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Author Topic: Staying away from Bitcoin for 5 years  (Read 1206 times)
giantrobot
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September 10, 2018, 09:15:02 AM
 #101

There are plenty of predictions about Bitcoin prices at the end of this year and next year. I think you can come back after a year or two. If you leave Bitcoin for 5 years I think you will regret it. Daily technology, blockchain and Bitcoin. After a few years, you will be surprised and regret your work.
jayveerastrullo
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September 10, 2018, 09:50:35 AM
 #102

Staying away from bitcoin for 5 years is not a bad decision to make on these days. I know price falling 20k to 6k is very hard to accept if you invested big amount of money and i think the best thing to do is to wait until the price of bitcoin reach 20k again then sell all of it because that might be the last time bitcoin will reach that huge amount.

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mr.bean865
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September 10, 2018, 09:59:50 AM
 #103

I guess you are thinking absolutely right. If bitcoins survives that time there will be 2 possibilities. Either it will be bronze or it will be gold or may be it will completely be vanish from the world. Hope for the best
lamcouz
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September 10, 2018, 10:04:47 AM
 #104

whoever call bitcoin as either fraud or ponzi scheme has no in depth understanding regarding cryptocurrency. but once they fully understand it, they will love crypto at all angles. a lot are still beginners or just starting to know bout crypto, so expect various opinions arising, good or bad perspectives. you know better if you are a crypto user for long long time.
arifin eky
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September 10, 2018, 10:10:18 AM
 #105

Are you a beginner in Bitcoin? This happens gradually, where prices are always up and down, now the price is $ 6000 but the possibility of the end of the year will return to $ 20,000 or more.

so wait for the highest price.
prehisto
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September 10, 2018, 10:12:08 AM
 #106

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 2 to 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 $600.

it is very narrow viewed to think that btc criminal activity is a big factor, btc can be tracked and most likely wil be traced in near future by regulators. This is not an issue.
If you cant take the fluctuations, just say so and come back after a year.

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anehh
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September 10, 2018, 10:15:50 AM
 #107

Everyone has their own view of how they will use bitcoin and be active in bitcoin. But in my opinion it is better to keep believing in the power of bitcoin, because by the end of this year or maybe next year bitcoin will definitely rise again in price and give us big profits.
Ahimoth
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September 10, 2018, 10:22:53 AM
 #108

There are plenty of predictions about Bitcoin prices at the end of this year and next year. I think you can come back after a year or two. If you leave Bitcoin for 5 years I think you will regret it. Daily technology, blockchain and Bitcoin. After a few years, you will be surprised and regret your work.
It's really up to you but for me that isn't a good idea as of now because I still have high hopes for this system. Well basically I have a strong feeling that it will still be able to rise again from the mud. You have the freedom to do it but I'm encouraging you to keep in touch with bitcoin because at some point in our life it has been so good.
nightfury
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September 10, 2018, 10:25:11 AM
 #109

You can stay away from bitcoin, sell them all and do the silver way but i have my own way of treating bitcoin too. I can stay away from bitcoin even for a decade but i am going to make sure that i'll keep them in my wallet because i know bitcoin is going to come back anytime soon and what i am doing is the gold way.

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September 10, 2018, 10:27:27 AM
 #110

There are plenty of predictions about Bitcoin prices at the end of this year and next year. I think you can come back after a year or two. If you leave Bitcoin for 5 years I think you will regret it. Daily technology, blockchain and Bitcoin. After a few years, you will be surprised and regret your work.
Well basically you have a freedom to do anything that you want which can be good to you. Do whatever will make you so happy and if it's leaving bitcoin then go for it. But for me I still want to encourage you to keep in touch in this system because this is the next big thing. Well bitcoin has been through a lot these days but it's about to launch again.

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Tipsters
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September 10, 2018, 10:30:28 AM
 #111

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 2 to 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 $600.
The time you set is very long and you are also very negative in your statements. Bitcoin will not stay at the 6k mark until the end of the year because it will surely pump. Nevertheless, please stop spreading the negativity because it will not help the market to revive for it will only make it worst.
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September 10, 2018, 10:37:05 AM
 #112

Bitcoin will rise much earlier than in 2-5 years ! Next year will start an uptrend ! I don't think you should risk not entering the market ! This is my opinion .
Khan Apon
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September 10, 2018, 10:41:55 AM
 #113

Actually in this time i have bitcoin,  i will hold in and after5 years, five years later bitcoin price will make high in the market. When i will sell it and earn good profit of bitcoin. So i will stay in bitcoin in five years to hold it seriously.             
rudox
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September 10, 2018, 11:09:56 AM
 #114

This not the way to go by abandoning Bitcoin for some time because bitcoin need us to continue the support which we are bringing to the system. The issue of bitcoin being used for various crime was as a result of choice by some of us. The intention for Bitcoin was mere P2P transaction so that the extra charge by involving third party will be eliminated. The choice using bitcoin for terror, drug and money laundry were bad choice made by man and never what bitcoin was made for.
First77 (OP)
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September 10, 2018, 11:34:20 AM
 #115

There are plenty of predictions about Bitcoin prices at the end of this year and next year. I think you can come back after a year or two. If you leave Bitcoin for 5 years I think you will regret it. Daily technology, blockchain and Bitcoin. After a few years, you will be surprised and regret your work.

I am also saying bitcoin will be there after 5 years.  Wink So bitcoin has a future as a digital asset.
HeXecutor
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September 10, 2018, 11:37:51 AM
 #116

Well ... it really makes sense. No, it's not that waiting exactly exactly 5 years ... I mean that just buy or forget about bitcoins (if bought) for a while it's great. You can ... even preferably not follow the news about crypto-currencies. And after a while it's nice to be surprised (most likely) ... and then much less nerves will be spent. And then some scream already ...
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September 10, 2018, 11:44:03 AM
 #117

I think that in the future its price will only grow. Not as fast as last year, but the price increase will exceed the fall.

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September 10, 2018, 11:49:30 AM
 #118

If that’s how you see bitcoin in the next five years, then go ahead as you desired but if you haven’t investogated well and just jumped to ypur own conclusion then think first before you act because you may think you experience loss in bitcoin but you might have loss more after five years because of wrong decision. Something to think about.

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freo01
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September 10, 2018, 11:57:32 AM
 #119

I think it's a bad idea to leave Bitcoin now because the adoption is already taking place. In 5 years, I think Bitcoin would be at least minimum $50,000 in price. Just look at the market history, you can see how Bitcoin just slowly takes it's price from $0 to current price now.
First77 (OP)
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September 10, 2018, 11:58:20 AM
 #120

I think that in the future its price will only grow. Not as fast as last year, but the price increase will exceed the fall.

4,000,000 bitcoins were purchased till 2011 for less than $100

$5000 is lots of money. Days of 300% profits are over. At $600 to $1000 only bitcoin will be used by masses worldwide
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