Post
Topic
Board Economics
Re: Still Buying Bitcoin at $10K?
by
Jating
on 05/12/2017, 22:40:15 UTC
If you bought bitcoin at $10K and you think that the price is too high then you have to re-think your investment strategy, It looks like it hit $12K already, so that's around 2K profit for those who bought 1 bitcoin. And even if you have bought less than 1 bitcoin only, there's a clear profit to take as well.

But I have to agree, than hitting 5 digits has made a lot of casual investors like me to get bitcoin and waiting for the price to dip, but the sentiments are still bullish after the CME bitcoin future contracts has been announced and CBOe as well.

Personally, I can't buy at this steep price, would rather have to wait for a price correction and see what will be the floor price. But for those people who have some money to spare, you can buy bitcoin but be sure that you are going to hold in for the long term.