When is the best time to buy Bitcoin, according to investors

In this sense, he warned that the high prices observed in recent months may be the reflection of a new bubble behavior. “People forget that this is not the first bubble. Until people understand its technology, it will continue to be something speculative. "

The reference goes back to the climb that Bitcoin perceived in 2017, when it touched US $ 20,000. However, between that date and the recent records, the value of the asset registered sharp fluctuations, reaching a floor of US $ 3,250 at the end of 2018.

The expert admitted that he does not usually recommend to relatives or to friends investing in Bitcoin, less in a context like the current one. “When nobody wants to touch it, that's when you have to buy. Not when they are talking about it, "he said.

It should be remembered that this Friday the cryptocurrency rose again strongly after the founder of Tesla, Elon Musk, made a simple change in his Twitter account to add the word "#bitcoin" in its short description.

Musk had already pushed up the shares of Polish developer CD Projekt, hit hard in late 2020 after the disappointing launch of the game Cyberpunk 2077.