Re: When Should I Invest in Bitcoin? What is the right time? Quote:
Originally Posted by cryptoc
(Post 938604)
I want to know what is the right time to invest in Bitcoin. Will it benefit in short term or in the long-term hold? | The best time to invest in anything is when the asset isn't overpriced.
The issue with bitcoin is, it's not been around long enough, nor has it really ever stabilised in value. So its very difficult to predict whether or not the current value is overvalued or not.
Example - it could dip in value tomorrow, or spike. You'll probably kick yourself either way.
So to answer your question, long term hold is best way to go. That way should it dip, there is a potential for recovery. |