Quote from: 2Pizza410000BTC on December 27, 2024, 12:02:52 AM

Quote from: Vishnum38416 on December 26, 2024, 09:27:30 PM

Is it right time to invest in Bitcoin?

We can see that the Bitcoin market was at a high of $108,000 and from there it is currently at $95,000. We can see that even though Bitcoin is at $95,000, the market is still very high. Moreover, if we believe the predictions made by various big companies and various influential people, it is still the right time to invest in Bitcoin because they say that the market has the potential to create a new ATH by 2025. So if you think the market is too high right now, you can wait or continue investing using the DCA method. If you use the DCA method, you will not have to suffer from market volatility.

Honestly there is point encouraging anyone that intend to buy and hold Bitcoin for long term to utilize the waiting strategy before accumulating Bitcoin, if any one feels Bitcoin price is high now, there is no certainty that it could go down to your expected dip, hence using the DCA is always advisable since it allows investors to make investment decisions regardless of the price points with as little or more they can afford, even though nothing is guarantee, Bitcoin has proven to have a good potential of appreciating in value and price, take care of your basic needs and invest from your discretionary income and hold for as long as necessary, 4 to 10 years or more.