Should I buy Bitcoin now? Some people are holding half of their coins and selling half of their coins

CNBC's "Fast Money" trader Brian Kelly said that despite the rise in bitcoin prices, it is not too late to buy now.

While the Bitcoin price chart has remained stable since 2014 in response to larger price swings, the currency has doubled in value this year.

So, should you buy Bitcoin now ?

Kelly also expects new breakthroughs to occur in the coming year as the number of users further increases, and he also said that the current situation in China will help Bitcoin prices reach their highest point in three years and generate more new use cases in 2017 due to demand.

This also answers the question of some onlookers: whether Bitcoin may experience another sharp drop in the near future, like in 2013, so that they can buy at a low price.

Similar to the current pattern, after the price surges, a game of gains and losses will cause the price to fall. Then, people will panic and some Bitcoin owners will be forced to sell their coins, so the only ones who benefit are traders.

There is a 50% chance of falling

Since no one can really tell where Bitcoin’s price will go, some people are choosing to sell half of their coins to avoid losing it all.

While not entirely predictable, we now have a much better understanding of how money works than we did in 2013. Additionally, the price and usage of Bitcoin has increased in recent years.

The recent surge in Bitcoin prices has attracted media attention, and there are not many Bitcoins left to buy in the West.

If the media coverage has some success then we won’t have to worry about a drop, the current Bitcoin price inflation is due to its priceless service of providing a form of freedom for those looking for an alternative to fiat currencies.