Well, we are not sure if we are at the bottom already as the price of Bitcoin seems moving fast up and down. The volatile nature of the market is making it hard to tell when but I guess, we need to make a decision right now rather than waiting for the bottom price if there is. Thinking about buying at $19,500 is good enough compared to buying at $20,000. I buy Bitcoin without thinking for a bigger profit but what I just think is all about growing my money. Even just having 20-30% profit growth, I was already contented enough.
if you invest in bitcoin with 20-30% profit growth I think it's big. but if you just want to enter the market, it is better to wait more patiently. the market moment is still confusing, and not good for getting into trading. but if you are not interested in a lower price, you can buy it now and hold it according to your investment plan.
but in my opinion, this market recovery will take quite a long time.
All are presumptions considering that this market is truly unpredictable and there's no way that we could actually know on what's the bottom price which simply tells us that everytime it could really make out some significant move or about recovery which is something that we can't predict and that's why we do keep on guessing and speculating on where prices could actually go and stop.Bottom and peak or top prices are always the main question in mind that's why risk taking factor will really vary or depend on each person on how they would gonna handle it.