Post
Topic
Board Speculation
Re: Buy more Bitcoin when downward
by
CageMabok
on 29/06/2024, 15:53:51 UTC
Predicting the price of Bitcoin may not be accurate at times, but if your guess is correct, investors will have to wait longer for the bearish trend. Again your guess may not be correct and bull run may be in process but buying at $60k may be the best decision for you. You should always be on a Bitcoin buying trend like DCA. Whether the value of Bitcoin is low or high, DCA has a huge horizon for you to deposit Bitcoins. Continue your stashing for a long time.
Not only sometimes, but it is more inaccurate when there are many price predictions that point to Bitcoin because every price prediction can always be right on target for the Bitcoin price. Of course everyone can have the opportunity to become rich because there will be many investors who want to use their capital to buy Bitcoin at the current price. Although at this time there are also quite a few investors who are taking advantage of the opportunity to buy Bitcoin at a price of $60K even though there were inaccurate predictions at the previous time.