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Topic: Staying away from Bitcoin for 5 years - page 5. (Read 1273 times)

member
Activity: 266
Merit: 32
August 31, 2018, 10:59:06 AM
#96
It is true that the big profits are over for now, but that is the difference in our thinking, you seem to think that the profits are over for good while I personally think that in a few year we are going to get great profits again and the only thing you need to do is to be incredible patient and that can only happen if you are completely convinced in bitcoin and its potential.

Bitcoin has to establish itself as bitcoin asset or digital currency. Bitcoin has to protect people's wealth and serve as store of value. Now bitcoin is HYIP players game.
full member
Activity: 434
Merit: 100
If you buy 1 Bitcoin for $5,000 you will get 100% profit when Bitcoin reaches $10,000. Bitcoin starts falling from $9500. Dream run of high profits from bitcoin is over.
It is true that the big profits are over for now, but that is the difference in our thinking, you seem to think that the profits are over for good while I personally think that in a few year we are going to get great profits again and the only thing you need to do is to be incredible patient and that can only happen if you are completely convinced in bitcoin and its potential.
member
Activity: 350
Merit: 11
The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
means that you mean you will try to save it and will open it again 5 years ahead that expect the price will be higher and it is a very good decision because you are sure if bitcoin price will soar.
sr. member
Activity: 1330
Merit: 291
Bitcoin in the next five year will be of the higher value because there are strong speculation from industry experts that bitcoin in the next two years will reach $35,000 and that is my hope.
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
If you own a considerably good amount of bitcoin, yes, waiting for 5 years is a good idea if you do not want the effort in expanding it more and just let it grow alone.
Though if you are thinking that the value of bitcoin will be back to low after that time, no.
I do not agree on that, bitcoin increasingly grows popular as time pass by - attracting more investors which rise the price.
Bitcoin would not go back to $400.

If Bitcoin did go back to $400, then that would be the end of Bitcoin. Some alt will take its place. After hitting an ATH of $19k, then gradually dropping back down to $400, where it was 2-3 years ago? I can almost guarantee we would never see an ATH again.
sr. member
Activity: 588
Merit: 250
The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
If you are going to stop using or buying bitcoin now and then come back after 5 years, I sure you will regret those years that you don't believe with bitcoin. Think twice about your decision before you do it, because whoever knows? Bitcoin will reach high up again and you will regret that you don't buy today with a small amount of bitcoin.
Leaving crypto business for that long is a big decision so someone should think about it thoroughly. Many of us believe that bitcoin will do better for the next coming years and if this happens, staying away for five years will surely bring regrets. We think like this because of the market history of bitcoin where this coin started for a very low value and shown a big improvement for the past years especially in the market price. There is a possibility that bitcoin will suffer again a huge growth despite the bad news and struggles that it is facing.
hero member
Activity: 1078
Merit: 501
The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
If you are going to stop using or buying bitcoin now and then come back after 5 years, I sure you will regret those years that you don't believe with bitcoin. Think twice about your decision before you do it, because whoever knows? Bitcoin will reach high up again and you will regret that you don't buy today with a small amount of bitcoin.
member
Activity: 238
Merit: 11
If you own a considerably good amount of bitcoin, yes, waiting for 5 years is a good idea if you do not want the effort in expanding it more and just let it grow alone.
Though if you are thinking that the value of bitcoin will be back to low after that time, no.
I do not agree on that, bitcoin increasingly grows popular as time pass by - attracting more investors which rise the price.
Bitcoin would not go back to $400.
legendary
Activity: 1554
Merit: 1054
The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
Good for you obviously. You can come back whenever you like, we had still be here to welcome you anyway, just that while you are starting to pick from the top, we already picked at the bottom and already at the top which by then, I am so sure you would so much regret the decision you made this day. However, it is your choice and you can decide to thread any path you want, but you should remember that this is not silver, and it is baseless using what happened to silver to judge what would happen to bitcoin.
legendary
Activity: 1442
Merit: 1025
See y'all. You won't be back other than to express your bitterness. Just another piece of roadkill on the highway. have you not learnt a lesson or two along the way?
Yes, isn't that what happens to them eventually ? They come here to state that they know it all and compare silver to bitcoin and expect the same thing to happen and in less than 5 years when they come back, they will be wishing bitcoin tanks to at least even $10000 so they can buy since they have missed out.

