Post
Topic
Board Beginners & Help
Re: Can I invest in month of October?
by
Inwestour
on 14/10/2024, 10:43:33 UTC

Bull-season is getting closer as days go by, but I think that the beginning of October will be bullish, but I don't think this month will be bullish or positive. Already Bitcoin has dropped to 58k. But if someone wants to invest now, I will definitely not say it is the ideal time because when the market is bullish, no big investment is ideal. The investment time is the bear season when we do not invest because of fear.
But as like me also wanna say if you want to investment on bitcoin and you have fund for that then you can make investment withe the DCA strategy which will cost low risk also.
Most often, growth began in the second half of October, it seems that this time there will be no exceptions. You are right that the period of accumulation of investments should fall on a bear market, and it may be a little late to start buying now, when the price is near ATН. I think that this will bring profit, but there is a possibility that you will not even be able to get x2 from your investments.

You can evaluate it in different ways, on the one hand, this profit can be obtained in a few months, which is quite acceptable, but on the other hand, there are always risks that Bitcoin has already reached its ATН, although I think that the probability of this is very low, but it is present.