Buy Bitcoin This Year, Is It Too Late?

Bitcoin is a leading crypto asset that sits on the world's first blockchain. This crypto asset was created by a person or group of people using the pseudonym "Satoshi Nakamoto". Bitcoin is a peer to peer crypto asset  , meaning that all transactions that occur do not require the role of an intermediary to allow or even facilitate it.  Currently, Bitcoin is the asset that ranks first on the CoinMarketCap site with a capitalization that has experienced ups and downs this year. In March 2021, Bitcoin managed to reach an  all time high  or an all-time high with a value of IDR 879 million. However, two months later the value fluctuated highly and caused its value to plunge to almost touch the value of Rp.432 million.  Even though the value tends to fluctuate, it seems that there are still many  crypto investors or  traders who have high hopes for Bitcoin (BTC). So is it too late for new  traders  or investors to buy Bitcoin?  Bitcoin Brief Over the Years Reporting from Zipmex Indonesia , a crypto asset trading site, the following is the ups and downs of Bitcoin's value from year to year.   In 2011, the price of Bitcoin had jumped from 1 US dollar to 32 US dollars in June. This 3,200 percent increase, followed by a sharp recession and sent the price to its lowest value in November of 2 US dollars. In 2013, this leading asset experienced two price bubbles, having started trading in the market at a value of 13.40 US dollars. The first bubble occurred when the price jumped to 220 US dollars in the early week of April 2013. However, this increase seems to have also been followed by a sharp recession and in mid-April the value became 70 US dollars. Still in the same year, towards the end of the year precisely in October, Bitcoin was again traded at a value of 123.30 US dollars and in December the price experienced a tremendous surge with a value of 1.156 US dollars. This increase did not last long, because three days later the value of BTC fell back to 760 US dollars. 

At the beginning of 2017, after experiencing an increase in the first two months, BTC rose to a value of 957.70 US dollars in March and became 20 thousand US dollars in December 2017. In 2019, the price of Bitcoin managed to surpass 10 thousand US dollars. However, almost the same as the trips in previous years, the value fell back to only 7 thousand US dollars by the end of the year.  Despite having experienced ups and downs during the Covid-19 Pandemic, in 2021 Bitcoin experienced an  all-time high  of 61 US dollars. However, in mid-May, its value fell sharply to touch Rp. 400 million. When this article was written, Bitcoin was recorded at a value of 60.9 thousand US dollars or Rp. 865 million. Despite having experienced ups and downs, Bitcoin is predicted to be able to maintain its overall value with a future that looks to be very  bullish . The number of leading asset adoption rates is still experiencing significant growth.  Cathie Wood of Ark Investment still believes that it is not too late for investors to buy Bitcoin, as its value is expected to reach 500 thousand US dollars. In fact, Greg Cipolaro and Dr. Ross Stevens, researcher from the New York Digital Investment Group, also predicts that the value of BTC will continue to increase.  So, are you interested in starting to buy and invest Bitcoin?