I feel people are always the cause of their own predicament and obviously they can simply join us when we are already up there as no one cares. I remember when most people were chickening out very early last year when I bought around $1100, and here we are today! People really won't learn.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
If you stay away and come back after 5 years, you will definitely regret for what you did now because Bitcoin might rised to at least half a million in price. If you look back the price of Bitcoin before 5 years and you will know the profit earned if some one have bought it before 5 years. I really missed to invest before 5 years and i'm using the current market to earn huge amount from Bitcoin.
newbie
Activity: 31
Merit: 0
If you are a decent trader would mean to stay away from profit for 5 years. But if you are a Sparta hodler for 5 years, you will be a jackpot reaper.
legendary
Activity: 2058
Merit: 1015
Well, if that's what you want I respect it but for me it's not a good idea. You will surely regret if you stay away from bitcoin for 5 years what if the price goes up, you have miss the profit then but I guess you stay away in btc for 5 years because you go to other altcoin. I think you have a second plan.
hero member
Activity: 1092
Merit: 523
If you buy 1 Bitcoin for $5,000 you will get 100% profit when Bitcoin reaches $10,000. Bitcoin starts falling from $9500. Dream run of high profits from bitcoin is over.
Dream again because the time is there when you can double your investment with the help of bitcoin. I am confident that something positive is waiting for the market and in the coming days, bitcoin supporters would be considering themselves lucky for holding it for so long. In crypto market, you should not enter with easily giving up attitude. We need to understand that bitcoin is unpredictable.
member
Activity: 266
Merit: 32
If you buy 1 Bitcoin for $5,000 you will get 100% profit when Bitcoin reaches $10,000. Bitcoin starts falling from $9500. Dream run of high profits from bitcoin is over.
full member
Activity: 363
Merit: 101
The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.

If you come back to bitcoin in 5 years you most likely won’t even be able to afford to buy 0.05 bitcoin’s. With the next halving in 2020 plus the gradual increase in price due to new adopters if you’re leaving now you moght as well stay away because you’ll be kicking yourself.
You will come back after 5 years because you don’t want bitcoin for the next five years. It means that you have no patience and you cannot wait for good times. But I want to tell you that half of the world will use bitcoin after five years and the price will be more than $50k. if I have money I will buy bitcoin and forget for next fi years to earn huge profits.
Why one should stay away from Bitcoin and what would be the need of staying away from such a valuable and benefited currency. If Bitcoin is benefiting us then we should not let it go and should adopt it as our main currency for payment and transaction systems that will benefit us in saving our money and will reach the transactions and amount within no time as it is frictionless.
member
Activity: 307
Merit: 10
I bought 10- BTC for 15 000. And now I want to sell only on 10 000. Be aware

Why sell at a loss, can’t you wait 12 - 18 months & see what happens? I’m certain you’ll be in profit by then.

Well, if someone has no patience to wait for profits, unfortunately he loses money. I'm convinced he will soon regret selling. It was enough to wait a few months and the investment would surely bring profits instead of losses.
full member
Activity: 532
Merit: 101
In 5 years it will be probably replaced by some new coin. Bitcoin is not flawless, so 5 years is a great term. Just don't store them on warm wallets, sure 80% of current exchanges will be closed or hacked)
If you have invested in Bitcoin and want to make it long term then it is a right decision but it will necessary to monitor the market because you can not sleep all the five years and to stay away from Bitcoin for this long time is not a good decision at all. The Bitcoin is not so long term as five years but it is a long term for a year or maximum for two years. You should monitor the market and keep staying here to caste the right opportunities.
newbie
Activity: 80
Merit: 0
The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
Bitcoin investment needs much patient. If you will compared this to silver then you can't get your best answer as bitcoin can double your money in a long term investment.
legendary
Activity: 1526
Merit: 1179
The success in Bitcoin does not happen in a glimpse, it takes time, patience, and perseverance. If you lose track and get affected with its pump and dump and still want to survive, be strong, don't panic, instead be smart to find other ways and still be productive.
You are totally right, but the majority of the people tie increases and decreases to Bitcoin's overall health. As long as it goes up, Bitcoin is doing fine, but it not, they believe it's losing popularity and will be replaced.

It's not for nothing that a lot of these rookies keep paying attention to CoinMarketCap and Bitcoin's dominance versus the rest. They don't know that it doesn't mean anything that altcoins catched up on Bitcoin there.

It's just the numbers they look at and that's enough for them to think that Bitcoin is going backwards. They have no idea how total coin supplies of altcoins and tokens mess up everything badly in that aspect.
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