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Crafts12
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December 20, 2018, 10:06:40 AM |
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
As of now, I think my country's economy will not be fulfilled by bitcoin for a reason that not ll the people in my country are aware of its existence and benefits. The situation of it are not that good so people might not pay attetion to it. However, in the future where bitcoin is much more successful, I think it will be a help in the economy of ours. |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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darklus123
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December 20, 2018, 10:34:11 AM |
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Yes it is a good strategy but you still need ti invest money that you are willing to lose. Don't invest money you couldn't live withour in the hopes that it will grow. Because maybe on the day you bought the coin, maybe it will take a while before you see profits. So you still need to be smarter in how you invest your money.
How to become smarter in investing, yes it might be a little safer play when you only invest amounts you can adford to lose but it isn't a part of the smarter way tho. Normally,the best time to never miss buying is usually the dips and nothing as sound and good as that because with patience and in the long run, you will still be enjoying the benefits anyway. A lot of people do not take serious and rather panic is when they see the market going down as they certainly wave their minds off the opportunities that comes with a down market rather than taking advantage of it. As long as you can be patient enough, buy when everyone is scared and sell when everyone is going crazy, you will always be able to make the best out of your investment. Bitcoin may hit main stream of adoption within a decade then people may cry for not adopting it, that is the only reason I am firmly holding my bitcoins and watching its fluctuation and when hitting main stream it may fulfill everything we do need.
So you were a part of the hodl team?, yes buying on dips are a good strategy. I usually calculate the deepest btc price base on a 6 months time frame. Since I cannot hold longer than that. I still have that mentality to always use your coins as a your contribution to the market |
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jahepahit
Member
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Activity: 866
Merit: 10
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December 20, 2018, 02:04:01 PM |
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it's not wrong but who are you at the risk you will experience? do you have enough money to meet your needs for the next 4-5 years because bitcoin does not grow within 1-2 years but everyone hopes that bitcoin can benefit next year because many are tired of waiting all this time (2018)
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yrrehc16
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December 20, 2018, 02:34:27 PM |
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100 percent yes for that as BITCOIN is the future currency of the world.
FIAT will end and cryptocurrency will be the main currency in every nation of the world .
we just need more development to get more merchants to accept that BTC is good to have.
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Nahl
Legendary
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Activity: 1652
Merit: 1000
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December 20, 2018, 02:50:44 PM |
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On 2018 the price of bitcoin gradually fall even several days ago it was down to the lower price in this year and for the future purposse there is no late to buy bitcoin especially currently that i think this is the best time to buy but before all of it you have to realize the risk of being holders of bitcoin that volatility will always be part of crypto and there is no guarantee the price will good for next year
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KorakPawon
Member
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Activity: 350
Merit: 11
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December 20, 2018, 03:00:39 PM |
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
Looks like you are dependent and expect a lot in Bitcoin. Actually, we may expect a lot, it's just that you have to think about your readiness to invest in bitcoin. Bitcoin can't be predicted, the price fluctuate and changing at any time. so, you have to be ready to lose besides being happy by getting big profits, of course. |
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criza
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December 20, 2018, 03:11:30 PM |
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Indeed, buying bitcoin today is a good choice since it is low as compared to its previous values in the market. However, buying bitcoin today because it drops to $10,000 from $15,000 is not a wise decision since buying shoukd not only be our concern but how does our expense will come back and how much it will pay us off in the future. As of today, we cannot see yet if the value of bitcoin will increase neither its value go back to where it was. On the other hand, we must not forget that there is still possibility that the value of bitcoin will bring back to its former glory. Thus, you should weigh both options as to how much you are willing to lose, or by how much you wanted to earn.
