Post
Topic
Board Speculation
Re: Invest in Bitcoin right now?
by
drachman
on 01/09/2017, 00:15:58 UTC
Hello!

Thanks for reading this topic.

I have some money at the bank which I actually don't need. The interest rate is a joke, so I'm looking for long term investment.
BTC price is kind of high right now if you look at the charts and history. But I read a lot of topics and it looks like this doesn't matter at all.

Let's say I want to buy like 2BTC. Do you advice to do it right now or wait till when?

Thanks!!!

LOL interest rates coming from the bank will always be a joke. I would advice that you have to buy bitcoin with it's current price. After the SegWit activated it's now becoming ready for the price increase. This is a good time to buy now because if you'll wait for a longer time the price can't be lower now.
Banks are on the business of making money with someone else’s money and then giving them a very low amount of their earnings, as you can see they get all the benefits and none of the problems of investing.