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Author Topic: I'm still confused?  (Read 477 times)
niotib (OP)
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December 26, 2017, 03:52:49 AM
Last edit: December 26, 2017, 04:09:59 AM by niotib
 #1

For the  first time, when I move to cryptocurrency world (March 2016) the btc price were around $400... it was risen up to $17000 few days ago... 17000/400 x 100 = it's 4520% growth in 21 months.

There's a popular statement such as, the thing what it is existing next to the risk is the success.

Should I believe it and do what I didn't do 21 months ago?
 

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December 26, 2017, 04:04:31 AM
 #2

For the  first time, when I move to cryptocurrency world (March 2016) the btc price were around $400... it was risen up to $17000 few days ago... 17000/400 x 100 = it's 4520% growth in 21 months.

There's a popular statement such as, the thing what it is existing next to the risk is the success.

Should I believe it and do what I didn't do 21 months ago?
 

Since bitcoin is now expensive, I also even regretted that I didn't buy it when it is still cheap. Now their are lots of alts out there that shows potential in just days and weeks. If you don't want to remake the mistakes of the past, then it's our your time to buy those coins now. Look at coinmarketcap and there are lot's of coins out there.
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December 26, 2017, 06:29:31 AM
 #3

For the  first time, when I move to cryptocurrency world (March 2016) the btc price were around $400... it was risen up to $17000 few days ago... 17000/400 x 100 = it's 4520% growth in 21 months.

There's a popular statement such as, the thing what it is existing next to the risk is the success.

Should I believe it and do what I didn't do 21 months ago?
 
Even though,you area little bit late now,still you could buy bitcoins now since its price is $15,170 today when compared to its last week price of $20,000.So,still you have a possible chance of earning more than $4,000 for a bitcoin if its price reaches atleast its previous ATH.But don't expect short time hikes in the price as mostly bitcoin is bought as a long term investment.

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December 26, 2017, 06:32:28 AM
 #4

For the  first time, when I move to cryptocurrency world (March 2016) the btc price were around $400... it was risen up to $17000 few days ago... 17000/400 x 100 = it's 4520% growth in 21 months.

There's a popular statement such as, the thing what it is existing next to the risk is the success.

Should I believe it and do what I didn't do 21 months ago?
 
Many ask themselves this question, but what kind of question they will ask themselves when it again drops to 3k. So it is impossible to maintain constant growth, there will be a drop only the level of these falls will affect the overall market in different ways.

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December 26, 2017, 06:38:07 AM
 #5

Well you know, nothing will come out if you will keep thinking about the past.. fistly the value of bitcoins will fall and rise at regulat intervals but for sure its not going to fall to such an extent.. at 300$ !! The price may for sure fall but the decrease will be like how it is now.. and people were freaking over it .. and currently the price is rising again .. so you did missed an important opportunity even right now.

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December 26, 2017, 06:44:03 AM
 #6

At this time last year, ETH was less than $ 10, and now ETH has reached an infinitely close to $ 750. ETH is just as amazing as bitcoin, but there are still many people buying ETH. So investing in bitcoin will never be late.

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December 26, 2017, 06:47:51 AM
 #7

Another day, another 'same' question on a good entry point to buy bitcoin. I can remember commenting elsewhere that the time to buy bitcoin is now. You can wait after the SegWit2x hard fork and see how things go from there before buying.
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December 26, 2017, 06:47:55 AM
 #8

Well you know, nothing will come out if you will keep thinking about the past.. fistly the value of bitcoins will fall and rise at regulat intervals but for sure its not going to fall to such an extent.. at 300$ !! The price may for sure fall but the decrease will be like how it is now.. and people were freaking over it .. and currently the price is rising again .. so you did missed an important opportunity even right now.

Can't go living in the FOMO, if you want to get involved and can afford to lose the money that you're putting in then so be it come in. But if you can't afford to lose out on some money then getting involved in Bitcoin (and other cryptos) then I wouldn't get involved.

FOMO only leads to losing out cause someone tries to ride the wave in, and then they lose out.





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December 26, 2017, 06:59:07 AM
 #9

Popular statements are never one size fits all. Sure it could make sense, but you also have to apply some context to it. Crypto is a speculative market and you could just as easily go broke as you could be a millionaire. The most important thing to keep in mind is that it's inherently risky.

