Download Is It Right Time To Buy Bitcoin Today Background. Bitcoin is boring now—which means it's the perfect time to buy. Or maybe some influential guy may say bitcoin is stupid, and you'll lose all your money.
As a bitcoin trader, knowing the opinion of others in the market might be a great way to decide the right time to buy too. And pessimism on the part of many buyers may trick you into selling when you should actually be buying. This recommendation is to do with microstrategy that yesterday announced another massive bitcoin purchase after spending almost $500 million to add more of the flagship crypto to its balance sheet.
Instead of trying to time your purchase perfectly, simply purchase it if you feel it will continue to go up.
Bitcoin is a new kind of money that can be sent from one person to another without the need for a trusted third party such as a bank or other financial institution; Instead of trying to time your purchase perfectly, simply purchase it if you feel it will continue to go up. These services do usually require you to verify your identity, which can take up to a few days. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.