Post
Topic
Board Economics
Re: Bitcoin investment
by
bounceback
on 19/08/2021, 15:52:20 UTC
I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?

You target a very high price, $100k doesn't mean bitcoin can't reach that price, but this certainly takes longer than you think, especially this year bitcoin has reached a new ATH, because after ATH usually the bitcoin price will be corrected temporarily time, and if we look at the on-chain structure, recovery isn't going to happen anytime soon.