Quote from: HelliumZ on January 26, 2024, 11:13:48 AM

Quote from: roller33 on January 25, 2024, 08:33:38 PM

As you might know, the price of bitcoin reached its lower point since last month.

Should those who want to buy more do it now or do you believe we'll see the bitcoin price get down a little more?

Some here were talking about rumours of BTC being purchased from Saudi Arabia, but well, that's just a rumour.
But people tend to panic and sell, so this might be the best moment to buy as much btc as possible. What do you think?

Now is the right time to buy Bitcoin as the effect of Gray-scale Bitcoin selling has hit the market which is why the market is down 15-20% even after the Bitcoin Spot ETF is approved. However, if grayscale bitcoins continue their selling streak in February, the market in bitcoin will fall further and it will still be a good time to buy bitcoins. Those who want to buy bitcoins now can buy partially and invest the remaining amount when the bitcoin market goes down a bit in February. But apparently this is expected to be the biggest Bitcoin market dumping event before the Bitcoin halving.

The Bitcoin market was down a lot, but now it is back up again, however we know there is time to buy Bitcoin if the investment is long term. You are right, when the market goes down a few percent, investing can be very profitable. Currently we are in February, but the market has not gone down much, but its price is going up a lot, so those who invested when the Bitcoin market was down must have made a lot of money this time. Before bitcoin halving I saw some market move towards crocodile, but now it is up again so may be more price of bitcoin in coming days, but dumping doesn't seem to happen.