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elyas772
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March 06, 2016, 02:48:43 PM |
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long term..? if what you mean with long term is 10-20 Years i can say "Of course Yes".
but I doubt for 30-100 years. bitcoin can dead like other old technology.
Yeah I think it will be alive at least for next 2 decades, but not sure what would be the scenario after that, as thinking too long is waste of time, and by that time we would see some new digital currencies. everyday new altcoin created by anonymous person. and after bitcoin can't be mine again, Im sure miner will use his hardware to mine other altcoin, that's make me think bitcoin can't survive. |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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bit1
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March 06, 2016, 06:30:50 PM |
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long term..? if what you mean with long term is 10-20 Years i can say "Of course Yes".
but I doubt for 30-100 years. bitcoin can dead like other old technology.
From a point of view wheels cars were invented several decades ago and yet still have not been replaced, In this case remain to be improved, To name old technology to BTC It is not very appropriate and perhaps not very fair , So it could be just a figment of the imagination, Otherwise there is a risk every invention could called old technology just one second after it be invented, Another example is the shoe while it is different the meaning is the same.  |
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tn211
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March 06, 2016, 10:12:24 PM |
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I would do it. But i already got some bitcoins. In a few years my goal is to sell all of them. Either by using them in a webshop
or by cashing them out in fiat. Why? Because i think the price of bitcoin will go up.
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jt byte
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March 06, 2016, 10:50:28 PM |
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Yes its good to invest in the bitcoin these days, also because of the halving that is coming its good and of course due to the fact the bitcoin is growing these days.
If you invest in the bitcoin you will make profit in the future for sure.
Also if you talking in a long term and you want to hold them for a long term you should hold them for 10 years, you will make profit for sure, but keep in mind its risky because the bitcoin can collapse for sure.
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Zaun
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March 06, 2016, 11:16:48 PM |
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investing in the bitcoin is good these days because of the point the bitcoin will got to a high amount.
Also you have to keep in mind the halving is coming and the bitcoin is the future of all currency's because the world is gonna be digital.
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ampere
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March 07, 2016, 01:15:44 AM |
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investing in the bitcoin is good these days because of the point the bitcoin will got to a high amount.
Also you have to keep in mind the halving is coming and the bitcoin is the future of all currency's because the world is gonna be digital.
Yeah, bitcoin is the major point here, which can take our bitcoins to a next level, and its always better to hold some amount bitcoins in your wallet, as you never know what would be the value of bitcoin tomorrow. |
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qiwoman2
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March 07, 2016, 10:22:40 AM |
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I think it's a fairly safe bet to have some of your investment portfolio in bitcoin although I wouldn't have ALL of it in there. Even up to 50% is quite good and then you can do other investments as well to diversify. Every investment carries a risk so spreading that risk is the best thing to do to maximize potential returns or rewards.
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sishendaoye
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March 07, 2016, 02:12:18 PM |
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I am not so sure mate. Of course it might be advisable provided that you have the enough money to buy bitcoin, but also other other financial options to diversify risks. In any case, it is always a good idea to store some bitcoin in order to await for a surprising pump.
Yeah, keeping atleast a few bitcoin when we have a spare money is a good investment.. price sometimes spike and could profit really in short term...but it would be best if we won't be putting everything in it,, just to make sure, save money or invest your money in other investments... It will be good. You can see that the value is now rising slowly so that is very good. I hope that more people can make some more money later. And I think that patience with Bitcoin very important is. Otherwise you wont get profit if you cant wait for the price rise. |
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a7mos
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March 08, 2016, 06:35:09 AM |
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I believe that btc is much profitable in the long term investment scale. If you looked at the price chart you will find that every one bought btc had the chance to make profit. (Except those who bought when the price was more than 500) .
And about the safety of this investment, there is no investment without a risk and I always believe that you should invest in btc money that you do not need only.
