study the cycle... I entered 2022 when it started to fall and I didn't stop... I didn't get discouraged, I didn't sell and I kept buying... now I'm at 200% profit... maybe I'll realize a part of it...
pedrosaraivasa03
--
DOES IT MAKE SENSE TO BUY BTC NOW??!!
Good afternoon everyone. I have a beginner's question, but it would change my "thinking" a lot from now on if it were answered.
I'm 20 years old and I've been interested in this market and crypto for a long time. Last month I decided to invest in this area consistently after the recent appreciation of BTC and understanding that in the coming years this currency tends to reach much higher levels.
I currently have BTC, SOL in my portfolio and I'm going to buy ETH, I'll continue buying for a few years and I intend to hold them all.
I intend to buy 70% in BTC and 15% for the others every month based on my contribution.
Now that I've summarized the situation a little, watching some videos on the subject analyzing the BTC chart over the last 5 years, I noticed that after any boom in BTC, be it a halving or some global change, the value always tends to decrease after 3 to 4 months and stabilizes in a certain way.
Last month I bought BTC at a market value of 92K dollars, and it is currently at almost 99K.
That said, does it make sense for me to continue investing my reais and convert them to USDT but not buy currency until the price of BTC drops or is it just going to keep going up?
This is really a layman's question but I believe it will help me understand the market.
Remember that I have no intention of trading or anything, just buying. I just want to understand this so I know if I should buy right away or if it is worth holding on to it, given my objective.
#Bitcoin❗ #BTC🔥🔥🔥🔥🔥
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.