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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253316 times)
hendra147
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November 13, 2015, 06:05:36 AM
 #301

It's not safe, but right now there's a strong chance that bitcoin will go up. This is because of the recent drop in bitcoin's price. I've bought almost 5 bitcoin, so if you invest too, we'll be hoping for profit together Cheesy

If you want to hold long term, it will be profitable. We all know that, dont we?

wow sound like good
you buy %bitcoin at under $300 ? at corection price ? Smiley

congratulation for your luck friend
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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November 13, 2015, 10:18:40 AM
 #302

I think buying on 8th October when this thread was written, was a perfect idea. Value of Bitcoin raised for 30%.

I wonder what OP did back then. Tongue
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November 13, 2015, 10:25:40 AM
 #303

I don't think it would be worth it, that's the sort of thing that made sense back when you could buy Bitcoin for a few cents/dollars. I don't see Bitcoin spiking to thousands of dollars anytime soon. However, say if you find $310 by the side of the road one morning, then sure, go ahead and dump it into BTC, you never know.

It's worth it if the person in question believes the value of Bitcoin goes up. If you don't have that believe in Bitcoin, then you are better off with not buying at all. If you do believe in the future of Bitcoin, then there is no better time to buy than now Smiley
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November 13, 2015, 10:38:26 AM
 #304

I don't think it would be worth it, that's the sort of thing that made sense back when you could buy Bitcoin for a few cents/dollars. I don't see Bitcoin spiking to thousands of dollars anytime soon. However, say if you find $310 by the side of the road one morning, then sure, go ahead and dump it into BTC, you never know.

It's worth it if the person in question believes the value of Bitcoin goes up. If you don't have that believe in Bitcoin, then you are better off with not buying at all. If you do believe in the future of Bitcoin, then there is no better time to buy than now Smiley

Basically only believing in bitcoin can't considered as assurance here.

The point here is, bitcoin really changed since then and 100% it will not fail anytime soon. Don't expect that $1000 price in the past. If you want to invest in BTC go for profits whatever the value is. Learn to buy when the price is in dip situation. One tip, you can summarize all weekly volume to have your own fearless forecast about the upcoming trend. Reading traders speculation might help too.

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November 13, 2015, 10:58:24 AM
 #305

To me I can say that it is a good way to kick start your investment journey. At times, it is always very difficult for one to be able to invest a large amount of coins at once. Therefore given an opportunity to start investing with the little you have will be a better version. After a long time, you will discover that you have invested and accumulated a lot of coins to an extend you cant believe it. The other reason I can say it is worth it is because, bitcoins are always expensive due to their involved mining process, therefore saying that you will buy lots of them will be a little bit difficult.

Well said there.

In bitcoin investment, one great recipe here is to have a patience. Bitcoin price really drops but right now with the current status of it, it is difficult to imagine that Bitcoin today will crash very soon. So just buy when it dip. You can't see the profit and output quickly but it's a sure thing for a long term. Last rally, I see some traders who buy when it reach to $280 (that's a high price back then last month) but think twice if they will sell it @ 350 since no one is expecting a 400 mark. Then the price reach 500 then slowly go down That's the time they execute their dump move to make profit. Some didn't rush to sell so they make profit.

Patience really must.

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yenxz
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November 13, 2015, 01:03:40 PM
 #306

depending on consistency,bitcoin price is unpredictable,because of that i suggest you to dont invest it. lets see more news on this year,about what happen on bitcoin..
HilbillyFred
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November 13, 2015, 01:44:12 PM
 #307

Is Never safe xD Just buy BTC with your Extra money.

Than wait if it increase .

