Quote from: Barikui1 on Today at 06:45:09 AM

Quote from: danadc on December 22, 2024, 07:59:02 PM

It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.

All you where saying was quite ok too me until you said this, so I just want to make a correction here, because it can be misleading if not corrected.
Bro it's very much true that Bitcoin value can go even further up by January, but it's still very cheap comparing to how much Bitcoin can go in the future, let's take a look at Bitcoin and it growth over the years, it shows that it hasn't even gotten close to it peak price, so if you acquire it now and it later went as high as a million dollar in the future, isn't it very cheap acquiring it at this current market price?
as long as you are a long term holder and you knows the true potential of Bitcoin, you will gladly buy it now knowing fully well that the price you are getting it now is extremely good comparing to what you might gain in the future.

So in essence of what am trying to say is that bro, now is the best time to buy Bitcoin because we are still in it early days, so I believe that any price you get it now is still very cheap comparing to the value it might skyrocket to in the nearest future.

I don't see anything misleading concerning his statement maybe you didn't read well to understand what he's saying, you both are on the same page cause his question State "so is it not cheap to buy now?" and not the other way round, stating that there's a possibility of Bitcoin rising by January alone should've made you understand that he aware that it's more cheaper to buy at this point. Anyways, it's very true that we're still at the early stages of Bitcoin therefore I don't think anyone should be scared or worried about the price or even want to wait for more downslide before buying, while waiting the person would definitely miss several opportunities, the market has given us the opportunity of buying more so it would be best to seize the opportunity now and even buy more if it the price decrease more, that's considered as more buying opportunity. If you notice, big institutions and top business tycoons are still buying so i wonder why individuals would be having second thoughts instead of seizing this buying opportunity the market has offered.