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Author Topic: Is Bitcoin fair for those who buy for the first time now?  (Read 676 times)
entrepmind23
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July 13, 2018, 02:06:04 AM
 #81

There are always an advantage of being the starter. That's why there is a rule "First Come, First Serve". If you started long ago and invested in bitcoin when it does not have any value, you are now a millionaire right now. But because the market is volatile, price drops down and it is a sign that newbies can enter in bitcoin anytime. There are still chance for those who are beginning right now.

Yes it is better for the newbies to enter now compared to the price when it is already hyped. The problem is that some would hesitate to enter the market because they are seeing that it is going down or moving sideways and with additional FUD that bitcoin is dying so it is up to us then who are more knowledgeable than them when it comes to cryptocurrency why bitcoin has that price now. Always make sure to state that it has high risk but the rewards that they can reap is potentially high too.

For me, we should not compete with those who invested before and those who had just invested, what matter most is that those who are now investing now had given their means to earn from it, though it will not be big earning like the first investors but they will also get there later on as long as they look on positive side. That is why i still conclude the fairness of it.

I even consider myself late already in investing when in fact I invested when the price is below $500 because I should have done it when the price is below $100 but unfortunately I ignored it before. There is still time for those people though to invest and earn from it especially that people are getting positive and anticipating bitcoin ETF.

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ZeusTrade
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July 13, 2018, 02:46:05 AM
 #82

I think it would be necessary for someone with a great platform or company to start adopting
in mass bitcoin there the population felt more confident but who with bought years ago will not complain if but people enter because that happens in one way or another the demand would increase but as I know only three years and already got up well but not that formal employment continues to encourage people to know our world
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July 13, 2018, 03:33:50 AM
 #83

As an economist, I worry about a lot of issues related to economies in this world.
Bitcoin is surely a revolution, but I worry that it is highly unfair for the older generations and the people who join Bitcoin in later periods.

 

Most people in the world do not hold Bitcoin or any other cryptocurrency. If they started buying it, prices would soar and there would be a huge purchasing power transfer from those who got later in to those who got in earlier. For these people, staying in Fiat currency will be the best option.

Also, there is the issue of scalability and of the timeframe of existance of Bitcoin.
Isn't it better to jump try an ICO? And following this reasoning why invest in an ICO now when something better may come later?

I think many of the discussions about cryptocurrencies leave out those of our society who have less access to information and new technologies.

What do you think?
Thank you.

Yes of course, because the bitcoin price is so low than before. And i think this is the right time to buy them a bitcoin.

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July 13, 2018, 04:00:31 AM
 #84

If we look back where the early Bitcoin adopters bought their coins for a relatively low price, then sell them when the price of nys soared. And I'm sure in that generation no one was holding their coins for now. So there is not much difference in those involved in the early stages and we are involved in the current stage.
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July 13, 2018, 05:42:35 AM
 #85

As an economist, I worry about a lot of issues related to economies in this world.
Bitcoin is surely a revolution, but I worry that it is highly unfair for the older generations and the people who join Bitcoin in later periods.

Most people in the world do not hold Bitcoin or any other cryptocurrency. If they started buying it, prices would soar and there would be a huge purchasing power transfer from those who got later in to those who got in earlier. For these people, staying in Fiat currency will be the best option.

Also, there is the issue of scalability and of the timeframe of existance of Bitcoin.
Isn't it better to jump try an ICO? And following this reasoning why invest in an ICO now when something better may come later?

I think many of the discussions about cryptocurrencies leave out those of our society who have less access to information and new technologies.

What do you think?
Thank you.
As a simple enthusiast it would be fair for both early and old adoptors. For me prices of Bitcoin today is just a bonus to those who have hoard Bitcoins during the early ages because of their loyalty and patience. Staying in a more stable asset is the best option if you are afraid to lose your assets but if you want to gain more profits, ICO and cryptocurrency would be the best choice.
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July 13, 2018, 06:15:42 AM
 #86

If we look back where the early Bitcoin adopters bought their coins for a relatively low price, then sell them when the price of nys soared. And I'm sure in that generation no one was holding their coins for now. So there is not much difference in those involved in the early stages and we are involved in the current stage.
Yeah you're right. besides bitcoin still has great potential. we don't know how much bitcoin prices will go up. because bitcoin users will keep coming and push up the demand. you do not need to be jealous with the early users. we can benefit as they are in the future
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July 13, 2018, 10:05:11 AM
 #87

I think this will depend on the country that you are living in, because your government can make a law one day that will just forbid for you to use Bitcoin, and make your earnings off from it.

