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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253325 times)
plost24
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July 02, 2016, 11:34:07 AM
 #2141

1 BTC is not worth to hold in the long term, you need 50-100 BTC to get decent results.
That's is a good estimate, we will never know what would be the standard way of living in the future and things could go so expensive so it is better to have an excess estimate than a very conservative estimate.

Yeah 1 btc won't give you best returns and you cannot become rich with that amount, as price won't be in millions in future that even 1 btc can take care of you, better to have huge amount of coins.
yeah you are right 1 btc can give you only 50% profit in a long term investment the price is really high now and getting higher but there is not sure to bitcoin have a huge grow in price and take 1000% profit it is a little hard to bitcoin reaching 6000$ maybe in the future after 30 years or something.

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July 02, 2016, 01:09:57 PM
 #2142

The OP posted this way back October 2015 so if he did buy 1 BTC I guess he can see the profit now. But I think he stopped because he is still a member now.

But if he didn't become active here in forum but still able to hold his 1 bitcoin at all for almost a year. Then for sure he is now seeing his profit out of it.
I hope he does not stop from using bitcoin even he isn't active anymore.

The profit he made is not worth it for a period of time that passed.

Coindesk Price:

Oct. 9, 2015 (The date where OP made this thread) : $244

Today's price (as of typing this) : $673

Profit as of now if he bought BTC1 that time : $429

8 months has been passed only an earnings of $429. Really not worth it.
Lol 400bucks is already a big profit if you didn't do anything for it and just waiting. Where can you find a free 400usd nowadays. It is still a good move for the OP to hold if he decided it on that time.
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July 02, 2016, 01:13:03 PM
 #2143

1 BTC is not worth to hold in the long term, you need 50-100 BTC to get decent results.
That's is a good estimate, we will never know what would be the standard way of living in the future and things could go so expensive so it is better to have an excess estimate than a very conservative estimate.

Yeah 1 btc won't give you best returns and you cannot become rich with that amount, as price won't be in millions in future that even 1 btc can take care of you, better to have huge amount of coins.
yeah you are right 1 btc can give you only 50% profit in a long term investment the price is really high now and getting higher but there is not sure to bitcoin have a huge grow in price and take 1000% profit it is a little hard to bitcoin reaching 6000$ maybe in the future after 30 years or something.

We don't know what will be the price in future but this is the best time to collect as much as you can as in future it will be more harder to earn it or buy it.
BitcoinPaw
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July 02, 2016, 01:27:38 PM
 #2144

At my opinion it's a good idea whatever will happen, cause anyway someday price will strongly increase and you will get your profit easily.

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July 02, 2016, 04:06:55 PM
 #2145

At my opinion it's a good idea whatever will happen, cause anyway someday price will strongly increase and you will get your profit easily.

Yes its always good to hold 1 btc for future as you can easily make good profits in future when price goes higher and re buy when price drops again.
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July 02, 2016, 04:17:34 PM
 #2146

The OP posted this way back October 2015 so if he did buy 1 BTC I guess he can see the profit now. But I think he stopped because he is still a member now.

But if he didn't become active here in forum but still able to hold his 1 bitcoin at all for almost a year. Then for sure he is now seeing his profit out of it.
I hope he does not stop from using bitcoin even he isn't active anymore.

The profit he made is not worth it for a period of time that passed.

Coindesk Price:

Oct. 9, 2015 (The date where OP made this thread) : $244

Today's price (as of typing this) : $673

Profit as of now if he bought BTC1 that time : $429

8 months has been passed only an earnings of $429. Really not worth it.

It's already huge getting profit $429 for me and it's only for 1 bitcoin, if OP more than 1 bitcoin, he can enjoy his profit when selling all of his bitcoins today.
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July 02, 2016, 04:39:03 PM
 #2147

You should know that investment is risk even stock or gold or bitcoin
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July 02, 2016, 04:42:01 PM
 #2148

At my opinion it's a good idea whatever will happen, cause anyway someday price will strongly increase and you will get your profit easily.

Yes its always good to hold 1 btc for future as you can easily make good profits in future when price goes higher and re buy when price drops again.
you're right, most likely bitcoin prices will rise back to $ 700, and if that happens I think will be very many people who buy bitcoin, maybe now is a good time to buy 1 BTC, dab hold. maybe if you do that, you can sell bitcoin that you hold in the coming months
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July 02, 2016, 05:13:25 PM
 #2149

At my opinion it's a good idea whatever will happen, cause anyway someday price will strongly increase and you will get your profit easily.

Yes its always good to hold 1 btc for future as you can easily make good profits in future when price goes higher and re buy when price drops again.
you're right, most likely bitcoin prices will rise back to $ 700, and if that happens I think will be very many people who buy bitcoin, maybe now is a good time to buy 1 BTC, dab hold. maybe if you do that, you can sell bitcoin that you hold in the coming months

I think 1 bitcoin is not sufficient to make good profits, if you are expecting higher profits then you should hold somewhere around 10 btc which can give you best returns.
Tanic
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July 02, 2016, 05:17:48 PM
 #2150

If to talk about exactly today it can be good investment for you. Bitcoin for low this weeks, but I'm sure it will rise up. So it's gonna be good investment.
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July 02, 2016, 05:29:19 PM
 #2151

At my opinion it's a good idea whatever will happen, cause anyway someday price will strongly increase and you will get your profit easily.

