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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253365 times)
CryptoBjorn
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November 18, 2015, 05:03:53 PM
 #321

There is not such a thing safe with BTC xD

But just buy 1 for fun. Tongue
error08
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November 18, 2015, 05:30:13 PM
 #322

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  Smiley
StevenLiang
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November 18, 2015, 05:42:22 PM
 #323

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.
coingiant1
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November 19, 2015, 01:27:30 PM
 #324

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.
LuckyYOU
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November 19, 2015, 02:03:50 PM
 #325

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

CryptoBjorn
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November 19, 2015, 02:11:24 PM
 #326

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.

zodiac3011
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November 19, 2015, 02:30:22 PM
 #327

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 Grin 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
Xeelee
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November 19, 2015, 02:53:54 PM
 #328

I have even bought today also 0.5 BTC because I have the fear we will see the 400 USD quickly.

NXT-Wallet: NXT-UBDL-3XU4-NQBZ-FT33G
Lituation
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November 19, 2015, 02:56:59 PM
 #329

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.
jt byte
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November 19, 2015, 02:58:39 PM
 #330

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.
Lituation
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November 19, 2015, 03:01:00 PM
 #331

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 0.1BTC today.
Buy 0.1BTC next week.
Buy 0.1BTC 2 weeks later.
Buy 0.1BTC next month.
Buy 0.1BTC 2 months later.
...
Buy a total of 1BTC in 6 months. I think that's the best investment technique.
darkangel11
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November 19, 2015, 03:04:48 PM
 #332

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 0.1BTC today.
Buy 0.1BTC next week.
Buy 0.1BTC 2 weeks later.
Buy 0.1BTC next month.
Buy 0.1BTC 2 months later.
...
Buy a total of 1BTC in 6 months. I think that's the best investment technique.

This means 30$ spent on Bitcoin every week. Here goes my beer cash.
Lituation
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November 19, 2015, 03:06:23 PM
 #333

This means 30$ spent on Bitcoin every week. Here goes my beer cash.

It's up to you. OP is asking is 1BTC 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. Wink
If you want to save 30$ coins every week, that's great for both your investment plan and your health.
zodiac3011
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November 19, 2015, 03:07:38 PM
 #334

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
Christyfrazier
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November 21, 2015, 06:28:33 AM
 #335

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
ThunderThomas
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November 21, 2015, 01:56:14 PM
 #336

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

fr4nkthetank
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November 21, 2015, 02:02:27 PM
 #337

How safe is it?

highly speculative i'd say Smiley
umaOuma
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November 21, 2015, 02:06:05 PM
 #338

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.
Laosai
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November 22, 2015, 10:44:39 AM
 #339

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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November 22, 2015, 10:51:34 AM
 #340

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 0.1BTC today.
Buy 0.1BTC next week.
Buy 0.1BTC 2 weeks later.
Buy 0.1BTC next month.
Buy 0.1BTC 2 months later.
...
Buy a total of 1BTC 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 Wink
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