Quote from: Razmirraz on May 15, 2024, 04:23:42 PM

Quote from: Victorik on May 15, 2024, 12:51:12 PM

There's no perfect time to buy Bitcoin. The most important thing is have enough information to guide your investment. If you don't have the right guidance, mistake will definitely be inevitable.
Many jump into buying bitcoin without a clearly defined plan.
It's a good thing you are asking questions.

The most appropriate time to invest in Bitcoin is when you already have cold money that is not used for other needs and are mentally, emotionally and patiently prepared when the market experiences a correction. For beginner traders or investors, they need to study guidelines for investing in Bitcoin to avoid mistakes that result in financial risks for assets, but for investors who already know Bitcoin closely, what they need is their own readiness and financial support to carry out their plans. Bitcoin is digital gold, the more you save, the greater your potential for making large profits.

Definitely, investment must be made with spare cash otherwise you will run into problem.
Every form of investment have their secrets and it is imperative as an investor to know these secrets. For Bitcoin, for instance an investor needs to understand that the price doesn't remain up, there are times when the price will dip, sand if you are not mentally prepared, you might end up selling off in panic.