Topic: Is it a good long term investment to buy 1 BTC today? - page 76. (Read 253349 times)
If you are a newbie like me and was not able to buy when the price was ranging between $200 and $300, it's still not too late to buy one bitcoin for long term hold. Although I don't have funds to buy one whole bitcoin, I'm going to try buying when the price goes down, little by little.
Long term investing is good but the fact is that its indeed not much, I think you will make profit with this but not a lot compared with many others on a long term.
I think long term investing in bitcoin is a good substitute to your other investment since it has the potential and it keeps on growing and growing
day after day and with the coming halving it is catching more and more people to use it and invest more.
i am not saying it's completely risk free to buy 1 btc now for long term purpose but yes risk is very less..
I will say it will be a good decision at the current moment to buy as much bitcoins as you can and hold them atleast till halving to see for yourself if the price will rise or fall
It is not 100% risk free but there will not happen anything if you do not attract any attention. If you are going to brag about having much coins then there is a chance you will become a target. I will say it will be a good decision at the current moment to buy as much bitcoins as you can and hold them atleast till halving to see for yourself if the price will rise or fall
Long term investing is good but the fact is that its indeed not much, I think you will make profit with this but not a lot compared with many others on a long term.
Overall long term investing is good but the fact is that one bitcoin is low for long term investing these days, if you have more btc it would be better.
Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
It of course depends on what you can afford to buy, but holding just 1BTC is not really that special as your profits will be low even if the price goes up to $550 around the time the block halving takes place or at the end of the year. If you're expecting prices of $800-$1000 then you should stop dreaming and wake up now.
Investment in Bitcoin will be not that bad because you have to make an investment if the value is low and that is important because the chance is higher that you can earn profit later.
And the most important after that you have made an investment is that you have to sell it on the right moment.
And the most important after that you have made an investment is that you have to sell it on the right moment.
Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
Aren't we all expecting that. That is why we are holding as much as we can until halving. The question is, will it hold after the halving. If everyone will be dumping on halving, then the price will go down. So if in long term, there is still a probability it will not be that much profitable. But if you can exit when the price is really high on halving, then it is much profit.
That's a good plan though, at least even at a small amount of BTC you were able to save and plan to increase it for the future. Bitcoin is a good long term investment actually because we are heading to a digital world and no one can stop that. If we have a successful big merchant adopters in the near future, the price of bitcoins will eventually be positively be affected. With that your investment will grow and you will be benefited with a good profit.
Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
Aren't we all expecting that. That is why we are holding as much as we can until halving. The question is, will it hold after the halving. If everyone will be dumping on halving, then the price will go down. So if in long term, there is still a probability it will not be that much profitable. But if you can exit when the price is really high on halving, then it is much profit.
Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
Aren't we all expecting that. That is why we are holding as much as we can until halving. The question is, will it hold after the halving. If everyone will be dumping on halving, then the price will go down. So if in long term, there is still a probability it will not be that much profitable. But if you can exit when the price is really high on halving, then it is much profit.
How safe is it?
IMO that depends on when you are going to exchange your coins to fiat currency. You see people who bought for $400 in 2014 and sold for $230 in 2015 might think Bitcoin is a bad investment, but if they just wait one year they would have a different impression.
Thank God I dont belong to that category, I bought at $220 and sold some of them last week and rest holding for the halving to sell at even more higher price.
that's good but still at current price you can afford to buy 1 btc as price will be much higher at the time of halving so its better to collect some at this stage.
How safe is it?
IMO that depends on when you are going to exchange your coins to fiat currency. You see people who bought for $400 in 2014 and sold for $230 in 2015 might think Bitcoin is a bad investment, but if they just wait one year they would have a different impression.
Thank God I dont belong to that category, I bought at $220 and sold some of them last week and rest holding for the halving to sell at even more higher price.
How safe is it?
IMO that depends on when you are going to exchange your coins to fiat currency. You see people who bought for $400 in 2014 and sold for $230 in 2015 might think Bitcoin is a bad investment, but if they just wait one year they would have a different impression.
Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
Well that's for sure, doubling your btc I guess and increasing the price of it , the things that will going to happen once the bitcoin halving happens
and many of bitcoin users were gonna be happy that time but I don't think for the miners.
Mining is not more profitable in my sense but I would prefer to go for trading to earn some extra bitcoins before the stage of halving.
I see as the beginning for me, mining is only profitable for the earlier stage of bitcoin. But as of now, not profitable. But the price I think is
impossible to go down.
Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
Well that's for sure, doubling your btc I guess and increasing the price of it , the things that will going to happen once the bitcoin halving happens
and many of bitcoin users were gonna be happy that time but I don't think for the miners.
Mining is not more profitable in my sense but I would prefer to go for trading to earn some extra bitcoins before the stage of halving.
mining bitcoin for the normal person is indeed not profitable. but it's completely different for mining farms. they can even make profit if the price goes down to lower $300's at this point.
]
if you keep it on your cold storage its safe. its the value that you would have to worry because you may never know if bitcoins value in the later months or years will still be sort of an okay.
if for instance it just grow for about $50. then its not worth the wait. and worse is that it plummet down to a hundred. it sure won't sound an investment by then.
How safe is it?
if you keep it on your cold storage its safe. its the value that you would have to worry because you may never know if bitcoins value in the later months or years will still be sort of an okay.
if for instance it just grow for about $50. then its not worth the wait. and worse is that it plummet down to a hundred. it sure won't sound an investment by then.
Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
Well that's for sure, doubling your btc I guess and increasing the price of it , the things that will going to happen once the bitcoin halving happens
and many of bitcoin users were gonna be happy that time but I don't think for the miners.
It's an advantage for the miners if the price will increase. Also a great rewards since their rewards will drop.
Look like you don't know the real meaning of some basic information about bitcoin halving
Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
Well that's for sure, doubling your btc I guess and increasing the price of it , the things that will going to happen once the bitcoin halving happens
and many of bitcoin users were gonna be happy that time but I don't think for the miners.
Mining is not more profitable in my sense but I would prefer to go for trading to earn some extra bitcoins before the stage of halving.
Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
Well that's for sure, doubling your btc I guess and increasing the price of it , the things that will going to happen once the bitcoin halving happens
and many of bitcoin users were gonna be happy that time but I don't think for the miners.
Holding 1 btc for next couple of months can be really good, as we are expecting higher price at the time of halving as price will be much higher at the end of the year.
Jump to: