StarofBTC
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October 23, 2015, 07:41:36 AM |
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How safe is it?
right now its not a safe time to buy bitcoin as bitcoin is going to to the moon..rite now rate is around 281$-285$....i think bitcoin willl drop after that ...so buy at that time when price dropsss...
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n2004al
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October 23, 2015, 09:10:55 AM |
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How safe is it?
right now its not a safe time to buy bitcoin as bitcoin is going to to the moon..rite now rate is around 281$-285$.... i think bitcoin willl drop after that ...so buy at that time when price dropsss... You must not think that. Even if this decrease can become true. You must think that the prize will continue its actual trend and will go higher. This is what is waited by everyone, Even by you. If you and all we which have to do with bitcoin are pessimist the price will go down for sure. If we all will want that the price go high so it will be. Leaving away the jokes why the price will go again down? Because has do the same thing all this year (up and down)? But if this time will be the right time? The halving is near and the people hope (lets tell "know") that the price (with much probability) will go high. So all are buying bitcoins. This mean increase of the demand. With the same amount of bitcoins (or better the same flow of bitcoins) in the market normally the price will increase. Why don't believe this situation?
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Amph
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October 23, 2015, 10:36:54 AM |
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How safe is it?
right now its not a safe time to buy bitcoin as bitcoin is going to to the moon..rite now rate is around 281$-285$....i think bitcoin willl drop after that ...so buy at that time when price dropsss... what? if bitcoin is going to the moon, you have a valid reason to invest now, right now it's the perfect time to invest, there were no falls under 230, so at best you will lose 40-50 for every btc not a big loss, but the gain could be enormous risk/reward ratio is more toward the reward
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Betwrong
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October 23, 2015, 10:46:57 AM |
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How safe is it?
I'd say no investment is 100% safe. However, investing in Bitcoin today, meaning long term investment, is a pretty safe thing IMO. It was said many times on this forum, and I agree with this too, that by summer 2016 Bitcoin will around $500. And IMO Bitcoin will be arouind $1k in 5 years.
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harizen
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October 23, 2015, 12:26:55 PM |
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How safe is it?
I'd say no investment is 100% safe. However, investing in Bitcoin today, meaning long term investment, is a pretty safe thing IMO. It was said many times on this forum, and I agree with this too, that by summer 2016 Bitcoin will around $500. And IMO Bitcoin will be arouind $1k in 5 years. And I will add, even there is not 100% safe investment, investment in bitcoin today has a high possibility of making a profit than investing in an investment site. You are not investing your money to a company owner or ponzi thing here. All result will based on bitcoin price movement in the stock exchange.
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jt byte
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October 23, 2015, 01:27:05 PM |
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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. Well the higher the amount needed the higher the risk. And there are less people with this kind of cash money to invest in. But in generally 1 BTC is just too little to except a good profit.
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jonatuzc
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October 23, 2015, 02:20:16 PM |
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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. Well the higher the amount needed the higher the risk. And there are less people with this kind of cash money to invest in. But in generally 1 BTC is just too little to except a good profit. May be 1 BTC is a very little but if you ready to wait for more time like till your retirement then bitcoin would be best investment.
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richardsNY
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October 23, 2015, 05:04:56 PM |
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If long term means at least 5 years according to you, then yes.
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USB-S
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October 23, 2015, 07:20:14 PM |
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we're currently in hoarding phase in bitcoin, so collect all you can, while you can. a whole bitcoin is rare in the future.
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DiamondCardz
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October 24, 2015, 04:46:38 PM |
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I mean, it's not safe, it's still a speculative investment. If you believe it's going to go up over time like a large portion of bitcointalk does, then you should buy all at once and not try to "time the market", just as with a regular stock market. Or if you're scared, dollar cost average it and buy portions over time to get a good average price. Though buying a lump sum all at once has been shown to usually outperform dollar cost averaging.
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Alicia96
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October 24, 2015, 04:59:43 PM |
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I would wait till the price goes down some then invest long term .
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Snorek
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October 24, 2015, 07:03:11 PM |
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There will be so many opinions on when and how to invest money in bitcoin that you don't really want to listen to anyone. You need to know your budget , how much you can to invest, and how long you can wait with your bitcoin for price rise.
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Amph
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October 25, 2015, 07:36:35 AM |
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I would wait till the price goes down some then invest long term .
well you're already losing 60 per btc right now, the price went from 230 to 290 today so it's a big loss already, for someone that was willing to buy many bitcoin prior this pump
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Mickeyb
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October 25, 2015, 10:58:47 AM |
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I would wait till the price goes down some then invest long term .
well you're already losing 60 per btc right now, the price went from 230 to 290 today so it's a big loss already, for someone that was willing to buy many bitcoin prior this pump Yes, but what if we go to $350 in 2 weeks? Then this will be an even bigger loss than only $60 at the moment! This is all just a prediction game and in the short-term really nobody knows! The best is to concentrate long-term and long-term we will go only in one direction and that's up! If one thinks like this than buying even now is a great deal!
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MissionPhailed
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October 25, 2015, 11:47:06 AM |
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I'd say its an investment with relative low risks as the outlooks are rather positive (block halving, EU position regarding BTC) but there aren't guarantees afcourse. I've invested a small amount ($100) into BTC though I'm rather phobic of taking risks.
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BitcoinCounty
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October 25, 2015, 12:26:53 PM |
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It is a good investment to buy 1 bitcoin now. There will less than 14 million people owning more than 1 bitcoin. if bitcoin is in every day use, the price will be high.
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harizen
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October 25, 2015, 12:37:49 PM |
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All investments are "what if" so take a risk and give it a try.
Investing in bitcoin "today" is much better if you will do it today.
For those non bitcoin believers, they will say the "what if" portion again of why if the price goes down, same with believers what if the price go up? If you are really to make investment in bitcoin show your asses and don't just focus on negative speculation. If you are not sure then forget buying btc's today. Just it. No one is forcing you to do investment in bitcoin today.
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DiamondCardz
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October 25, 2015, 01:37:58 PM |
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Investing in bitcoin "today" is much better if you will do it today.
That is true if you believe that bitcoin is going to tend upwards in the long-term. It's almost always a better idea to just go ahead and put your money into a commodity or a market that tends upwards over time, rather than trying to time the market which usually means you get left out.
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BA Computer Science, University of Oxford Dissertation was about threat modelling on distributed ledgers.
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smith coins
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October 25, 2015, 02:39:24 PM |
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For only 8 days the price of bitcoin has been changes too much. Current price is $293 and i think 1btc is enough to earn at least $20 weekly. But if you can try to invest much more and you will earn much more too.
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DiamondCardz
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October 25, 2015, 02:43:46 PM |
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For only 8 days the price of bitcoin has been changes too much. Current price is $293 and i think 1btc is enough to earn at least $20 weekly. But if you can try to invest much more and you will earn much more too.
Only if it keeps going up in price, of course, which is unlikely. Unless you know what you're doing, look at the long-term game, not the short-term profits i.e. "$20 weekly". Else you'll just end up very disappointed when the price doesn't go up by $20 weekly constantly. (it won't ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) )
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BA Computer Science, University of Oxford Dissertation was about threat modelling on distributed ledgers.
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