Topic: Bitcoin Price at $18,000 On Christmas eve ? (Read 394 times)
As others already said, buying bitcoins using a loan is extremely risky and should never be done. Do not invest more than you can afford to lose. As for $18k in December 2018, I really doubt that it will happen. We are in a full-blown cryptowinter similar to 2014-2016. It may take many months to recover even to $10k.
No one can know it, as bitcoin is not a stock and is very speculative, it can be at every price you can't imagine on christmas eve, so getting loan for investing in btc with this prediction is not wise.
only people who have high ambition and short thinking will do this kind of thing.I want to take a loan next week and buy 1 bitcoin ,hold it for the next 6 months. The interest rate is 10% per a year for 12 months duration. Do you think Bitcoin will be at $18,000 by December 24?. So that considering the price now, I would have make double of my initial capital, pay the loan off and reinvest the profit.
This is not a wise decision to make a loan to buy bitcoin as we don't know if you will get profits. We had encountered a bearish market as the price is getting hard to reach at $10k and no assurance that this will make a good rally to hit $18k. Last year price could not a guarantee that it will duplicate for this year as we had different scenario to consider. Invest only to the amount that you can afford to lose.
More than you think and prediction about that price.
Every year bitcoin is getting higher. As you can see the bitcoin price reach the highest peak of the price in the near month of the year. And expect this year it will surpass the highest peak last year.
Every year bitcoin is getting higher. As you can see the bitcoin price reach the highest peak of the price in the near month of the year. And expect this year it will surpass the highest peak last year.
I want to take a loan next week and buy 1 bitcoin ,hold it for the next 6 months. The interest rate is 10% per a year for 12 months duration. Do you think Bitcoin will be at $18,000 by December 24?. So that considering the price now, I would have make double of my initial capital, pay the loan off and reinvest the profit.
this is a bad move you are making, in November the price of bitcoin may well be lower than the current price. it is possible that in November the price of bitcoin is $ 6000. due to the pressure of central banks and governments, the price is falling a lot and nobody knows if this year will end this pressure, so you should not make loans to buy bitcoin or altcoins. collect money from other sources and buy bitcoins
I want to take a loan next week and buy 1 bitcoin ,hold it for the next 6 months. The interest rate is 10% per a year for 12 months duration. Do you think Bitcoin will be at $18,000 by December 24?. So that considering the price now, I would have make double of my initial capital, pay the loan off and reinvest the profit.
Certainly and will be more than the marked. The ratio takes the value to cross minimum $30K by December. 2018 is going to be a remarkable year for crypto currencies. I have stated the ratio in my earlier posts derived from coinmarketcap.com. The value would start growing in mid of July 2018. 2017 started with $2000 and 2018 started with minimum $4000. We had $21K hit in December 2017, so just imagine, what would be the bitcoin price in December 2018. Just miltiple 4 times minimum. At least we would see $30K this year end during X-Mas eve.
I still think the idea of taking a loan is very wrong. This is the grave mistake that most investors did. You need to chill, read and research more on cryptocurrency before you take an action you will forever regret. There are some people who have taken this same action and are still paying for it because they took loan and invested in cryptocurrency especially bitcoin when the price was $20,000. Now the price is on $7k +, take a good look at their loss.
No one can know it, as bitcoin is not a stock and is very speculative, it can be at every price you can't imagine on christmas eve, so getting loan for investing in btc with this prediction is not wise.
only people who have high ambition and short thinking will do this kind of thing.There is nothing to lose if we believe that bitcoin can hit this price on Christmas eve, I know bitcoin can go higher than $20k level this year. I believe on this and I will keep on working for bitcoin, this will be paid off in the future. But of course, its not a good idea to loan a money and invest on bitcoin, you better save the money that you can afford to lose.
Yeah, I do agree to not loan money just to purchase bitcoin which is not even certain that would pay off in an exact time you need it to be; you are doubling your risk! I would stick to finding a percent on your allowance to invest in bitcoin and hold them off for most time possible.
