Is it a good long term investment to buy 1 BTC today? - page 148.

the_poet

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Quote from: jaysabi on November 27, 2015, 12:24:25 PM

Quote from: aakashsangwan on November 26, 2015, 11:31:58 PM

Long term investment in bitcoin is very much safe, you can understand it by this;
There was a man who brought bitcoins when they worth pennies of about $15 and when the price jumped to $1150 you can imagine that how much he have gained for a mere investment of $15.

You can also imagine the guy who bought bitcoins at $1000 each two years ago, and now they're worth $300 each. Long term didn't turn out so good for him, and he probably feels like an idiot now.

Would you call 1.5-2 years long term?! lol

1Referee

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Quote from: jaysabi on November 27, 2015, 12:24:25 PM

Quote from: aakashsangwan on November 26, 2015, 11:31:58 PM

Long term investment in bitcoin is very much safe, you can understand it by this;
There was a man who brought bitcoins when they worth pennies of about $15 and when the price jumped to $1150 you can imagine that how much he have gained for a mere investment of $15.

You can also imagine the guy who bought bitcoins at $1000 each two years ago, and now they're worth $300 each. Long term didn't turn out so good for him, and he probably feels like an idiot now.

You know why that dude is feeling like he is an idiot? Because he IS an idiot. The price went up from around $200 to over $1000 within a month. That must raise a huge red flag. Every one who bought over $1000 were gamblers hoping it would go probably to $1500-$2000.

Commons sense people. What goes up HARD, comes down HARD. If you bought your coins for example at $125 in september 2013 and kept your coins in your wallet till now, then you made yourself a nice profit. That's how longterm works.

ajun96

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2 weeks ago i buy bitcoin in price $320 now i can get profit Cheesy

long term and short term is okay for bitcoin Cheesy

umaOuma

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Quote from: jaysabi on November 27, 2015, 12:24:25 PM

Quote from: aakashsangwan on November 26, 2015, 11:31:58 PM

Long term investment in bitcoin is very much safe, you can understand it by this;
There was a man who brought bitcoins when they worth pennies of about $15 and when the price jumped to $1150 you can imagine that how much he have gained for a mere investment of $15.

You can also imagine the guy who bought bitcoins at $1000 each two years ago, and now they're worth $300 each. Long term didn't turn out so good for him, and he probably feels like an idiot now.

Exactly, should avoid thinking of long term if bitcoin is giving us profit in short term then we should take advantage of the situation and make money out of it, as we know that bitcoins price will keep on fluctuating even in future so we can buy again when price falls down and that is the best strategy to follow.

jaysabi

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Quote from: aakashsangwan on November 26, 2015, 11:31:58 PM

Long term investment in bitcoin is very much safe, you can understand it by this;
There was a man who brought bitcoins when they worth pennies of about $15 and when the price jumped to $1150 you can imagine that how much he have gained for a mere investment of $15.

You can also imagine the guy who bought bitcoins at $1000 each two years ago, and now they're worth $300 each. Long term didn't turn out so good for him, and he probably feels like an idiot now.

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Quote from: pereira4 on November 27, 2015, 12:07:08 PM

I still don't understand how any user that has achieved Sr Member or maybe Hero Member, doesn't yet own 1BTC. It takes more than 1 year to be Hero Member, are you saying that you didn't had time to make 1BTC? I think that everyone that has been here for so long MUST have at least 1 BTC. There will not be 1 BTC for everyone so hurry up before its too late.

Probably some of them sold, gambled or bought things with bitcoin.

Quote from: midmir on November 25, 2015, 11:18:59 AM

"Is it a good long term investment to buy 1 BTC today?"

absofuckinglutely

Given the volatility of the bitcoin price, it may be a very good idea to invest in bitcoin.

pereira4

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I still don't understand how any user that has achieved Sr Member or maybe Hero Member, doesn't yet own 1BTC. It takes more than 1 year to be Hero Member, are you saying that you didn't had time to make 1BTC? I think that everyone that has been here for so long MUST have at least 1 BTC. There will not be 1 BTC for everyone so hurry up before its too late.

