Topic: I do not have the guts to buy bitcoins now. (Read 3651 times)

That is when you don't know bitcoin's true potential, but when you understand the technology you will bought some too.
Remember when Steve Wozniak talks about BTC:
“There is a certain finite amount of bitcoin that can ever exist,” the publication cites Wozniak as saying. That makes it “more genuine and real” than the dollar, which is “kind of phony” since the U.S. government can issue new units of currency for purely political reasons.

“Your house has value. And if it is a house today, 40 years from now, it still is a house in value,” he said, even if the price increases over time.

“Gold gets mined and mined and mined,” Wozniak said. “Maybe there’s a finite amount of gold in the world, but Bitcoin is even more mathematical and regulated and nobody can change mathematics.”

Source : https://www.cryptocoinsnews.com/apple-co-founder-wozniak-bitcoin-better-gold/

See? This came from one of the greats in the history of computer, I cant say that he is a supporter and he want people to bought some BTC. BUt we can't accept the fact that the technology is there.
If you don't have some guts now, then let's see the price in 3 years time.


Sad story bro, but almost everyone here are panic selling, only those who are veterans in trading have the guts to smile while the market is down. I almost sold my all my BTC before the BCC came, but after that Ive realized that "NO!!, I wont be selling anymore BTC".
Crashed,
hypes
False news are everywhere so it's almost better not to listen at all and follow your own heart. Maybe BTC is not suitable for small scale transactions but it is the foundation and like foundations oil and gold, it can be a backed up reserve in the world of finance. Imagine the price of a reserve. PRobably will reach 1 UNits of numbers in dollars in the next 5 years. But this section is just speculation. Who knows. Maybe, maybe not.

If we don't come across through any bad news and if investors continues to put their money in bitcoins then that price is likely to achieve at the end of the year but there is no assurance that price will keep on moving in upward direction and only one bad news and everything would go in vain so we need to keep our fingers crossed and hope for the best in coming days.

Well its possible to jump $2K in 40 days. Bitcoin even jump 1K in less than 24 hours so no doubt that it can be done. But good questions though, to make it happened I think (1) there will be no negative news that will impact the price, (2) a new wave of investors suddenly drops huge cash on the the ecosystem and (3) a fresh positive news coming our way that will push the price to $10K.

No problem we are in the forum to help each other out whenever we can, at first it may seem difficult to earn bitcoin but as time passes and you begin to gain more experience it is going to become easier to earn bitcoin, the only thing you need is to have a lot of patience since earning bitcoin is not going to happen from one day to the other but if you give it let’s say 6 months you will be surprised by the amount of bitcoin you can earn per day.

BTC price is moving up and up as the DEC and Christmas is coming near by. Hopefully we should again see a new rise in Dec as btc has now reached 8k. Wondering will it make a 2k jump in 40 days from now before we enter 2018 ? What will drive such a huge jump if it happens ?

No doubt bitcoin has created so many elites today and will even create much more for those who have the guts to be a part of holding some of it unlike the OP.

After all, someone already suggested it on the thread to earn as there are so many opportunities to earn as much as one can. Bitcoin is really not going to wait for anyone in the coming years and trying to build guts or if possible find somewhere to buy or borrow those guts to buy right now is the best to do.

In hindsight, buying bitcoin when it was worth a few hundred dollars seems to be a brilliant strategy. Who knows, in maybe a few years time people will say buying Bitcoin when it was worth a few thousand dollars would have been brilliant.

The bitcoin price is high now and it's not the perfect time to buy but the price will be even higher with time so I think this would be good decision. Still you have to do this if you have enough funds that you don't need and you would invest it anyway but don't take the funds that are necessary to you for daily life.
If you ask me the perfect time for buying bitcoins was when the price was few hundreds of dollars but those times have passed away.

Bitcoin can also earn to doing something job, I beginning to think, maybe it's good idea😆

Just few people who are traders are actually looking for the short term gains and trying to trade for some quick profit. However, I hope the OP was able to rent some guts to buy back in October, or else he must be having himself to blame for it now probably by listening to the advice of the person that posted below the OP.

Bitcoin is showing great sign of improvement and cannot be compared to those days when a lot of FUD can easily drag bitcoin down. What we should be seeing now are corrections and anyone who does not utilize the opportunity or does not have guts will apparently have some after a while.

Even I don't have guts to buy bitcoins at the current price as its too high and not affordable for me so either I will wait for the price to crash and if not then will prefer to hold my existing coins till it doesn't reaches to $10000 as its my dream price and when I will see that price on the charts it won't take much time for me to sell my bitcoins at huge profits.

i think btc now changing world.  bitcoin price pumping  and  bitcoin price is already pump upto 7k$  and i just like to seeing it. bitcoin totally  change my life style . so people should use bitcoin for change their life. so i think its good time to investment now cause i think now its time to pumping

Thank you so much for so many suggestions on how to earn bitcoin rather than buying the bitcoin i don't know whether the user who has originally posted got any idea but i surely got an idea what i need to do to earn bitcoins rather than buying it this time when the value is sky rocketing.

If you do not have the courage to buy bitcoin then I think it is time to try to earn bitcoin instead, you do not have to buy bitcoin if you earn it, so find ways to earn bitcoin, offer your services and any skill you have in the forum, you can offer some products that you have, try to join a signature campaign, and if you have some money to invest you could buy altcoins or you could begin to trade bitcoins.

I think I went trough a similar process. What got me interested in the first place was the monetary gain. I actually wanted to buy a game and I saw that they accepted bitcoin payments. I had heard about bitcoin before, a couple of years back, but I never dug deep enough to discover the big value bitcoin has. The more I researched bitcoin the more I became my hunger for short term money making potential faded away. I started discovering the underlying technology and I suddenly realized that I had to be a part of this revolution. That's what mainly led to me pulling the trigger and buying myself into a solid position.

It's important that you are buying bitcoin at the right time and even you don't mind about the prices fall. The important thing is the time you'll invest and buy bitcoin, what is the price by that time. And when the price pumps with a small percentage that does matter.

Your point is valid only if you should have patience and literally forget that you have invested in bitcoin for at-least 5 years then check the returns for a good result and profit but not suitable for most of us as we are looking for short time profit and also save little towards the long term but most of us are looking for current gain.

The problem with people is that they aren't understanding what changes Bitcoin is capable of forcing through in the financial world, and in terms of breaking through this currupt on debt based system. I too started out as someone being just interested in Bitcoin for speculation purposes, but once became clear what Bitcoin is actually about, I immediately took a long term position into Bitcoin. So yes, I pulled the trigger and went for it, and looking back now, it was a perfect entry point. I can however understand that people might feel unsure about entering at current levels due to the massive increase this year, but as you said, the trigger needs to be pulled, and if you don't pull the trigger, you'll be left with nothing.

I can image $2,000 isn't a small amount for people who live in severely under developed countries. But you will have to invest money to make a lot of money, that's the name of the game. Investing a mere $10 now isn't going to make you a millionaire (perhaps in 2011 it was but we're far past that stage now and will have to move on). If the person who started this thread in the first place pulled the trigger and bought bitcoin at $5000 he would have netted a juicy $2,000 per piece (assuming they sold at the all time high). Sometimes it's just more important to pull the trigger and buy instead of worrying about your entry point.

As long as money isn't a problem and that you have that capital to invest for, I guess buying bitcoin for investments can be done without any hesitations. Just be focus on you goals and set aside that worries, so that you can stay focus and prevent panic decisions towards possible fluctuations that might happen in an instance. Having positive outlook should be maintained and that dreams of having bigger profit will be a reality in the near future, as long as you keep the attitude of having patience all the time.