Post
Topic
Board Bitcoin Discussion
Re: Staying away from Bitcoin for 5 years
by
Maddinson100
on 26/05/2018, 06:10:44 UTC
The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.

If you come back to bitcoin in 5 years you most likely won’t even be able to afford to buy 0.05 bitcoin’s. With the next halving in 2020 plus the gradual increase in price due to new adopters if you’re leaving now you moght as well stay away because you’ll be kicking yourself.
You will come back after 5 years because you don’t want bitcoin for the next five years. It means that you have no patience and you cannot wait for good times. But I want to tell you that half of the world will use bitcoin after five years and the price will be more than $50k. if I have money I will buy bitcoin and forget for next fi years to earn huge profits.
Why one should stay away from Bitcoin and what would be the need of staying away from such a valuable and benefited currency. If Bitcoin is benefiting us then we should not let it go and should adopt it as our main currency for payment and transaction systems that will benefit us in saving our money and will reach the transactions and amount within no time as it is frictionless.