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Topic: With Bitcoin, a future is not clear (Read 6113 times)

newbie
Activity: 4
Merit: 0
September 24, 2019, 06:17:47 AM
For me, yes it is. We cannot really rely our future for only just in Bitcoin. We all know how unstable Bitcoin really is. But if you think deeply, there is nothing to be sure of. Because for me, I do always believe that there is no permanent in this world except change. So everyone or anything's future is not clear. What we can do is keep on struggling, just like here in the crypto currency community.
jr. member
Activity: 82
Merit: 1
September 24, 2019, 05:12:46 AM
Because bitcoin is too slow to develop and may not be able to survive until its full adoption, as by that time, someone can create a more promising currency
hero member
Activity: 1092
Merit: 501
September 22, 2019, 10:29:30 PM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

What a strong belief you have, you have the guts to do it. I wish you good luck for what you did.
Though, no one knows what bitcoin in the future could be. But majority of the fanatic had the same belief like
yours that in the near future it will bounce the price in the market. But 20k$ is much realistic to be happen before
end of this year, although that market was unpredictable.
sr. member
Activity: 2338
Merit: 365
September 22, 2019, 02:02:44 PM
snip~

Why don't you wait for the bearish market? In my opinion you overpaid for Bitcoin, you can get about 7 Bitcoins for the same amount in winter instead of 4. By the way, how do you store coins? On a hardware wallet or in another way?
the problem is, we don't know when the bearish market will recur,
so, the plan to wait until the price of Bitcoin bearish is not good.

People who sell their only real estate for the purpose of investing in Bitcoin are real adventurers. But it is their choice, if the cost increases significantly, they will be happy, but if Bitcoin falls in price, this will become a problem for them. I wish them the first version of the outcome of the event.
what the OP thinks is really brave,
if the OP isn't married, I think it's worth a try,
but if the OP is married then what the OP thinking is too risky.
full member
Activity: 966
Merit: 104
September 22, 2019, 08:44:08 AM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.
I appreciate your actions because not everyone dares to make decisions like that. Bitcoin value growth nobody knows exactly. But the possibilities are endless. It could also go down to $ 4,000. If that happens, I hope you will continue to HODL. Wink
The volatile market is tough to predict if you take this actions its needs  being supported by long patience and trust to this industry, by trusting your investment only means that you have a good anticipations and you are more than willing to take the risk to follow the market. Though there's no clear
assurance that the value will bounced back and provided decent profits.



Keep in mind that sideways is the hindrances to fulfill your dream success, overcoming everything and extending your patience is a must.
If we consider Bitcoin only as a means of investment and earnings due to volatility, then for the entire period of the existence of Bitcoin, this coin will lose its relevance, since its value will fall sooner or later.  The main interest of investors in Bitcoin should be not only in the possibility of using Bitcoin as a means of payment, but also in the ability to carry out safe and fast transfers of large amounts of funds using Bitcoin.  And if this opportunity will be implemented in the coming years, then definitely Bitcoin will increase in price by tens or maybe hundreds of times.  But today, the main problem is scaling to implement all these plans.  Although experts say that scaling can be a problem if you want to buy a cup of coffee in a store and spend only a couple of minutes on it, but to transfer large amounts of funds it will take no more time than in a regular bank transfer.
hero member
Activity: 2128
Merit: 520
September 22, 2019, 04:50:59 AM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.
I appreciate your actions because not everyone dares to make decisions like that. Bitcoin value growth nobody knows exactly. But the possibilities are endless. It could also go down to $ 4,000. If that happens, I hope you will continue to HODL. Wink
The volatile market is tough to predict if you take this actions its needs  being supported by long patience and trust to this industry, by trusting your investment only means that you have a good anticipations and you are more than willing to take the risk to follow the market. Though there's no clear
assurance that the value will bounced back and provided decent profits.



