Is Bitcoin a Good Investment at Today's High Price? - page 6.

judemarco1996

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Quote from: squatter on November 25, 2017, 06:17:02 AM

Quote from: Nancy Lisa on November 25, 2017, 03:48:02 AM

Is Bitcoin a Good Investment at Today's High Price?

"High price" is relative to time. The price surely seemed high at $30 in 2011, and at $1000 in 2013. If you believe that a single BTC will be worth millions of dollars someday -- as many of us do -- then $8400 is quite cheap. In that sense, it's definitely a good investment.

That said, you need to be prepared for the volatility. I think we could definitely see prices like $5000 or lower in the coming months. I prefer to trade the volatility. If I were investing for the long term, I'd probably wait out the market a bit.

squatter

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Quote from: Nancy Lisa on November 25, 2017, 03:48:02 AM

Is Bitcoin a Good Investment at Today's High Price?

"High price" is relative to time. The price surely seemed high at $30 in 2011, and at $1000 in 2013. If you believe that a single BTC will be worth millions of dollars someday -- as many of us do -- then $8400 is quite cheap. In that sense, it's definitely a good investment.

That said, you need to be prepared for the volatility. I think we could definitely see prices like $5000 or lower in the coming months. I prefer to trade the volatility. If I were investing for the long term, I'd probably wait out the market a bit.

xvacator

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i think if we want to invest our money in bitcoin, we don't have to buy a whole bitcoin but we can buy at small parts as we split our money for other things. so if we have for example $500 every month, we can use $200-$250 to invest in bitcoin and we do it until 6 month and then we can see what will happen later and we can expecting to double our money.

dothebeats

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For someone who doesn't know exactly how the market works, no. But for someone who's kinda adept on trading and knows how to turn around situations into their favor, yes. Lots of these questions are frequently being asked on this forum while the answer to this is pretty simple. If you don't know nothing about a thing that could potentially lose you your money, why invest in it without even studying about it?

leonair

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Bitcoin will always be a good investment the only question is how low can you go? Investing on bitcoin with a very volatile price is too risky and you should consider it as a high risk high reward kind of investment. You can buy the coin at $8,000 per piece and price can go down in seconds after you purchase it the question is are you going to sell if you see a deep in the price or will you keep your coin. If you will invest in bitcoin you should always keep in mind that price will go down but it will eventually go high.

Dreamchaser21

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I can say yes if your goal is for long term but if you think the price of bitcoin now are too pricey then try to invest on good altcoins because I can see altcoins now are pumping slowly but surely so by this you can earn big profit.

Kemarit

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Will bitcoin be a good investment with today's steep price? Absolutely. That's is if you are willing to take the risk and hold bitcoin for the long haul. How many predicted that bitcoin will go up at $8000 during the start of the year? None. Some says that the peak price for this year is around $5000 but look at where we are right now. Are there any other market can give you that kind of gain (700%+) in less than a year? So there's no right time to buy bitcoin. You can get it anytime you want as long as you are willing to hold in for long term in order to maximize your profit. I think anyone can hold on it in less than a year its not that hard. And there is really a huge demand specially coming from Asia and the rest of the world are slowly getting into the act as well.

xenxen

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yes more people still investing even the price is high because they believe that bitcoin is still increasing now and in the future...

sicparvismagna

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Always the question asked of course most of us here without a doubt are enjoying the luxury of investing in bitcoin today definitely trusting its evolution has huge effect for all us because it has higher rate of return, plus the demand for bitcoin tend to increase time and time again it has proven it's doubters wrong.

dificanovi

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Quote from: Nancy Lisa on November 25, 2017, 03:48:02 AM

Is Bitcoin a Good Investment at Today's High Price?

people always want to invest with bitcoin because the price keeps going up.
although bitcoin prices are very expensive but people still want to invest with bitcoin, what they think is bitcoin prices are rising, so many people who think no loss if buy bitcoin.

athanz88

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Quote from: Nancy Lisa on November 25, 2017, 03:48:02 AM

Is Bitcoin a Good Investment at Today's High Price?

This is an important question for everyone who wants to invest on bitcoins.
In my opinion, yes, it is still will give you a fortune and profit. As bitcoin is the most popular digital currency and it is already sustained all of manipulated attack to bitcoin, the price trend for bitcoin is mostly positive. But, for investing, i still suggesting people to only invest what you can afford to lose, and learn about your investment to make the most of it. Still, good luck for you and for us.

DaMut

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Quote from: Bittoshi on November 25, 2017, 04:34:33 AM

I am not invested in Bitcoin at the moment but I think price can easily go up to $100.000 or higher. But there will of course be some setbacks first. Maybe it's a good time to invest after one of the next crashes.

you said it can goes to that point and you're waiting for a setback ? are you sure about it ?
i heard a lot something like this a while ago when we're at $500,they said Bitcoin can reach $1000 at any time soon,
but i will wait for a correction and come in.
do you know what happen next,right ? they're buying it for more than $500,which mean they're FOMO'ing when the movement start.
if you believe it can goes to that level,buy it right now and keep it.
better safe than sorry my friend
also,i do not think it would be a good time to Buy it whenever we're facing the crashes,
because the majority people lose their faith on it and the price would be ridiculously hard to recover

Bittoshi

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I am not invested in Bitcoin at the moment but I think price can easily go up to $100.000 or higher. But there will of course be some setbacks first. Maybe it's a good time to invest after one of the next crashes.

freightjoe

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Quote from: aoihs00 on November 25, 2017, 04:27:08 AM

Anyway, the bitcoin as we know has become self sustained currency now

No. Wrong. People buy it because they hope the value will go up. That has nothing to do with being a currency.

Quote from: aoihs00 on November 25, 2017, 04:27:08 AM

The prices are pretty stable at this point

Are you retarded? Stable?? Look at the reality and tell me this is "stable" :

aoihs00

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Quote from: Nancy Lisa on November 25, 2017, 03:48:02 AM

Is Bitcoin a Good Investment at Today's High Price?

Why I'm thinking this thread was already present with the same options.

Anyway, the bitcoin as we know has become self sustained currency now and the asset value is more than 8K at todays time stamp. The prices are pretty stable at this point and I think it is good to think about investing into. Its been while it is stable at 8K and bitcoin will do this only when the prices are going to get new heights in the market capitalism. For now the whole market stands still and hence there are heavy chances of bitcoin blooming again.

So from my side the vote is up for the bitcoin investment. Many of the alts will also rise simultaneously because lot of developments has already progressed a lot. So in total everything in the crypto currencies and pivotally bitcoin is getting dominance and a fool proof investment model.

Thamon

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Quote from: Nancy Lisa on November 25, 2017, 03:48:02 AM

Is Bitcoin a Good Investment at Today's High Price?

Of course it is always a good investment. May be you are newbie to this cryptoworld so you think it is not affordable but it is. If you are thinking that it will never hit that much in the future because of the current price well you are wrong because I was like you back then and my predictions were wrong and bitcoin keeps on increasing

SyGambler

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it's the million dollar question , the problem is that we keep hearing the same question after bitcoin huge pumps and we never hear it when the price dump
theoretically it's always good to buy assuming that people will stay interested in bitcoin and will keep buying and using it
but no one can know if the price will keep going up now or will it have a correction for like 5 or 6 K , in the long run the price should go up but if people buy now there is a good chance IMO that they may wait for some time in order to profit ( this may not happen but still there is a chance )

Nancy Lisa

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Is Bitcoin a Good Investment at Today's High Price?

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