RE: Is it still worth Investing in Bitcoin?

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Is it still worth Investing in Bitcoin?

in bitcoin •  7 years ago 

Great analysis. Bitcoin is definitely a long term investment and is VERY risky in the short term. I always assign %60-70 of my portfolio to Bitcoin, for long term holding. I use the rest of my money on riskier investments.

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"Bitcoin is definitely a long term investment"

How do you know?

If you look at the general trend in Bitcoin price since its inception, the general trend is an upward trend. However, in the short term, the price is volatile and there are many crashes. But in the long run, the price always recovers...