You saw the BTC price this month increase, would you buy it and hold it for a long time? been hesitating when I want to buy BTC today but before that.
I want to read opinions from you all if it is okay?
I hope you are an expert and doing this for a long time what would you say? buy? or not? also,
I already have BTC (just sharing).
PS: Don't judge me I stopped reading BTC and trading articles or pieces of information for almost years I only came back this December.
Till now I am learning again (will not stop) and want to ask you people who are none stop doing trading and buying bitcoin.
I have been giving opinions when it comes to selling or buying but when that time comes that is today I am going to buy it now I been hesitating.
So, I heard from one friend that it is a wrong decision when you people buy rising stocks value most likely to go down, is it different from bitcoin? is it right or wrong? I also made research but it's the opposite. Hope to get answers from real users because some websites I read also have comments but I don't trust it, it might be a bot or a scam.
To begin with welcome back, there are many people that leave the market to never return and it is nice to have someone that can recognize the value of bitcoin and wants to get back in the market, now about your question I will not deny that this is a difficult moment to buy, you're coming way too late to the party and it is indeed possible that if you invest now there is going to be a downturn in the price of bitcoin.
So what to do? You only option is that if you are going to buy bitcoin right now is to accept the fact that you may have to wait some time before you see any kind of profits and that you are going to need to hold your coins for the long term, if you cannot do that then it is probably a bad idea to invest in bitcoin.