Bitcoin - reason for long term invest - page 3.

timerland

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Quote from: pwl_m_tommi5 on December 16, 2018, 05:00:06 PM

Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?

I don't necessarily think that bitcoin will behave like stocks. They are completely different in terms of the motivations behind people investing in them, as well as the way that profit is generated.

But if you are investing in the long term, and you believe that adoption is really going to pick up for bitcoin in the future, then yes, it is a good idea to invest in bitcoin when there is a bear market, and price and sentiment is low. Just like you would try to pick out the lowest possible entry point for a good long term stock to invest in.

That is only assuming that you are willing to hold onto your position for a number of years. If you are a trader who is seeking short term profits, then buying at this point may not be a good idea since there may still be dips coming in the near future.

ramesh770

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Quote from: pwl_m_tommi5 on December 16, 2018, 05:00:06 PM

Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?

Ya it is always good to invest when you can see big declines because if it got potential then it will surely bounce back after it gets bottom out. and i think BTC now got its low support and it will move above $4500 level and if it gets good support then it can move more up.

harizen

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Quote from: pwl_m_tommi5 on December 16, 2018, 05:00:06 PM

In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment..

It doesn't and it never will be.

Expectations about what will be the bitcoin price in the future will leads into much stronger volatility.

Quote from: pwl_m_tommi5 on December 16, 2018, 05:00:06 PM

..and in this connection assume that in long term is it good idea to invest after big declines?

We have different approach and preferences if we will take bitcoin as good in terms of long term investment.

In that case, do your own assignment and research if it will meet your criteria. Even if we say here that it's really good for long term, you are the one who will managed it along the way so there are chances that we might have different result. Understand the risks and you are good to do.

safarabela

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I feel the benefits of bitcoin, and I'm sure bitcoin will be able to survive in the long term and can grow higher in the future, and therefore I have no doubt investing in bitcoin in the long run.

davit putra

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Before choosing bitcoin to invest in both the long and short term, you must first have patience because it will be a force to fight panic from yourself.

haroldtee

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Quote from: jadenunderhill on December 17, 2018, 02:09:33 AM

Quote from: pwl_m_tommi5 on December 16, 2018, 05:00:06 PM

Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?

You must not use "invest" word. Use "gambling" instead. Few years from now bitcoin's prise will be around $100.

Good for you! And let’s see how that is going to end up working out for you as well with your FUD. Nonetheless, whether it ends up as $100 or $1, that does not change anything with it serving the purpose, your so called fiat will not be able to serve ever. Everyone have their own decisions to make anyway, and no one can tell what the future holds. Nonetheless, at this point I have more hope in bitcoin in the long term, than I will ever have in some dumb fiat. Watch, see and learn!

mwaqar17

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It is the best time to invest in BTC or any other crypto currency if you want to pursue your carrier in crypto field. In other words it is giving you second chance to earn from crypto currency. If you have not earned from December 2017 experience. Just invest maximum amount and wait for few months.

dothebeats

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IMO, it does not behave entirely like the stock market but yes, if you entered the market after a huge crash, long-term you will be able to get some good gains as evidenced by the past 'cycles' of the market. I was one of the lucky lads who invested when bitcoin was on its $200 mark and sold when the price rose to $2900. It might not be an enough testimony to use as a basis but then again, the charts are always there to be viewed. Also, given that a lot of financial experts are already shouting for a long, overdue financial crisis, I think it's best to stock on bitcoin as early as one can, as it will surely be the asset wherein people would pour their money to once the inevitable happens.

syberwolfen

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Well, In my personal opinion I think long term investment is always safe and secure the bubble might happen anytime but BTC has ability to reach $100k based on the speculation given by the experts also a lot of big whales believe in this and waiting patiently.

liuqi

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Quote from: pwl_m_tommi5 on December 16, 2018, 05:00:06 PM

Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?

Those are believe the Bitcoin they never move to another investment. So long term investment is the good choice for Bitcoin because crypto economy is slowly occupy the many countries so it is right time to invest in future currency. Nowadays everything is depends on digital technology so crypto also goobalised in future.

WinslowIII

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Quote from: BrewMaster on December 16, 2018, 11:20:39 PM

Quote from: WinslowIII on December 16, 2018, 09:48:24 PM

Quote from: b3j0 on December 16, 2018, 05:33:26 PM

if you want to invest, you must have two important things, namely patience and accurate analysis. all investments are long-term and there are no investments that will profit in a short time.

