Is it a good long term investment to buy 1 BTC today? - page 145.

Luqman

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Quote from: JeanMcCoy on December 04, 2015, 08:36:48 AM

I think so that is a good idea.

The price now is kinda oke to buy some bitcoins do it fast.

Before the price will increse.

I think the bitcoin price will falls first before we see the price increase after the new year I think..

JeanMcCoy

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I think so that is a good idea.

The price now is kinda oke to buy some bitcoins do it fast.

Before the price will increse.

Laila10

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Quote from: Tstar on December 03, 2015, 05:21:07 AM

The halving is approaching and considering the supply it will be more and more difficult to own BTC. We don't know the value of a sinlg eBTC in the years to come but it is a finite number, maybe one BTC will not make you rich but you'll own a piece of future (or history! we will see).

You got my thumbs sir.. Yes, the value of bitcoin in several years come will be very high, I see future in bitcoin itself

spirit of btc

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Quote from: Denker on December 04, 2015, 08:02:28 AM

Quote from: spirit of btc on December 03, 2015, 09:35:03 AM

I would suggest you to buy something like 5 bitcoins when the Bitcoin price is 280 USD, and sell 4 of the coins when the price is around 350 USD,
5 X 280 = 1400
4 X 350 = 1400
so you will get 1 btc free of cost.

Your calculations are fine so far.
The only thing you have to do right now it to wait for the price to decrease.
But how do you know it will go down that much?

I dont want you to stick to the prices that I have mentioned, just buy it when you are able to and sell it at a good price and earn like 0.5 to 1 btc as a profit.

Denker

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Quote from: spirit of btc on December 03, 2015, 09:35:03 AM

I would suggest you to buy something like 5 bitcoins when the Bitcoin price is 280 USD, and sell 4 of the coins when the price is around 350 USD,
5 X 280 = 1400
4 X 350 = 1400
so you will get 1 btc free of cost.

Your calculations are fine so far.
The only thing you have to do right now it to wait for the price to decrease.
But how do you know it will go down that much?
As halving is coming closer and closer the price won't go down more that much.
Maybe the next few weeks during this month due to christmas we might see a small drop.
With the beginning of 2016 however I expect the price to go up.
So if you don't want to gamble just because of 50 bucks or so I would start accumulate now if you have some money left.
And if wanna make some nice profit wait for halving.
If you should be in for long haul, just hodl!

richardsNY

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Quote from: Iceborn on December 04, 2015, 06:30:59 AM

Having bitcoins is an investment already

That's the best answer you could any one give. Only, people don't see it that way. They are desperately looking for sites and services where they can invest their Bitcoins in.

Iceborn

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Having bitcoins is an investment already

It's not safe since nobody really knows what's going to happen when and how.

RobinHoodster

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I am kinda new with bitcoin, but is good to have one bitcoin for long term.

For now I can't afford it so I am just buying little amounts to get 1 bitcoin.

Amph

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Quote from: jeanne0012 on December 04, 2015, 05:10:23 AM

Quote from: Altynbekova on December 04, 2015, 03:51:19 AM

Quote from: zodiac3011 on December 03, 2015, 11:09:08 AM

Quote from: spirit of btc on December 03, 2015, 09:35:03 AM

I would suggest you to buy something like 5 bitcoins when the Bitcoin price is 280 USD, and sell 4 of the coins when the price is around 350 USD,
5 X 280 = 1400
4 X 350 = 1400
so you will get 1 btc free of cost.

the big question now is when will the price of bitcoin go down to 280? you can't just say things that unlikely to happen right now

Yeah going down to 280 dollars again is if you are lucky to buy bitcoin with that amount that it goes low.

Me personaly I think that bitcoin will just be around 300 dollars.

So better buy now some bitcoins. Just little amounts that you will make later 1 bitcoin and who know maybe 1 BTC will be around 650 dollars.

IMO $300 is the bottom level. When it approaches that level again, then you could buy 1 BTC or 2 BTC based on how much you can afford to lose, although it have a lot of potential we believe it deeply.

i believe the real bottom is a bit higher tahn that near 330 and up to 350, range, he can buy more than 1 btc at this point we are not going to fall too much

it's only a matter of time until we surpass 400 like we did with 300, then again someone else will ask the same question about buying

meanwhile we are increasing at each step and he is losing opportunity

jeanne0012

newbie

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Quote from: Altynbekova on December 04, 2015, 03:51:19 AM

Quote from: zodiac3011 on December 03, 2015, 11:09:08 AM

Quote from: spirit of btc on December 03, 2015, 09:35:03 AM

I would suggest you to buy something like 5 bitcoins when the Bitcoin price is 280 USD, and sell 4 of the coins when the price is around 350 USD,
5 X 280 = 1400
4 X 350 = 1400
so you will get 1 btc free of cost.

the big question now is when will the price of bitcoin go down to 280? you can't just say things that unlikely to happen right now

Yeah going down to 280 dollars again is if you are lucky to buy bitcoin with that amount that it goes low.

Me personaly I think that bitcoin will just be around 300 dollars.

