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chaosknight
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April 12, 2016, 08:37:55 PM |
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How safe is it?
Bitcoin is good for long term investment, but there is no guarantee that it is a safe investment either. Because Bitcoin is a very volatile currency, you could profit in the long term, and so does the otherwise. Well, you could give it a try since 1 BTC is just a small amount. I think everything depends on luck when it comes to a bitcoin, as its impossible to predict the price of bitcoin in future and holding 1 btc for future is always the best thing to do. |
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Newcoins2020
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April 12, 2016, 08:49:33 PM |
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Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
But he is talking about to hold that amount for about 1 year or something more, everyone now is going to buy bitcoins as much as they can, but they are wonder that for how much time they should have to hold them. it depends on what your targets are as investor. my target is to keep holding at least till the price reaches $700 before securing profits. i have enough patience to wait till that time and i know i can keep every satoshi in my offline wallets till it indeed reaches that price level as i have enough patience and dedication. That is the right thing do, patience is the key to success here, always have predesired value of bitcoin in your mind and if it reaches there then I think you should sell it without waiting too long. Indeed, I think that also would be a good tactic for investors but also for traders to be honest. One bitcoin is a good investment but for a long term but I would consider and recommend you to do this with more bitcoins. I'm also thinking this, it would be much better to invest with a lot of bitcoins and do it for a long term because of it goes good on a long term you would make a lot more money. Overall the point of long term investing is profitable with the bitcoin because of the future it has. |
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Corenin
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Activity: 1008
Merit: 1000
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April 12, 2016, 09:20:43 PM |
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Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
But he is talking about to hold that amount for about 1 year or something more, everyone now is going to buy bitcoins as much as they can, but they are wonder that for how much time they should have to hold them. it depends on what your targets are as investor. my target is to keep holding at least till the price reaches $700 before securing profits. i have enough patience to wait till that time and i know i can keep every satoshi in my offline wallets till it indeed reaches that price level as i have enough patience and dedication. That is the right thing do, patience is the key to success here, always have predesired value of bitcoin in your mind and if it reaches there then I think you should sell it without waiting too long. Indeed, I think that also would be a good tactic for investors but also for traders to be honest. One bitcoin is a good investment but for a long term but I would consider and recommend you to do this with more bitcoins. I'm also thinking this, it would be much better to invest with a lot of bitcoins and do it for a long term because of it goes good on a long term you would make a lot more money. Overall the point of long term investing is profitable with the bitcoin because of the future it has. No one guarantees that the price of bitcoin will be higher in future, but if you hold some amount of btc at a moment and if price goes higher in future then you can expect best returns. |
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blackmachinegun
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April 12, 2016, 10:36:37 PM |
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In 20 years you will be looking back saying wow I could have bought 1 bitcoin for 400$
look at whats happened already do you really think bitcoin is going to lose momentum?
yeah because prices in 20 years to come definitely more than the price of what happened today. may be more than $ 1,000. therefore we are grateful to be able to experience a fairly low price of bitcoin. do not be sorry if you do not buy it today. because future prices will rise continuously |
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diodio5
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April 13, 2016, 08:02:06 AM |
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Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
I think just buy according to your abilities. also make sure that you know the risks of what would happen you must be prepared to accept bitcoin if the price can come down quickly and do not be saddened by it. you just need to be patient and expect prices to rise. buy the one bitcoin accordance with the budget and your ability |
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AsaroUk
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April 13, 2016, 08:21:31 AM |
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Its good to make an investment in Bitcoin, because if the value is low you dont have to sell it at that moment, so it is good if you are holding at that moment so it will be more value later.
If you want to make some profit now you can instead of waiting you can trading or gamble with your Bitcoins than you dont have to wait for it.
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ronaldo40
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April 13, 2016, 08:25:56 AM |
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Its good to make an investment in Bitcoin, because if the value is low you dont have to sell it at that moment, so it is good if you are holding at that moment so it will be more value later.
If you want to make some profit now you can instead of waiting you can trading or gamble with your Bitcoins than you dont have to wait for it.
Yeah true. Investing always requires big capital. if you do not have a big capital, it is better not to invest. especially if we invest in bitcoin and hold for long periods of time, it is not worth it if only 1 BTC. |
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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April 13, 2016, 12:52:03 PM |
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Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
As quoted it's better to buy as much possible, as the bitcoin price is expected to grow high in a few months time. Yes, it will boost up in a few months to a much high price, but these few months for price increase will not be enough, he can earn the year year from his 1 bitcoin, as this year is the year of bitcoin and the price will never come down. |
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romero121
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April 13, 2016, 03:24:37 PM |
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Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
As quoted it's better to buy as much possible, as the bitcoin price is expected to grow high in a few months time. Yes, it will boost up in a few months to a much high price, but these few months for price increase will not be enough, he can earn the year year from his 1 bitcoin, as this year is the year of bitcoin and the price will never come down. Users are expecting a peak after halving, if according to expectations things happen and price crosses the past halving peak 2016 can be defined as the year of bitcoin until then we need to have hope and earn and buy for good profit. |
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Newcoins2020
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April 13, 2016, 03:34:20 PM |
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Yes its good to long term invest in the bitcoin because the bitcoin has a really good future if you ask me due to the halving and other things that are coming, there is a good chance that the bitcoin will rise to a high amount for sure.
