No one knows for sure whether it is the right time to buy or not because the crypto market moves so fast. Recently Bitcoin experienced a decline after reaching a new ATH level, but it seems that this decline is only temporary as the Halving is getting closer. But if you believe that Bitcoin will experience a long-term increase during the halving, maybe this is the right time to buy and hold it until the halving occurs. All decisions are in our hands, therefore, never make decisions rashly, always monitor market conditions so that you can make the right decision.
in cryptocurrency investment the only best You have to buy this bitcoin is when the price of Bitcoin is low, So at this moment the price of Bitcoin produces in market then you can purchase a bitcoin for short time investment not a long time investment because people who purchase at that particular time when the price drop will make a profit,
I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.
Every time is the right time to buy bitcoin, as long as you have the money you want to use, and the purpose of buying will play a major role in deciding if you are to buy or not. So you should not debate if you are to buy or not unless you have plans of not holding for long and are in search of quick profit.
Every little dip in Bitcoin price presents a new buying opportunity for those who want to dive into the market. You don't need to wait for it to get dipper before you can buy because you might never see it at that expect downward price as of the time you want it instead it might make a reverse and the market will start going up.
in normal circumstances there is no specific time someone supposed to buy Bitcoin any point in time is good time for someone to buy Bitcoin depending your duration of holding or Bitcoin with determine the actual you are supposed to buy Bitcoin for yourself, who is into short term investment can actually buy Bitcoin now on the cell the next 2 minutes or next one week time because the price of Bitcoin may appreciate so that is why we conclude that there is no specific time that is the best time of someone to purchase a Bitcoin.
Having this kind of volatility and a recent price dip makes it a good buy in the long term. If you believe that Bitcoin is going to go higher in the long term, this is a great opportunity to buy in. With all the interest being seen with the recent happenings with ETFs and institutional investors, it would be a great idea to have more. The coming halving would also give us more hope with the chance of having more.
I believe also that DCAing on to BTC is the best way to have a profit. Believe in it and you know that you gave it your all.
People misinterpret and misunderstand bitcoin investment so we have long-term investment and the also short-term investment so if you want to make a profit it depends on the Investment or bitcoin you want to venture into and if you're also want to purchase bitcoin when the price is high it is also depend which investment that you want to establish, my theory it is better for someone to buy Bitcoin that you hold for long time when the market is on bearished so that when the market increases then you will make a profit but some people especially the new investors does not understand such thing, any point they see Bitcoin as opportunity but you have to calculate where and also have a target before you can venture into buying or Bitcoin neither the long term duration or the short term duration.