Topic: Is it a good long term investment to buy 1 BTC today? - page 141. (Read 253349 times)

i'm not seeing anymore sub 400, or near that level, so it should be safe to buy 1 btc now, especially if you want to sell it later for 1k or more

it will not be a problem in that case if we drop to 380-400, you will not lose anything

For now, it's not wise enough to buy any BTC until the end of December.
I think christmast eve affect bitcoin transaction world wide recently

I don't think the price will drop down to $300 something any time soon. So yes if you're looking to make some profits I'd say right now is a good time to buy.
It will only go up from here after the new years bitcoin will probably drop again to where it is right now.

I think you could try buying one. Months ago people were asking the same when the price was $300 and now it's $100 more. Maybe next month it will be another 50 or 100 up.

No your response here is far from his post.

Selling out doesn't mean cashing out. It's different. Im an average trader and we in our group sells coins if we see profit out from buying on it. Decides if we will push farther with our target or vice versa.

if you are updated with the news, China's the one who pushes the price up due to its capital control policies which makes its citizens to buy a lot of bitcoin. the price will soon get higher due to the halving I think

why didn't I buy when btc range was 200-300 back there, or 30, or 10?, 'cause I hadn't have money, hadn't known anything 'bout btc except it's name until lately. yes, I'm a newbie. I enter btc world at this rate and that was how I react.
with this investment subject, what a newbie like me can do are doing some research about predictions, theories, what, and why, will the btc price be within next 1 month, 6 months, 1 year, 10 years, ...? why the price is 450$ now? what forces behind? why did they make it like that? what do they want? what will they do next? ... with all that I made up my mind and spoke my opinion.

I don't think I will have any regrets. I believe bitcoin hasn't reached it's full potential yet. I can also see why people are selling out when they can make profits. Because they might need the money right now, sooner than later.

You should've bought when the prices were acutally in this range. You are too late to the party now, so better stop hoping you will get such a deal again and just buy in.
It has been in the 200-300 range for more than a year and you failed to buy, why would you buy now in that range? You'll probably be wanting 100-200 dollar coins by then and you end up buying nothing.

The price of bitcoin is determined solely by supply and demand.  The supply is 14.1 million coins released so far, plus a measured release of new coins, currently 3,600 per day, dropping to 1,800 per day in the third quarter of 2016.  There will never be more than 21 million coins.  The demand for bitcoin is currently speculators and people who use bitcoins to make purchases on the dark markets.  If you believe, as I do, that other use cases will emerge for a trustless decentralized digital cash system, then the price of bitcoins will rise and they are currently a great investment.  If you believe that a previously undiscovered flaw in the bitcoin protocol will be discovered, or that no further use cases for bitcoin will emerge, then bitcoins are a bad investment.  Bitcoin has stood the test of time so far, with the core protocol running well and now in its seventh year of operation.  Nobody has the faintest idea whether bitcoin is a good investment, because the world has never seen something like bitcoin before.  Innovative new things upset people, and bitcoin is no different, which is why bitcoin has both fervent supporters and vehement enemies.  Investing a small portion of your portfolio in bitcoins is no different then buying a few shares of a young company you think will grow.

btc price will drop soon, back to 200-300$/1btc, I think it's better to wait till that day.

i guess when the price will be too high for everyone to acquire 1 btc directly, you will know that we are out fo the early phases

so above 1k could be a good bet, average joe already thing it's too expensive, so it's also relative

1 Bitcoin is a pretty small investment and you shouldn't hold your breath to be seeing huge rises in Bitcoin price. You should definitely invest as halving is just around the corner.

Everytime is posible for to buy 1 btc for save money

if you really believe in bitcoin and the long term potential of it, then investing in bitcoin is very safe. i also hold my coins for the long term. i trust in bitcoin and will continue to do so in the future. i will get greatly rewarded for being a patient bitcoin holder.

To be honest, and I am obviously biased, I can't imagine that you got all the way to:

1) Finding out about bitcoin
2) Subscribing to this forum
3) Realizing what Bitcoin really is (hint: it is not just some shiny digital token)

.. and not owning at least one bitcoin at this stage.

Skip the fancy dinners, pack your lunch, take the bike, whatever, but make sure you own at least a bitcoin. You will be the proud owner of some very limited space in the world wide ledger.

Its not safe actually. But u have good chances of making plentiful money out of your investment as there is too much demand for bitcoins in the recent days. If you are sure that you can hold bitcoins during the price drop until the price comes to normal it is a good investment.

Do you mean everyone should have 10 btc in their wallets by now? And what is the final bubble?

imo everybody should have 10+ BTC or they are risking the final bubble

How long is that early adoption phase?

Many take profits now because of wise acting rather than covers themselves with some ancient looks in bitcoin world.

So act now to avoid regrets.