Post
Topic
Board Bitcoin Discussion
Re: I am pretty confident we are the new wealthy elite, gentlemen.
by
umaOuma
on 08/05/2015, 16:14:20 UTC
For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400.

You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong.

Bitcoin was at $600 when I first discovered it. I have watched it go down and down.
I won't be putting too much money into Bitcoin, but I won't be spending the bitcoins that I have in the near future. I am sure that there are a lot of people who think the same.

It takes much longer than most of us were thinking but the big turn in terms of price is around the corner Smiley

Yeah you are right. At present I am also going through losses and now I am not putting my money into bitcoins but the amount of bitcoins i hold i have kept it safe for future. I believe that prices will go high and so i am not spending it let's hope for the best.