Post
Topic
Board Beginners & Help
Re: I missed the boat is not new concept..
by
coinism
on 11/11/2021, 13:40:34 UTC
I'm pretty sure that one day people will regret the missed time when the price of Bitcoin was only about $60 000, just as many today feel the same when they remember how cheap Bitcoin was just a little over 1 year ago - I believe most remember what happened in March 2020 when a pandemic was declared, the price of 1 BTC fell below $5000.

It is true that it is never too late to invest in Bitcoin, but it is also true that you need to know how to choose the right moment - history has shown that time just before or after halving is an ideal entry point even for those who just want short-term profit. The worst thing is to do nothing and talk all the time about what it would be like to invest in Bitcoin - some people never learn and stay on the sidelines forever.

Bitcoin price is very fluctuating these days and right now bitcoin is reaching new ATHs every other day. If someone wants to buy now then he must buy on dips or DCA (Dollar-Cost Averaging ) i.e. buy in small chunks at different prices. Investing all money at ATH is not good idea. Also you must have an exit strategy, in case market take a wild wing in down word direction.