You’ve done your homework, set up a wallet, and decided to make Bitcoin a part of your investment portfolio. Now, the only question is when to buy Bitcoin . With cryptocurrency prices still experiencing historic levels of volatility, it can be difficult to choose an entry point. After all, there are still heaps of folks who succumbed to the FOMO – fear of missing out – in December and saw prices fall more than 70 percent just two months later.
We’re going to limit our discussion here to Bitcoin, the largest, oldest, and arguably most stable of the available cryptocurrencies, but these general tips can apply to almost any coin. The key takeaways are understanding the basics of technical analysis, reading market sentiment, and choosing an appropriate investment level.Read More