Quote from: romero121 on December 15, 2021, 01:13:50 AM

Quote from: kawetsriyanto on December 14, 2021, 10:40:36 PM

Quote from: lizarder on December 14, 2021, 07:48:20 PM

At this time it is suitable to buy bitcoin, considering there is a correction that occurs in a few days, but in conditions like this we can take advantage of short-term investment patterns

I am not sure if it is a good time to buy Bitcoin since there is a rumor that Bitcoin possibly drops to $42k. In my personal opinion, if we want to buy Bitcoin, wait till the Bitcoin drop below $45k. Considering the current price is around $48k, better to keep waiting and learn how the possible market trend in the future. Honestly, I stop buying now, I assume it is too risky buying Bitcoin with the current market condition.

If the plan is for trading, then the present time is good. There is possible chances of making profit out of the regular fluctuation between $45k and $48k. Maybe this can crash or pump, so being prepared for the same and simultaneous involvement into trading brings good money.

If the plan is for long term holding, then having patience for a short term could benefit. The price is predicted to test $40k based on the market conditions.

I don't really understand how the market determines a correction, after that it recovers or will correct again, but at this time there is no movement other than a correction for bitcoin, what I know in these conditions many investors will make massive purchases, at the right time they will make bitcoin pump itself, so the increase in bitcoin is like the game they make, although the rarer it is, the more expensive the bitcoin price.