As new investors we expected Bitcoin to touch $100k this year but it is currently in a bit of a downward trend. Still I'm more optimistic that I can buy Bitcoin at my expected DIPS but if it continues to be bearish for longer I may regret not buying at a lower price. Waiting for more dips may give better results although chances may be last. My question is should we continue buying now given the value of Bitcoin? How fruitful is the initial target for Bitcoin holding until 2025?
I value speculation when it comes to investing.
https://www.coindesk.com/markets/2024/06/21/bitcoin-options-market-isnt-buying-btc-price-weakness-shows-bias-for-100k-calls/ Its not about simple buying or selling, the market is always moving not only for today but also from the past and in the future because bitcoin is a decentralized coin and no one can control it.buying is very simple its just a simple click on some crypto exchange and then you got the coin, the hard thing is to hold or the correct timing of selling even if we buy at the high price if we can hold and then wait for more higher price we can still earn profit, the problem is most of the investors specially the newbie investors will always have a fear to hold during bear season and then they sell at loss and end up lossing.