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 has always been a good and potential crypto investment and it will be a good market entry if you start investing it at a lower price because it will enable you to purchase a bigger amount of bitcoin at its affordable price. Though everyday is a good time to invest in bitcoin, but if theres a market crash, that will open a great opportunity for another market entry. So volatility is a good thing for bitcoin, however new investors often misinterpret it and cause them to panic, when in fact such price decline will only be temporary.