Is investing into bitcoin a good idea?
I'm going to university soon and have to shove some money to the side (to get funding).
>>18578820
Right now?
No way, the odds that the value drops and you buying at peak are too great
>>18578820
>investing in bitcoin
It's literally no different than gambling. The price of the coin isn't pegged to any fundamental, the technology is being copied rapidly, the coin already had to split once.
>>18578825
>t. moron
You have no evidence or reasoning on which direction it should move. Stop acting like an expert on a dice roll
>>18578820
Its not a bad idea but cryptocurrency has a trend of dipping hard and stagnating once people lose interest. Look at bitcoin now and look at it the last time it spiked over 5 years ago.
I have some money in the market but its only 5% of my wealth. You are really late for the eth train which was the last actual good coin that people might actually plan to use instead of pump and dump. Now its all speculation on which coins will increase in value specifically so you can sell it for a profit.
>>18578820
Learn how to day trade its easier than understanding the movements in bitcoins