Post
Topic
Board Bitcoin Discussion
Re: How do you interpret the fluctuation of Bitcoin price ?
by
nullama
on 14/03/2023, 00:45:10 UTC
~snip~
When Bitcoin moved to $15500 it was an opportune time for us to invest. Then at the beginning of the new year, Bitcoin went up. The price of Bitcoin rose to $25,000. Many people thought that the investment opportunity might be gone. But we can see that in the last few days the market has come down again, I think another opportunity has come for people to invest. But the market bounced back from $19,800 to $24,500. But I think even if the market increases, it is still the right time for us to invest. So those who want to invest can still invest.

It also depends on the time that you have money and attention to invest in Bitcoin really.

For example, you could say that $15,500 was too expensive because you were buying it in 2013 at a fraction of that price.

The thing is that Bitcoin is an appreciating asset, so no matter what price it is today, it should be higher in the long time.