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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253320 times)
umaOuma
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April 11, 2016, 01:44:14 PM
 #1341

How safe is it?
It is pretty safe but with investing and waiting that long you will never know what the price in the future will be. But you can try to buy a bitcoin know because maybe the price in the future will be high. 

Yes keeping 1 btc in cold storage for future purpose is always good, as if the price skyrockets in future then you can expect huge profits from it.
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Evil-Knievel
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April 11, 2016, 01:47:27 PM
 #1342

You can earn a lot of money with 1 BTC in the future and that can be nice, but the most important is that you need some patience otherwise it will be not possible to make some any profit with Bitcoin.
If the value is low and you have a Bitcoin the only thing that you can do is just hold it or you can also trade with Bitcoin to make some profit.

I hope Bitcoin has a bright future but unfortunately the experience have taught me that an increasing number of people who expect to get rich from an event in the future, this event becomes less and less likely.
ronaldinho_07
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April 11, 2016, 02:16:12 PM
 #1343

Well sure buying bitcoin for the 200 dollars would be great but may not gonna happen anymore,soo the thing is the current value keeps actractive as an investment,but well take your risk and get your reward.
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April 11, 2016, 02:50:57 PM
 #1344

Well sure buying bitcoin for the 200 dollars would be great but may not gonna happen anymore,soo the thing is the current value keeps actractive as an investment,but well take your risk and get your reward.

Its worth to take that extra risk at a moment, as hoping to see higher price in future, so buying 1 btc and keeping it safe for future can be profitable to earn higher profits.
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April 11, 2016, 02:56:03 PM
 #1345

Well sure buying bitcoin for the 200 dollars would be great but may not gonna happen anymore,soo the thing is the current value keeps actractive as an investment,but well take your risk and get your reward.

Its worth to take that extra risk at a moment, as hoping to see higher price in future, so buying 1 btc and keeping it safe for future can be profitable to earn higher profits.

I think so too, as the halving is happening soon, and we expect that Bitcoin price will increase after this event , so buying 1 Bitcoin or more now could be profitable. There is of course a small risk of lose if price go down
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April 11, 2016, 03:13:04 PM
 #1346

right now i think nope, but perhaps during end of year as the demand will be really great as everyone will be spending money on gifts, trips Cheesy
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April 11, 2016, 04:07:27 PM
 #1347

Well sure buying bitcoin for the 200 dollars would be great but may not gonna happen anymore,soo the thing is the current value keeps actractive as an investment,but well take your risk and get your reward.

Its worth to take that extra risk at a moment, as hoping to see higher price in future, so buying 1 btc and keeping it safe for future can be profitable to earn higher profits.

I think so too, as the halving is happening soon, and we expect that Bitcoin price will increase after this event , so buying 1 Bitcoin or more now could be profitable. There is of course a small risk of lose if price go down

Yeah that is the right way to move on, as price will move higher in futures, so its a nice time to invest in bitcoin at a moment to see higher profits in future.
bakingbad
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April 11, 2016, 05:54:05 PM
 #1348

How safe is it?

first of all i think that buying 1 bitcoin won't hurt you or your wallet, also i think it is pretty safe because price is okay now, and it will rise soon because of halving, everyone predicts that price will be very huge after it so i think that it is pretty safe to buy 1 bitcoin and keep it for some time, in worst case scenario you won't get any profit but you won't lose money too
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April 11, 2016, 09:36:29 PM
 #1349

Quote
first of all i think that buying 1 bitcoin won't hurt you or your wallet, also i think it is pretty safe because price is okay now, and it will rise soon because of halving, everyone predicts that price will be very huge after it so i think that it is pretty safe to buy 1 bitcoin and keep it for some time, in worst case scenario you won't get any profit but you won't lose money too

This is not entirely true from the trading perspective. If everyone expects that the halving will have a positive effect on the price, than it should be included in the current price already.
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April 11, 2016, 11:13:00 PM
 #1350

I think better to invest on bitcoin after halving cause price will be unstable and people can make low bitcoin value. So better wait a bit after halving and than start investing.

