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Topic: With Bitcoin, a future is not clear - page 3. (Read 6134 times)

member
Activity: 602
Merit: 10
September 01, 2019, 03:47:12 AM
The fact is that no one can predict the further development of events in the cryptocurrency market with a 100% guarantee of success.  We will still observe not only ups, but also a drop in prices for Bitcoin, and therefore we do not need to fully focus our attention only on income from the cryptocurrency market.  No need to take loans to buy Bitcoin, because the risks are very big.  But I believe that Bitcoin can cope with its problems if the scalability problem is solved first, but at the moment it is impossible to do this in my opinion.
newbie
Activity: 11
Merit: 0
August 31, 2019, 04:01:06 AM
NO, but I'm more concerned about increasing my portfolio, if we are in the same pace then I will like to share with you how I have been able to double my holding in bitcoin and other alts.

first thing is to familiarize with all the earning methods available which are trading, mining, and investing. The most reliable is investing. investment sector in cryptocurrency has been infested with fraudsters, you need to be careful when you are investing. there is investment platform like procoinvest which pays you double of your invested funds in 7 days after investing. For now its the best and most reliable investment platform available and also a mining platform like Genesis mining which pays you 10% weekly returns

Just type https://procoinvest.com in your browser and start investing or genesis mining if you are interested in mining.

Just my opinion. Your research may take you down another path.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
August 31, 2019, 03:35:48 AM
my point is, "Buy BTC by unnecessary Money not by Land/House sell's money"
I get your point but this is not the case with many people here. Those who are bullish on the future price of bitcoin dont really take into account the expenditure behind their investments. This is risky though and not advisable.

What you said - "unnecessary money" -- this is a oxymoron. Because money is never unnecessary unless you are living in a lap of luxury where you a lot of ancestral inheritance to waste on. So finding out some cash good enough to buy bitcoin with is often frustrating for a common man. Still my point is that we should keep aside some cash to buy coins everytime the market dips upto a limit that is sustainable.
member
Activity: 588
Merit: 18
August 28, 2019, 02:31:28 PM
In every investment always be a risk taker, as long investment concern, hence always invest on what you can affordable, Secondly the prize of bitcoin can not be predictable. But base on the current prize at $10,000 per BTC, is very good to invest in a future time.
full member
Activity: 562
Merit: 100
August 28, 2019, 01:03:08 PM
selling land and houses for bitcoin, and renting an apartment is a very brave move. even though all success requires sacrifice, I will not do the same. however, I will try to get a large amount of bitcoin before the price reaches $ 20000. although I also believe in that, however, I know that there is still a risk of that action.

but, I appreciate your actions, because not everyone dares to take such a decision.
Everyone creates their own destiny. But if you put the family and investments in bitcoin on the side of the scales, then I would rather not risk as much as the author of this branch.It is likely that bitcoin will grow in price, but where are the guarantees?where's insurance?I wish you good luck and hope that You still made the right decision.
jr. member
Activity: 602
Merit: 3
August 28, 2019, 12:41:43 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.

First of all according to your post Title it's shown that, still you have confusion about Bitcoin future. but you have taken a big decision and done a risky work. there is no doubt about bright future of Bitcoin but anything can happen with crypto currency. if it's price go down, it will recover must after certain time. so that you have to hold your coin to recover price when the price go down. so i think this is the best time buy BTC by your unnecessary money. as a result if you need hold your coin for the long time to get big profit, you can not face any financial problem in your real life. wish you good luck

my point is, "Buy BTC by unnecessary Money not by Land/House sell's money"



member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
August 28, 2019, 11:46:25 AM
Indeed some form of investment are for men only  Smiley... This is investment and hope it yield positively and you expecting returns  in long term which make it quiet reasonable... Your future will always be bright with BTC.
sr. member
Activity: 1148
Merit: 251
August 28, 2019, 11:17:46 AM
This is really a strong move selling assets to buy bitcoin though future is not clear. As we see the market with volatile movement we cannot tell what price of btc will heading. We should think many times before doing such move just to invest in bitcoin.
jr. member
Activity: 236
Merit: 1
August 28, 2019, 05:46:37 AM
Yeah, it's much possible BTC could increase to 20k or even more than that some people are saying it will hit 50k till 2022. No one exactly knows where it will go. If there are only 10% chances of coming down, but not having a backup plan is not a good thing for an investor to survive.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
August 28, 2019, 01:24:36 AM
#99
selling land and houses for bitcoin, and renting an apartment is a very brave move. even though all success requires sacrifice, I will not do the same. however, I will try to get a large amount of bitcoin before the price reaches $ 20000. although I also believe in that, however, I know that there is still a risk of that action.

but, I appreciate your actions, because not everyone dares to take such a decision.
member
Activity: 378
Merit: 10
August 27, 2019, 11:03:08 PM
#98
I would never wonder what would happen to her now Shocked

