Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?
Investing in Bitcoin can be a great long-term investment. Bitcoin can be a great and profitable investment in the future if some one has good capital.When bitcoin reached 16 thousand k it was the best time to buy bitcoin but many people missed this opportunity. Now that Bitcoin has reached $28,000, buying Bitcoin here can also prove to be a great investment for the future. Because everyone knows how far the price of bitcoin can go. But some experts say that Bitcoin may touch the $20,000 mark once again after crossing the 29,000 mark.It would be better if you buy half of your capital bitcoin now And keep the remaining capital with you so that if BTC goes down to $20000 you can buy it from there.Because if we look at the history, Bitcoin can go back to $20k according to this calculation.