As a newbie who has a little knowledge of cryptocurrency but much interest in purchasing bitcoin for a long time Hodl, since the purchasing capital is not included in my spendable budget and the price of bitcoin is not very high at the moment 16k, what should be my fear?
Pls, advise me.
The current bitcoin price ranges from $16K, that means the previous price accumulation was at a maximum correction of up to $15K, as a beginner you are in the current correctional market condition. However, in my opinion, there is no need to worry, because once the recovery process is running on the market, bitcoin's condition will be fine. Supply and demand that enters the market will make us have the opportunity to enter the market now.
Stay calm and make purchases in stages according to the capital we have, so you can take advantage of accumulated bitcoins at any time, because the current price conditions are the right step to make purchases.