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?
It would be ideal if you knew how to DCA because this strategy is well-known and proven to be profitable. However, if you are having difficulty learning that strategy, I recommend that you buy part of your funds at 28k, and if the price falls below 28k, you buy more with some of your money. It's an excellent moment to buy when the price falls below your previous purchase price. Make sure to only buy if the price is starting to rise. Surely, you will profit more if the price makes new ATH.