Post
Topic
Board Speculation
Re: Is it too late to buy bitcoin?
by
Axthunder
on 02/11/2017, 10:41:20 UTC
buying now would be insane, it's at its ATH right now. If you'd like 100% profits with bitcoin, it need to go to 14K. Not that it can't get there, but if you invest in the altcoins now when they're cheap as shit, you'll see 500-1000% profits really quickly. I'm talking Sonm reaching 1$, stratis reaching 12$, ... take a walk down memeory lane, hasn't this happened before? Bitcoin shooting up and the alts bleeding? This time it's more severe, sure, but that was to be expected; the higher the numbers, the crazier the graphs in this market. In a matter of weeks bitcoin will collapse, and the alts will rise back up to new ATH's. Then in a few months, Bitcoin will shoot back up to a new ATH and the alts will fall back down, ...
How many times in the last 5 years have we heard that BC is at All Time Highs?

Sure, it drops, but over the next a couple of days/weeks/months it creeps up again to establis another ATH.

One view is that it's ALWAYS too late. Another, that I favour, is that it's NEVER too late.

it doubled in 1.5 months, going from 3500 to 7000. That's a capital gain of over 50 billion. It will drop sooner than later, most likely after the fork. Up until then it will keep rising no doubt, probably to 8K
I agree with you the fork did it rise very high and now i do not think it will go down anymore so even if you buy it at this price it will go high and reach a lot of money by that time i hope we can all make a lot out of it.
I agree with you the fork did make it rise and it is going to rise more and more i hope we can do a lot but it is never too late to buy bitcoins because if it grows you can make profit out of it and if it goes down you can make profit out of it when it grows again.
You are right but i personally think that it is never too late too buy bitcoin because bitcoin is not something that can go down easily it need a big thing to happen and go down a lot you can just see it as a growing pile.