It still depends on why he wants to invest in it. People who believe in the «technology» behind it does not care if the price goes up or down a couple grand since they are expecting bitcoin to go to several millions. I get that you should always be buying bitcoin «low» but there is almost no way...
I can tell that you do not have alot of experience with crypto (not that i have that either) you are saying '' if you buy when it’s high then it can only go down in value'' that is completely false, yes buying bitcoin ''low'' is good but it still depends on why you are investing in it. Btw to...
There is not really a right time to buy bitcoin. if you believe it has a chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. If you want to trade it to make quick profit i would recommend reading and watching some youtube videos about it...
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