At the moment Bitcoin is trading in the range of US $ 3800 to the US $ 4000. In last month it reached even $ 5000 mark. Because of China ban on exchanges and new token sales, most of the coins prices have come down.
But still, current prices may look very expensive for new investors but if one looking for next one to two years time then should start investing now with small amount now without worrying about current price fluctuations. Because after two years current prices may look very cheap, and by then it will be too late to jump in so don’t miss this opportunity to grab it.
Now already many businesses started accepting bitcoins as a payment option and many countries already started to regulate the bitcoins. Those are a good signal for Bitcoin longterm growth. Because it will automatically increase bitcoin demand but its mining is very difficult and it may not grow equally with the demand which in turn increases its prices sky high.
But remember not to keep all your money on any single product to avoid big losses in the long run so just invest around 5 to 10% of your money in these cryptocurrencies and make huge profits in future.
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