Hello, I have been wanted to buy Bitcoin for some time now and I have been looking into Bitcoin.
I want to invest some of the money I’ve got from a real estate liquidation, about 50-100k $. I am not looking for a big profit, but want to secure the value. I definitely plan to hold the Bitcoin for a few years, at least 1-2. A sudden drop in the price of Bitcoin would not scare me.
I originally wanted to buy Bitcoin at a price when Bitcoin was at $60k, but I got my money later than I thought.
When I'm paying attention to the news I hear a lot. Many voices claim Bitcoin will moon and skyrocket to new all time highs in 2025, they talk about 200k or 300k $ per Bitcoin. Others are talking about a crash to 60k $ or even lower, from which Bitcoin will start to recover. The scheme from 2020 to 2022.
Of course I want to get a good entry price and that's why I'm asking you, people who have seen and experienced a lot when it comes to Bitcoin.
I will store the Bitcoin on a cold wallet, I have already thought about it.
You know if you look at other people's prediction about bitcoin definitely you will end up investing in bitcoin at the wrong time when the price is still more higher than it is right now, so I think the best decision is the one you give to yourself if you want to invest in bitcoin now I think the choice is yours, if you're also waiting for the price to be corrected before you invest the choice still remains yours. but for me I will advice you to invest since you're not expecting a huge profit, if you invest now and hold on to it till 1 to 2 years unlike as you said earlier. I'm pretty sure you can make some profit, considering the current price of bitcoin right now if you think is risky for you to invest with such amount of money, you can use DCA method is also going to help you since is your first time of being in this crypto space.