Is it a good long term investment to buy 1 BTC today? - page 46.

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Quote from: tabas on July 28, 2016, 02:52:03 AM

Quote from: Kotone on July 28, 2016, 02:31:56 AM

today is the time to stock your Bitcoin because someday, when all the blocks have been mined and no one has ever stock their bitcoin and anyone who want to earn bitcoin can't gain a profit, that's the only time you to sell all your bitcoin. You need to sell it higher than expected. For example you bought your bitcoin worth 300$. You have to sell it as 700$ per BTC. then that will be a good profit. I guess in near future, after 2-5 years ? Bitcoin price will grow into 1000$ per BTC.

You are right with it, this it the right time to hold bitcoins as we are on the good time and timing about to have a good investment. Because the value of bitcoin of bitcoin today is pretty good. And to those people who have already bitcoins in the beginning for sure they are now big time enough to have a good life because of bitcoins.

If you are only collecting bitcoin or earning without investment it is good to spend bitcoin every time or any time you want but if you are investor of course you are still keeping bitcoin until to reach what your set amount to sell and for me 1 bitcoin is not that big amount to invest for a long time.

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Quote from: Kotone on July 28, 2016, 02:31:56 AM

today is the time to stock your Bitcoin because someday, when all the blocks have been mined and no one has ever stock their bitcoin and anyone who want to earn bitcoin can't gain a profit, that's the only time you to sell all your bitcoin. You need to sell it higher than expected. For example you bought your bitcoin worth 300$. You have to sell it as 700$ per BTC. then that will be a good profit. I guess in near future, after 2-5 years ? Bitcoin price will grow into 1000$ per BTC.

You are right with it, this it the right time to hold bitcoins as we are on the good time and timing about to have a good investment. Because the value of bitcoin of bitcoin today is pretty good. And to those people who have already bitcoins in the beginning for sure they are now big time enough to have a good life because of bitcoins.

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today is the time to stock your Bitcoin because someday, when all the blocks have been mined and no one has ever stock their bitcoin and anyone who want to earn bitcoin can't gain a profit, that's the only time you to sell all your bitcoin. You need to sell it higher than expected. For example you bought your bitcoin worth 300$. You have to sell it as 700$ per BTC. then that will be a good profit. I guess in near future, after 2-5 years ? Bitcoin price will grow into 1000$ per BTC.

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Quote from: nova-rider on July 27, 2016, 11:31:47 PM

I think so, the future is bright for the BTC, a cryptocurrency that solves several economic problems and makes live easier for people.
But it is clear that the growth of bitcoin needs time, because it depends on the amount of people who start to use it.

If you are going to think about it, that 1 bitcoin is really not enough to have a good long term investment. And if you are going to target the long term investment well it is better if you are going to put a lot of it, because if you are going to stick on that amount. You are also going to earn small from it.

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I think so, the future is bright for the BTC, a cryptocurrency that solves several economic problems and makes live easier for people.
But it is clear that the growth of bitcoin needs time, because it depends on the amount of people who start to use it.

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Quote from: oHnK on July 21, 2016, 11:21:26 AM

Quote from: EdenHazard on July 21, 2016, 10:00:55 AM

Quote from: Dobmaster on July 20, 2016, 12:02:16 PM

Quote from: Ziskinberg on July 20, 2016, 08:41:46 AM

I have to respect your prediction as I also have mine, I believe that the price will reach at least $1,000 this year and I strongly believe that, in fact I have also invested additional bitcoins even after the halving takes place. I am willing to risk my money of what I believe because I have already benefited so much staying in the bitcoin world.

I have bought bitcoin in the last few years and hold them for the long term. I also changed some into Ethereum. It might also rise.

How is it going now? Is it on profit with current price?

If you just holding without actively spend it or trade it , it will hard to make profit . Soon or later you will feel it is enough! I need to withdraw the coin right now as there is a better place to invest.

If you are holding it, the value will be much higher someday . It has been proven and less than 6 months ago where were we? below $400 and now we area at $600 so even if someone doesnt do a daily trade and only hold his bitcoin , he will still get a $200 / btc profit nowadays provided he purchased some 6 months ago

you think the price of bitcoin will keep growing / increasing always?

no i don't think so , there is a down trend which make you in loss if you holding bitcoin only without do something like to trade it , many peple suffering in loss because of this bitcoin phenomenon price movements.

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Quote from: pearnapple on July 27, 2016, 09:07:33 AM

Quote from: rio3233 on July 27, 2016, 08:33:36 AM

Well, the price of bitcoin is stable right now and for long term investment it's like a gambling, because the bitcoin's price can easily decrease and increase nowdays.

yeah bitcoin trading is something like just gambling because the price of the bitcoins is impossible to predict though in my opinion it might allow you to make money

In trading when you are expert and you have learned all the skills of trading then there will be no chance to lose on trading while in gambling there are chances of lose no matter how much you are expert in there and no matter how much longer you have spent at there, so trade is not like gambling.

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Coins aren't relatively cheap right now so I would say it is not a good investment.
Maybe start building up to 1 BTC instead then hold for a while would be a better strategy to get the results that you are possibly looking for would be your best bet in the long term.

