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Author Topic: Staying away from Bitcoin for 5 years  (Read 1203 times)
First77 (OP)
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May 13, 2018, 05:42:10 PM
 #41

There is no point to explain to him anything, bitcoin price will not go back to 400 dollars, but even if it does it will bounce back and if he leave now he will miss all that for sure. That can't happen, but this guy made us think what if something like that happen and to create some theories.
Price fluctuate all the time, last drop is caused by the sell of in Asia, market lost almost 100 billion dollars in seven days, some alts dropped even more then bitcoin.

Who could imagine Silver price will fall to $9/ounce and gold to $900/ounce. I see DOW Jones at 7000
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May 13, 2018, 06:55:59 PM
 #42

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.

Are you serious. Do you think the bitcoin price will move to 400$ after Five years. Not possible. After the last year end,the price of bitcoin is reduced due to the huge selling of bitcoin. When the bitcoin price start to raise again, some fake news and ban news stop his growth. This is the reason for 20k$ to 6500$.Now the price of bitcoin is recovering and in few months .The price of bitcoin will reach 20,000$ again.

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May 13, 2018, 07:05:49 PM
 #43

I would like to know,which make you to take this decision.Being a day trader,I was enjoying with the profit from the bitcoin trading and use to inverse back in bitcoin.Finally it will give me double amount of profit.I would like to ask one question,don't you want this profit?
I think due to fluctuation of bitcoin price,you are speaking like this.But for me this fluctuation make to get some profit in short period.



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cryp24x
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May 13, 2018, 08:45:20 PM
 #44

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.

If you have Bitcoin on hand, then that's good. Because if Bitcoin will get higher then you will benefit after 5 years. We cannot change your decision. It is your money and it is your choice. We will not gain from your loss or loss from your gain. If you do not do trading, then it is easy for you to quit because trading is one of the best strategies to generate more income from Bitcoins because of its volatility.
Rage
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May 13, 2018, 09:24:36 PM
 #45

There is no way that bitcoin can go lower than $5000 again, and there is no way that we can compare it with silver, or gold, or any other asset, because it is almost impossible to compare all of them.. Came on.

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May 13, 2018, 10:49:05 PM
 #46

My friend I think waiting bitcoin to come to the lowest price like what you mentioned ($400) is not possible and will never ever be. As you can see that bitcoin is now accepted in all countries that supporting crypto currency and also to a country that bitcoin is not declared illegal nor legal. Having such huge of community, makes your expectation loss the possibility to come to reality. This is how I'm sure with my opinion and observation.
coinluisa
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May 13, 2018, 11:56:34 PM
 #47

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
I think in 5 years is more than expensive than now so if stay away in bitcoin for 5 years then comeback I think you cannot afford it because of higher price it depends if you have capital to afford it. Much better to buy now hold it for 5 years so you can get a profit after 5 years.

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May 14, 2018, 12:37:53 AM
 #48

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
If you buy bitcoin now and leave it for five years and come back, you will be surprised that you are already a millionaire  Smiley. Bitcoin's value is increasing every year so if you base your speculation on trending, bitcoin five years from now is very expensive.
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May 14, 2018, 02:18:23 AM
 #49


If you buy bitcoin now and leave it for five years and come back, you will be surprised that you are already a millionaire  Smiley. Bitcoin's value is increasing every year so if you base your speculation on trending, bitcoin five years from now is very expensive.

It depends if after 5 year bitcoin will  soar and didn't collapse and become stable for long time,  for sure you will gain more profits but when opposite happen you will regrets as well. 'cause we are not sure if the price of bitcoin will touch down Ath after 5 years.  Because of some causes that always exist nowadays , and i think whales is the common example that really affect bitcoin price when it occurred.  So we are not sure if holding bitcoin for 5 year is good or not. Unless if those manipulation disappear in the market  IMO.
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May 14, 2018, 02:33:26 AM
 #50

The OP must be a frustrated investor/trader who got stressed by the high volatility of Bitcoin. If this guy store some Bitcoin in his wallet and forget about it then come back after 5 years, then that would be quite a good decision out of frustration. But, when coming back after 5 years without anything in wallet, that would be a complete disaster for the OP as the price will surely multiply as years pass by.
goaldigger
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May 14, 2018, 05:29:22 AM
 #51

Its a lot better that the guy who sell all his bitcoin because he loses faith on it. If you will take rest for five years but still got a crypto onhand, the return would likely be a boom. If things stressed you out, the best you can do is rest not to lose hope. See you om five years mate, and see the difference.

