Late to invest imo. If it still goes up, then you are winner. But you could definitely lose ALOT.
Those who invested in BTC at 20k in 2018 is still winner today, but it took a lot of balls to hang on it while they dropped to 3k. Good luck.
BTC future is bright, tho.
This is not the 2017 far west anymore with the forks, the FUD, the hacks, etc, etc, etc.
Don't forget that Dec 2017 was the first time WS could actually short BTC with the CME futures, the 50% drop was pushed by this, then there was MASSIVE fear and blood on the street, it was a great time to accumulate.
Actually, Paypal and Square are eating up over 85% for daily BTC mined. The BTC held on exchanges has also dropped by 60%. Big accumulation in both 18-19.5k range and 24k as well. These will serve as support as and if, BTC retrace, as always... But it is currently REALLY strong.
2021 will be brilliant.
Things that could really hurt BTC:
- Regulations, after the SEC is done with Ripple (long term)
- MT.GOX 140k BTC release, if it occurs... Short term crash if those who receive them dump them because they paid 500$ for BTC back then.
- "Green Bill" where electricity could be either taxed massively for mining or simple denied to be used.
- If Satoshi comes to light - And imagine if it was really Paul LaRue, although I doubt it...
- If If If ... There's always plenty of If's!