I'm trying to figure out a right time to buy some more bitcoin. I'm having trouble deciding.
Would you buy right now (price over 7K USD) or wait to see if you can get it much cheaper?
If i'm in your shoes i'll wait a little longer and hold my fiat for now because the price of bitcoin could still decline down to $5,000 next week that's my speculation. Earlier it's at above $7,000 on preev now its looking to go $6,900.
But now, It's now or never. Bitcoin will not drop lower than this. All the FUD is over now, bitcoin has dropped and now it will rise again. G20 regulations will be mild, so nothing to worry about. Bitcoin could reach 50K this year.
We can't be sure about anything. Bitcoin could still drop, most of us don't want to see the price go down but we are still heading in that direction and it's not stopping.
Don't be greedy, buy now, 7k is a good price.
No one can predict what the price is gonna be tomorrow.
Or you can use the same strategy as most traders which is buying a little amount each day, this way you will be sure to buy at the lowest price.
It's not that OP wants to be greedy what if I bought bitcoin now and the price went down to $6,000 after several hours. Do you think i'm still greedy after that?