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RE: Is this right time to invest in Bitcoin?

in #cryptocurrency8 years ago

I don't think it's a right time to invest in bitcoin because of risk. For me bitcoin will go one of two ways.;

  1. It forks, investors end up with equal amount of coins in both currencies. Both currencies will be revalued almost certainly less than the current price. If you're on the wrong exchange you may even lose some coin if its not in a secure wallet. The upside to this scenario is a flight to safety so I can see coins like Eutherum and Dash benefiting as a result

  2. Bitcoin doesn't fork, and we see a broad based rally across all crypto currencies including bitcoin.