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Bitcoin is one of the oldest cryptocurrencies and is also the most trusted as well. Most people who invest in cryptocurrency tend to watch Bitcoin and that will be the one they will make a decision on when they feel the time is right to buy or invest.
At the moment, when it comes to Bitcoin, would you suggest to someone asking that it is the right time to invest in Bitcoin?
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Yes, Bitcoin is worth investing in now. Cryptocurrency is expecting the next halving to happen next year and after that we are looking at a long bullish market run. Bitcoin is around $26k today, if I have more money I will buy it.
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To be fair I never ever invested in crypto in my life because the whole concept is foreign to me and I don't know how it quite works, and also I don't like it because banks don't support using it and you can't pick up that money, but use it online somewhere, if I am not mistaken?
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In my opinion, investing in bitcoin will always be relevant, that's why I bought it regardless of its value, because it's not just a product, it's a brand, owning which you can show your status. In the coming years, I think it will gain maximum popularity.
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It is always worth investing in bitcoin, since its system was created so that it always revalues so its price will always rise, but clearly you must have enough capital to withstand the price drop that it usually has.
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I can say that again and again. Bitcoin has really shown that it's worth investing in. The present surge in price further proved that bitcoin is a very lucrative investment. But you should understand the risk surrounding it before you invest.