fravia
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June 10, 2016, 09:11:09 AM |
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How safe is it?
well i don't think that it is very safe because we can't know if bitcoin will still be alive after lots of time, so we can't know if it is safe or not because we can't predict things like this but i still think that it is best way to earn more bitcoins of all ways at this moment, as there should be lots of price rises is near future so soon you will get good and easy profit
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agustina2
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June 10, 2016, 04:07:06 PM |
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Well if you want to invest now invest after halving so that the price is less. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 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. That's why I said if they truly believe on what will be the output of the price in the future hen just go and buy some bitcoin. Also if a person afford to buy at any price rate. And yes you can't really feel the profit if you only holds BTC1 for a long period of time.
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n3o111
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June 10, 2016, 04:52:26 PM |
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I think the idea that you should only put what you are willing to lose in is a fair point but overstated. From a pure price standpoint (outside of losing it or getting it stole, ect.) there isn't a 100% loss risk involved. If your semi-diligent you can get out before a huge loss. Even people who bought at the 1k peak still 'only' lost 75% or so if they held until today. Not ideal but not like it's the end of the world, and that is the extreme case.
That being said, it would obviously be foolish to invest any needed money or large % of your investments into it.
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Zooplus
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June 11, 2016, 08:07:21 AM |
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I think the idea that you should only put what you are willing to lose in is a fair point but overstated. From a pure price standpoint (outside of losing it or getting it stole, ect.) there isn't a 100% loss risk involved. If your semi-diligent you can get out before a huge loss. Even people who bought at the 1k peak still 'only' lost 75% or so if they held until today. Not ideal but not like it's the end of the world, and that is the extreme case.
That being said, it would obviously be foolish to invest any needed money or large % of your investments into it.
The previous years has nothing to do with the price today, if we experience a crashed in the past that would definitely not happen today, we are now becoming more stable as everyday is an opportunity of the bitcoins community to increase in terms of users adoption. The majority is dictating the price because of their demands on whatever purposes they do.
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Trasnadian
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June 12, 2016, 10:03:26 AM |
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I think the idea that you should only put what you are willing to lose in is a fair point but overstated. From a pure price standpoint (outside of losing it or getting it stole, ect.) there isn't a 100% loss risk involved. If your semi-diligent you can get out before a huge loss. Even people who bought at the 1k peak still 'only' lost 75% or so if they held until today. Not ideal but not like it's the end of the world, and that is the extreme case.
That being said, it would obviously be foolish to invest any needed money or large % of your investments into it.
The previous years has nothing to do with the price today, if we experience a crashed in the past that would definitely not happen today, we are now becoming more stable as everyday is an opportunity of the bitcoins community to increase in terms of users adoption. The majority is dictating the price because of their demands on whatever purposes they do. The bitcoin price was quite stalbe in the last 6 months. But over the last 4 weeks, it has risen a lot.
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ObscureBean
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June 12, 2016, 10:38:46 AM |
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I wonder if op ended up buying his 1 BTC, at the time this thread was started 1 BTC was worth around $250, right now it's $641 on Bitstamp. I'd say $391 pure profit in 9 months without doing anything is really not bad at all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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gtglener
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June 12, 2016, 11:15:23 AM |
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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. I think now buying it is not a risk, as every day we are seeing the price increasing so when someone buy it today they will get profit tomorrow and when someone buy tomorrow he wil get the profit at the next day and so on.
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SiNeReiNZzz
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June 12, 2016, 11:19:35 AM |
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How safe is it?
I think you can not lose your Money >>> Bitcoin is Future, and you can be a Part of them!
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coin_gambler
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June 12, 2016, 11:26:02 AM |
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How safe is it?
I think you can not lose your Money >>> Bitcoin is Future, and you can be a Part of them! thats true though anything might happen to the price thus it might make you lose your money too i think its a really good investment to do that right ow as it can bring a lot of profit
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biggbox
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June 12, 2016, 11:26:12 AM |
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OP, it was around $240 in Oct 2015. If you bought and kept bitcoins, congrats. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Zooplus
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June 12, 2016, 11:31:06 AM |
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OP, it was around $240 in Oct 2015. If you bought and kept bitcoins, congrats. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I wonder if he really bought 1, even if he bought that would still not effect him that much because that was only 1 BTC, maybe let us congratulate him when the price turns $10,000.
