Good day to all members of this great community! I previously asked questions and received helpful answers and advice from our elders to focus and engage with different boards to learn and grow. As a newbie, I'm eager to continue learning and have another question.
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?
The source
https://azc.news/3-reasons-why-you-should-buy-bitcoin-in-october-id29080/It is your choice to choose if you can invest now or not because from my understanding investing in Bitcoin doesn't have a time that you can invest or not to invest, bitcoin is an unpredictable investment which is why you can't know the perfect time to invest, you can invest whenever you are capable of investing, you might be thinking that October is best decision and after you buy it the price might still come down more than the amount you buy it and that will make you feel like you don't buy it in a good time like I said, bitcoin is unpredicted investment because we don't know what the market price will show later at the end, bitcoin price can change in just a minute.
As a newbie, you have to keep in mind that you are investing in Bitcoin and it is an investment that the price can change at any time that is why it is you need to know much about Bitcoin before taking any step of investing in it, if you are interested in buying bitcoin in this October that is your choice and if you want to wait for the price should come down and invest that is your choice but what you need to know is that bitcoin can price can drop and Rise at any time.