Post
Topic
Board Bitcoin Discussion
Re: Buying cheap is best formula
by
Smartvirus
on 29/03/2023, 17:34:14 UTC
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it.
Technically, it's not a bad time to buy or engage in some active trading. It all depends on what plans do you have for your investment or trading. Either long term or short term and the approach you use towards this.
Still, the coin price is at a low as the price isn't even upto the mid point when compared with the ATH yet. There are chances that itight go up or fall in few weeks or months but, your plans towards your investment determines your chances of profit or lose.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
How certain you seem to be with this leaves me with some mixed feelings but, following your speculation on a next 5 months, we can have it either way until then in 2024, this makes buying now ideal still and beneficial.