In my own opinion, it is possible for bitcoin to hit that before the year ends - it happened last year and it can happen again, hopefully.
In my own opinion, it is possible for bitcoin to hit that before the year ends - it happened last year and it can happen again, hopefully.
I would say it's not doubling your risk, but taking a stupid risk.
Just make a plan with the current income and buy BTC according to that, or according to the amounts you would pay back the loan with. Then you are in the safe. Nobody knows how long the next bull-run will take to form, it might be next week, or a year from now, who knows. We can draw fancy lines on graphs but with bitcoin they are mostly wrong.
Yeah, I do agree to not loan money just to purchase bitcoin which is not even certain that would pay off in an exact time you need it to be; you are doubling your risk! I would stick to finding a percent on your allowance to invest in bitcoin and hold them off for most time possible.
In my own opinion, it is possible for bitcoin to hit that before the year ends - it happened last year and it can happen again, hopefully.
In my own opinion, it is possible for bitcoin to hit that before the year ends - it happened last year and it can happen again, hopefully.
Bitcoin could be 18k then, 2k, or 56k. You won't know and getting a loan to gamble on an investment is the riskiest thing you could do. Please get a job, work hard, and don't ever consider this idea again because it is the worst thing anybody can do when it comes to investing.
Why decided making a loan to purchase and invest bitcoin. Invest any amount at least what you have so this claim is not really certain of what price of bitcoin can reach this year. More predictions of bitcoin value has been said and spreading always but no one is certain actually so let's see how much this december.
($50 is about the cost of 2 pizzas per month)
That´s some crazy expensives pizzas
This year-end Bitcoin price is expected to reach 40000 dollars and even more this is analyst analysis on bitcoin price estimation hopefully we can see moon prices hereafter
No one can know it, as bitcoin is not a stock and is very speculative, it can be at every price you can't imagine on christmas eve, so getting loan for investing in btc with this prediction is not wise.
only people who have high ambition and short thinking will do this kind of thing. lol 10% in a single year?? how is it possible? here in my bank, most loans are offered with no less than 40% of interest in a single year, but it goes lower if you take it for a few years.
Not sure what country you are from, but 40% interest on high value dollar loans is mind boggling. The interest rate that my bank offers me on a €10,000 loan is 5%. Other financial services offer even lower rates.The 40% interest rates you are talking about apply to quick loan business looking to take advantage of people who are short of a few hundred bucks. It's a disgusting way of doing business, but no one forces you to use them.
The general idea of loans is that the higher the amount is, the lower the interest rate. There is no way whatever properly licensed financial service will charge 40% interest on +$5000 loans.
lol 10% in a single year?? how is it possible? here in my bank, most loans are offered with no less than 40% of interest in a single year, but it goes lower if you take it for a few years.
Just do it, you can easily make more than a ten percent
Just do it, you can easily make more than a ten percent
No one can know it, as bitcoin is not a stock and is very speculative, it can be at every price you can't imagine on christmas eve, so getting loan for investing in btc with this prediction is not wise.
Considering the value of bitcoin right now it is not impossible to beat or to achieve again the value of 18,000$ again in the next december 24. People in that time will have the money to invest for sure and many people also hoping to increase the price of bitcoin by the end of the year.
but if I think at the end of the year bitcoin prices that can reach the value at $ 18,000 because I'm sure that bitcoin can increase as at the end of last year 2017 I want to take a loan next week and buy 1 bitcoin ,hold it for the next 6 months. The interest rate is 10% per a year for 12 months duration. Do you think Bitcoin will be at $18,000 by December 24?. So that considering the price now, I would have make double of my initial capital, pay the loan off and reinvest the profit.
I do believe that bitcoin will make it more than $18,000 but I wouldn't take off and loan just to buy bitcoin. I'd rather sell unnecessary things that I have such as gadgets for it.Think again if you want to take a loan and risk it since it's still unknown when bitcoin will reach the peak again. We are optimistic but we are not on your shoes on this matter. I really want to tell people to buy bitcoin but not by taking a loan for it.
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