Can my economy be fulfilled in the future with Bitcoin?

[ufaiz50]

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?

It's clearly wrong that you buy not based on crypto market analysis and prediction, because there is no guarantee that bitcoin will suddenly rise after you buy, volatility can occur anytime from up and down, make sure you know more about the advantages and the ris k is in crypto if you want to buy bitcoin or altcoin.

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[squog]

Well you are right but don't ever think that the profits you will have is a sure thing. It may come that bitcoin would fall even more because you have to remember that last year it peaked only shy of 1000 and the next year ballooned to 10000. Nonetheless i still believe you'll still get profits from your investments.

[spongegar]

Nope! It's actually a good strategy to buy on a dip and sell on a spike. But you have to time it right. You have to to time your transactions on the peak of either spike or dip for optimum profit. Then again, there are alot of things that could go wrong with your transaction so always be on your toes and keep your ear to the ground.

[Samuel Cofie]

I think Bitcoin can only grant you some level of financial freedom if you committed to investing the coin to make some good money. Aside that, if you not making any investment in Bitcoin, i doubt how it will be possible for it to grant you financial freedom.

[Meowth05]

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?

No, you were not in fact, that is the right thing to do. Buy coins as much as you can because sooner or later Bitcoin will pump and will become enormous. Bitcoin had reach the $20,000 value last year an this is the highest amount of bitcoin has attain so far and bitcoin is still young so it will increase due to gradually increasing of demand.

[Pattart]

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?

It's clearly wrong that you buy not based on crypto market analysis and prediction, because there is no guarantee that bitcoin will suddenly rise after you buy, volatility can occur anytime from up and down, make sure you know more about the advantages and the ris k is in crypto if you want to buy bitcoin or altcoin.

If you intend to make a long-term investment for the next 5 years then you are not wrong, because basically prices in the next few years will be higher than today. but if you trade, then do the analysis first don't buy when the time isn't right, it's true what you said the price could be dropped after you bought it..

[gambitcoin53]

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?

just invest an amount that you can afford to lose, placing money in bitcoin or in any other coins are risky, if you really want to invest your money, make it a long term investment, put money that is not intended to cover major expenses such as monthly dues, if you really want to make it big in bitcoin investments, go for the longer term, and do not panic sell when the price hits even lower than you expected. play safe, and gets some contingency plan in case your portfolio doesn't materialized as expected.

[Karakas]

to buy bitcoin with all the wealth you have, I do not recommend it, try to be a wise person and not just look at the profit side

[Maricel2017]

If the bitcoin will exist longer i think the economy of all people will be improve and many people will live without money problem and have freedom on spending it, bitcoin are now big part of my life even it is my secondary source of income but still it is continuous giving me more income and i am satisfied with it.

[patarfweefwee]

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.

[el kaka22]

I think Bitcoin can only grant you some level of financial freedom if you committed to investing the coin to make some good money. Aside that, if you not making any investment in Bitcoin, i doubt how it will be possible for it to grant you financial freedom.

It all balls down to the level of knowledge you will certainly have anyway when it comes to things like that because as far as I am concerned, the only way anyone can make any tangible from this space is to be able to have what they can use to make decisions and that is the detailed knowledge of the space.

It takes understanding to know when you should obviously be buying into a market; it takes understanding to know when you should be selling and so many more. Overall, making sure about within bitcoin ecosystem will ensure that we are also into race and staying competitive.

Best way to stay in the zone where you can build up something substantial for yourself in the long run is by taking advantage of the opportunities that abound with knowledge. Bitcoin along with new innovations based on blockchain technology is going to dominate into every business and and every individual's life cycle, hence getting fulfilled in regards of economy due to bitcoin is almost assured one.

[Barretwallace]

Your economy will run parallel to the crypto market. Countries now have strategic plans to bolster their economies. Possible future Bitcoin will be the engine for economic development.

[wuvdoll]

Nope! It's actually a good strategy to buy on a dip and sell on a spike. But you have to time it right. You have to to time your transactions on the peak of either spike or dip for optimum profit. Then again, there are alot of things that could go wrong with your transaction so always be on your toes and keep your ear to the ground.

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.

[icecream sandwich]

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?

i think that is good decision. While the price of the coins is kinda low, try to buy some because sooner or later, the price of it will pump and become more profitable than usual.

[lebrone08]

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?

There is no wrong with your step. As long as you have enough profit you buy and hold bitcoin as much as you can. Remember bitcoin is very volatile so if you see a big depth take this oppurtunity to hold bitcoin and wait for the perfect time to sell it. Just like what im doing. I just let my coins stored in my wallet waiting to boom and enjoy the huge money that i can get in the future😊☺

[trauchot]

Everything is possible, but you need to calculate correctly how much you want to invest in bitcoins and that's the amount that you will not be afraid to lose, because the market is not stable and at any moment it can fall, so I advise you to completely calculate everything and then invest. Now the market has begun to recover and it is a good opportunity for investment in bitcoins, but no one can definitely say whether growth will be long or not, so think before you act.

[Angelaperry]

There is no doubt that bitcoin will develop more and more in the future. I also believe that Our future will be filled with bitcoin

[max fray]

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?

In December 2017 the price for one btc exceeded $20,000 and now it dropped to $6,300 - more than three times.
If you think that you're okay with such fluctuations, then it's never too late to invest in a couple of bitcoins and get your profit sometime.
But remember that one should invest only the money he is not afraid to lose..

[reynald70]

There is no doubt that bitcoin will develop more and more in the future. I also believe that Our future will be filled with bitcoin

Yes, I hope that in the future Bitcoin will become increasingly scarce so that the price of Bitcoin will be more expensive, so Bitcoin will be able to improve the economy of people who hold Bitcoin in the future.

[munareal]

Bitcoin had made a lot of people millionaires last year 2018. People have a better opportunity to excel than when using the fiat currency and you can do well too with cryptocurrency as its value with grow ith time