Quote from: StreakW on Today at 10:33:09 AM

Quote from: MiF on May 16, 2024, 07:45:18 PM

Quote from: Balto77 on February 06, 2024, 10:05:43 PM

Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?

Buying is all depends on you, it is you're money so you need to decide by you're own on because at the end of the day you will be the one to lose if you lose, you only need to do research and be sure that you already know what is crypto and how risky is investing into it. No one can predict the price so everything you will here from another investors is also a prediction so don't put your trust to anyone for good.

I agree with you that never trust anyone in investing in crypto because there is no accurate prediction of prices in crypto currency. It is very important that before deciding to invest, we have sufficient knowledge and carry out in-depth research in order to minimize the potential for large losses. It is important to remember that cryptocurrency price movements are fast.

The question in OP is not anything related to trust, but more likely gathering an idea or looking for a convincing answer to whether it is convenient to buy Bitcoin at the current situation of the market or it is better to set aside the idea of investing for possible crash that might happen in the market. It is indeed true that no one can accurately predict the market, but hearing ideas from other people is not that bad because it can be one way to have a strong foundation to his plan of investing whether he will initiate it immediately or not, and I'm sure OP knows to himself that at the end of the discussion, the final decision will still be made by him.