I have a question... do you think it's a good idea to invest BTC in futures now? With 3x leverage so as not to run as much liquidation risk?
Or do you think it's better to put my €100 in a wallet and wait?
One thing about investment, is that it has to do with risk and if you don't take time the risk will take you to the positive side or negative side of investment, so I understand that cryptocurrency investment have to do with timing, right if you invest in bitcoin you are not at lost, because the price of bitcoin is on constant acceleration, but we are not fully sure of skyrocket of it's movement via price...so investment have target and you can invest now probably you maybe opportune to make profit for your investment.
Woah that's a lot of risk right there but depends on the bitcoin market it keeps on increasing in price if its continues then there is a posibility that it will reach another all time high (ATH) but that's still an speculations, its up to you if you can take the risk, the thing is futures is that the higher you raise the leverage the higher the damagee will also be get, but of course if you are right then the reward is imaginable, its your call just use the funds that you are ready to lose, it may be regretful for instances but if you are a risk taker then go for it, just remember there's a lot of hype right now in bitcoin so anything that could happen to bitcoin price could be unpredictable, its not too late yes but it still has the risk because you might enter in a peak position then possibility of correction.
The thing is that the market of cryptocurrency at this point is flourishing to a point nobody knows what will be the next step of cryptocurrency, so I believe that bitcoin bitcoin has taken another dimensions, and if time is not take the price may reach seventy thousand, so therefore the price of bitcoin is unpredictable.