Post
Topic
Board Speculation
Re: BTC price break 1459 USD, is it too late to invest in Bitcoin?
by
Lucius
on 03/05/2017, 15:11:23 UTC
BTC price hits an eight-year high,http://news.8btc.com/bitcoin-price-breaks-1459-usd-is-it-too-late-to-buy-bitcoin-now
Some girls at office are wondering if they should invest in bitcoin right now. Some even want to borrow money to buy bitcoins, i don't know what to say coz i think they don't get the real significance of btc. but it is full of uncertainties in the world of bitcoin. girls could be dreamy, buy what if it is really a great chance. Anyway,i can only tell them big fishes eat smaller ones, so be careful.

Many times it has been repeated on this forum that everything under 1000$ is cheap BTC,but even with this price which is around 1500$ now I think it is good to invest some money in BTC.But this should be money which you are ready to lose at any time because BTC is very volatile asset.

We can only speculate about future and hope price will only go up from now, but we always need to be careful and do not put everything in the same basket.

And if you decide to invest make sure for safety of your coins,use desktop/hardware wallets and make backups of private keys/seeds/dat files.