I probably wouldn't have bought in @ $10k. Maybe that shows my skill as a trader sucks. I play things conservative and don't take big risks if potential gains don't appear to be worthwhile via risk versus reward.
Btc's price is around $12k now. Up around 20% from $10k. I have a tough time quantifying how much risk a 20% gain is worth. At a certain saturation point, risk exceeds potential gains. The safe play is to look for investments with the potential to pay better than 20% ROI(return on investment).
I think bitcoin could reach $15k by year's end. That would put it around 10 times its all time high prior to 2016? Some people could buy bitcoin and make money off it. For me, though, its not worth it in terms of risk versus reward.
Topic: Still Buying Bitcoin at $10K? - page 9. (Read 2201 times)
If you bought bitcoin at $10K and you think that the price is too high then you have to re-think your investment strategy, It looks like it hit $12K already, so that's around 2K profit for those who bought 1 bitcoin. And even if you have bought less than 1 bitcoin only, there's a clear profit to take as well.
But I have to agree, than hitting 5 digits has made a lot of casual investors like me to get bitcoin and waiting for the price to dip, but the sentiments are still bullish after the CME bitcoin future contracts has been announced and CBOe as well.
Personally, I can't buy at this steep price, would rather have to wait for a price correction and see what will be the floor price. But for those people who have some money to spare, you can buy bitcoin but be sure that you are going to hold in for the long term.
But I have to agree, than hitting 5 digits has made a lot of casual investors like me to get bitcoin and waiting for the price to dip, but the sentiments are still bullish after the CME bitcoin future contracts has been announced and CBOe as well.
Personally, I can't buy at this steep price, would rather have to wait for a price correction and see what will be the floor price. But for those people who have some money to spare, you can buy bitcoin but be sure that you are going to hold in for the long term.
Bitcoin is increasing nonstop, and is almost very near to his All time High.
As you can see now, the current ath stands at around 11900$, just before the strong restitance at the lever of 12000$.
The price has been going between 11000-11800$ at the last few days which is very close to the ATH.
As soon as it keeps on going bitcoin can break the ath and after that break 12k in no time.
Of course I will still buy more bitcoin. I'm investing the half of my salary on it. A lot of people became interested in bitcoin when it reaches the 10,000usd mark.
Your invest deserve the worth and it will pay off very well I am confident about it even though I am not investing like you but rather earning bitcoin and holding on to it for a longer run
If you bought bitcoin at $10K and you think that the price is too high then you have to re-think your investment strategy, It looks like it hit $12K already, so that's around 2K profit for those who bought 1 bitcoin. And even if you have bought less than 1 bitcoin only, there's a clear profit to take as well.
But I have to agree, than hitting 5 digits has made a lot of casual investors like me to get bitcoin and waiting for the price to dip, but the sentiments are still bullish after the CME bitcoin future contracts has been announced and CBOe as well.
Personally, I can't buy at this steep price, would rather have to wait for a price correction and see what will be the floor price. But for those people who have some money to spare, you can buy bitcoin but be sure that you are going to hold in for the long term.
But I have to agree, than hitting 5 digits has made a lot of casual investors like me to get bitcoin and waiting for the price to dip, but the sentiments are still bullish after the CME bitcoin future contracts has been announced and CBOe as well.
Personally, I can't buy at this steep price, would rather have to wait for a price correction and see what will be the floor price. But for those people who have some money to spare, you can buy bitcoin but be sure that you are going to hold in for the long term.
After going through the fire this year with some big challenges thrown its way and after experiencing some ups and downs in price, Bitcoin made big surprising moves as it finally inched into the $10,000 mark and right now as I am writing this thread it is still making some surge...maybe it is thinking of going ahead into the $11,000 level soon.
Based on the projection that it can go as high as $40,000 next year, we can conclude that $10,000 is still cheap and that there is still a big room to grow for Bitcoin. However, we all know that corrections can possibly happen anytime soon. At this rate, are you still buying Bitcoin or would you still recommend to folks you know to get into Bitcoin?
Long live, Bitcoin and cryptocurrency!!!!
I'd rather to buy ETH instead of BTC it's price now is very high near 12k.
That's a nice strategy as bitcoin is unaffordable nowadays but ethreum is affordable and it's better to invest in ethreum before it becomes like bitcoin
I wouldn't be buying a lot of Bitcoin at the moment because the reality is the price isn't going to go much higher before a big crash and it is super risky.
I believe that some people who heard about bitcoin when it was at a lower price and waited for the price to be fixed or for a price crash so they can get in, ended up losing the whole uptrend, and now ending up buying bitcoin at more then 10000$ for a single bitcoin.
If you are buying bitcoin for the long run then you probably believe that bitcoin is going to be a global and worldwide currency, then it doesn't really matter if you buy it at 8000$ or at 10000$, if you are right, at the long run you are going to be very rich.
Of course I will still buy more bitcoin. I'm investing the half of my salary on it. A lot of people became interested in bitcoin when it reaches the 10,000usd mark.
Absolutely yes, people become more interested in bitcoin thats why most invest in bitcoin. Im also buying bitcoin not full amount because I feel price would be reaching high in the coming months. Although the price right now is becoming expensive it will reach up high than today. I wouldn't be buying a lot of Bitcoin at the moment because the reality is the price isn't going to go much higher before a big crash and it is super risky.
