The Bitcoin and Altcoin bloodbath of the past few days has ripped the courses in depth. The BTC price has fallen below the $ 8,000 mark, and was partially responsible for panic among investors. Where there is panic, but also may be opportunities. The many people see probably the world’s currently similar. The searches on Google for “Buy the Dip” are shot in the last two days in the height. Is now the right time to buy Bitcoin?
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Buy Bitcoin? The “Buy the Dip” of the search request increases in the case of Google
Bitcoin has experienced in the last few days of relatively heavy losses. Such movements, however, should surprise no one in the crypto Space. On the stock markets is, however, different. Here have been made in the last few days, price increases of recent years, come to naught. The Oil markets experienced the biggest one-day decline in three decades.However, there is one thing that is rising strongly – and this is the number of people searching Google for “Buy the Dip”. To refresh: the “Buy the Dip” is a typical ‘investors’ -tip’, which means the purchase of an asset after a strong price decline. The Problem here is where the actual soil of the course is, we know only in retrospect. Therefore, the danger in this strategy, of course, is always to resort into a falling knife.Due to the uncertainty about the further Price development, the Cost-Averaging is at this point a better strategy. Here you do not need to worry more about the correct time to buy. Have a look at our Bitcoin savings plan:Bitcoin savings plan: there’s Always the question after a good Investment is made strategy for BTC. With the help of the Cost Average effect and minimize you to sleep your risk, can better and benefit long term from the long-term development of Bitcoin and co. – it’s that Simple! As a Bitcoin savings plan works.
Bitcoin needs to assert itself in a crisis yet
Many analysts believe that the worst has not come for the traditional market. Because the Coronavirus keeps a lot of people still breathing. Whole cities are partly still under quarantine. The world is facing a potential economic crisis. Here, the hour is striking, perhaps, of Bitcoin. Whether or not Bitcoin can really brace against the falling markets, however, is still in the stars.Bitcoin is, among other things, the answer to the economic crisis of 2008. But the digital Gold still has no crisis. Therefore, we can only speculate about how the distributed Asset will behave.Trade on the worlds leading Social Trading platform!Join the millions of people who have already discovered how it smarter to invest by copying the best investors in our Community, or be copied and as a result, a second income can be achieved. Start now!
The Halving of the possible bringer of salvation is?
What speaks is currently in progress for a possible increase, Halving the upcoming Bitcoin. This is a regular event, with the rewards of the Miner, and thus the inflation rate is halved, has ensured, until now, always to an increased interest in BTC and rising prices.The Halving is coming. Now the only question is whether it was already priced in or not. There are quite a lot of different opinions. Here you should hold prefer of the big picture before our eyes.The Bitcoin Halving sustainable reduction in the inflation rate of BTC. Thus, less new Bitcoin can be sold on the market. This can lead to excess demand, which results in an increasing rate. If the interest in BTC should decrease, then a rising price in the long term, in the way. Bitcoin is limited and will be available in approximately 4 years ‘harder’ than Gold. The keyword here is Stock-to-Flow and its bullish price forecasts that we already know is.62 % of private CFD accounts lose money. No EU investor protection.How crisis-proof is the Bitcoin really? – BTC can establish itself as a safe haven?Come on in to our Telegram Chat and talk with the experts and the Community!
Subscribe to our News channel to not miss any News.[Image source: Shutterstock]This article does not constitute Investment advice.