Post
Topic
Board Speculation
Re: Is It Time to Buy More BTC?
by
Essential10
on 25/05/2024, 20:47:17 UTC
Bitcoin rewrite its ath history this year by hit ath serveral times. And still it is on up trend mood. Yeah it dumped but not that much. And each time it also had recovered asap. I don't know if you should buy more Bitcoin or not but yeah DCA could be best deal with Bitcoin nowadays. But as Bitcoin is on up trend with strong position and it seems it won't go major correction mood, rather due to bull it has chance to pump more higher in upcoming days. So buying Bitcoin won't be a loss project in my opinion.
After the Bitcoin halving, the market is now trending higher, taking a mild correction but then pulling back again. In the current market, many people will not have the courage to invest in Bitcoin. Many people are looking for a big correction in Bitcoin. Many people do not even want to follow the DCA method because many people have limited funds. For those who have an additional source of income, it is applicable. It's always difficult to predict which direction Bitcoin's price will go, but this year Bitcoin is running at a different pace. But I think those who want to prepare for the upcoming bull run in Bitcoin investing should definitely try to buy now.