Bitcoin Forum

Hello people, I got a really important question(s), is it worth to invest my $100k into bitcoins now? I am planning to let them for 6-12 months, would I get any profit on it? Tell me honestly, thank you.

Profit in what? If you want more fiat out of Bitcoin then you may want to just stick with fiat instead.

Well, if you can imagine no situation in which you urgently need that 100,000 back in the next 12 months, then it's a fair bet that at sometime during 2015, BTC is worth more than it is now. However, whether that happens in the next few months, like 600 is as high as it gets in say April, then if you missed the opportunity to cash out then, you might be stuck in it at 250 at the end of the year. It's a game of chicken.

If say you wanted to wave buh-bye to 10 or 20K for 10 years, the long term trend still seems to be up, but short term trends are volatile.

Nobody can give you an answer to this so you need to make your own mind up. Is there potential for profit? Yes. Is it guranteed? No. Personally I think bitcoin will achieve very big gains over the next couple of years but that is just my opinion.

Bitcoin is "worth" investing your $100K in. Especially at current price. I'd do it in a heartbeat.

Looking to chase your losses, Mr. Draper?

Really bad idea IMHO.

wait a bit, i think another dump is coming, and maybe invest only 50%, unless those 100k are already a 50%

yes, go for it if you just find the right spot to buy
big drop is coming!
it can be 100usd/btc, cant tell

Bitcoin has been super volatile lately.  You just gotta learn how to read the market.

If you are in the US, 100k is better off buying from Hud and rent those properties out at high yield.

Yes, you should buy if you're mentally strong enough not to sell when your investment falls 15-25% before rising again.

Start buying slowly. Split this 100k for let's say 5k chunks and buy bitcoins every week with one chunk. If it raises your average price will be relatively low at the end. If it falls you will be able to buy more. Either way after a year you should see some profit.

It's weird that some suggest not investing that kind of money but fail to think of the early adopters who are keeping such sums of money as investment in BTC every day they hold. So when 100k investment is not recommended, it basically means guys like Bitcoin Jesus and others should sell their coins :D

If you invest 100k right now you will hold as many bitcoins as most of the middle class early adopters are holding.

The later you invest the more you'll have to invest in order to get more than just pocket money out of it. To me it seems natural that one would invest 100k in bitcoins/cryptocurrencies today but it certainly wasn't natural in 2012. In 2012 10k investment was comparable to what 100k investment is today.

Supposedly, interest rate cannot be contained much longer and will have to be raised this year. This could bring downturn to hotter housing markets, but also make rental more in demand. Also previous hot markets around oil patch areas are likely to crash.

Anyway, while a rental gives return on the capital throughout the year, it's a tossup whether you picked the right market for your property to still be worth the same at the end of the year, this year. Personally I would aim for areas that are likely to boom on cheap oil. But, that may take time to build momentum, be a 3 year thing rather than 12 month. If interest rates make house ownership particularly unattractive looking, then of course you can charge reeediculous rentals and get a larger return. Rates would probably initially force "downsizing" action, ergo, small, cheap to run houses will be in demand while larger properties will not hold value. Depending on market in that case, you might want 2 50k townhouses rather than 100k down and 100k loan on what looks like a bargain McMansion.

The "6-12 Months" qualifier is where most of the downside is here. If it's needed back at a certain time, the market can be cruel, if he wanted to let 100k ride indefinitely, and could afford to do it, then yah, go for it.

So If I invest a large sum of money for my personal standards now and I lose 50% of it it's the same as an early adopter who will end up having LESS PROFIT?

Are you out of your mind?

Ok.

I'm going to sell my wife, kids, house and everything I possess to buy BTC.
Why? Well, because that way I will approach the amount of money some early adopters have in BTC.

Actually, satoshi holds more than 1M coins right? That's it, I'm also taking a huge loan and buying more of these cheap coinz.

Oh, I didn't even notice the 6-12 month qualifier :D it changes some things that's for sure.
If OP is not going to lose his body parts if he will be in a loss 12 months from now then I'd say let him take the risk. But if I was to lose a finger or in the case of default I'd not invest 100k in bitcoins right now.

