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Author Topic: Is buy and hold a good investment option with price around $230 - Aug 2015  (Read 3601 times)
vero
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August 30, 2015, 06:51:16 PM
 #21

Bitcoin will hit $500 easily next year, you are practically guaranteed to double your money if you buy now.
really? how did you know price will up next year

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August 30, 2015, 06:53:26 PM
 #22

6 months and 1 year is to low. If you are looking to hold 3 years then OK. By waiting the end of the block size debate, you might get cheaper coins but this isn't sure. Even if we see another price drop, this won't be a huge drop in my opinion, or nothing that you can't make up very fast when price starts soaring up again.

Also yes, Bitcoin investment is very risky, even at the moment, but that's why you have incredible opportunity to make much serious money in the near future, something that you can't get in the bank but than again, your money is safer in the bank.

Good luck!
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August 30, 2015, 07:00:59 PM
 #23

I would say at this price range it is good to invest in Bitcoin.There is possibility that price to drop a bit but that will be temporary if that happens.Buying at around 230$ can not make much loss in case of a bit drop in price but I see price stable between 210$-240$ for this year.This is my opinion may be you not agree with this.
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August 30, 2015, 07:04:21 PM
 #24

You should wait until the Blockstream/XT battle has finished before making any serious investment decisions. I do not think we have reached the bottom price from that situation yet. You may be able to get some coin for a lot cheaper.

In general I agree with the above, with emphasis on highlighted portion.  My personal guess is that there is an 80% chance that Bitcoin will survive.  That is down from 90% 2 weeks ago, and I see the trend floating ever so slightly lower due to the level of division, and the increased realization by TBTB that actually pegging a Fedcoin to the IMF SDR/XDR would actually be relatively simple to achieve a level of global acceptance for.  Technically it would be a breeze.  But the wind is still at Bitcoins back in the buildout of infratructure / 3rd party dev / investments - so I still see that Bitcoin Survival is the highest probability - even if done through force, which I see as greater than a 50% chance now.  By force I mean unleashing an army of zombie miners, in conjuction with other built in triggers - long enough to activate XT.  Just because you don't see them online, doesn't mean they can't come online instantly.   Lots of processor power being lined up out there.  They are drafting the Supercomputers.

But with that said, I would follow general investor advice regarding Gold at this time..... be diversified and put at least 5 - 10% in Bitcoin.  However, the instant it looks like this thing resolves (and also looks like there is no Bitcoin Killer that is the reason for it) then I'd quickly start upping that percentage.  When this finally goes, it will go steady but fast.

But I agree that while we are in the throes of where we are now - things could swing wildly.  But in the giant scope of possibilities, I'd just be locking in some bitcoins.
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August 30, 2015, 07:11:49 PM
 #25

Believe me there was never any sure point of entry into Bitcoin and never will be (at least in couple of years will not be).Bitcoin's price is unstable and investment is always risky in anything.230$ can be good for some people and for others is not good to invest at this price.I think we will see some stability in price over the next couple of month instead of increase or decrease.If you want to hold on long term basis then do it at around 230$.You only lose if you sell your coins.
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August 30, 2015, 11:46:46 PM
 #26

It's safe to say that bitcoin is safe in the 200$ range, so the next years halving that will lower the supply is definitely going to affect the price pushing it up.
I would advise buying and saving it atleast fot that 1 year, it shouldn't be a problem to have much higher return (if not doubled) by then, but of course; nothing can be guaranteed.






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August 30, 2015, 11:50:20 PM
 #27

I would think that waiting until the whole XT/BIP 100/101 deal blows over, because there's going to be a lot of unpredictable fluctuations. I can see the price dropping lower if this stuff escalates.
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August 31, 2015, 01:15:48 AM
 #28

Bitcoin will hit $500 easily next year, you are practically guaranteed to double your money if you buy now.
really? how did you know price will up next year

It is his view, an intelligent guess, given the long downturn and block reward halving next year.  Smiley


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August 31, 2015, 03:37:25 AM
 #29

It's safe to say that bitcoin is safe in the 200$ range

In general I agree with this due to how much money is/has been put into Bitcoin start-ups and the traction its already gained.

so the next years halving that will lower the supply is definitely going to affect the price pushing it up.

This I'm not so sure of. There is some evidence that all halving does is raise the price before halving (I'm thinking of Litecoin, and yes, I know it's kind of apples and oranges), as people speculate the price is sure to go up, and then dumping afterward which brings the price down again.

Then again, the price of Bitcoin (via coindesk) at the last halving was about $12.20+ (in 2012) but didn't show much marked increase from the previous months leading up to the halving. After that though, four months later, the price was the price of today $230, but then went down again. Then there was mtgox.

This is all a round about way of saying I've no idea, but I'm holding.
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August 31, 2015, 03:43:36 AM
 #30

i am not sure with the price, because of the bitcoin XT debate matter.
for me, it is quite a good investment as it will be solved.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
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September 02, 2015, 10:19:34 PM
 #31

Bitcoin will hit $500 easily next year, you are practically guaranteed to double your money if you buy now.
i don't think "guaranteed" is the right term.
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September 02, 2015, 11:02:14 PM
 #32

Bitcoin will hit $500 easily next year, you are practically guaranteed to double your money if you buy now.
don't dream too high, i don't think so! seems bitcoin price now hard to hit $300. who will guarantee price will up next year
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September 03, 2015, 02:33:12 AM
 #33

Bitcoin will hit $500 easily next year, you are practically guaranteed to double your money if you buy now.
don't dream too high, i don't think so! seems bitcoin price now hard to hit $300. who will guarantee price will up next year

the block halving will surely affect the bitcoin price in a good way next year. but that's still quite some months away from now. currently we won't see much movement in the price as people are waiting for something to happen.
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September 03, 2015, 02:49:35 AM
 #34

better when you save your money, because I think bitcoin prices will soon rise, but if you want to invest your money, then choose the 6 months
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September 03, 2015, 04:47:55 PM
 #35

yes I guess so, the likely size of bitcoin prices will rise in 2016 to come, so it could not hurt to invest
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September 03, 2015, 04:54:03 PM
 #36

I wouldn't say bitcoin is ever a great investment option. It's okay if you want high risk and are interested in the technology.
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September 03, 2015, 05:36:42 PM
 #37

i think its a good investment i believe the price will grow sooner or later
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September 03, 2015, 06:01:47 PM
 #38

Just looking for some opinions.  I know I can make 0.5% on my cash in the bank so I'm thinking to put a small percentage into buy and hold of bitcoins. 

What do people think of this as an investment holding for 6 months, 1 year or 5 years?

I think around $200 is floor for bitcoin..if it goes lower there will be huge buy orders...so yes I think it's decent price to buy and hold

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September 03, 2015, 06:03:40 PM
 #39

i feel like its going to take a little dip to around 200 then gradually increase in price.
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September 03, 2015, 06:08:45 PM
 #40

Just looking for some opinions.  I know I can make 0.5% on my cash in the bank so I'm thinking to put a small percentage into buy and hold of bitcoins. 

What do people think of this as an investment holding for 6 months, 1 year or 5 years?

 

just my opinion, i think no. its not the right time yet,
bitcoin will still go down, according to some indicators. but you can still invest a bit of it..
just for insurance.. Tongue and hold it tight... just be careful of scammers and hackers thought.
because we dont have government to pursue them.. Tongue
goodluck!!


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