I want to know what is the right time to invest in Bitcoin. Will it benefit in short term or in long term hold?

The demand for bitcoin is increasing. Bitcoin has become the foremost way of investment not only for the business owners but also for the job seekers. As per the recent study, almost 30% of Millennials would prefer having a thousand dollars worth of Bitcoin than stocks or bonds.
For the First-Time Investors, it would be a little bit better if they start off with the downside. Bitcoin is much less risky than other cryptocurrencies. Moreover,  a lot of first-time investors who begin with cryptocurrencies have a very limited perception of risk.  Few months back there really hasn't been that many big draw downs in Bitcoin that haven't been immediately reversed and we don't know maybe that same thing is  gonna happen here as well so a lot of them have profits that outweigh their initial investments in a ratio of ten to one meaning that even if the market saw a decline of 80 percent they still would have performed or outperformed by investing in Bitcoins.