Post
Topic
Board Bitcoin Discussion
Re: Does it make any sense to buy Bitcoin now?
by
SirTradeX
on 16/03/2018, 09:48:36 UTC
Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?

It makes perfect sense to buy it right now. It is very cheap right now. Literary on a disscount.
It will never make 30000% return because that would mean we would have to put 90% of the fiat currenty into the bitcoin market cap. It is just impossible. At least not in 10 years time. It could happen in 50years when the inflation would degrade the price of USD/other fiat currencies.
in 10 years time crypto could really be worth 100times more than today, but you have to account that if that was to happen, goverments wouldn't allow it for sure since it would give 0 control over people's money to them. If you are here to get rich as fck instantly i'm sorry to dissappoint you, but you have missed that train Smiley Even the people that got rich by investing in bitcoin last year had to have a shitload of money for that to happen.