HACKER Q&A
📣 rahulvarshneya

Where do you think Bitcoin is heading? It is a good bet to invest now?


Where do you think Bitcoin is heading? It is a good bet to invest now?


  👤 WheelsAtLarge Accepted Answer ✓
It will only going up. It's become the defacto cryptocurrency and by definition it will only have a set number of coins so the more people want it the more it will go up.

It's become very easy to buy it so know-how is no longer a barrier. It's also an international asset so anyone in the world can buy it. There are still a boat load of technical issues that need to be fixed but those will be fixed.

This does not mean that it can't collapse every so often but long term it's only going up.

Don't make it your main investment but buy a little on a regular basis. 10 yrs from now you will be happy you did.


👤 LatteLazy
The worst time to buy or sell anything is a when everyone else is rushing to do the same...

👤 bobpatel369
The same question was asked when it was at 3k, then at 10k, then 14k, and so on! You get the picture

👤 bitxbitxbitcoin
Please don't "invest" in Bitcoin. Instead, hedge a percentage of your net worth in it based on where you feel you stand on the idealogical spectrum between cryptoanarchist and law abiding citizen.

👤 aynyc
A bit stupid question. How do you invest in Bitcoin? It seems every month or so, a Bitcoin wallet gets hacked.