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.
If you are really that trying to catch with this upcoming bull run for this cycle then you can make out at least 2x if ever the price will be hitting up 200k on this cycle but as we do all know that there's no assurance that we will really be able to hit up that price considering that most speculation is really that playing around $150k or something that in that range on which this one isnt really that bad either. Somehow when it comes to speculations then sky is the limit and on since this is a speculative market then you could really be able to expect that there are tons of people who been expecting something more. If you do have tha 1-2 Sell time period then i would consider out on holding up my funds anf wait up for that peak bear market and make up such entry but that would really be taking up some time considering that we are still on this bull run year. If you can take up some risks then you can enter now and make purchase and sell out on bull run peak, but thats if you do able to know on whats the peak yet no one really knows about it and this is why we are really that having that kind of hindrance in speaking about entry and exits when it comes to price due to unpredictability and total random thing. Invest on what you can afford to lose so that whenever the price made out some correction then you wont be finding yourself that panicking about on whats happening.