Does it make any sense to buy Bitcoin now? - page 19.

rommelzkie

full member

Activity: 294

Merit: 125

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

30,000 % return? are you serious? if you bought bitcoin at 1 USD your are already at 17,000 % return. but for now i think it is impossible to say.

I dont think bitcoin will reach 1 million usd because the financial industry would not allow that to happen.

mOgliE

legendary

Activity: 1344

Merit: 1251

Hi,

Maybe not 30.000%..
But you know there are many investments that are more profitable over the short-term than bitcoin. If you invest, maybe you should look further, not only considering profits but also what bitcoin allows..

A whole part of the community is trying to build new businesses, develop new opportunities and fight for more freedom. Not just individual profit Wink

Last, no one can grant you potential profit. If you buy bitcoin only for trading.. well buy only what you can afford to lose and good luck!

aizen10

full member

Activity: 546

Merit: 100

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

yes it makes more sense if you bought bitcoin, at this rate , bitcoin price is totally too high to get involve/invest, but im pretty sure that your investment in bitcoin will grow up to 200% in return, because as you can see, from the past (few months later) bitcoin price pump and hit these all time price hike ($18k) and its toward now to hit $20k by this year end. so if you have more doubts about buying bitcoin, it is up to you if you will buy/invest in bitcoin.

Marrionbitcoin

member

Activity: 294

Merit: 11

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

I think you need to wait a bit for the price go dip a bit but not on its highest price. We cannot say how will the price go down this month but there's a possibility to increase much more. Once you bought Bitcoin, just hold it for a month or two because the increase will continue until Feb 2018 as I've read the news but still we cannot predict what will happen in the future. For me, just wait for a dip or a bit low price to buy Bitcoin. I suggest, you need to read the news so that you will get an idea on when to buy. Just be patient and wait for the perfect timing to buy. Also, don't be afraid to take a risk as this is form part of trading. Just enjoy and have fun.

Glutius

full member

Activity: 602

Merit: 100

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

In the near future bitcoin it makes sense to buy always. Even if it is at the peak of value, it will cost even more in six months. Pay attention to the proportion of its growth for 5-7 years. Wink

frmracc

full member

Activity: 728

Merit: 106

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

Lol of course it will not offer 30 000% returns but people still buy bitcoins right now. It's all about speculation, people thought the price of bitcoin will keep going high. In my opinion it's better to don't buy bitcoins for now, because the price is already reach $18,000. I'm afraid a correction will come.

Annihilus

newbie

Activity: 31

Merit: 0

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

if earning money make sense to you, then you can buy bitcoins at any time, the price is new high at all times, it will go to a high place that more than people can imagine

drakegon

member

Activity: 126

Merit: 10

Quote from: shamzblueworld on December 15, 2017, 04:35:07 AM

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

People had this exact same thought and question when bitcoin was at $300 and look at where it is now.
So it will always make sense to buy bitcoin depending upon your holding strategy. If its a long term then you can buy anytime, but if you are into just day trading and quick profit, then you'll have to think about when is the best time to buy and sell.

Yes, but now we are getting closer to the money limit the world has. There are ~350 Trilion Dollars in the world. Bitcoin won't have all of it. It will soon have 1 Trillion. If I buy now, I won't have that 30 000% return.

sharm2121

member

Activity: 238

Merit: 10

ImmVRse | Disrupting the VR industry

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

Because bitcoin is too much high and its become more higher many people wants to invest their bitcoin,because they think the rate will increase more. It make a sense if bitcoin will more increase, but we dont predict when it decrease or increase. So if you want to invest in bitcoin just take the risk if the rate will decrease .

kenjohannes26

newbie

Activity: 56

Merit: 0

As long as you are sure, the doubt will vanish. Indeed, the price of bitcoin at this time is very high, but we do not know the price of 5 years later like what.

bitfocus

member

Activity: 532

Merit: 15

I believe so, I think we steel can invest in Bitcoin (I am buying) as the market is still bullish.

Hexah

sr. member

Activity: 728

Merit: 265

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

Well it would make sense because from own point of view of market Bitcoin would reach on even $25k by this month or maybe by the coming of 2018. You can earn a profit of it, if bitcoin never reach that mark maybe altcoins would pump either as what I heard from many rumors.

Nebucadnezzar

newbie

Activity: 18

Merit: 0

i think the price will grow but the most ppl jst trade with bitcoin and not use it. In the End it can be overpriced but theres no real value behind it. I hope in Future you can use Bitcoin more and more. So if you buy a Pizza for 7€ and the Bitcoin price is at 23000, the bitcoin you use should have that value and not lower. The Market is still very emotional.

loyaswexrq8

newbie

Activity: 112

Merit: 0

Bitcoin will constantly grow and now is the time to buy, who else doubts need to invest now in bitcoin.

ipanks

hero member

Activity: 1610

Merit: 507

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

it makes sense to buy bitcoin now before the price is flying high. I agree that the price is too high but fortunately, you can buy bitcoin with partial and not the whole 1 bitcoin. you can buy bitcoin in any part you want and make sure that you can buy at the down price. we don't know if its offer 30,000% in returns or not, as long as we still using bitcoin and try to increase the amount, I think in the future, we can see that we are making a huge profit.

Webberson

full member

Activity: 602

Merit: 102

Quote from: zhekinsp on December 15, 2017, 04:32:26 AM

Quote from: drakegon on December 15, 2017, 04:20:27 AM

Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

It is always better to buy bitcoins because the price of bitcoin will keep increasing forever.So it make sense if we buy bitcoin now.
The price of bitcoin is too high now but in few year the price of bitcoin may reach $1M so when compared both price currenct price is too cheap.
Maybe it will give 30000% if your investment in long term like more than 10 years.

Forever means eternity and so, It cannot be said that the price of bitcoin will keep increasing forever. It sure will increase as a result of the constant growth in price and awareness gained. It is neither early nor too late to buy bitcoin now, if you choose to.

icanscript

hero member

Activity: 686

Merit: 502

Of course buy, just holding bitcoin you multiply your investment capital.

poliy1219

member

Activity: 146

Merit: 10

Investing in bitcoin is a long-term plan. It is possible to make a lot of profit.
Because bitcoin always vibrate, this is too risky for short-term operations.

Pain Packer

full member

Activity: 322

Merit: 101

It depends on your budget it you can buy at least half or quarter of it. Check the growth of it, look and read articles about the market. And also about the return investment is hard to say because bitcoin is unstable.

cynical

full member

Activity: 490

Merit: 136

when bitcoin was 8000$ people were asking if it was too late to buy and look where we are now.
this is my assessment:
POSITIVES: limited supply, greatest market cap, more and more adoption including futures traders
NEGATIVES: expensive to transfer, slow transactions, overloaded network
i would invest half you proposed amount and decide on the other half over the course of the next 2 weeks when you see what way the market goes.

Topic: Does it make any sense to buy Bitcoin now? - page 19. (Read 1838 times)