Cryptocurrency: When Is the Right Time to Buy?
Cryptocurrency prices have been crashing over the past few weeks. The price of Bitcoin (CRYPTO: BTC) is down 50% since its peak in mid-April. Ethereum (CRYPTO: ETH) has fallen by nearly 55% since the middle of May, and Dogecoin (CRYPTO: DOGE) is down a whopping 73% from its peak in early May.
While falling prices can be cause for concern among investors, they can also make for great buying opportunities. This is especially true for higher-priced investments, and buying during a downturn can make them more affordable.
With the crypto market crashing, it may seem like a smart time to buy. But should you really invest now? Here's what you need to know.
Source Fool.com
