Buying Bitcoin on the Dip? 3 Things the Smartest Investors Know About Crypto
The risk-off sentiment from investors in recent months has hammered the stock market. But the market for cryptocurrencies has been crushed harder. After peaking at nearly $3 trillion in November 2021, the total market value of digital assets is $900 billion as of this writing.
Nowhere else is this pessimism more evident than with Bitcoin (CRYPTO: BTC). The world's most valuable cryptocurrency, viewed by many as the bellwether of the entire industry, has cratered 67% over the past seven months.
Is now a good time to buy Bitcoin on the dip? Here's what the smartest investors know.
Source Fool.com
