Post
Topic
Board Bitcoin Discussion
Re: Is it too advanced to get into Bitcoin now?
by
Negotiation
on 27/02/2024, 11:57:36 UTC

If the current price of Bitcoin is high enough to start investing in it, then what will happen in the future if the price can be higher than now.  Therefore, take this opportunity when we are sure that we want to invest now, don't wait for a sharp price drop, because Bitcoin price movements cannot be predicted, but most people believe the price will be more expensive in the future

The price of Bitcoin is now 51k$ and expect it to increase rapidly in a few months. But I don't know how much profit can be made by investing now. The Bitcoin market can go into dumping again anytime. So I don't know if it is right to invest now.  If you invest during dumping, chances of getting a lot of profit are high.
Investing in bitcoin is always better than waiting for it for a long time. It is true that the price of bitcoin has reached such high levels that it is difficult to determine whether it is the right time to invest. Investors tend to hold more when bitcoin falls in value. Many are saying that the value of bitcoin will fall by half in the next year 2024. Others see great potential according to them, the value of the currency will more than double its current value. In that case the investment can still be made.