Some country are now accepting bitcoin as currency and the billionaires is now hoarding thousands of Bitcoin. Should I wait for the success of El Salvador's implemetation of bitcoin before investing?
I think if they become a more successful country by accepting bitcoin, others will implement too. There will be more investors and the bitcoin will be pump again?
I just hope I'm not wrong this time.
No, you do not have to wait for the success of El Salvador to invest in bitcoin and you can invest in bitcoin anytime you want. You should be concerned about how you can buy bitcoin at a low price so you can make a profit from the next high price. If you just wait for what will happen to El Salvador without doing something, I am afraid you will be too late to invest in bitcoin because who knows, the price can be at the highest price. Yes, more investors are coming to bitcoin and will invest in bitcoin so that it can lift the price to increase. That will be up to you to decide.I think if they become a more successful country by accepting bitcoin, others will implement too. There will be more investors and the bitcoin will be pump again?
I just hope I'm not wrong this time.