Depends on what you want and what you are willing to lose. I was just giving a comparison how the situation has changed since the early adoption days. Investing 1000$ right now won't make you good profits any time soon, but it sure did some years ago. To get the taste of good profits you will have to invest much more today. It means bitcoin today is not the same kind of investment it was in 2012, we're closer to its maturity. Although it's quite logical it should be stressed out that investing and making some lousy pocket money profits is not worth the hassle. If you're aiming the sky, try to hit the god himself.

Newbie comes to forum and asks for investment advice for $100k on 1st post ... no other details of financial situation necessary to give any sensible advice ... nobody suspects trolling ??

Bitcoin's initial price was 0 (zero).  Until it hits 0 again, the long-term trend will remain "up." :)

But what does it change if he's trolling? It doesn't invalidate the question.

If you are a billionaire and 100k are just peanuts for you, sure, put 100k in bitcoin.

Might as well put a few millions in BTCeanie BTCabies while you're at it. You never know right?

^ This ^

One does not need to be a billionaire for that. I remember a guy selling his house and buying bitcoins in the given order of magnitude. If you care too much about money everything will be too risky and you will lose your wealth to inflation. I'd rather choose quick but uncertain death than slow, certain and painful death. But then again, it all comes down to your natural levels of testosterone. Get rid of breast feeding females in your neighbourhood and don't be around small children, they will reduce your testosterone levels and you will become a coward who will never take any risks.

Bitcoin investors are generally naive people and rarely think things out for themselves. Which is the reason that a shill like rpietila was so successful in getting a following of faithful believers on this forum, before he cashed out his profits and moved on to his next scam coin. They'll believe pretty much anything you tell them.

Speaking of that old Finnish fart, it reminds me that he bought a castle in my country for his bitcoin wealth: http://www.arcticstartup.com/2014/09/01/estonian-bitcoin-castle

After reading that article, It's hard to believe he's no longer into Bitcoin business.

So a finnish clown investor got lucky buying in the early days and made a fortune.

Then he opened a thread "calling the bottom" at $600-$500 literally days before the big downtrend that eventually took us where we are now, under $300.
Then he "invested" into a scam shitcoin and told everybody to put money in it. That shitcoin crashed too days/weeks after his shilling.

Sounds like somebody who got lucky but doesn't really know wtf he's doing at the moment...

AKA bitcoin early adopter.

I'd go for it but only with 1/2, and look for something other for the rest half.

lmao I remember that thread! I called him out on the fact that he was wrong when the market crashed again a few days later, and all his followers came to his defense and claimed that we needed to read between the lines, and what *he really meant* was that the bottom was reached during a flash crash months earlier  :D :D Because, you know, there's no way that the great rpiteila could possibly be wrong! Funny that we haven't heard much from him or his defenders since...

It's people and investments like these that will drive the bitcoin price up guys so yes he should invest. If more people followed this advice bitcoin wouldn't be so low right now.

This is probably the worst place to ask for investment advice. A large minority of the people in this sub are able to give unbiased, knowledgable advice about investing in Bitcoin. Most people here are emotional, uneducated, inexperienced investors.

I would advise doing your own research including going to some other subs and asking questions about best practices for storing bitcoins, best exchanges for your purposes, sources for fundamental analysis to understand on a deep level what Bitcoin is, where it has been, and where it is today, and sources for technical analysis to peg against those fundamentals.

While you work on your research, which will take some time, I recommend investing a small amount of that $100k and playing with some coins. Fund some accounts with USD and with bitcoin and see the difference for yourself. This is what opened my eyes. Buy something with bitcoin. Try purse.io to order something from Amazon. Create a changetip wallet and tip somebody on twitter or reddit.

