should i save btc for future? - page 49.

davinchi

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Quote from: Nimbulan on December 04, 2015, 04:35:34 PM

i believe that you should save your bitcoin as in my opinion it surely has a lot of potential that its price will rise significantly in the future and that a lot of people will be highly interested in bitcoins and they will buy huge amounts of bitcoins

Yes, in future most of e-commerce will be dependent on bitcoin transactions. Bitcoin must be a very good investment vehicle compared to gold or real estates in short term of one year or long term of 3 to 5 years also. We must save bitcoin for our future.

Nimbulan

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i believe that you should save your bitcoin as in my opinion it surely has a lot of potential that its price will rise significantly in the future and that a lot of people will be highly interested in bitcoins and they will buy huge amounts of bitcoins

avw1982

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Quote from: pissedoff on December 04, 2015, 07:30:23 AM

Saving/Holding bitcoins for the long-term is the best strategy but there is still a risk that a competitor to bitcoin might arise.

Do not worry about competition Lets do our job best. Sure It will be worth of it and Bitcoin can't stop by anyone. and I don't think so Any transperent and crypto currency wil cross over the BTC. Sure Bitcoins only rock in future. Let hope with the good will.

agustina2

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Quote from: pissedoff on December 04, 2015, 07:47:55 AM

Quote from: agustina2 on December 04, 2015, 07:33:21 AM

Quote from: pissedoff on December 04, 2015, 07:30:23 AM

Saving/Holding bitcoins for the long-term is the best strategy but there is still a risk that a competitor to bitcoin might arise.

The best stratey is increase the number of saved bitcoin so while holding the value you have acquired is increasing too.

If you mean investing your bitcoins in order to increase it I would say its a very risky thing to do.

"Why going for a risk when there is a safe?"

Anyways Im talking about increasing the number of saved bitcoin by doing bitcoin earning method. Just saving is not really recommended as the numbers are not increasing. So much better to increase them so if the value will go up, you will get high returns.

pissedoff

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Quote from: agustina2 on December 04, 2015, 07:33:21 AM

Quote from: pissedoff on December 04, 2015, 07:30:23 AM

Saving/Holding bitcoins for the long-term is the best strategy but there is still a risk that a competitor to bitcoin might arise.

The best stratey is increase the number of saved bitcoin so while holding the value you have acquired is increasing too.

If you mean investing your bitcoins in order to increase it I would say its a very risky thing to do.

agustina2

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Quote from: pissedoff on December 04, 2015, 07:30:23 AM

Saving/Holding bitcoins for the long-term is the best strategy but there is still a risk that a competitor to bitcoin might arise.

The best stratey is increase the number of saved bitcoin so while holding the value you have acquired is increasing too.

pissedoff

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Saving/Holding bitcoins for the long-term is the best strategy but there is still a risk that a competitor to bitcoin might arise.

1Referee

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Quote from: MaxTax on December 03, 2015, 07:35:23 AM

Quote from: 1Referee on December 03, 2015, 05:39:57 AM

Quote from: Newcoins2020 on December 03, 2015, 04:58:16 AM

Quote from: zeraTunerse on December 03, 2015, 01:53:53 AM

Saving BTC is another form of gambling with bitcoins , in year 2013 some people bought BTC at 990$ and thought that would rise rise and rise but it fall from then and have not reached near to that till now , if they would had sold then at 1000$ they they ould had made some profit but they thought that BTC gonna be high in future.
I am not saying that holding bitcoin is a bad idea but i am saying use your wit and buy/sell them from time to time.

Really bought some bitcoins with that price ($900). Yeah buying some bitcoins and hold it. Is better to just buy when bitcoin is cheap. So that you can't lose so much money.

Hahaha and yeah bitcoins is like gambling, but with this you highly win more money with it than the real gambling Tongue

Bitcoin isn't like gambling. The way people invest in Bitcoin can be considered gambling. It has all to do with the people being fault here, and not Bitcoin. All investments have a certain risk, but if you invest wisely in Bitcoin, then the risk is very minimal, and you'll make a decent profit.

People are stupid if they buy at a peak and think it will go even higher. They are chasing quick not realistic profits. Don't blame Bitcoin for that. Blame the people.

Bitcoin can be seen as a gamble. It's a chance you take investing into bitcoin just like you're betting on something and taking a chance of winning or losing. Same with bitcoin, you win or you lose.

Investing in Bitcoin can indeed be seen as gambling if people start yolo buying and hoping for insane returns. That's gambling.

If you do your research and see that Bitcoin is something that has the potential to change the financial industry, then you will see how low the risk is if you buy at the current price, and hold your coins for the very longterm. The only thing you need to have is patience. This is a smart investment, and not gambling.

LMGTFY

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Quote from: pissedoff on December 04, 2015, 05:18:35 AM

Actually, The people who bought bitcoins 2 years ago are very lucky. The price was much lower than today's price.

Two years ago was just after the ATH. To get prices comparable to today, we'd need to go back to early November 2013, and back to October for lower prices (early October for prices lower than they have been throughout 2015).

I think the lucky people are those who bought between January and October this year, when price was ranging between 200 and 300. I picked up a few bargains around 220, and I know other people did too.

