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CryptoBjorn
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November 18, 2015, 05:03:53 PM |
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There is not such a thing safe with BTC xD But just buy 1 for fun.  |
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error08
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November 18, 2015, 05:30:13 PM |
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it is up to you, 1 BTC is a very big money to me, it is better to make another effort, but it all depends on where you are investing again. reliable or not  |
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StevenLiang
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November 18, 2015, 05:42:22 PM |
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It's good to consider that investing a large amount of Bitcoin will involve risks. It can either go up or go down in price, if you're worried about safety then you might be concern about the actual value of your 1BTC now when compared to the future. It's always smart to invest only so much amount that you're willing to lose. But yes, someday I'm sure your Bitcoins will grow in value.
I totally agree with you. The halving is coming in 30 somethign weeks LOL it's good to buy some before the halving as the price will go up soon I will share one of the traders speculation about the upcoming dip: Expect more dump this coming Christmas season as people, like always, spreading out money during this season of greetings. The effect will be lower price. So it's better to wait for about a month before doing a big buy. Like I said, it's a speculation. I'd be okay with that. I wouldn't mind it. It would give me a chance to buy more. I'm looking to do this for a long term so I'm trying to get as much as I can We cannot really predict when the "lowest" price will come. If you think BTC price is already low and fine for you to buy. You can buy it. But with consideration, you not put all your money in BTC. BTC is like investment (long term investment). Before you can sell them with profit. It's no need to sell it in rush. It is like a gold, but BTC is digitally. You must have your own saving to the other things. |
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coingiant1
Newbie
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Activity: 14
Merit: 0
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November 19, 2015, 01:27:30 PM |
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Its not safe actually. But u have good chances of making plentiful money out of your investment as there is too much demand for bitcoins in the recent days. If you are sure that you can hold bitcoins during the price drop until the price comes to normal it is a good investment.
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LuckyYOU
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November 19, 2015, 02:03:50 PM |
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It is indeed a good long term investment but not safe at all
Nobody knows what will happen with bitcoin if it will rise and fall
There are a lot of speculations going around about what will happen how and when
It's still a gambling game that you're playing
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CryptoBjorn
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November 19, 2015, 02:11:24 PM |
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Well the price is now is like a rollercoaster. So you can be lucky in the future.
But about safety. BTC is never 100% safe. Is just kinda gambling. But look now it is 320 USD I think that is good enought for me.
It will be more amazing if it goes more thatn 500 USD. So yeah Safe it is not, but long term investment yes it is good. More less is smart to do.
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zodiac3011
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November 19, 2015, 02:30:22 PM |
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Well the price is now is like a rollercoaster. So you can be lucky in the future.
But about safety. BTC is never 100% safe. Is just kinda gambling. But look now it is 320 USD I think that is good enought for me.
It will be more amazing if it goes more thatn 500 USD. So yeah Safe it is not, but long term investment yes it is good. More less is smart to do.
It's not like a rollercoaster right now actually  we can say it somewhat stable right now because the price is fluctuating from 310-340 so pretty safe I think but risk does exist |
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Xeelee
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November 19, 2015, 02:53:54 PM |
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I have even bought today also 0.5 BTC because I have the fear we will see the 400 USD quickly.
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NXT-Wallet: NXT-UBDL-3XU4-NQBZ-FT33G
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Lituation
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November 19, 2015, 02:56:59 PM |
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When I think about long term investments this immediately comes to my mind:
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
Risks are clear, invest what you can afford to lose. I think there's a big possibility to get right.
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jt byte
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November 19, 2015, 02:58:39 PM |
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Not at the moment. The price is not stable enough. I would try next week as their is talk that it will drop significantly then you should buy 1BTC to test out.
