"Bitcoin volatility widening… could be a buying opportunity"

Source
Minseung Kang

Summary

  • The period of increased volatility in Bitcoin could be a time to buy.
  • Andrei Grachev, managing partner at DWF Labs, said now is suitable for additional buying of Bitcoin, and selling is not appropriate.
  • Grachev emphasized the importance of DYOR (Do Your Own Research) regarding investment decisions.
Photo = Shutterstock
Photo = Shutterstock

As short-term volatility in Bitcoin (BTC) widens, some say this phase could be a time to buy.

On the 14th, Andrei Grachev, managing partner at DWF Labs, said on X (formerly Twitter), "The current movement is normal volatility for Bitcoin." He added, "Now is a good time to buy more, and not appropriate to sell."

He also emphasized "DYOR (Do Your Own Research)", saying that investment decisions should be verified by each individual.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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