Quote from: Rabata on March 24, 2024, 05:31:07 PM

Quote from: Balto77 on February 06, 2024, 10:05:43 PM

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?

Bitcoin is one of the most volatile cryptocurrency at any time the coin can experience increase and decrease it's value. There are many people who buy bitcoins of this volatility and then sell them after reaching a slightly higher price according to their opportunity. There are also many who wait a long time for the price to move back to their expected level. But what I think as a Bitcoin investor is that Bitcoin has become a valuable asset based on potential and will continue to increase in value in the future. If one invests in Bitcoin with an eye on potential, I would say that Bitcoin is still in a buy position at whatever price it is. Maybe if you wait you can get bitcoins at a lower price but if it is bullish then maybe the buying ability may lost.

Each person collects Bitcoin using a method that they think suits their abilities and will also be profitable for them in holding Bitcoin. There are some people who buy Bitcoin at a certain price and when they have made a small profit they sell it again and take the profit they have made and There are also those who buy in stages and hold for a long period of time to be able to look forward to profits when prices increase.

You are right, for those who know very well the potential of Bitcoin of course they will continue to buy at whatever price they are to invest in their future and we cannot know for sure when the price will decline so that they can collect large amounts and there will be more It's good to keep buying whenever we can for future investment.