I am a student but besides my studies I have tuition and I also help my father in his business. I have been trying to buy Bitcoin continuously for several months. Since I do not have to buy anything for myself with my tuition money, I try to buy Bitcoin with most of my tuition money, but now that the market has gone down a bit, I am thinking of something a little different. Several cows have been sold from my father's cattle farm this year and my father has a good amount of money at the moment. I have thought that if the Bitcoin market falls below $50,000 or a little below that, I will buy Bitcoin with some of the money from selling my father's cows and hold it for a long time. Looking at the market chart, I have understood that there have been several changes in the market before and those who bought Bitcoin during those changes have made good profits later. I have already had some discussions with my father about Bitcoin and investing, and after getting the green signal from him, I am feeling more confident about investing this way.
Hopefully, this new investment experience will be good for me.
There are rumors that $50,000 per BTC is the least minimum amount that Bitcoin is likely to reach during this bear market that we are currently experiencing right now at the moment. And sometimes this prediction might either be true or wrong, whereby we could see Bitcoin fall even below that projected $50k amount that was said for it. However, now is still the best time to invest in Bitcoin if only you know your dad will not be in urgent need of the money you will be selling those cows. Because if you are not sure, it's better you invest only your money and leave Dad's money alone. Because you never can tell, he might just wake up one morning and ask for his money.
