Post
Topic
Board Speculation
Re: Is it too early vs late to buy bitcoin?
by
Kyraishi
on 01/11/2017, 08:23:14 UTC
Bitcoin has been soaring over the past few months.
The argument between "is it too late to buy Bitcoin" vs "is it too early to buy Bitcoin" was debating among lots of hedge funds.
Some think there will be a big price correction later at a certain point, the others think the blooming will still continue going on no matter what.

What do you think?



If you look at the long term then it is still very early in the development phase. Right now we are just seeing some acceptance of bitcoin in society as a legitimate currency and teh price is already going up like crazy. Just think of what it could do for us in the future.

But on the flip side, if you are a short term oriented investor, then right now isn't the best time to buy. There will probably be a dip that will come before/after the hard fork that will take bitcoin price down a bit, and you can buy then.