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Author Topic: Is it too late to buy bitcoin?  (Read 126658 times)
Blawpaw
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July 21, 2017, 07:42:04 AM
 #661

It is never too late to buy Bitcoin. There are some who say it can go up to $500k, and others that firmly believe to see it above $10K in 2020. What do you guys thinK?
sunneybitc
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July 21, 2017, 07:59:52 AM
 #662

Bitcoin is the future currency and world wide famous in online cryptocurrency,buying and selling the bitcoin is own decision but here many doubts are there what will happen to bitcoin,so bitcoin never die and it not too late to buy bitcoin.bitcoin value ups and down so confidently can buy the bitcoin.
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July 21, 2017, 08:09:49 AM
 #663

No it is not, dont worry about the FUD and make profit  Cheesy

Just don't trust exchanges with your money a few days after august 1 and before, to ensure you have all your coins.

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July 21, 2017, 08:11:48 AM
 #664

I would and am buying now it isn't too late as far as I see it even a fraction of a bitcoin is good to have I don't see myself becoming a millionaire from it but it is interesting to be part of it. We just need more places to widely adopt it as a currency.

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July 21, 2017, 08:14:25 AM
 #665

Right now, the price is quite high. It has already risen back to the high spot. Unlike in the past weeks when the price was really lower, the price right now is already going stronger.

But is it too late? No, not yet. Bitcoin's price will still go up. And so buying right now is still a good strategy to make profits later.

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bitcoineverything
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July 21, 2017, 08:37:42 AM
 #666

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.

Hi there!

No one knows exactly what will happen after august 1. There are even some news that a fork will not likely to happen.

Just to be safe and as what is everybody's advice, invest only to the amount you can lose.

We are here to give you all the latest from the Cryptocurrency space!
danjonbit
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July 21, 2017, 08:48:21 AM
 #667

yes, right now bitcoin value is high compare last days, it will make uptrend in the future , but yes as per everyone suggestion that it could go low so invest on what you can afford to loose for now,

THE GREAT DANJON HIMSELF !
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July 21, 2017, 08:49:49 AM
 #668

It is never too late to buy Bitcoin. There are some who say it can go up to $500k, and others that firmly believe to see it above $10K in 2020. What do you guys thinK?
That's pure speculation so basically your words which say "It's never too late" might be a trap for some people who don't really know how the market and the value of bitcoin work.
TBH, the price probably increase after the HF which occur on augusts is all fine and safe for all people, even in the middle of fear due to this event, the price still fastly pumped, guess what will happen in the future.

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JaRViZZ
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July 21, 2017, 08:56:40 AM
 #669

I think now it's time to buy bitcoins, because the price will still fall before August 1. Then you will need to wait for stabilization, price growth and you can make a profit.

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July 21, 2017, 01:07:42 PM
 #670

It is never too late to buy Bitcoin. There are some who say it can go up to $500k, and others that firmly believe to see it above $10K in 2020. What do you guys thinK?

I think $10k in 2020 is most likely to happen (in 2020 we will have a new halving if I'm not mistaken, or in 2019? I don't remember...)

TomUyamot
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July 21, 2017, 01:31:27 PM
 #671

For short term, the best time to buy was several days ago when the price went just below $2000. It was only a matter of days for bitcoin to gain back the lost price. Today it is already on the $2800 figure and still rising for sure. So it is not yet too late after all. Your target should be long term. Hold your newly acquired bitcoins for several months and wait for the gain.
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July 21, 2017, 01:37:06 PM
 #672

No, if you want to make long term investment. But if your aim is to make money in short term, it's not good idea, especially before August 1.
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July 21, 2017, 01:38:07 PM
 #673

I feel the current bitcoin investors to be the second generation digital currency users, because the first generation users were the early adopters who have benefited big through bitcoin. Now its our turn, the second generation users. People may say there is no perfect generation gap, but that's the true fact and in reality now the price is somehow affordable and by the third generation usage it won't be affordable for common men.

