Furio
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Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
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November 07, 2015, 06:07:27 AM |
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A few weeks ago most defintely, around 200 was simply to low, but now, it can go back, or it can rally the way up, only to be dumped for everyone to cash out before christmas shopping.... so now, not so much
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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ajun96
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November 07, 2015, 06:53:11 AM |
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Bitcoin is not safe atm, due to the volatility of the price. But in long term for sure it will be. Laws of the market - demand and supply - always determine. Bitcoin has become increasingly popular, and nothing can stop it now.
so you are think long-term future, bitcoin prices will be stable? so bitcoin will be good long term investment ? Price Stability will be totally depend on the adoption level of the people, but it is difficult to stay whether bitcoins will be stable in the future or not, but buying 1 BTC and keeping it safe for the future sounds a great idea as this is the right time to invest in bitcoins as we know that the prices of bitcoins will reach to a next level in the coming future and it can proved to be a good financial investment. why are you so sure if the bitcoin price will rise to the next level in the future? when 20 years from now? for the moment is still very unstable, you can see bitcoin price yesterday, in one day from $ 430 down to $ 350 If you invest a lot of bitcoin you'd be dizzy yesterday |
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Miracal
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November 07, 2015, 06:54:56 AM |
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buying bitcoin and holding it is the safest possible bitcoin related investment. the only risk is the price that may go down. but if you hold it for the long term then it is a solid investment.
'safe' is a relative word. Buy a Bitcoin if you can afford to lose that much amount. That is the smart risk. Risk only what you can afford. Buy it and hold it, then sell it when you feel that the profit earned is justified according to you. |
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zodiac3011
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November 07, 2015, 02:17:17 PM |
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buying bitcoin and holding it is the safest possible bitcoin related investment. the only risk is the price that may go down. but if you hold it for the long term then it is a solid investment.
'safe' is a relative word. Buy a Bitcoin if you can afford to lose that much amount. That is the smart risk. Risk only what you can afford. Buy it and hold it, then sell it when you feel that the profit earned is justified according to you. just like gambling, don't be too greedy or you will lose everything you got |
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SumBit
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Activity: 3
Merit: 0
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November 07, 2015, 02:19:32 PM |
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Buying 1btc is a pretty safe investment imo if you plan on holding for a long period of time, although if you only buy 1 you might not make much. If btc is at 5000 in like 4 years you only made like 4600 if you buy more you'll make way more
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zodiac3011
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November 07, 2015, 02:23:27 PM |
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Buying 1btc is a pretty safe investment imo if you plan on holding for a long period of time, although if you only buy 1 you might not make much. If btc is at 5000 in like 4 years you only made like 4600 if you buy more you'll make way more
bitcoin's price is stucked at 380 and fluctuate around it I think the best it can get is 600 so 5000? pretty impossible to me. However the price of bitcoin usually change every second so we do not know whether it is safe in my opinion |
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oblivi
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November 07, 2015, 05:33:46 PM |
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Buying 1btc is a pretty safe investment imo if you plan on holding for a long period of time, although if you only buy 1 you might not make much. If btc is at 5000 in like 4 years you only made like 4600 if you buy more you'll make way more
bitcoin's price is stucked at 380 and fluctuate around it I think the best it can get is 600 so 5000? pretty impossible to me. However the price of bitcoin usually change every second so we do not know whether it is safe in my opinion Long term is really safe, there's no way around this. At this point the network has been proven to be very solid for 7 years and counting. Volatility long term is expect, so is a massive price surge long term. |
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randy8777
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Activity: 896
Merit: 1000
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November 07, 2015, 05:40:20 PM |
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Buying 1btc is a pretty safe investment imo if you plan on holding for a long period of time, although if you only buy 1 you might not make much. If btc is at 5000 in like 4 years you only made like 4600 if you buy more you'll make way more
bitcoin's price is stucked at 380 and fluctuate around it I think the best it can get is 600 so 5000? pretty impossible to me. However the price of bitcoin usually change every second so we do not know whether it is safe in my opinion Long term is really safe, there's no way around this. At this point the network has been proven to be very solid for 7 years and counting. Volatility long term is expect, so is a massive price surge long term. people who are holding their coins for the long term will be the winners. especially if you consider how much possible growth bitcoin can generate throughout the years. it's basically risk free profit if you have the patience to wait a few years. |
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bitcoinhopper
Sr. Member
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Activity: 336
Merit: 250
Bravity is beautiful.
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November 07, 2015, 09:26:22 PM |
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For long term investments > yes
If you want to profit on short term, reconsider. There are too many valuables that can influence the price and if you don't day trade you can lose a substantial amount of your investment.
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DiamondCardz
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Activity: 1134
Merit: 1112
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November 08, 2015, 01:10:21 AM |
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Bitcoin is not safe atm, due to the volatility of the price. But in long term for sure it will be. Laws of the market - demand and supply - always determine. Bitcoin has become increasingly popular, and nothing can stop it now.