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First77 (OP)
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May 14, 2018, 12:58:44 PM
 #52

If you buy bitcoin now and leave it for five years and come back, you will be surprised that you are already a millionaire  Smiley. Bitcoin's value is increasing every year so if you base your speculation on trending, bitcoin five years from now is very expensive.

After 5 years, if I get to buy Bitcoin at $600, I earn $7500 automatically.

$7500 discount = $7500 profit.  Wink
okala
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May 14, 2018, 03:48:04 PM
 #53

Your prediction is not going to hold sir as it is against all the professionals predictions of the bitcoin market price.  I think now is the best time for you to remain in bitcoin and make huge gain when the whole world began to used it.
SaShiRaJaVu
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May 14, 2018, 11:12:57 PM
 #54

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
From what i know bitcoin cannot be used in criminal activities because it can be tracked and so is the reason many criminals are caught, so before coming to a conclusion make sure you learn about what you are talking about. The crash is not a big deal as i never expected the price to be trading around $10k last year, it is still really high by any investment standards, if you are not interested then do not invest in it. Tongue
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May 14, 2018, 11:29:49 PM
 #55

i am totally speechless with this kind of people,they claimed Bitcoin was used by criminals,thiefs and many more while the fact is everything was used by them to help them do their dirty trick.Bitcoin is our future because we need something to help us improve our financial system and at the same time we need something to help us catch up to our modern technology.
if we keep thinking with this kind of old-fashioned style,it's all about time for us to go extinct.
world won't stop doing its thing and people need to do something to understand and learn from it if we want to survive,it's all about survival.
it's a joke if we are using a modern technology in our real life,but we keep doing those traditional system to pay our need or our activity.

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winterland
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May 14, 2018, 11:32:50 PM
 #56

I bought 10- BTC for 15 000. And now I want to sell only on 10 000. Be aware
That is a very significant amount of money that you invested in bitcoin, can we know why you are selling? Is it only because of the low price? Because if that is the case then that means that you were not really prepared to invest in bitcoin, you only invested because you thought that you could make easy money in a short amount of time, and while some are lucky and are able to do just that you must not rely on such a good outcomes to happen to you all the time.
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May 15, 2018, 03:49:48 AM
 #57

The way Bitcoin is going, $1000 to $20,000 and then to $6,500

bitcoin has always been volatile and the price will eventually recover

...and all the bans worldwide

look at such countries that are banning bitcoin, are countries with a corrupt political system, and are not countries that greatly affect the price of bitcoin

Bitcoin used in many kinds of criminal activities.

gold, money, silver, have also been / are used to commit crimes

I will come back to Bitcoin after 5 years.

hahahahaha

you can go that does not have problem, you do not like bitcoin, but there are a lot of people who like bitcoin and that's what matters


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May 15, 2018, 03:53:06 AM
 #58

Your predictions are baseless so please don\t spread such type of FUD news and i will suggest hold for some weeks or months and come back after September 2018.

batang_bitcoin
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May 15, 2018, 05:15:48 AM
 #59

You can come back anytime you want. This is just a way to avoid the fear that you are feeling right now.

But your reasons aren't really good to hear so why you are staying away for 5 years. If you decided to come back make sure that you have stocked a lot of it.
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May 15, 2018, 05:29:53 AM
 #60

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
I appreciate your thinking about bitcoin. In this day bitcoin is not for investment due to high bump and dump. From $9800 to $8500 today. What is this? Can you imagine any crypto can be so volatile? It is just non sense. I will never invest in bitcoin till the price become stable to some extent; because I don’t want to lose my hard earn money in seconds. 
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