Post
Topic
Board Bitcoin Discussion
Re: BTC drop an opportunity to buy
by
worle1bm
on 30/01/2021, 14:11:17 UTC
As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
The prices have now once again pumped due to investment in Bitcoin due to Musk updating his twiiter bio with #bitcoin and they are standing at $38k at current which means they have grown 14% in last few hours.You should have invested at the dip when prices were fluctuating below $30k and you have gain profit.But if you are planning to invest at this time you should wait for some time as after few days crypto rules and regulations policy will be disclosed by Indian government in their annual budget which will impact the prices in the market as they are working on their own CDBC by RBI and use of blockchain technology rather than promoting these cryptocoins.But we need to wait for the actual results and you can invest according to that.But there is one saying that anytime is best if you are planning to invest in Bitcoin because it will rise inspite of no support from central authorities because it was build to overrun their centeral system of payments by Sathoshi so sont worry about prices if you are long term holder just go with the flow.