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rafi035
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December 20, 2018, 04:38:30 PM |
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everything can happen without anyone knowing for sure the development of crypto currencies, if all countries have legalized bitcoin of course bitcoin will be used by many people
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0t3p0t
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December 20, 2018, 04:43:27 PM |
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
This really the best time to hoard now due to downtrend . If you are in doubt then don't invest as simple as that if you are afraid about losing our capital but with Bitcoin I believe that there is a pump coming up next but we can't exactly tell when but still Bitcoin is the best investment I ever know today. I don't care about prizes as long as Bitcoin is accepted online and it could change poeple's fortune and helps economy to rise. |
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nur rochid
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December 20, 2018, 05:00:17 PM |
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everything can happen without anyone knowing for sure the development of crypto currencies, if all countries have legalized bitcoin of course bitcoin will be used by many people
and when that means the price has gone up high, with our bitcoin savings at this time of course we will get rich when it comes. therefore keep your assets and add your assets for the future |
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Lady Coquet
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December 20, 2018, 05:14:45 PM |
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
If the bitcoin will be regulate and stable then there might be a chance tgat the economy of my country will be fulfilled. Addition to that, if bitcoin will continue to prosper and develop then many business and governments will adopt it that may result to massive use and growth of the economy. |
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Akpuv
Jr. Member
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Activity: 322
Merit: 2
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December 20, 2018, 11:49:18 PM |
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
If you are courageous enough to take the risk, then I strongly advise you to do it. Buy enough quantity, and see what becomes of the value in another six months or a year. |
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Janation
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December 21, 2018, 12:04:23 AM |
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everything can happen without anyone knowing for sure the development of crypto currencies, if all countries have legalized bitcoin of course bitcoin will be used by many people
You are stating the obvious. That is obvious that people wil be using the cryptocurrency and the government will be legalizing them though the problem there is that there are a lot of countries that banned Bitcoin. It will be hard for people to change the government's mind. There will always be a development but that doesn't mean Bitcoin will also be your way to become rich. Don't rely on these as we all know how volatile this cryptocurreny is. |
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Santoshi_my_God_
Newbie
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Activity: 35
Merit: 0
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December 22, 2018, 11:42:42 AM |
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
As of now, I think my country's economy will not be fulfilled by bitcoin for a reason that not ll the people in my country are aware of its existence and benefits. The situation of it are not that good so people might not pay attetion to it. However, in the future where bitcoin is much more successful, I think it will be a help in the economy of ours. I think he is not telling about the economy of any country but the economy of his own. Means he is talking about his own financial condition. For him I will say that yes any person who will buy Bitcoin from now will see the price at much higher peak. |
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fianaindriati
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December 22, 2018, 02:58:44 PM |
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
If you are courageous enough to take the risk, then I strongly advise you to do it. Buy enough quantity, and see what becomes of the value in another six months or a year. yes indeed every risk is certainly in any situation. so we must be more careful in choosing everything. yes indeed, if you dare to take the risk, what Akpuv says is true. live it all according to what you want. |
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adzino
Copper Member
Hero Member
Offline
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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December 22, 2018, 03:01:16 PM |
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100 percent yes for that as BITCOIN is the future currency of the world.
FIAT will end and cryptocurrency will be the main currency in every nation of the world .
we just need more development to get more merchants to accept that BTC is good to have.
Fiat will never die or come to an end. Crypto currencies are the future currency but this does not mean that it will completely replace the traditional fiat system. Think about the countries that are extremely underdeveloped. They will end up being detached from the whole global financial system if fiat is no longer used. Both fiat and crypto currencies will co-exist and will be used together in harmony. |
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harapan
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December 22, 2018, 05:40:33 PM |
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if indeed you want to do that, I strongly agree and that is the right step you took.
at this time bitcoin is only worth $ 3400. the right time to buy as much as possible and hold it back for big profits in the future.
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DevilSlayer
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December 22, 2018, 05:49:33 PM |
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100 percent yes for that as BITCOIN is the future currency of the world.
FIAT will end and cryptocurrency will be the main currency in every nation of the world .
we just need more development to get more merchants to accept that BTC is good to have.
Fiat will never die or come to an end. Crypto currencies are the future currency but this does not mean that it will completely replace the traditional fiat system. Think about the countries that are extremely underdeveloped. They will end up being detached from the whole global financial system if fiat is no longer used. Both fiat and crypto currencies will co-exist and will be used together in harmony. It is true that fiat currency will never come to an end because government and powerful people will not let it happen. The cryptocurrencies have a bright future but it can never let the traditional fiat system will die. |
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basyang
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December 22, 2018, 06:31:32 PM |
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
For me its not wrong to do that but make sure you will not put all of your money to buy bitcoin. You just need to left yourself a money. Its not bad to put all your money to cryptocurrency but to make sure that you still have money before the market price increase left yourself an extra money. Think twice before you made a decision because you will regret it at the end if you are not careful with your decisions. |
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hubballi
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December 22, 2018, 06:37:41 PM |
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OP when started the thread that time the price was $10000 and today the price is $3600+ and if OP have bought with full investment on same day then he will be regretting do it, but if he was smart and only invested part then on each dip he would have bought and today his buying price will be averaged. and wait for some more days so that he can be in profit
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