Once you immerse yourself with it, you can make your own decision instead of taking advice from anonymous strangers who likely have an agenda.

http://en.wikipedia.org/wiki/Pyramid_scheme

I don't see any mention of bitcoin ;)

344 BTC? Yeah why not? Buy Low, Sell high.

If you can afford to loose them, go ahead.  Consider them lost, but with a small chance that you will be a billionaire in a few decades.

I only put (small amounts) of money into bitcoin, which I consider lost but which are a bet on the very long term.  It is a high risk, potentially high reward bet.  Say, less than a few percent chances that it booms, but if it booms, then it can be very high.  But not now.  Not in the coming years in my opinion.  90% or higher chance that it falls to very very low or zero.

I think that if you buy bitcoin, you should *at least* want to keep them until mid-2016, at the next block reward halving.

On the short term, hard to say.  Nobody knows.  It might go down under $100.-.   It might rise somewhat, to $400 or $500.  Nobody knows. 

transfer them to bitfinex. this will give you the possibility to short 1000 coins = profit

Nah, just another weak hand that when his investment goes up to $120k and starts to fall he drops Bitcoin and goes back to his notes.

That is not of any use to Bitcoin.

If he has 100k and he does not want to lose his money when the dollar crashes or if he is tired of supporting wars and violence, then I would say convert it all to bitcoins and never look back. But the 6 to 12 month thing kinda gave him away.

Honestly, we don't know enough about him to help him. Does he have a wife? Kids? Dependents? What proportion of his net worth is 100K? How much can he liquidate if he lost it all and would he be ok if bitcoin went to $0?

Personally, if you can afford to lose it, I think it's a great investment that will likely pay off huge. I'm young, have had loose cash that if I lose it all I won't lose my house, etc, and I'm single. All depends on your circumstances.

If bitcoin goes back to $500 I'll break even...anything after that and I'll be making a fortune.

Just my 2 cents. There are so many negative people on this board that scream "bitcoin is dying" every time we have a price dip. They should not be investing in anything since every investment has a risk.

I remember that idiot, he was a pompous moron with mental issues.

when in strong doubt, only invest half of your stack. if it works out = profit

if not = you feel only half as stupid  ;)

in addition don't buy all at one go, split that in 4 or 5 weekly or monthly steps



disclaimer: insanely overengaged in bitcoin  ;)

Most important question: Is that 100k money you can afford to lose if it went to $0?

It's not about whether the question can be answered or not. It's about whether it should be.

No, 6-12 is too short term. While I am almost certain the price will be over 800 this year - specifically, over 600 in July and over 900 in December based on baseline exponential trend - there is also a slight possibility that it won't, so you should leave some room for several years in the red. If that's fine with you, then sure, start investing now.

Yet another thread where someone asks a question. The question is answered in the first page, the OP is never heard from again.

it's very risky right now as it is in a strong downtrend. I would not invest in falling market. Shorting this shitcoin on the other hand could be a good idea. 'trend is your friend'

Pompous :D what a funny word. I will add it to my dictionary.

$100k, i think better put up a biz rather than letting it sit for 6mos doing nothing.

I call bullshit. No one with 100K to invest would ask such a dumb question in such a juvinile way. Will I make profit?

I call bullshit.

Of course it is bullshit, but it is a nice topic for discussion anyway - whether or not now is a good time to invest. The fact that it has been asked two million times already and the answers did not change is another problem...

IIWUIW keep cash on hand for an eminent 2015 equity market dip or crash and get you some good value prices.   

Well, no one knows. If you invested in January 2014, you'd be down 50%. If you invested in January 2013, you'd be up... well, a lot! Since we're quite down at the moment, this may very well be a good time. But please make up your own mind. Caveat emptor!

Anytime someone asks if they should invest $100k in bitcoin the answer should always be, YES! GREAT IDEA! GO FOR IT! ...and give us a heads-up on when you'll be buying, and on which exchange.

Also, follow Hyena's advice to drive all the children and breastfeeding women out of your neighborhood. I did and now my delts, quads, and gluts are massive. I'm selling the surplus testosterone on ebay.

