Looking at the way bitcoin has been fluctuating in price, a lot of people are beginning to get discouraged of ever investing in bitcoin or if it is worth the risk at all.
The truth is a closer look at the price of bitcoin over the years is an indication that it has come to stay. Just do a survey of previous prices in the past years and the current price may just be a blessing for more people to get before hitting the sky.
According to the analysis given by Bill Baruch;future's broker, the volatility of bitcoin price has reached bottom level indicating a possible rise without further fall. Time will tell if this is true or not but in a general outlook, any investor that gets in at this point will not regret it when the price of bitcoin begin to fly to the moon.
What do you think guys? Will there be a further drop or a time to buy more and hope for the moon?
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @shasmile! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit