Bitcoin is digital currency that is familiar to many people, especially for bitcoiners who invest in it. Bitcoin has recently reached a new record at the end of this year and may continue to rise until early 2021, the temporary bitcoin price exceeds 27K USD and it is not impossible if bitcoin will reach 30K USD in 2021.
Today the topic for us to discuss is whether it is too late to invest in bitcoin? This question is common when the bitcoin price reaches ATH (All Time High). Talking about investing, of course, we will face risks that we cannot avoid depending on how we can reduce the risk itself. The risk is divided into 3 parts, namely low risk, medium risk and high risk. In my opinion, bitcoin investment is included in the high risk category, so it is recommended that those of you who want to invest in cryptocurrency must have knowledge of cryptocurrency itself so that you don't lose when investing, analyzing the market, doing research on the object invested and knowing the latest developments about crypto.
High Risk - High Return? Of course this concept applies to the world of business and investment depending on courage, material and non-material capital such as knowledge as an investor. Investing in cryptocurrency is not recommended for those of you who are new to crypto, you must first learn how crypto works and all existing systems so that you don't take a wrong step in investing your money. Never forget to always do research in investing and Do With Your Own Risk.
My personal opinion of investing in bitcoin is not too late, why? seeing the performance of bitcoin this month it is not impossible that bitcoin will continue its journey to set its latest record, maybe this is just warming up for bitcoin and preparing for a bull run soaring the sky and profitable for bitcoin investors. I have personally invested in bitcoin recently, even though it was only around 100$ at the time the bitcoin price hit 24K USD few days ago, I get profit from my investment if I sell my bitcoins because the price of bitcoins has jumped more than 27K USD, will I sell it now? Of course the answer is BIG NO! Because I still believe bitcoin will continue this bull run moment as I said HIGH RISK HIGH RETURN OR HIGH RISK HIGH LOSS! so lets see how bitcoin works!
So, how about your opinion? It is too late investing bitcoin? will it be profitable or detrimental?
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