Should I invest in Bitcoin right now (2017)?

in bitcoin •  7 years ago 

 In my opinion, yes.

I Suggest you  to only invest what you can afford to lose. 

Bitcoin fluctuates on a daily basis, so you may see days where it goes up, and days where it goes down. Bitcoin is an investment that requires patience and diligence

You don’t want to invest so you can immediately resell, unless you are able to buy Bitcoin from someone below market value and then sell for a profit. You should consider this a long term wealth building strategy. 



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I invest in BTC more as a store of wealth rather than an investment if that makes sense. Of course I expect it to go up quite a lot but imo is the least risky investment, even safer than fiat currency or gold or other commodities and with insanely higher returns

yes you are right

BTC is #1 and I believe it'll still grow a lot but diversification is key so investing in good, reliable coins other than Bitcoin will increase your security without decreasing the returns in the long run