Bitcoin Forum

When purchasing bitcoins, are you aware of their volatility? Most world currencies seem to be tied to USD – the reserve currency, and BTC rate remains unpredictable.

- Read full article HERE (http://bitcoincasino.info/bitcoin-casino-news/purchasing-bitcoins-profitable-investment/)

It depends what you know about BTC, if you know a lot about BTC, then you know, why to buy and where to invest BTC. And of course I think it is better if you know about all crypto market as well.

maybe it was ago, buy now it couldn't if you just buy bitcoins to wait a profit :(

Actually, if you have a lot of fiat, you might just be able to use the volatility and manipulate the prices to make a good profit.

Yeah, if you are trading short term. I mean you have to quantify the Bitcoin network on a long time frame -> evolution of our existing finance system.

As a short term investment, I wouldn't recommend. It's definitely a long term investment.

Bitcoins are a GREAT investment. Just make certain you retain plenty of money to buy more if the price goes down.
If all else fails: "Sell low and buy back lower"   :D

Or hold?

i think you can buy bitcoin just now if you would to go for the long run...
there are a lot of articles in the web who talk about bitcoin price will go to 1000$ or 10000$....
this is not sure... and if will be, will have to go a long long time!!!

but remeber...
invest just what you can lose!!!

Bitcoins are a good investment if holding for long term. It has big volatility so following it regularly would be stressful.

Buy them, put them in cold storage and come back after a few years.

i repeat...

i think bitcoin is good for the long run...

but if you are exper in trading you can gain in less time...

just check to the new altcoin releas...

they are in the pump&dump scheme..
so in you have good intuition you will do good gain in a few time!!!

Its still hard to say, that it might be good in the long run. Just like dollars even if bitcoin is adopted by many people, it wouldn't mean that the price would keep going up.

that's why I'm spread. As long as the spread is covered, I don't care which direction it goes. I'm strictly trading for a higher price than what I bought it for. I'm not speculating.

You can gain, but you can lose big too. If you want to trade you should have limits put on you and follow it strictly, otherwise you may lose everything in a few hours.

It's not a recommended strategy but altcoins are almost only purchasable via BTC and there is greater volatility there.  If you know how to read it (and you really should read spend a lot of time reading the threads and getting to know the rhetoric) then you it can be a great investment.  I've been doing it for a year and am only up 50ish% BTC (400% fiat) so my opinion is really that should be taken with a huge grain of salt.

If we wanted to turn this into a BTC vs altcoin discussion - not interested.  BTC is here to stay but there are probably a few altcoins that will persist through the next year so a short term attention is not prohibitive.

When you have dollars you can easily spend them on almost anything, almost anywhere. The same is not yet true with bitcoin. If you cannot spend your bitcoin on what you want to buy then it is essentially worthless to you

remeber..

USA dollar was born on 6 july 1785.

Bitcoin just in 2009!!!

whe are just at the beginning!

Yes. Just try to buy as low as possible, don't be hasty. Bitcoin usually swings up and down every and you should aim at those swings.

In the long run Bitcoin will be worth more than it is now, even if it finally dies and becomes replaced by something new. It will have another pump ;)

To me, purchasing BitCoins is always a good thing; but I am always afraid; at the same time, when doing so. At times, you can even find interesting offers on non-bitcoin forums and marketplaces; but in order to transfer those safely, one needs a system that lets you trust a total stranger. BitHalo seems to be offering just that ( http://davtonia.com/halowiki/index.php?title=BitHalo_-_The_world%27s_first_smart_contracting_client (http://davtonia.com/halowiki/index.php?title=BitHalo_-_The_world%27s_first_smart_contracting_client) ), but I am still not convinced. Any thoughts?

Purchasing bitcoins can be a great business but need patience. Now is a great moment to buy.

If you get the bitcoins now at $330 and wait it goes to $500, you make your invest x1.34...  8)

But at last need time and patience. ;)

Yeah mot currencies relate to USD but still could fall by a lot,like the peso.
Bitcoin is independent, but since its not adopted fully yet, it could fall and rise even by one news