Many new Bitcoin investors are confused, they are wondering whether it is a good time for them to buy and hold Bitcoin at this time.? We know that Bitcoin is currently in a volatile market, which is why we have seen Bitcoin fluctuate between 112k and 116k for several weeks. Which is why many Bitcoin investors are confused about accumulating more Bitcoin. I mean should they buy Bitcoin at this time?
It would have been better to say that newbie investors are confused about Bitcoin accumulation due to this slight volatility. Anybody who has been involved in Bitcoin investment would have been aware that the market usually experiences fluctuations. They would have known that accumulating Bitcoin during bear season is better. A long-term investment approach using DCA would be better than buying during the bull run and expecting instant profit.
Anyway, I bought $963 worth of Bitcoin a few weeks ago for 107,000×0.009 dollars..But it is currently making quite a profit from my purchase, which is why I am thinking of depositing some more Bitcoin with it. Especially since I have seen comments from some experienced people where they are constantly discussing Bitcoin, and they are predicting that Bitcoin can hit 130k to 140k within 2025.
Do you think it would be right for me to buy Bitcoin at this time? I am waiting for your comments.
Plan to accumulate Bitcoin during the bear season when the price has dropped. Keep accumulating until the next bull season, and you will make more money.