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Topic: Can my economy be fulfilled in the future with Bitcoin? - page 13. (Read 2883 times)

full member
Activity: 504
Merit: 102
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?

Yes, this is really a good opportunity to buy Bitcoin at the moment since it is so cheap and we all know that the price of Bitcoin will soar someday.
newbie
Activity: 84
Merit: 0
I wont say irs riskless but its still not a bad idea to invest right now in bitcoin, since its price is decreased. But you have to be careful because the price may still go down as i heard. And about the future security, well its not that sure, that you will have huge amount of profit. So i would say, be ready for the consequences before you invest your whole money on it
member
Activity: 392
Merit: 10
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You are perfectly right with your decision. This is what most of the people forget and do mistakes while investing in bitcoin. But as you have taken the right thought then I am sure you will have the right step forward too. Because just look around you, bitcoin has taken the giant leaps meany times in its journey so these ups and downs are cycle changes according to different facts so I am pretty sure this year is no different. You can always choose to invest in such time.
The economy is changing and developing strongly thanks in part to the electronic money market. Especially the appearance of bitcoin copper has contributed relatively strong to the current market. Bitcoin will bring users the best, it will be a solid economic resources. For those who believe in it, you should consider before joining and need to equip the knowledge to apply.
sr. member
Activity: 630
Merit: 256
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You are focusing more on the outcome rather than what is the pathway to reach that outcome. You should consider yourself educating first before you can even jump into the bitcoin. Everyone think that they can make money out of the bitcoin by just buying it and holding for some time in the future.

But that is not true. Many times bitcoin will show you hardest time where it is dumping itself below -50-60% from your entry point which is also your break even point. If you do handle that situation properly then you may end up having improper sell outs and thus loosing your money.

Its not as easy as 1, 2, 3 to buy and hold bitcoins. You need lot of preparations before hand!
hero member
Activity: 882
Merit: 500
I still don't know for sure, but I remain optimistic that bitcoin in the future can meet our economy. We remain patient whatever happens with bitcoin.
Well this is hard to predict because of so many reasons that can easily push down the value of Bitcoin. One thing that can change this fact is that if Bitcoin is recognized all around the world, it will become internationally a medium of exchange and the whole trading will have a shift towards Bitcoin for there would be no need to deal on the exchange of currencies. Besides, paying across the borders will be much easier and instant than today so I think Bitcoin will have a great future.
newbie
Activity: 31
Merit: 0
maybe. But I'm not sure your business can apply bitcoin to your economy. If you offer the best projects, then bitcoin can help a lot with your business.
jr. member
Activity: 364
Merit: 3
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I also believe on that your economy will be fulfilled in the future with bitcoin ,this can be realized through the hardwork and plenty of patience then you will come up with a good future in the bitcoin investment, so continue the right path to success with crypto.
newbie
Activity: 26
Merit: 0
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 investing money in bitcoin are riskful.We dont know if we invest or buy bitcoin in lowest price we can get our money back in double price.You must think twice and more if your decision to invest in bitcoin is good for you.
member
Activity: 420
Merit: 10
www.coinxes.io
in my opinion having such thoughts is not wrong but no one can predict how fast or how high bitcoin will rise again, who worry about bitcoin will even decrease in value and it will make a loss if you invest all your money here. you and hope that bitcoin will rise quickly and high.
sr. member
Activity: 2030
Merit: 323
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?

You are not wrong, but nobody can predict the bitcoin price tomorrow.  It is true for now the price is a little low if you compare to the last December so it is more affordable to buy.  Just remember invest only what you can afford to lose.
Because of volatility, it is really unpredictable. Bitcoin is showing different prices always. One day it is standing at some level but on other day it may be totally changing or slightly disturbing from focal point. But the fluctuations are compulsory. There is no life of bitcoin without change at every day. We hope there might be some tools invented in future that can predict bitcoin price.
hero member
Activity: 3080
Merit: 603
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?
Wrong with what you have said. as "much" money as you have.

Invest only the amount that you afford to lose but if you have fully believed that it will definitely cross over and goes above $10,000 again, do it.

Your decision of getting attracted to buy at the dip is one of the best thing that you can do today while the market plummets.
sr. member
Activity: 588
Merit: 257
You are perfectly right with your decision. This is what most of the people forget and do mistakes while investing in bitcoin. But as you have taken the right thought then I am sure you will have the right step forward too. Because just look around you, bitcoin has taken the giant leaps meany times in its journey so these ups and downs are cycle changes according to different facts so I am pretty sure this year is no different. You can always choose to invest in such time.
legendary
Activity: 1596
Merit: 1034
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?

Your decision is very right. Because most people think otherwise and not a few people are sorry because they have made a purchase of bitcoin when the price is above $15,000 to be exact in December last year. I am happy with the decision you make and I do the same thing so now we are just patient and waiting for the right time to take advantage of the purchase of bitcoin.
member
Activity: 312
Merit: 11
I think the answer is yes. But at first you have to learn the strategy of bitcoin investment and price up and down effect. Then it can be hoped to have a satisfied economic condition in future.
newbie
Activity: 61
Merit: 0
That's not wrong but also keep in mind that this is not necessarily right because the determinant of bitcoin prices is not just one. It needs to be studied more deeply about variables that are very influential before we decide to buy.
jr. member
Activity: 266
Merit: 7
Risk management is more important, just invest your Inactive money in bitcoin, don't focus on the high price of it in the future.
jr. member
Activity: 83
Merit: 3
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?
investing in the world of cryptocurrency especially bitcoin does have a very high risk. then you have to be careful when investing so you don't get losses.

think longer about what you will do. now the price of bitcoin is not stable, and no one can predict correctly. maybe to be able to return at a price of $ 15,000 takes a long time. You don't have to invest everything you have, but set aside to avoid big losses.
hero member
Activity: 1330
Merit: 569
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 at today, to see you still operating under the assumption that bitcoin price is still below $10000 shows you are not up to date with current events because below $10000 should be > $9,000 which is not the case here.

Price has gone below $6,500 as at the time I am speaking which also comes with its own advantage as an opportunity for you to invest if you have much money to spare.

But it comes with a warning that depending on the targeted profit you have in mind, be ready to be humbled in patience. The market is not stable now and if you are not ready to set your mind away from the volatility, I would advise that you look at other options to meet your investment needs. You are the only one solely responsible for the outcome of your investment decision.
legendary
Activity: 3654
Merit: 1165
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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?

You are not wrong, but nobody can predict the bitcoin price tomorrow.  It is true for now the price is a little low if you compare to the last December so it is more affordable to buy.  Just remember invest only what you can afford to lose.
Definitely bitcoin will have better price than what OP have seen like $15k levels (I assume he has missed to see bitcoin prices when it was trading above $19k). When bitcoin will be having better prices, what actually matter is, how many coins we are holding. People who have mined in early days have sold when bitcoin reached $10/$50/$100/$200/$1000 levels and now regretting. I mean, bitcoin will reach one million USD one day, but now many of bitcoins we are going to have at that time ?

It is not even about bitcoin being the main currency of the world, it is about bitcoin actually being used by the few of us here as a currency. In as much as that is not in play, the market will still always end up being driven by speculations and manipulations, and the result of what we are having now is what we will have to keep dealing with over and over again even in coming years. I believe as time goes on, things would change but we surely are not there yet.
full member
Activity: 504
Merit: 102
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?

You try to be careful though because nobody knows if the price of Bitcoin will ever see again at $20,000 per Bitcoin. But some other people say that it will again see that price so I am in for it.
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