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Author Topic: Is it too late to buy bitcoin?  (Read 126721 times)
skyline247
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August 31, 2017, 05:35:06 PM
 #1581

Probably not. I keep buying small amounts with my spare money. Some of my latest transactions were at about $3200/BTC, then at $4000/BTC. I always thought that it may be the peak, at least for some long time (months), but so far it continued to rise...

Same here, bro. I thought $2,500-3,000 was the peak and then it went above $3,000 which shocked me. And then $4,000... now I am quite certain we will reach over $5,000 for sure before a crash. Shocked
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August 31, 2017, 06:07:35 PM
 #1582

Of course the price is not determined solely by these factors, but the nature of bitcoin's decreasing mining rate and finite cap are elements that I keep coming back to as a source of bitcoin growth. As I said, there are other characteristics that determine price, but these factors are something that works with bitcoin for its entire existence and encourage increasing prices. So the very nature of how bitcoin is setup should facilitate increasing price. Nothing in this post is meant to be investment advice, but I would also imagine a relatively low amount of people hold bitcoin. So there could be some more room for growth based on more people buying as time goes on.
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August 31, 2017, 06:31:05 PM
 #1583

Probably not. I keep buying small amounts with my spare money. Some of my latest transactions were at about $3200/BTC, then at $4000/BTC. I always thought that it may be the peak, at least for some long time (months), but so far it continued to rise...

Same here, bro. I thought $2,500-3,000 was the peak and then it went above $3,000 which shocked me. And then $4,000... now I am quite certain we will reach over $5,000 for sure before a crash. Shocked
In recent, new all time high price of Bitcoin has make us surprise many much, because while Bitcoin increase, most altcoin on market decrease everyday. This is advantage of Bitcoin breakout $5,000 easy in next time.

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barnes13
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August 31, 2017, 06:37:48 PM
 #1584

I feel buy Bitcoin now is not too late, even though the price of this year goes up very significantly, but the current price is still cheap because many are predicting Bitcoin prices will be more expensive than now.
The reason why the price is still rising because many are start to realize the potential and Bitcoin technology that can still be developed.
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August 31, 2017, 09:07:30 PM
 #1585

No. Definitely not. Thousands of people buy Bitcoin every day, and it is projected to go another 100x in value within 15 years.

wow wtf from where did you took that information? i know most people on here (including me) are optimistic about bitcoin price, but 100x in value? i dont see bitcoin going to a half million dollars, forgive me.
Two years ago, who expected bitcoin to reach $4500? Optimistic expectations push the price upwards, and keep doing so.
Bitcoin has doubled every couple of months. Another 10x or 100x is possible, given enough time.
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August 31, 2017, 09:57:58 PM
 #1586

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
There is no such limit set that there will be a standard time to state that it is too late to buy bitcoins because bitcoin buying is always open for everyone whenever, wherever and whatever the situation is.  It is just so happen that bitcoin became a fast growing cryptocurrency that has already been used worldwide that results to its continuous price rate hike that it seems there is no opportunity of buying it for a low price. As long as you have the fund to buy bitcoin it will never be too late; but on the part of the small time users it might be the late time because they cannot afford buying one for a low price.

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September 01, 2017, 01:39:57 AM
 #1587

No. Definitely not. Thousands of people buy Bitcoin every day, and it is projected to go another 100x in value within 15 years.

wow wtf from where did you took that information? i know most people on here (including me) are optimistic about bitcoin price, but 100x in value? i dont see bitcoin going to a half million dollars, forgive me.
Two years ago, who expected bitcoin to reach $4500? Optimistic expectations push the price upwards, and keep doing so.
Bitcoin has doubled every couple of months. Another 10x or 100x is possible, given enough time.
People are not like all of  us the newly ones who enter the crypto world doesn't have a specific knowledge about bitcoins future and they are still doubting when to buy until they comw to the point thelat bitcoins price is in next price ath. and repeadtedly doubting. For meif theres a time and they have the money buy bitcoins right that time don't doubt and think long term.

