Post
Topic
Board Speculation (Altcoins)
Re: Is now a GOOD or BAD time to invest?
by
stadus
on 28/08/2021, 21:10:14 UTC
Bitcoin has dropped a bit after reaching 50$ mark so I feel it is a pretty good time to invest some amount in bitcoin. But it can go down even more so I recommend investing small amount now and wait and if it falls even more than invest more on it.
With the price of Bitcoin going down I think this is indeed our opportunity to buy,
investing in bitcoin certainly does not need to hesitate because we can make a profit from it,
apart from that it all comes back to each other's decisions
I don't see it going down, it's actually recovering now because the market trend is bullish. Maybe the price now is lower than its ATH which is $64k, so if you think it will break its current ATH, then there's no problem in buying bitcoin at $50k. My thoughts on the current situation is I'm riding with the short term movement but not to accumulate for the long term as I'm waiting for a lower price which I believe I would see soon.