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Is it too late to get into BTC?
by akudha 6y ago
Is it too late to get into BTC?
- rulambo 6y agoHave you taken your time and watched 5 minutes of the linked YouTube video? HedgeFunds are just starting to get into BTC. The price is still to low for them to allocate even 1% of their capital to it. When the price hits around 500k, then it is starting to get interesting. So, no. It's not.
- csomar 6y agoIt's definitively late if you are expecting the x100 returns, and significantly perilous now since prices have risen a lot recently.
- dbrereton 6y agoAnyone answering this question for you is probably biased in either direction. You should do your own reading and decide for yourself. Here's a good article from 2018 that gives an argument on the bullish side: https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1 https://vijayboyapati.medium.com/the-bullish-case-for-bitcoi..., and here's a more bearish view: https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3 https://crypto-anonymous-2021.medium.com/the-bit-short-insid....
- puddingnomeat 6y agoThat depends. Where is the ceiling? There has to be a rational upper bound. Right?