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September 01, 2017, 02:49:50 AM
 #1588

No its never too late to buy bitcoins, as long as you can afford it, you can buy it, there are lot of companies who sell bitcoins such as coinbase for example and many more.
DoublerHunter
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September 01, 2017, 03:37:23 AM
 #1589

No its never too late to buy bitcoins, as long as you can afford it, you can buy it, there are lot of companies who sell bitcoins such as coinbase for example and many more.
Bitcoin is affordable anytime for any person because it only depends on their capital. If they want to invest 200 USD then they can do it because bitcoin can also buy as decimal form and not always in whole number so you will not have any problem in buying bitcoin even the price of bitcoin reaches 10,000 USD you can still afford it.
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September 01, 2017, 03:53:30 AM
 #1590

According to most, BTC is still considered in the second stage of early adapters so by that very definition, we are nowhere near late. Then again, late or not late is very subjective. If you believe in the very core idea behind BTC and the coin would jump 10 times fold in another "X" amount of years, that wouldn't sound too late in my humble personal opinion right Huh

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September 01, 2017, 04:04:54 AM
 #1591

It never is,we are only at the inception of something great
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September 01, 2017, 04:13:37 AM
 #1592

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
nope, its never too late to buy bitcoins, because no one knows when will the value of bitcoins increase or decrease, but don't be too much greedy about bitcoins because it is tax free, but worry because you won't know if the money that you payed will be lower than the value that you will withdraw, but this can also give us a big amount of money if we think about the strategy and its techniques in earning bitcoins and money. Grin
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September 01, 2017, 04:19:23 AM
 #1593

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
nope, its never too late to buy bitcoins, because no one knows when will the value of bitcoins increase or decrease, but don't be too much greedy about bitcoins because it is tax free, but worry because you won't know if the money that you payed will be lower than the value that you will withdraw, but this can also give us a big amount of money if we think about the strategy and its techniques in earning bitcoins and money. Grin
Even we have bitcoin just now it can come along way if we continue to add some for holding. Btc been increasing  drastically so we should work hard to get the chance to earn more whenever it pumps.
thunderbitz2717
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September 01, 2017, 05:07:49 AM
 #1594

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
Of course not, as long as its reaching 10, 000$ or more its not too late to buy bitcoin. That's why its been many times were most of the member in this forum saying buy bitcoin at any cost as long as you can afford to buy it before its too late.
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September 01, 2017, 05:17:49 AM
 #1595

Even the blind can see that crypto Currency is making people millionaires all  over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
No it is not too late to buy bitcoin.Because bitcoin is such a useful and important thing.Bitcoin is useful by many people and bitcoin is a very good thing for you .You can invest in bitcoin and make your money productive.
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September 01, 2017, 06:07:59 AM
 #1596

Probably not. I keep buying small amounts with my spare money. Some of my latest transactions were at about $3200/BTC, then at $4000/BTC. I always thought that it may be the peak, at least for some long time (months), but so far it continued to rise...
The current price is 4575 dollars, I think and there are still four months left in completion of 2017. I have been asking myself this lately that what would be the final price of BTCs before 2018 and my estimation says it would be somewhere around 7k dollars. That's why I am still buying BTCs in very little amount because it's worth it.
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September 01, 2017, 06:21:47 AM
 #1597

No every day is good for buy bitcoin. first i see when btc price is 600$ then it price regularly increase. its price dump but it not long time regularly is pump. so i tell you can buy btc.


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September 01, 2017, 06:22:56 AM
 #1598

no its not, there are still a lot of posibilities that bitcoin will increase more price, every year its price is increasing. a lot of users of bitcoin was added and they are promoting it to their friends, relatives , etc. so because of that bitcoin become more popular so its demand was also increasing.

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September 01, 2017, 06:28:19 AM
 #1599

BTC I don't think its late and in fact for 2-3 three years it won't be. The price of bitcoin is in the upward trend ever since it was created though it had its share of volatile price decreases, but as more and more people know of it and the demand keeps on increasing the value of Bitcoin will be upwards. Government policies and threat of aggression from countries like North Korea has significantly increased the bitcoin price as the Asians are dumping huge cashflows in Bitcoin.
       But lookout for price changes and try and time the purchase if possible. track its value and make judgements based on your own analysis. Its never too late but hope the value keeps on increasing.
Good Luck Smiley
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September 01, 2017, 07:20:24 AM
 #1600

Not too late, as we know the price of bitcoin is currently quite high. if you can afford to buy at current prices, why not? Because bitcoin every year will rise again. If you can not afford to buy at current prices, wait a bit better when bitcoin prices go down. That's when you buy as much bitcoin as possible, because once the bitcoin price goes down, it will definitely rise back higher and you can benefit from your sales.
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