facebookWhat are your thoughts on Bitcoin now since Bitcoin just passed $28,000? Is it a good time to buy in or to wait for it to drop? - Seedly

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Anonymous

31 Dec 2020

βˆ™

Cryptocurrency

What are your thoughts on Bitcoin now since Bitcoin just passed $28,000? Is it a good time to buy in or to wait for it to drop?

Bitcoin is crashing -- upward. It just passed $28,000 and shows no signs of stopping.

Discussion (4)

What are your thoughts?

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I would wait for a pullback as bitcoin often have a sharp pullback after a bull run, especially the psychological effect it has on investors when btc hit 30k some may start taking profits.

Shawn Lee

31 Dec 2020

Bachelor of Accountancy at Singapore Management University

Hello Anon, I'm personally invested into BTC. BTC, as per any digital asset is extremely volatile, and I would not recommend you put in more money than you can afford to lose. Personally, I would say now is the best time to buy, as it is impossible to time the market.

Just dca, very hard to catch the bottom....

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