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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253316 times)
ivanst776
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December 19, 2015, 02:29:14 PM
 #581

If for few years is considered as long term then yeah it worth buying 1 bitcoin today even though it is not a cheap price.
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richardsNY
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December 19, 2015, 02:31:48 PM
 #582

Please elaborate on which time perspective. There is a different scenario for every different time frames.

1 week, 1 month, 1 year, 10 years?
1 week > risky
1 month > less risky
1 year > BUY
10 years > STRONG BUY

I do kinda agree with how you think about the future. I consider even holding for 1 year to be a very strong buy. The block halving will do its work and make the price reach possibly a new ATH in 2016.
Pattart
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December 19, 2015, 03:24:39 PM
 #583

of course, i think more than 1 btc is better
BruceLee007
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December 19, 2015, 03:48:10 PM
 #584

it is a good investment to do in my opinion though you cant expect to become very rich from such a small buying or if it would possibly happen that you would become very rich you would need to wait a few decades in my opinion so its better to buy as much as possible now
Slark
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December 19, 2015, 03:52:52 PM
 #585

I will put it that way - we don't have idea how bitcoin will scale in the future, but judging from bitcoin's short history - future could be even more extraordinary.
It would be fooling to pass that opportunity, even if you have money for one bitcoin and you don't want to do anything with it now - buy it, store it and forget about it.
In 10 years your bitcoin could be worth $10.000 or even more, it also could be worthless. But it is worth the risk.
black9898
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December 19, 2015, 05:48:32 PM
 #586

Please elaborate on which time perspective. There is a different scenario for every different time frames.

1 week, 1 month, 1 year, 10 years?
1 week > risky
1 month > less risky
1 year > BUY
10 years > STRONG BUY

What i think about Bitcoin you said this analysis i egree with you .
Pab
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December 19, 2015, 05:56:37 PM
 #587

Btc is still  very risky,I think we will see 600$ next year.But risk will always remain

 
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knowhow
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December 19, 2015, 07:58:14 PM
 #588

I wouldnt buy a bitcoin now because all expecting it to reach a bigger value but what may happen is a big drop and once again several people crying and saying bitcoin were the worse thing they had done,there is no bases to bitcoin being worth the value it has todays since last two months we were at 180 -300 dollars searching for stability,trading daily as the price up and down should be the way to go if wanna to buy.
dothebeats
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December 19, 2015, 08:18:16 PM
 #589

Been buyung for over a year now and made considerable gains all throughout this year. It's a good investment if you plan to hold on for long term and not for only a couple of months. There is a lot of money to be gained in btc and putting some of your extra idle money in it is not a bad idea at all.

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Pollak
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December 19, 2015, 09:38:07 PM
 #590

If you like earning money by profiting on just a simple buy transaction then yes buy as fast as you can becaues the price of bitcoin will be much higher then the current price.

Just compare bitcoin to other investments and see the benefits..

tn211
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December 19, 2015, 10:07:47 PM
 #591

To me it is. Sure the price is a little high now but in the future it will be worth at least 1k.
Optimistic people even expect it ot be 2k...
HarryKPeters
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December 19, 2015, 10:14:20 PM
 #592

Sure it is a good investment.

Just make sure to don't panic buy. As stated by others the price is actually very high now, I would buy around the 380 area. Not above this price.

Just 1 panic dumping and you can lose a lot of your money.

randy8777
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December 19, 2015, 11:11:57 PM
 #593

Sure it is a good investment.

Just make sure to don't panic buy. As stated by others the price is actually very high now, I would buy around the 380 area. Not above this price.

Just 1 panic dumping and you can lose a lot of your money.

as long as people don't sell their coins, they don't lose anything. if they see the price go down significantly, and then they sell. yes, then they are indeed making a loss.
Newcoins2020
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December 20, 2015, 01:49:30 PM
 #594

I don't feel comfortable buying at this value, but every year Bitcoin price has been increasing so far so you should be ok if you are willing to hold for some time. Also many users here will tell you that with the halving happening next year the price will double in the next upcoming months.

I don't bitcoin will go any lower than $350 at this point. If you can you could buy now. I'm certain that bitcoin will reach $1000 next year and you'll still be able to make profits. If you don't buy now you might miss out on profits made from bitcoin right now. If you own bitcoins right now, I'd say to just hold for now. Investing in bitcoin for 10+ years is always a good thing to do, especially if you can afford it right now.
zodiac3011
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December 20, 2015, 02:40:54 PM
 #595

Please elaborate on which time perspective. There is a different scenario for every different time frames.

1 week, 1 month, 1 year, 10 years?
1 week > risky
1 month > less risky
1 year > BUY
10 years > STRONG BUY
Well I think that 10 years is hard to say. the mining reward by then has reduced a lot which can cause the bitcoin supply everyday got lowered and the fees will raise. 5 years is recommended to buy I think and I agree that 1 week is really risky
HarryKPeters
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December 20, 2015, 03:02:10 PM
 #596

For me 10 years is a buy too. It's almost impossible to see bitcoin worth less then 450 USD in such a long time period.

I wouldn't be surprised if the price would be in the 3k region.

Altynbekova
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December 20, 2015, 03:04:30 PM
 #597

Buying a little lower (around 400 dollar) would be good so you can profit much more. Suppose you buy 10 bitcoins and the prices goes up to 2k. Then you will earn 500 dollar extra just on buying a week/few weeks later right.
zodiac3011
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December 20, 2015, 03:20:54 PM
 #598

Buying a little lower (around 400 dollar) would be good so you can profit much more. Suppose you buy 10 bitcoins and the prices goes up to 2k. Then you will earn 500 dollar extra just on buying a week/few weeks later right.
the problem is where to buy bitcoin at $400 at the moment? and 2k after a week/few weeks? that seems even out of my imagination Grin but it's almost time to buy now! Bitcoin price is dropping
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December 22, 2015, 12:08:19 AM
 #599

My personal idea is everytime is suitable for to buy only 1 Bitcoin
Luqman
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December 22, 2015, 12:20:17 AM
 #600

If planned to buy a huge a mount of bitcoin then you should wait until the price will drop, because Im sure bitcoin price will drop before block halving happen.
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