Yes its always good to hold 1 btc for future as you can easily make good profits in future when price goes higher and re buy when price drops again.
you're right, most likely bitcoin prices will rise back to $ 700, and if that happens I think will be very many people who buy bitcoin, maybe now is a good time to buy 1 BTC, dab hold. maybe if you do that, you can sell bitcoin that you hold in the coming months

I think 1 bitcoin is not sufficient to make good profits, if you are expecting higher profits then you should hold somewhere around 10 btc which can give you best returns.

Yea, it is good, the greater we will have the amount of bitcoin the greater will we earn profit with it, but if those people who are unable to buy that much, they will have to buy what they can, as everyone will earn even those who have smallest amount of bits.

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July 02, 2016, 05:31:25 PM
 #2152

At my opinion it's a good idea whatever will happen, cause anyway someday price will strongly increase and you will get your profit easily.

Yes its always good to hold 1 btc for future as you can easily make good profits in future when price goes higher and re buy when price drops again.
you're right, most likely bitcoin prices will rise back to $ 700, and if that happens I think will be very many people who buy bitcoin, maybe now is a good time to buy 1 BTC, dab hold. maybe if you do that, you can sell bitcoin that you hold in the coming months

I think 1 bitcoin is not sufficient to make good profits, if you are expecting higher profits then you should hold somewhere around 10 btc which can give you best returns.

Yea, it is good, the greater we will have the amount of bitcoin the greater will we earn profit with it, but if those people who are unable to buy that much, they will have to buy what they can, as everyone will earn even those who have smallest amount of bits.

Yeah whatever amount you hold you can expect some profits from it in future, so at a moment we should keep ourselves engage in earning as much as we can.
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July 02, 2016, 10:37:34 PM
 #2153

If you ask me yes it is very good decision if you will buy 1 bitcoin today and hold it for long term investment because you can see now that the price is slowly rising from its cheap price last year or even last month so why not to invest at bitcoin and try to hold it for long term for at least 4 years and after that you will decide whether you will sell it or not because i believe that after 4 years the price of bitcoin will be stable at $$$$ price Grin.
yeah I also agree that this day may be a better buy than you wait after halving? because maybe you'll be left behind in the train dude. buy today you have the opportunity to sell at the current high price of halving come might occur there?
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July 02, 2016, 11:02:53 PM
 #2154

If you ask me yes it is very good decision if you will buy 1 bitcoin today and hold it for long term investment because you can see now that the price is slowly rising from its cheap price last year or even last month so why not to invest at bitcoin and try to hold it for long term for at least 4 years and after that you will decide whether you will sell it or not because i believe that after 4 years the price of bitcoin will be stable at $$$$ price Grin.
yeah I also agree that this day may be a better buy than you wait after halving? because maybe you'll be left behind in the train dude. buy today you have the opportunity to sell at the current high price of halving come might occur there?


Its always good to buy bitcoin and save it for future as like any other investments there is no lock in period in bitcoin you have freedom to withdraw with zero penalty fees.
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July 02, 2016, 11:09:32 PM
 #2155

If you ask me yes it is very good decision if you will buy 1 bitcoin today and hold it for long term investment because you can see now that the price is slowly rising from its cheap price last year or even last month so why not to invest at bitcoin and try to hold it for long term for at least 4 years and after that you will decide whether you will sell it or not because i believe that after 4 years the price of bitcoin will be stable at $$$$ price Grin.
I thought you did not have to wait too long to hold mate. I will buy bitcoin at today's prices and will sell it when the pump comes.
I will not waste the opportunity to wait up to four years? You still can buy more when the price drops right/ I liked the short-term investments
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July 02, 2016, 11:13:05 PM
 #2156

If you ask me yes it is very good decision if you will buy 1 bitcoin today and hold it for long term investment because you can see now that the price is slowly rising from its cheap price last year or even last month so why not to invest at bitcoin and try to hold it for long term for at least 4 years and after that you will decide whether you will sell it or not because i believe that after 4 years the price of bitcoin will be stable at $$$$ price Grin.
yeah I also agree that this day may be a better buy than you wait after halving? because maybe you'll be left behind in the train dude. buy today you have the opportunity to sell at the current high price of halving come might occur there?


Its always good to buy bitcoin and save it for future as like any other investments there is no lock in period in bitcoin you have freedom to withdraw with zero penalty fees.

