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Topic: Is it a good long term investment to buy 1 BTC today? - page 138. (Read 253367 times)

newbie
Activity: 11
Merit: 0
My personal idea is everytime is suitable for to buy only 1 Bitcoin
hero member
Activity: 770
Merit: 500
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.
the problem is where to buy bitcoin at $400 at the moment? and 2k after a week/few weeks? that seems even out of my imagination Grin but it's almost time to buy now! Bitcoin price is dropping
sr. member
Activity: 476
Merit: 250
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.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
For me 10 years is a buy too. It's almost impossible to see bitcoin worth less then 450 USD in such a long time period.

I wouldn't be surprised if the price would be in the 3k region.
hero member
Activity: 770
Merit: 500
Please elaborate on which time perspective. There is a different scenario for every different time frames.

1 week, 1 month, 1 year, 10 years?
1 week > risky
1 month > less risky
1 year > BUY
10 years > STRONG BUY
Well I think that 10 years is hard to say. the mining reward by then has reduced a lot which can cause the bitcoin supply everyday got lowered and the fees will raise. 5 years is recommended to buy I think and I agree that 1 week is really risky
sr. member
Activity: 406
Merit: 250
I don't feel comfortable buying at this value, but every year Bitcoin price has been increasing so far so you should be ok if you are willing to hold for some time. Also many users here will tell you that with the halving happening next year the price will double in the next upcoming months.

I don't bitcoin will go any lower than $350 at this point. If you can you could buy now. I'm certain that bitcoin will reach $1000 next year and you'll still be able to make profits. If you don't buy now you might miss out on profits made from bitcoin right now. If you own bitcoins right now, I'd say to just hold for now. Investing in bitcoin for 10+ years is always a good thing to do, especially if you can afford it right now.
legendary
Activity: 896
Merit: 1000
Sure it is a good investment.

Just make sure to don't panic buy. As stated by others the price is actually very high now, I would buy around the 380 area. Not above this price.

Just 1 panic dumping and you can lose a lot of your money.

as long as people don't sell their coins, they don't lose anything. if they see the price go down significantly, and then they sell. yes, then they are indeed making a loss.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
Sure it is a good investment.

Just make sure to don't panic buy. As stated by others the price is actually very high now, I would buy around the 380 area. Not above this price.

Just 1 panic dumping and you can lose a lot of your money.
hero member
Activity: 778
Merit: 500
To me it is. Sure the price is a little high now but in the future it will be worth at least 1k.
Optimistic people even expect it ot be 2k...
full member
Activity: 182
Merit: 100
Pollak
If you like earning money by profiting on just a simple buy transaction then yes buy as fast as you can becaues the price of bitcoin will be much higher then the current price.

Just compare bitcoin to other investments and see the benefits..
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Been buyung for over a year now and made considerable gains all throughout this year. It's a good investment if you plan to hold on for long term and not for only a couple of months. There is a lot of money to be gained in btc and putting some of your extra idle money in it is not a bad idea at all.
hero member
Activity: 560
Merit: 500
I wouldnt buy a bitcoin now because all expecting it to reach a bigger value but what may happen is a big drop and once again several people crying and saying bitcoin were the worse thing they had done,there is no bases to bitcoin being worth the value it has todays since last two months we were at 180 -300 dollars searching for stability,trading daily as the price up and down should be the way to go if wanna to buy.
Pab
legendary
Activity: 1862
Merit: 1012
Btc is still  very risky,I think we will see 600$ next year.But risk will always remain
newbie
Activity: 10
Merit: 0
Please elaborate on which time perspective. There is a different scenario for every different time frames.

1 week, 1 month, 1 year, 10 years?
1 week > risky
1 month > less risky
1 year > BUY
10 years > STRONG BUY

What i think about Bitcoin you said this analysis i egree with you .
legendary
Activity: 1862
Merit: 1004
I will put it that way - we don't have idea how bitcoin will scale in the future, but judging from bitcoin's short history - future could be even more extraordinary.
It would be fooling to pass that opportunity, even if you have money for one bitcoin and you don't want to do anything with it now - buy it, store it and forget about it.
In 10 years your bitcoin could be worth $10.000 or even more, it also could be worthless. But it is worth the risk.
sr. member
Activity: 406
Merit: 250
it is a good investment to do in my opinion though you cant expect to become very rich from such a small buying or if it would possibly happen that you would become very rich you would need to wait a few decades in my opinion so its better to buy as much as possible now
hero member
Activity: 1190
Merit: 500
of course, i think more than 1 btc is better
legendary
Activity: 1232
Merit: 1091
Please elaborate on which time perspective. There is a different scenario for every different time frames.

1 week, 1 month, 1 year, 10 years?
1 week > risky
1 month > less risky
1 year > BUY
10 years > STRONG BUY

I do kinda agree with how you think about the future. I consider even holding for 1 year to be a very strong buy. The block halving will do its work and make the price reach possibly a new ATH in 2016.
legendary
Activity: 1540
Merit: 1003
If for few years is considered as long term then yeah it worth buying 1 bitcoin today even though it is not a cheap price.
hero member
Activity: 742
Merit: 500
Please elaborate on which time perspective. There is a different scenario for every different time frames.

1 week, 1 month, 1 year, 10 years?
1 week > risky
1 month > less risky
1 year > BUY
10 years > STRONG BUY

good explanation
Tha's why we should alocate our 1 bitcoin for ten years, yeah for long-term investment
1 week is very risky, but It is pretty much the highest-risk, highest-return investment that you can possibly make, i prefer for 1 month due to it's volatile nature
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