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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253316 times)
SuperFuture
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February 19, 2016, 06:37:52 PM
 #1021

You can't know what the price is going to be tomorrow and nobody knows. There are no signs that the price will go down anytime soon, but it can get banned in Australia or Norway for instance. And you can't predict that.

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Kalder
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February 20, 2016, 08:40:12 AM
 #1022

You can't know what the price is going to be tomorrow and nobody knows. There are no signs that the price will go down anytime soon, but it can get banned in Australia or Norway for instance. And you can't predict that.

We do not know what the price will be tomorrow. But I know the price will be higher in 10 years time if there are more users.

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February 20, 2016, 09:16:55 AM
 #1023

Investing in BTC is a good idea. But be careful about how much you will invest. My suggestion is that invest an amount that will not destroy you if BTC price will gone Down..
The good news is that BTC price is rising up daily..

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Watercooler
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February 20, 2016, 09:19:51 AM
 #1024

I think buying 1 Bitcoin today is a very good long term investment, Bitcoin is still very young and there are
only 21 million Bitcoins which can be mined in total. Bitcoin usage is getting more momentum each day
and the future looks very bright. So your 1 BTC will surely be worth much more in several years from now. Grin


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rio3233
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February 20, 2016, 10:06:59 AM
 #1025

I think it's really good for invest on bitcoin. But for long term, i don't think it's a good idea. Because we don't know is the bitcoin price keep increase or decrease.
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February 20, 2016, 10:44:41 AM
 #1026

I think buying 1 Bitcoin today is a very good long term investment, Bitcoin is still very young and there are
only 21 million Bitcoins which can be mined in total. Bitcoin usage is getting more momentum each day
and the future looks very bright. So your 1 BTC will surely be worth much more in several years from now. Grin

For all people here 'long term' has a different meaning. One thinks 1 year is long term, and the other thinks in terms of 5 years to be long term. 1 Bitcoin can bring you a decent profit, but it's not enough to get a lot profit from it unless it shoots up to $10,000 per coin at some poin in the future.
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February 20, 2016, 12:08:30 PM
 #1027

For all people here 'long term' has a different meaning. One thinks 1 year is long term, and the other thinks in terms of 5 years to be long term. 1 Bitcoin can bring you a decent profit, but it's not enough to get a lot profit from it unless it shoots up to $10,000 per coin at some poin in the future.

You are clearly false with your statement here. The current price is $430 ~ currently so at some point even if the price just goes up to $1000 per coin then you will be making double from what you invested today so clearly it doesnt need to shoot up to $10,000 per coin as that are totally not realistic

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ampere
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February 20, 2016, 12:35:06 PM
 #1028

I think it's really good for invest on bitcoin. But for long term, i don't think it's a good idea. Because we don't know is the bitcoin price keep increase or decrease.

Don't wait too long to earn huge profits, as it might not possible if price falls down, try to sell it when you are atleast making some % of profits out of it, selling at a right time is more important.
Anddos
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February 20, 2016, 01:53:10 PM
 #1029

I don't think 1 BTC is that much of an investment so as not to be able to cut your losses if that were to happen.

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February 20, 2016, 02:05:22 PM
 #1030

I don't think 1 BTC is that much of an investment so as not to be able to cut your losses if that were to happen.

I think its better to have more then 1 btc in our wallet, as we are not sure about the value of bitcoin in future, but its always good to hold more number of bitcoin in wallet.
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February 20, 2016, 02:08:10 PM
 #1031

Well right now a huge consensus on btc development has been reached. I'd say if you want to buy, buy now or in the next hours! Cause after it might be a bit too expensive =)

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February 20, 2016, 02:17:55 PM
 #1032

Investing in BTC is a good idea. But be careful about how much you will invest. My suggestion is that invest an amount that will not destroy you if BTC price will gone Down..
The good news is that BTC price is rising up daily..

Yeah agree with you dude. although invest in bitcoin is potential. but don't make invest with amount that you can't afford to lose grin emotikon or don't buy bitcoin with all your money its too risky when price fall. of course will make you
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February 20, 2016, 11:12:20 PM
 #1033

Investing in BTC is a good idea. But be careful about how much you will invest. My suggestion is that invest an amount that will not destroy you if BTC price will gone Down..
The good news is that BTC price is rising up daily..

Yeah agree with you dude. although invest in bitcoin is potential. but don't make invest with amount that you can't afford to lose grin emotikon or don't buy bitcoin with all your money its too risky when price fall. of course will make you

Yeah its better to invest what you can afford to at a moment and also what you can afford to loose as the price is unpredictable, either it will take you to moon or pay you in peanuts.
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February 20, 2016, 11:40:14 PM
 #1034

Investing in BTC is a good idea. But be careful about how much you will invest. My suggestion is that invest an amount that will not destroy you if BTC price will gone Down..
The good news is that BTC price is rising up daily..

Yeah agree with you dude. although invest in bitcoin is potential. but don't make invest with amount that you can't afford to lose grin emotikon or don't buy bitcoin with all your money its too risky when price fall. of course will make you

Yeah its better to invest what you can afford to at a moment and also what you can afford to loose as the price is unpredictable, either it will take you to moon or pay you in peanuts.

Well quoted mate, it may end up in the moon. It wont end up paying you peanuts. Its the time for a great investment so to earn double profit in a short term.

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February 21, 2016, 12:36:28 AM
 #1035

If you believe in bitcoin then you know bitcoin will go double or even tripple in volume/price.
This makes bitcoin a good investment.

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February 21, 2016, 03:42:55 AM
 #1036

Why buy a bitcoin today when you could buy two bitcoins tomorrow?

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February 21, 2016, 04:58:21 AM
 #1037

It's good imo, but invest only 1 bitcoin is quite small. why not invest like 10-20 bitcoins. you will get more profit for invest that. like today the price of bitcoin increase a bit high.
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February 21, 2016, 09:30:46 AM
 #1038

Why buy a bitcoin today when you could buy two bitcoins tomorrow?
I think it is. The value is now a little bit low. So it can be possible that you can do it. I hope for you that you have some profit.
But you never know what can happen in the future and that is not good. It is hard to predict.
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February 21, 2016, 10:10:51 AM
 #1039

Why buy a bitcoin today when you could buy two bitcoins tomorrow?

I think the other way around. If you do not buy one bitcoin today, you have to spend double the amount of fiat to buy one tomorrow.

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February 21, 2016, 10:25:25 AM
 #1040

Most of us are not able to buy even a single btc.
The time the author aksed the rate was at $380? Now it is $440, going slowly upwards.
Well, I think it still is some risk, you never know.
But the the next half step in a few months seems to attract more interest than I thought.
Lucky if you owned already a good amount of BTC.

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