Is it a good long term investment to buy 1 BTC today? - page 8.

chaosknight

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Quote from: The_Dark_Knight on October 06, 2016, 11:26:17 AM

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Quote from: WEBcreator on September 30, 2016, 01:30:24 AM

Quote from: The_Dark_Knight on September 29, 2016, 03:17:05 PM

Quote from: Schuyler on September 28, 2016, 10:33:55 PM

If we are to base our decision on the past performance of bitcoin, then I think that it is a good thing to buy a bitcoin for long term holding. On the average, bitcoin increases by at least 20% annually. That figure is no joke and it is as if you could double your money in just 5 years.

20% a year is no joke, how many investments can give you that rate of return with as little effort, very few I guess and that does not take into account that you can invest those bitcoins too and compound your winnings.

It is definitely not a joke however it is still much better to have an income that comes from an investment that could provide you with some steady increment. Bitcoin is not really something that provide that let alone when the price actually goes down lower

I just want to clarify that all types of investment are not going to give you steady increment income. Because just like the price of bitcoin has fluctuation, investments does it have too whether you are going to have your own real business or bitcoin investment. But I guess if bitcoin is going to keep increasing that is going to give us stable investment.

There is not such a thing as a steady investment or business, there are ups and downs, high and lows, as long as you can take the ride its fine, besides even if you get a job and you consider it a stable position, that is simply not true, you could get fired, the business can close its doors, etc.

Yeah and if anyone is expecting stable income from bitcoin then it will never happen as its difficult to believe that price of bitcoin will ever get stable in future.

The_Dark_Knight

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Quote from: WEBcreator on September 30, 2016, 01:30:24 AM

Quote from: The_Dark_Knight on September 29, 2016, 03:17:05 PM

Quote from: Schuyler on September 28, 2016, 10:33:55 PM

If we are to base our decision on the past performance of bitcoin, then I think that it is a good thing to buy a bitcoin for long term holding. On the average, bitcoin increases by at least 20% annually. That figure is no joke and it is as if you could double your money in just 5 years.

20% a year is no joke, how many investments can give you that rate of return with as little effort, very few I guess and that does not take into account that you can invest those bitcoins too and compound your winnings.

It is definitely not a joke however it is still much better to have an income that comes from an investment that could provide you with some steady increment. Bitcoin is not really something that provide that let alone when the price actually goes down lower

I just want to clarify that all types of investment are not going to give you steady increment income. Because just like the price of bitcoin has fluctuation, investments does it have too whether you are going to have your own real business or bitcoin investment. But I guess if bitcoin is going to keep increasing that is going to give us stable investment.

There is not such a thing as a steady investment or business, there are ups and downs, high and lows, as long as you can take the ride its fine, besides even if you get a job and you consider it a stable position, that is simply not true, you could get fired, the business can close its doors, etc.

Corenin

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Quote from: dustboy on October 04, 2016, 04:28:10 AM

Buy 1btc today just for holding, no it is not good decision IMO. We do not know when btc's price will increase, we may wait for so long time (years) for 2x profit if we only holding it. Invest it on trading with altcoin will be much profitable and we may get profit faster. Ofc, there is a risk of losing it all but that's what called by investement.

Risks should be taken in order to make good and quick profits only holding will not serve the purpose as you need to wait so long even to make small profits from it.

dustboy

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Buy 1btc today just for holding, no it is not good decision IMO. We do not know when btc's price will increase, we may wait for so long time (years) for 2x profit if we only holding it. Invest it on trading with altcoin will be much profitable and we may get profit faster. Ofc, there is a risk of losing it all but that's what called by investement.

co5hike

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Quote from: cluit on October 04, 2016, 03:24:08 AM

Quote from: SquallLeonhart on October 01, 2016, 09:54:52 AM

I have more then 1 btc in my wallet and I have never bought them but have only earned them in various ways, as I have day job so I will prefer to hold them for a long term to get higher benefits.

Those people who have another source of income along with earning of bitcoin then they can hold all of their earnings while those who only earn bitcoin will not be able to keep all of them for longer period. By the way if a person want to hold for longer then they should have to hold as it is more beneficial.

Holding longer can be risky if price drops in future but I think price will rise in future so if you are holding the for a long term the it will surely allow you to make good profits in future.

cluit

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Quote from: SquallLeonhart on October 01, 2016, 09:54:52 AM

I have more then 1 btc in my wallet and I have never bought them but have only earned them in various ways, as I have day job so I will prefer to hold them for a long term to get higher benefits.

Those people who have another source of income along with earning of bitcoin then they can hold all of their earnings while those who only earn bitcoin will not be able to keep all of them for longer period. By the way if a person want to hold for longer then they should have to hold as it is more beneficial.

Fastserv

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Quote from: btcking101 on October 04, 2016, 12:36:49 AM

Not 100% sure but if you have some extra money for investemenmt then yes buying 1btc is not a bad investement at all because its pretty much sure that the price of bitcoin will gradually increase in future and it depends how much you can hold it.But dont expect a huge profit from holding 1bitcoin.

