Any predictionist that predict bitcoin will bullish run up to 20k$ this year ? Year 2017 bitcoin hits 20k$ but dramatically down at 11k$ ! Looking for advice if it is good to invest in bitcoin or nahh ?
Your suggestion is highly appreciated !
Thank you !!
If you want to invest in bitcoin - invest now. Now a good price to buy many coins for the long term. I am sure about that. 9000 - 10,000 dollars is a good price for today. Already bitcoin was 20 000, we see what to aim for, this is + 100%, bitcoin always updates the highs. Bitcoin will grow for the following reasons: the volume of trades has increased (the number of altcoins has increased), the number of miners has increased, more people are familiar with bitcoins, many have created a hedge fund and more.
Current levels look good to buy bitcoin but better approach would be to wait bit more to see where the bitcoin will be taken, who will win, sellers or buyers. After observing bit more, you can decide better.