Quote from: salad daging on November 05, 2023, 05:01:54 PM

Quote from: Mate2237 on November 05, 2023, 03:55:08 PM

Bitcoin is on the rise now and this is an indication of bull market. And now that bitcoin is $34k to $35k those who want to buy and hodle, this is the best time to invest. Those who indicate interest to invest on bitcoin in my location came to meet me yesterday and I told them the factors involved. I told them both the benefits and the risky. Early is the best.

$35K is still too low if you look at the future price of bitcoin will be much higher, anyone who wants to start there is still a chance to buy at a low price even though this is an increase from $28K to $35K.
Buy DIP think it will be difficult if they don't have big money but they can do it by accumulating DCA every week or month which will continue to accumulate bitcoin all the time, or can even hold longer in a few years not waiting for next year.

All of us who invest have expectations that the market will do much better after they invest. An investor may never invest thinking that the value of the coin they invested in will drop after they invest. As you said currently the price of Bitcoin is sitting at 35 thousand dollars and from this point the price of Bitcoin can go much higher. As you have seen the possibility of the price of Bitcoin going up, as an investor I see the possibility of the market going up as well as the possibility of the market going down. We have to make investment decisions knowing that the prices of various coins may fluctuate due to market volatility.

It was a good time to invest in Bitcoin when it was $17000 and it was still a good time to invest in Bitcoin when it was $28000 and now Bitcoin is at $35000 and I think it is still a good time to invest.

As we will invest in long term plan so small change in any coin will not have any adverse effect on our long term investment. When investing one should always plan long term investment, short term investment never fulfills the desired expectations of an investor.