The year is almost in it last quarter with few months to go but for bitcoin, investing now is not too late.
Investing in bitcoin for us is never too late, especially for those interested in coming in for the first time, however, we have to ensure that we make use of the best and most suitable strategy on this, because we cant afford to invest and then the market begins to go opposite our direction, we may go into loss, however, except that we are able to exercise some patience while holding for a long time that it may takes for it to pump up.
There are lots of suggestions pointing to the possibility of bitcoin getting to $250k by the end of the year, how realistic is that speculation?
$250,000 is what can happen this year and it may not happened until after the next halving coming in 2028, we cant predict how the market will go, we only have the expectation that the bull may continues and also the market will always pump and be favorable to investors and particularly those that were holding, most likely before the end of the year, we may have up to $150,000 but not sure of $250,000.
If bitcoin can get to $250k by December, then buying now in view of getting returns by the end of the year isn't a bad investment plan. Is such a plan a good one or a red flag?
It all depends on how we can be able to hold, if we expect for this and it happens, then you're in profit, but if it doesn't, then you probably have to continue holding till the market is in favor of you, probable at another bullrun season.