Bitcoin Forum

I am curious on the public's opinions of where to invest my funds. I will make the decision myself but would not mind to get input from others. Should I stick with bitcoin or should I explore the alt world? Seems that the alts may have more potential for growth %, but I have seen some outlandish projections for bitcoin future price as well. Thank you all in advance.

Well I think you should stick with bitcoins.

Ps: long-term or short term. ?

Ripple goes open source in like 2 days, might be an opportunity there for a short term buy then sell.  A lot of people think its a scam though, but I think putting a few dollars into it then selling might be wise.

Also, holding BTC seems to be a great investment also, long term. 

I am not a financial advisor though, so take it with a grain of salt

Holding BTC as a major and investing less then 15% of those BTC into LTC might work out well in the near future, that's only if the developer decides to take action and what not. LTC does have potential given it's low affordable pricing, would be ideal for merchants in the near future however this is my personal opinion and it may or may not differ from yours.

Invest in Bitcoin, ignore the crapworld :)

Well, a year ago Litecoin was a much better investment than Bitcoin, but who knows what the future will bring...

Hi btc still has room for growth but difficulty vs price needs to be adjusted to work out future value

Why, any use of Ripple ?
I mean where it is really usefull...

GOLD!!!

and Silver  :)

Invest now, because I don't think Bitcoin will get any lower than this...

I just might consider purchasing some silver.

zetacoins!!!!!!

I think it's too late to invest in Bitcoins, so I'm mining Feathercoins as an investment instead

Technically we are no too late. The price may go up to $1000, which would still make us early investors!

Invest in Bitcoin and put it in CoinLenders.com :)

https://bitcointalk.org/index.php?topic=86854.0 | www.NastyFans.org

lol.  Keep on dreaming :)

IMO WARNING:

Cryptocoin is a horrible investment for money you plan on keeping.  If you have a little bit to play around with, sure you might make a buck.  But as much as devs like to pretend like the system is secure its not.  By classical economics bitcoin is about the most volatile a market can be.  An unbacked fiat currency thats only accepted in niche markets.  It's bound to bubble, explode, bubble, then explode again.  You can try to ride the bubble for fun but I think you'd have to be retarded to play your life savings on it.  The advice any financial adviser would give you, and I think its good advice, is diversify.  Index funds have solid growth and are not directly susceptible to declining USD value.  Gold is alright but its kind of on its "high end" right now.  Silver has been increasing in value so it might be worthwhile.   Money markets are pretty stable but not growing much.  Bonds are pretty much toilet paper.

To summarize

BTC = Play

If you want to invest your life savings, I recommend a different kind of market.

I'd stick with bitcoins, there will be increasing opportunities for ways to make interest on your bitcoins as the market develops further.  +EV

Friendly retard here, chiming in: Nearly all my friends and colleagues listen to their financial advisors. Financial advisors' goals are to "preserve your capital, minimize risk". Unless you are less than 3 years from retirement, this is actually the worst strategy you can do. You need to get that money working for you, growing as fast as possible. Without risk, there's no reward. Just stagnation. And that's what's happening to my colleagues, year after year.

They make a measly 5-10% on their money, on good years, if that. Putting it in a couple of good tech stocks (I personally love great american companies that make kick-ass products or services like $AAPL) makes it double or triple every few years. And you don't care about dips or recessions because 3 years tends to clear those up. Don't day trade, that's a full time job. You need to pick a couple of stocks from companies you believe have wind in their sails and go all in on those. If you do, and you are successful, you will have made far, far more money than by investing in mutual funds or savings bonds or whatever "safe" investments. If you fail, well, you have time to recover, or just hold and let it recover. Just don't pick something like BlackBerry AFTER the iPhone was announced. You know? Keep an eye on things, disruptive things, and make a decision to switch to another stock if you have to.

The more you diversify, the less risk you have, the less results you'll have. Mix a bunch of colors together and you get brown.

Something with potential like bitcoin rarely ever comes around, let alone something solid like this. If you aren't affected by FUD and take a good hard look at how bitcoin really works, you might come to the conclusion that it is here to stay. If you do, then this is an incredible investment. You can lose your entire investment in the worst case scenario, but the sky is the limit for how big it can get if adoption increases. Remember, market cap of Bitcoin is a measly, paltry, pathetically small 1.5 Billion USD. It's like we are at the early stages of the "early adopters" phase of the Technology Adoption Lifecycle. The Chasm hasn't been crossed. Add your own famous book quote here.

Anyway, if you want to take your wealth to the next level, saving money isn't enough. You need to make moves that can potentially bring you to that next level. You have to take some risks. And man, to me, Bitcoin has so many things going for it.

Right now, I'm just a retard that invested 25% of his life's savings into Bitcoin. In a few years, I'll either be "that retard that invested 25% of his life's savings into Bitcoin and lost it, had to work extra hard to make it back", or I'll be "that retard that invested 25% of his life's savings and became a multi-millionaire, had the good life, donated millions to charity too.". I like one of those two outcomes more than the status-quo "the guy that worked hard, managed his money but took no real risks, eventually retired, average everything.".

TL;DR: Invest in Bitcoin. (Aren't you glad I didn't say "YOLO")

1+  ;)

UR "no post" user as i am. But one of best i red ever on this forum since April - and I am reading few hours daily.
I totally agree with you on "average joe".
Lets' say it is 40% chance to 1BTC=$10K in 15 years + 40% chance to 1BTC=$100K in 5 years + 20% chance to 1BTC=$0.00 in 1 year - i think it is "retarded" to not invest 10-50% of life savings into it.

