Hello crypto investor that is going to or already invested in crypto. By this post i want remove all the doubts in your head keeping you from investing more or at all. As you all know bitcoin just crashed. (in my opinion you cant even call that crash, but anyways). So i'm going to give you some opinions of mine that might help you:
1. Firstly, the thing with bitcoin is, that it's purely psychological based. That means it should go up and down often. People see their money rise and they sell as fast as they can. If bitcoin didnt do this, that would be not normal. So dont worry if you see little bit of crashing. After that the only way is to the top.
2. Secondly, not many people know about bitcoin. Only in these last years many people started investing in bitcoin. In my opinion, many people avoid bitcoin because they have heard about the bad side of it. Drugs and that other stuff. Seeing it more and more in news later on will only attract more people to invest and the price will go up. It's just a matter of time.
3. Thirdly, we all have seen those ads and stuff like: Bitcoin is the future! Well that is kinda true. But we will have to wait for it. You can already pay with bitcoin, but it's not that often today. In my opinion, bitcoin will be widely used as currency in world. It's "safest" from all currencies, investments you can hold your money in. Image if north korea attacked USA. (I know it's kinda impossible but just bear with me) If that happend and they managed to do big damage, USA would make more money to spend it on weapons and defenses. What that does is crash the economy of USD. Since war is kinda impossible, but USA is in very deep in debt, that is a possibility. Making more money to pay them off would do the same, wouldn't it? Since bitcoin isnt tied to anything that is going to drop so much in value, i think it's really safe as investment.
4. Bitcoin will rise alot when supply will hit dead end. I dont think there is anything more to this.
Having said all that, in my opinion, you should invest as much money as you can lose. Bitcoin market is about high risk and high reward. If you're going to hold it for few years, then you dont have to worry about losing some of that money or any at all. But If you're going to buy low and sell high or start playing with exchanges you should invest smartly. There is tons and tons material to learn where to invest.
If any of this helped for you to decide, i'm glad i helped. If not, you can ask questions and i might be of help.
Good Luck !
Oh by the way, since bitcoin just got little bit down and is going up pretty hard, i think it's the perfect time to get into investing
