Quote from: el kaka22 on September 05, 2018, 02:17:11 PM

Quote from: Silberman on September 03, 2018, 08:58:42 PM

Quote from: thuyvy2207 on August 29, 2018, 07:11:07 AM

Quote from: pocketfullofpoke on August 29, 2018, 04:44:09 AM

If i am just a new investor in bitcoin having a price of 100,000$, i think i will only buy a small slice of it because i could not really afford to buy a whole of it. I am going to hold it, let it grow up higher and if the price is already right for me, then i will sell it right then.

I think not many people have a bitcoin when its price is $ 100,000. At that time only rich people could afford to buy bitcoin, so hardly imagine bitcoin going to have such a day. I am not confident I will buy more bitcoin at that price (even a small slice of it) and wait for higher price.

This is why I do not understand why people in the forum do not take advantage of the current price of bitcoin, the price is very low and I do not think that we're going to see the current price for a very long time, all of those people complaining about the price of bitcoin being too expensive right now are going to have a hard time in the future when bitcoin reaches six figures and they cannot afford to buy a whole bitcoin anymore.

One thing about a market is that it will still have its own fluctuations even at that $100k and the same way some of us are buying now when compared to the value some bought even as at 2010, is also the same way people who are just stepping into the market will start looking forward to buying by then even though what most people will now be looking for by then could be some undervalued market instead but as far as this market is already being utilized as a currency and a general means of payment on a large scale, people will still buy even at $1m at least what they can afford to buy.

For that I will not buy bitcoin anymore but buy coin which still have very cheap exchange rates like altcoin because,
If buy too expensive its risk is too high.