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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253325 times)
stromma44
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August 25, 2016, 11:57:40 AM
 #2701

I think so, but you'll need to be patient if you're expecting for high profits.

1 btc is not enough if you are expecting higher profits, as the price of bitcoin will not be in millions in future but if you have more coins then it can give you higher profits in future.
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August 25, 2016, 12:39:12 PM
 #2702

I think so, but you'll need to be patient if you're expecting for high profits.

1 btc is not enough if you are expecting higher profits, as the price of bitcoin will not be in millions in future but if you have more coins then it can give you higher profits in future.
We must be realistic, and we should know that it takes money to make money, 1 BTC as you investment and you are expecting a higher return is not guaranteed, when we are speaking of long term investment it should also be a bigger amount, for me not lesser than 100 BTC.

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shane
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August 25, 2016, 12:41:22 PM
 #2703

I am sure it's always good, you just should buy your bitcoins and wait till price will be more than it was when you bough it, than reapet.

whether you mean is to do trade? buy bitcoin and wait for prices to rise more than that, then sell it and repeat? yes it is a good way to do with the amount 1 BTC. rather than just buying for the long term.

The best possible way and not have a big enough risk is indeed trade bitcoin, i.e. buy bitcoin as much as possible when prices are down and stabilized. And finally selling price is very high while bitcoin

when you buy bitcoin at low prices and hold for the long term. yes it has a small risk, because I am very confident in the future prices will be higher than the current price. but I do not say this the best way, it is still better to trade and get a profit every day.

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August 25, 2016, 09:11:40 PM
 #2704

I wouldn't know about that since the only reason I use bitcoin is as a currency, but it could be a good long-term investment.
yeah it would definitely be one of the best investments you can have at the moment, i hope that the bitcoins i have will make me good money
thats why im trying to put as much money into it as possible in order to make some decent profit in the near future

Well if you think that your move is going to be a good way to earn profit in the future then you are going to have decent profit in the future. It is just like you are going to do nothing but by you are going to hold it and it is better if you are going to invest for a long term investment you are going to invest bigger amount than 1 BTC
I would say that's a good idea, instead of savings in the bank just buy bitcoins now and hold for the future, but always remember there are two outcome in the future either you succeed or you failed so be careful and put only the amount that you can afford to lose.

you can't say it is good or bad because these two are two different things, keeping money in a bank means holding your funds safe with a small amount of profit annually with no risks whatsoever. but buying bitcoin falls under the category of investment which is risky but the profit that you can gain is a lot more.
every risk you've taken always worth to the outcome ,
put your money in the bank = gained a little profit only but there no risk ,
put your money in bitcoin = you gained and lost value , sure it has a high risk but has a potential to gain very high too ,
and some people believe bitcoin will keep growing and rising , thats why they encourage to keep buying no matter what.

it is not just believing in rise or fall but instead in every investment you should weigh the risk versus the reward. and in case of bitcoin, when you invest in it when the price is low or has gone down you are risking a little but the reward in case of a rise is a lot more so it becomes logical to invest.
it is like a basic knowledge about trading ,
buy in low price with small risk to gain a bigger value when the price in high ,
when you decide to make an investment in bitcoin you are forced to know everything about trading ,
buying bitcoin without know anything about this basic knowledge will never be a good idea however.
lister storm
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August 25, 2016, 09:26:20 PM
 #2705

Maybe i suggest if you have money and you want to buy a bitcoin do some trading to gain your money and increase it. If you gonna buy 1 btc and wait the bitcoin get high maybe you need to wait when it that happen. But if you gonna trade it in altcoin to wait thar time you can earn big by gathering all you income while waiting the bitcoin get into higher level.

Using Bitcoins you buy to do altcoin trading only adds risks. Especially for people not knowing how to calculate these risks, and what mess the altcoin market really is. It's a gamble. You either hit big, or lose. It's simply not worth it.

Exactly, if you are not aware about altcoin market and if you jump into it then its a pure gamble for you as there is no guarantee that you will make profits out of it.
you are right, in my opinion it might be a really hard mission for a newbie to do, to be honest it would make me some good money if i did that
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August 26, 2016, 08:11:59 AM
 #2706

Maybe i suggest if you have money and you want to buy a bitcoin do some trading to gain your money and increase it. If you gonna buy 1 btc and wait the bitcoin get high maybe you need to wait when it that happen. But if you gonna trade it in altcoin to wait thar time you can earn big by gathering all you income while waiting the bitcoin get into higher level.