GamingBro

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If price is not so expencive for you, you can buy it now, but at my opinion better to wait a bit more, because price is very high and stable nowdays.

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Quote from: Nimbulan on July 27, 2016, 11:01:41 AM

Quote from: fikihafana on July 27, 2016, 10:39:43 AM

OP, yes, it is a good long term investment. Btw I really mean the long term. I'm absolutely sure that Bitcoin will be over $1k in 5 years from now. But that's only my opinion of course. Make your own decision. Invest money "afford to lose"

i think we will not have to wait that much for a price growth in my opinion a new all time high is possible to happen later this year so its a really good investment

yeah seeing the way the price is swinging around $650 it is giving some sign that it will go high soon in few weeks or month so its good to buy before some big bump happens which will be really good investment !

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Quote from: fikihafana on July 27, 2016, 10:39:43 AM

OP, yes, it is a good long term investment. Btw I really mean the long term. I'm absolutely sure that Bitcoin will be over $1k in 5 years from now. But that's only my opinion of course. Make your own decision. Invest money "afford to lose"

i think we will not have to wait that much for a price growth in my opinion a new all time high is possible to happen later this year so its a really good investment

fikihafana

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OP, yes, it is a good long term investment. Btw I really mean the long term. I'm absolutely sure that Bitcoin will be over $1k in 5 years from now. But that's only my opinion of course. Make your own decision. Invest money "afford to lose"

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The post is from October 2015 so if he did get the best answer here and follow it this guy must be rich now. Cheesy

I hope I questioned bitcoin like this also way back that time. My money would have been tripled.

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Quote from: rio3233 on July 27, 2016, 08:33:36 AM

Well, the price of bitcoin is stable right now and for long term investment it's like a gambling, because the bitcoin's price can easily decrease and increase nowdays.

yeah bitcoin trading is something like just gambling because the price of the bitcoins is impossible to predict though in my opinion it might allow you to make money

rio3233

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Well, the price of bitcoin is stable right now and for long term investment it's like a gambling, because the bitcoin's price can easily decrease and increase nowdays.

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Quote from: randy8777 on July 27, 2016, 05:55:17 AM

Quote from: bitdumper on July 26, 2016, 09:01:15 AM

it is not safe but i think the most loss you can get in a year is 50% if the price goes down through the whole year but as i said it can cut it into half but will not go under 200$ because many big company are transecting bitcoins every minute and many miners (specially china) are mining it continuously.

a very important thing to note is that no matter how much the price is going down, you don't lose anything if you don't sell your coins. and beside that, the only thing that can get the price to go down with 50% is when a large exchange gets hacked. and even then you can use that dump in your advantage to start buying yourself some more coins. dumps of that magnitude are a more than perfect opportunity.

That is right. As long as you hold you bitcoin for the long term, the price will always rise as the supply is limited.

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Quote from: bitdumper on July 26, 2016, 09:01:15 AM

it is not safe but i think the most loss you can get in a year is 50% if the price goes down through the whole year but as i said it can cut it into half but will not go under 200$ because many big company are transecting bitcoins every minute and many miners (specially china) are mining it continuously.

a very important thing to note is that no matter how much the price is going down, you don't lose anything if you don't sell your coins. and beside that, the only thing that can get the price to go down with 50% is when a large exchange gets hacked. and even then you can use that dump in your advantage to start buying yourself some more coins. dumps of that magnitude are a more than perfect opportunity.

abugseuf

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yes to me long term investment is too much profitable as compare to short time investment. in short time investment there is always change of loosing your investment, because if the price start down fall a panic is created and the investor want to get red of it and book a short lost. but in long term the investor do not care for the temporary down fall.

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Quote from: umaOuma on July 26, 2016, 08:43:43 AM

Quote from: joinal on July 26, 2016, 08:12:21 AM

Quote from: ObscureBean on July 25, 2016, 08:03:21 AM

Quote from: Dobmaster on July 25, 2016, 07:14:17 AM

The bitcoin price of $640 to $700 is still very cheap compared to the price in a few years, it is better to buy now.

Lol you must have a magic crystal ball somewhere in your house, you speak with such certainty Tongue

I keep my fingers crossed that the God of Bitcoin sees your comment and make it come true. Seriously though, it's not really possible to know how things will play out, you just have to go with your gut feeling.

i think the trade also requires a feeling for what you do is the prediction ? certainly prediction requires the calculation of the real market price, to forecast one year ahead I think it's still very difficult to be guessed, so no one will know that prices will actually rise in the next year, if you want to invest in bitcoin you have to take risks,,

Exactly investing in bitcoin involves risks and no one knows what value it will hold in future, but we need to take those extra risks at a moment to become rich in future.

At least that risk can be calculated and since bitcoin is now stable you will not lose all your investment if something bad will happen but you will get a lot of profit if bitcoin will succeed in dominating the market in the future.

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One world One currency, Bitcoin.

it is not safe but i think the most loss you can get in a year is 50% if the price goes down through the whole year but as i said it can cut it into half but will not go under 200$ because many big company are transecting bitcoins every minute and many miners (specially china) are mining it continuously.

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