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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253359 times)
Lituation
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November 22, 2015, 12:49:01 PM
 #341

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

Do you know or not know the future Bitcoin price? I'm assuming you don't know. What if Bitcoin goes back to 200$ next month?
If people invest with your method in Dec 13 - Nov 15 period they lost a lot of money. You can't predict the bottom or top, unless you are the maker.
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November 22, 2015, 12:57:33 PM
 #342

yeah very good to buy now, if you want to safe you can wait for the price drop to $300, then wait until the block halving for sell your bitcoin Smiley

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November 22, 2015, 12:58:58 PM
 #343

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

Do you know or not know the future Bitcoin price? I'm assuming you don't know. What if Bitcoin goes back to 200$ next month?
If people invest with your method in Dec 13 - Nov 15 period they lost a lot of money. You can't predict the bottom or top, unless you are the maker.

Nobody really knows, everyone is just speculating. If it does goes back to $200 I'll be buying more bitcoins.

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November 22, 2015, 01:14:09 PM
 #344

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
Waiting till christmas or new year to get some Grin people gonna need cash by then
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November 22, 2015, 01:31:17 PM
 #345

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
Waiting till christmas or new year to get some Grin people gonna need cash by then

i don't recall any huge dump on christmas besides the one on end of 2014, but it was because of the big dumping from the 1200 not for chirstmas itself

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November 22, 2015, 02:14:03 PM
 #346

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
Waiting till christmas or new year to get some Grin people gonna need cash by then

What if 2013 repeats again? Smiley Your plan won't work in this case. Neither it worked for the people that waited for the Christmas drop of 2013!
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November 22, 2015, 02:24:51 PM
 #347

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
Waiting till christmas or new year to get some Grin people gonna need cash by then

What if 2013 repeats again? Smiley Your plan won't work in this case. Neither it worked for the people that waited for the Christmas drop of 2013!
One of the situation will happen. We are just sitting here speculating so let's alll wait to see how things go Grin
mr.coinstrader
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November 22, 2015, 03:07:54 PM
 #348

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

Your method might not work if the price drop to $250. With his method, he will buy more when the price drops.
If he does not have the $320 now, and he can have $30 per week, then his method works.
There is risk to both methods.
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November 22, 2015, 03:25:26 PM
 #349

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
Waiting till christmas or new year to get some Grin people gonna need cash by then

What if 2013 repeats again? Smiley Your plan won't work in this case. Neither it worked for the people that waited for the Christmas drop of 2013!
One of the situation will happen. We are just sitting here speculating so let's alll wait to see how things go Grin

Yes I agree! Let's hope that since last year was a dumpy Christmas, that this year it's pump Christmas turn! Smiley
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November 22, 2015, 03:33:36 PM
 #350

Mark my word:

We can't see the price at 280 range so start looking at the candlestick made by the price and start making a speculation. Today's price movement was unlike before so we can't really compare it.

Anyways take advantage, I bought .2btc days ago @314  as a test then sell back it @ 325. I did this many times this past days. Don't have to wait for below 300 just to do a buying. I hate that waiting for nothing.

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November 22, 2015, 03:58:26 PM
 #351

Mark my word:

We can't see the price at 280 range so start looking at the candlestick made by the price and start making a speculation. Today's price movement was unlike before so we can't really compare it.

Anyways take advantage, I bought .2btc days ago @314  as a test then sell back it @ 325. I did this many times this past days. Don't have to wait for below 300 just to do a buying. I hate that waiting for nothing.

The problem is that you have to behind a device with internet. Getting just 0.02 profit is not worth it.

My outlook for buy/sell transactions is always for 2+ days. This way i now it don't interfere with my life.

OP
Yes it would make sence to invest right now. there is no sign it will drop behind 320 USD within now and 1 year.
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November 22, 2015, 04:51:59 PM
 #352

Yes go ahead and buy as many as you can. Don't think about 1 month, but see the bigger picture.

2 years from now, you will have a good profit mate.
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November 23, 2015, 10:51:39 AM
 #353

Yes ,its a good idea to buy one BTC as of now. I bought a bitcoin when the price was low and sold it for 40% profit when it hit the roof price.

Now I bought a bitcoin and waiting for the price to raise. Smiley

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November 23, 2015, 10:55:30 AM
 #354

Play the market.

Don't just wait for your "price decrease" target.

Many speculators failed today for expecting below 300 for the right time to buy. See the resistance at above 310? Take advantage of the market if you really want to take some profit and don't just wait for your target low.

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November 23, 2015, 11:15:52 AM
 #355

Play the market.

Don't just wait for your "price decrease" target.

Many speculators failed today for expecting below 300 for the right time to buy. See the resistance at above 310? Take advantage of the market if you really want to take some profit and don't just wait for your target low.

Most of the people don't have to balls to play the market. They are even doubting whether to buy or not when the price is $220 Wink If they do that, then they will definitely not be able to play the market.
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November 23, 2015, 12:10:41 PM
 #356

Play the market.

Don't just wait for your "price decrease" target.

Many speculators failed today for expecting below 300 for the right time to buy. See the resistance at above 310? Take advantage of the market if you really want to take some profit and don't just wait for your target low.

Most of the people don't have to balls to play the market. They are even doubting whether to buy or not when the price is $220 Wink If they do that, then they will definitely not be able to play the market.

Less margin in price is the right time to do trades unlike the last rally that increase and decrease percentage up to 80-100%.

Minimize the margin range. For example you are expecting a <300 to execute buy but unfortunately you are waiting for long now and still undecided when price hits 310. So basically make another round of speculation then this time be sure to setup your own plan with a small margin expectation based on your basis.

Small profit depends on the amount but hey much better than waiting for too long to execute your next move.

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November 23, 2015, 02:31:53 PM
 #357

Mark my word:

We can't see the price at 280 range so start looking at the candlestick made by the price and start making a speculation. Today's price movement was unlike before so we can't really compare it.

Anyways take advantage, I bought .2btc days ago @314  as a test then sell back it @ 325. I did this many times this past days. Don't have to wait for below 300 just to do a buying. I hate that waiting for nothing.
I alsothink like that too while you are sitting around waiting for something that unlikely to happen you can do some small tradr and nake some
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November 23, 2015, 02:46:46 PM
 #358

I think it's worth it. 1 btc isn't very much to invest in and you could either sell it as soon as it rises by 50-100$ again or hold it long term. Personally I would [prefer to hold it long term as I think there's big gains to be made later down the line but with one bitcoin you could afford to take the risk.
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November 23, 2015, 02:51:21 PM
 #359

Yes go ahead and buy as many as you can. Don't think about 1 month, but see the bigger picture.

2 years from now, you will have a good profit mate.

I wold like to correct hat a bit.
Buy as much Bitcoin as you can with money that you can afford to lose.
Bitcoin is still a high risk investment.Nothing is guaranteed. But the profit which can be made when Bitcoin wil succeed is of course enormous.
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November 23, 2015, 02:58:05 PM
 #360

Yes go ahead and buy as many as you can. Don't think about 1 month, but see the bigger picture.

2 years from now, you will have a good profit mate.

I wold like to correct hat a bit.
Buy as much Bitcoin as you can with money that you can afford to lose.
Bitcoin is still a high risk investment.Nothing is guaranteed. But the profit which can be made when Bitcoin wil succeed is of course enormous.

That money that considered as "afford to lose" somehow will be covered positively and with high chance. Bitcoin will never decrease its price to the point that all will make a sell so don't regret if you buy at "much higher price compare to your desired target" because somehow it can kick back.

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