So... Buy! Buy! Buy!
21 Days Ago I Told Someone That BitCoin Would Easily Hit $10,000
I was browsing through the New articles in the contest category because I was bored and needed something to read. I came upon @aonraza' s article: Question of the day. A reward(SBD) for the best answer.
In the article he asked a simple question about buying BitCoin. The trick was, that you could only base your knowledge of BitCoin and the markets from the chart he included in the article.
If you have 1 month experience of cryptocurrency(Bitcoin) and you have seen that on 9 October it was on $4.4k and now its on $7.1k. Today it is dropped 1%. So, you don't have the best idea of whether it will go up or go down in comming days but there is a talk in the market that it will go to $10k by the end of this year. You are in thought of buying bitcoin.
So, will you buy the bitcoin now?
As with any investment, you should look to more than the most recent data available. BitCoin has been around for several years and the rise in price has only been for the past year. It has had its ups and downs with huge swings. Even recently, it had a big drop due to comments made by Wallstreet gurus. The month chart would not be a good way to determine if you should jump in or not, but I stuck to the rules and gave him an answer.
I doubt anyone would have given him any other answer based on that one month chart. However, I am sure there would be plenty of people who would think that it might drop before the 2 month deadline hit and erase any gains found over the first month. And, I'm sure there were others expecting a correction to happen in the immediate future after the time period on the chart.
At this point BitCoin is still showing a positive upward trend. If the original poster had invested enough to purchase 1 BitCoin at the time of my post at $7,461 on November 7th and sold today at $10,276, he would have earned $2,815. That would be a nice 37.7% increase in 21 days.
Of course, if someone would have bought Cardano(ADA) this morning when I posted A Scientific Philosophy Based Cryptocurrency at $0.0650 at 9:00 am EST and sold it at $0.0961 at 11:30 am EST, you would have had a 47.85% increase in just 3 hours.
Catch the Wave!
Let the positive energy sing!
More Power to the Minnows!!
I am very sad to see the very high bitcoin price, I used to have 5 BTC, at that time bitcoin price I bought only $ 4000, but after I follow bitkingdom community all BTC I was carried away by the irresponsible community, I hope if you havea lot of bitcoin, give me a little bit for me, with your help I can pay the debt, hope you have a good heart, this is my bitcoin address.
16tk3L4bmkBZ4BebhquWKEEvtcynUTtSL1
Uh...sorry for your loss, but I don't have any BTC to give away. I only have what I converted from Steem Dollars and that wasn't a lot.
Omg
Hahaha.
Beyond me why anyone would think telling a story about mishandling of funds would encourage someone else to give them more funds.
It sounds like a bad idea.
I do not expect to give a lot, I just hope how much I want to give me receive, maybe with the help of good people like you, I can pay the debt to a bank, because the first time I bought bitcoin I took a loan at the bank with a guaranteemy home, so now I start stressing how to pay it, so it comes out of my mind to beg on people who may be kind enough to help me
Sounds like a sad story, but there are plenty of sad stories to go around. You shouldn't have made that risk.
First when invited to enter a bitkingdom community I do not remember if there will be fraud, because I was tempted by the bonus given that is 1% per day from my capital. so I took the liberty to take out a bank loan, but in the end I was ripped off and carried away all my BTCs. This is very painful for me
That's on you. Don't expect random people that dont know you to help you. There are 8 billion people in this world, and billions experience misfortune every day. You did a STUPID thing, and that's on you. I'd rather help people with problems they never had a say in, like children with cancer.. You figure this out yourself.
Thank you for responding to my current presence, even if you do not have BTC, I am glad that I have taken your time to reply to my comments, hopefully your day is not as bad as I am experiencing. thanks
Bitcoin ------Like a train without brakes.
sigh Comment spam bot!
hmmm, I missed out on your post this morning - could be a really rich girl now... but I feel blessed to be reading your post tonight :-)
If I would have made that post last night when I bought Cardano, then you could have had a 100% return by 11:30 am this morning. ;)
If I sell, I can buy a cheeseburger. LOL
hehehe... I'll cook you something much better than a Cheesburger - will have to find a way to make you wire the cryptos over to my kitchen :-)
I think you misunderstood. I would only have enough money to buy a cheeseburger.
Believe me, I wish I had converted some Steem to BTC months ago.
I sold it at 6:00 PM EST. Probably should stay in it, but going on the side of caution.
Made $0.00125977 bitcoin for a 124% return in 24 hours.
$12 Cheeseburger.
At least I would have fries and a drink with it.