There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Anytime Bitcoin is worthy for purchase especially for those interested in holding Bitcoin for the long term. At the moment Bitcoin is standing at $63k and there is a big chance for its price to increase in the next few days. If you are novice then you should know about Bitcoin at this point. Once you have a basic knowledge of Bitcoin, you will have a better idea when you should invest according to the market condition. But before investing, the risk must be kept in mind. Those who are ready to take the risk and interested in investing in Bitcoin can benefit the most. If you are an experienced trader you may profit temporarily but I give priority to long term planning when it comes to trading in Bitcoin.
Before deciding to buy or not, it would be better to deepen our knowledge of bitcoin, after we feel we understand it enough, the next step is to plan well. This planning includes several parts, one of which is risk considerations, financial management to our mentality in investing.
I think at first we will experience a bad mentality, because that is the first time we hold bitcoin, so experience will also speak here. While in experience, we will only get it after we enter this bitcoin investment.