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RealPhotoshoper
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March 08, 2016, 12:12:05 PM |
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How safe is it?
long term?i dont think so,and i think if i got so many lose when bitcoin price down so low,its called not safe,because we all dont know what will happen when bitcoin halving,its like gambling with big amount,take a risk or leave it behind (dont buy anything). |
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ausbit
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Activity: 1330
Merit: 1019
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March 08, 2016, 12:22:58 PM |
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How safe is it?
long term?i dont think so,and i think if i got so many lose when bitcoin price down so low,its called not safe,because we all dont know what will happen when bitcoin halving,its like gambling with big amount,take a risk or leave it behind (dont buy anything). I think thinking of too long period would be not the smart move to make, as the future of bitcoin is unpredictable, so its better we think of short term and treat bitcoin in the same manner, so I you buy 1 btc today and hold until the halving, then you can make some good profits as the value would be higher at that time. |
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nejibens
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March 08, 2016, 12:36:34 PM |
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I think it's a good long term investment to buy 1 BTC today, simply because we expect Bitcoin's price will rise soon after the halving
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praprata
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March 08, 2016, 12:39:07 PM |
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Yes its a very good investment if you ask me because you can make a lot of money with it at the end.
Also the halving is coming and that will create a boost for sure so you can make profit.
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Hellacopter
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March 08, 2016, 01:59:27 PM |
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I think it's good investment nowadays to buy 1 BTC at least, because halving is coming soon and we expect that Bitcoin's price will increase highly after this event. And already many people started to hold their coins for this reason.
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eddyubachs
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March 08, 2016, 02:32:48 PM |
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I think it's good investment nowadays to buy 1 BTC at least, because halving is coming soon and we expect that Bitcoin's price will increase highly after this event. And already many people started to hold their coins for this reason.
Yeah, majority of us are holding for the reason that the price will climb up at the time of halving and even if there is no halving around the corner it always good to hold 1 btc in your wallet as you never know where bitcoin will reach in the future. |
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n0ne
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March 08, 2016, 02:53:55 PM |
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Now in this time buying a bitcoin is a good decision, because of the halving the price will increase in a short term. So buying now for long term investment is truly appreciable.
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harizen
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For support ➡️ help.bc.game
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March 08, 2016, 02:56:57 PM |
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I think it's good investment nowadays to buy 1 BTC at least, because halving is coming soon and we expect that Bitcoin's price will increase highly after this event. And already many people started to hold their coins for this reason.
Yeah, majority of us are holding for the reason that the price will climb up at the time of halving and even if there is no halving around the corner it always good to hold 1 btc in your wallet as you never know where bitcoin will reach in the future. I believe that majority here are not holding. Only those big traders that like to go short and those hoarders are holding lots of coins. Most users here in general are using bitcoin for some of their real life financial purposes even they want to do holding. |
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CryingMidget
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March 08, 2016, 02:58:20 PM |
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Yes its a very good investment if you ask me because you can make a lot of money with it at the end.
Also the halving is coming and that will create a boost for sure so you can make profit.
Its not impossible that bitcoin is a product which reduces your costs If halving comes also, foreign exchange transactions can be very expensive, insecure and slow where at bitcoin beats them on all points. It doesn't have to be a intellectual point, if you aren't rich make it useful rather then sitting on it |
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DeDordtenaar
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March 08, 2016, 03:01:48 PM |
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How safe is it?
long term?i dont think so,and i think if i got so many lose when bitcoin price down so low,its called not safe,because we all dont know what will happen when bitcoin halving,its like gambling with big amount,take a risk or leave it behind (dont buy anything). which make it unsafe is when the price falls. You know fluctuations certainly there when prices go up. so that you need is to be patient when the price falls. you can cope with it mate |
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gerXhonza
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March 08, 2016, 04:12:42 PM |
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How safe is it?
long term?i dont think so,and i think if i got so many lose when bitcoin price down so low,its called not safe,because we all dont know what will happen when bitcoin halving,its like gambling with big amount,take a risk or leave it behind (dont buy anything). which make it unsafe is when the price falls. You know fluctuations certainly there when prices go up. so that you need is to be patient when the price falls. you can cope with it mate Yeah, patience is the key here if you wait for the right time to sell then you will definitely make some profits, and its always good to hold 1 btc in your wallet as you never know what would be the value of bitcoins in future. |
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