1 btc is too expensive
But is it the right time to buy bitcoin?
The answer is the same as it is for stocks. Yes, it is always the right time to buy stocks. If the world appears to be ending, it is the right time; if stocks seem to be in a bubble, it is the right time to buy stocks. If the market is mind-numbingly dull, it is still the right time to buy stocks.
This doesn’t seem possible, but that in itself is a clue that it is the right thing to do because you can be assured that like a carcass on the jungle floor, any obvious source of profit has already been swept up by hungry predators.