I wish there is a way that I can show families on here how successful I have bring numbers of people into Bitcoin between 2021 - 2023, it's been so great and I am very happy about it, I have fresh newbies at hand right now, two of them are from the same university 🎓, I have spent 6 weeks with them teaching and answering questions about Bitcoin and wallets, now they decide to purchase their first set of Bitcoin.
Here is where I am confused, the present value of Bitcoin is growing, some said it's because of the Chinese New year Holiday aka Year of the Rabbit, since I got mine at 17,000 and 15,000 I feel it's wrong to tell these newbies to buy at 23,000$
Have I done the right thing by telling them to wait for some correction before buying or you famz have a better idea? Because right now I don't see anything thing better than to wait, double bottom is always possible with Bitcoin in bear markets.
Yes, theres no wrong telling them to wait for some correction before buying, but never meddle on what price they should start buying. As long as they are aware enough to buy at a low price and sell when the price is high, then let them decide on their own when to best buy. After all, you dont hold guarantees if the market will pump or drop its price right after they bought. Just when they thought about the market volatility, I assumed they should have prepared for it before buying.