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Author Topic: At what price point per BTC will it be too late for the average person  (Read 2046 times)
eternalgloom
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September 12, 2017, 01:57:35 PM
 #81

It's getting too late for the average person to invest & buy 1 whole bitcoin even now. It's not too late to invest though, buy what you can afford, even 0.1 bitcoin may be worth lots in the future.
I don't think it's too late for the average person in a 1st world country to buy a whole Bitcoin.
Even 5000 dollars is very little for an investment and that's pretty affordable for anyone who makes more than 1200 dollars per month.

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September 12, 2017, 02:14:45 PM
 #82

An average person definition would be a subjective definition due to differences in climes of the society and economic indicators of various countries and because of this singular reason bitcoin will continue to be attainable at all times if not for some set of people in a particular place of the world, it will for others in another place and that is the reason why I wont put a price tag on it.

Some people have said $5000 while others are of the opinion of $4000 as a definition of average. In some countries, you dont have their equivalent in our fiat and you regard yourself as average you have move a step higher above average because the amount could get you a decent house, a car and even some excess remaining. While in other countries, it will just be enough to run the week or a month.
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September 12, 2017, 02:44:40 PM
 #83

Four words to sum up my thoughts on this subject - Its never too late.

Back in late 2013 when I came to know the existence of Bitcoin, I thought I was already too late to put my money in but decided to throw a small amount of my savings when the price was about $250 per coin. Though I couldn't get a full coin at that time, a year later with all my hard work and perseverance, I managed to get my hands on 1 BTC and it had already crossed the $600 mark by then, although it had a lot of fluctuations at that time. Ended up selling all my balance for $750 when I thought it was right and still made a decent profit.
Today we're here at $4000+ and its still an ideal time for the average person to put some of his money into Bitcoin citing the long future ahead for Bitcoin.
Maddinson100
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September 26, 2017, 04:46:30 AM
 #84

It's getting too late for the average person to invest & buy 1 whole bitcoin even now. It's not too late to invest though, buy what you can afford, even 0.1 bitcoin may be worth lots in the future.
I don't think it's too late for the average person in a 1st world country to buy a whole Bitcoin.
Even 5000 dollars is very little for an investment and that's pretty affordable for anyone who makes more than 1200 dollars per month.
It is never late to get started, the price if bitcoin is rising and in coming day it will rise more so that one should invest now to get benefits in upcoming days and can easily get profit on daily basis, bitcoin is now 5000$ and in coming future it will rise again and it is a very reasonable investment to get started and one day this will go to the higher index and give benefit to you.
kelseydustin
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October 08, 2017, 07:07:02 PM
 #85

why we need to buy an entire bitcoin when we do not have enough money? Just buy 0.1 bitcoin or 0.01 bitcoin if you can not afford 1 bitcoin. Bitcoin price will increase in the future so no matter what amount you buy, it will still give you a right profit after a long time holding
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October 29, 2017, 01:47:27 PM
 #86

It is getting close to that point but we're not there yet. If you can buy them for under 10k then you are still winning because the majority of the world doesn't even know what BTC is yet.

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