Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?
thanks in advance.
Your question should be in the Bitcoin discussion section not here in the Economy section. However, anything can happen with Bitcoin either going up or down, not just what you believed you were told. That can still happen, just in our current situation, the truth is a bit unclear if you look at the graph chart of Bitcoin in the market.
You know, my advice to you is, as long as you can buy Bitcoin, take the opportunity to buy it if you know yourself that you don't know enough about it, at least while you are still in the learning stage. You have some Bitcoins saved up somehow, right?