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Topic: Is 1 bitcoin a decent and good investment? - page 12. (Read 15441 times)

full member
Activity: 224
Merit: 100
VocalPlatform.com
It is a good moment for investing, prices are low and some whispering says that at the end of this june month, Bitcoin will pop up to 1000 or

a little more. Every deal has its risks, some higher risks than others, i think you should spend what you are afford to lose.
sr. member
Activity: 252
Merit: 250
It depends on where you are going to invest it and when.

Nowadays, the prices are down, so you have to wait till the prices are up again.
legendary
Activity: 1358
Merit: 1000
my uncle said that 1 bitcoin is all he could afford right now..i could not assure him if it is really a decent and good one...

i said him i will get back to you after i ask this in the forums..

so what is your opinion?

If that is all he can afford, then you should not be pushing him to invest more.
How old is he and at what point would he like to sell his bitcoin?
Does he have the ability to stomach the volatility in bitcoin rates?
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
it's very risky. but yes, i think bitcoin is a good investment, at $650 a pop. I think within the next couple years it will be worth at least 10x that. investing in one is pretty low risk, so it's worth it i would say. Smiley

Well with the price decreasing this week it may be a good deal to get it at sub 600
Maybe around 550 to 500 a coin is a better deal
Time to get a steal while the FBI gets its cash
legendary
Activity: 1582
Merit: 1196
Reputation first.
Yes, I think it, but I think that you should to invest only that you can afford.

Bitcoin price now is 570$, if we're lucky and price will rise up, you'll be very satisfied, like us.

So, good luck bro Wink
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
Ask the guys from 4 years ago.
The one who is dreaming is you, wake up.

Investments with a tiny market cap grow rapidly if the underlying asset is good and the dumb money is not heavily invested yet. This was the case with bitcoin 4 years ago.
However, as the market cap gets into the billion territory and dumb money is already invested similar %-gains are not to be expected. This is bitcoin today.

Many bitcoin latecomers fail to realize this and out of envy for the very early adopters they keep on touting that bitcoin will keep growing as rapidly as it did in the past and similar nonsense.

I suppose it may take a few months until the permabulls are exhausted and finally get a reality check.

I don't think the dumb money is here yet. The Winklvoss ETF will bring some in for sure. Maybe then the permabears will get their reality check.  Grin

An ETF for bitcoin? I sure as hell hope that it is not like SLV for silver and GLD for gold.

What is so bad about silver and gold ETF's?

Both provide a vehicle for people to invest in something that they could not safely invest in otherwise.

If someone wanted to invest $50,000 in gold but did not have a safe place to keep it then they would be unable to invest.

If someone wanted to invest $50,000 in bitcoin but was not technically inclined enough to invest then they wouldn't (or at least shouldn't) or if they did invest it would likely get stolen and create bad press.
hero member
Activity: 658
Merit: 500
it's very risky. but yes, i think bitcoin is a good investment, at $650 a pop. I think within the next couple years it will be worth at least 10x that. investing in one is pretty low risk, so it's worth it i would say. Smiley
member
Activity: 70
Merit: 10
I am a watable wat
Ask the guys from 4 years ago.
The one who is dreaming is you, wake up.

Investments with a tiny market cap grow rapidly if the underlying asset is good and the dumb money is not heavily invested yet. This was the case with bitcoin 4 years ago.
However, as the market cap gets into the billion territory and dumb money is already invested similar %-gains are not to be expected. This is bitcoin today.

Many bitcoin latecomers fail to realize this and out of envy for the very early adopters they keep on touting that bitcoin will keep growing as rapidly as it did in the past and similar nonsense.

I suppose it may take a few months until the permabulls are exhausted and finally get a reality check.

I don't think the dumb money is here yet. The Winklvoss ETF will bring some in for sure. Maybe then the permabears will get their reality check.  Grin

An ETF for bitcoin? I sure as hell hope that it is not like SLV for silver and GLD for gold.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
I think it is a good time to invest, indicators seem to say it will go up soon.
And if it's all he can invest, then that's the right amount to invest Smiley

What indicators? Do you have a chart to share? Could go either way, in my opinion, but this triangle consolidation does seem to have a slightly upwards bias...
hero member
Activity: 490
Merit: 500
I think it is a good time to invest, indicators seem to say it will go up soon.
And if it's all he can invest, then that's the right amount to invest Smiley
sr. member
Activity: 406
Merit: 250
Ask the guys from 4 years ago.
The one who is dreaming is you, wake up.