JITENDERPAR3

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i also think that it is a good time to buy btc because at this time the price of btc is low since the price can also fall down more but i think after some some the price of btc will increase .
if you will buy 1btc to save in your wallet for 1 to 2 year then surely you will get profit like a best investment .
finally i will suggest you if you buy 1btc then you should take care the price btc raises or falling .

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Quote from: ridery99 on November 27, 2015, 09:40:43 AM

BTC is a P&D so wait until it's back in sub 200

Goodluck with your sleeping profit then.

Really annoys with this kind of thinking but anyways we have our own stand here and I respect yours. Just a little bit concern here.

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Quote from: ridery99 on November 27, 2015, 09:40:43 AM

BTC is a P&D so wait until it's back in sub 200

why do you think so? bitcoin will get stable by time in my opinion (exclude the period when the halving happens)

ridery99

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BTC is a P&D so wait until it's back in sub 200

harizen

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We all know that price really unexpectable but I can't see any factors that can crash bitcoin in just a matter of short time. So if one will buy btc today, it's really a good move. Risky? Yes but can assure you a good output later. For example you buy @ 350 and then the price down to 320. No worries, good move here is to go long. Don't just go short without any basis.

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Quote from: Verified4you on November 27, 2015, 02:33:21 AM

Good long term investing are gold or real estate because you have low chances to loose your initial capital amount. Bitcoin is good for speculations.
Gold may cost $500, $1000 or $10000.
Bitcoin may cost $500 or $10000 too but it can be $10 also.

the probability that bitcoin will drop to $10 is very low right now. The halving is coming! the hype for buying bitcoin will increase gradually. long term investment will always be good. If you want gold or real estate than why you are here? (although you maybe right)

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Quote from: aakashsangwan on November 26, 2015, 11:31:58 PM

Long term investment in bitcoin is very much safe, you can understand it by this;
There was a man who brought bitcoins when they worth pennies of about $15 and when the price jumped to $1150 you can imagine that how much he have gained for a mere investment of $15.

well that is just being lucky, not much to do with bitcoin, sincerely, it's like i buy tomoroww a lottery ticket and i win million, it's the same thing

does this mean that lottery tickets are safe investments? no absolutely

what make bitcoin a safe investment and a great tool for you to hope in a better life, is the fact that it can be used as a great payment system aside from its speculation nature

Verified4you

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Good long term investing are gold or real estate because you have low chances to loose your initial capital amount. Bitcoin is good for speculations.
Gold may cost $500, $1000 or $10000.
Bitcoin may cost $500 or $10000 too but it can be $10 also.

aakashsangwan

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Long term investment in bitcoin is very much safe, you can understand it by this;
There was a man who brought bitcoins when they worth pennies of about $15 and when the price jumped to $1150 you can imagine that how much he have gained for a mere investment of $15.

a7mos

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Buying bitcoin as an investment is very risky of course because the price moves up and down violatily and for a long term invest the result is unknown because no one knows where the price is going tomorrow

jaysabi

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Quote from: btckold24 on November 26, 2015, 01:13:37 AM

anything around 300 I think is a good buy - halving has to drive prices higher imo

Unless the halving has already driven it higher. The price is up about $100 over what had become a fairly stable equilibrium price around $225, which it had held for an extended period of time this year.

stromma44

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Quote from: btckold24 on November 26, 2015, 01:13:37 AM

anything around 300 I think is a good buy - halving has to drive prices higher imo

Yes buying more and more bitcoins at a moment is the right thing to do, and we hope that the price will go much higher in the coming months So I would prefer to buy atleast 2 to 3 BTC at a moment and sell it when the price goes higher, and again wait for the price to fall down so could buy few more bitcoins out of it.

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anything around 300 I think is a good buy - halving has to drive prices higher imo

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