Quote from: BobK71 on August 11, 2022, 05:38:37 PM

Quote from: burky156 on August 11, 2022, 08:37:51 AM

I think if one invests in the long term, then at any time one can buy bitcoin or any other cryptocurrency. Whether or not the decision to invest in bitcoin is wise or not, it really depends on the timing and investment strategy of each. So before starting to invest, it's better to first understand technical analysis and estimate when to enter and exit the market so that we don't panic buy or panic sell.

Crypto experts expect Bitcoin gradually return to its previous position. Yesterday Bitcoin price was around $23000 but now it is more than $24000. Bitcoin is still in a buy prices. But after few days later it may reach $28000 then many may regret. I think investing in Bitcoin will never be lose. But I will definitely advise my friends to invest in Long-term.

What position? They better, or you better clarify it because here in cryptos we have two positions and that is one is upward and the other is downward. I don't think there are still people who will regret because this bear run gives them adequate time already to buy but in the event the price climbs to 28k then the regret is only small and it's still possible for them to buy it because there's still a long way to go before we fully recovered to the last ath.

Investing has its own risks including bitcoin so if you don't know what you are doing then you can surely lose but before you engage here, better study things first. We can recommend btc to our friends but let us also guide them.