If it increase and you like it buy more. But its your money so yeah.
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November 13, 2015, 01:52:52 PM
 #308

It's good to consider that investing a large amount of Bitcoin will involve risks. It can either go up or go down in price, if you're worried about safety then you might be concern about the actual value of your 1BTC now when compared to the future. It's always smart to invest only so much amount that you're willing to lose. But yes, someday I'm sure your Bitcoins will grow in value.
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November 13, 2015, 02:25:26 PM
 #309

It's good to consider that investing a large amount of Bitcoin will involve risks. It can either go up or go down in price, if you're worried about safety then you might be concern about the actual value of your 1BTC now when compared to the future. It's always smart to invest only so much amount that you're willing to lose. But yes, someday I'm sure your Bitcoins will grow in value.
I totally agree with you. The halving is coming in 30 somethign weeks LOL it's good to buy some before the halving as the price will go up soon
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November 13, 2015, 02:35:50 PM
 #310

It's good to consider that investing a large amount of Bitcoin will involve risks. It can either go up or go down in price, if you're worried about safety then you might be concern about the actual value of your 1BTC now when compared to the future. It's always smart to invest only so much amount that you're willing to lose. But yes, someday I'm sure your Bitcoins will grow in value.
I totally agree with you. The halving is coming in 30 somethign weeks LOL it's good to buy some before the halving as the price will go up soon

I will share one of the traders speculation about the upcoming dip:

Expect more dump this coming Christmas season as people, like always, spreading out money during this season of greetings. The effect will be lower price. So it's better to wait for about a month before doing a big buy.

Like I said, it's a speculation.

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zodiac3011
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November 13, 2015, 02:55:58 PM
 #311

It's good to consider that investing a large amount of Bitcoin will involve risks. It can either go up or go down in price, if you're worried about safety then you might be concern about the actual value of your 1BTC now when compared to the future. It's always smart to invest only so much amount that you're willing to lose. But yes, someday I'm sure your Bitcoins will grow in value.
I totally agree with you. The halving is coming in 30 somethign weeks LOL it's good to buy some before the halving as the price will go up soon

I will share one of the traders speculation about the upcoming dip:

Expect more dump this coming Christmas season as people, like always, spreading out money during this season of greetings. The effect will be lower price. So it's better to wait for about a month before doing a big buy.

Like I said, it's a speculation.
That's quite common for holiday seasons. But long-term that doesn't really matter. I think you should buy it after christmas a little bit just like the speculation if you want to make some more when the halving occurs
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November 13, 2015, 03:06:08 PM
 #312

It's good to consider that investing a large amount of Bitcoin will involve risks. It can either go up or go down in price, if you're worried about safety then you might be concern about the actual value of your 1BTC now when compared to the future. It's always smart to invest only so much amount that you're willing to lose. But yes, someday I'm sure your Bitcoins will grow in value.
I totally agree with you. The halving is coming in 30 somethign weeks LOL it's good to buy some before the halving as the price will go up soon

I will share one of the traders speculation about the upcoming dip:

Expect more dump this coming Christmas season as people, like always, spreading out money during this season of greetings. The effect will be lower price. So it's better to wait for about a month before doing a big buy.

Like I said, it's a speculation.
That's quite common for holiday seasons. But long-term that doesn't really matter. I think you should buy it after christmas a little bit just like the speculation if you want to make some more when the halving occurs

May I have/know your basis sir just for reference. All speculations must have basis because just speculating will not help.

After Christmas up to New Year, I see prices will boost so much better to buy at dip. This speculation has basis. I will show it once we reached December up to second week. Right now Im trying to determined the dip range of the price. Candlesticks showing me a same volume of pump and dump. Let's see what will happen in the upcoming weeks.

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November 16, 2015, 09:28:15 PM
 #313

It's good to consider that investing a large amount of Bitcoin will involve risks. It can either go up or go down in price, if you're worried about safety then you might be concern about the actual value of your 1BTC now when compared to the future. It's always smart to invest only so much amount that you're willing to lose. But yes, someday I'm sure your Bitcoins will grow in value.
I totally agree with you. The halving is coming in 30 somethign weeks LOL it's good to buy some before the halving as the price will go up soon

I will share one of the traders speculation about the upcoming dip:

Expect more dump this coming Christmas season as people, like always, spreading out money during this season of greetings. The effect will be lower price. So it's better to wait for about a month before doing a big buy.

