Crypto market has hit a bottom? Bitcoin price indications. When does the crypto bull market return? Crypto investing fundamentals. - cryptocurrency investing
1. Can the Bitcoin Price Go Lower?
Leverage allows you to borrow money to trade. And leverage can only be done on sophisticated centralized exchanges. The point here is that there is a limit to their liquidity. Not all bitcoins are on centralized exchanges. Yes, the bitcoin price can go lower. But I don't think it can go significantly lower than it already has, even if more exchanges fail.Every time is a good time to buy. There is no bad time to buy. There is only a wrong how. In crypto, it is not about when you buy, it is about how you buy. Find out more from my crypto book.
Get yourself a cold wallet where the majority of your holdings will be. Only move to a centralized exchange what you want to actively trade. And from experience, I would say that you should not actively trade unless you are a professional trader. If you seek to know when the crypto bull will return, you are already in a mental position to make mistakes or lose money. Crypto is still the wild wild west. Trying to time the market will end in tears.
Join groups of smart people with similar interests as you. Good ideas do come from conversations like that.
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