Quote from: South Park on September 22, 2018, 08:19:39 PM

Quote from: infonik on September 14, 2018, 09:19:25 AM

No matter how others evaluate Bitcoin, I have already bought 2 Bitcoins at $6520, even if this investment fails, I will not sell it!

Just remember one of the most basic rules of investing, do not invest more than what you can afford to lose in the market and even if you lose all the money that you put at risk you will be fine, besides you made a very good deal when you bought bitcoin at that price because I could easily see bitcoin recovering in the next two or three years, just make sure that you hold your coins for the long term so you can see those profits

While it is true that it is difficult to predict accurately what the performance of bitcoin will be in the coming years, buying bitcoins at this time seems to be a safe investment given that many dared to buy bitcoins above $15,000, so the potential of losses for those who buy today is much lower than for those who bought last December. However, you must keep in mind that in such an immature market as this you must be mentally prepared to face any potential scenario, from multiplying your investment x10 to losing everything, so try to be patient in good times and bad, because even if the bitcoin price were to touch the $20k soon, it will be equally difficult to decide if it is a good time to sell, or wait for the price to reach $50k.