Quote from: Nwada001 on March 20, 2024, 03:17:12 PM

Quote from: R1dwanRz on March 20, 2024, 03:02:50 PM

I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.

Every time is the right time to buy bitcoin, as long as you have the money you want to use, and the purpose of buying will play a major role in deciding if you are to buy or not. So you should not debate if you are to buy or not unless you have plans of not holding for long and are in search of quick profit.

Every little dip in Bitcoin price presents a new buying opportunity for those who want to dive into the market. You don't need to wait for it to get dipper before you can buy because you might never see it at that expect downward price as of the time you want it instead it might make a reverse and the market will start going up.

This your statement about every time is the right time to buy a bitcoin for me it’s also true for as far you have the capital to buy and to hold a bitcoin you will make your your profit.you can only loose in bitcoin holding when you sell your hold. So when you hold a coin as bitcoin with high values definitely when a long run you see your dividends in it rise.
Holding Bitcoin is its potential as a hedge against inflation and economic instability. Unlike traditional fiat currencies, which can be affected by factors such as government policies or central bank decisions, Bitcoin operates on a decentralized network and has a finite supply, capped at 21 million coins market supply not like other coins which is not static in it supply .This scarcity can potentially protect against currency devaluation caused by inflation in the crypto market space .

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