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Author Topic: Does it make any sense to buy Bitcoin now?  (Read 1788 times)
drakegon (OP)
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December 15, 2017, 09:20:27 AM
 #1

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?
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iwillhodl
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December 15, 2017, 09:24:21 AM
 #2

Does it make any sense to buy Bitcoin now? Isn't the price too high?[...]

Probably people thought same thing when price was about 50$

Will it ever offer 30 000% returns?

Hard to know, and probably hard to achieve, but I think about 3000% return is still real to do (ofc not surely)

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December 15, 2017, 09:29:42 AM
 #3

Now its high time to buy bitcoin. It has proved its value, but before doing that, analyze the history market to buy at the lower price for the moment. Good luck.
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December 15, 2017, 09:32:26 AM
 #4

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

It is always better to buy bitcoins because the price of bitcoin will keep increasing forever.So it make sense if we buy bitcoin now.
The price of bitcoin is too high now but in few year the price of bitcoin may reach $1M so when compared both price currenct price is too cheap.
Maybe it will give 30000% if your investment in long term like more than 10 years.

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December 15, 2017, 09:35:07 AM
 #5

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

People had this exact same thought and question when bitcoin was at $300 and look at where it is now.
So it will always make sense to buy bitcoin depending upon your holding strategy. If its a long term then you can buy anytime, but if you are into just day trading and quick profit, then you'll have to think about when is the best time to buy and sell.
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December 15, 2017, 09:35:37 AM
 #6

Please continue to buy bitcoin, i need to sell mine at a better price.
gustaf.berg
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December 15, 2017, 09:37:33 AM
 #7

Now its high time to buy bitcoin. It has proved its value, but before doing that, analyze the history market to buy at the lower price for the moment. Good luck.

Agreed. I also think it is time to buy even more because all indicators are showing that bitcoin is going to hit 20K first and keep on its journey.
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December 15, 2017, 09:43:14 AM
 #8

Does it make any sense to buy Bitcoin now? Isn't the price too high?

Some say that Bitcoin will fall. Then it doesn't make sense.
Some say that Bitcoin may get to 20-20k before the year ends. If you believe them, you better buy asap.
We can't tell what's going to happen. I believe that even if it may fall, it will also recover to even higher levels.


Will it ever offer 30 000% returns?

300x returns? No. But some say it could easily reach 1 million until 2020. That's 58x, not very bad.
However, if this is what you expect, you better stop investing now; with such expectancy you'll fall for Ponzi schemes and you'll lose your money.


All in all, if you believe that Bitcoin is a good project, if you believe it didn't reach its maximum potential, then you can buy.
If you are just a speculator wannabe, you have a lot more to learn before starting to work on real money.

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red123
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December 15, 2017, 09:45:22 AM
 #9

I prefer to wait until holidays when people forget about crypto and price will fall
cryptotask_support
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December 15, 2017, 09:47:38 AM
 #10

Of course. Look how it jump last night from 16.5k to almost 18k. You can always earn more BTC by trading alts etc. This is your chance to change your life, dont miss it. Remember just dont panic sell, price always returns back to highs in case of btc Cheesy
smyslov
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December 15, 2017, 09:48:47 AM
 #11

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

Check out bitcoin history and experts predictions then decide for yourself people who thought that buying bitcoin at $600 at that time and did not push through are now blaming themselves for not doing so, I understand the price is way to high now but we never when it will hit $50,000
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December 15, 2017, 09:50:09 AM
 #12

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?
That's a total incongruous thing you're expecting here. 30,000% return is absolutely insane, it's a investment but duh.. Why do people want to expect so much by literally doing nothing? Agreed to some extent that people are lazy including me but still. 30,000% return is not the expectation that one should have, rather one should have something which is reasonable and sensible. Go and give a little use to your freshly installed brain.

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December 15, 2017, 09:50:58 AM
 #13

I prefer to wait until holidays when people forget about crypto and price will fall

Hahah you wish, the main topic of this holiday season will be bitcoin. It will only go up, maybe, maybe not. But if the prices continue to climb FOMO would only get bigger. I can see 23-25k per a bitcoin till new year.
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December 15, 2017, 09:51:14 AM
 #14

Now its high time to buy bitcoin. It has proved its value, but before doing that, analyze the history market to buy at the lower price for the moment. Good luck.

Agreed. I also think it is time to buy even more because all indicators are showing that bitcoin is going to hit 20K first and keep on its journey.
Right.Obviously bitcoin is following an increasing value today and i'm very sure of it that this time buying bitcoin at a high price would really mean a big thing.It would still mean a big profit if you buy and hold it for a long term investment.

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E50M
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December 15, 2017, 09:55:24 AM
 #15

I think it makes sense to buy bitcoin now. 1 USD was worth 8 UAN in Ukraine for many years. nobody believed that it would cost 12 UAN. 1 USD became worth 27 UAN for half a year. the price rises quickly to all!
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December 15, 2017, 09:56:56 AM
 #16

I think it depends on your investment strategy. it will probably not work for day trading right away. But again to say, "Bitcoin is higly unpredictable" by the looks of it.
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December 15, 2017, 10:00:31 AM
 #17

It definitely does make sense. 2018 will also be a bullish year for bitcoin or generally cryptocurrencies. There was surge in demand in last quarter of the year 2017. During this quarter, many new investors and banks came into bitcoin bringing in billion dollars. Same or rather better will continue in 2018. Bitcoin has just gone into mainstream economic landscape. It has potential to grow more before it ultimately becomes a bubble and burst.
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December 15, 2017, 10:01:02 AM
 #18

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?
This questions had been asked many times before, whenever Bitcoin price reaches another all time high and Bitcoin still continue to break its record and then people will ask the same queston over and over again. There are still a lot of countries, businesses and people that can potentially adopt Bitcoin so there is no reason to stop investing on it. It may not be the right time to buy Bitcoin if you want to make profit in short term but it can still give you huge profit if you will just buy now and hold it for a year or two.
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December 15, 2017, 10:01:16 AM
 #19

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?
Yup it is reasonable to invest in Bitcoin now. But if you want a 30 000% return of investment, you will need to wait for years because Bitcoi's market value is volatile even if it is continuously increasing for a long run. That's a big percentage and it would take years for that interest to be reached so patience is a must.

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December 15, 2017, 10:06:14 AM
 #20

I think so. Let's assume that Btc now is cheap prize 17699$ when we compared to the coming prize assuming of 20000$ in 2018 January. Just a presumption.
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