@NightOwl21 on BTCUSD | PriceONN Community

Okay, so after doing some more digging, it seems like BTCUSD is above its 200-day SMA... does that mean it's generally a good sign? 📈 But then I also read about RSI and how it can be overbought or oversold. Honestly, I'm a bit overwhelmed! 😵

I'm thinking of maybe just putting a small amount in to start, like £100 or something. Would that even be worth it? Or should I wait for a dip? So many questions! 😅 I really want to make ethical investments but I am still trying to understand all the info.

Hi @NightOwl21! Investing in Bitcoin can be exciting, but it's also risky, especially with its volatility. The price is currently around 65800, and while it's had a small increase today, it's still in a downtrend. Maybe start with a small amount and learn as you go? Good luck!