Post
Topic
Board Speculation
Re: Is It Time to Buy More BTC?
by
Hamphser
on 16/04/2024, 17:59:24 UTC
Many people are optimistic that the price of bitcoin will increase, which does not mean it is guaranteed that the price of bitcoin will increase and bring profits to everyone who decides to buy bitcoin from now on. The market does not move according to the wishes of people, especially the crowd. Investing in bitcoin requires a long-term view, don't try to speculate just because everyone is optimistic about the bitcoin price and the halving does not guarantee us a price increase.

The right time to buy bitcoin is when you are ready for the risks you face if it happens, not before or after the halving event or when bitcoin drops in price.
Indeed, no one can guarantee that with every speculation made by someone that Bitcoin will experience an increase and can be profitable for those who have collected Bitcoin, so before deciding to invest our money in Bitcoin we must already understand the investment we are making and don't let it happen. just following other people in investing so that we make mistakes that cause us losses.
What you say is very correct, that the time is right to invest in Bitcoin when we are ready for the investment risks that we will face when carrying out the investment and also have to have a good plan before starting to collect Bitcoin so that we can get a profit from holding Bitcoin.

The more you invest in bitcoins, the more benefits you can earn. Because the current season is close to halving, now is the perfect time to invest in Bitcoin. Because investing now will definitely create an opportunity for Bitcoin to reach its highest price, and you can profit by exploiting this opportunity. Therefore, participating in the investment is the most important at the present time, the price of Bitcoin is under the control of the investors.

But always put up into your mind that even investing on Bitcoin doesnt really assure safety and this is why it would really be best that you should really that make yourself know and invest on the amount that you can only afford to lose.