Keep in mind that sideways is the hindrances to fulfill your dream success, overcoming everything and extending your patience is a must.
newbie
Activity: 1
Merit: 0
September 21, 2019, 02:46:29 PM
It sounds me like an Anxiety on gaining profits through greed. We can take a step like this only considered when we have a security for our future including our dependents ie., family. It is still a green flag however do teach the transaction details to your spouse and guide them where they can have a secured assurance.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
September 21, 2019, 11:09:47 AM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

This is as stupid as it can be. Never ever invest something which you cannot afford to lose, only then you will be able to make cold, informed decisions.

The price of bitcoin might increase to 20k next year, or it could be in 5 years. Can you afford the wait? if you don't, you lose.

What if it reaches 12k~15k instead? Are you going to cash out?


If you have a different source of income, and can literally forget about these 4 BTC and look at them in 10 years or so, then you are good. Else, you are in trouble.

Never invest what you cannot afford to lose...

Never get in debt for these things either, its not worth it.
full member
Activity: 1204
Merit: 104
September 20, 2019, 12:15:28 PM
It seems that today Bitcoin is in the stage of adjusting its price and there is no need to worry about lower prices in recent days, I will assume that upcoming events will again improve Bitcoin's performance in the cryptocurrency market.  One of the first events that will interest cryptocurrency users is the trading of Bitcoin options, which will be implemented by the “Chicago exchange” CME group using Bitcoin futures.  This is not the latest news, since many exchanges will focus on the use of cryptocurrency, because lately the popularity of the cryptocurrency market has greatly increased and the interest of traders from the stock market and the securities market has grown significantly.
So you can only advise one thing, first of all, buy Bitcoin today, until its price has not rushed up.
full member
Activity: 560
Merit: 107
September 20, 2019, 10:29:22 AM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.
Like many ppl said your title doesn't fit what you said. With bitcoin, a future is not clear, but you risk most of your money just to invest in bitcoin. Imagine what will happen to you if bitcoin's price does not increase at 20k. But anyway I'm sure that you have some other plans why you trusted to much on bitcoin. But in my side just to advice you to spend or invest so money that you can afford to lose, especially in this kind of industry that the price of bitcoin is not that predictable and constant. Smiley
hero member
Activity: 2268
Merit: 588
You own the pen
September 20, 2019, 08:41:13 AM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

As simple as that?
Come on men this is not true, you didn't state on what kind of houses are you living now.
I saw an article like this last year where he sold his house and live in a tent with his family waiting
for the Bitcoin price to go high or what we called bull run.
Your story, on the other hand, has nothing compared to that. 
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 20, 2019, 03:52:42 AM
many many holder wish to $20k in the next year,i wish too.becase i'm a holder.
At present, BTC is a good investment project,anyway please keep your confidence.Now is the best time to buy it.
That would be a wrong type of optimism. You see, the pump of bitcoin price in the year 2017 Q4 was due the people who accumulated bitcoin for getting big amount of BCH forked coins and the Bitfinex Tether pump. So this drove the prices and then Bitfinex sold to cash out their coins at high price. This wont repeat because it lead to some criminal investigation and other exchanges became wary or such pump and dump schemes.

However buying bitcoin for the future would always be good but dont expect a sudden huge rise in price. Its going to be a slow and gradual rise.
hero member
Activity: 2562
Merit: 586
September 14, 2019, 06:11:54 AM
That is not an investment for sure. Just because of you searched and you have faith does not mean that you can just gamble your wife`s or children`s future. I mean I really hope BTC 20k next year but still you have no right to put someone`s future in such a high risk.
I am shocked at his decision to do so really and he is happy to say it in public, if he was my younger brother, I would have lashed his buttocks for him for making such decision that is crazy. I guess he wasn’t thinking straight when he was doing that. No one is saying he should not invest or no one is saying he made the wrong choice of investment, he made the right choice really, but I don’t know the part of managing risk that he does not understand.

