Quote from: masterrex on December 27, 2020, 09:45:06 AM

Quote from: UmerIdrees on December 26, 2020, 05:47:34 PM

Bitcoin today is all time high and most of us would have some bitcoin or satoshi with us. Many people would sell the bitcoin at these high prices and mostly new people who do not have bitcoin will still not buy bitcoin because they think bitcoin prices are too high.

I would like that all of us who do not have bitcoins, should buy $200 worth of bitcoins , keep it in some wallet and forget it. In five to ten years time you will thank me about this investment. Maybe most of the people will have their good retirement life if they just invest $200 worth of bitcoin today.

Please also pass this message to all your near and dear ones. You never know in 10 years time 1 satoshi may be worth 1 dollar.

IMHO, I believe your intention is good, but how can we so sure that $200 dollars worth of Bitcoin will be worth thousands in the future, Are you considering the 'threats and fud's" in this industry like the government regulations issues and even the technological advancement in computing system might pose a serious threat to Bitcoin itself.

Say this line way back 2010 and the current situation will answer your question. We all know often times history repeats itself so there is no denying that $200 spent to save a cryptocurrency today may probably worth a hundred thousand or more in the next decade. Of course, I am not ruling out the possibility of failure.

Quote from: masterrex on December 27, 2020, 09:45:06 AM

Quantum computing is gaining much attention recently because it was already achieved, so I think the future is uncertain thats why buying $200 worth of Bitcoin with that purpose is not needed. In my position, it is better to invest it today until the market is showing positively.

I think there is nothing to worry about Quantum computing since I believe developers will develop a QC-resistant Bitcoin before Quantum computing becomes a threat. Besides this is not solely a problem of the BTC network but all of the security network of the world.