This is why it is too late to buy Bitcoin

[deucher]

It is already the end of 2023 and the New Year holidays will soon begin, which means that the price can be very unstable and this is one of the reasons why you should not buy it. also, in my opinion, a correction to the price of 20,000 is impossible, a maximum of 35,000 is possible, and then you can consider a small purchase. Therefore, it is better to miss this growth than to buy at a high price and then bitcoin may unexpectedly fall and you will wait more than a year for it to recover

 

[Riberet19]

And why wouldn't it be possible for it to fall even to 20000$? I want to know, who would have thought that when we were at $69,000 the price in a year would fall to $16,000? We seem to forget the history very quickly.

 

[Nomad]

When I knew Bitcoin, it was $400, there was a time when I had almost 1 BTC when the price was $900. However, I did not start investing in Bitcoin until it was above $20K. I missed the chance. However, I also believe that it is never too take to start investing in bitcoin.

 

[Riberet19]

I think it's never too late to invest in Bitcoin if you know the fundamentals of it, plus Bitcoin could fall back to low price levels as it happens in all cycles, I think this one could be the same since now many funds are controlled by asset managers like Blackrock who could make the price fall with massive sell-offs.