Post
Topic
Board Bitcoin Discussion
Re: The bitcoin price drop is an excellent time to buy bitcoins
by
m2017
on 24/05/2022, 17:27:07 UTC
I'm sure no one will argue with Tanya_S that a bitcoi nprice drop is a great time to buy. Smiley But the catch is that we can't know at what point the decline will stop and the best time to buy bitcoin will be. Many can still expect more attractive prices than now: when bitcoin will drop to a low in this cycle. Personally, I find this to be like chasing a shadow and almost impossible. It seems to me that it is preferable to buy bitcoin whenever finances allow and hold it. In the future, sooner or later, these investments will return with a profit. Although it looks like a "lazy technique", it will save your nerve cells and possibly money.

If you want to invest in altcoins, you should create a balanced portfolio.
Altcoins have always been more vulnerable to falls, and I'm afraid this is the situation now. You can easily see from the graphs that altcoins have suffered more and the most frustrating thing is that this may continue to continue. We don't know when the crypto market will turn around and therefore I wouldn't risk investing in altcoins now. As time has shown, all the same, bitcoin is more reliable, even if we evaluate it by price charts.