Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?
Very simple, you just wait for the price of Bitcoin stable or reduce prices. At that time you should hoard it and wait. I assure you that after a period of time, its price will rise sharply, and you will have high monthly returns.
Can you tell the reason make you sure the price and future of Bit[Suspicious link removed]d as your said? Because until today, I do not see Bitcoin get accept from United States or United Kingdom or China (3 countries I think strongest on the world). Only Japan accept Bitcoin is legal and the volume trading from Japan really not high as my hope.
I think holding bitcoin for the long-run is best. Before you say that you disagree, keep in mind that bitcoin has been surging since around 2010. About 7 years now. I am a crypto economist and I think we have at least 3-7 years of it continuing to rise unless there are regulation issues that cause some to panic (then it may fall and who knows probably surge the more you try to kill bitcoin) at least based off current 7+ year trends!
https://bennn.io/AR/charts/BTC-Alert.pngI think this current dip from Sept 2nd - present will only last until Sept 6th or 7th based on a similar pattern I noticed. Either way I can't foresee it falling below $3900 - $5200 USD from September 2017 - December 2017. By June 2018 it can easily be in the $7400's USD, based on the current trends!
However, if you live in America, then you never know which day they are going to either take your coins and freeze them and make you turn on your webcam and who knows what on American exchanges versus the Americans might end up lucking out, but still might want to look for NON-AMERICAN EXCHANGES to play it safe.
You can view some of my Bitcoin Trend Analysis on the future (only based on current trends though not civil wars) at my crypto economics URL below:
https://bennn.io/AR/economics-night.htmlor you can monitor my top picks here:
https://bennn.io/AR/krypt0-k0mp4r3-d4shb04rd.htmlHowever, it all depends on who starts the civil war first and how poor people are willing to get before starting the civil war.