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Topic: Bitcoin as a investment - page 2. (Read 1959 times)

member
Activity: 64
Merit: 10
November 29, 2015, 12:04:13 PM
#14
i have some bitcoins as an investment and i wait for a significant price increase
sr. member
Activity: 348
Merit: 250
November 29, 2015, 11:59:01 AM
#13


Can you watch only an address is MultiBit ?

Yes, a Multibit wallet shows you how many Bitcoins are in each of its addresses, and it also shows their USD value on an exchange. You can encrypt your Multibit wallet so nobody with access to it can spend your Bitcoins without a password. It's one of the most popular Bitcoin wallets because it's easy to use and it syncs quickly.

If you only want to check how many Bitcoins are in an address, and want an alternative to blockchain.info for if it's offline these block explorers are useful.

https://www.blocktrail.com/BTC

https://blockr.io/
hero member
Activity: 748
Merit: 500
November 29, 2015, 11:56:34 AM
#12
I would definitely, of course that is just my own opinion but any free FIAT I get I convert to BTC

Are you waiting for a huge price increase or do you believe it will stay always around 400 USD ?

I believe the price will rise not by a huge amount but the reason I invest in Bitcoin (Crypto currencies) isn't for the price Smiley

Fellow idealist? Nice to know not everyone care about the price only
legendary
Activity: 1652
Merit: 1043
Cypherpunk (& cyberpunk)
November 29, 2015, 11:47:46 AM
#11
I have been buying 0.01 BTC each day for the last month and during this time i have seen a jump of around 10%, its really quite amazing how quickly the bitcoin price fluctuates,

So i am asking Is it worth buying bitcoin for future investment ?

Should i continue buying my 0.01 BTC daily, whats your opinions



Definitely, but you would save some by picking the time of day to get the best price.
If you buy bitcoin on an exchange you will lose a lot to fees over time.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
November 29, 2015, 11:43:31 AM
#10
I did buy some extra even at 340. Those bitcoins are stored in my wallet and are meant for future use. I can't say at which price I would sell them.

But for sure it won't sell them with 3 years.
sr. member
Activity: 348
Merit: 250
November 29, 2015, 11:25:06 AM
#9
yes do it, the next year will bring many surprisess, and there is the halving, i would do it especially for that

buy what you can no need to put you in a bad position


How do you all store your BTC, I don't plan on spending any so i have printed off wallets and i use blockchain.info to watch only the public key just so i can check the amount i have.... Is this the way you do it ?



It depends how many Bitcoins you have and how securely you want to store them.

One of the most secure ways to store large amounts of Bitcoins is in a hardware wallet, but you have to buy the hardware device. The link below explains how the Trezor hardware wallet works and how to buy it.

https://www.bitcointrezor.com/

Other secure options for storing large amounts of Bitcoins is in an encrypted Bitcoin core wallet, or an encrypted Armory wallet. The link below explains how the Armory wallet works.

https://bitcoinarmory.com/

You can read a range of about other wallets (including Bitcoin core) at the link below.

https://bitcoin.org/en/choose-your-wallet

Bitcoin core and Armory both necessitate downloading gigabytes of blockchain before they are fully usable. There are also less secure wallets that don't need a giant download before you can fully use them. The best ones are Multibit and Electrum. You can encrypt either of their wallets, and there are links to information about them at the bitcoin.org choose your wallet page.
legendary
Activity: 3248
Merit: 1070
November 29, 2015, 10:50:21 AM
#8
yes do it, the next year will bring many surprisess, and there is the halving, i would do it especially for that

buy what you can no need to put you in a bad position
full member
Activity: 201
Merit: 100
November 29, 2015, 10:42:25 AM
#7
Yes, I think Bitcoin can be made for investments
You inspire me to do the same thing is to buy 0.01 BTC/day, is a great way to buy Bitcoin
member
Activity: 88
Merit: 10
November 29, 2015, 10:37:35 AM
#6
It's not a bad idea but only cashout when BTC rise at $400 or more.
legendary
Activity: 2424
Merit: 1148
November 29, 2015, 10:32:02 AM
#5
I would definitely, of course that is just my own opinion but any free FIAT I get I convert to BTC

Are you waiting for a huge price increase or do you believe it will stay always around 400 USD ?

I believe the price will rise not by a huge amount but the reason I invest in Bitcoin (Crypto currencies) isn't for the price Smiley
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
hero member
Activity: 784
Merit: 500
November 29, 2015, 09:58:46 AM
#3
I have been buying 0.01 BTC each day for the last month and during this time i have seen a jump of around 10%, its really quite amazing how quickly the bitcoin price fluctuates,

So i am asking Is it worth buying bitcoin for future investment ?

Should i continue buying my 0.01 BTC daily, whats your opinions



if your money is quite better you continue to invest in bitcoin
you can continue buiying 0.01/day and save your bitcoin for future
in future you can get profit doubled Wink
legendary
Activity: 2424
Merit: 1148
November 29, 2015, 09:54:13 AM
#2
I would definitely, of course that is just my own opinion but any free FIAT I get I convert to BTC
full member
Activity: 181
Merit: 100
November 29, 2015, 09:37:17 AM
#1
I have been buying 0.01 BTC each day for the last month and during this time i have seen a jump of around 10%, its really quite amazing how quickly the bitcoin price fluctuates,

So i am asking Is it worth buying bitcoin for future investment ?

Should i continue buying my 0.01 BTC daily, whats your opinions

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