The year is almost in it last quarter with few months to go but for bitcoin, investing now is not too late.
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?
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?
Bitcoin is known for its long-term effectiveness in terms of investment. People who seek short-term investment with Bitcoin often burn themselves. So I suggest people who aim short-term profit with Bitcoin investment to think multiple times.
For me $ the 250k price for BTC is somehow too steep to achieve. I am not saying it is impossible but it is leaning to it since the timeframe is too short and Bitcoin market is moving towards the bear market transition.
Why not take a step back, think, and consider a plan for a long term investment with Bitcoin. I believe it is much safe that way.