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July 21, 2017, 07:20:25 PM
 #674

I would and am buying now it isn't too late as far as I see it even a fraction of a bitcoin is good to have I don't see myself becoming a millionaire from it but it is interesting to be part of it. We just need more places to widely adopt it as a currency.
It is right as just because bitcoin was giving opportunity to people buy bitcoins in a cheap price. Bitcoin having well developers everyone know that after SegWit2x it would be higher than now. So people would love to invest in a high prices of bitcoin. So it is time to invest right now and get bitcoin in a cheap price because after 1 Aug the price would be grows again.
DRaGoN RaNTaRo
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July 21, 2017, 09:01:13 PM
 #675

We all know that there a bad prediction of the incoming segwit also we see the huge dump of value 4 days ago, but now the value of bitcoin was back to normal and more people are missed the rise of value again, more users hesitant to buy bitcoin because they wait the segwit before to invest.
Do you think we will witness price jump like on Litecoin when they activated Segwit?

All predictions are interesting, especially one from John McAfee, hehe
The price of litecoin dropped down after the activation of segwit ,but the news of segwit did make some rapid change in the price and if not for that upgrade the price would still be really low and hopefully we could see some interest in the coin after a very long time.
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July 21, 2017, 09:07:49 PM
 #676

For short term, the best time to buy was several days ago when the price went just below $2000. It was only a matter of days for bitcoin to gain back the lost price. Today it is already on the $2800 figure and still rising for sure. So it is not yet too late after all. Your target should be long term. Hold your newly acquired bitcoins for several months and wait for the gain.
to me i will always refer to long term investment. because in short term investment there are more chances to lose money while in long term investment if you even d not have good experience still your investment will be safe. but for short term investment you need to invest a good amount of bitcoin because waiting for a long time you should get a good profit and that can only be possible through good investment.
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July 21, 2017, 09:12:34 PM
 #677

For short term, the best time to buy was several days ago when the price went just below $2000. It was only a matter of days for bitcoin to gain back the lost price. Today it is already on the $2800 figure and still rising for sure. So it is not yet too late after all. Your target should be long term. Hold your newly acquired bitcoins for several months and wait for the gain.
to me i will always refer to long term investment. because in short term investment there are more chances to lose money while in long term investment if you even d not have good experience still your investment will be safe. but for short term investment you need to invest a good amount of bitcoin because waiting for a long time you should get a good profit and that can only be possible through good investment.

In long term, investment is hard due to several negative effects like fluctuations and technical things. In short term, it's more under your control. So it's not late but I'm not sure if it's the right time to buy btc.
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July 21, 2017, 10:02:05 PM
 #678

As at now I am holding the very for first bitcoins I bought long ago. And I will keep buying any time I have money on me. I don't check the price anyway, because I believe the current prices are just the least price that we could get. Buying is never too late if only you have the hope that bitcoin has a good future as it has already shown.
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July 21, 2017, 10:09:24 PM
 #679

As at now I am holding the very for first bitcoins I bought long ago. And I will keep buying any time I have money on me. I don't check the price anyway, because I believe the current prices are just the least price that we could get. Buying is never too late if only you have the hope that bitcoin has a good future as it has already shown.

Exactly. You gain when the price goes up and you don't lose when the price goes down, so long as you hodl.

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July 21, 2017, 10:48:47 PM
 #680

As at now I am holding the very for first bitcoins I bought long ago. And I will keep buying any time I have money on me. I don't check the price anyway, because I believe the current prices are just the least price that we could get. Buying is never too late if only you have the hope that bitcoin has a good future as it has already shown.
I think its too late bitcoin has a very big value now. You must buy it last week i think, when bitcoin price drops off. We need to buy it when it is drop its value because if not maybe we can get a small profit only but it is good to save bitcoin and hold it till the end . Bitcoin will always be good investment.

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