Is buying BTC right now at an all time high a bad idea
Is buying BTC right now at an all time high a bad idea
Sorry if this is a stupid question I am only new to this. I’ve been trying to get into crypto but it has all been abit confusing and stressful for me. I was just wondering whetter it be a good or bad ideas to buy BTC right now at an all time high. I am looking for a long term investment and was just looking to add a couple of hundred bucks into a coin and add some off my pay check every week into it.
adrian ondachchi Answered question December 9, 2024
My BTC cost basis from the last peak was about $55k. I brought the average down through the bear market but after a few years of pain, I’m way up now. If you can stomach a potential large drop but have a longer investment horizon then BTC is a great option.
Kasun Premathilake Answered question December 9, 2024