I guess this is the greed that made those who invested at peak in 2017 to still get stuck in the market till date. Well, like you already wished him well, for the sake of his family and his wife, bitcoin would quickly grow to 20k before he would die of hypertension and suspense of bitcoin price.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
September 12, 2019, 03:48:01 PM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

It is an index that can vary, I am one of the people who are sure that when Bitcoin reaches $ 20K it will continue to increase and increase, and the scenario is not far away. The decision he has made is to admire because many people do not have that impetus, especially those who are governed by making the decisions that are safe, since we are in schools teach us that the most correct decisions are what we should look for and when we failed Punish with the rating, in this case you break the paradigm, because you leave "The Safe" taking a risk without fear of mistakes and this is how the mentality is changed to be a better person and millionary, Bitcoin is likely to rise soon, As It is at an early stage of the uptrend phase, sometimes we just have to rely on our intuition and leave behind "the safe" to hope for the best.
Your right cause sometimes in life ones need to leave behind the safe and hope for the best which is what Erik Finan did back then when he invested his intuition fee into bitcoin but in my opinion, I believe the OP is somehow greed cause he ought to sell his land alone and invest the money.

Let just hope he understands how to stop losses as crypto investment is concern.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
September 12, 2019, 02:36:43 PM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

It is an index that can vary, I am one of the people who are sure that when Bitcoin reaches $ 20K it will continue to increase and increase, and the scenario is not far away. The decision he has made is to admire because many people do not have that impetus, especially those who are governed by making the decisions that are safe, since we are in schools teach us that the most correct decisions are what we should look for and when we failed Punish with the rating, in this case you break the paradigm, because you leave "The Safe" taking a risk without fear of mistakes and this is how the mentality is changed to be a better person and millionary, Bitcoin is likely to rise soon, As It is at an early stage of the uptrend phase, sometimes we just have to rely on our intuition and leave behind "the safe" to hope for the best.
full member
Activity: 342
Merit: 110
September 12, 2019, 02:27:02 PM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

I don't really think this is a good investment to leverage your land and houses to buy bitcoin with the hope of it reaching $20k. In the crypto ecosystem, you should invest the amount you can afford to lose just in case anything happens. Looking at the bitcoin market, it is not a good idea to invest such huge amount in it. It is very very volatile.
hero member
Activity: 1834
Merit: 566
September 12, 2019, 11:57:23 AM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.
Firstly, the topic you used for this thread is a little confusing because you actually believe bitcoin investing in bitcoin this year will bring you a huge profit next year May which you did invest in it and that's a good decision but you selling your land and houses in other to invest is something I don't think is appropriate due to the risk involved.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
September 12, 2019, 10:51:26 AM
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.
Do it.. if you have to think about it deeply. in the future there are only 2 possibilities, it is a failure or succeeds.

many successful people have proven that their success comes from their courage in taking risks, the highest price of Bitcoin to date is $ 19.9k. Bitcoin opportunity to return to that price is still very big.
full member
Activity: 1316
Merit: 126
September 12, 2019, 10:44:14 AM
No matter how hype it is, you cannot play all in like that. Everything can happen man

The future is still a long way to go which means no matter how popular or well known bitcoin today we can’t really guarantee that it will still be the same tomorrow. It is okay to invest and gamble some of you savings to bitcoin but putting all your wealth on it is not a good move for me because anything can happen along the way. With the increased competition between bitcoin and other coins and future coins, there is a possibility/chance that a new coin will become the king in the future. Sure bitcoin is the king now and no other coin or altcoin has surpassed it but who knows, someone might come up with something that will beat bitcoin so putting all your money at stake is a very risky and a not practical move.
I just hope it will go as planned because that’s all we holders or even traders are looking forward to (fingers crossed). Hopefully bitcoin will really reach $20k in the next few years.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
September 12, 2019, 10:30:56 AM
We cannot predict the value going up or down. You are a reckless person when mortgaging your assets. I think it is best to invest in BTC with savings or passive income. If you are reckless, you may become rich or be a poor person.
You're right with what you said about using ones passive income to invest in bitcoin rather than selling ones properties but you're concerning unable to predict the market value because some event of the crypto market surge is logically and an example is bitcoin block halving which usually leads to new ATH of the crypto market.
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