Hello friends, the present post I do with the intention of knowing your views on a possible rise of Bitcoin.
Yesterday I was talking with family and friends about the possibility of investing in Bitcoin a relatively considerable sum, with the aim of taking advantage of a possible rise in the market and withdraw it at the end of the year or at the beginning of next year.
Personally I started in the Bitcoin market at the beginning of 2017, when the BTC still did not reach $ 1000 and throughout the year I have seen it rise and rise, so I thought to invest some capital in BTC this week, and so take advantage a possible medium-term increase.
I spoke with some former colleagues and proposed that they lend me money in order to pay them with a percentage of interest, hoping that the BTC's percentage increase with respect to the dollar is greater than the interest rate, and thus be able to earn the difference.
Obviously I have made my own analysis, but really in the market one is never sure of anything, I have heard different positions, some negative that say that the BTC is going to collapse, others more conservative say that it will go up a bit or go to maintain, and other quite enthusiastic positions that think it will go through the roof.
The Blockchain technology brings great advances and what they are doing with it is so great, and the teams that currently work on truly incredible things are quite a all a possibility, but there is also the possibility that speculation in the market partly finish with this. However I think that decentralization is good, and that bitcoin as a mother cryptocurrency has a long way to go.
What do you think? What will be the price of Bitcoin on January 1, 2018?
I hope we can share opinions in the comments section....