Not true - anyone going in deep in early 2016 would have gone 50x late 2017. If you think 50x in less than 2 years isn't short term profit I don't know what to tell you.
It's all timing.

if you consider 2 years as "short term" then what do you call day traders or basically those who are in and out of the market with each small swing which can take from a couple of hours to a day or two?
2 years may not exactly be the long term investment but it surely isn't a short term either.

Gamblers.

normanz

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Bitcoin is the main coin in crypto, and as a major coin, bitcoin has the potential to survive and continue to increase. But what must be considered is that the value of bitcoin is unstable and risky, so you must have patience and strategies so you can benefit.

Pursuer

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no it won't be like stocks market, maybe some of them like apple or something like that but not quite the same because bitcoin is very different in the sense that it is a new technology that is also global while all these stocks are limited and majority of them are for companies that can not grow that much either.
bitcoin on the other hand is being adopted by the whole world and so far it has not reached any big adoption percentages yet so there still is a very long way to go before it even matures and reaches medium adoption let alone the final mass adoption. and that makes most of its potential as a long term investment.

sunsilk

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I already stopped comparing or correlating stocks to crypto's or bitcoin, these are two different places for people who are looking to invest their money. But to think of investing after the big declines, this what people must do.

Buying during the dip has been recognized and popular strategy even in stocks. And as for bitcoin's past chart, you can see that after these corrections, there's an extreme increase in volume which means that people do really buy after the dip.

cryptocrusher

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Quote from: pwl_m_tommi5 on December 16, 2018, 05:00:06 PM

Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?

There's only one reason why you wouldn't want to buy a dip (if possible) and that's that you don't think a recovery is going to occur. In stocks people generally assume it will based on past history. Bitcoin's history in that regard is shorter but the likelihood is that it will recover and go on to find new strengths. Warren Buffet's age old advice to be fearful when other's are greedy and greedy when other's are fearful transcends just the stock market.

shendy

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Quote from: pwl_m_tommi5 on December 16, 2018, 05:00:06 PM

Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?

I think if crypto is indeed worthy of long-term investment, by its nature it cannot be controlled so this will be a valuable investment in the long run, waiting patiently and continuing to learn to read all the crypto market situations.

btc_angela

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Quote from: pwl_m_tommi5 on December 16, 2018, 05:00:06 PM

Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?

Good question. Bitcoin or crypto is still at its infancy so it's hard to correlate in with stock market as the latter has been in the scene far more than crypto. But if crypto might turn out to be like stocks with the price going up and down so for me its better to buy when their is blood in the street, just saying and HODL for long term.

Lucius

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Now it's certainly a better time to invest in BTC than a few months ago or a year ago. We are in bear market and there is no doubt that anyone who wants to invest should know that this is an ideal opportunity to buy cheap coins. That does not mean that the price will not go down even more, and I see many search for reasons to buy now or to wait more. Perhaps it would not be bad to wait January or February next year, if a bigger drop occurs that might be right at that time.

I personally see the investment in BTC as a smart, but also a risky long-term investment. Because of the fact that BTC is only ten years old, it is hard to forecast for the long run. Although there are some patterns of behavior during the years, we can not fully rely on them.

Each individual must decide what's the best for him and his future, and to invest few percent of monthly salary in BTC can be a very profitable investment. Some people think long-term is just one year or maybe two, but for me it is 5-10 years at least.

Ten years in the future price of BTC should certainly be expressed in six digits numbers, although it's just speculative opinion - it can also be only three-digit number.

butka

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There is some truth to the words that investing in bitcoin is like gambling. Some may even say that, in 10 or 20 years, bitcoin will either be worth zero or millions of dollars. And I agree. No middle ground here. This may be the proper way to look at investing in bitcoin. I personally would like to think that investing in bitcoin is much more than gambling and that ultimately, it will become one of the most important asset classes in the world. So, yes, I think the cryptocurrency environment could become similar to the stocks environment. But that's just my hunch, nothing else.

BlackPanda

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Quote from: pwl_m_tommi5 on December 16, 2018, 05:00:06 PM

Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?

I also think like that. in my opinion that Bitcoin is a profitable type of investment. At this time bitcoin is so convincing to be a long-term investment.
With the growing number of Bitcoin users every year it will promise that the price of Bitcoin can increase dramatically in the future.

Topic: Bitcoin - reason for long term invest - page 3. (Read 975 times)