Investments with a tiny market cap grow rapidly if the underlying asset is good and the dumb money is not heavily invested yet. This was the case with bitcoin 4 years ago.
However, as the market cap gets into the billion territory and dumb money is already invested similar %-gains are not to be expected. This is bitcoin today.

Many bitcoin latecomers fail to realize this and out of envy for the very early adopters they keep on touting that bitcoin will keep growing as rapidly as it did in the past and similar nonsense.

I suppose it may take a few months until the permabulls are exhausted and finally get a reality check.

I don't think the dumb money is here yet. The Winklvoss ETF will bring some in for sure. Maybe then the permabears will get their reality check.  Grin
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
my uncle said that 1 bitcoin is all he could afford right now..i could not assure him if it is really a decent and good one...

i said him i will get back to you after i ask this in the forums..

so what is your opinion?

Long term, sure. Just look at the historical charts. I think the days are over of putting in a couple hundred bucks and becoming a multi-millionaire, but I still think bitcoin has a lot of rising to do over the long haul.
full member
Activity: 210
Merit: 100
1 bitcoin is a better investment than 0 bitcoin.

G.
hero member
Activity: 644
Merit: 500
Any investment in Bitcoin could be considered a good investment, as of now.
hero member
Activity: 882
Merit: 500
At the moment the risk/reward ratio is not that great in my opinion. At best it will go to about 1000 this year. I do not believe this year will see a 10x bubble.
So, you will only make about 50% at best for 2014 if you buy in at current prices. Given the high risk  of bitcoin (can easily lose 60% in a few days) that reward is not that great.


It is also a bit optimize to think it will go to 1000.

Some people actually think it could go to 100000 in a few years when the world wide adaption rate is more than the current 1%. I think these guys are dreaming.



To think it'll hit that this year is dreaming. But imagine that the mainstream companies that already know of bitcoin, such as ebay and amazon, start accepting it. Then, Russia and China reverse their decision and allow Bitcoin in everyday commerce. It could easily hit $10,000+ btc at that time.
This could happen in a matter of months, years, or never. But, main point, it is definitely a real possibility.
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
Ask the guys from 4 years ago.
The one who is dreaming is you, wake up.

Investments with a tiny market cap grow rapidly if the underlying asset is good and the dumb money is not heavily invested yet. This was the case with bitcoin 4 years ago.
However, as the market cap gets into the billion territory and dumb money is already invested similar %-gains are not to be expected. This is bitcoin today.

Many bitcoin latecomers fail to realize this and out of envy for the very early adopters they keep on touting that bitcoin will keep growing as rapidly as it did in the past and similar nonsense.

I suppose it may take a few months until the permabulls are exhausted and finally get a reality check.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
At the moment the risk/reward ratio is not that great in my opinion. At best it will go to about 1000 this year. I do not believe this year will see a 10x bubble.
So, you will only make about 50% at best for 2014 if you buy in at current prices. Given the high risk  of bitcoin (can easily lose 60% in a few days) that reward is not that great.


It is also a bit optimize to think it will go to 1000.

Some people actually think it could go to 100000 in a few years when the world wide adaption rate is more than the current 1%. I think these guys are dreaming.


Ask the guys from 4 years ago.
The one who is dreaming is you, wake up.
legendary
Activity: 1792
Merit: 1283
I think it's a good investment, but only if he can hold on to it, even when the price suddenly drops or rises.
Not easy though, to keep your coins when price rises a couple of hundred percents.
full member
Activity: 343
Merit: 100
At the moment the risk/reward ratio is not that great in my opinion. At best it will go to about 1000 this year. I do not believe this year will see a 10x bubble.
So, you will only make about 50% at best for 2014 if you buy in at current prices. Given the high risk  of bitcoin (can easily lose 60% in a few days) that reward is not that great.


It is also a bit optimize to think it will go to 1000.

Some people actually think it could go to 100000 in a few years when the world wide adaption rate is more than the current 1%. I think these guys are dreaming.

hero member
Activity: 714
Merit: 503
It looks that big enterprises are hardly considering to add bitcoin
ebay,paypal or facebook are looking for their appropiate way.
I think it is in the early phase of the project
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