The best advice I could give you is to never risk more than you can afford to lose. You could use Bitcoin as an investment but you would be foolish to depend on it for a living unless you absolutely know what you're doing. If you reach a point where you're regularly sweating over exchange rates then I would say you're doing something wrong.

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December 26, 2017, 07:11:05 AM
 #10

The best strategy is still to dollar cost average in.  And don't forget to diversify.  Long term, Bitcoin is still going to be a good buy, at least a better place to hold your wealth than say the fiat money.  Don't be scared by these short term price fluctuations... it's all noise.  Crypto is still a great place to be, just put in little by little and 16 months from now you won't be sitting on the sidelines wondering if you should buy-in.
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December 26, 2017, 07:25:08 AM
 #11

For the  first time, when I move to cryptocurrency world (March 2016) the btc price were around $400... it was risen up to $17000 few days ago... 17000/400 x 100 = it's 4520% growth in 21 months.

There's a popular statement such as, the thing what it is existing next to the risk is the success.

Should I believe it and do what I didn't do 21 months ago?
 

Still you can buy bitcoins and make profits in the future because bitcoin price will continue to grow in the coming years also.Some experts says that bitcoin will reach $1M in 2030 so the current price is cheaper when compared to that $1M.So you just go and invest on bitcoin without any confusion then you can earn profits. Smiley

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December 26, 2017, 07:34:16 AM
 #12

Yes! Bitcoin has the potential to still pump up and no time is late in the crypto world. I think you can start your investment today and stop procrastinating or you keep regretting your tomorrow.
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December 26, 2017, 07:36:00 AM
 #13

If you believe in your investment, then you do it quickly and buy it in a batch, so that you can avoid the risk. If you still feel a little skeptical, don't pay attention to it. It's so simple.
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December 26, 2017, 07:39:07 AM
 #14


Many ask themselves this question, but what kind of question they will ask themselves when it again drops to 3k. So it is impossible to maintain constant growth, there will be a drop only the level of these falls will affect the overall market in different ways.

Do you think price will go back to $3,000? Well in my opinion it will not happen. There is an uptrend in bitcoin and it will retrace and make new highs. But inside I also want bitcoin falls a lot so people who does not have any can grab some.
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December 26, 2017, 07:48:40 AM
 #15

For the  first time, when I move to cryptocurrency world (March 2016) the btc price were around $400... it was risen up to $17000 few days ago... 17000/400 x 100 = it's 4520% growth in 21 months.

There's a popular statement such as, the thing what it is existing next to the risk is the success.

Should I believe it and do what I didn't do 21 months ago?
 
you should believe in bright future of Bitcoin. when you do anything, you have to believe on it. bitcoin price will higher , maybe reach to 100.000 end of 2018. it's normal
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December 26, 2017, 07:51:41 AM
 #16

Should I believe it and do what I didn't do 21 months ago?

The answer is no! think, 21 months ago a child with $500 could buy 1 btc, myself living in a poor country did not cost me anything to go to my bank and buy $500 in bitcoin, I did this many times and for months. but dude... today the reality is another, few people have the financial conditions to go to the bank and deposit $15000 just to buy bitcoin, that is to say that you should not expect that this current price will increase more than 700%.



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December 26, 2017, 07:57:51 AM
 #17

Well I think most people who knew about bitcoin early years when the price were still less than $500 per bitcoin and never invested then. Most of such did not see the future of bitcoin or was as a result of fear. As for me, I have came to understand that even now that the price of bitcoin dropped  is a good time to invest into bitcoin because bitcoin's future is bright.
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December 26, 2017, 07:58:25 AM
 #18

You know, investment is always risky, and usually, your income is in direct proportion to the risk you are taking. You can think about the extent to which you can bear the loss. If you can bear it, you can buy it right away. What do you think of this proposal?
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December 26, 2017, 07:58:59 AM
 #19

We are on the same date when I also know about bitcoin, honestly I  don't have any plans to invest on it at start because what I am looking for is free online money making methods until I realize that I missed the chances to make more profits if I put my all my earned coins to it and did not spend it. Believe on bitcoin like what we are doing and you still have the opportunity to earn what you had missed.

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pootutus
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December 26, 2017, 08:02:32 AM
 #20

Before choosing a project, I think we should know it carefully and know how it works, know its value and its future trend, so that if we invest it again, we will gain more benefits.
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