The price of Bitcoin dropped from $66k to $62k. Everyone were actually happy when Bitcoin hit $66k, but it reducing doesn't mean you can't still invest. This is another great opportunity for those that have interest to invest on Bitcoin since no one can predict how high or low it will go.

Many Bitcoin lovers have been predicting that the price of Bitcoin will likely hit $200k or even more in the next 5-10 years but we don't know how true this is, it might even hit $200k before 5 years time you never can tell. Bitcoin getting to $200k will be beneficial to many investors and become a barrier to some people who are not investors or who want to invest but won't be able because of the high price of Bitcoin. As we all know, Bitcoin can not be regulated or valued by any government and it can't be printed out by the government, that is the best part of it.since no one has the ability to freeze, charge or demand your coins, you can invest at anytime but it's advisable you do that now before it hits $200k or before you will regret while others will be enjoying and ripping their profits.

Complications while investing

Bitcoin may have other complications, but as a person before investing, you should know the risk involved. One of the most significant drawback of investing in Bitcoin is the lack of regulatory oversight. Lack of regulation can lead to fraud and scams. There is no way to safe your Bitcoin from human or technology errors, once you mess up your Bitcoin wallet you won't recover it back, so be very careful with the way you handle your wallet.

In conclusion, it is very possible that Bitcoin might hit $200k in the next 5-10 years time, it is advisable you invest while you can now before it is too late for you and with the way things are, Bitcoin is the feature.

Comments, likes and upvotes will be appreciated.

Thanks for reading.