Post
Topic
Board Speculation
Re: Road to 100k?
by
Gallar
on 31/08/2024, 06:44:30 UTC
Currently, the price of Bitcoin is below $60,000 thousand dollars. Why would we recommend to beginners that you only be ready to buy bitcoins during the dip season, the best way to advise them is to be ready to buy immediately no matter what condition you see the bitcoin price in the market be it dumping or pumping even if it is long termPlan to hold. Yes, Bitcoin has historically risen after a dip in value as we have seen this year. For example in 2023 the price of Bitcoin was very low but come 2024 the price of Bitcoin has increased historically and created new ATH which was unimaginable by all. So it should be kept in mind that the price of bitcoins can rise anytime so buy bitcoins to invest whenever you get the chance so that you don't regret it later.
I agree with your opinion, friend, to invest in Bitcoin you don't need to just wait for the price to fall. Because the point is that by buying bitcoin at any price, I am sure that in the end you will make a profit too. Because as we know, Bitcoin always experiences an increase every year or every 4 year cycle (Halving). So what do we need to worry about, because buying assets that have the certainty of price increases certainly shouldn't be wasted. Therefore, when buying bitcoin, don't be too confused about the price, because as we have discussed, whatever price we buy bitcoin for, we will definitely make a profit too. But I also don't blame investors or traders who buy bitcoin when the price goes down. Because this is also their right, perhaps people who have the habit of buying bitcoin when the price is falling think that the profits they can get will be greater. So in this case we just have to have tolerance. Because everyone certainly has their own way and technique for buying bitcoin.