Like I said, it's a speculation.
That's quite common for holiday seasons. But long-term that doesn't really matter. I think you should buy it after christmas a little bit just like the speculation if you want to make some more when the halving occurs

During Christmas always prices falling, and not only BTC but on all markets. And this is a good time for shopping Wink However, the price of Bitcoin around $ 300 in my opinion is good for long term investment.
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November 17, 2015, 05:19:44 PM
 #314

If you are willing to buy i suggest you not to wait as i doubt you will get bitcoin at around 300 by the start of the next year due to upcoming halving.

 
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manselr
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November 17, 2015, 06:18:07 PM
 #315

It's good to consider that investing a large amount of Bitcoin will involve risks. It can either go up or go down in price, if you're worried about safety then you might be concern about the actual value of your 1BTC now when compared to the future. It's always smart to invest only so much amount that you're willing to lose. But yes, someday I'm sure your Bitcoins will grow in value.
I totally agree with you. The halving is coming in 30 somethign weeks LOL it's good to buy some before the halving as the price will go up soon

I will share one of the traders speculation about the upcoming dip:

Expect more dump this coming Christmas season as people, like always, spreading out money during this season of greetings. The effect will be lower price. So it's better to wait for about a month before doing a big buy.

Like I said, it's a speculation.
That's quite common for holiday seasons. But long-term that doesn't really matter. I think you should buy it after christmas a little bit just like the speculation if you want to make some more when the halving occurs

During Christmas always prices falling, and not only BTC but on all markets. And this is a good time for shopping Wink However, the price of Bitcoin around $ 300 in my opinion is good for long term investment.

Let's see how Bitcoin holds during actual xmas, we are still in november, im waiting to see how the fundamentals are looking in the mid of december to take a choice. I will for granted buy more BTC if we experience a dip.
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November 18, 2015, 12:26:22 AM
 #316

I am afraid btc will hang here around 300-330 for a bit and consolidate otherwise I would buy - if it goes back under 300 im buying though



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November 18, 2015, 12:31:44 AM
 #317

do what i have done over the last 2 years buy a little every month, say $20 or what ever you can afford and in the long term it averages out (sometimes you buy high, some times you buy low)  never speand more than you can afford.  If it goes bust then so what you lost a little in a educated investment which didnt pay off, but if it pays off which i believe it will in the next 10 years then it was a small price to pay....... all the best  

some times i find myself saying "well its up by $40 this month so mybe i'll hold on and buy on the dips"  but to be honest i believe that the future of bitcoin is in the thousands, so even at current prices its a bargin.  IN MY HUMBLE OPINION......... Smiley
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November 18, 2015, 01:03:42 AM
 #318


Let's see how Bitcoin holds during actual xmas, we are still in november, im waiting to see how the fundamentals are looking in the mid of december to take a choice. I will for granted buy more BTC if we experience a dip.

Yeah. Im waiting for an output too next month. I want to see how low the price will be on season of givings or will the price sustained its support even more dumps are expected. Im waiting for a sudden dip. I dont want to missed that.

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Denker
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November 18, 2015, 12:22:23 PM
 #319

I am afraid btc will hang here around 300-330 for a bit and consolidate otherwise I would buy - if it goes back under 300 im buying though

We already have consolidated.Remember the spike at $500 not that long ago?
And if the price goes below $300 it will be just for a very short time during christmans vacation.In new year we will go up.But not sure how much.At least this is my prediction how things could go the next weeks.
AsaroUk
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November 18, 2015, 04:19:03 PM
 #320

It's good to consider that investing a large amount of Bitcoin will involve risks. It can either go up or go down in price, if you're worried about safety then you might be concern about the actual value of your 1BTC now when compared to the future. It's always smart to invest only so much amount that you're willing to lose. But yes, someday I'm sure your Bitcoins will grow in value.
I totally agree with you. The halving is coming in 30 somethign weeks LOL it's good to buy some before the halving as the price will go up soon

I will share one of the traders speculation about the upcoming dip:

Expect more dump this coming Christmas season as people, like always, spreading out money during this season of greetings. The effect will be lower price. So it's better to wait for about a month before doing a big buy.

Like I said, it's a speculation.

I'd be okay with that. I wouldn't mind it. It would give me a chance to buy more.

I'm looking to do this for a long term so I'm trying to get as much as I can
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