It's up to you and it's your choice if you don't want to buy at the peak of $10,000. The price now is still moving and will be on $12,000 soon. Bitcoin has been risky all the time and no one said there is no risk in buying bitcoin but that risk is one of the best risk that we had to take. $1,000 at the start of this year and now it is $11,000 and possible it can move further, that's the super risky you are talking about?the super risk he is talking about is probably the fact that bitcoin went from 1k to 12k in one year, going from a market cap of 10Billions $ to a market cap of 200 Billions $
a yearly gain of 190Billion $. that is twice the GDB of Kuweit, and that is more than the GDP of Qatar.
now what about doing the same for an other year ? going from 200B$ to 2000B$ thats is simply impossible. or at least outside any rational thinking. who would pour 1800 B$ here ??
i think thats why we just cant have the same expectations as we did last year ..
Of course I will still buy more bitcoin. I'm investing the half of my salary on it. A lot of people became interested in bitcoin when it reaches the 10,000usd mark.
Me too was waiting a big correction after reaching 10k but it didn't stop and going still up. Maybe after 10k many news and articles was talking about bitcoin and brought funds from out of market to BTC. It's my opinion
The price will probably drop in January, right now, everybody is very excited about bitcoin, but it could know a crash.
That's what I wait now to buy more bitcoin.
Of course even now it's not a bad time, if you see the expectations for 2018.
That's what I wait now to buy more bitcoin.
Of course even now it's not a bad time, if you see the expectations for 2018.
People have been waiting with buying ever since the market has touched the $2000 level for the first time. I understand how people believe that the higher the price is, directly also the higher the chances are that the price will correct, but this market keeps surprising everyone here constantly. There is far too much money being pumped into this market to let it correct naturally -- every dip gets bought up in a very quick fashion repeatedly. Sure, it won't last for ever, but there is no way for anyone of us here to know when exactly we'll be going through a healthy correction. People believed it would happen at $2000, $3000, $4000, $5000, etc, and now we are close to reaching $12,000 in the coming days.
I wouldn't be buying a lot of Bitcoin at the moment because the reality is the price isn't going to go much higher before a big crash and it is super risky.
It's up to you and it's your choice if you don't want to buy at the peak of $10,000. The price now is still moving and will be on $12,000 soon. Bitcoin has been risky all the time and no one said there is no risk in buying bitcoin but that risk is one of the best risk that we had to take. $1,000 at the start of this year and now it is $11,000 and possible it can move further, that's the super risky you are talking about? 
After going through the fire this year with some big challenges thrown its way and after experiencing some ups and downs in price, Bitcoin made big surprising moves as it finally inched into the $10,000 mark and right now as I am writing this thread it is still making some surge...maybe it is thinking of going ahead into the $11,000 level soon.
Based on the projection that it can go as high as $40,000 next year, we can conclude that $10,000 is still cheap and that there is still a big room to grow for Bitcoin. However, we all know that corrections can possibly happen anytime soon. At this rate, are you still buying Bitcoin or would you still recommend to folks you know to get into Bitcoin?
Long live, Bitcoin and cryptocurrency!!!!
The price will probably drop in January, right now, everybody is very excited about bitcoin, but it could know a crash.
That's what I wait now to buy more bitcoin.
Of course even now it's not a bad time, if you see the expectations for 2018.
That's what I wait now to buy more bitcoin.
Of course even now it's not a bad time, if you see the expectations for 2018.
Most people here advise to keep buying, even with this very high price. They believe in a continuous rise, but I think a price drop is coming soon. With the announcement of bitcoin futures some people get very excited and believe this will push up the price even higher. I don't think that will happen, a correction will take place. Wait and see what will happen after December 10th and 18th.
Of course yes. If you didn't, I think you missed a big opportunity to earn more money, Bitcoin price is nearly 12k$ at the moment so that mean if you bought 1 BTC at 10k$, you'll earn nearly 2k$ until now just by holding. For me I'll keep buying Bitcoin all the time although its price is too high or not cause I know about the potential of Bitcoin and it'll go to moon very soon 
Most of the newbies can’t buy 1 bitcoin for more than 10,000$ but bitcoin can be divided into small parties till 1 $ so that many buy less than 1 bitcoin and when price pump move some of BTC into altcoins.
maybe the main reason for increasing all altcoins is bitcoin
maybe the main reason for increasing all altcoins is bitcoin
After going through the fire this year with some big challenges thrown its way and after experiencing some ups and downs in price, Bitcoin made big surprising moves as it finally inched into the $10,000 mark and right now as I am writing this thread it is still making some surge...maybe it is thinking of going ahead into the $11,000 level soon.
Based on the projection that it can go as high as $40,000 next year, we can conclude that $10,000 is still cheap and that there is still a big room to grow for Bitcoin. However, we all know that corrections can possibly happen anytime soon. At this rate, are you still buying Bitcoin or would you still recommend to folks you know to get into Bitcoin?
Long live, Bitcoin and cryptocurrency!!!!
After going through the fire this year with some big challenges thrown its way and after experiencing some ups and downs in price, Bitcoin made big surprising moves as it finally inched into the $10,000 mark and right now as I am writing this thread it is still making some surge...maybe it is thinking of going ahead into the $11,000 level soon.
Based on the projection that it can go as high as $40,000 next year, we can conclude that $10,000 is still cheap and that there is still a big room to grow for Bitcoin. However, we all know that corrections can possibly happen anytime soon. At this rate, are you still buying Bitcoin or would you still recommend to folks you know to get into Bitcoin?
Long live, Bitcoin and cryptocurrency!!!!
I'd rather to buy ETH instead of BTC it's price now is very high near 12k.
Im still confident to buy bitcoin even it is quiet expensive, The value truly signifies bitcoin dominates cryptoworld. and the more value rises, the higher no. of investors are dealing of it. Still bitcoins are said to be the smartest ways to invest:)
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