Hey guys.
Newbie to the forum here... :3
I've been wanting to invest in Bitcoin since the 3k$ mark. But I just haven't had the time, yes I know it was a big mistake waiting...
But I have about 4000$ to invest into Bitcoin (It's currently sitting with shares, will take a few days to pull out), I was wondering is it too late to invest it? Will it still grow? Will we see a big drop/crash soon?
My shares barely profit, if I make a few $$,$$$'s from Bitcoin, I would be more than happy since it would be doing better than my shares my advisor put me on.
I'm happy with Bitcoin, alt coins are too unstable for me in my opinion, and they have a much higher risk than Bitcoin.
Is it too late to invest?
TBH, you're a tad late. But right now the rally isnn't over yet and if you enter now there is absolutely no reason that bitcoin can't go to $30k or more by the end of next year. But it definitely won't be as big as this year imo.
You just need to be super careful as at this point in time, the price is quite fragile and you need to time your exit right.
Bitcoin can go down, it just hasn't gone down for like half a year now in any major fashion. Anyone telling you to blindly invest is stupid. But i do believe that there is still money to be made.