Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.
Bitcoin price fluctuations is already part of a highly volatile market as you wont expect for bitcoin to keep on surging high without even dumping its price at some point. So its never a new thing for us. But for beginners, I can see that this will be a threat for them and believe that bitcoin is not a potential investment. However, for smart investors on the other hand, this will bring them another opportunity to invest while the market opens a good entry.