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?
For cryptocurrency investment they don't wait for the perfect time to occur before you can invest in bitcoin or any other cryptocurrencies, theirs no time you invest in cryptocurrency that is time wasted because it doesn't have a particular point that's a limit time for bitcoin or any other cryptocurrencies also doesn't have maximum time for it to get accelerated or get a degradation, I will tell you that during cryptocurrency investment you don't need to follow anyone directions for the investment, because of the danger of the market, you have to make your decision and follow instinct, and secondly you can invest now and bitcoin rise you make profit and their is also every tendency that after your investment or purchasing of bitcoin it might fall, so your decision supercedes anyone during your personal investment.
That's actually a good point for you to not be left out on trend. But as a newbie like the OP, it's a good thinking to start by waiting for the DIP of the market for them to own a lot of coins. Maybe it would be good for the OP to wait for the DIP it just the safest way especially that's a huge amount of investment its a big loss. Still if you afford to lose the money risk could lead to two things, win and lose. And you couldn't get either of the two if you don't risk. It would be difficult to ask for someone calls especially its your money if you lose it you can't blame them. Trust your gut and the risk. In the volatile situation of the crypto there's no guarantee you'll succeed.