- As the price of Bitcoin continues to break its price records over the years, investors ponder.
- Is it a good time to buy Bitcoin in 2021?
- So far, Bitcoin has only continued to surge, hence, it is still a solid asset for investing.
Almost every day, Bitcoin (BTC) sets new price records. Since the start of this year, its price has almost doubled. Is it too late to invest in this cryptocurrency, and is it possible to minimize the risks from such investments?
Is It Too Late Now to Buy Bitcoin in 2021?
Those that have been involved in the cryptocurrency world for a few years have heard this question many times before. Every time Bitcoin breaks through a price barrier and sets a new record, people start wondering if it’s too late to buy. So, we need to put this in some historical context.
People asked this question before, first in April 2014, when the price had gone up, and people wondered if the Bitcoin opportunity was already gone. The Bitcoin price when that article was published was $460. That price would increase more...