Monday, August 14, 2017

Is Bitcoin on Its Way to $5000, and Should You Invest or Stay Away from Bitcoin?

Is Bitcoin on Its Way to $5000, and Should You Invest or Stay Away from Bitcoin?

The blue chip brokerage house Fidelity has allowed its customers to create their own Bitcoin accounts, further accelerating Bitcoin’s bull run. The price of the digital currency hit the $4000-mark this week following the anointment by the mainstream media of the currency as a new asset class.


Other industry players and experts are predicting a brighter future for Bitcoin. According to an analyst from Standpoint Research, the price of the virtual currency can reach the $5,000-mark by 2018.


These rosy predictions about Bitcoin create the question on whether ordinary investors should invest part of their savings, or even their retirement accounts, into the cryptocurrency.


To help the ordinary investors in deciding whether they will invest their hard-earned money into the digital currency, here are three reasons to invest or not to invest in the cryptocurrency.


Full story at http://bit.ly/2hYU6l2


Source: CoinTelegraph


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