At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
Invest on what you can afford to lose as always because this had always been like this whenever we do caught ourselves on this particular condition which its really hard to make out some decisions basing on the market movement today on which you would really be hesitating on doing such action because you dont know on what would be next this is why risk taking would really
be crucial on these moments because its whether you do accept it or would just wait until t he market settles and this is something wont really be easy.
The on going correction phase would cause a little destruction for some short term traders but for most of us who are investing bitcoin for long term, i think we are already used to this. After all, we will not sell if the peak price is not reached yet, and we won't be selling at its low prices too.
However, the current situation makes the market more unpredictable because we don't have any hints either the market will continue to be bullish or bearish in the next few days. But as long as we are patient enough to wait for the right time to make profits, then even how slow the market moves, it won't be a big deal for us, unless you are longing for quick profits, it won't really be possible this time.
