Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
TBH, its really hard to predict right now into it is the right time to enter the market or not.
Right now, bulls are in control and there is no sign of reversal till now and as of this moment Bitcoin just reached the $35,000 price. I thought that when Bitcoin dropped days ago, that is the start of the reversal already but I'm wrong. If you want to enter now, know your risk appetite because its really hard to predict right now into when will it drop since bulls are in control. One thing is for sure though, the market will go down anytime but I don't know where it will start to drop.