Is Bitcoin fair for those who buy for the first time now? - page 3.

BountyGram

jr. member

Activity: 56

Merit: 1

Quote from: Rhaizan on July 12, 2018, 10:00:31 PM

Quote from: Ondre on July 12, 2018, 09:33:45 PM

For me, we should not compete with those who invested before and those who had just invested, what matter most is that those who are now investing now had given their means to earn from it, though it will not be big earning like the first investors but they will also get there later on as long as they look on positive side. That is why i still conclude the fairness of it.

Yeah,don't look on the past just focus on now, as long as you know that you can earn profit then it's fine to invest now. We will see soon that we can also earn huge profit like what others earn. The most important is you are already invested now in crypto.

In the present price I think yes, it is good for those who are first timers in the investing in bitcoins, a good opportunity for them I guess, in the current market where bitcoin is not that expensive it will be a good decision to have investing on it.

razzor

member

Activity: 110

Merit: 10

It is a revolution, and iti s not all about the price of the actual rate, it all depends on the way that you use your bitcoins and how you are looking to keep holding them for a long term. I am more than sure in that it all will be profitable in a near future

m_f_o_c

newbie

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Since bitcoin is now being bought by more and more people, its value will always grow. Those who first bought dollars also earned more and the same logic applies to bitcoin. All is fair.

crazy-pilot

sr. member

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SmartFi - EARN, LEND & TRADE

I think this will depend on the country that you are living in, because your government can make a law one day that will just forbid for you to use Bitcoin, and make your earnings off from it.

deppil

hero member

Activity: 1008

Merit: 501

Quote from: Choyor on July 13, 2018, 12:00:31 AM

If we look back where the early Bitcoin adopters bought their coins for a relatively low price, then sell them when the price of nys soared. And I'm sure in that generation no one was holding their coins for now. So there is not much difference in those involved in the early stages and we are involved in the current stage.

Yeah you're right. besides bitcoin still has great potential. we don't know how much bitcoin prices will go up. because bitcoin users will keep coming and push up the demand. you do not need to be jealous with the early users. we can benefit as they are in the future

0t3p0t

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★Bitvest.io★ Play Plinko or Invest!

Quote from: lisboncryptoeconomist on March 28, 2018, 11:04:57 AM

As an economist, I worry about a lot of issues related to economies in this world.
Bitcoin is surely a revolution, but I worry that it is highly unfair for the older generations and the people who join Bitcoin in later periods.

Most people in the world do not hold Bitcoin or any other cryptocurrency. If they started buying it, prices would soar and there would be a huge purchasing power transfer from those who got later in to those who got in earlier. For these people, staying in Fiat currency will be the best option.

Also, there is the issue of scalability and of the timeframe of existance of Bitcoin.
Isn't it better to jump try an ICO? And following this reasoning why invest in an ICO now when something better may come later?

I think many of the discussions about cryptocurrencies leave out those of our society who have less access to information and new technologies.

What do you think?
Thank you.

As a simple enthusiast it would be fair for both early and old adoptors. For me prices of Bitcoin today is just a bonus to those who have hoard Bitcoins during the early ages because of their loyalty and patience. Staying in a more stable asset is the best option if you are afraid to lose your assets but if you want to gain more profits, ICO and cryptocurrency would be the best choice.

Choyor

full member

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If we look back where the early Bitcoin adopters bought their coins for a relatively low price, then sell them when the price of nys soared. And I'm sure in that generation no one was holding their coins for now. So there is not much difference in those involved in the early stages and we are involved in the current stage.

shunga

member

Activity: 136

Merit: 10

Quote from: lisboncryptoeconomist on March 28, 2018, 11:04:57 AM

As an economist, I worry about a lot of issues related to economies in this world.
Bitcoin is surely a revolution, but I worry that it is highly unfair for the older generations and the people who join Bitcoin in later periods.

Most people in the world do not hold Bitcoin or any other cryptocurrency. If they started buying it, prices would soar and there would be a huge purchasing power transfer from those who got later in to those who got in earlier. For these people, staying in Fiat currency will be the best option.

Also, there is the issue of scalability and of the timeframe of existance of Bitcoin.
Isn't it better to jump try an ICO? And following this reasoning why invest in an ICO now when something better may come later?

I think many of the discussions about cryptocurrencies leave out those of our society who have less access to information and new technologies.

What do you think?
Thank you.

Yes of course, because the bitcoin price is so low than before. And i think this is the right time to buy them a bitcoin.

ZeusTrade

copper member

Activity: 252

Merit: 0

I think it would be necessary for someone with a great platform or company to start adopting
in mass bitcoin there the population felt more confident but who with bought years ago will not complain if but people enter because that happens in one way or another the demand would increase but as I know only three years and already got up well but not that formal employment continues to encourage people to know our world

entrepmind23

sr. member

Activity: 644

Merit: 261

Quote from: bettercrypto on July 12, 2018, 08:25:13 PM

There are always an advantage of being the starter. That's why there is a rule "First Come, First Serve". If you started long ago and invested in bitcoin when it does not have any value, you are now a millionaire right now. But because the market is volatile, price drops down and it is a sign that newbies can enter in bitcoin anytime. There are still chance for those who are beginning right now.

