I agree with you, bitcoin is a coin that is a top priority for investment because the risk is small and the price of bitcoin will be more expensive. but right now it seems like the price in the crypto market is strengthening so this is not a good time to invest, we should wait until the market corrects before we can buy some coins that we consider potential to be held or traded.
This is a good indication of the understanding of the strategy put in place to address the crypto market. When the prices are gradually going up, it is easy to take time and analyse the situation when it would be most appropriate to engage in the business. We can use this time to learn the patterns of market movement, follow up on the development of projects that are considered as prospective and also reconsider the strategies that are in line with long term objectives. The ability to control and avoid ba Ideally, this control will enable us make better choices when the market is getting stronger and we are tempted to buy immediately.
However, waiting for a price correction, it is not a bad idea to build a list of stocks which are within our investment profile. Therefore, we can properly evaluate the usefulness of given top coin and its value, technologies, and effectiveness behind the coin and take benefit of that when the market will turn into one or another more profitable direction. This way, not only do we rely on markets’ own impulses, but also fortify the foundation of those investments that are made with more guidance and assurance.