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Author Topic: Is it too late to buy bitcoin?  (Read 126721 times)
ENCrYPtCloud
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November 04, 2017, 12:50:04 PM
 #3081

I think is not too late, the total amount of Bitcoin is fixed, and now more and more people know and investment  Bitcoin, not just individuals, there are many funds, investment institutions...
This is what my worry point, BITCOIN is no bank, neither they are investing money anywhere. But still price is outstading.
ENCrYPtCloud
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November 04, 2017, 12:56:19 PM
 #3082

It's never too late to buy BTCitcoin. The price should go up as long as we didn't acquire yet all 21MBTC, the demand for BTCitcoin will surely become higher as we approach the 21MBTC mark.
By the way we are at 16.7MBTC as of October 2017.
How exactly do we check this, i.e. aqcuisition of BTC. Moreover is this kind of some bench marking.
fixincomp
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November 04, 2017, 01:03:36 PM
 #3083

I think bitcoin will be like gold. Right now and at least for the next 5 years or so its price will rise because there's so many people who haven't heard about bitcoin yet and will jump onboard.
However once it's actually mainstream enough that there's not many people left who can jump onboard, it will fall and people will realize that this outdated technology doesn't have that much value. Newer tech with more potential like ethereum or maybe something completely new will take over.
wangxiaoyan888666
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November 04, 2017, 01:06:29 PM
 #3084

From the point of view of value-added investment, it may be a little late. It has passed a rapid growth period, and there is a certain risk in the short run
ENCrYPtCloud
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November 04, 2017, 01:07:22 PM
 #3085

Now people will regret and say it's too late to buy bitcoin because the price is expensive and has reached more than $ 7100. but I recommend the $ 7100 price is still cheap and not too late if we buy bitcoin, we will get the price of $ 9500 in this year.
I admit this, i have been chanting similar stuff since May 2017, when we all saw bloodshed on BTC, and currency dropped to as low as $1800.
Qurczaku
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November 04, 2017, 01:13:50 PM
 #3086

Well probably price of a Bitcoin will increase in future so I think there is no bad time to buy BTC. Only what you have to do after you buy it is just wait and looking at rate.
Ains_sama
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November 04, 2017, 01:16:24 PM
 #3087

there is no late to buy bitcoin, it's just bitcoin price is very high. but in 2-3 years ahead, bitcoin will be more 2-3x from current price. so buy and save as a long term investment
bitbunnny
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November 04, 2017, 01:21:14 PM
 #3088

The price is very high but it will be even higher in the future so it's not too late for buying if you can afford that. It's important to have some strategy and what do you want to achieve long term. In short term price maybe will not grow so fast and it can't rise endlessly so some corrections are expected too and if you are looking for very fast profit you might be disappointed. So define your goal first.

ENCrYPtCloud
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November 04, 2017, 01:23:59 PM
 #3089

From the point of view of value-added investment, it may be a little late. It has passed a rapid growth period, and there is a certain risk in the short run
But recent blogs by some crypto pundits, says BTC will touch $10000 by Jan-2018, and seeking to current surge i dont find it hard.
FasTroy
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November 04, 2017, 03:20:01 PM
 #3090

The price is very high but it will be even higher in the future so it's not too late for buying if you can afford that. It's important to have some strategy and what do you want to achieve long term. In short term price maybe will not grow so fast and it can't rise endlessly so some corrections are expected too and if you are looking for very fast profit you might be disappointed. So define your goal first.
Your point of view about this topic is correct, In long terms bitcoin definitely is a profitable investment, we all know that bitcoin will increase like every year until now, so as you said, people should define their goal first and if they decide to invest in bitcoin for long terms, it's very good if they buy now and save them for 2 or 3 years, And i am sure that they can get a huge profit depending to how much they invest.

daweiwuli
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November 04, 2017, 03:27:32 PM
 #3091

