rychallenge
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October 11, 2015, 11:35:47 PM |
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halving in 41 weeks will be make or break of bitcoin if price doubles (which should) then your investment is worth it if price do not double...miner stop mining, no longer profitable, bitcoin will suffer.
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klf
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October 12, 2015, 01:36:21 AM |
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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. I think instead of putting all your money on only one investment better you diversify into few places to reduce your investment risks. 100 BTC is not a small investment for every one so I don't suggest one to put so much money on bitcoins just for investment purpose instead put some in gold, property and share markets as well.
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rokkyroad
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October 12, 2015, 01:44:21 AM |
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At these prices everyone should own ONE bitcoin whether they believe in it or not.
Someone, earlier, compared btc to a diamond. Save it. Treasure it. It could be worth a fortune in years to come or you lose $248.
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" If you have to spam and shout to justify your existence then you are a shit coin." TaunSew
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jaysabi
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October 12, 2015, 02:59:27 AM |
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It seems like the fortunes in bitcoin were made long before any of us heard about it. The early adopters, who were mining bitcoin when it was super easy and when bitcoin was worth mere pennies, are the ones who benefited from bitcoin's rise in popularity. It's unlikely we will see that level of increase in usage again. The currency isn't even the biggest benefit to the world, the blockchain technology will have a far larger impact. People "investing" in bitcoin for the long term are just gambling on a commodity. You'd be better off investing in a business that produces income.
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bajing
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October 12, 2015, 03:52:10 AM |
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no! seems price will down soon, just wait you can get cheap price more than now. IMO before end of this year trader will dumb price to get benefit in halving block size
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NorrisK
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October 12, 2015, 06:47:23 AM |
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halving in 41 weeks will be make or break of bitcoin if price doubles (which should) then your investment is worth it if price do not double...miner stop mining, no longer profitable, bitcoin will suffer.
How on earth do you think price should double on block halving? Bitcoin does not excist to please the miners... It is not there to keep their profits at the same level when blocks halve.. Supply will not halve, therefore the effect of the halving will be minimal. Potentially the selling pressure may be reduced, but that would only be if most coins were sold at the moment, which is not happening.
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Franciem
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October 12, 2015, 08:57:07 AM |
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How safe is it?
this time is good for long term investment to buy 1 BTC now price only <$250 and very high chance to hit $500 again
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bitgolden
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October 12, 2015, 09:04:28 AM |
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How safe is it?
this time is good for long term investment to buy 1 BTC now price only <$250 and very high chance to hit $500 again Yes. Good time to enter bitcoin world. For a long term investor, all the prices are good and definitely will fetch some good profits with regard to bitcoin investment. Bitcoin will grow over time and we can expect some multiply of our investment in long term. Patience always pays.
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jaberwock
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October 12, 2015, 09:28:02 AM |
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If you can afford, do it.
I think now is better than when news about BTC are in all newspapers and everyone is talking about how lucrative BTC investing has been.
Of course you can always lose money or don't get the returns you want
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TastyChillySauce00
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October 12, 2015, 11:27:01 AM |
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its good for long term because bitcoin still in lowest price point , but bitcoin can't that easily predicted, so , no warranty, but i highly reccomend to invest on bitcoin today
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HeroCat
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October 12, 2015, 03:41:34 PM |
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1 BTC is not so much, so with time your profit can be small
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3Coins
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October 12, 2015, 03:43:04 PM |
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maybe 0.1BTC divided into 10 purchases. who knows if price of btc is lower next day than today, so wont be sorry you bought 1 btc today
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eternalgloom
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October 12, 2015, 06:10:56 PM |
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Investing in just one bitcoin wouldn't give you much profit I'm afraid. I'd say you'd have to invest in buying at least 50 - 100 BTC.
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faridkifly
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October 13, 2015, 01:10:47 AM |
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i think its not good to buy 1 btc now because i think the rate is unstable now
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Franciem
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Real power doesnt hit hard,but right to the target
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October 13, 2015, 01:16:56 AM |
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How safe is it?
this time is good for long term investment to buy 1 BTC now price only <$250 and very high chance to hit $500 again Yes. Good time to enter bitcoin world. For a long term investor, all the prices are good and definitely will fetch some good profits with regard to bitcoin investment. Bitcoin will grow over time and we can expect some multiply of our investment in long term. Patience always pays. right it, hold bitcoin is better chooice don't invest at ponzi scheme, and don't try invest at cloudmining, because 99% cloud mining use fake hashrate
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Blue_Tiger73
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October 13, 2015, 08:00:05 AM |
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It's a bit safe even though Bitcoin is still quite volatile but I think that buying bitcoin is a good investment. It's a risk that has a high reward or a high loss, but I am willing to take the chance to earn more money. Like they say, No risk No reward.
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acquafredda
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October 13, 2015, 08:09:47 AM |
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At these prices everyone should own ONE bitcoin whether they believe in it or not.
Someone, earlier, compared btc to a diamond. Save it. Treasure it. It could be worth a fortune in years to come or you lose $248.
Yes, I agree! I will definitely own at least 1 BTC right now. And I'm doing it. I'm only worried about the fact that BTC exchanges can easily manipulate the price. That's my biggest concern.
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Djisamsoe
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October 13, 2015, 10:22:47 AM |
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i dont think that is a good idea
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Q7
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October 13, 2015, 02:53:09 PM |
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Fact is you don't have to rush into things. I suggest you find out more about bitcoin and the benefits that it offers and then only decide for yourself. Most of the time, we often get dissapointed if you treat bitcoin solely as an investment or another get rich quick scheme. It's never meant for that.
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gentlemand
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October 13, 2015, 05:30:09 PM |
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I'm only worried about the fact that BTC exchanges can easily manipulate the price. That's my biggest concern.
That's slowly being addressed with 'proper' exchanges like Gemini. I think they'll have to work harder to wean folks off dodgy exchanges with ridiculous leverage though. Secretly plenty of people will rather miss the outrageous manipulation. There was money to be made in all directions.
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