Is it a good long term investment to buy 1 BTC today? - page 137.

expert4knowledge

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Quote from: Emersonnets on December 23, 2015, 03:02:14 PM

Nothing is safe when it comes to bitcoin. The bitcoin market is very unstable, I don't think it will ever be stable that's just the way the bitcoin market works.
You do have a big chance of earning a bunch of profits if you are investing into bitcoin for a long term.

I strongly agree with you, we cannot ensure about anythings, I saw that many people say it is rising and will soar but after a few months when they see downfall of price they say there is not time for bitcoin and it is bad investment.

Emersonnets

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The trouble is you think you have time.

Nothing is safe when it comes to bitcoin. The bitcoin market is very unstable, I don't think it will ever be stable that's just the way the bitcoin market works.
You do have a big chance of earning a bunch of profits if you are investing into bitcoin for a long term.

knowhow

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No way this pump at bitcoin already happened sometime ago jumped from 200 to 300 fast,then returned 180 and recover to 250 and then 300 dollars now we can see there is a 150 dollars diference and nothing new besides the halving that is coming.

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Quote from: Luqman on December 22, 2015, 09:18:08 AM

Yeah, better we wait for buying bitcoin in the lower price before block halving. I would like to see the price under 350$ then consider for buying bitcoin.

Goodluck then waiting for that.

Quote from: Luqman on December 22, 2015, 09:20:28 AM

Just my thought then, in 2016 many economist predict bitcoin price reach 1000$, then buying for current price is not bad at all, but buying litter lower would be nice.

You already said it so why wait for 350. Anyways that is your opinion and Im nothing to do with it. Many rumors that bitcoin price will be much higher than the price rates today next year why halving is approaching that's why at the current rate many still performing buys. One another reason is, this is the last time we can see the price is cheap.

nerFohanzo

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Quote from: Luqman on December 22, 2015, 09:20:28 AM

Quote from: avw1982 on December 22, 2015, 08:58:40 AM

Quote from: Luqman on December 21, 2015, 07:20:17 PM

If planned to buy a huge a mount of bitcoin then you should wait until the price will drop, because Im sure bitcoin price will drop before block halving happen.

For a long term it doesn’t matter I can buy now according current price as well Because according to Satoshi’s prediction 1 Bitcoin will reach upto 10000$ But It didn’t scratch the surface also. He can buy without any fear.

Just my thought then, in 2016 many economist predict bitcoin price reach 1000$, then buying for current price is not bad at all, but buying litter lower would be nice.

Yeah and I believe that this is the right time to buy as the price of bitcoins would be much higher in the future and if you look the price of bitcoins in last 3 months then it is continuous increasing so still at this price we can afford to buy bitcoins as it would surely give us profits in the coming years and I would prefer to buy more then 1 btc as it would be proved to be an sound investment to make at a moment.

Luqman

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Quote from: avw1982 on December 22, 2015, 08:58:40 AM

Quote from: Luqman on December 21, 2015, 07:20:17 PM

If planned to buy a huge a mount of bitcoin then you should wait until the price will drop, because Im sure bitcoin price will drop before block halving happen.

For a long term it doesn’t matter I can buy now according current price as well Because according to Satoshi’s prediction 1 Bitcoin will reach upto 10000$ But It didn’t scratch the surface also. He can buy without any fear.

Just my thought then, in 2016 many economist predict bitcoin price reach 1000$, then buying for current price is not bad at all, but buying litter lower would be nice.

Luqman

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Quote from: lumeire on December 21, 2015, 08:19:34 PM

Quote from: Luqman on December 21, 2015, 07:20:17 PM

If planned to buy a huge a mount of bitcoin then you should wait until the price will drop, because Im sure bitcoin price will drop before block halving happen.

I do consider that too, with the price leveling off around the floor for now I really don't think it's the right time to buy, at least for the week. Waiting for a bit more of a drop would be best.

Yeah, better we wait for buying bitcoin in the lower price before block halving. I would like to see the price under 350$ then consider for buying bitcoin.

Nameless Coin

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Quote from: BitCoinNutJob on December 22, 2015, 08:03:11 AM

I bought 1 BTC and moved to cold wallet for 5 years. I would recommend it to everyone because this is future of money system. If you do it, you will be rich. Soon every Chinese will wants to have a bitcoin. Think about the price after that. Price will skyrocket to the other galaxy...

