But the price of a btc at the moment is $59500. I wanted to ask you all for suggestions here. Should I purchase some btc now or should I wait for the price to drop? I want to hold for cycles of 1-2 weeks at a time.
Will btc go up from what it is at the moment in the next 1-2 weeks? If yes, what price would it be (just make a guess/prediction) by the end of the week/2 weeks?
If we would know whether bitcoin will go up or down the next week wouldn't we wall would have been rich by now ?
I know that you are here just for the sake of reaping profits but blindly asking a question whether bitcoin will go up or down will do you no good.
You should consider learning what bitcoin is about and why are people investing in bitcoin. You won't be asking such questions again if you will know what bitcoin is about.
Most importantly, if you are here just for the sake of earning profits through trading then consider learning how to trade and practice it on regular basis.
Do not depend on opinions about others and start cultivate a learning habit on your own. This will help you a lot in the long run.