That is right. If the bitcoin price rise is similar to that in the past, it will double every year. That is good.

btcking101

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Not 100% sure but if you have some extra money for investemenmt then yes buying 1btc is not a bad investement at all because its pretty much sure that the price of bitcoin will gradually increase in future and it depends how much you can hold it.But dont expect a huge profit from holding 1bitcoin.

mirakal

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Quote from: Noctis Connor on October 03, 2016, 11:33:20 PM

Quote from: Kvazimoda on October 02, 2016, 12:39:53 PM

Some forecasts say it will increase bitcoints. So now there is still little sense to buy a BTC

Don't believe in forceast because some of this are hoax just to let people just they need to buy some bitcoin the really matter of bitcoin price is really the demand of the bitcoin and if you really want to inscrease the price of bitcoin and be one of investors and you will help the economi of bitcoin and you will increase the price.

Only believe when you have verified it yourself, the future is good for bitcoin as what the majority are seeing and even me. I will trust on it though a big risky but as long as you risk the amount of money that you can afford to lose you will not worry too much.

Noctis Connor

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Quote from: Kvazimoda on October 02, 2016, 12:39:53 PM

Some forecasts say it will increase bitcoints. So now there is still little sense to buy a BTC

Don't believe in forceast because some of this are hoax just to let people just they need to buy some bitcoin the really matter of bitcoin price is really the demand of the bitcoin and if you really want to inscrease the price of bitcoin and be one of investors and you will help the economi of bitcoin and you will increase the price.

Caladonian

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Quote from: junder on October 03, 2016, 10:25:02 PM

it's a good time to buy some bitcoin and hold it until 4-5 years
Bitcoin is the best invesment for the long time.

it is still profitable and you can even maximized it by doing some trading so while waiting for the price to rise up you can buy some alt coin that have good plan and sell it when the price rises up so your btc will grow continuously.

junder

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it's a good time to buy some bitcoin and hold it until 4-5 years
Bitcoin is the best invesment for the long time.

Golftech

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Quote from: TheUltraElite on October 03, 2016, 03:17:46 PM

As a long term investment it is worth it and hence I do suggest it. Make sure to buy it when the price is low and then sell it after 10 years when the price goes to the moon. Grin

But seriously its good since you can make a profit here. However it will take several years to reap a large profit.

Without doing some big efforts by just holding it if we are going to hold it for a long time with that 1 bitcoin then that is going to give us profit. But that is going to depend on how you long you are going to hold it, maybe if your target is to hold that for 10 years then possibly that you are going to earn higher amount after waiting.

wow 10 years is quite so long but if the price multiply 10x as well you will be a lucky man, me 1 btc can be a good investment if you will maximized your investment not just by holding but to use it in a profitable ways alt trading or lending would give you a chance to make it grow while waiting for the price to jumped up.

blackmachinegun

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Quote from: Noctis Connor on October 02, 2016, 07:51:11 AM

Quote from: Mastsetad on October 01, 2016, 03:58:07 AM

Quote from: chaosknight on September 30, 2016, 05:12:56 AM

I think 1 btc would not be sufficient for the future to make huge profits as we don't know what price bitcoin will hold in future so its better to have more number of coins to make good money.

And someone can use that 1 bitcoin to generate more coins by investing it in altcoin trading or something like that which can grow his 1 bitcoin even more with the time, he should keep saving the profits and let the 1 bitcoin rolling as the capital and in that way he would have way more in future if the price grows to a reasonable price.

i can't believe that he can just make profit 1 bitcoin by just investing in ico or any altcoin , first his a newbie in term of investing and trading he should learn more about the mechanics about how the investment works sometimes we don't really understand what we are doing then lose money.

I think it is very likely that a person could benefit more than 1 BTC only to invest or trade in ico or altcoin.
I ever saw my friend doing trade altcoin and he benefit more than 1 BTC every week I think it will be enough to prove

TheUltraElite

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So anyway, I applied as a merit source :)

As a long term investment it is worth it and hence I do suggest it. Make sure to buy it when the price is low and then sell it after 10 years when the price goes to the moon. Grin

But seriously its good since you can make a profit here. However it will take several years to reap a large profit.

Universat

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long term investment is really good and i am in favour of long term investment but still i will like to say investing only one bitcoin for long time is not such a good decision, because you cannot wait for such a long time for only one biticon, therefore if you are interested in long term investment you should invest a good amount of bitcoin and not a single one.

Monnt

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Quote from: SquallLeonhart on October 01, 2016, 09:54:52 AM

I have more then 1 btc in my wallet and I have never bought them but have only earned them in various ways, as I have day job so I will prefer to hold them for a long term to get higher benefits.

That is nice that you have got 1 bitcoin for your work and are holding it for longer time but we do not have to suggest to only earn as the earning will take sometimes and no one know that when will the price boost up so the better option is that we have to buy them instantly.

rockstar338

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t doesn't matter how much you buy bitcoin as long as you buy it at a good price.
for example in the last couple of days those who were waiting for a golden opportunity bought bitcoin at $500-$520 and will enjoy the profit today and in the days to come when bitcoin rises up to $800+

torrentheaven

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Quote from: praprata on October 03, 2016, 11:12:05 AM

Long term investing is mostly good but right now its not the best thing you can do due to the fact that investing in long terms can be expensive now.
I would wait a bit longer to be honest.

So you mean to say that you will wait for the price drop to buy them? Well in that case anything can happen, bitcoin can even go lower or higher in coming days no one knows what will exactly happen.

praprata

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Long term investing is mostly good but right now its not the best thing you can do due to the fact that investing in long terms can be expensive now.
I would wait a bit longer to be honest.

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