Post
Topic
Board Speculation (Altcoins)
Re: Shall I buy BTC?
by
meklinks4
on 07/08/2018, 18:20:42 UTC
Bitcoin still have a utility value, in the sence that it can be used in making purchases amongst other values.
Again you need to check the needed impact of your investment. Are you looking forward to profitability?
if yes, why not look at other coins that also have utility values but are way cheaper to buy. assuming you are buying 1 bitcoin for $3000.00 and it appreciates by 50 dollars; you only gained $50.00
What if you buy 3000 seele at $0.5 each and it appreciates to $!.3?
please do the arithmetic and form your opinion.
Except if you have enough cash to buy multiple btc and on the long run; you'll definitely have a rethink.