What?!? Ripple will be open source now???

I wonder is there any real hyip website who's actually paying out to the investors. Most of them are scams though.

bee & neo , might be a good one  ,  but who knows , i've invested in 1000shares  8)

Short term - Gamble it all away or in...

Long Term - Buy a few bitcoins (10+ or 100+ if you can) and WAIT  :)

Buy bitcoins.
Wait.
Sell them at a higher price.

Profit

When you wait long enought, Bitcoin will have 0 value though...

How do you figure that?

How much do you guys think 1 bitcoin will be worth this time next year?

invest on just dice !

Since January 2013, every month on average bitcoin's value (in $USD) has gone up 32%. If you look at the charts, one of the following two events is likely to happen: either Bitcoin reaches $285 USD mid-December 2013, or $650 USD mid-May 2014.

This time next year, well, I wouldn't be surprised to see it at $1000. But nor would I be surprised to see it only at $200.

Have a good one,

Odi

In about 3 years mate. Good luck  :)

There will be many ways to earn interest on your held bitcoins in the future.  There are ways now even.  Thus bitcoin presents the best "alpha", or risk/reward ratio.

Holding BTC is a great investment, long term.

1+  ;)

UR "no post" user as i am. But one of best i red ever on this forum since April - and I am reading few hours daily.
I totally agree with you on "average joe".
Lets' say it is 40% chance to 1BTC=$10K in 15 years + 40% chance to 1BTC=$100K in 5 years + 20% chance to 1BTC=$0.00 in 1 year - i think it is "retarded" to not invest 10-50% of life savings into it.

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If bitcoin is worth 10k in 15 years then it won't take your life savings to get rich.  I think that 40% chance is a bit optimistic since btc, and mtgox have already proven they are more then capable of a flashcrash.  In addition, governments around the world already have their greedy little eyeballs fixed on bitcoin, which is a problem because a large factor of bitcoins appeal so far has been its lack of regulation and un-traced p2p transfers.  My guess is if the government does ever start diddling around with btc its gonna result in a mass migration to a different cryptocurrency which will result in a massive decline in the value of btc. 

So if 1btc manages to be worth 10 or 100 k in (x) years you'll only need a few btc to make a massive profit.  If its worth <1 USD in (x) years your screwed if you put your life savings in.  So why put all your eggs in one basket when by your own estimation there is a massive benefit to modest investment and a huge risk involved in full investment.   

Thank you - I fully agree.
50% of livesavings is to much - I agree.
But 10% seems OK for ppl with 100%=$10K to $1mil
Every1 can lost 10% if has high chance to get awesomely rich :)
And ... most important ... is that let's say @ 1BTC=$300-700 they can sell 20-50% of BTC and they already made some money.
So they have 110-150% of life savings ++ 10-1000 BTC ... and they can sell every +100% value 10% of their bitcoins.
So they help make it stable value and earn some profit.
So their risk is only for a time while BTC is less than 200-700 which is few years.
There is 10% risk for "only" 1-5 years of 10% LS  comparing to possibility get millions or bilions (if they put in 10% of $10mil).
Or another words if you have 5% chance to get 10.000x investment in 10 years ++ 20% chance to get 100x investment in 20 years - why to "play that casino" with some money u can lose.
And millions of ppl just in US can survive to lost $10-500K ++ "every1" (20% of population) few bucks.
Other poor people (feel sry for them - 1/3 of planet are "always hungry") will benefit not from rising value of bitcoin - but @ least from fair-ness of bitcoin monetary system.

I dont agree. If BTC will be banned, no need to migrate because any succesfull cryptocurrency will be banned later as well.

What about group buying a 2 TH miner?

You can preorder it yourselves today, the question is how much 2 TH miner will mine BTC/day when you finally receive it... and how long  :D

Right, just like stocks on October 28th 1929.  They always go up in value!!  The sky is the limit, and a decline in price is just not possible!

Just because people can't find a reason for btc to decline in value doesn't mean it wont.  Crashes don't happen because everyone saw it coming and failed to move, they happen because of a fundamental error only a few people were capable of noticing, and if you ask me bitcoin is a minefield.

I never said btc will be flat out banned, but with the total value of btc exceeding a billion dollars congress is just drooling over all the ways they can tax it, but they are far too stupid to write any legislation that would cover all cryptocurrencies.  Think about it, if they wanted (x) bill to apply to all non-government currencies wouldn't it also apply to gift cards, and every other form of credit/currency not directly monetized by the government.  Corporate America will never let that happen, so they'll have to come straight for bitcoin.  The internet has shaken up so many facets of life the government and corporate world once controlled (music, movies, buying and selling) partially because it evolves so quickly.  Think about the moronic companies and governments trying so hard and throwing so much money at shutting down The Pirate Bay.  Not only has The Pirate Bay been compacted into a form where everyone on earth with a flash drive can mirror it, its only one of thousands, if not tens of thousands of torrent websites.  Even if they did manage to shut down The Pirate Bay by the time they did we'd all be on to the next torrent website, and the whole fight starts all over again.  My guess is the same things going to happen to bitcoin.  They'll get their greedy little fingers into it after a legal battle that takes them years to win and innumerable legal fees and by the time they get into a position they can tax and regulate it we'll all be talking about how litecoin, feathercoin, worldcoin or who they hell knows what is the next big thing.