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When to invest and sell BTC?

 


Bitcoin is a popular term in the crypto world. It has been gaining attention since its early days of inception. The dominant cryptocurrency is always known to amaze and surprise the ones who are keen to invest in it. Bitcoin was founded by an anonymous person Satoshi Nakamoto. Its unit called satoshis is derived from its name. 


The globally popular crypto token made a high record with $65K in mid-April but came down to $30K. It even bounced back in crossing the target of $42K but traded at $38K. Doing investment is indeed a risky task, as the above example indicates that Bitcoin is a volatile asset. Despite being aware of this fact, investors do not leave any chance of fetching speedy gains from it. 


In such a complex situation, it is indeed to feel perplexed in deciding which is the right time to invest in bitcoin? If you plan for long-term gains, then buy and hold bitcoin when its price is at a falling state. Remember there is no surety as to when bitcoin will rise or fall further in the next moment of the hour. 


According to experts from the crypto industry, the volatility in the price of the latter crypto coin does not stay for long. Knowing the truth, one should know that making money via a shortcut is not possible. You should be patient and expert in reading the market trends properly. 


Cryptoknowmics

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