Quote from: Sanugarid on September 06, 2021, 04:08:31 AM

Quote from: INSTASMARTER on June 07, 2021, 03:14:36 PM

In early 2021, the cryptocurrency Bitcoin skyrocketed past its previous records, causing a shock around the world and an influx of new investors. The price of just one Bitcoin climbed from less than $5,000 in March of 2020 to more than $40,000 in January 2021. Since then, the cost of Bitcoin has just been increasing, reaching a new high of over $60k in April 2021. What this rise in price has done is nothing less than cause a global frenzy of investors. People on one side saw this rise and now believe Bitcoin is the next big thing. Some have even been claiming that Bitcoin could possibly go head-to-head against worldwide currencies like gold, or potentially even the dollar, as the main currency backed by countries around the globe. Those on the other end still think Bitcoin is one hundred percent risk, denying it has any potential whatsoever. We're still learning the cause of this interesting and random hike in value and what it means for the future of Bitcoin, along with other cryptocurrencies.

There's no thing such as perfect time to invest. No one knows what would be the future for BTC but we believe that it would yield to massive gain someday. So if you have enough money to invest in a particular coin then "now" is the best time. You could buy the dip if you have extra money but what's more important is you already have the coin and just waiting for the perfect time to take profit.

Actually, people should invest their money in Bitcoin as like they save their money for life insurance, In the future paper money will disappear and only electronic currency will be functional. As bitcoin is decentralized there is no doubt it will be dominant all over the electronic currency. If anyone wants to invest their money to buy a safe heaven asset then bitcoin should be a perfect choice. Don't search for perfect timing, buy bitcoin when you have money on your hand.