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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253365 times)
HarryKPeters
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December 26, 2015, 09:18:58 PM
 #641

On a 1 year term it would be a good investment in my eyes, but if you go for some heavy price action you could become very dissapointed.
So make a risk assesment and then determine if that's ok for you.

wikenpp
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December 26, 2015, 09:36:28 PM
 #642

Some may say it is risky and they are right.

But if you compare buying 1 bitcoin with the risk of buying stocks, i would go for the bitcoin investment.
It's way more transparent then most companies.
bitlancr
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December 27, 2015, 09:12:02 PM
 #643

My guess the price will double every 2 years from now. So your bitcoin would be worth 800 USD in 2 years.
Else you have to take a 300 USD profit, sorry Wink
Newcoins2020
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December 27, 2015, 10:03:53 PM
 #644

The moment you buy and hold there is some nice profit to be made.

But you have to be patient and not get lured into panic selling. This way the best investment can become your worst investment.
bit1
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December 27, 2015, 10:20:20 PM
 #645

800 usd at least on next December 2016, No less.
Yakamoto
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December 27, 2015, 10:33:22 PM
 #646

800 usd at least on next December 2016, No less.
I say that is a very optimistic price for next year at this time, but I won't disagree with you. Things like that have happened before, and we're still in the middle of a bull market right now, so it is entirely possible for Bitcoin to reach $800 in a years time.
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December 27, 2015, 10:35:07 PM
 #647

It's not safe at all. Bitcoin is very unpredictable, you never know what will happen to the value of bitcoin.
It's a chance and risks you take though. Don't invest into something when you can't afford to lose.
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December 27, 2015, 11:27:17 PM
 #648

1 btc is too small i know its very hard to earn 1btc but if your keeping bitcoin and waiting for price increase buy atleast 10-20btc.
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December 27, 2015, 11:39:45 PM
 #649

Now is not the time to buy as it dropping really fast. Wasn't it around $50 more last week?
When it comes to times like this it is better to sell then to buy. It is not a good time right after holidays anyways. Everybody is coming off a lull of eating and drinking too much. They don't make such good decisions in this state.

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December 27, 2015, 11:40:13 PM
 #650

It's always good to have 1 BTC, but it's better to have 10 BTC and it's perfect to have 100 BTC. Even if you play trading in market for short-term you have to save some coins for long-term because it's too unpredictable and price'll go a lot more we wouldn't even expected.
stromma44
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December 29, 2015, 10:20:57 PM
 #651

It's always good to have 1 BTC, but it's better to have 10 BTC and it's perfect to have 100 BTC. Even if you play trading in market for short-term you have to save some coins for long-term because it's too unpredictable and price'll go a lot more we wouldn't even expected.

That is true but looking at the inflation rate across the globe I don't think that 1 btc can serve the purpose I believe you should hold more than 1 btc for the better and safe future as we don't know what would be the exact value of bitcoin in future either it would reach the moon or simply disappear.
Bitcoinbro
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December 29, 2015, 10:22:56 PM
 #652

I believe it's the right moment if you look for future gains.
Sure the price can do down the next weeks, but when we are talking about years, there is so much potential and chance for profit offcourse.
Zaun
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December 29, 2015, 10:40:14 PM
 #653

Buying today is risky since the price could go back to 300 dollar if we break the 400 dollar barrier.

I for one would wait and see what will happen to the price in january.
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December 29, 2015, 10:56:41 PM
 #654

1 btc is a reasonable amount to buy as an small investment or just to keep. I think btc is going to the right direction, it will be in the future. And 1 btc is not a really huge amount, so you don't need to worry that much if the price goes down. In terms of safety, I think its safe, price won't fluctuate that much.

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December 29, 2015, 11:00:42 PM
 #655

I would wait for a price drop before buying, I never buy when the price is going up.

HarryKPeters
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December 29, 2015, 11:07:35 PM
 #656

I would buy bitcoin when they will be cheaper then 400 USD.
But if you buy on a 4-5 year term it would be a good moment to step in, instead of waiting the price will or will not go below  400 USD.

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December 30, 2015, 02:22:30 AM
 #657

1 BTC could be a good long-term investment, but you should also consider trying out trading with the price changes and such. It could be fun to play around with the market and see what you're capable of. You could also invest the 1 BTC into some other things.

Buying it to hold, I only see future rise.
avw1982
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December 30, 2015, 02:59:50 AM
 #658

1 BTC could be a good long-term investment, but you should also consider trying out trading with the price changes and such. It could be fun to play around with the market and see what you're capable of. You could also invest the 1 BTC into some other things.

Buying it to hold, I only see future rise.

Yeah holding bitcoin in future is very good tactic. Because currently we getting for 1 btc around 400$ but if you see the bitcoin value after 20 years. It price will around 10000 USD.
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December 30, 2015, 04:10:15 AM
 #659

for now I do not think the time is right, soon the turn of the year, so people may be harvested all the investment in preparation for the new year  Grin
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December 30, 2015, 06:17:09 AM
 #660

for now I do not think the time is right, soon the turn of the year, so people may be harvested all the investment in preparation for the new year  Grin

But it is not the right time to harvest your bitcoin investments. Even in next year, there are lot of possibilities for one bitcoin would be turned into worth of $10k.
So, cashing out your bitcoin for the new year celebrations may end up in regret later.
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