Is it a good long term investment to buy 1 BTC today? - page 166.

jt byte

hero member

Activity: 994

Merit: 500

Quote from: StevenLiang on October 11, 2015, 09:47:53 AM

I think it is safe, if you have a lot saving.

Buy 1 BTC and think that as diamond, don't sell it too fast.

That's for long term investment right?

Even if the price doubles(which for sure maybe will not happen)
There is no such a good profit just for 1BTC if you think for long-term.
At least 100BTC will make a good change(profit) in the next few years.

coinplus

legendary

Activity: 1386

Merit: 1058

Buying bitcoin is good thing in my view. If you are ready to buy bitcoin means do not delay, act fast. Even price go down you can make another purchase there to get a better average price. Buying bitcoin will help yourself as well as the bitcoin community. A long term investment will make bitcoin into moon.

Nahl

legendary

Activity: 1652

Merit: 1000

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

How safe is it?

if your questions about safe or not i would say yes it pretty safe i think even for a long term but there is no guarantee if you will get the profit from it
because we all know bitcoin price is very unpredictable

StevenLiang

full member

Activity: 168

Merit: 100

I think it is safe, if you have a lot saving.

Buy 1 BTC and think that as diamond, don't sell it too fast.

That's for long term investment right?

erikalui

legendary

Activity: 2632

Merit: 1094

It would be risky to buy 1 BTC today but it's a good long term investment. Currently the price of 1 BTC = $246 which is pretty low and going by the price chart for the past 1 year, the BTC price has reached $310 which is an amount you can set to withdraw the profit of $64. However, I cannot advise you to hold your bitcoins for more than a year as I myself don't hold coins for so long.

qiwoman2

legendary

Activity: 2114

Merit: 1023

Oikos.cash | Decentralized Finance on Tron

I think if you have money to spare why not? Every investment carries its risks and if you are averse to risk taking then don't bother. I would only buy if I had the guts to take risks and I am a person who takes calculated risks. I like to earn bitcoin as well so that takes up my time but I get bitcoin for my time as well, so even better..

jt byte

hero member

Activity: 994

Merit: 500

If you have no other option to invest anywhere then investing in bitcoins should be a good alternative.

Start with 1BTC and time by time you will understand its value and i think that you will invest more and more.

sempak

hero member

Activity: 1638

Merit: 505

I think buying BTC is no time. you just have to think about whether to invest try or fully here.

Sourgummies

hero member

Activity: 728

Merit: 500

Never ending parties are what Im into.

There's no guarantee of safety in an investment of 1 BTC today - all investments hold some sort of risk, but you can hope to be able to hold it and have the price increase.

Bitcoin, as previously stated, IS volatile, but hopefully when there's block halving the price will go up.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

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

How safe is it?

There is about 50% chances that Bitcoin will make it and about 50% that it won't in my opinion. These are pretty good chances in my opinion. If it makes big, even 1 BTC will be enough to make a change in your life.

If you live in a Western world country then $240 won't change your life at all if you lose it. In this case, go ahead and buy it. If you live in 3rd world country where $240 is monthly salary or even more, than you think about how bad you need money and can you take such a hit if Bitcoin goes down to 0 one day and you lose your investment.

Cointoli

full member

Activity: 239

Merit: 100

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

It depends on your idea about bitcoin in the long term. If you believe in it, buy it.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: ?? on ??

Quote from: Hugroll on October 09, 2015, 05:34:24 PM

i would say yes. reason being that after the halving happens next year, the supply should decrease quite significantly and your btc would be worth alot more than it is today (~240usd).

That's a common misconception. The supply is currently increasing at a rate of about 10% per year. After the halving next year, the supply will continue to increase at the rate of about 5% per year.

this would be not important anymore in two halving, becase the remaining amount of coins would be not significant anymore and to reverse the same numbers of coins in the market as today, miners would need to dump for decades

i would invest in 1 btc if this is what you want OP, at best you could lose 240, but the gain if everything will be right, is enormous

Zawamiya

hero member

Activity: 526

Merit: 500

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

How safe is it?

IMO investing in bitcoin at current price is a good investment for future if you want to invest for long term not just few days
within a year we can see 100%-350% growth that is good return(this is my personal opinion)

jt byte

hero member

Activity: 994

Merit: 500

Quote from: acroman08 on October 09, 2015, 09:48:09 PM

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

How safe is it?

Safe? It depends. But in 2016 your btc will surely have a
Profit because of the coming halving.

I believe too that the price will change but not much.
Based on the last halving period there wasnt any increase of the price.
So i don't think that you can make a good profit by the next halving.

Sir_lagsalot

sr. member

Activity: 392

Merit: 251

Buy about five bitcoin, buy a hard drive, store your bitcoin on it, and forget about it. Come back 20 years later and youre rich, or you've lost money that was spent so long ago that you don't even care anymore.

Denker

legendary

Activity: 1442

Merit: 1016

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

How safe is it?

No one can give you a clear answer for that as we all can not predict the future.
But IF Bitcoin should make it's breakthrough I believe it will be worth a really nice amount.I'm talking about several thousands to tens of thousands of dollars in mid-long term. So my personal opinion is that today buying 1 BTC for $240s could be definitely worth it if you have patience and believe in the tech.

acroman08

legendary

Activity: 2520

Merit: 1113

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

How safe is it?

Safe? It depends. But in 2016 your btc will surely have a
Profit because of the coming halving.

bitbaby

hero member

Activity: 812

Merit: 1000

Nothing is safe, it only matters what you believe in, read more about Bitcoin, what's happening with it, is there a scope for it in future, do your research and then make your decision if you want to buy it or not, people buy gold everyday, I don't, maybe because I don't feel it's a safe investment, but I do buy Bitcoins and I think it's safe. But just because I feel that doesn't mean you should too, don't make your investment decisions based on what others tell you on the internet and let this thread/survey be only a part of your research.

Anmol_Verma

member

Activity: 112

Merit: 10

Nothing is safe mate you should no your limit and buy accordingly as bitcoin is a bubble and can burst anytime so don't buy more then you can afford to lose.

thejaytiesto

legendary

Activity: 1358

Merit: 1014

Don't wanna sound like a fanboy but honestly, it's the best thing you can do with your money right now in terms of % of "gambling". Sure, you never know what can happen, but make no mistake, the Bitcoin party hasn't even begun, and the price is really low compared to the potential gains and relative to latest ATH.

Topic: Is it a good long term investment to buy 1 BTC today? - page 166. (Read 253367 times)