Risking the future of your family is a wrong choice, if you are not that rich. people are still believe if they invest the whole what they have it will give them x2 that what they want. this mind set would never bring you to success even you do everything. appreciate what you have and don't waste your family's future. Even if you make a sacrifice, it will not help you lift even if you put your family's future at risk. Market is volatile, if ever you are knowledgeable to this. you can manage on your own. Goodluck!

member
Activity: 653
Merit: 10
August 27, 2019, 10:43:23 PM
#97
I am happy with bitcoin and you future will be more lighting with investing your money in bitcoin, many news bitcoin will raised to $20k at the future and keep your bitcoin as best investment assets.
sr. member
Activity: 1162
Merit: 251
August 27, 2019, 09:34:59 PM
#96
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 am truly amazed by your courage to buy 4 Bitcoin and hope that the price of BTC will rise high in next year. we will not know what will happen in the future and cannot predict the price of Bitcoin, in my opinion it is very high risk and hopefully you are lucky can to get a big profit in next year if Bitcoin prices can to reach $ 20K. if I have a lot of money like you I would also do the same thing.
it's the bravest choice I've ever heard, and it's also the dumbest choice you might choose. bitcoin investment is risky,many people said you have to invest with the amount you can afford to lose and you have just invested with all your wealth? if you lose, then not only you that feel the loss but also your family? Have you considered the risk carefully dude?
newbie
Activity: 24
Merit: 0
August 27, 2019, 07:04:40 PM
#95
The future is clear but it all depends on how knowledgeable you are
sr. member
Activity: 485
Merit: 274
August 27, 2019, 11:21:01 AM
#94
Never invest more than you can afford to lose.  Certainly never invest your life savings and home. 
hero member
Activity: 2828
Merit: 611
August 27, 2019, 06:42:39 AM
#93
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 am truly amazed by your courage to buy 4 Bitcoin and hope that the price of BTC will rise high in next year. we will not know what will happen in the future and cannot predict the price of Bitcoin, in my opinion it is very high risk and hopefully you are lucky can to get a big profit in next year if Bitcoin prices can to reach $ 20K. if I have a lot of money like you I would also do the same thing.
The decision he made was actually a right one, but I feel he went about achieving it in a wrong way, the worst thing he can ever do is to take loan for such a high volatile market, and we all know that loan has a time frame, we could say that bitcoin will rise to that $20k next year and would not rise, may be the upper year which might have made him loose his house already, and for an investment that you are getting times 2x, I am not sure that it was worth all the risk that much.

The best would have been for him to put little saving into it and allow it to grow even if it does not have to be much, and I feel greed is still what made him sell everything to want to get 2x first. If I were him, as I put the $40k, if it increases to like $50k, what I would do is to remove the $40k to pay and then continue with the remaining $10k to invest with more.
hero member
Activity: 2576
Merit: 586
August 26, 2019, 11:15:51 AM
#92
First of all I would say that it takes a lot of guys to do what you did, Congratulations on that. Secondly, I'm too sure that bitcoins will increase upto 20k this Christmas but we can't really be sure of that although it's the highest probability.

Also at the same time it is supposed to be risky since the market is going a lot up and down but we somehow manage to attain stability even so the market may change anything we can only hope for the best.
None of us can really be sure of that, and we hope that it does increase to that, but I doubt if the market makers will see it get to that because I am still scared that we might enter the bear market too soon if the value suddenly shots up to the $20k, because of the pending trades that we have on the last bull run.

You remember that many people bought at that peak price, and all they are waiting for right now to correct that mistake is to see bitcoin grow to $20k, the moment that bitcoin grows to $20k, I have this feelings that majority of them will want to quickly  recover their trapped funds, and by the time we have massive dumping, it would also create panic for the rest and could make the bitcoin return back to bear market prematurely.
sr. member
Activity: 1638
Merit: 260
Trphy.io
August 25, 2019, 11:03:19 PM
#91
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 am truly amazed by your courage to buy 4 Bitcoin and hope that the price of BTC will rise high in next year. we will not know what will happen in the future and cannot predict the price of Bitcoin, in my opinion it is very high risk and hopefully you are lucky can to get a big profit in next year if Bitcoin prices can to reach $ 20K. if I have a lot of money like you I would also do the same thing.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
August 25, 2019, 06:41:24 AM
#90
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.
Then change the topic title to “Bitcoin Will make my Money Double” lol

I will never be a fool doing such thing thinking that assurance for my family’s future is at stake here.

I don’t know if  you consulted your wife and children’s before doing this but I’m sure they have something say and it’s very important because this is not only for your life but their future is what.



I believe IN Bitcoin and I am still investing for future but I never forget what’s the golden rule of cryptocurrency that we have hearted and most followed

“Never invest something that you cannot afford to lose “
hero member
Activity: 1890
Merit: 831
August 25, 2019, 02:13:54 AM
#89
First of all I would say that it takes a lot of guys to do what you did, Congratulations on that. Secondly, I'm too sure that bitcoins will increase upto 20k this Christmas but we can't really be sure of that although it's the highest probability.

Also at the same time it is supposed to be risky since the market is going a lot up and down but we somehow manage to attain stability even so the market may change anything we can only hope for the best.
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