I want to invest in bitcoin but before i did this i want to hear u guys first.
It is possible for bitcoin to drop to altcoin prices but not this year. It is highly unlikely for btc to go down to those levels if mass adoption of it is increasing everyday, generating more demand for it. Invest on bitcoin if you want but you better do it on dumps for cheaper entry points. For now I think the chance of this happening in the next 5 years is less than 1%. Do not be afraid to invest into btc, but before you do make sure to research the mechanism of holding btc safely so that your funds would not be lost in the process.
sure bitcoin can possibly drop this year, hello? december is coming and people will likey cash out and withdraw their bitcoins to prepare for this once in a lifetime season. majority of people need money to buy gifts and fireworks or foods. therefor im expecting that a hard dip will happen this december just before the christmas and new year. not only that but theres also a rumored fork that will soon to happen on the first or second week in december and this event could also hardly affect the market of bitcoin.