Would you BUY BTC for your savings which you wouldn't touch for maybe 2-5 years?

[LFC_Bitcoin]

I've invested about 25% of my net worth into BTC.
I don't want or expect any return from it in the short term.
[]

Yeah, looks like the short-term thing is pretty much off the table for you...

Hi guys,

I'm new here but not particularly new to BTC.

I've been investing for just under 6 months & have so far amassed 8.75 BTC, I bought most of my coins when the price was around £350 (GBP) , unsure what that is in dollars but I'm at a pretty bad loss currently.

We're down to around £247 (GBP) as we speak, do I continue to invest in BTC or just hold what I've got?
[]

Keep amassingHAHAHAHA. Nature favors the brave

Unsure if trolling but yes I am down quite a lot if you average out my buys over the time since I started last April/May.
I've been buying all the way down though.

The bear market will end at some point surely......

Come back to me in 5 years & we'll see where we are?

That's why I'm telling you to keep amassingHAHAHAHA.
Short-term profit's not really on the table for you tho.

I can't disagree with that

[Natalia_AnatolioPAMM]

would you touch it for a lottery ticket?

[rjclarke2000]

I've invested about 25% of my net worth into BTC.
I don't want or expect any return from it in the short term.

I'm happy to wait at least 10 years to hopefully see a major return on my investment.

Fingers crossed hey, that's all we can do.

I have seen quite a few of your posts and it seems we have the same attitude/plan towards btc. I am investing what I can for the long term too.

I wouldn't say I have 25% of my net worth in btc but I am willing to keep adding so in 10 years I will be in a very good position IF it rockets.

Obviously there is the possibility of having bugger all if it fails!

I will take my chances, keep buying and carry on my life regardless!

[LFC_Bitcoin]

I've invested about 25% of my net worth into BTC.
I don't want or expect any return from it in the short term.

I'm happy to wait at least 10 years to hopefully see a major return on my investment.

Fingers crossed hey, that's all we can do.

I have seen quite a few of your posts and it seems we have the same attitude/plan towards btc. I am investing what I can for the long term too.

I wouldn't say I have 25% of my net worth in btc but I am willing to keep adding so in 10 years I will be in a very good position IF it rockets.

Obviously there is the possibility of having bugger all if it fails!

I will take my chances, keep buying and carry on my life regardless!

The thing is here in the UK you can put savings into fixed rate bank bonds & get an awful return.
I had a decent amount of cash in a bond last year and it earnt 1.4% interest.
I know it's guaranteed positive gain on your money but come on, 1.4%.
What am I supposed to do with that?

Whilst bitcoin is still (imo) fairly cheap I'm going to keep adding to my stash until the price of bitcoin goes up a fair bit.
Then I'm going to sit back & be happy that I've done all I can to at least try & do something that may benefit me in the future.

I'd kick myself if I hadn't invested in bitcoin & then found out in 10 years that one bitcoin is 10000 dollars.

[Amph]

would you touch it for a lottery ticket?

no i would touch it only for serious emergency, i'm strongly convinced that bitcoin will reveal itself as a great investment in the future

not only that but i'll add even more of my funds into bitcoin after each year(let's say 10% per year) until 5 years are pssed

[Natalia_AnatolioPAMM]

would you touch it for a lottery ticket?

no i would touch it only for serious emergency, i'm strongly convinced that bitcoin will reveal itself as a great investment in the future

not only that but i'll add even more of my funds into bitcoin after each year(let's say 10% per year) until 5 years are pssed

I mean, for me bitcoin is good investment in a short term but I would never trust it my emergency founds cause its too illiquid

[mrhelpful]

Actually I`d probably increase it, as long the online gambling scene grows, cause thats the only form of metrics that seems logical to me.

They need to launder money, and bitcoin is the only better way to do it, which then retains its value by them buying massive amounts at a time.

[minerpumpkin]

Actually I`d probably increase it, as long the online gambling scene grows, cause thats the only form of metrics that seems logical to me.

They need to launder money, and bitcoin is the only better way to do it, which then retains its value by them buying massive amounts at a time.

This is a very interesting theory. Also, I believe, the online gambling scene will continue to adapt Bitcoin even more. There are already quit some Bitcoin casinos and casinos accepting other cryptocurrencies. Then again, there are even altcoins specifically designed for online gambling (CLAM)

[randy8777]

i would say never more than 25% with any kind of investment. that gives you the option to make nice profit without risking much of your savings.

[oblivi]

Would you BUY BTC for your savings which you wouldn't touch for maybe 2-5 years? i'm tempted...

2? Im not sure, not enough time to tell. 5? for sure, 5 and im sure we'll be higher than we are now by a considerable enough amount.

[fearlesscat10]

i would say never more than 25% with any kind of investment. that gives you the option to make nice profit without risking much of your savings.

Nobody ever got rich with that kind of mindset. No risk, no returns. If you just keep savings locked away it'll get eaten up by inflation, so might as well make risks.

[rjclarke2000]

i would say never more than 25% with any kind of investment. that gives you the option to make nice profit without risking much of your savings.

Nobody ever got rich with that kind of mindset. No risk, no returns. If you just keep savings locked away it'll get eaten up by inflation, so might as well make risks.

I agree. You can play safe and be reasonably comfortable or go for it.

Just don't invest too much that you can't pay mortgage, rent, bills etc!!

[minerpumpkin]

i would say never more than 25% with any kind of investment. that gives you the option to make nice profit without risking much of your savings.

Nobody ever got rich with that kind of mindset. No risk, no returns. If you just keep savings locked away it'll get eaten up by inflation, so might as well make risks.

But if you invest everything you have, and actually end up losing it, you never manage to gather a remarkable amount of money or assets. You don't have to bet on some stock/company/currency/technology  to succeed, you can actually also just plain-old save your money and buy a house at some point... Or a boat... whatever

[Sakarias-Corporation]

Went 52%!! No turning back... Cuz I've neer sold BTC to an exchange before he he... Anyone know a good site where I can sell my coins if needed ? ( I live in Sweden)