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I have read many articles on the Internet about the benefits of investing in Bitcoin, and I wanted to know your opinion on this matter because I am not so convinced anymore.
I know that last year Bitcoin was one of the best investments an investor could make but lately I have the feeling it will come to an end. What do you think? Is now a good time to invest in Bitcoin?
Cheers
6 Answers
Investing into bitcoin is the best decision I've ever made. It was around $6,000 a week ago and now it is around $11,000. I have made tons of profits.
In my opinion you should not invest in bitcoin now. I have heard that it will not recover from its recent fall.
As far as I know, it is not too late to buy Bitcoins even at these prices over $5500. I think 2018 will be yet another year for Bitcoin.
No one can predict if it will keep rising or fall. Unless you can travel in time, there is no way to know for sure. This is why it is as much speculation as investment. To me, the real question is : how much risk are you willing to take?
Bitcoin and other cryptocurrencies are so new that everybody is about it but we don’t know what it’ll be like next week or next year. Right now, given it’s value, it seems that yes it is a good investment but it is impossible to tell you if it is too late or not. I might go on for years or stop in 2 weeks...That’s the point of it.
I think I’m gonna start with a small amount and see where it takes me. I don’t have the resources to mine it anyway...
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