Even though the price seems high at 700 it's a good time if you can hold your coins for 2 years minimum.
If you got money you will need to be ready for some kind of emergency then my advice is to don't do it.
jerelimZ
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July 02, 2016, 11:17:34 PM
 #2157

If you ask me yes it is very good decision if you will buy 1 bitcoin today and hold it for long term investment because you can see now that the price is slowly rising from its cheap price last year or even last month so why not to invest at bitcoin and try to hold it for long term for at least 4 years and after that you will decide whether you will sell it or not because i believe that after 4 years the price of bitcoin will be stable at $$$$ price Grin.
yeah I also agree that this day may be a better buy than you wait after halving? because maybe you'll be left behind in the train dude. buy today you have the opportunity to sell at the current high price of halving come might occur there?


Its always good to buy bitcoin and save it for future as like any other investments there is no lock in period in bitcoin you have freedom to withdraw with zero penalty fees.

Even though the price seems high at 700 it's a good time if you can hold your coins for 2 years minimum.
If you got money you will need to be ready for some kind of emergency then my advice is to don't do it.

I will prefer to hold if for at least next 5 years as I believe in holding for long term, so even if I see higher price at halving I will prefer not to sell and save it for future.


 
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July 03, 2016, 03:40:05 AM
 #2158

If you ask me yes it is very good decision if you will buy 1 bitcoin today and hold it for long term investment because you can see now that the price is slowly rising from its cheap price last year or even last month so why not to invest at bitcoin and try to hold it for long term for at least 4 years and after that you will decide whether you will sell it or not because i believe that after 4 years the price of bitcoin will be stable at $$$$ price Grin.
yeah I also agree that this day may be a better buy than you wait after halving? because maybe you'll be left behind in the train dude. buy today you have the opportunity to sell at the current high price of halving come might occur there?


Its always good to buy bitcoin and save it for future as like any other investments there is no lock in period in bitcoin you have freedom to withdraw with zero penalty fees.

Even though the price seems high at 700 it's a good time if you can hold your coins for 2 years minimum.
If you got money you will need to be ready for some kind of emergency then my advice is to don't do it.

I will prefer to hold if for at least next 5 years as I believe in holding for long term, so even if I see higher price at halving I will prefer not to sell and save it for future.
The longer you hold the better, that is the benefits of holding bitcoin because overtime the value increases, the only thing you need to consider is the amount you can afford to invest.

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July 03, 2016, 06:37:46 AM
 #2159

If you ask me yes it is very good decision if you will buy 1 bitcoin today and hold it for long term investment because you can see now that the price is slowly rising from its cheap price last year or even last month so why not to invest at bitcoin and try to hold it for long term for at least 4 years and after that you will decide whether you will sell it or not because i believe that after 4 years the price of bitcoin will be stable at $$$$ price Grin.
yeah I also agree that this day may be a better buy than you wait after halving? because maybe you'll be left behind in the train dude. buy today you have the opportunity to sell at the current high price of halving come might occur there?


Its always good to buy bitcoin and save it for future as like any other investments there is no lock in period in bitcoin you have freedom to withdraw with zero penalty fees.

Even though the price seems high at 700 it's a good time if you can hold your coins for 2 years minimum.
If you got money you will need to be ready for some kind of emergency then my advice is to don't do it.

I will prefer to hold if for at least next 5 years as I believe in holding for long term, so even if I see higher price at halving I will prefer not to sell and save it for future.
The longer you hold the better, that is the benefits of holding bitcoin because overtime the value increases, the only thing you need to consider is the amount you can afford to invest.
That's true but you need to invest a decent amount of bitcoins not just 1 BTC because even if the value will increase you 1BTC would not really help you a lot in terms of enjoyment the benefits.

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July 03, 2016, 07:19:10 AM
 #2160

If you ask me yes it is very good decision if you will buy 1 bitcoin today and hold it for long term investment because you can see now that the price is slowly rising from its cheap price last year or even last month so why not to invest at bitcoin and try to hold it for long term for at least 4 years and after that you will decide whether you will sell it or not because i believe that after 4 years the price of bitcoin will be stable at $$$$ price Grin.
yeah I also agree that this day may be a better buy than you wait after halving? because maybe you'll be left behind in the train dude. buy today you have the opportunity to sell at the current high price of halving come might occur there?


Its always good to buy bitcoin and save it for future as like any other investments there is no lock in period in bitcoin you have freedom to withdraw with zero penalty fees.

Even though the price seems high at 700 it's a good time if you can hold your coins for 2 years minimum.
If you got money you will need to be ready for some kind of emergency then my advice is to don't do it.

I will prefer to hold if for at least next 5 years as I believe in holding for long term, so even if I see higher price at halving I will prefer not to sell and save it for future.
The longer you hold the better, that is the benefits of holding bitcoin because overtime the value increases, the only thing you need to consider is the amount you can afford to invest.
That's true but you need to invest a decent amount of bitcoins not just 1 BTC because even if the value will increase you 1BTC would not really help you a lot in terms of enjoyment the benefits.

And that is why i find it better to invest on other coins that has potential instead. Because even if i dont get to own 1 btc i get to earn hundreds once price of a coin gets to hike. Eth seem to be a good one since its abit cheaper this time. Bought just about 24eth. If it doubles in the future, i'm gonna celebrate.


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