Bitcoin Reaches a Record High: Is Now the Time to Invest?
Bitcoin (CRYPTO: BTC) has been surging in recent weeks, shattering its previous records. The cryptocurrency recently reached a new high of more than $68,000 per token, up more than 53% since the beginning of October. Some experts believe this is only the beginning for Bitcoin, predicting its price will hit six figures in the relatively near future.
To be clear, nobody knows for certain whether Bitcoin's price will continue climbing. After all, cryptocurrency is still speculative at this point, and it's anyone's guess where it will be in five or 10 years.
However, considering Bitcoin's monumental gains over the past year, it can be tempting to start investing in the cryptocurrency. But is it really time to buy? Here are three things to consider.
Source Fool.com
