Quote from: YOSHIE on Today at 03:09:02 PM

Quote from: Biggeno on January 10, 2024, 05:00:21 PM

So what is your take about this, would you advise on owning Bitcoin in 2024 or do you see it as a total risk?

I don't see a significant spike in Bitcoin prices in early 2024, meaning my view is not too risky in the current second, we may still have promising opportunities for Bitcoin users, There is no guarantee that when we enter the middle of 2024, maybe it is very risky, because one of the halving phenomena will occur.

My feelings for now are still calm and improving, even though I have to buy now and invest now, I still believe the best opportunities will happen in the future, but we are still alert that anything could happen to Bitcoin without our knowledge, but I still feel comfortable doing something now, not comfortable for the middle of this year.

It's still best to buy bitcoin at the start of the year, most especially that bitcoin price has not gone so high because once bitcoin halving is here, we will see sudden price hike for bitcoin which means buying at that time will be more risky compared with the current market price.

However, if you resort into following DCA strategy, much better as it will lessen the risk from losing. You can do it monthly or bi monthly, depending on how often you make an income.