Which is I came across a news article stating that October is approaching and is a highly potential period for Bitcoin, suggesting it might be the right time to invest. My question is, is it advisable for a newbie who has never invested in Bitcoin before to take advantage of October too Are there any limitations or considerations I should be aware of as a newbie?
As a newbie, you can enter the market at anytime but first have the basic knowledge of the market. Know how to secure your wallet and protect it. Privacy and security are two essentials you shouldn’t joke with when going to invest in bitcoin for the first time. It is true that October has always been a great month for bitcoin historically, but that doesn’t mean it will be the same every year. To avoid the regrets of missing out on investing in bitcoin, it is a volatile market and can be very hard to predict. So it’s advisable to invest at anytime you have the opportunity to. Bitcoin long time goal is to be a profitable investment base on past indications, then it should be encouraging to invest when ready and not wait for a specific time for that.