So better buy now some bitcoins. Just little amounts that you will make later 1 bitcoin and who know maybe 1 BTC will be around 650 dollars.

IMO $300 is the bottom level. When it approaches that level again, then you could buy 1 BTC or 2 BTC based on how much you can afford to lose, although it have a lot of potential we believe it deeply.

bitlancr

hero member

Activity: 616

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Quote from: zodiac3011 on December 03, 2015, 11:09:08 AM

Quote from: spirit of btc on December 03, 2015, 09:35:03 AM

I would suggest you to buy something like 5 bitcoins when the Bitcoin price is 280 USD, and sell 4 of the coins when the price is around 350 USD,
5 X 280 = 1400
4 X 350 = 1400
so you will get 1 btc free of cost.

the big question now is when will the price of bitcoin go down to 280? you can't just say things that unlikely to happen right now

Nobody can answer that, only thing we can do is speculate about when that will happen.

I really doubt it will go below $300 again though. We've been at around $300 for 2 weeks or so now.

I believe it will either stay around $300 or it will go up.

Altynbekova

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Activity: 476

Merit: 250

Quote from: zodiac3011 on December 03, 2015, 11:09:08 AM

Quote from: spirit of btc on December 03, 2015, 09:35:03 AM

I would suggest you to buy something like 5 bitcoins when the Bitcoin price is 280 USD, and sell 4 of the coins when the price is around 350 USD,
5 X 280 = 1400
4 X 350 = 1400
so you will get 1 btc free of cost.

the big question now is when will the price of bitcoin go down to 280? you can't just say things that unlikely to happen right now

Yeah going down to 280 dollars again is if you are lucky to buy bitcoin with that amount that it goes low.

Me personaly I think that bitcoin will just be around 300 dollars.

So better buy now some bitcoins. Just little amounts that you will make later 1 bitcoin and who know maybe 1 BTC will be around 650 dollars.

Kalder

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Merit: 100

If you have spare money worthy of 1 bitcoin today, it is OK to buy the bitcoin if you do not mind losing all of it. Bitcoin has better prospects than most investment out there.

zodiac3011

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Quote from: spirit of btc on December 03, 2015, 09:35:03 AM

I would suggest you to buy something like 5 bitcoins when the Bitcoin price is 280 USD, and sell 4 of the coins when the price is around 350 USD,
5 X 280 = 1400
4 X 350 = 1400
so you will get 1 btc free of cost.

the big question now is when will the price of bitcoin go down to 280? you can't just say things that unlikely to happen right now

darkangel11

legendary

Activity: 2478

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Don't let others control your BTC -> self custody

Quote from: Tstar on December 03, 2015, 10:43:32 AM

Buy and forget, save your private keys in cold storage, turn off the lights, close your laptop, go for a run, play with your dog then come back in two/three years and then let's talk about it again!

Good advice but imagine telling that to someone in november 2013. He'd come back 2 years later and see Bitcoin is still trading for $300 Grin

Tstar

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Decentralized Asset Management Platform

Buy and forget, save your private keys in cold storage, turn off the lights, close your laptop, go for a run, play with your dog then come back in two/three years and then let's talk about it again!

Newcoins2020

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Quote from: spirit of btc on December 03, 2015, 09:35:03 AM

I would suggest you to buy something like 5 bitcoins when the Bitcoin price is 280 USD, and sell 4 of the coins when the price is around 350 USD,
5 X 280 = 1400
4 X 350 = 1400
so you will get 1 btc free of cost.

Nice that is kinda a good idea to do. Now just wait untill that Bitcoin goes to 280 dollars.
Going that down you never know when will happend. Maybe it won't go that down this year and 2016.

spirit of btc

full member

Activity: 153

Merit: 100

I would suggest you to buy something like 5 bitcoins when the Bitcoin price is 280 USD, and sell 4 of the coins when the price is around 350 USD,
5 X 280 = 1400
4 X 350 = 1400
so you will get 1 btc free of cost.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: bearex on December 03, 2015, 04:53:13 AM

Sure, but as you might know, the value might rise, but it might also fall to zero. However, at ~360$ per coin, the "gamble" is worth.

I can almost guarantee you that Bitcoin won't go to zero and with each passing day chances that Bitcoin will actually go to zero are less and less.

I don't know do you realize how much money is actually invested into Bitcoin ecosystem, how many people work in it, how many people are making careers out of it and how robust Bitcoin code is.

No, zero $ value is out of question!

STT

legendary

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Quote from: pilscoop on October 09, 2015, 12:12:56 PM

How safe is it?

Both questions rely on your personal circumstances. Never over invest in anything is probably the answer to both. If you are a millionaire then yes own at least some bitcoin as you must diversify your currency and this is a high return possibility. If you are struggling to pay off your bills then its harder to argue and you must decide if bitcoin is useful to you.

Its not impossible that bitcoin is a product which reduces your costs, foreign exchange transactions can be very expensive, insecure and slow where at bitcoin beats them on all points. It doesnt have to be a intellectual point, if you arent rich make it useful rather then sitting on it

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