Post
Topic
Board Speculation
Re: More Investment to Bitcoin?
by
Silberman
on 17/09/2021, 15:36:27 UTC
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.  Huh
Each investing decision needs to be taken with the utmost care however you can take almost any time in the past on the history of bitcoin and you are going to find that its value was lower, with the exception of a month or two in which it was higher than the current levels, this tells us that if you wait for enough time and you hold your coins then you will get profits, the real question is if you are going to be able to do hold your coins once you buy them? And this is only possible if you are truly convinced about the technology behind bitcoin.