Was wondering if i should invest in crypto this year. I heard bitcoin was crashing though is it a good idea to buy while it is still low? Or is a differnt coin like etherum better.? Let me know thanks
Bitcoin has no physical item backing it, the only reason it's worth something is because of the belief that it is worth something which is the reason why it is dropping in stocks, there is no point in investing in something everyone is trying to get out of, it will never be at the high it was before. So I would say no do not invest in bitcoin.
we are at the tail end of the bear market imo, and i believe BTC still have good run in it, though it might take quite a while to hit the $20k high again.
RE: Is bitcoin worh investing in, in 2019?
27-02-2019, 04:30 PM
This post was last modified: 27-02-2019, 04:31 PM by Teratoma
I made alot of money with crypto at the start of 2018 the thing is that everyone knows about bitcoin now Also big corps are heavily invested in some crypto too so that should lower the chance for huge increases like in the past
If you have a lot of money and you're waiting to invest, keep waiting a little while until the middle of the year, something bigger and better will probably come out.