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July 15, 2018, 08:56:57 PM
 #88

Since bitcoin is now being bought by more and more people, its value will always grow. Those who first bought dollars also earned more and the same logic applies to bitcoin. All is fair.
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July 15, 2018, 09:15:24 PM
 #89

It is a revolution, and iti s not all about the price of the actual rate, it all depends on the way that you use your bitcoins and how you are looking to keep holding them for a long term. I am more than sure in that it all will be profitable in a near future

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July 15, 2018, 11:53:36 PM
 #90

For me, we should not compete with those who invested before and those who had just invested, what matter most is that those who are now investing now had given their means to earn from it, though it will not be big earning like the first investors but they will also get there later on as long as they look on positive side. That is why i still conclude the fairness of it.

Yeah,don't look on the past just focus on now, as long as you know that you can earn profit then it's fine to invest now. We will see soon that we can also earn huge profit like what others earn. The most important is you are already invested now in crypto.

In the present price I think yes, it is good for those who are first timers in the investing in bitcoins, a good opportunity for them I guess, in the current market where bitcoin is not that expensive it will be a good decision to have investing on it.
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July 16, 2018, 02:50:54 AM
 #91

For me, it should be fine and much more advantage to them since we knew that recent price of bitcoin hits 20k last December and Januart, thus its very nice holding bitcoins rigth now and selling it for profit by end of the year.
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July 16, 2018, 02:56:59 AM
 #92

Bitcoin is a well-balanced market for everyone if everyone has the knowledge and equipment they need before buying Bitcoins. Bitcoin is fair and profitable.  Tongue Tongue Personal opinion
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July 16, 2018, 04:40:12 AM
 #93

It's not just fair enough, it's a jackpot! It's been the lowest drop of price of bitcoin since it hit its all time high last December. If you think it's not fair to invest in bitcoin with regards to its market price today, then think of those investors who are investing in bitcoin when the price is 20,000$.

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July 16, 2018, 06:40:03 AM
 #94

It's not just fair enough, it's a jackpot! It's been the lowest drop of price of bitcoin since it hit its all time high last December. If you think it's not fair to invest in bitcoin with regards to its market price today, then think of those investors who are investing in bitcoin when the price is 20,000$.

If you compare it to december 2017, then perhaps yes. But if you compare it to those that bought at 2015, then it's quite unfair lol. But i doubt that people who bought then expected things to gonthe way they did. A lot probably sold their btcs back then as well. We're all given fair chances and in a few years, people who bought now will probably realize that.

 
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July 16, 2018, 09:26:35 AM
 #95

For now things in the world related bitcoin and creating demand of it seems to be calm enough, of course some countries have already banned bitcoin but not the whole world does that, so there is no need to be worried too much.

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July 16, 2018, 02:08:04 PM
 #96

BTC can only be relatively fair to anyone!
People who knew BTC in the early days all made profits. All the information about Bitcoin has always been published in the online world. Most of the rights are still in the hands of capital.
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July 16, 2018, 04:06:00 PM
 #97

This certainly would be a great advantage for those who buy bitcoin at a low price, they can get their money back with a very large number.
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July 16, 2018, 04:58:57 PM
 #98

There is nothing called fair. As well as the opportunity to come to you you know to hold it, you will grow. Bitcoin too. This is also your chance. You can develop with bitcoin or vice versa
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July 30, 2018, 08:40:53 PM
 #99

Yes it is somehow fair and it will depend on how you will going to play that holdings if you will do day trading or you will just hold it until you get a good profit. But if you are going to ask for those who had been here before 2017 had the highest record on bitcoin market price then those people are the most lucky to get a good market price increase for bitcoin from 200 USD to 19K USD. probably per BTC.
It can be banned or not applied to a new country. But the bitcoin future will prove to the world how valuable it is and how useful the community is. I believe that countries will soon embrace this market because there is a new fast-growing economy.

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July 30, 2018, 09:00:58 PM
 #100

I prefer to build a well-diversified portfolio based on your risk preference and investment goals. And it should include different assets among which are various currencies and projects. I can name you one good Token Sale. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem.
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