My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,
Hope this is the best time for me to buy bitcoin?
If you do not have the right idea of investing in Bitcoin, then this is not the best time for you. There are several reasons such as: stable income, investment time limit, emergency fund, etc.
If you do not have a stable income, then you will be out of investment within a few days. Because you will invest for a long time, you will be able to take profit from here after a certain time. If you do not have a stable income, you will not be able to deposit Bitcoin. First of all, you have to find a source of a stable income.
In terms of investment, always try to keep the investment time limit to 3-5 circles. This reduces the risk of losing your money to a great extent.
Emergency fund is very important. When you invest for the long term, you also need to create an emergency fund. Because in case of unexpected financial disasters, the emergency fund will be your shield. Try to keep 3 times your stable income in an emergency fund.
Anytime is the best time to deposit Bitcoin. Because Bitcoin's target is very big. You can deposit Bitcoin at any time by adopting the DCA method.