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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253329 times)
sallymeeh27
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June 08, 2016, 03:30:31 PM
 #1941

Investing will be not that bad and that is because the value is now also not even that high so you also have a higher chance to make some profit with it and that is nice for you.
The most important with making an investment that you have to choose the right moment to sell it and that is the moment that you can make profit.

I think its better if we buy more then 1 btc if possible, as we are sure that price will go high at the time of halving so if we have more bitcoin then we can make higher profits.
It not bad to make an investment in Bitcoin and that is because the chance is high that you can earn profit with it if you have the patience to wait a longer time to get a price increase.
But the bad thing is that you dont know what the right moment will be and that is the problem.

Indeed there are pretty high chances to  make some nice amounts with the bitcoin on a long term, the only thing you need is patient.
If you stay believing in it and hold your bitcoins you will make profits for sure.

Yes patience is really important when you are investing your money in bitcoin as majority of people gets panic when they see lower price,but you need to hold it for a long time.
Yes it is always a long term investment once you buy 1 btc today this will depends on how you are going to deal with it. For me if I am going to save that it’s good for btc price value increases or I may also do the buy and sell which will encourage more profit on your savings. At least somehow you will not lose that btc that you have until you make it more and more than double the profit for each transaction or you might as well triple your btc in due time you just need to concentrate on what you are doing this will make you successful.

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June 08, 2016, 05:25:11 PM
 #1942

I think it's still a good one to invest 1 bitcoin for long term today. But i not recommended for more that 1 bitcoin if you want invest for long term, better do it for short term one.
yes today still good for buying 1 bitcoin or more and hold it until bitcoin price increase in next month when bitcoin halving come,but it doesn't mean when halving come then bitcoin price raising up so high,its need some time to raise.

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June 08, 2016, 05:29:02 PM
 #1943

Only people that have been living under a rock for the past 2 years don't still own 1 BTC. 1 BTC is 100% obligatory for anyone that has reached Sr. Member because that implies you have been here for a long time.
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June 08, 2016, 06:01:48 PM
 #1944

You will not make that much money with just one Bitcoin but you will make a profit if you hold on to it for 1 year that is for sure. So I suggest that you try it out and see how it works for you.

OP makes this thread is long enough. but if we are talking about today to buy 1 BTC, I think it is still profitable. currently priced at $580 and when approaching halving it could increase to $600 more.

Yes it is really profitable but if you only holding 1bitcoin today and do holding for months, the time you will spend for it is really not worth the time you wait. Better try to accumulate coins if there is a chance if people really believes that price will increase after halving.
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June 08, 2016, 08:29:42 PM
 #1945

Even if the price will skyrocket but with 1BTC for me it is not a good long term investment, if you expect to have a comfortable life in the future and experience financial freedom consider adding more investment to be realistic.
No you're wrong if only 1BTC you can buy it is good enough to store it and wait for the years to make it doubled . But in some point it is good to add more investment as much as 1btc to make a great profit .

you people are true, that we have to buy more and more bitcoin to make our profit more bigger, but the OP is asking for the timing that will this whole year be good for bitcoin, and he is asking that if he buy 1 bitcoin then will he have to keep it for the whole year or not he have to sell it sooner after halving.
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June 09, 2016, 12:53:13 AM
 #1946

Two month ago yes, but nowdays is no, cause price is really high now and i am not sure that it will majorly rise more. So at my opinion better not to buy now.
The question is is it the upward trend will continue or not? if it persists. you can still get some benefit dude
and I see today the price fell to $565. may not be too late to buy dude. because opportunity always come Cheesy
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June 09, 2016, 01:03:30 AM
 #1947

Well if you want to invest now invest after halving so that the price is less. Grin It will save you more money.

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June 09, 2016, 01:13:15 AM
 #1948

Well if you want to invest now invest after halving so that the price is less. Grin It will save you more money.

Nope price will be high after halving time, Buying just one bitcoin today and holding it would be a good investment. The real question is how long are you willing to wait to cash out ? The price could rise to $1,000, $10,000 or maybe even $100,000 per bitcoin. It is all up to an individual to wait and see how long they are willing to wait for the ride to arrive.
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June 09, 2016, 04:33:49 AM
 #1949

Well if you want to invest now invest after halving so that the price is less. Grin It will save you more money.

No assurance that price will increase or decrease after halving.

If you really want to invest and believe that rise will come in the future then just go with your decision. No such person, nor the highest authorities in bitcoin can tell what is the exact price that will occur before and after halving.
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June 09, 2016, 08:37:03 AM
 #1950

Well if you want to invest now invest after halving so that the price is less. Grin It will save you more money.

No assurance that price will increase or decrease after halving.

If you really want to invest and believe that rise will come in the future then just go with your decision. No such person, nor the highest authorities in bitcoin can tell what is the exact price that will occur before and after halving.
Well, to be honest even without halving the price of bitcoins has not assurance, it could go down or up at any time especially when there are news that would affect the price of bitcoins, for me 1 BTC is not really enough as it cannot give you a decent profit in the future, only if the price gone crazy you can earn big but I doubt it would happen as the price of bitcoins is increasing with small amount only.

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saiha
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June 09, 2016, 09:01:50 AM
 #1951

Well if you want to invest now invest after halving so that the price is less. Grin It will save you more money.

No assurance that price will increase or decrease after halving.

