Hello guys,
Is it the right time to invest in Bitcoin?
Everytime is a right time to invest in Bitcoin since Bitcoin is volatile in nature and will keep on surging higher as time goes on. You don not need to be afraid of when to invest. Although it depends on your investment timeline, if you have Short timeline, you may buy during bear season and sell on bull run. But if you don't care about short term and have the mindset of long term then you have to buy continuously weekly or monthly till you meet you desireed amount of Bitcoin in the specific period of time been.
All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
Cryptocurrency are just digitalal currency that runs on a decentralized chain or network, moving from wallet to wallet they are stable and non stable, the unstable cryptocurrency are volatile while the stable cryptocurrency like USDT are stable as the name implies this means it price doesn't changes. There could be ways to explain about the whole concept of cryptocurrency but this is all I can say for now. You can make more research or after navigating the forum you will understand more better.