Quote from: Bd officer on June 22, 2024, 02:16:04 AM

Quote from: shanhaigamefi on June 18, 2024, 07:44:06 AM

Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

OP why do you believe the advice of others? One should not invest on the advice of others in cryptocurrencies. If you want to invest in Bitcoin you can invest anytime. But you must hold the investment for a long time. If you can't hold on to Bitcoin investment for a long time then you may end up with losses instead of profits. Bitcoin price is currently at $64k plus, no one can accurately say whether Bitcoin price will go down or up. So you can invest in DCA method. If you invest in DCA method you can buy bitcoins at average price.

The problem of listening without knowing the context of the suggestion he might get confuse and misunderstood people suggestion. So if he's aim is to hold for long time since he want to became a bitcoin holder then anytime would be a perfect time to buy.

Asking for buying at the dip meaning that OP may don't have proper confidence on bitcoin or he's totally lack of knowledge about what to do. No one can't predict the future as always say but Bitcoin has a great potential so people should remember that those people who afford to wait just like what other people did from the past will get rewarded. They could able to search how to do that DCA method since its helpful strategy. They should forget about the word waiting for the dip and buy since this might not bring something good to their bitcoin investment.