No doubt you can invest anytime if you have the will to invest. But investing in Bitcoin and investing in Altcoins is possible with a specific plan. Because how long you hold will depend on your willingness to invest. But long-term holders should invest anytime, and short-term holders wait to buy dips.
Anytime you invest in Bitcoin and hold it for the long term, you can definitely profit. But if you invest in some altcoins at high prices, your chances of profit will be very low. Holding Bitcoin for a long time will definitely make a profit. But holding altcoins for a long time can lead to losses instead of profits. Now in 2021 when Bitcoin price was $69k, those who invested and held for a long time were able to recover. There are some altcoins in the market that have not yet recovered. So one can invest in Bitcoin at any time but should not invest in Altcoins at any time.
In overall, you should really always take up that consideration in speaking about risks management so that you wont really be finding yourself getting frustrated or disappointed on the time or moment that the
market would really be going into the opposite side on where you are expecting for it to be that to go into. Right time for investment? This would really be particularly talking about those good entries on cheaper prices
but of course it would really be that basing into the projects on which we know that it would really be having that potential and not really just that trying to get involved with those meme coins or shit projects out there.
Choosing up would really be the most challenging thing on the moment that you do invest on crypto space. You would really be having a hard time on which one you would be choosing up.
You would really be always needing up to consider that risks management thing because if you dont then you would might be ending up on doing bad decisions just because you hadnt set out any
limits or whatever rules that you do need to follow on the moment that you would be investing. Right time is something that we do want or need but pointing it out specifically
would really be that so damn hard specially if you are really that dealing with a volatile and unpredictable space then it would really be that so challenging into this aspect.
