It may ok for long term cause bitcoin is doing well and can be expect good return for long term investment.but if you are a trader and trying to trade bitcoin, the you might be in double cause bitcoin price is turning into dangerous zone.already deacrease more than thousand of dollar, which isn't a good sign.hope you already read the replies on this thread and sold your btc, and hope you aren't in loss right now
No one knows when the bull run will be ended. May be it is only the beginning. I also expect massive bull run in this coming year. But time will say. If anyone have enough money or can wait, price of btc will grow and there will be profit in long term