Post
Topic
Board Bitcoin Discussion
Re: I do not have the guts to buy bitcoins now.
by
FrankNoland
on 01/09/2017, 05:35:48 UTC
Am I the only one who is under the impression that the price of bitcoin will plummet before day 1 or soon after?
This bitcoin fall to 2400 and the climb up to where it is now get me the impression that the whales are piling up to dump everything before day one.

Also I'm seeing a lot of people wanting to save the bitcoin for the first day thinking that Bitcoin Cash will be worth the same as the bitcoin or that at least they will make good money with it. They are not even realizing how this will devalue bitcoin.
In my opinion, I think that bitcoin is one of the best investments at the moment, since you might end up benefitting so much from your investment. However, I wouldn't recommend that you consider buying bitcoin at the current moment.  Earlier this morning, I saw this other thread here on the forum, it said that bitcoin reached new all time high of $4800 for the first time, although the current its $4600. This indicates that there is too much risk involved in bitcoin investments at the moment. Rather wait for the crash, and buy it.