I am 50/50 on this. Is it a good chance to buy and we won't see 6k again or is it a huge risk and it might crash to 2k or even to nothing. Are people buying now or just watching and waiting. There does seem a big volume of Bitcoin changing hands today compared to the last couple of weeks. Are they buying or selling. Why has it gone down so much at the moment. So many questions and few answers. I think it's looking a very risky business at the moment.
This actually depends on a lot of factors, mainly:
- Do you have the capacity to invest money and bear the huge loss in case of a market crash?;
- You must do your homework before investing by checking news circulating about bitcoin;
- Before you invest your resources, consider it as money that you are willing to lose to at least mitigate the damage; and
- If you have the means, then why not? Investing into bitcoin is always a high-risk, high reward system
Though there are other reasons, personally I suggest that you must do your research brfore investing and avoid rushing as this tends to lead to your investments downfall.