After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
The volatility of bitcoin makes it harder to determine when to buy but if ever there's a large dilemma like when China banned bitcoin on their country, you should not wast time and oppurtunity and buy right away while the value is being dumped. As bitcoin recovers, you will surely see how it will benefit you when you bought it at a low price and benefit on high price.
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May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?
