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Topic: The upside - page 2. (Read 1341 times)

legendary
Activity: 2912
Merit: 1060
February 19, 2014, 12:16:28 PM
#5
Some people say the price is going to go to $100, $10, etc, etc.

We are talking mBTC, right? Wink

Oh so maybe they weren't fudding
legendary
Activity: 1120
Merit: 1012
February 19, 2014, 12:01:48 PM
#4
Some people say the price is going to go to $100, $10, etc, etc.

We are talking mBTC, right? Wink
sr. member
Activity: 406
Merit: 250
February 19, 2014, 11:57:06 AM
#3
Holding my usd ,
because my dollars are working everywhere  Cheesy
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
February 19, 2014, 11:45:05 AM
#2
Holding as well, I have plans for when 1BTC=$40k.
legendary
Activity: 2912
Merit: 1060
February 19, 2014, 11:42:23 AM
#1
Some people say the price is going to go to $100, $10, etc, etc. These guys also spread fud to try to get cheap coins. But they don't realize they are hurting the future. Don't believe for a second they aren't trying to buy, why else waste their time on this forum?

Anyway, I'm a hodler. I sleep good at night, don't gamble at exchanges, price doesnt matter at this point and I cant lose my Bitcoin. Its safely offline. Cant get stuck with mtgox or hacked. I simply hodl.

So youre a newbie, should you buy now or wait for a lower price...

If you buy now and are confident (you must hodl no matter what), you just wait. Nothing to do but wait. Could be $50k by 2015. But it could go to $0. The upside is HUGE and the downside is small.

If you wait, it may be too late. You might be waiting for $500 forever until the price is $50k. Your upside becomes very small but the downside is also small.

So when weighing your options, consider that both downsides are small but only option A has a large upside. Now if you're in it for a get rich quick scenario, run away now. This is something that will only reward you if you are passionate about it.

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