Re: My advice on investing in Bitcoin

Is it right time to invest in Bitcoin?

-snip-

Mate, read the handwriting on the wall, there's no specific time that could be said to be a right time. Wake up from the nightmare and invest now what you can afford to risk and make for a long term hodling plan with your portfolio. If you can DYOR properly you will discover that the future of bitcoin is far reaching than what we are seeing today.

Simply put - buy the dip, buy Bitcoin consistently, hodl, await the green Moon by the end of it all, and be happy on this New Year.
Wink

Yea buying the dip sounds great but today there with where bitcoin price currently stands some persons wouldn't still accept 90k price mark as a dip, they would probably be anticipating a more price fall. Same thing with those that had the opportunity to buy early January this year when the price was around 40k,+ some persons were waiting for a dip but while they wait bitcoin made a fresh high of 73k and today it has crossed the 100k mark.

A lot of persons that waited for the dip had to miss this opportunity of making much profit if they had bought at 40k+ at the beginning of the year because they were waiting for the dip whereas bitcoin was making new highs. In essence, by my experience, waiting on the dip buying can make you miss making profit that could have been made if you had bought at the point you met price.