Post
Topic
Board Trading Discussion
Re: Is it safe to buy now?
by
Dragonfund
on 19/03/2023, 13:22:22 UTC
The crypto market has seen the value of all coins, including Bitcoin, green at the moment. But it is normal that the market may go down again. You can trade now if you want, trading now will surely earn you good profit. and if you want to invest for a long time then you need to be patient. Because the market has increased a lot now. and when the market takes a little dump again, you buy and hold bitcoins.

Sometimes fear causes even experienced crypto users to back down. If the OP had bought bitcoin as of January 15 when this thread was created, the closing price of bitcoin that day was $20,879. Let's assume the OP invested $2000 then, by now he will have made some profit since Bitcoin started trading for $27,000. Since January, Bitcoin has increased by approximately 25%.

OP, if you have not bought Bitcoin since you created this thread and you think the market is too high now, you can do DCA and also hold your coin in your wallet; don't be in a panic to sell if the market is falling.

Very easy to make evalaution after seen positivity but if you are the OP and from what happen to crypto around November, you would have done the same mistake OP did reason is that there were no interest in the market, even last 2 weeks, people had fear that USDC collapse may send bitcoin back to $10k but luckily for them, they triumph and everything became in favour of bitcoin even when we all know that the bounce is manipulations of whales, only bitcoin has been having a good time, altcoins remained the way they are and despite the cool down of bitcoin, no changes in them.