I still recommend Bitcoin to all my friends, customers and family. In my opinion, some of the risks holding bitcoin on a long term perspective has decreased in the past few months. All around the world, financial institutions are going for blockchain technology and accepting Bitcoin as a trustworthy payment method for their products. Guessing PayPal could also adapt this strategy and start to offer wallets to merchants.
I also recommend btc for holding. Big company starting to invest in btc. I think, They not publish their investing news to publicly everytime. Lot of companies starting to invest in btc, People inspired to invest in btc from them. It’s will be a major reason of btc pump.
Do you think that Investors are attracted to Bitcoin for no reason?
Seeing the rising price of Bitcoin and its demand, various companies have invested in Bitcoin for their own profit. Some companies have invested in Bitcoin to advertise their own products, example-PayPal. Elon Musk has invested in Bitcoin. He naturally wants the price of Bitcoin to go up so he is working hard for the promotion and adoption of Bitcoin. Elon Musk has assured that the bitcoin obtained from TESLA will be held for the future, It will definitely impact positively in Bitcoin ecosystem, I applaud his intentions.