Buy and hold is the key, buy as many as you can and hold as long as you can.
One mistake that many people made, is to think it's too late with Bitcoin when it's still quite early.
If you buy BTC at $4700 and by next year it gives you over $5000 in profit, what’s wrong in that? Think of the future potential!
BTC will keep rising due to the steady growth of its user base.
There is a really worrying issue that must be solved ASAP : the network can process only 4 transactions per second and this is not acceptable for a real-time global payment network. Hope they will fix this without messing up things.
Anyway : there will be, probably, a downfall in the next weeks. Early investors are tempted to cash out. If a negative news will come, it might generate a buying opportunity in the 1600–1800 USD range.
Hope it helps. Do always your own research before buying cryptocurrencies. Good luck!
Very Less.
Currently very less Bitcoins are being mined compared to Bitcoins bought.
So the demand is high and supply is less. And this is not going to be solved any time soon.
People are ready to pay anything to get hold of Bitcoins.
Japan legalized bitcoins, and many countries are reviewing it.
Many VCs , Investor are investing heavily into Bitcoin Business.
Bitcoin is getting support from Major Technologists.
Your response is private.
yes
