Anmol_Verma
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Activity: 112
Merit: 10
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October 10, 2015, 02:00:37 AM |
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Nothing is safe mate you should no your limit and buy accordingly as bitcoin is a bubble and can burst anytime so don't buy more then you can afford to lose.
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bitbaby
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October 10, 2015, 02:04:16 AM |
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Nothing is safe, it only matters what you believe in, read more about Bitcoin, what's happening with it, is there a scope for it in future, do your research and then make your decision if you want to buy it or not, people buy gold everyday, I don't, maybe because I don't feel it's a safe investment, but I do buy Bitcoins and I think it's safe. But just because I feel that doesn't mean you should too, don't make your investment decisions based on what others tell you on the internet and let this thread/survey be only a part of your research.
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acroman08
Legendary
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Activity: 2478
Merit: 1107
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October 10, 2015, 02:48:09 AM |
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How safe is it?
Safe? It depends. But in 2016 your btc will surely have a Profit because of the coming halving.
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Denker
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Merit: 1016
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October 10, 2015, 11:12:19 AM |
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How safe is it?
No one can give you a clear answer for that as we all can not predict the future. But IF Bitcoin should make it's breakthrough I believe it will be worth a really nice amount.I'm talking about several thousands to tens of thousands of dollars in mid-long term. So my personal opinion is that today buying 1 BTC for $240s could be definitely worth it if you have patience and believe in the tech.
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Sir_lagsalot
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October 10, 2015, 12:28:13 PM |
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Buy about five bitcoin, buy a hard drive, store your bitcoin on it, and forget about it. Come back 20 years later and youre rich, or you've lost money that was spent so long ago that you don't even care anymore.
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jt byte
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October 10, 2015, 01:36:14 PM |
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How safe is it?
Safe? It depends. But in 2016 your btc will surely have a Profit because of the coming halving. I believe too that the price will change but not much. Based on the last halving period there wasnt any increase of the price. So i don't think that you can make a good profit by the next halving.
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Zawamiya
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October 10, 2015, 01:59:15 PM |
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How safe is it?
IMO investing in bitcoin at current price is a good investment for future if you want to invest for long term not just few days within a year we can see 100%-350% growth that is good return(this is my personal opinion)
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Amph
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Merit: 1070
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October 10, 2015, 02:17:45 PM |
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i would say yes. reason being that after the halving happens next year, the supply should decrease quite significantly and your btc would be worth alot more than it is today (~240usd).
That's a common misconception. The supply is currently increasing at a rate of about 10% per year. After the halving next year, the supply will continue to increase at the rate of about 5% per year. this would be not important anymore in two halving, becase the remaining amount of coins would be not significant anymore and to reverse the same numbers of coins in the market as today, miners would need to dump for decades i would invest in 1 btc if this is what you want OP, at best you could lose 240, but the gain if everything will be right, is enormous
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Cointoli
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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October 10, 2015, 02:25:25 PM |
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It depends on your idea about bitcoin in the long term. If you believe in it, buy it.
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Mickeyb
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October 10, 2015, 03:50:01 PM |
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How safe is it?
There is about 50% chances that Bitcoin will make it and about 50% that it won't in my opinion. These are pretty good chances in my opinion. If it makes big, even 1 BTC will be enough to make a change in your life. If you live in a Western world country then $240 won't change your life at all if you lose it. In this case, go ahead and buy it. If you live in 3rd world country where $240 is monthly salary or even more, than you think about how bad you need money and can you take such a hit if Bitcoin goes down to 0 one day and you lose your investment.
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Sourgummies
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October 10, 2015, 03:53:14 PM |
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There's no guarantee of safety in an investment of 1 BTC today - all investments hold some sort of risk, but you can hope to be able to hold it and have the price increase.
Bitcoin, as previously stated, IS volatile, but hopefully when there's block halving the price will go up.
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sempak
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October 10, 2015, 03:53:42 PM |
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I think buying BTC is no time. you just have to think about whether to invest try or fully here.
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jt byte
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October 10, 2015, 06:54:20 PM |
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If you have no other option to invest anywhere then investing in bitcoins should be a good alternative.
Start with 1BTC and time by time you will understand its value and i think that you will invest more and more.
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qiwoman2
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Oikos.cash | Decentralized Finance on Tron
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October 11, 2015, 08:52:52 AM |
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I think if you have money to spare why not? Every investment carries its risks and if you are averse to risk taking then don't bother. I would only buy if I had the guts to take risks and I am a person who takes calculated risks. I like to earn bitcoin as well so that takes up my time but I get bitcoin for my time as well, so even better..
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erikalui
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October 11, 2015, 11:15:08 AM |
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It would be risky to buy 1 BTC today but it's a good long term investment. Currently the price of 1 BTC = $246 which is pretty low and going by the price chart for the past 1 year, the BTC price has reached $310 which is an amount you can set to withdraw the profit of $64. However, I cannot advise you to hold your bitcoins for more than a year as I myself don't hold coins for so long.
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StevenLiang
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October 11, 2015, 02:47:53 PM |
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I think it is safe, if you have a lot saving.
Buy 1 BTC and think that as diamond, don't sell it too fast.
That's for long term investment right?
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Nahl
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October 11, 2015, 05:23:43 PM |
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How safe is it?
if your questions about safe or not i would say yes it pretty safe i think even for a long term but there is no guarantee if you will get the profit from it because we all know bitcoin price is very unpredictable
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coinplus
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October 11, 2015, 06:24:30 PM |
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Buying bitcoin is good thing in my view. If you are ready to buy bitcoin means do not delay, act fast. Even price go down you can make another purchase there to get a better average price. Buying bitcoin will help yourself as well as the bitcoin community. A long term investment will make bitcoin into moon.
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jt byte
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October 11, 2015, 07:22:32 PM |
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I think it is safe, if you have a lot saving.
Buy 1 BTC and think that as diamond, don't sell it too fast.
That's for long term investment right?
Even if the price doubles(which for sure maybe will not happen) There is no such a good profit just for 1 BTC if you think for long-term. At least 100 BTC will make a good change(profit) in the next few years.
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gentlemand
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Welt Am Draht
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October 11, 2015, 11:14:27 PM Last edit: October 11, 2015, 11:52:58 PM by gentlemand |
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Even if the price doubles(which for sure maybe will not happen) There is no such a good profit just for 1BTC if you think for long-term. At least 100BTC will make a good change(profit) in the next few years.
There ain't too many folks with $25,000 or so to park on an extreme bet for the future. Overall though you're right. One coin is unlikely to be life changing before you're back in nappies.
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