long term invest in bitcoin - page 6.

peter0425

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Obviously, the best strategy is to wait for a nice dip before buying it. However, bitcoin price already reaching new ATH now because of the looming Segwit2x again so that totally eliminates your options.

So If I were you, I will just have to wait, because you can't do anything about the market price today. Wait till the Segwit2x completes and see if the price goes down a bit before entering the market. We can't say for certain though how much dip its gonna be, just be prepared and continue to monitor the price and jump on the first opportunity to get it. Goodluck.

Oceat

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Quote from: crptotrader007 on November 01, 2017, 12:15:35 PM

I am myself planning on to invest into BTC for a long term. Try to collect as much BTC as you can because the later you buy the more price you have to pay for it. Although the fork is near, it shouldn't matter since you will probably want to buy it as soon as you can.
Buy the BTC and store it in a secure wallet whose private key you own. Keep a backup of the private key and store it in a safe place.
You can either not bother about the fork or wait for the fork to finish and receive the free coins and increase your capital amount.

I was investing some of my money into bitcoin because i have seen this potential that this price will going to go at $7000 soon. I am currently waiting for that fork to come and waiting what will going to happen the price and see if i can sell it at their ATH again. But the risk their is really really high that you should be looking the price every hour or even in every minute that's almost pressuring my brain whether it is going to go up or not. Lucky to invest it in a long term so the pressure is much lesser than in short-term traders.

cryptolit

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Quote from: hahahafr on October 30, 2017, 11:09:11 PM
if you have some questions about the fork, then why dont you ask them on the official thread of the segwitx2 fork? Anyway, we are expecting to see it rising on the next days, so if you buy right now, it can rise a little bit more before the fork is done (by november 11th).
And you all know that the price ussually goes down once that a fork is realized, so why dont you buy right now and then try to speculate with the price?

(I know, this could be moved to the fork thread but) Will it really go down after the fork? I'm about to buy and was expecting Bitcoin to keep rising!

Itjoker

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I always invest maximum 50% of my portfolio to alts. Another 50% I am holding in Bitcoin.

crptotrader007

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I am myself planning on to invest into BTC for a long term. Try to collect as much BTC as you can because the later you buy the more price you have to pay for it. Although the fork is near, it shouldn't matter since you will probably want to buy it as soon as you can.
Buy the BTC and store it in a secure wallet whose private key you own. Keep a backup of the private key and store it in a safe place.
You can either not bother about the fork or wait for the fork to finish and receive the free coins and increase your capital amount.

Mascrypto

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on long time there is always a good moment in invest btc

Golftech

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Quote from: vdiablo3 on November 01, 2017, 06:54:04 AM

Yea, i think it would be a big correction after segwit. many people bought btc at 3000$, they have already double their money, and want to sell them))) it would be a good time for short bitcoin)

do you also consider those newcomers that investing as well from time after time, i think its just a simple cycle so even there's a correction that will happen the forces of rise up will continue, adoption and more popularity for this investment attract people who's new into this system and i'm positive that even those early holders sold their btc supports will be there and it will just rises even more.

KingdomHearts

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

I have invested in bitcoin for long term and for my future needs and desires. My dream is that I want to build my own house and have a luxury car and a well steeled business for my children. That’s why I have invested in bitcoin and I have earned a lot of money till date because the price has already crossed 6000 dollars limit, and the near future I am sure that it will hot 10000 dollars limit. I will wait for that time.

Juliedarwin

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Long term investment is to have learn more on patient to be wait. If it is a small amount of bitcoin now, but later you'll see the changes, and it will become higher and it will give you more money to invest. So it's a part of a quality patients of type.

shawn995

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Quote from: error08 on November 01, 2017, 07:44:06 AM

Bitcoin more likely to increase along the way to hard fork due to people aims to get more btc1.
If you want to invest for long term, no need to worry about current price, even though bitcoin still on rally right now, reach new ATH.
But, if you want to wait until bitcoin price drop back after correction, you may wait until the end of this month or after hard fork, bitcoin may drop to $5400 again.

long term investment in bitcoin is very beneficial as compare to short term because the rate of bitcoin is increasing with time and when you invest small amount of bitcoin now then in future it will give you a big money. so long term investment is beneficial but it need a quality of patience.

error08

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Bitcoin more likely to increase along the way to hard fork due to people aims to get more btc1.
If you want to invest for long term, no need to worry about current price, even though bitcoin still on rally right now, reach new ATH.
But, if you want to wait until bitcoin price drop back after correction, you may wait until the end of this month or after hard fork, bitcoin may drop to $5400 again. Honestly, no one could predict bitcoin price in the future, even in the next week. So, it's your call to invest right now or waiting for another correction.

Ilegendph

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Quote from: Wagako on November 01, 2017, 01:36:31 AM

Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Before you invest with bitcoin you must have a background knowledge about it so that you will know how to handle your coins during pump and dump. First thing you must know when to buy and when to sell because with this you can earn big profit. So invest now and be a millionaire tomorrow.

As I see how bitcoin works as an investment, I think it is good time to buy bitcoin after a badnews like forks and bans on it because the price becomes too low since many people are panic selling then enjoy it after the price comes back or wait until your preset value have been reach.

clrpod

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

It is difficult to give an exact price to buy at because no one can say with certainty what will happen with the price, right not bitcoin is very bullish so I would expect a downturn in price soon. If you plan to hold for a few years then you shouldn't have to worry too much about maybe paying a couple hundred dollars more.

katinko

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Right now value of bitcoin approaching 7000 dollar and i do not think this is the right time to buy bitcoin but if your money is amount that you can afford to loose go invest it since bitcoin value is continuous increasing and mich better to have bitcoin in the future than nothing.

vdiablo3

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Your Data Belongs To You

Yea, i think it would be a big correction after segwit. many people bought btc at 3000$, they have already double their money, and want to sell them))) it would be a good time for short bitcoin)

yrtrnc

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It is indeed very interesting what will happen next (besides other due to latest fork development) - for me its for sure that the price of btc will drop again (for a period).

The decision is when and if buying before will be a worthwile action.

Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Ahiaba

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Well, at the current market value of bitcoin one need to apply wait and see approach in case there will be a serious correction of the value of bitcoin any moment from now. Although there are speculation that bitcoin value will reach $7000 before end of the year if not $10000.

aoluain

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

this is a tricky one tbh, Bitcoin is on a little run at the moment and up over $6500
so buying at such a high is not preferable but if it goes much higher and corrects itself
after the fork at a value still higher than that current price you will have missed out.

i have said before if you are holding for long term, buy now
if you are really holding out to get the best buy in value wait
and hope there is a big correction after the fork.

Yuhee

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Quote from: osasshem on November 01, 2017, 05:36:22 AM

Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

You need to prepare before the upcoming fork will take place, to buy when there is a dip in the price, and keep calm, as you said its for a long term investment. But note: you need to buy with the lowest price you can, which is the first rule of trading.

the fork was already finished and for me, it was not so much of a fuss. It turned to be only a dump and it did not even take so long to be in the market. Time to time the price is increasing but it is not always. After the peak price wait for a couple of hours then you buy btc if the price goes down. But if it is not going down, then just buy. Assuming that you really want long term then it is ok to buy now than later.

osasshem

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

You need to prepare before the upcoming fork will take place, to buy when there is a dip in the price, and keep calm, as you said its for a long term investment. But note: you need to buy with the lowest price you can, which is the first rule of trading.

Topic: long term invest in bitcoin - page 6. (Read 2817 times)