Using Bitcoins you buy to do altcoin trading only adds risks. Especially for people not knowing how to calculate these risks, and what mess the altcoin market really is. It's a gamble. You either hit big, or lose. It's simply not worth it.

Exactly, if you are not aware about altcoin market and if you jump into it then its a pure gamble for you as there is no guarantee that you will make profits out of it.
you are right, in my opinion it might be a really hard mission for a newbie to do, to be honest it would make me some good money if i did that
And I would not risk my bitcoin in buying altcoins too, altcoins do exist in a short period of time and it is only good for short term investment. Only bitcoin has the potential to last and therefore we should only focus our investment with bitcoin.
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August 26, 2016, 08:25:30 AM
 #2707

I am sure it's always good, you just should buy your bitcoins and wait till price will be more than it was when you bough it, than reapet.
I think if you want to use bitcoin as a short-term investment. you must be able and clever in choosing a price. because it will determine the length of your benefit
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August 26, 2016, 08:34:00 AM
 #2708

From my point of view, I would say medium safety, as bitcoin is still in the early adoption stages. This may be a good sign, a lot can happen to boost the value of the currency in the times to come.

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August 26, 2016, 08:50:31 AM
 #2709

I am sure it's always good, you just should buy your bitcoins and wait till price will be more than it was when you bough it, than reapet.
I think if you want to use bitcoin as a short-term investment. you must be able and clever in choosing a price. because it will determine the length of your benefit
It is better to trade if you are looking for a short term investment. In trading you can do it on a daily basis and it is more fun to see some good action all the time, you will not be stagnant and you will learn a good method to make money consistently, however if you have a great amount of bitcoin then it is good for long term investment.

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August 26, 2016, 09:27:54 AM
 #2710

From my point of view, I would say medium safety, as bitcoin is still in the early adoption stages. This may be a good sign, a lot can happen to boost the value of the currency in the times to come.

i think investment 1 bitcoin for long term is very safe, the each halving will make bitcoin more strong, then im sure in future 1bitcoin can rise to $1000 again, and now the price of bitcoin only $5xx
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August 26, 2016, 02:19:39 PM
 #2711

I am sure it's always good, you just should buy your bitcoins and wait till price will be more than it was when you bough it, than reapet.
I think if you want to use bitcoin as a short-term investment. you must be able and clever in choosing a price. because it will determine the length of your benefit
why only for a short term investment? long time investments would surely give you way more profit that the short ones as the price is going to grow really high soon

 
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August 26, 2016, 02:44:25 PM
 #2712

I am sure it's always good, you just should buy your bitcoins and wait till price will be more than it was when you bough it, than reapet.
I think if you want to use bitcoin as a short-term investment. you must be able and clever in choosing a price. because it will determine the length of your benefit
why only for a short term investment? long time investments would surely give you way more profit that the short ones as the price is going to grow really high soon
That depends on how you handle it, even if you are investing for long term but sometimes we cannot see the price as expected while there are this people who are investing in short term where they are just waiting to see a good opportunity to buy cheap coins and then see when the price began to pump.

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August 26, 2016, 04:18:31 PM
 #2713

I am sure it's always good, you just should buy your bitcoins and wait till price will be more than it was when you bough it, than reapet.
I think if you want to use bitcoin as a short-term investment. you must be able and clever in choosing a price. because it will determine the length of your benefit
why only for a short term investment? long time investments would surely give you way more profit that the short ones as the price is going to grow really high soon
That depends on how you handle it, even if you are investing for long term but sometimes we cannot see the price as expected while there are this people who are investing in short term where they are just waiting to see a good opportunity to buy cheap coins and then see when the price began to pump.

