Even the blind can see that crypto Currency is making people millionaires all over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
No its most definately not!
People thought that bitcoin as going to crash or at least not rise in value a few years ago. We can clearly see that that is not the case. There will always be supply and demand. Since August 1 is coming up, it should not pose a real problem to the blockchain network. If I recall correctly, the hard fork that can be the outcome of August 1 will not be a big problem as the old blockchain can still update itself once it realises that it as become outdated (I think, not 100% sure). Then, the network should remain the same as now.
Bitcoin will continue to grow in popularity and also value. This can be seen through the adoption of Bitcoin by various large companies such as Amazon, Microsoft and more. They would not invest in such said technology and moreover would not allow you to pay with Bitcoins if they did not believe that bitcoin would grow.
I think its safe to say that bitcoin investment is a sure thing to invest in.