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?
You know, having the plan of a long term investment especially the idea of waiting for the next ATH or at least a price range around the current ATH would still give you a decent profit even if you buy at the current price. $5k is a good sum and the current ATH guarantees you at least 2x of your capital ($10k).
Where you might have issues is when you don't get to follow through with your plans, it's theist you should do to ensure profit at least Bitcoin has got some securities on it and you have a better chance at getting some good returns than you would have in other projects.
Either able to speculate either the coin would dip more, its something not to say for sure. The movements have been good and price at the time is around $30k.