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HarryKPeters
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December 26, 2015, 09:18:58 PM |
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On a 1 year term it would be a good investment in my eyes, but if you go for some heavy price action you could become very dissapointed.
So make a risk assesment and then determine if that's ok for you.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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wikenpp
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December 26, 2015, 09:36:28 PM |
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Some may say it is risky and they are right.
But if you compare buying 1 bitcoin with the risk of buying stocks, i would go for the bitcoin investment.
It's way more transparent then most companies.
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bitlancr
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December 27, 2015, 09:12:02 PM |
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My guess the price will double every 2 years from now. So your bitcoin would be worth 800 USD in 2 years. Else you have to take a 300 USD profit, sorry  |
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Newcoins2020
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December 27, 2015, 10:03:53 PM |
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The moment you buy and hold there is some nice profit to be made.
But you have to be patient and not get lured into panic selling. This way the best investment can become your worst investment.
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bit1
Legendary
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Activity: 938
Merit: 1000
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December 27, 2015, 10:20:20 PM |
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800 usd at least on next December 2016, No less.
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Yakamoto
Legendary
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Activity: 1218
Merit: 1007
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December 27, 2015, 10:33:22 PM |
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800 usd at least on next December 2016, No less.
I say that is a very optimistic price for next year at this time, but I won't disagree with you. Things like that have happened before, and we're still in the middle of a bull market right now, so it is entirely possible for Bitcoin to reach $800 in a years time. |
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Gloober
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December 27, 2015, 10:35:07 PM |
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It's not safe at all. Bitcoin is very unpredictable, you never know what will happen to the value of bitcoin.
It's a chance and risks you take though. Don't invest into something when you can't afford to lose.
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Shinpako09
Legendary
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Activity: 1988
Merit: 1015
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December 27, 2015, 11:27:17 PM |
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1 btc is too small i know its very hard to earn 1btc but if your keeping bitcoin and waiting for price increase buy atleast 10-20btc.
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mixan
Legendary
Offline
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
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December 27, 2015, 11:39:45 PM |
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Now is not the time to buy as it dropping really fast. Wasn't it around $50 more last week?
When it comes to times like this it is better to sell then to buy. It is not a good time right after holidays anyways. Everybody is coming off a lull of eating and drinking too much. They don't make such good decisions in this state.
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The parasite hates three things: free markets, free will, and free men.
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isvicre
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December 27, 2015, 11:40:13 PM |
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It's always good to have 1 BTC, but it's better to have 10 BTC and it's perfect to have 100 BTC. Even if you play trading in market for short-term you have to save some coins for long-term because it's too unpredictable and price'll go a lot more we wouldn't even expected.
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stromma44
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December 29, 2015, 10:20:57 PM |
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It's always good to have 1 BTC, but it's better to have 10 BTC and it's perfect to have 100 BTC. Even if you play trading in market for short-term you have to save some coins for long-term because it's too unpredictable and price'll go a lot more we wouldn't even expected.
That is true but looking at the inflation rate across the globe I don't think that 1 btc can serve the purpose I believe you should hold more than 1 btc for the better and safe future as we don't know what would be the exact value of bitcoin in future either it would reach the moon or simply disappear. |
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Bitcoinbro
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December 29, 2015, 10:22:56 PM |
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I believe it's the right moment if you look for future gains.
Sure the price can do down the next weeks, but when we are talking about years, there is so much potential and chance for profit offcourse.
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Zaun
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December 29, 2015, 10:40:14 PM |
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Buying today is risky since the price could go back to 300 dollar if we break the 400 dollar barrier.
I for one would wait and see what will happen to the price in january.
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Clint
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December 29, 2015, 10:56:41 PM |
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1 btc is a reasonable amount to buy as an small investment or just to keep. I think btc is going to the right direction, it will be in the future. And 1 btc is not a really huge amount, so you don't need to worry that much if the price goes down. In terms of safety, I think its safe, price won't fluctuate that much.
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tommypug
Member
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Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
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December 29, 2015, 11:00:42 PM |
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I would wait for a price drop before buying, I never buy when the price is going up.
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HarryKPeters
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December 29, 2015, 11:07:35 PM |
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I would buy bitcoin when they will be cheaper then 400 USD.
But if you buy on a 4-5 year term it would be a good moment to step in, instead of waiting the price will or will not go below 400 USD.
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Sourgummies
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December 30, 2015, 02:22:30 AM |
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1 BTC could be a good long-term investment, but you should also consider trying out trading with the price changes and such. It could be fun to play around with the market and see what you're capable of. You could also invest the 1 BTC into some other things.
Buying it to hold, I only see future rise.
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avw1982
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December 30, 2015, 02:59:50 AM |
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1 BTC could be a good long-term investment, but you should also consider trying out trading with the price changes and such. It could be fun to play around with the market and see what you're capable of. You could also invest the 1 BTC into some other things.
Buying it to hold, I only see future rise.
Yeah holding bitcoin in future is very good tactic. Because currently we getting for 1 btc around 400$ but if you see the bitcoin value after 20 years. It price will around 10000 USD. |
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hawkins
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December 30, 2015, 04:10:15 AM |
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for now I do not think the time is right, soon the turn of the year, so people may be harvested all the investment in preparation for the new year  |
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Supercrypt
Legendary
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Activity: 1554
Merit: 1054
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December 30, 2015, 06:17:09 AM |
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for now I do not think the time is right, soon the turn of the year, so people may be harvested all the investment in preparation for the new year But it is not the right time to harvest your bitcoin investments. Even in next year, there are lot of possibilities for one bitcoin would be turned into worth of $10k. So, cashing out your bitcoin for the new year celebrations may end up in regret later. |
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