I did the same and the ones I buy, I put them in a cold wallet as well and I won't be using them until maybe 5 - 10 years have passed.
This would really depend on the bitcoin price at the time that I need it.

avw1982

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Quote from: Luqman on December 21, 2015, 07:20:17 PM

If planned to buy a huge a mount of bitcoin then you should wait until the price will drop, because Im sure bitcoin price will drop before block halving happen.

For a long term it doesn’t matter I can buy now according current price as well Because according to Satoshi’s prediction 1 Bitcoin will reach upto 10000$ But It didn’t scratch the surface also. He can buy without any fear.

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Quote from: jt byte on December 22, 2015, 03:43:21 AM

If you're going to hold for a very long time, I think that buying under $900 is a good time to buy. You will make a lot of profits from buying now rather than later.
You may never know when the price will shoot up or when you've missed your moment to buy very low. $400 may not seem very low but it will be once bitcoin value will rise.

You're right, this is for the long holders though, doesn't apply if you're into bitcoin for the dump and pump scheme.
But for the long term, investing in bitcoin is the best thing to do.

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Quote from: DrLove2048 on December 21, 2015, 10:20:04 PM

No gonna sit here and pretend $450 is 'cheap' but it's cheap enough to be worth the risk. Throw in $100 a month for 4.5 months and your set.

$450 is a lot of money to spend on bitcoin. You're right as to it not being cheap at all.
But I do think that it's a good investment if you're going to hold and save for the future.

BitCoinNutJob

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I bought 1 BTC and moved to cold wallet for 5 years. I would recommend it to everyone because this is future of money system. If you do it, you will be rich. Soon every Chinese will wants to have a bitcoin. Think about the price after that. Price will skyrocket to the other galaxy...

Denker

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Quote from: DrLove2048 on December 21, 2015, 10:20:04 PM

No gonna sit here and pretend $450 is 'cheap' but it's cheap enough to be worth the risk. Throw in $100 a month for 4.5 months and your set.

Yes just try to accumulate when you have some money left. Doing this constantly over a longer period of time can bring you a nice amount of BTC. This way many people feel more comfortable as for instance buying a whole Bitcoin at once, because "it costs so much".
This is also a lot mental driven imo.

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Quote from: justspare on December 22, 2015, 01:53:19 AM

Quote from: Altynbekova on December 20, 2015, 10:04:30 AM

Buying a little lower (around 400 dollar) would be good so you can profit much more. Suppose you buy 10 bitcoins and the prices goes up to 2k. Then you will earn 500 dollar extra just on buying a week/few weeks later right.

There aren't many people willing to sell this low. If you want to buy at least 10 Bitcoin, I recommend buying at $450. You will make a lot of profit still and you can buy your coins much faster.

That's right. If people are willing to dump their coins now price wouldn't be in the current range as of now. Goodluck to those who wants to buy below $350. Don't compare the price movement today in majority of the past months this year.

jt byte

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If you're going to hold for a very long time, I think that buying under $900 is a good time to buy. You will make a lot of profits from buying now rather than later.
You may never know when the price will shoot up or when you've missed your moment to buy very low. $400 may not seem very low but it will be once bitcoin value will rise.

justspare

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Quote from: Altynbekova on December 20, 2015, 10:04:30 AM

Buying a little lower (around 400 dollar) would be good so you can profit much more. Suppose you buy 10 bitcoins and the prices goes up to 2k. Then you will earn 500 dollar extra just on buying a week/few weeks later right.

There aren't many people willing to sell this low. If you want to buy at least 10 Bitcoin, I recommend buying at $450. You will make a lot of profit still and you can buy your coins much faster.

DrLove2048

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No gonna sit here and pretend $450 is 'cheap' but it's cheap enough to be worth the risk. Throw in $100 a month for 4.5 months and your set.

harizen

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When to buy or not, I don't really see any harmful effect if you buy today. What if the price will back to 400 then you bought today at 441? Damn its fine. We will still get back on track in the range of your buy rate so just go long and hold. Didnt you know that by looking at daily volumes in the chart many are buying coins up to today un this current price and that's the reason why the price is at around 440 range now.

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Quote from: Luqman on December 21, 2015, 07:20:17 PM

If planned to buy a huge a mount of bitcoin then you should wait until the price will drop, because Im sure bitcoin price will drop before block halving happen.

I do consider that too, with the price leveling off around the floor for now I really don't think it's the right time to buy, at least for the week. Waiting for a bit more of a drop would be best.

Luqman

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If planned to buy a huge a mount of bitcoin then you should wait until the price will drop, because Im sure bitcoin price will drop before block halving happen.

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