Is it a good idea to invest in Bitcoin?

[Emily_Ed]

Ever since Bitcoin started to cost quite a bit of money in 2017, a lot of people started investing in this cryptocurrency to varied degrees of success. In the past few years in particular, the Bitcoin value has skyrocketed and even companies like Tesla or major investors, even billionaires started to invest a fraction of their money in Bitcoin and crypto in general. But the question is, should you invest in Bitcoin now? Let’s find out.

[Ahan]

Of course, it is always a good idea to buy and invest in Bitcoin. But you must choose the right time to buy Bitcoin. If you want to buy and invest for the long term, you need to buy Bitcoin in the bearish season. But if your purpose is just for the short term, you can buy Bitcoin right now and plan the target to sell it in the near future.

[MarianaLisa]

yes, it's the right time to invest in bitcoin. Because the value is getting down and it's going to hit he highest value at anytime.

[CryptoStar19]

Long term, that bitcoin prices will go up is a certainty. If you are going to hold for the long-term your investment will eventually pay off no matter at what price you are buying... that being said, when the market is down and the sentiment bearish, that makes a better buying opportunity than when things are going up or prices are near all time highs.