Hashminers

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Quote from: pissedoff on December 04, 2015, 05:18:35 AM

Quote from: CryptoBjorn on December 04, 2015, 05:16:06 AM

Quote from: Hatuferu on December 04, 2015, 03:55:40 AM

It is better to save some bitcoins as the price could rise. But it is a difficult decision as the price now is still lower than that 2 years ago.

Well people who bought bitcoins 2 years ago than they were fucked, because the price is still low.
Yes buying now saving some is a good decision.
Maybe in 2016 will rise.

Actually, The people who bought bitcoins 2 years ago are very lucky. The price was much lower than today's price.

Yes if you bought early in January 2013 was low, but not in december 2013.

People to thought that the price was gona go higher and it was around 900 dollar that they bought bitcoin.

So true taht people who knew about bitcoin and started is so lucky I wish I knew that early.

pissedoff

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Quote from: CryptoBjorn on December 04, 2015, 05:16:06 AM

Quote from: Hatuferu on December 04, 2015, 03:55:40 AM

It is better to save some bitcoins as the price could rise. But it is a difficult decision as the price now is still lower than that 2 years ago.

Well people who bought bitcoins 2 years ago than they were fucked, because the price is still low.
Yes buying now saving some is a good decision.
Maybe in 2016 will rise.

Actually, The people who bought bitcoins 2 years ago are very lucky. The price was much lower than today's price.

CryptoBjorn

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Quote from: Hatuferu on December 04, 2015, 03:55:40 AM

It is better to save some bitcoins as the price could rise. But it is a difficult decision as the price now is still lower than that 2 years ago.

Well people who bought bitcoins 2 years ago than they were fucked, because the price is still low.
Yes buying now saving some is a good decision.
Maybe in 2016 will rise.

Altynbekova

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If I was you I should wait that bitcoin well be around 250 dollars and buy it.

Over a few month later Bitcoin will be around 350 and 400 dollars again and just sell it.

So yes save some bitcoin in the future is a good thing to do.

Hatuferu

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It is better to save some bitcoins as the price could rise. But it is a difficult decision as the price now is still lower than that 2 years ago.

randy8777

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Quote from: xinzark on December 03, 2015, 11:55:51 AM

Quote from: randy8777 on December 03, 2015, 11:41:16 AM

lot's of people here are lacking common sense. people find longterm holding boring. that's why they are looking for quick bucks. they don't know that the longterm will give them more profit. they have $-$ in their eyes. that's it.

I guess you also know these days new companies gets a lot of bump to their shares in the beginning and dump later
So short term holders make good profit while long term holders lose up to nothing. I am not saying this rule applies to all but this is very common now
Bitcoin is same. Got bumped a lot to $1200 in 2013 i guess and then dumped to around $400 in matter of days

the price was dumped from over $1100 to around $400 because no one was willing to support the price beside people hoping for a rebound. the rise to over $1000 was not a legit rise since. mtgox was heavily manipulating the price. that was the main reason.

mtnsaa

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As others have said it's very unpredictable. You should always keep a stash of a decent amount of BTC in my opinion, that is if you are interested in it. There's a chance it duplicates in value or more in the next years. Bitcoin price has been rising since the start year by year if you see the graphs. But there's always the same chance basically that it drops to almost nothing if something bad happens, for example if it becomes obsolete because of a new technology, it's declared illegal or a major scandal/heist/security concern happen.

ChetnotAtkins

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I think the times of major price increases are over, but I do believe that the price will certainly rise, just not to any extreme.
To me it is now almost a safer alternative to storing wealth than my bank account, which practically loses money because of the low interest rates.

My dream would be to be among the top 100 at http://www.bitcoinrichlist.com, but I guess that remains a dream for now Cheesy

have to keep buying!

makingwin1

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i think you should in my opinion the price will increase in the future

harizen

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Quote from: Nahl on December 03, 2015, 02:03:21 PM

Quote from: ivanst776 on November 25, 2015, 01:43:58 AM

Saving bitcoins for the future it's the best idea, if you can afford it then do it (at least try to save) and i hope that in the near future the price will be increased much more than it is now.

i do agree with you saving bitcoins for the future it's good idea but if you save bitcoin for long term does not mean the price will increase in the future because i think bitcoin price is very unpredictable and if you buy bitcoin with the current price but it will not guarantee the price will rise up in the near future

I will just add that while saving, increase their number to really feel that you are saving and take the advantage of every price rally to come. You can always make profit today by bitcoin trading. All profit must be used to buy new coins then just repeat the process of trading. Gaining profit + Increasing the no. of coins = Great value in the future.

Nahl

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Quote from: ivanst776 on November 25, 2015, 01:43:58 AM

Saving bitcoins for the future it's the best idea, if you can afford it then do it (at least try to save) and i hope that in the near future the price will be increased much more than it is now.

i do agree with you saving bitcoins for the future it's good idea but if you save bitcoin for long term does not mean the price will increase in the future because i think bitcoin price is very unpredictable and if you buy bitcoin with the current price but it will not guarantee the price will rise up in the near future

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