But now I want YOUR opinion on this: each time the bitcoin price has gone up, it has increased 10-12 times (not more). The present price of the bitcoin is near this limit. Last time it increased up to 1100 USD (at the end of 2013), now we can expect that it will increase up to 10000-12000 USD.
The market indicators that I am reading tell me that IT IS POSSIBLE that the price of bitcoin will increase up to 50k-100k, in 2 years from now.
So I ask you, what is your educated trader opinion on this: will the bitcoin price go down after 10k-12k and will follow another bubble in 2 years, or will the price of bitcoin continue to rise past 12k steadily.
This is a tricky decisition to make, if I invest my November earnings in Bitcoin or not. Have a great day, and thank you for your help.