I think.the question is, are the persons doing this, actually knows what they are doing? Though the trend of bitcoin is going up, they should know their goal in investing with bitcoin, a lot of people are buying low and selling high, and that is to gain profit, but if you are buying high and selling low, you need first to stop,take out all of your investments ans study first, and try.to check what have you done wrong, you should study first on thigs that you don't know, specifically this time, on investing, learn first the fundamentals and don't just go with the trend.

The best time is whenever you are ready, first equip yourself knowledge and make sure you are mentally and financially ready, that you will use your extra money for investment and not your savings, so that you will not blame anyone that advised you about trading. Make sure that you can handle the volatility of the market, since there will always be negative news from time to time.

The pattern that we saw is just normal, there was no hype, it was not that fast, this is what suppose to happen to any high volatile investment, you'll see the price shooting up at any time and going down as fast as it goes up, we should not be worry at all about bitcoin going up so fast, it is also not a hype, considering that we did see a gradual increase on the value, considering that bitcoin has no open or closing markets, it is one of its advantages, people can trade anytime around the world.

Bitcoin is the future of money, in the coming years, i see that the next generation will be using digital currency and bitcoin will be dominant, since today's governing bodies are all in the baby boomer generation, their ideology is still in the old times, however the generations next to the baby boomers are more inclined to the technology of bitcoin and accepts bitcoin more.

Trading is fun, if you know how to do it, so much better to study which coins are you going to invest on first, however if you do not have any background on trading, you might just get disappointed if you see your investments going down. I do not see how trading can be a game, since you need to study the market and be sure that you will win if possible, at all times, i think if you treat it as a game, the market will also play games with you, better treat it responsibly than just some other simple task.

Theoretically it is true, there is anhuge possibilty that bitcoin will become world currency and fiat will die, however that still needs to be studied, considering the fact that bitcoin is volatile and is becoming to be more of an asset than a currency as of now. I think bitcoin will become the standard of currency in the coming years and probably by the next generation fiat will be obsolete and digital currency will be  the norm.

If this happens, we'll see amore and more giant merchants going to accept bitcoin as well, since McDonald's is already established, it only means that they accept bitcoin as currency, and not only it will boost the price of bitcoin it will alsk give more profit to McDonald's, considering the fact that bitcoin' value is going up, still they need to further study on how they can do it more effectively than amazon before,  hopefully this move will be a success.

As we all know, the cycle of all investments is whenever they breached a new high, there will always be a drop afterwards, it is just a normal cycle for all investments, especially in the asset class. I think just what had happened before people will start talking negative about bitcoin, everytime ghey a smight price drop, however it will only take a short amount of time for bitcoin to rally back and in this case, wenare now seeing bitcoin regaining its strength despite the fact that the holidays are coming.

There is a possiblity that bitcoin might go back to 7000 usd to 8000 usd, if all the FUDs we are hearing has an effect on the psyche of the investors and if they fear that bitcoin is a bubble. I think that investors of bitcoin today now are well educated now than before and that a lot of people are gaining trust in bitcoin and i see that now, people are researching about bitcoin and not just beleving anything that fake news may throw at them. The drop of bitcoin that we will see is just going to be a correction since the holidays are coming, people will take profit and that is just a normal thing, since we have goals in investing, one part of it is to make our lives easier.

Bitcoin can still go up even higher than 10000 usd, since it has a high volatility rate and more and more people are gaining trust in bitcoin and soon we might see bitcoin breaching another high. We might even see different world next year, wherein people will be accepting cryptocurrency and using it for transactions, unlike today, though there are already a lot of people using bitcoin, there are few merchants accepting bitcoin and the more merchants we see, only means that the price of bitcoin is getting higher and higher.

The answer will depend on your situation, if you do not own a house, and you feel that you can own one, while investing, i suggest to do so, however make sure that it will benefit you, it should not be taking a lot of money from you, be sure you can afford it, if not, might as well rent. If you think you can handle an investment with a high volatility and are sure that you create a huge profit,  invest in bitcoin, if you do not trust bitcoin, invest on stocks, that is, if you can handle the volatility as well and you trust the companies you are going to buy, but if you are a very conservative person, and just want your money to grow without loosing much of yout capital, invest in bonds. As an investor, you do not need to ask a lot of people in their opinion, since there are some whi can handle a great loss and some who don't, you need first to ask yourself what kind of an investor are you, if you do not understand it yet, better read books, and test yourself.

I have nothing against the man, what he is saying is very convincing, considering the fact that we had already seen alot of bubbles, and it seems that bitcoin may not be different when it comes to those investments, however the fact is bitcoin is unlike those other investments, bitcoin is not a bubble, those bubbles that we had before cannot act as both asset and currency, while gold and bitcoin can, i think they need to do more research, since the comoanies in the past are not backed up by anything, they are just supposed to be assets.

I think it will depend upon the situation of the person, if they can survive without turning crypto currency into fiat, that is well and good, but if they have to, it is upon their discretion, but if you are looking at it as an investor, it is not advisable since below 100000 usd, is still considered a low value for bitcoin, if we could wait, let's keep investing and hodl for a long period.

Bitcoin had already breached 10000 usd mark and it is not yet the end of the year, we are stikl few days away from december and weeks aways from the holidays, i think bitcoin will reach around 12000 usd by the coming days, and once it is officially the start of the holiday season, we might see a drop in the price of bitcoin and a correction will happen, but for sure by the start of the new year, bitcoin's price will again rally back.

There is a possibility it will go down by december, since a correction will happen after a breaching 10000 usd, and since the holidays is coming up, people might cashe out, by that time in order to have extra cash up until new year's day, and i see that it will rise up again by the middle of january.

It seems that bitcoin can breach the 10000 usd at any moment now, since it was thanksgivivig, i was just checking bitcoin from time to time, not like monitoring it the usual, i think what had happened this time is not a pump, since there no hype around bitcoin by this time, i was also checking on the news, and i think people are buying bitcoin in order to get more profit for the holidays, which in turn may become another pump and dump. We might see bitcoin going over 10000 usd by next couple of days or even hours.

Whenever i have free time, though i am at work, i make sure to check on the updates on bitcoin and on my other investments. Itis true that we need to prioritize our job first, but bitcoin is here to help us achieve what we cannot achieve at work, if we really want it so badly, we would make time for it, not just posting in the forum, but also keeping ourselves updated, if we can spend time on social media sites, it only means we have a lot of time on hands.

From what i see, bitcoin is much safer than banks, since we are the ones that is responsible for making our wallets safer, we also have 2FA and our identity will remain anonymous as long as we do not give out our identity,  however for banks, there are no security passwords, but our signature, which can be forged by an expert, and that is a threat also banks are receiving cyber threats that can lead into hacking, thus putting our money at risk.

I suggest that you keep your 12 btc since the price is going up, time will come that what you have will cost a fortune, however if you want to go to trading, why not try earning the bitcoins needed for tradaing or try find other ways to earn bitcoin, do not get complacent since you have 12 btc on your hand, always find ways on how to invest, without using your saved 12 btc, since a lot of people are already having a hard time obtaining just 1 btc since it has a high valuation now.

It is a possiblity, that is more than 1000 %, you just need to lessen the risk and make sure that you have a strategy on how you can can gain more profit, having altcoins will also give you a bug boost. I agree that you should also focus in investing with ethereum, since it is part of the big 3, we can see ethereum to also become an asset in the future, just make sure that you had reached you 1 Bitcoin before you go to ethereum for you to be satisfied, or better yet, invest at the same time.