I don't think holding it for a long term is a good idea as we should take benefit from price fluctuations and keep on playing with them in short term to make fast profits.
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August 26, 2016, 04:20:03 PM
 #2714

Bitcoin is fluctuating at around $550, so it's not a good idea to buy 1 bTC right now.
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August 26, 2016, 04:45:55 PM
 #2715

I wouldn't know about that since the only reason I use bitcoin is as a currency, but it could be a good long-term investment.
yeah it would definitely be one of the best investments you can have at the moment, i hope that the bitcoins i have will make me good money
thats why im trying to put as much money into it as possible in order to make some decent profit in the near future

Well if you think that your move is going to be a good way to earn profit in the future then you are going to have decent profit in the future. It is just like you are going to do nothing but by you are going to hold it and it is better if you are going to invest for a long term investment you are going to invest bigger amount than 1 BTC
I would say that's a good idea, instead of savings in the bank just buy bitcoins now and hold for the future, but always remember there are two outcome in the future either you succeed or you failed so be careful and put only the amount that you can afford to lose.

you can't say it is good or bad because these two are two different things, keeping money in a bank means holding your funds safe with a small amount of profit annually with no risks whatsoever. but buying bitcoin falls under the category of investment which is risky but the profit that you can gain is a lot more.
every risk you've taken always worth to the outcome ,
put your money in the bank = gained a little profit only but there no risk ,
put your money in bitcoin = you gained and lost value , sure it has a high risk but has a potential to gain very high too ,
and some people believe bitcoin will keep growing and rising , thats why they encourage to keep buying no matter what.

it is not just believing in rise or fall but instead in every investment you should weigh the risk versus the reward. and in case of bitcoin, when you invest in it when the price is low or has gone down you are risking a little but the reward in case of a rise is a lot more so it becomes logical to invest.

i think that the amount of time you plan on holding the coins matters too.  If you had that original 50 BTC reward from block 1, you would be sitting on $28,000 right now.  At the same time, if you bought 1 BTC two months ago at $700, you would be at a $100 loss at the moment.  Planning to buy and hold BTC for a few weeks or months can have any unknown effect.  I would venture to say that you would not lose much, but it could happen. 

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jvper
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August 26, 2016, 04:48:09 PM
 #2716

Due to its inflation and high risk, I don't personnally recommend. In case you really insisted, you should have a 1% exposure, at most. Not more.
phreaky
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August 26, 2016, 07:10:21 PM
 #2717

Due to its inflation and high risk, I don't personnally recommend. In case you really insisted, you should have a 1% exposure, at most. Not more.

The high risk is if the project fails which i highly doubt. Look at the new capital spent in bitcoin start ups. Even the altcoins. Crypto is the future and bitcoin has the best papers to make it work.
Al alt's are just there for show and make the developers rich.
Zooplus
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August 27, 2016, 02:25:03 AM
 #2718

Due to its inflation and high risk, I don't personnally recommend. In case you really insisted, you should have a 1% exposure, at most. Not more.

The high risk is if the project fails which i highly doubt. Look at the new capital spent in bitcoin start ups. Even the altcoins. Crypto is the future and bitcoin has the best papers to make it work.
Al alt's are just there for show and make the developers rich.
Not really, there are altcoins that has a great potential in the future and some developers are really good with the plan, the only problem is the marketing or the product or services because the image of altcoins is not really good compared to a more reputable bitcoin.
mjor200
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August 27, 2016, 07:07:27 AM
 #2719

In my opinion alt coins can be a more risky investment but rewards also increase when risk increases.Even if the price of an alt coin increases a few dollars the profit margin would be huge for the person who would have bought them for a few cents at the right time.It all depends on the research done about an alt coin's future before purchasing.
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August 27, 2016, 02:54:21 PM
 #2720

Due to its inflation and high risk, I don't personnally recommend. In case you really insisted, you should have a 1% exposure, at most. Not more.

The high risk is if the project fails which i highly doubt. Look at the new capital spent in bitcoin start ups. Even the altcoins. Crypto is the future and bitcoin has the best papers to make it work.
Al alt's are just there for show and make the developers rich.
Not really, there are altcoins that has a great potential in the future and some developers are really good with the plan, the only problem is the marketing or the product or services because the image of altcoins is not really good compared to a more reputable bitcoin.

True, you cant generalize all altcoins are  just  for shows, i agree there are  altcoins  that has  a potential to be developed well in the future and would have the possibility to follow bitcoins path  but i think no one would surpass the superiority  of bitcoin since  it is the  main cryptocurrency existing as of today.

1btc  is also a good  long term investment   in the future but if you really like to make  decent profit , just  try to add up more coins so that you would feel the profit when the time comes that bitcoins price rises at top.

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