Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
Same question was being asked when price reached $1,000 for the first time since it's large crash. After that price crash, bitcoin price was stuck for $200+ levels for about half a year IIRC and even $500 was considered as high price. When it reached $1,000 level , some average newbies thinks if it "still" a good time to enter bitcoin investment eventhough the price was high. And same question again was being asked after hitting $1,500 , $2,000 , $3,000 and so on.....
Now for those who are still investing at the current price, did they actually know what will happen? Why they still invest? Newbies that wants to enter bitcoin investment must understand the risks the moment they bought bitcoin at the current price. Is it worth to pay $8,000+ for a whole fraction of bitcoin? They will never know until they will try. If they are afraid of losing then better disregard investing and asking that kind of question.