Bitcoin has gone over $100,000 this year, and some analysts are predicting even bigger gains next year. With this, many financial advisors are recommending at least some caution, while investing in cryptocurrencies and making sure only a small portion of your overall portfolio is being used for investment.
Anyone investing in bitcoin now should be ready to hold for long term, and if you are holding for long, then I see no reason why you should panic because you investing in bitcoin, and all this little price movements shouldn’t even disturb you, the only people that are suppose to be disturbed are the short term investors, they are the once that are suppose to gradually analyze the market before investing in bitcoin.
Why should you use only a small portion of your portfolio to invest? Then what are you going to be doing with the remaining portion? It’s just high time you stop listening to what all those anti Bitcoin people are saying, because if you end up following them, then you will end up regretting it later in the future. If you take your time to do your research, then you will know that they are just against Bitcoin for no reason.
Lots of people that didn’t invest in bitcoin now might end up regretting later in the future why they didn’t invest, but now we all know that most people that are against bitcoin are just doing that for their own selfish interest, and if you decide to follow them blindly, then you might end up regretting it.