Looks like this are turning around....what are you buying low?

Hi All,

I have just over £500 to spend and I'm not sure where I should be investing this.

Do I buy a small fraction of a bitcoin or buy 2 ethers?

What would you do?

I'm looking for some long term investment.

Also, i'm hoping to contribute £100 per month towards either one but not sure which direction I should be taking.


Many Thanks

I have invested in Litecoin and I hope you do too, price is expected to rise rapidly by next week for Litecoin.

OP If you are of a nervous dispositions then virtual currencies are not somewhere you should be looking to invest. Buy some old car or antique and sit safe in the knowledge that it is increasing by a small % every year.

If however you able to deal with risk and have some perspective on the amount you invest, ie you can afford to lose all of what you invest, then jump in.

Bitcoin will go down and it will go up, just like the sun does everyday. 

Price of bitcoin last May was around $2400, currently after a drop its $7,924.89, OP That's a 3 times increase in 12 months,, please show me an investment that has done that in a year and not experienced any drops.

Well what about students traveling abroad, lots of students go over seas to help third world countries or going on vacation during spring or winter break. Why wouldn't students get into bitcoin?.

There are a lot of possibilities in the future. We can always count on the success of bitcoin knowing that we are seeing that it is slowly reaching in to the world market. When it comes to banks, maybe some will be able to transact and exchange bitcoin but I don't think it will still be often knowing that a lot of exchanges are now arising which threatens banks existence.

take advantage of the opportunities that exist if you have the thoughts and beliefs of bitcoin and please invest and start buying bitcoin to start trading for future profit later

There are countries that could afford to have a cash less society, it means that they have enough equipment and technology that can facilitates such major innovation. Perhaps, it is true in some developed countries, but worldwide, perhaps it is yet too ambitious. Consider countries that are still developing and have struggling economy, it would be so difficult for them to abolish the use of traditional money and force the poor to understand the new financial system. Innovation really takes time and studies to become applicable, perhaps in due time, gradually it may happen.

Of course they can, now a lot of divorced or people with developed thinking is in the computer sphere, but also can steal the state of it and your mistake, so you be careful.

Great information i wasn't aware about such thing. Really impressive that our bitcoin is in number 6. I was thinking bitcoin is just internet currency and circling around internet. Never expect such thing with bitcoins. It will increase more courage in bitcoin lover and they invite people to invest with it. Anyways i think in future bitcoin will surpass Indian rupees and in 2030 it will be in top on the list.

Bitcoin is bitcoin it grows because people patronize it that's why bitcoin become popular all over the world so I don't think so that there is just like bitcoin that will boom like this. In the virtual world we know that there were a lot of crypto and they have their own strategy to make it popular and well-known.

correctly. and if I think the bitcoin is a land to earn a very large income and bitcoin also is a very valuable asset that is very promising for all its users

This statement is quite logical, since if people think something is valuable, then it should grow in price. And while people value bitcoins and invest in it, it will continue to grow.

I think that as long as there is an Internet - there will be bitcoin. In the future, bitcoin will become a global online currency and an electronic analogue of gold.

Thats was too low, I think its not that going to happen unless the dump was continuing. actually bitcoin price now was not that unstable like before. It was normal to dump and pump because it was one of the characteristic of bitcoin, being volatile. But we must always be ready for all the possibilties that may happen. So be sure that you wont feel any regret when it fall.

Another plus in favor of the crypto currency was the news that MUFG Bank to test own digital currency.
NHK has learned that the banking unit of Mitsubishi UFJ Financial Group plans to carry out a large-scale trial of its own digital currency.

The bank plans to conduct the test of what they call MUFG Coin as early as next year in limited areas of Japan. The trial is expected to involve around 100,000 MUFG Bank account holders who apply to take part.

The participants will install an app on their smartphones that converts their deposits into the digital currency. One MUFG coin will be worth 1 yen.

They will be able to use the currency to make payments at places like restaurants, convenience stores and other shops. They can also transfer the currency to the accounts of other participants.

The bank officials will check to see if the settlements are carried out smoothly and in a secure way. For the future, they're considering tie-ups with a wide range of businesses to offer services based on the currency.

Source: https://www3.nhk.or.jp/nhkworld/en/news/20180515_25/

There are lots of predictions out there and I know that it is hard to predict the price, but one thing is for sure for me that cryptocurrencies will eventually race in the market that almost people will finally see this as a big change in their life, I cannot predict the price as well but I know it would have a great price.

it would be like that bitcoin or other digital currencies can never replace the conventional currency of each country because each country has its own regulation of finance other than that there are still many shortcomings if bitcoin into the world-wide currency.