Even the blind can see that crypto Currency is making people millionaires all over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
The short version is "Who knows?" The longer version is, most people who are involved in BTC believe it has a ways to go yet before it hits its peak value. People a couple of years ago had exactly the same concern when the price per coin was several hundred dollars, the concern was was it too late. Personally if I had the benefit of hindsight I would have pumped every last drop I could have afforded into BTC at $600, but I didn't.
The same thing is probably true now, but somehow the stakes seem higher - who knows in 5 years time you and I will be sitting here moaning about how much we could be worth if we just bout all the BTC we could at $4K when the price is $40K, or $400K - having said that, it could go the other way as well.
That the fun of the fair.