Why I did not spend all my money, to buy-in bitcoin lately?
Take a look at yearly price chart, do you see anything interesting here? Yes, indeed. We are close to the all-time high on BTC price chart, and this is the most important reason!
To get my all funds placed into the most known cryptocurrency, I would need to see the price going far below 1000$ level, and still, that would not be a secure investment.
That is why I always choose to diversify my all investments! Never put all eggs into one basket, no matter what!
Correct this seems like the time to hold or to sell your existing stash of bitcoin but it does not seem like a moment to buy huge amounts of bitcoin especially since we are very far away to get segwit activated any time soon so there are no reasons to be bullish at the moment.
Back in the early years of bitcoin development, everyone must regret why we don’t know earlier or why I didn’t buy bitcoin which I will be rich right now with just $100 invested in 2010. In that case, how much money that you willing to invest in bitcoin, 80-90%?
Then, how about now, if someone tell you that in the next 10 years you will be rich with just $100 investment in bitcoin right now.
I won’t put all of my money into bitcoin obviously, but I’m willing to spend $1000 to buy bitcoin right now and wait for 10 years later.
Published at Sun, 23 Apr 2017 11:06:53 +0000
[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”] Center NYC
By Scott Beale on 2014-02-14 18:10:28
