I think that if you have the opportunity to keep your investments for a long time, you can buy bitcoins right now and forget about them for 2-3 years. However, right now there is a possibility that the price will break support at 8250 and continue falling to 7600. Therefore, I will consider buying in the area of 7600 or above 9100.

I trade during such a deep correction, if only if there is a fundamental confirmation (positive news, insider) that the price of any altcoin may begin to rise. At the same time, I must adhere to the principles of risk management and diversification.

If you have the opportunity to keep your investments for a long time, you can buy bitcoins right now and forget about them for 2-3 years. However, right now there is a possibility that the price will break support at 8250 and continue falling to 7600. Therefore, I will consider buying in the area of 7600 or above 9100.

The price of Bitcoin rebounded from strong support at $ 8250. I think if the price reaches 9100 and consolidates above it, then a new growth to 12000 will start from these levels. If the price breaks the last local minimum, it can reach 7600. Also in my opinion bitcoin can update records of maximum price till the end of this year.

Only thanks to patience we get an excellent profit! On the cryptocurrency market, only those who invest in a long-term perspective win. That's why just hold your assets and enjoy your profit later. Especially if you don't have any experience in trading, do not panic and be patient.

This is natural that we have such fluctuations and corrections. Now we can see the end of correction and start of uptrend (recovery). If the price will go above $ 10,5 K, then we will see new records of bitcoin maximum prices. We should to deal with such situations as an additional opportunity to buy cryptocurrencies at cheap prices and earn on it.

I think such situations leave only persistent traders who learn to leave long positions in time or wait for such falls in the right assets. And especially experienced people squeeze out of such situations the maximum benefit for themselves. Without such falls, it would be difficult to earn.

From the point of view of technical analysis, this is a simple correction, which is natural for any market. From a fundamental point of view (IMHO), according to the schedule, this sharp decline in prices is the result of manipulation of large holders of Bitcoins.

The price of Bitcoin rebounded from strong support at $ 8250. If the price reaches 9100 and consolidates above it, then a new growth to 12000 will start from these levels. If the price breaks the last local minimum, it can reach 7600.

This is natural that we have such fluctuations and corrections. From the point of global overview now we can see the end of correction and start of uptrend (recovery). I think that if the price goes above $ 10,5 K, then we will see new records of bitcoin maximum prices. That's why now we can buy some bitcoins and can buy hard just after that level of price.

Of course Bitcoin is the best choice for a long term investment. That's why we should just hold out bitcoins now. And no doubt that it will growth ten times minimum from this levels of price. But now we see simple correction. We should just wait for the end of it.

Of course you are not late. There is no any right time to buy or sell bitcoin. But you can buy bitcoin now and just forget about this for several years and get nice profit. However I think it is better to wait and buy Bitcoin under 8,5K$ or above 10,5K$.

Patience is a main weapon of trader.  Only thanks to patience we get an excellent profit! On the cryptocurrency market, only those who invest in a long-term perspective win. That's why I prefer hold my assets and enjoy with profit later. And no doubt that Bitcoin will growth ten times minimum from this levels of price.

Now if you have free money and can afford yourself invest them in long-term conditions, the best way will be to invest them in bitcoin and forget about it for 3-4years. I absolutely sure that you will wake up as a millionaire in one nice morning.

I think in the near future all will depend on the situatioon around regulation cryptocurrencies market. Now personally I prefer to wait for the decision of senior SEC and CFTC officials, who will discuss whether or not Ethereum is a security on 7th of May. I think this will affect to the price of Bitcoin.
https://www.finder.com.au/ethereum-almost-zero-chance-of-the-sec-declaring-it-a-security
But if price exceeds $ 10.5 K and finally breaks the downtrend line, I will buy bitcoin despite all the above.

I think if Bitcoin price crosses $ 10.5 K and if is is able to stay above this level then in the socnd half of this year we will see new Bitcoin records. Also whole market will recover. I think that at the same time, attempts by governments to regulate the cryptocurrencies market will strongly affect the volatility of the entire market. Therefore, stick to the risk management.

I think it is better to deversify investments and risks. For exapmle you can invest 40% in Bitcoin, 40% in real estate and 20 save in cash. Of course Bitcoin is more profitable asset, but real estate can supply with stable profit and it is real and near you. Nobody can say you what will happen tomorrow. That's why you should manage your risks. This kind of strategy provide you financial stability. It is up yo you what to chose.

I think all will depend on the situatioon around regulation cryptocurrencies market. Now personally I prefer to wait for the decision of senior SEC and CFTC officials, who will discuss whether or not Ethereum is a security on 7th of May. I think this will affect to the price of Bitcoin.
https://www.finder.com.au/ethereum-almost-zero-chance-of-the-sec-declaring-it-a-security

Actually there is no any universal concept of right investment strategy. Every trader or investor makes his own strategy, which meets his requirements of money and risk management. Personally I always diversifymy investments in proportion like Bitocin up to 40%, Ethereum - 25% and other money invested among 4-5 altcoins from top 100 of CMC.

This is natural that we have such fluctuations and corrections. Now we can see the end of correction and start of uptrend (recovery). If the price will go above $ 10,5 K, then we will see new records of bitcoin maximum prices.