Bitcoin investment - page 8. | Bitcointalksearch.org

jossiel

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Quote from: MiF on August 02, 2021, 04:40:46 AM

I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$

I'm also that person that seeks to see bitcoin at $100k by the end of the year. But what's your plan if it won't be seen as what we're speculating?

Quote from: MiF on August 02, 2021, 04:40:46 AM

may I know what are you thinking this time is it a Time to buy or hold or what ?

Buy and hold if you're not needing your money invested on bitcoin.

suryana

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Quote from: MiF on August 02, 2021, 04:40:46 AM

I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?

No problem mate. It's never too late to invest. The most important thing is that you understand the good and bad risks. And more importantly, the funds you invest are cold money, so you are not in too much of a hurry and don't panic too much if the price of bitcoin drops further. Wait and never sell cheap coins that you want to invest now. We never know when we are lucky. However , there is always hope , that bitcoin will be able to reach the point you want it to .

Gozie51

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You may be correct about the price getting to $100k but the time may also be too close. You have not given any reason for the close time and that may be too risk for you to believe in that, investing with such hope for the ending of 2021 may be a blind investment.

The longtime for bitcoin to get to $100k is very possible, you may focus on longtime, say for example next year . A reason that bitcoin can get to that is with the current adoption of institution talking about incorporating bitcoin as payment system and more can get involved with it before next year ending. For now it is still a good buying investment opportunity but don't hope on $100k during the end of this year. We have few months to go, the time is short.

Lucius

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It’s never too late to invest in Bitcoin, but of course, there are better and worse times when you can do it. By this I mean not only that it was better to invest in Bitcoin 2 or 5 years ago because then it was significantly cheaper than today, but also that only a few days ago its price was below $30 000, while today it is around $40 000. If you buy a larger amount, you can definitely save, or get more BTC for the same amount of money.

Many believe that the price will reach that magical $100k this year, but that is just speculation and nothing more. The real question is not really whether you should invest now, but whether you are investing money that you may need at some point, and can the potential loss of that money cause you major problems in life?

Given that you are aiming for the end of the year and the price of $100k, I can tell you that you actually gamble with your investment - so I recommend that you think carefully about what you will do. I personally believe that this price will be reached sooner or later, but no one can tell you for sure that it will be by the end of this year.

herurist

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there are a few things that I have to straighten out here, the first is true that investing here is indeed a very high risk, not only in bitcoin, in fact, the name of investment, of course, there is a risk that must be accepted. and for such a high price? I think for now it's a bit late to adopt bitcoin compared to a few weeks ago but for the current price it's actually not too high even much lower when compared to the previous ath and of course this is very profitable if you invest here because bitcoin is a future project which is very good.
and regarding speculations that you've read or heard from other people, I suggest don't get your hopes up too high with it and don't trust it too much because here it's volatile so it's very difficult to predict and control.
at least your mindset must be changed if you want to invest here because only if you look at what you say you just want to invest and get instant profits and this I don't think is good. try to research first in doing something and don't be too ambitious and greedy because other people's talk because it's not good

MiF

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I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?

Topic: Bitcoin investment - page 8. (Read 1196 times)