Is it a good long term investment to buy 1 BTC today? - page 58.

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: Intristing on July 06, 2016, 03:37:29 AM

Quote from: DavidoAlto on July 06, 2016, 02:51:24 AM

If you want to make allot of money then is that not the best strategy off course but i can tlel you when you hold that coin for so long the price can do allot of strange
things i hope the price will rise offcourse but we will never know that for sure.

I think it is a good idea to buy one bitcoin today and hold for the next 20 years. The price could be $50000 each.

don't think the price will come close to the $50,000 price level, ever. but you can just keep holding it for that long just to see where bitcoin goes. maybe it will indeed become worth a lot, and maybe it will become worth next to nothing. only time will tell.

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: Intristing on July 06, 2016, 03:37:29 AM

Quote from: DavidoAlto on July 06, 2016, 02:51:24 AM

If you want to make allot of money then is that not the best strategy off course but i can tlel you when you hold that coin for so long the price can do allot of strange
things i hope the price will rise offcourse but we will never know that for sure.

I think it is a good idea to buy one bitcoin today and hold for the next 20 years. The price could be $50000 each.

So are you going to hold only 1 btc for next 20 years? What if bitcoin suddenly disappears? Its better to collect regularly and sell regularly when price goes higher rather then holding for next 20 years.

Intristing

full member

Activity: 227

Merit: 100

Quote from: DavidoAlto on July 06, 2016, 02:51:24 AM

If you want to make allot of money then is that not the best strategy off course but i can tlel you when you hold that coin for so long the price can do allot of strange
things i hope the price will rise offcourse but we will never know that for sure.

I think it is a good idea to buy one bitcoin today and hold for the next 20 years. The price could be $50000 each.

JessicaSe

legendary

Activity: 840

Merit: 1000

Quote from: DavidoAlto on July 06, 2016, 02:51:24 AM

If you want to make allot of money then is that not the best strategy off course but i can tlel you when you hold that coin for so long the price can do allot of strange
things i hope the price will rise offcourse but we will never know that for sure.

If you want to earn higher profits then I think 1 btc will not be sufficient to achieve that goal, you need too collect as much coins as possible to earn good profits from it.

DavidoAlto

sr. member

Activity: 364

Merit: 250

If you want to make allot of money then is that not the best strategy off course but i can tlel you when you hold that coin for so long the price can do allot of strange
things i hope the price will rise offcourse but we will never know that for sure.

torrentheaven

hero member

Activity: 952

Merit: 1000

Quote from: Altcoinmoney on July 06, 2016, 02:12:14 AM

I can tell you that it can be very smart to buy just one bitcoin right now the only thing is that we cant know for now where the coin will be
in the next view years so it will be always a risk to innvest.

I don't think that there is any risky in investing if you can hold it for long term, as price will be definitely higher after 5 years, so you can sell at that time and earn higher profits.

Altcoinmoney

sr. member

Activity: 344

Merit: 250

I can tell you that it can be very smart to buy just one bitcoin right now the only thing is that we cant know for now where the coin will be
in the next view years so it will be always a risk to innvest.

Zooplus

legendary

Activity: 1106

Merit: 1000

Quote from: tabas on July 05, 2016, 07:24:39 PM

Quote from: dezoel on July 05, 2016, 09:10:19 AM

Quote from: Sniper44 on July 05, 2016, 09:01:33 AM

Quote from: tabas on July 04, 2016, 10:11:31 PM

Quote from: angaper on July 04, 2016, 09:39:19 PM

Quote from: Hatuferu on July 04, 2016, 08:40:38 PM

Quote from: tygeade on July 04, 2016, 05:43:00 PM

Quote from: BillyBobZorton on July 04, 2016, 04:37:04 PM

Bitcoin is a long term game unless you were a insanely lucky super early 2010 adopter. If you were not, then you will have to wait to get rich, just like the buyers of apple, google and so on stocks, had to wait like 10 years to get really rich.

Exactly cannot expect to get rich overnight with bitcoin, its an time consuming process but the results would be surely positive so collecting as much coins at a moment is the right thing to do.

No one get rich overtime in investment, you can only do that when you are rich already and you make your self more richer. The very own technique to be rich here is have patience, patience to hold your bitcoins a longer time.

All of you seem really convinced that bitcoin will raise to the moon in next years, but I can't see any guarantee of that anywhere. It is good to save some bitcoins as a portfolio investment, but you also should think about the possibility of diversifying your investments instead of depending exclusively on one asset.

You can't see the effect of it? For sure it is already happening and we are experiencing it already. But it is better to invest for a long term.
By just holding your bitcoin in your wallet so when ever the price increased then you are going to get profit.

you can't predict the moon this easily and it can even take a lot longer time that you have imagined but the existence of it is no questions. the rise will happen eventually even if it takes a couple of years and an slow rise but it will rise up to 2000-3000 one day.

I think the price of $2k is possible in this year may be around October or November, price will start rising as we get near to end of the year as when price will fall after halving we will see many new users entering into market.

And if that happens that the price of bitcoin is going to be $2k at all by the end of the year. It is better if you are going to add more bitcoins to your long term investment.
If you are only going to put 1 btc at a long term investment that is really not enough.

$2,000 is just a very conservative estimate because we will rich the optimum price in the future and to tell you, the real winners are only those people who choose to hold longer than those who dump when they see the price is favorable in their part.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino