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RE: I won't wait longer to buy Bitcoin! Next stop might just be $400 000

in #bitcoin5 years ago

Hi @foxkoit,

Hi from South Africa ;)

Your english is great! Thank you very much for your comment. I totally agree with your statement that there are many more players in the market than 5 years ago. I think the bulk of the larger companies have not even started to join yet and the best is yet too come.

Bitcoin is weird in the fact that people only start buying when the price starts running. They usually buy too late. My point is actually that if you buy at $2000 or $4000 or $6000 , when the price jumps as high as it usually do we will all win as their is not too much of a difference if you sell at $200k, or $300 k. The risk not buying now is just too high. No reason to wait for the BTC price to drop to $3k before you buy.

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Fully agree, see that you have it, but invest in what you can lose and you not feel very bad if you not get nothng. Here can happen lot in one week.

Yes I agree, it is a big gamble so we should only invest what we can afford to loose.

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