Topic: Should I believe in Bitcoin ? - page 127. (Read 219642 times)

sure! bitcoin is good investment if you buy bitcoin now and holding bitcoin until 5 year again, you will get profit maybe big profit

The odds of you "getting rich" are very small. If getting rich was easy, poverty wouldn't be a thing. Getting rich should not be your goal, because your intention to get rich quickly will leave you chasing pipe dreams that are likely not to pan out. If you have 10 grand to invest, take a small portion of it and gamble on bitcoin if you can stomach the risk, and it is a very speculative and risky choice. But in any event, you should not be putting all your eggs in one basket.

It's really up to you, if you believe that the bitcoin will grow in value or stay stable then you can invest in it

Personally, for me I do believe that it will be a good future investment even when it keeps increasing and decreasing

its up to you. but i suggest you to believe it,but not with all your heart,you can start to earn free bitcoin to make sure that you believe it.and you can buy it someday,and make some invest or trade if you really believe in bitcoin. lets hope bitcoin will believeing or trusting by everyone and every country in the world. dont wasting time get in touch with future payment and future currency 

If you're in it for the long run, then you should definitely buy. Just don't expect to be rich overnight, this movement isn't by all means a get rich quick scheme.

It is a hard thing to give advice when the money in question are to many. I will tel some words but you must fixed in mind that who must decide must be only you. You can read what write 100 people but you must do what your mind tell to you. Because the money are yours and all the others who write their thoughts can talk and write everything have in mind even only to show that have thoughts or experience. But don't exist never two similar experiences. Every experience is unique and yours will be so.

First thing I will do if I were you will see the overall amount of money I have. If I have 100K I will buy without the minimum problem bitcoin with that amount showed by you. I personally have faith in bitcoin. I believe that one day in the future (probably remote future) its price will go very high. But there are at least one condition that this hope become true. Or at least exist the hope to become true. This is its regulation. If you live in a country which has regulated bitcoin you have not more such problem so must have no worries to buy those. Anyhow I believe that in time every country with regulate it. Must be some which will ban or ignore it but bitcoin is an international currency and you will have the possibility to act out of your country with those if your country has banned or will not regulate it.

Second if you will have only those money and no others I will not use all those to buy bitcoin. Maybe half of those (or even less) but with reserve. Have no meaning to spend all your money in only one kind of investment. Normally needed diversification in investments. This thing must to do even you if all those money are destined to be invested. Those are my thoughts. But have even another. The last one is the first one. Must be you, with your mind and your arguments to decide what to do. Must not be influenced by the thoughts of the others.

i can not really think on anything that can be as revolutionary as bitcoin, if it is centralized i would not be interested in it

if it will be decentralized , probably another bitcoin clone, so you see there can't be anything, unless a new tech is discovered in the science or physics, something like quantum blockchain, that can proceed all the transactions simultaneously etc...

No man!When you have doubts then don't buy.That makes no sense. You couldn't sustain any of the wild swings which is Bitcoin having regularly.
I never try to convince anybody to do or to buy something.That's a decision you have to make all for yourself.
Although maybe just buy 1 BTC or a half BTC and see how it goes.Especially for your psyche. Try yourself out.
Good luck whatever you will do.

No, I wouldn't do, and no one else should do that. Do your own research, pick real facts from the BS, and then with a bunch of proven facts in hand make your own decisions.

Well, ask yourself! You're the "Financial_Genius"!

On a serious note, yes, I believe you should invest. Bitcoin is getting on an up trend, and being more and more widely speed.

sounds convincingly 

Of course it's possible, but then you could sell your bitcoin and buy this new currency. The bitcoin value will not fall 100% in one day. It takes time, because it's value is backed by trust (and the new currency doesn't have it from day 1).

I mean not just another "shit-coin", I mean something new, more convenient.

There are always new coins (or called money ) coming out every day! But they never ever are able to compete with Bitcoin! I believe Bitcoin still has bright future. Yes, I agree with ur concern! You should know that every investment always comes with some extent of risk even you save them in banks, which one day may collapse as well!

You are in a bitcoin forum. People here are probably not the most impartial you can meet, they will tend to have a better opinion of Bitcoin than the other people.

Altcoins have been created, but bitcoin still remains the most popular one (~90% of all virtual coins value is Bitcoin).
Of course there is a risk of loosing your money, but if you don't try you have 0% chances of winning money if bitcoin really skyrockets.

Bet an amount you're comfortable enough to lose.

but what if someone came up with a new kind of money, Bitcoin cease to be popular?

You should. And you'd be an idiot not to. It's the future of money.

The ongoing downward trend from yesterday may create you a lower price to buy more coin. I am afraid that bitcoin may even reach again that 200 mark which used to be most stable price for last year. I suggest you to buy at that price so wait untill it stops on there.

There will only be 21,000,000 bitcoins, ever. If you buy 1,000 bitcoins today and hold them for ten years, then in ten years you will definitely hold 1/21,000 of the entire bitcoin economy. I think that's huge

that right there is a big reason im continuing to follow bitcoin. take the current block size debate for example, its all about putting bitcoin on the best path for its future success, and bitcoin, even in the present, is doing incredibly well for a crazy idea that sparked a few years ago.