If you really want to invest and believe that rise will come in the future then just go with your decision. No such person, nor the highest authorities in bitcoin can tell what is the exact price that will occur before and after halving.
Well, to be honest even without halving the price of bitcoins has not assurance, it could go down or up at any time especially when there are news that would affect the price of bitcoins, for me 1 BTC is not really enough as it cannot give you a decent profit in the future, only if the price gone crazy you can earn big but I doubt it would happen as the price of bitcoins is increasing with small amount only.

You are right, we can't what will be the future of bitcoin and it will just depend on how you really trust bitcoin. And it is good for someone to invest 1 btc today, IF he knows what he is doing and you know the risk that you are taking.

Vires in Numeris
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June 09, 2016, 09:17:19 AM
 #1952

You will not make that much money with just one Bitcoin but you will make a profit if you hold on to it for 1 year that is for sure. So I suggest that you try it out and see how it works for you.

OP makes this thread is long enough. but if we are talking about today to buy 1 BTC, I think it is still profitable. currently priced at $580 and when approaching halving it could increase to $600 more.

Yes it is really profitable but if you only holding 1bitcoin today and do holding for months, the time you will spend for it is really not worth the time you wait. Better try to accumulate coins if there is a chance if people really believes that price will increase after halving.

yes I also prefer, if today is buying 1 BTC i will grow it, so that when halving I have more, rather than just holding and earn a small profit.
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June 09, 2016, 10:01:34 AM
 #1953

You will not make that much money with just one Bitcoin but you will make a profit if you hold on to it for 1 year that is for sure. So I suggest that you try it out and see how it works for you.

OP makes this thread is long enough. but if we are talking about today to buy 1 BTC, I think it is still profitable. currently priced at $580 and when approaching halving it could increase to $600 more.

Yes it is really profitable but if you only holding 1bitcoin today and do holding for months, the time you will spend for it is really not worth the time you wait. Better try to accumulate coins if there is a chance if people really believes that price will increase after halving.

yes I also prefer, if today is buying 1 BTC i will grow it, so that when halving I have more, rather than just holding and earn a small profit.

Wel if you are going to buy bitcoin today the price is ranging $577-$589 so it is near to $600 but for sure after the halving or even not the halving occurs. For sure it will become more higher, you just need to have the guts and take the risk on investing your 1 btc.

Vires in Numeris
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June 09, 2016, 11:33:08 AM
 #1954

Well if you want to invest now invest after halving so that the price is less. Grin It will save you more money.

Nope price will be high after halving time, Buying just one bitcoin today and holding it would be a good investment. The real question is how long are you willing to wait to cash out ? The price could rise to $1,000, $10,000 or maybe even $100,000 per bitcoin. It is all up to an individual to wait and see how long they are willing to wait for the ride to arrive.
are you sure halving day has confirmed as a rocketed price day for bitcoin?

i still doubt halving day are the moment when bitcoin price will go to the moon break the record for the highest bitcoin price ever in history etc. can someone tell us something bad about this bitcoin halving? until now i am not yet decide to add more investment to buy another bitcoin.

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June 09, 2016, 11:35:21 AM
 #1955

You will not make that much money with just one Bitcoin but you will make a profit if you hold on to it for 1 year that is for sure. So I suggest that you try it out and see how it works for you.

OP makes this thread is long enough. but if we are talking about today to buy 1 BTC, I think it is still profitable. currently priced at $580 and when approaching halving it could increase to $600 more.

Yes it is really profitable but if you only holding 1bitcoin today and do holding for months, the time you will spend for it is really not worth the time you wait. Better try to accumulate coins if there is a chance if people really believes that price will increase after halving.

yes I also prefer, if today is buying 1 BTC i will grow it, so that when halving I have more, rather than just holding and earn a small profit.

Wel if you are going to buy bitcoin today the price is ranging $577-$589 so it is near to $600 but for sure after the halving or even not the halving occurs. For sure it will become more higher, you just need to have the guts and take the risk on investing your 1 btc.

it's much less risky now to buy than before, because bitcoin it show how strong it can grow, also the growth is very stable and steady, so i would invest without thinking

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June 09, 2016, 08:09:23 PM
 #1956

How safe is it?

So returning to the OP. Did you buy a coin back on 9th October 2015?

Price then was $244, price now is $583, more than double and a very nice investment.  Smiley


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June 10, 2016, 04:45:15 AM
 #1957

How safe is it?

So returning to the OP. Did you buy a coin back on 9th October 2015?

Price then was $244, price now is $583, more than double and a very nice investment.  Smiley


Rich

I hope he did, but we can really never tell that the price will increase that time. Only those people who have balls to risk their money are profitable now. Investing is the best way to earn money as you can have unlimited of it if you are good in selecting the best type of investment and if you are a risk taker. That two formula should be together in order to achieve you goals. If 1 BTC is good for you then who knows if it might increase a significant amount after 50-100 years.
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June 10, 2016, 07:47:51 AM
 #1958

Making an investment will be not that bad and that is because you have to know that the most important moment with Bitcoin is that you have to sell it on the right moment.
And of course it can takes a long time and you dont know when the right moment will be and that is the risky thing of Bitcoin.
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June 10, 2016, 08:54:56 AM
 #1959

How safe is it?

The answer is simple: as long as you can afford the loss or potential price drop, it's safe.
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June 10, 2016, 09:00:27 AM
 #1960

How safe is it?

The answer is simple: as long as you can afford the loss or potential price drop, it's safe.

Yes, but the question is how low, or to what extent the price might drop. I think we'll never see below $490 and even if we'll see it the price will go up from that point in the matter of days.

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