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Olaf
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April 13, 2016, 05:41:29 PM |
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Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
As quoted it's better to buy as much possible, as the bitcoin price is expected to grow high in a few months time. Yes, it will boost up in a few months to a much high price, but these few months for price increase will not be enough, he can earn the year year from his 1 bitcoin, as this year is the year of bitcoin and the price will never come down. Users are expecting a peak after halving, if according to expectations things happen and price crosses the past halving peak 2016 can be defined as the year of bitcoin until then we need to have hope and earn and buy for good profit. The question most people should re-think is if the that peak never hits what they expect or within that day. It should be a supportive view to invest, but not entirely just that. |
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ronaldinho_07
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April 13, 2016, 06:07:46 PM |
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The problem the most of us has we can sell at green and take around 5-20% but we wanna more soo we left the order open and the moment you thinked to sell the market goes down.Sure bitcoin worths the investment ,but not all can afford to invest those ammount.
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torrentheaven
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April 13, 2016, 06:17:08 PM |
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Totally depends on the value of bitcoin, even 1 btc is enough or even 100 btc won't be enough so its difficult to judge what exact amount of bitcoin will be good to hold for the future.
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avw1982
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April 13, 2016, 07:00:16 PM |
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Totally depends on the value of bitcoin, even 1 btc is enough or even 100 btc won't be enough so its difficult to judge what exact amount of bitcoin will be good to hold for the future.
For just one bitcoin I think is a good idea to do if you are buying more bitcoins that no. With one bitcoin it is really safe, because when you feel is going down than sell it. |
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stromma44
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April 13, 2016, 07:10:40 PM |
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Totally depends on the value of bitcoin, even 1 btc is enough or even 100 btc won't be enough so its difficult to judge what exact amount of bitcoin will be good to hold for the future.
For just one bitcoin I think is a good idea to do if you are buying more bitcoins that no. With one bitcoin it is really safe, because when you feel is going down than sell it. That's the right thing to do, only afford that what you are capable of as if you hold more and if price falls down then you need to go through huge losses in future. |
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LuanX3
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April 13, 2016, 07:13:01 PM |
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How safe is it?
if you hold it for about 30 years, you'll be rich!!! (or the bubble could explode and the bitcoin dies... but i prefer the hypotesis 1) |
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ronaldo40
Legendary
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Activity: 1554
Merit: 1014
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April 14, 2016, 06:59:44 AM |
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Totally depends on the value of bitcoin, even 1 btc is enough or even 100 btc won't be enough so its difficult to judge what exact amount of bitcoin will be good to hold for the future.
For just one bitcoin I think is a good idea to do if you are buying more bitcoins that no. With one bitcoin it is really safe, because when you feel is going down than sell it. but if prices are rising very high and you only hold 1 BTC and had to wait a few years, it will not worth it I think. |
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rio3233
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April 14, 2016, 07:48:22 AM |
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How safe is it?
if you hold it for about 30 years, you'll be rich!!! (or the bubble could explode and the bitcoin dies... but i prefer the hypotesis 1) No one knows what happen to bitcoin in 30 years. And i think investment on bitcoin for long term is not good, it's to risky, better invest for short term in bitcoin. |
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Scream
Sr. Member
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Activity: 476
Merit: 250
U will never know the true answer, before you try
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April 14, 2016, 07:59:53 AM |
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How safe is it?
if you hold it for about 30 years, you'll be rich!!! (or the bubble could explode and the bitcoin dies... but i prefer the hypotesis 1) let's save 0.1month in 30years you will reach arround 36BTC and if the price reach $100.000 you will be millionare  |
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haileysantos95
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April 14, 2016, 08:02:20 AM |
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How safe is it?
if you hold it for about 30 years, you'll be rich!!! (or the bubble could explode and the bitcoin dies... but i prefer the hypotesis 1) No one knows what happen to bitcoin in 30 years. And i think investment on bitcoin for long term is not good, it's to risky, better invest for short term in bitcoin. It is still safe to invest in bitcoin as long as we have not yet reached its cap then after we reach its cap then we have to think if this will be profitable or not. |
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