When to buy cryptocurrency?
Digital currencies are currently one of the most lucrative investment products in the market. They are currently enjoying a remarkable uptrend that has seen several top altcoins hit one record high after another. The most basic investment principle tells you to buy when prices are low and sell when they are high. With this general rule you can never go wrong.
But with market prices of many major currencies consistently rising you might wonder whether this is really the best time to buy. Analysts predict that the current bullish trends will hold true for a while. This is because of the impending institutionalization of some currencies that top the charts.
Many investors often wish they had made their moves six months ago, a year ago or even five years ago. What this means is that for as long as the market is set to continue growing, today is the best day to buy cryptocurrency.