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Topic: Should i buy my first whole bitcoin - page 9. (Read 12237 times)

hero member
Activity: 798
Merit: 1000
February 07, 2016, 01:11:47 PM
You could, though of course I recommend not investing more money than you feel comfortable losing. I usually recommend that you earn Bitcoin however you can, including checking out the Marketplace here. Selling stuff that you don't want anymore usually works well.
hero member
Activity: 676
Merit: 500
February 07, 2016, 12:07:07 PM
To buy bitcoin as a long-term investment must avoid three things:

1. Being impatient as price would not change in some timeframe
2. Panic sell if someday BTC/USD will fall significantly
3. Selling after little price rising, to gather any revenue

It could be summarized as PATIENCE Smiley
full member
Activity: 182
Merit: 100
February 07, 2016, 10:44:39 AM
yes you should becouse in the future bitcoin value will raise .

That's correct, bitcoin is still a new technology to many countries, and many of them are not aware about the benefits associated with bitcoins, once they start knowing bitcoin, they would start investing their money into it which would take bitcoin to new level in terms of value.
newbie
Activity: 28
Merit: 0
February 07, 2016, 08:29:39 AM
You have taken a great decision to buy it.
I hope it may grow up to $ 1m ...all the best.
full member
Activity: 238
Merit: 100
February 07, 2016, 08:11:55 AM
yes you should becouse in the future bitcoin value will raise .
sr. member
Activity: 287
Merit: 250
February 07, 2016, 08:06:03 AM
I would say yes, if i had enough cash ofcourse, because it seems that in coming few months bitcoin price will grow gradually and then selling them will earn some profit surely.
It will be a wise move to buy a bitcoin now and hold it for a price grow and then sell it for a profit.

Yeah I think this is the right time to buy some more bitcoins and hold it for the future, as the price of bitcoins at a moment is not too high, so if you can afford to buy, then just go for it, and wait till it crosses $600 mark.
full member
Activity: 297
Merit: 100
February 07, 2016, 06:53:37 AM
If you can afford it with extra cash you are okay with losing some of then I guess it is OK, it mainly depend on whether you expect to win fast which will most likely not happen, Also a whole bitcoin is not necessary but the more the better if the price moves favorably.
legendary
Activity: 1078
Merit: 1011
February 07, 2016, 06:00:58 AM
Thanks for all the advice guys.

I have savings and 450 bucks isn't too much to forget about I'm prepared to take the risk.

 I'm thinking it might be a good investment in say 5 - 10 years ?

Fuck it, do it  Wink
If it goes to $1m then you'll be a guru and if it goes to shit you can look back and laugh.

Thankyou all for the advice,
Just purchased it and do not plan to sell for years to come.




It amazes me how many people jump on a thread such as this, clearly don't read the OP or first page at all, and make a post. For all you latecomers trying to up your post counts, the OP bought his 1 BTC back on the first page and clearly he doesn't need your johnny come lately advice anymore.

BTW bjbear123, congrats on your decision. Even though BTC is down a bit from when you bought it, I have confidence as we get near the halving and beyond your investment will pay off.

hero member
Activity: 756
Merit: 500
February 07, 2016, 05:47:23 AM
I would say yes, if i had enough cash ofcourse, because it seems that in coming few months bitcoin price will grow gradually and then selling them will earn some profit surely.
It will be a wise move to buy a bitcoin now and hold it for a price grow and then sell it for a profit.
legendary
Activity: 1946
Merit: 1007
February 07, 2016, 05:43:53 AM
I dont think this month is good time to buy bitcoin,the price really stagnant,maybe you should collect bitcoin with free way,and wait until next month for better price to buy bitcoin. Good luck Smiley

Stagnant price is usually a good moment to buy bitcoin. Just look at what happened when it was stagnant for half a year around 200 usd.

If it is clearly declining, it may be wise not to buy yet if you want to try and catch the bottom. Otherwise, just go for it. It is very unlikely you will get the lowest possible price anyway.
sr. member
Activity: 343
Merit: 250
Bonus Claim Url: http://betonline.wager.bz
February 07, 2016, 05:39:20 AM
I would. It was an amazing feeling when I bought my first bitcoin and have that nice even number in my wallet. Made quite a bit trading too when I lost it gambling  Undecided
full member
Activity: 140
Merit: 100
February 07, 2016, 05:38:26 AM
I dont think this month is good time to buy bitcoin,the price really stagnant,maybe you should collect bitcoin with free way,and wait until next month for better price to buy bit[Suspicious link removed]d luck Smiley

I think the $370 is the bottom of long term bitcoin price. So if you want to buy for the future, it is the buying time.
sr. member
Activity: 294
Merit: 250
January 03, 2016, 04:51:48 AM
I dont think this month is good time to buy bitcoin,the price really stagnant,maybe you should collect bitcoin with free way,and wait until next month for better price to buy bitcoin. Good luck Smiley
full member
Activity: 224
Merit: 100
January 03, 2016, 04:38:00 AM
Hold the bitcoin man, the price will rise sooner or later. Dont waste it for something not necessary.

Maybe if you hold it long enough the price could rise up until $600 or more.

member
Activity: 112
Merit: 10
January 03, 2016, 03:43:19 AM
Definitely. It is a really good investment. I did it and I have already broken even from what I paid. Absolutely love Bitcoin.
hero member
Activity: 672
Merit: 500
January 03, 2016, 03:33:00 AM
Congrats on your first bitcoin, I remember my first time I received a whole full bitcoin. Enjoy it.  Grin

I never had full one bitcoin  Sad . But I never surrender to earn bitcoin. It will be a long way for me to achieve full bitcoin
sr. member
Activity: 406
Merit: 250
January 03, 2016, 02:55:29 AM
Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

i don't think i will buy a whole bitcoin. because i don't have much money to buy bitcoin and the second is i can freely earn bitcoin here by signature campaign.
legendary
Activity: 1176
Merit: 1024
January 03, 2016, 02:32:02 AM
If you have enough money then buying bitcoin must be a good idea. It can be either a full bitcoin or some mBTC also. Buying is alone important.
legendary
Activity: 1372
Merit: 1252
January 02, 2016, 08:55:45 PM
Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

If you look to hold your coins till the next halving at least i think you can buy your whole bitcoin with the current price and hold it till the upcoming highest price as expected the bitcoin's price will increase soon

We can't know how deep the rabbit hole goes... I mean we don't know how high the pump will be. I just have a deep fear on thinking im doing a fantastic trade thinking "oh well, im selling now, its just too overpriced, i'll short later" but then later I realize im selling way too cheap because it was still going up... that's a nightmare.
hero member
Activity: 742
Merit: 500
January 02, 2016, 08:43:43 PM
#99
Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

If you look to hold your coins till the next halving at least i think you can buy your whole bitcoin with the current price and hold it till the upcoming highest price as expected the bitcoin's price will increase soon
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