Bitcoin (BTC) Although it starts to recover after the harsh decreases, investors are still cautious.
While I was wondering if the ascension will continue, T. Rowe Price Global Portfolio Manager Dominic Rizzo said that the current levels were a really good time to buy Bitcoin.
Speaking at a stock market conference in Las Vegas, Rizzo said Bitcoin has created a price range similar to the recent mining costs and therefore a good time to buy BTC.
Rizzo, who compared the price of Bitcoin to an commodity and explained the points that investors should consider while investing, said:
“Bitcoin himself was very close to the average cost of mining.
So if you think of BTC as a traditional commodity, it is actually a really good time to be exposed when the price is close to mining costs.
Because in traditional commodities, when the mining cost price is close to the price, this means that the price of the commodity may have reached the bottom and the decline will be limited. ”
Dominic Rizzo finally every investor except Bitcoin Coinbase (COIN) veya Robinhood (HOOD) He said it would be useful for crypto money -oriented companies to keep their shares.
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/bitcoin-btc-satin-almak-icin-dogru-zaman-ne-zaman-1-trilyon-dolari-yoneten-isim-acikladi/
