Let's say you bought a bitcoin for $1000 in January 2018. <Just an example, not the real price at the time> So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments. Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment. Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years. So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on... Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.  ..... You might end up with a bitcoin worth $100 in year 5.  Bitcoin has grown so much in few past years, we can expect it to repeat something like that in next few years, but as he has shown us recently, our anticipations in nothing, lol. |
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In my opinion, stable growth is good enough for the holders and investors, but for the day traders, better would be to have some unstable and volatile jumps, then they would be able to trade and have their money.
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In 5 years, I expect it to become a common currency. This also means that prices will be much more stable by then.
I agree with you about the popularity of crypto in the future, but about the price, I think it will be not stability. the market is always growing depends on the situation in the world, the price will be curious. |
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there is only 2 possibility for bitcoin in five years.
First it's gonna be worth $100k for each bitcoin,or its gonna be worthless.if this bearish keep continues maybe we don't need 5 years to see the end of cryptocurrency.
But if we can pass this the worst bearish in last 6 month $20k at the end of year is possible and the trend will be kept up in the next 5 years.
All that purpose only one thing - price for Bitcoin. Maybe we don't understand all things about it till. Maybe Bitcoin is working on some useful for us, not only about the price for it? |
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Bitcoin has not been able to change the world economy, only changing the individual economy that believes in the use of virtual currency.
If we are talking about the world, everyone should know and have bitcoin, but in fact, the percentage of bitcoin users or other cryptocurrency users has fewer comparisons than people who do not have and do not want to invest or use cryptocurrency.
Buy low and sell high is the way someone who is familiar with bitcoin, for which they will not go without seeing the low or high prices.
Yep, you right about Bitcoin relation to the economy in general, only local changes can be really connected to Bitcoin. About people, they always are looking for short time benefits, it is a human factor. |
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As fas as I know one of the asian countries that have greatest influence on bitcoin is China. It has great impact, since its a big nation with huge participants when it comes to crypto currency such as bitcoin. Chinese people are more knowledgeable about virtual currency since it is accepted in their country as a means of payment as well as when it comes to investments.
They are very smart and hardworking people, I think. But they have a very strict government in the country, so it can be a problem for the people use all benefits of using Bitcoin and crypto in general. |
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Now it is many news about low price of bitcoin and that's not profitable to invest. I think it is only such period and bitcon grow up soon. So it's false fears. And I wish you to keep calm, be patient, wait. And ask the advice from successful people in cryptocurrency.
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I think my biggest mistake was selling the waves coin that I have, when it has the lowest price because I was in the panic thinking that waves will crash completely, and I will lose my money.
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I don't agree with you, that it is important. The market is cruel, and for that constant rise is unbelievable. But i think good words about constant rise of Bitcoin. If that way every one, who invest had earn money, but don't forget, that it is a market.
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I dont trust the project until I would make my own deep research, and even then, I can say, that I invest in approx. 1 from 6 that I was looking for.
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Token is like a coin, but not all the tokens are legit and able to be exchanged, so try first to find out, which is the terms for that particular token that you have.
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I prefer holding tokens than holding bitcoin, Bitcoin nowadays has a high price unlike in tokens I buy cheap price and sell when I get profit.
This is very common things, some parts of my portfolio I do the same. But with some parts, I will go for a day trading, or for a long run holding. It totally depends on the particular coin. |
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constant rise of price of bitcoin is important because it will attract more investors.It is important because frankly, many people invested bitcoin because they are expecting good profit.
You are right my friend. If constant rise will become true, everyone who invest in Bitcoin will get good benefits in short time. But it is something unbelievable for nowadays. Reality shows opposite thing to that idea. |
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I hopefully, next five years cryptocurrency good position stays in the global world. If all county in the world not accepted crypto. why not most of the developing county not accepted cryptocurrency. When developing county accept cryptocurrency, then most of the product is buy and sell by using cryptocurrency.
It is real for developed countries, but in my opinion the process for approving this launchs later. They do not have time to create laws and rule so fast. |
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Through this time, little will change in relation to people, this in my opinion. Yet the majority will consider it a waste of time and investment. And some will earn money for this. The development of crypto currencies is inevitable.
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My plan is just to gather them, which I am doing right now, and then, if they would gain some value one day - to fix there are price in the top 5 currencies, like I have done with cybermiles, the price gone up, and I sold it in exchange to Bitcoin.
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Hi guy
Are you still holding your altcoin?
Have you sold all your altcoin?
You are looking for oppertunity to buy more altcoin?
You are waiting for price to go up?
Which altcoin you are holding?
May I know what are your plans with your Altcoin in the future?
I'm still holding my altcoins and I will hold it until this can give me 100x profits than my buy. The reason is I believe in my altcoins because they have their own unique which can be worthy in the future. In general we can believe in that comma but also, don't forget, that most of the coins which are on the market right now, are going to just die and turn to nothing, so I consider them as trash, only good projects would have their tokens go up! |
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As for me in my opinion I think the Bitcoin cash is like a bitcoin for poor, who cannot afford to buy themselves some bitcoins, and this includes me also
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so we need to provide them this type of market, by spreading a news, by spotting a bugs and report them, by contributing into development
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for me it is easy, I have seen so many regulations that I don't panic after all, just the holding and sometimes even buying more
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