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DeDordtenaar
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June 12, 2016, 12:25:45 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) Rich yeah if after this thread was made and a lot of people inspired by this thread. I'm sure they'll get a huge advantage and profit because they would have bought a lot of bitcoin. unfortunately I see this thread when in 2016 so I buy bitcoin at a price of about $480 in 2016
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randy8777
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June 12, 2016, 12:40:05 PM |
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OP, it was around $240 in Oct 2015. If you bought and kept bitcoins, congrats. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I wonder if he really bought 1, even if he bought that would still not effect him that much because that was only 1 BTC that, and maybe he sold what he bought at the price back then when the price touched $300. people easily get tempted to sell when they see they made 10-20% profit.
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pocarime32
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June 12, 2016, 12:48:04 PM |
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The huge increase on bitcoin's price today makes me want invest more in bitcoin though. Actually i already invest on bitcoins but only small amount, for now i want invest more.
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romero121
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June 12, 2016, 12:54:36 PM |
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With the increase happening continuously, without hesitation one could make a buy for long term investment. You may experience the growth in short terms than waiting long.
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CryptoBjorn
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June 12, 2016, 01:43:18 PM |
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With the increase happening continuously, without hesitation one could make a buy for long term investment. You may experience the growth in short terms than waiting long.
Well there is no guarantee the price will go to 1200 dollar again. Just be careful and think about investing. Time seems good to invest now, but what if we have reach the 3 year high now? Then you will either lose money or have your money being hostage since you can't sell.
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Ziskinberg
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June 14, 2016, 07:44:54 AM |
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With the increase happening continuously, without hesitation one could make a buy for long term investment. You may experience the growth in short terms than waiting long.
Well there is no guarantee the price will go to 1200 dollar again. Just be careful and think about investing. Time seems good to invest now, but what if we have reach the 3 year high now? Then you will either lose money or have your money being hostage since you can't sell. Exactly, there is not guarantee but most likely it will happen with the rate that bitcoin is moving right now, anything is possible and I believe we can achieve that even this year, we just need to trust and continue to support bitcoins by constantly spending it online.
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Lokfar
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June 14, 2016, 08:42:34 AM |
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Investing around this time will be not the best thing that you can do and that is because the value of Bitcoin is now rising and that is really nice for people who wants make profit. Because you have to know that the value of Bitcoin will rise for a long time because the halving is also coming.
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Babayega31
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June 14, 2016, 08:53:58 AM |
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With the increase happening continuously, without hesitation one could make a buy for long term investment. You may experience the growth in short terms than waiting long.
Well there is no guarantee the price will go to 1200 dollar again. Just be careful and think about investing. Time seems good to invest now, but what if we have reach the 3 year high now? Then you will either lose money or have your money being hostage since you can't sell. Exactly, there is not guarantee but most likely it will happen with the rate that bitcoin is moving right now, anything is possible and I believe we can achieve that even this year, we just need to trust and continue to support bitcoins by constantly spending it online. Their is no really gaurantee all we need to do now is do some short trade in btc and its ok to buy for this price although it is bit to high but still we can earn some profits with it since halving is not yet done and price rally still up and continue to soar for more and surely many people will sell their bitcoins in july thats why we should do short trade and sell in july so we cannot be left behind of bunch of sellers selling their coins in that month.
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peta4e
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June 14, 2016, 09:04:52 AM |
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Investing around this time will be not the best thing that you can do and that is because the value of Bitcoin is now rising and that is really nice for people who wants make profit. Because you have to know that the value of Bitcoin will rise for a long time because the halving is also coming.
If you want to invest in bitcoin then I think you should wait for the price drop as current price is too high to buy bitcoin but I don't think price will go down before the halving.
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