Investing money on bitcoin is one of the trending topic here in our forum and i think it is a good practice to find investment like bitcoin because this has a big potential that after a few years it will pump again like what just happened last month. IMO, Bitcoin can be the answer for those people who are finding answer on how to get money fast because bitcoin is volatile then they can easy make profit by doing trading.
Well, look at the current price, makes many people think to immediately invest the money they have in the form of bitcoin. Besides, very many people who think that the price of bitcoin will be higher than at present, so it probably will be a long-term investment that is very helpful.
I have found out that many people tend to repeat that it doesnt matter on what price you will bitcoin.
They say, even if you spend 13000$ for 10 btc you will get an insane return in few years because bitcoin
surely will be very expensive.
It doesnt matter at all: every smary trader (short-term or long-term) will look for the best possible entry price, no matter what happens on the market.
That is why you need to analyze the year chart of BTC/USD if you want to buy them as a longterm investment.
Break of the bubble (more than once) should make people aware, but it looks like that didnt change a lot im the mentality of crypto newbies. Take a look at chart, ad make some conclusions.