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April 12, 2016, 12:36:47 AM
 #1351

In 20 years you will be looking back saying wow I could have bought 1 bitcoin for 400$
look at whats happened already do you really think bitcoin is going to lose momentum?
ronaldinho_07
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April 12, 2016, 01:08:05 AM
 #1352

Thats is something i wont regret as since i can i try to make my deals with bitcoin to grow my income ,but well i cant afford to invest on it my wife would kill me .I dont care about opinion what to do with my bitcoins,but the fiat well we manage together the house and the costs .
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April 12, 2016, 02:33:32 AM
 #1353

Thats is something i wont regret as since i can i try to make my deals with bitcoin to grow my income ,but well i cant afford to invest on it my wife would kill me .I dont care about opinion what to do with my bitcoins,but the fiat well we manage together the house and the costs .


Its only good to invest a certain amount of money into bitcoin and just make it grow rather than putting all your money in bitcoin without knowing what will happen and if you lose you wont lose much.
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April 12, 2016, 03:42:25 AM
 #1354

I think better to invest on bitcoin after halving cause price will be unstable and people can make low bitcoin value. So better wait a bit after halving and than start investing.

Right now most speculations has described about the price increase. If the price increase happens on halving can get a good profit. Even if the price don't rise also it won't fall, so its better to buy now rather than waiting for halving.

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CasioK
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April 12, 2016, 06:49:19 PM
 #1355

Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
But he is talking about to hold that amount for about 1 year or something more, everyone now is going to buy bitcoins as much as they can, but they are wonder that for how much time they should have to hold them.

INVALID BBCODE: close of unopened tag in table (1)
randy8777
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April 12, 2016, 07:00:03 PM
 #1356

Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
But he is talking about to hold that amount for about 1 year or something more, everyone now is going to buy bitcoins as much as they can, but they are wonder that for how much time they should have to hold them.

it depends on what your targets are as investor. my target is to keep holding at least till the price reaches $700 before securing profits. i have enough patience to wait till that time and i know i can keep every satoshi in my offline wallets till it indeed reaches that price level as i have enough patience and dedication.
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April 12, 2016, 07:03:44 PM
 #1357

Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
But he is talking about to hold that amount for about 1 year or something more, everyone now is going to buy bitcoins as much as they can, but they are wonder that for how much time they should have to hold them.

it depends on what your targets are as investor. my target is to keep holding at least till the price reaches $700 before securing profits. i have enough patience to wait till that time and i know i can keep every satoshi in my offline wallets till it indeed reaches that price level as i have enough patience and dedication.

That is the right thing do, patience is the key to success here, always have predesired value of bitcoin in your mind and if it reaches there then I think you should sell it without waiting too long.
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April 12, 2016, 07:34:11 PM
 #1358

Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
But he is talking about to hold that amount for about 1 year or something more, everyone now is going to buy bitcoins as much as they can, but they are wonder that for how much time they should have to hold them.

it depends on what your targets are as investor. my target is to keep holding at least till the price reaches $700 before securing profits. i have enough patience to wait till that time and i know i can keep every satoshi in my offline wallets till it indeed reaches that price level as i have enough patience and dedication.

That is the right thing do, patience is the key to success here, always have predesired value of bitcoin in your mind and if it reaches there then I think you should sell it without waiting too long.

Indeed, I think that also would be a good tactic for investors but also for traders to be honest.
One bitcoin is a good investment but for a long term but I would consider and recommend you to do this with more bitcoins.

Yeah more bitcoins means more profit in future, but I really think holding too long would not be good if price  falls in future, so keep on playing with bitcoin on regular basis.
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April 12, 2016, 07:34:38 PM
 #1359

How safe is it?
Bitcoin is good for long term investment, but there is no guarantee that it is a safe investment either. Because Bitcoin is a very volatile currency, you could profit in the long term, and so does the otherwise. Well, you could give it a try since 1 BTC is just a small amount.

Life sucks.
Johnny00
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April 12, 2016, 08:14:55 PM
 #1360

Is halving already priced in? is demand growing then invest?


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