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Lituation
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November 19, 2015, 03:01:00 PM |
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Not at the moment. The price is not stable enough. I would try next week as their is talk that it will drop significantly then you should buy 1BTC to test out. It's a long term investment. It's better to buy at different times. For example: Buy 0.1 BTC today. Buy 0.1 BTC next week. Buy 0.1 BTC 2 weeks later. Buy 0.1 BTC next month. Buy 0.1 BTC 2 months later. ... Buy a total of 1 BTC in 6 months. I think that's the best investment technique. |
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darkangel11
Legendary
Offline
Activity: 2338
Merit: 1345
Defend Bitcoin and its PoW: bitcoincleanup.com
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November 19, 2015, 03:04:48 PM |
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Not at the moment. The price is not stable enough. I would try next week as their is talk that it will drop significantly then you should buy 1BTC to test out. It's a long term investment. It's better to buy at different times. For example: Buy 0.1 BTC today. Buy 0.1 BTC next week. Buy 0.1 BTC 2 weeks later. Buy 0.1 BTC next month. Buy 0.1 BTC 2 months later. ... Buy a total of 1 BTC in 6 months. I think that's the best investment technique. This means 30$ spent on Bitcoin every week. Here goes my beer cash. |
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Lituation
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November 19, 2015, 03:06:23 PM |
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This means 30$ spent on Bitcoin every week. Here goes my beer cash. It's up to you. OP is asking is 1 BTC a good long term investment, I say yes it's a great investment. But I'm investing much more than only 1 coin. I don't consume alcohol, so I can save more coins.  If you want to save 30$ coins every week, that's great for both your investment plan and your health. |
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zodiac3011
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November 19, 2015, 03:07:38 PM |
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I have even bought today also 0.5 BTC because I have the fear we will see the 400 USD quickly.
Why do you think so I think that bitcoin's price can't even reach 380 recently |
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Christyfrazier
Member
Offline
Activity: 84
Merit: 10
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November 21, 2015, 06:28:33 AM |
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Hi,
Yes, i think its a good medium term investment over the medium term say 2 years. The best thing for you to do is dont invest money you cant afford to lose.
Also you could have a stop loss, so that once you have doubled your money, just withdraw half and keep the rest for investments, this way you have regained your initial capital and still have a stake in bitcoins.
Thanks
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ThunderThomas
Full Member
Offline
Activity: 210
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
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November 21, 2015, 01:56:14 PM |
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Like most of the people who have posted here said, it's not safe
If you can't invest a bunch, you can start with buying 1 bitcoin and put it on a safe wallet and just forget about it.
You can look back in a couple of year and see how much profits you've made
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fr4nkthetank
Legendary
Offline
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
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November 21, 2015, 02:02:27 PM |
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How safe is it?
highly speculative i'd say |
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umaOuma
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November 21, 2015, 02:06:05 PM |
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Not at the moment. The price is not stable enough. I would try next week as their is talk that it will drop significantly then you should buy 1BTC to test out.
Yeah, bitcoin's price will fall in the coming week that is what we predict looking at the present scenario, So it is good to wait for a moment and buy it when the prices fall down, and we never know how much it's gonna fall, So may be you can even buy 2 BTC with your estimated price and that would be an good investment for the coming future. |
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Laosai
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November 22, 2015, 10:44:39 AM |
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I have even bought today also 0.5 BTC because I have the fear we will see the 400 USD quickly.
Why do you think so I think that bitcoin's price can't even reach 380 recently He's being optimistic I guess, I think we won't be seeing 400 until the end of this year, we can't even reach 350 this past few days. Maybe next year, we can see even more higher than 400 |
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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November 22, 2015, 10:51:34 AM |
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Not at the moment. The price is not stable enough. I would try next week as their is talk that it will drop significantly then you should buy 1BTC to test out. It's a long term investment. It's better to buy at different times. For example: Buy 0.1 BTC today. Buy 0.1 BTC next week. Buy 0.1 BTC 2 weeks later. Buy 0.1 BTC next month. Buy 0.1 BTC 2 months later. ... Buy a total of 1 BTC in 6 months. I think that's the best investment technique. It's better to purchase 1 Bitcoin right now at once than to buy it spreaded over several months. Now the price is still $325 you can benefit from it. Who knows what the price will be in January 2016. It could be $450-$500 which means you miss out on profits you could have made when you bought 1 Bitcoin at current price. The closer we are comming to the block halving, the higher the price will be |
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