RE: Should I buy more or wait?

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Should I buy more or wait?

in cryptocurrency •  7 years ago  (edited)

Thanks a lot for such detailed comment.

As far your concern about selling bitcoin. I personally feel bitcoin will increase for some time. I am not big fan of bitcoin, there are lot of altcoins giving better value than bitcoin. But whole world is not yet joined "crypto world" whenever someone new will join, they will be first introduced to bitcoin. Also lot of new ICOs and exchanges accepts bitcoin for buying altcoins so unless supply does not increases considerably bitcoin will further increase for some time.

If everyone starts to seek value and then invest, bitcoin won't keep increasing, but I don't think so this is going to happen. There are lot of people investing their money without any knowledge. People are very ignorant. They are going to take bitcoin to new heights.

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