Post
Topic
Board Speculation
Re: Invest on Bitcoin now or wait?
by
barbara44
on 29/09/2018, 12:43:17 UTC
The price of Bitcoin now is very appealing, considering that the price of $6,600 last year was reached at the last quarter of 2017 then it started to crawl up to $19,500. If all happens the same just like last year, then $20,000 USD is just a piece of cake. But consider selling a portion of your profits when you reached a goal to secure your profits and keep some in case price continue to go up.
Not understanding what the future holds is one of the reasons why a lot of people have missed out in getting a huge benefit in the long run. It would only take someone smart, who really understands the long term benefit to focus on the long term and always see times like this as the best time to invest more for the long run.

However, due to the fact that some people just want to get rich fast, they tend to focus so much on the short term and that simply shows the reason why they have no plan whatsoever when it comes to investing in the market and they either join FOMO or panic when there is FUD.