Post
Topic
Board Bitcoin Discussion
Re: Is it too advanced to get into Bitcoin now?
by
SeriouslyGiveaway
on 23/02/2024, 06:04:05 UTC
Cryptocurrency prices have increased by 118% compared to last year. Similarly, prices are increasing by almost 83% in the last 04 months.The dramatic history price of Bitcoin peaks and the recent buzz around its upcoming "halving" its only fair to pose the most obvious question in front of us that-
Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?
We will never know if Bitcoin will continue to rise or will correct. Since the introduction of Bitcoin EFT, Bitcoin's price path is extremely unpredictable, this year's cycle may be very different from previous cycles. What will we do if Bitcoin continues to go up and then corrects, then the adjusted price will be close to the price now? So for me personally, buying Bitcoin now with a longer view means the current price is not too high to own Bitcoin. If we hesitate, we may miss an entire bull cycle ahead because with the recent moves of large organizations, I think the upcoming growth cycle will be extremely crazy when the cash flow Pouring into this market is huge.