There has always been a question about Bitcoin, which of course is a good investment because Bitcoin is still in its development stage, the value of bitcoin has not been set yet, Bitcoin is very volatile, so of course you can invest and you can make money To the money, but you have to understand the risks of investment, I wish you good luck. Smiley

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Victorycoin
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November 04, 2017, 08:00:21 PM
 #3092

The price is very high but it will be even higher in the future so it's not too late for buying if you can afford that. It's important to have some strategy and what do you want to achieve long term. In short term price maybe will not grow so fast and it can't rise endlessly so some corrections are expected too and if you are looking for very fast profit you might be disappointed. So define your goal first.
That's the way I see it too, but it is worrisome that most newbies think it's going to be a non-stop flight to the moon., but no market works that way. As a matter of fact, there's going to be a number of market corrections along the way and whether that turns out "a normal occurrence" or "a disaster," depends on a trader's outlook. It needs to be understood that one thing that sets profitable traders apart from other traders caught in the trade-rat-race is their detachment from sentiments towards any asset they trade.
Belkaa
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November 04, 2017, 08:39:01 PM
 #3093

In my opinion its never too late, you can even start mining now. The problem is that you need to be aware of risks and know how everything works in order not to lose all your money.  Bitcoin is here to last for long. Majority of coinmarketcap and virtual currency capitalization is based on versus Bitcoin trading so once evolving other major pair as well , bitcoin might increase. You can also wait for a correction and buy them before they gonna go up again.
damnek
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November 04, 2017, 08:54:25 PM
 #3094

Bitcoin price has a direct correlation to its demand. If demand for it is high, price goes up. Demand is only continuing to grow!
No it's not very late to purchase bitcoins in light of the fact that the bitcoins is going increasingly elevated quickly so there is no terrible time for purchasing the bitcoins on the off chance that you need to be a mogul at all time and minimum endeavors than you should purchase the bitcoins at the earliest opportunity on the grounds that the costs if bitcoins will never sit tight for you in the event that you have purchased the bitcoins than do nothing simply sit tight and look for the correct minute to offer the bitcoins.
Zinkin
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November 04, 2017, 09:59:31 PM
 #3095

From the point of view of value-added investment, it may be a little late. It has passed a rapid growth period, and there is a certain risk in the short run
It certainly is too late to buy, as you can see being at a high price is because many investors have already invested in Bitcoin. Therefore it is going to be hard for you to decide whether you are going to buy, I mean you've already passed the season where it has its 'dump-like' times, because in this time of the year it always gets its price double(not exaggerating).
strocifer
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November 04, 2017, 10:24:42 PM
 #3096

If you wanna make a life-time trade making 1000000% then it's too late, you won't be able to multiply you initial investment by 1000x like early birds on BTC.
If you wanna make a 50% profit trade then it's not too late... but buying a bubble is somehow risky  Grin
dyewic
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November 06, 2017, 03:19:37 PM
 #3097

Bitcoin is not too late to buy now, because many people have not even heard of it, which means that it will continue to develop actively for many years.

For me it isn't too late to buy bitcoin because there is no too late when it comes on oppurtunity. We have a different timelines in life and it doesn't mean that when other people goes to it you're already late. But if you catching the lowest price of bitcoin you are too late because bitcoin in 2009 is lower than you can imagine and if you bought atleast 100 of bitcoins that year you surely now a millionaire.
androidpobeditel
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November 06, 2017, 04:23:57 PM
 #3098

If you look at this question globally, it's not too late. Because if you believe in the development of crypto currency in the future, bitcoin will still grow. But if you plan to trade, then it's worth the wait.
AlexeyVoranov
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November 06, 2017, 04:26:24 PM
 #3099

I think that it is already to late to buy bitcoin because the really great changes in the value is already gone and now a lot of people are already satisfied of how much profit they made. And i agree with them because if you make a lot of money why risk it all away?
Crypdon
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November 06, 2017, 08:23:44 PM
 #3100

It's never too late, but for faster returns you need to buy into alts instead and then convert those gains into bitcoin.
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