Topic: Should I invest in BTC and what else? (Read 934 times)
Silver and Gold is very safe storage of value
Should invest in my business idea ;P haha
Andy B
Andy B
Nothing in cryptocurrency is a safe long term investment right now because there are heavy traders controlling pricing with bots and high volume.
If you're interested in higher risk/higher reward investments, you might try day trading for penny stocks also.
I'll second some posters here recommending silver as well, its well below the long-term trend line right now.
If you're interested in higher risk/higher reward investments, you might try day trading for penny stocks also.
I'll second some posters here recommending silver as well, its well below the long-term trend line right now.
Most altcoins offer little over Bitcoin, just a few tweaks to the parameters or algorithms, if there is going to be a replacement for bitcoins it hasn't been invented yet.
We dont need multiple currencies we need 1 that does it all.
I'm only holding bitcoin, the rest will fade into obscurity.
We dont need multiple currencies we need 1 that does it all.
I'm only holding bitcoin, the rest will fade into obscurity.
Get in on yac and gld 
There's a fairly clear tradeoff with most cryptocurrencies. The newer/lower priced a cryptocurrency is the larger upside potential it usually has, yet it also has the greatest risk as many of these go under. If you'd like a more conservative investment go with mostly Bitcoin, some Litecoin, and perhaps some Namecoin.
If you invest in a smaller cryptocurrency it is usually beneficial to get involved with their community as well. The only way any new cryptocurrency will work is if it has a good community backing it. Without that they usually fail.
If you invest in a smaller cryptocurrency it is usually beneficial to get involved with their community as well. The only way any new cryptocurrency will work is if it has a good community backing it. Without that they usually fail.
Litecoin will have a great future, with any hopes.
I'd stick with those. Maybe a new alt coin could have promise when this cloud of "get rich quick" altcoins passes.
I'd stick with those. Maybe a new alt coin could have promise when this cloud of "get rich quick" altcoins passes.
Elwar,
I would never recommend investing your life savings in something as volatile as Bitcoins. You may fall asleep and wake up penniless unfortunately. Maybe in the future when we don't have bubble after bubble
I would never recommend investing your life savings in something as volatile as Bitcoins. You may fall asleep and wake up penniless unfortunately. Maybe in the future when we don't have bubble after bubble
I agree, I am not investing in bitcoins. I am using my new currency.
I do not invest in dollars either.
+1 me 2 LTC and BTC for the win!
Yes.. seems to me that BTC will be the gold where LTC will be the silver. We can hope and dream! 
T.
T.
BTC and LTC only, other coins are joke.
+1 I would recommend ltc and btc.
Terracoin keeps goinf up and down as haywire difficulty..i think BTC is the way for now ...
thanks for your thoughts everyone. Don't worry i'm only investing what I can afford to loose, but also I'm hoping that Bitcoin is here to stay and will take over, as our banking system is clearly fooked and we are being taken to the cleaners by the buggers in charge. I have to be honest though, in the short term if I can make some money I will, but I will always keep hold of some BTC whatever happens.
paper money, metal money, bitcoins, guns/ammo/food
banks fail, use paper
paper fails, use metal
metal is worthless, use bitcoins
no one will take the first three, guard the food with the guns.
banks fail, use paper
paper fails, use metal
metal is worthless, use bitcoins
no one will take the first three, guard the food with the guns.
Invest in stocks, funds and/or bonds. Is the future: btct.co
I hope someone enjoys my post 3 more and I can PM someone....
I hope someone enjoys my post 3 more and I can PM someone....
ltc is best investigaion, You get a lot of benefit in near future
Grab some LTC. There's a lot of people holding them pre-empting Gox taking them on.
Also, WDC and YAC seem very popular right now.
Also, WDC and YAC seem very popular right now.
I'd recommend getting at least a little silver, maybe a months salary worth just to keep. Right now silver is dirt cheap and a good buy, it is also more rare than gold! So the long term prospects of silver skyrocketing are very good. Also if shit hits the fan, you have something tangible at least to see you through.
Elwar,
I would never recommend investing your life savings in something as volatile as Bitcoins. You may fall asleep and wake up penniless unfortunately. Maybe in the future when we don't have bubble after bubble
Yes, but what's the alternative. Investing it in Dollars? Considering what the government, banks, and FED are doing, investing in Dollars seems a sure way to lose my wealth in the long run. I would never recommend investing your life savings in something as volatile as Bitcoins. You may fall asleep and wake up penniless unfortunately. Maybe in the future when we don't have bubble after bubble
If you're going long term it may make sense to invest in BTC companies as well. Like at btct.co 
bitbar!
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