If you buy 100k worth across 2 or 3 exchanges, across a couple of days, you don't really move the market. You could also just wait for an appropriate wall during a run-up or run-down. That kind of money isn't as big as it may sound.

Even if you buy it all at market price on one leading exchange, you won't make much of a dent. This is, since autumn 2013, small peanuts. 200-300 coin purchases are norm, market movers start at 1k coins and only if thrown at critical moments. Bitcoin is not doge, it's some serious shit, even if immature a little, it is already playing in the grown-up league with 8 digits of daily volume.

there are plenty of people with literally thousands of coins working hard to see btc doesnt fail
people have some very interesting ideas such as roger ver and the winklevoss twins among others

nothing except death is certain in this life but i think this would be a great time to get 100k worth of btc
IF you are not in a great rush to see returns

i believe they will come ,but it maybe in 3-6 months or 2-5 years etc

we know it can rise fast on good news ,imagine the next good news is the ETF being launched and coins are
traded as legit assetts on wall st or the reward halfing i imagine will double the price of coins used

expect more darknet sites too as well as more legit vendors combined with a scarcity of btc and youve easily
doubled your money if not tripled it or maybe even more .........

Exactly. Also I don't see a reason why BTC should fail now. There's so much more innovation and improvements coming every week than back in 2011 or 2012, maybe even 2013. It could take another year, but we will go up again eventually.

sure...

https://i.imgur.com/VZn2zp6.gif

This must be a troll buy anyway, don't go all in in BTC, diversify with 4 more crypto options, just in case one of them comes out a winner.

i would say the opposite ,alts are mainly all pump and dump so people can get more btc anyway before the alts are dumped leaving them near worthless
i would just get btc when prices are this low

theres plenty of people who have faith in btc and the ecosystem that is being built around it

look how much some people have invested and they dont seem to be cashing out in any kind of panic :

http://bitcoinrichlist.com/top500

you should buy 100k worth of bitcoin now because we may never see sub 300 again. It's going to rise and when we hit that tipping point theres no going back. You don't want to look back in 1 or 2 years when btc is at 800 and feel that regret. Don't say I didn't warn you.

You should day trade bitcoin with your 100k. You can make 1% every other day. :)

If he would have bought them when it hit 255 and then sold them when it hit 300, he would have made between 15 to 20 percent in just a few days.. so, if you can stand the swings, then go for it,, but its not for the faint of heart.

Yup buy 100k worth.  It seems like you should invest more..  You are thinking too small, buy 1 million USD worth...  Go big or go home..

IMHO if you really can afford to lose $100000 parking them on BTC You can do it but if you wish to do an investment for only 6-12 months you may be better to find out some other investment - e.g. bonds & treasury bills with a duration less than 6/12 months, or doing some intra-day trading on currency and commodities (more risky) - to begin with. If you wish you could reserve a small part of your portfolio (for me is about 1-2% of the total portfolio value) to  intra-day trading on currency and commodities (you may include some BTC trading in it).

Just my 2 satoshi

If you want invest $100,000 for more $ i think it's pretty difficult
First, do you know how unstable is bitcoin price ?
Second, if you know it, are you brave enough if bitcoin price suddenly fall ?

If you don't know how unstable is bitcoin price, i advise you to see here :
https://bitcoinwisdom.com/markets/bitfinex/btcusd (https://bitcoinwisdom.com/markets/bitfinex/btcusd)
https://bitcoinwisdom.com/markets/btcchina/btccny (https://bitcoinwisdom.com/markets/btcchina/btccny)

If you don't brave enough to see bitcoin price suddenly fall, it's better you invest your money somewhere else

I'd  wait for the rockbottom and stagnation to avoid ruin.

the reality is that 100k is not much for a lot of people

i think he could easily triple it or more if he can afford to wait a couple of years (maybe a lot sooner though as weve all seen how fast it can rise when it does rise  )
if its money you have lying around in some bank making  i would certaintly go for it
if you need to borrow money or expect a fast return on it i would not advise it


all depends on your financial circumstances and timeframe

I suggest you use your $100 (or different amount) to buy USD BTC on a trustworthy liquid exchange if you are expecting BTC to rise or short if you are expecting it to fall; but remember to book profits when you reached your targets.