Yes it is better for the newbies to enter now compared to the price when it is already hyped. The problem is that some would hesitate to enter the market because they are seeing that it is going down or moving sideways and with additional FUD that bitcoin is dying so it is up to us then who are more knowledgeable than them when it comes to cryptocurrency why bitcoin has that price now. Always make sure to state that it has high risk but the rewards that they can reap is potentially high too.

Quote from: Ondre on July 12, 2018, 09:33:45 PM

For me, we should not compete with those who invested before and those who had just invested, what matter most is that those who are now investing now had given their means to earn from it, though it will not be big earning like the first investors but they will also get there later on as long as they look on positive side. That is why i still conclude the fairness of it.

I even consider myself late already in investing when in fact I invested when the price is below $500 because I should have done it when the price is below $100 but unfortunately I ignored it before. There is still time for those people though to invest and earn from it especially that people are getting positive and anticipating bitcoin ETF.

Rhaizan

full member

Activity: 518

Merit: 100

Quote from: Ondre on July 12, 2018, 09:33:45 PM

For me, we should not compete with those who invested before and those who had just invested, what matter most is that those who are now investing now had given their means to earn from it, though it will not be big earning like the first investors but they will also get there later on as long as they look on positive side. That is why i still conclude the fairness of it.

Yeah,don't look on the past just focus on now, as long as you know that you can earn profit then it's fine to invest now. We will see soon that we can also earn huge profit like what others earn. The most important is you are already invested now in crypto.

Ondre

jr. member

Activity: 238

Merit: 1

https://i.imgur.com/iwknjIj.png

For me, we should not compete with those who invested before and those who had just invested, what matter most is that those who are now investing now had given their means to earn from it, though it will not be big earning like the first investors but they will also get there later on as long as they look on positive side. That is why i still conclude the fairness of it.

Xising

sr. member

Activity: 910

Merit: 257

Quote from: lisboncryptoeconomist on March 28, 2018, 11:04:57 AM

As an economist, I worry about a lot of issues related to economies in this world.
Bitcoin is surely a revolution, but I worry that it is highly unfair for the older generations and the people who join Bitcoin in later periods.

Most people in the world do not hold Bitcoin or any other cryptocurrency. If they started buying it, prices would soar and there would be a huge purchasing power transfer from those who got later in to those who got in earlier. For these people, staying in Fiat currency will be the best option.

Also, there is the issue of scalability and of the timeframe of existance of Bitcoin.
Isn't it better to jump try an ICO? And following this reasoning why invest in an ICO now when something better may come later?

I think many of the discussions about cryptocurrencies leave out those of our society who have less access to information and new technologies.

What do you think?
Thank you.

I think it depends on the person who is investing. I say that because whether they are those who bought when it was starting or now, when the price is high already, they still have faced challenges and will still be facing challenges today. It may be different, but still, it's all but the same obstacles that could make or break your will to invest in this market. Therefore, if you are just buying now, what you need to have is a difference in approach that is more fitting for the times and trends now. So, instead of thinking that you are now in a bad position because you have started late, just make sure to use better strategies to keep up.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: bowals on July 12, 2018, 12:17:23 PM

Fair or not doesn't matter, the purchasing power is still d the same

That's wrong. The purchasing power of your fiat capital highly depends on Bitcoin's price, where if you enter now you get way more bang for your buck. Those who entered far above $10,000 wish they waited before buying.

The only problem for newbies is that they don't know what the right moment is to open up a position. Only time proves whether or not it was a good decision, and considering they blindly enter, it's mostly not good for them.

It's not easy being a newbie, especially with how hostile the altcoin market is. I'm quite sure that most of the newbies and maybe even the older members here are mentally broken due to the bear market.

btchunter02

newbie

Activity: 74

Merit: 0

I think not instead their bless, because they buy it now while market is low, if you buy now you made wise decision soon cryptocurrency market price will definitely bounce back, a real profit to set your future.

bettercrypto

sr. member

Activity: 1316

Merit: 268

★Bitvest.io★ Play Plinko or Invest!

There are always an advantage of being the starter. That's why there is a rule "First Come, First Serve". If you started long ago and invested in bitcoin when it does not have any value, you are now a millionaire right now. But because the market is volatile, price drops down and it is a sign that newbies can enter in bitcoin anytime. There are still chance for those who are beginning right now.

Grayy

member

Activity: 322

Merit: 12

Bitcoin is fair for everyone provided you have enough patience to wait and trade cautiously when need be. You can simply trade some portions of your BTC to earn more BTC without necessarily worry about the prices in the next few months.

orarider

sr. member

Activity: 575

Merit: 250

I think bitcoin is very fair for everyone. Anonymity of bitcoin is favorable conditions for those who are new to electronic money. You can invest into electronic money at any time and in any place.

bowals

newbie

Activity: 140

Merit: 0

Fair or not doesn't matter, the purchasing power is still d the same

maculeth

member

Activity: 714

Merit: 11

BountyMarketCap

it is difficult to accept the fact when the first buy, and now the price falls very drastically. For those who have bought for a long time or less 3-5 years ago, they have got a profit. but for the new buy, surely they are shocked to see the fact that the price drops very drastically. no wonder some of them do panic sell. it would be better if the hold and see the possibility of the price will rise again.

Topic: Is Bitcoin fair for those who buy for the first time now? - page 3. (Read 715 times)