"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.

Minseung Kang

Minseung Kang

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