High risk investment. If you have enough money, do it. But, nothing is guaranteed. It is a good time to buy right now, but no one can be sure.

Hello people, I am back and I read all your comments and after looking over the fluctiations of the bitcoin price I come to a conclusion that It's too volatile and also the price is going down. Don't know what to say, awaiting more opinions on it, either buying all at once or buying in blocks.

haha, interest rates have a 99x higher chance of going negative than increasing.

Seems like just an troll thread, see his today post:

At this stage, it won't be any investing that you are doing, more like a gamble. If you don't want to think of it as a gamble, it is just an investment with a high level or risk. Only you can decide what you want to do. Is this risk acceptable? Consider the worst case scenario, what if BTC gets banned outright? Can you live with $100,000 going to $0?

He doesn't have 100k to invest..

Heh, though I can see someone asking about 100K who had a very precious and hard won thousand, so the people who think a thousand is chump change wouldn't be cavalier in their advice.

Well maybe it's a slow start of the 100k investment  ;D Repeat the process one thousand times and you are fully invested!

real estate biz can be a pain in the ass its a good biz but also a risky one.

You should not invest in Bitcoin. Go buy US bonds or Treasury notes if you want an investment.

If you are tired of fiat and want a good alternative, convert your money to bitcoins. Not with the intention to sell, but with the intention to live on bitcoins.

Lol that would be really slow method...and trying to buy with paypal as an newbie? Screams the word scaaaaaaaammmm.

I'm sorry in advance for your loss. ::)

LOL

Bought at 200$, Bitcoin is now 2,000$ +

feelsgoodman.jpg

So you are a milionaire then, congrats!

great tennis. you are a genius. congrats.

Bitcoin never went down to $200 though in Jan 2015?

it went down to $ 157 on bitstamp in jan 2015. i remember the moment when i checked the price. frightening.

He just digged up the old topic unnecessarily, being a higher rank you need to give a advice to don't dig the thread on 2015. I hope no replies will not take part in this thread. I understand, I do not much experience like you to say, as I read the guidelines and shared information from the seniors. I am just saying it bro. don't mistake it.

I digged it to show people that no matter the time, there is always uncertainty when doing investments but if you do enough research and have some balls, you will succeed.
Anyway, my suggestion for all the viewers out there looking to get rich, here's my prediction for this year:
> Sell all your bitcoins, the price of it will see a huge downfall this summer near the month august
> Invest in altcoins, they will have a huge ROI over the following 2 years and as a personal opinion I think XRP will be among these

If you got any questions or suggestions, feel free to message me.

THUG LIFE, congrats for the good bet.

Still waiting on that $100/btc drop??

Divesting into altcoins as Bitcoin enters bear market (not yet confirmed) is one of the worst financial decisions one can make right now. They are significantly inflated, even much more so than Bitcoin, and like all previous bubbles, will be hit much harder if Bitcoin does see a huge downfall per your prediction. It's not just about scaling right now (that will be resolved eventually) - it's about the fact that people are up like 10-30x+ in a very short period of time (much quicker than the 2+ years you waited), and that newfound wealth is only real for those who hit the sell button right now.

Actually, a few days after his post the price took a dive under the $200 mark.

If you look back at all the predictions back then, the poster you quoted didn't at all say something super unrealistic as most of the other people here tend to do.

Funny thing is that the price fell down to just over the $170 mark, while we right now dropped +$170 in value in a matter of 5 or so hours ~ what a contrast.

That is an important amount of money in fact your first issue is going to be how to get bitcoin on the first place, you will probably have to use a service like coinbase in order to buy that much bitcoin.

Dude. Look at the date of the post you are responding to. I think he is no longer in need of counsel. He bought at $200. When everyone else was afraid. Just like those who bought at $2000 will be back here in a few years with a similar story to tell.