Re: Buy the DIP, and HODL!

But the problem is, is now the right time to buy bitcoin? considering the price is very high and prone to correction. I can only advise him to buy with the DCA model or wait for the price to correct. When he asked, what is the right price to buy bitcoin? I can only shake my head and say "no one knows"

Do you have any good advice for my friend? Honestly, I was confused with my answer because Bitcoin was very expensive and I was afraid of giving him the wrong advice

I'm doing a job to a reputed organization as a PS of owner. Last December, I told my boss to invest the Bitcoin but he didn't agree. However, he has million dollar into the share market. I'm maintaining his all accounts, and try to convince him by showing the bitcoin graph..recently he has shown interest in buying Bitcoin but it's not yet legal in our country.
My boss already talk to his friend who staying in USA.. sometime he goes their. I hope he might be invest in Bitcoin within future.

I have the same question, will the price of BTC decrease?
Is there any possibility that the price of Bitcoin will decrease during the halving?

Yes. BTC prices can go in either direction, so it is good to have a 4-10 year timeline or longer for any investing into bitcoin that you do.

Many senior and respected Parsons given their valuable opinions, But I found a essence of everyone in one line of your opinions. Initially approved and I wait for final approval from my boss. I think Longtime Investments like 4-10 years is very profitable for every business and if is there is Bitcoin, others are useless. Large investors like my boss may not prefer DCA strategy for those "HOLD" can be the best.