Quote from: Gallar on Today at 02:43:30 AM

Quote from: Fuso.hp on May 31, 2024, 11:49:07 AM

Quote from: MRY on May 30, 2024, 11:56:38 PM

Unfortunately, at this time we no longer have the opportunity to buy Bitcoin at a cheap price, currently the price of Bitcoin has risen too high. But we can still buy Bitcoin, it doesn't have to be one Bitcoin. At a minimum we can buy Bitcoin with an amount of $100.

Now we can see that the price of Bitcoin is in a very good position and the current state of Bitcoin price is near the peak price of Bitcoin. The price of Bitcoin was at its peak when it was regularly dropping between $15k to $20k and many people discussed at that time that buying Bitcoin during this peak price would not be the right decision for them. Today you see the value of Bitcoin has almost doubled from there. Now if Bitcoin goes up another factor or two from the position we think is the highest point in the price of Bitcoin, we will regret it because we missed the opportunity that we had. If we are thinking of investing in long term plan then we can invest during any price of the market and invest and hold it in long term plan. There are many investors who regularly invest in Bitcoins by investing during the lowest price and investing during the highest price thereby increasing their chances of profit.

Yes, for medium and short term investors, buying bitcoin at the current high price still has the opportunity to make a profit. Because we don't know what the highest price Bitcoin will reach at this time. So instead of thinking it's too late to buy bitcoin now, it's better to just start buying it. Because it could be that in the bull market this year or next year Bitcoin will reach a price of $90K-$100K. This will of course be very profitable if, for example, we buy bitcoin at the current price.

Moreover, for long-term investors, as we know, it doesn't matter what the current price of Bitcoin is. Because the most important thing is that we accumulate money into bitcoin, namely by using the DCA technique. In my opinion, it is easier and better to make long-term investments in Bitcoin. Because we don't need to be confused or afraid to buy bitcoin at any price. However, everyone definitely has different desires and perspectives regarding investment decisions. So I personally just emphasize never feel like it's too late to buy bitcoin.

Because if you think deeper, if for example we buy bitcoin at a very high price, then after that the price will fall. We didn't need to worry because four years later we were definitely still making a profit. Because as we know, the price of bitcoin every four-year cycle (Halving) always experiences a higher price increase compared to the previous 4 years.

I hardly dispute this as facts surrounded it, but many still see there is need to wait if there may be a dip to buy because buy when the price is high may no give them what they are speculated to afford when there is a step down in price it's good to advice investor but I believe every good investor has a target on how to enter the market and make something out if it mostly when it has to buying Bitcoin for holding, this occurred in our local market as the laws of demand and supply can't be overruled in the life of a good investor when it comes to buying a particular products the target is usually where to get more and there is no other means than when price step down, I realized that before now there is an ATH if $73k before fall to $60k though this is actually a serious Dip but I will assure you in the life of good investor the little drop has allot to add to him, the reason people bargain in our local market is to get profit so it's to investor who wait for little drop before buying that my view .