Asking this question is like asking in Playstation board/forum whether to buy Playstation or not.
If u ask it here, I think most will encourage u to buy.
Not pouring cold water to anyone, is a bit tricky to know when btc bubble bursts... but sooner or later it will for sure.
As the price is really high now, once the bubble bursts, other crypto will more or less affected as well. (Due to fear or spread of media)
I will just post a story for people to read.. of course some may feel is not really link to btc etc.. but then I feel is worth the share.
Some might probably knew too. Sorry for my English, as it is not my first language.
A lot of pikachus lived near a village.
Pikachu is worth around $2 to few dollars.
One day a merchant came to the village to buy these pikachus!
He announced that he will buy it @ $100 each.
The villagers thought that this man is mad.
They thought how can somebody buy wild pokemon at $100 each?
Still, some people caught some and gave it to this merchant and he gave $100 for each pikachu.
This news spread like wildfire and people caught pikachus and sold it to the merchant.
After a few days, the merchant announced that he will buy pikachu @ 200 each.
The lazy villagers also ran around to catch the remaining pikachu!
They sold the remaining @ 200 each.
Then the merchant announced that he will buy pikachus @ 500 each!
The villagers start to lose sleep! ... They caught six or seven pikachu, which was all that was left and got 500 each.
The villagers were waiting anxiously for the next announcement.
Then the merchant announced that he is going home for a week. And when he returns, he will buy pikachu @ 1000 each!
He asked his employee to take care of the pikachus he bought. He was alone taking care of all the pikachus in pokeballs.
The merchant went home.
The villagers were very sad as there were no more pikachu left for them to sell it at $1000 each.☹
Then the employee told them that he will sell some @ 700 each secretly.
This news spread like fire. Since the merchant buys pikachu @ 1000 each, there is a 300 profit for each pikachu.
The next day, villagers made a queue near the employee.
The employee sold all the pikachus at 700 each. The rich bought pikachus in big lots. The poor borrowed money from money lenders and also bought pikachus!
The villagers took care of their pikachus & waited for the merchant to return.
But nobody came! Then they ran to the employee.
But he has already left too !
The villagers then realised that they have bought the useless wild pikachu @ 700 each and unable to sell them!
It will make a lot of people bankrupt and a few people filthy rich in this pikachu business.
That' how it will work.