Bitcoin will remain volatile for the forseeable future, though. I wouldn't have called it stable (i.e. not volatile) even once during the time it has been bought and sold on exchanges, when you buy into bitcoin you need to accept that it is a volatile asset/currency/commodity and that the price of it will vary wildly. |
BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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AncilVTwo
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November 08, 2015, 02:34:26 AM |
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For long term investments > yes
If you want to profit on short term, reconsider. There are too many valuables that can influence the price and if you don't day trade you can lose a substantial amount of your investment.
unless if you start trading with the bitcoin buy as an investment. the the returns in the short term can be decent as well. |
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Ninjaskills
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November 09, 2015, 06:43:17 AM |
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Buying 1btc is a pretty safe investment imo if you plan on holding for a long period of time, although if you only buy 1 you might not make much. If btc is at 5000 in like 4 years you only made like 4600 if you buy more you'll make way more
if you buy more, sure profits will be higher, but do not forget the loss, the risk is definitely there, the amount to be purchased must be in accordance with the calculation, may buy more than 1 BTC, depending on the calculation |
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ajun96
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November 09, 2015, 06:49:08 AM |
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everyone is sure if the bitcoin prices will rise in the future,
I will buy more than 1 BTC, even
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Amph
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Activity: 3206
Merit: 1069
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November 09, 2015, 08:16:27 AM |
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Buying 1btc is a pretty safe investment imo if you plan on holding for a long period of time, although if you only buy 1 you might not make much. If btc is at 5000 in like 4 years you only made like 4600 if you buy more you'll make way more
if you buy more, sure profits will be higher, but do not forget the loss, the risk is definitely there, the amount to be purchased must be in accordance with the calculation, may buy more than 1 BTC, depending on the calculation investing a small portion of your wage to have a probably better future is a good option imho, you can cut some loss because you have still the other portion of your wage and have the possibility to be rich in the future i would avoid this if you have a family maybe, and your saving is toward zero, because you can't afford to save anything so 1 btc at the moment would be too much for the majority, you can do 0.5 per month as a investment |
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NordicRanger
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November 09, 2015, 09:01:56 AM |
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It's not safe at all
I do believe it's a good investment for the future
but you'll never know what could happen, don't think it will die anytime soon
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gkv9
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Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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November 09, 2015, 09:06:48 AM |
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Only invest what you can afford to lose...
I never mean to say that don't invest or you might get to 0, but currently, we are experiencing high volatility rides and you never know what are the floor/peak levels...
I would still stay away from BTC investment currently unless it comes back to $270, that's a nice buy floor for me right now...
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Heartilly
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November 09, 2015, 09:10:19 AM |
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With patience, it is 100% safe investment to but a BTC1.
Yes it will not take much profit at first but wait for the skyrocket then you won't regret.
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StevenLiang
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November 09, 2015, 09:18:12 AM |
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Only invest what you can afford to lose...
I never mean to say that don't invest or you might get to 0, but currently, we are experiencing high volatility rides and you never know what are the floor/peak levels...
I would still stay away from BTC investment currently unless it comes back to $270, that's a nice buy floor for me right now...
$300 also a nice price for invest in BTC price, at least in future more people will use BTC as their online payment. And that's mean BTC value will keep grow a bit from $270. In my opinion, $270 is quite hard. But no one know about it. |
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harizen
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For support ➡️ help.bc.game
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November 09, 2015, 09:22:12 AM |
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Only invest what you can afford to lose...
I never mean to say that don't invest or you might get to 0, but currently, we are experiencing high volatility rides and you never know what are the floor/peak levels...
I would still stay away from BTC investment currently unless it comes back to $270, that's a nice buy floor for me right now...
$300 also a nice price for invest in BTC price, at least in future more people will use BTC as their online payment. And that's mean BTC value will keep grow a bit from $270. In my opinion, $270 is quite hard. But no one know about it. With the current trend look like that $270 will only occur if there's somehow a major changes to affect the price like when XT drama happen. $300-$320-$350 I think is the right price to buy btc's for today. I see that price has strong support today for $360 above so I will guess that no $200 mark will happen for a months. |
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MR.Seller
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November 09, 2015, 09:50:07 AM |
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Only invest what you can afford to lose...
I never mean to say that don't invest or you might get to 0, but currently, we are experiencing high volatility rides and you never know what are the floor/peak levels...
I would still stay away from BTC investment currently unless it comes back to $270, that's a nice buy floor for me right now...
I agree, you can have btc in other way not just to invest. I didn't say it to negative side but for the sake of your money. We don't even know if this will rise up or gonna get back to $270. If 1 btc is to cheap for you well try to invest but 1 btc is to much pricey for you better move to another way like gambling, sig campaign or faucet. |
^^^^Researcher^^^^
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