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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253362 times)
Mr.grin
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July 06, 2016, 12:12:46 PM
 #2201

If you want to make allot of money then is that not the best strategy off course but i can tlel you when you hold that coin for so long the price can do allot of strange
things i hope the price will rise offcourse but we will never know that for sure.

I think it is a good idea to buy one bitcoin today and hold for the next 20 years. The price could be $50000 each.

don't think the price will come close to the $50,000 price level, ever. but you can just keep holding it for that long just to see where bitcoin goes. maybe it will indeed become worth a lot, and maybe it will become worth next to nothing. only time will tell.

Yes, and my personal feeling is it would be good if we sell on regular intervals and secure profits instead of holding it too long, as we never know when price will go to bottom.
Well, I would probably opt to hold bitcoin for now, I think it is too risky for investment at this time, but as many are predicting that the price of bitcoin will rise to $ 700 + this month. so I prefer to hold. but if you did not intend to sell bitcoin you have, maybe the investment is the right thing
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July 06, 2016, 02:30:46 PM
 #2202

How safe is it?
It is not a bad to thing to buy Bitcoin at the moment because OI am sure that if you buy right now that you are going to make money with them.
So it is not going to hurt you but if you are not serious about it then do not do it.
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July 06, 2016, 02:33:13 PM
 #2203

How safe is it?
It is not a bad to thing to buy Bitcoin at the moment because OI am sure that if you buy right now that you are going to make money with them.
So it is not going to hurt you but if you are not serious about it then do not do it.


Its always good to have 1 btc in your wallet but you cannot make huge profits from it as to earn higher profits in future I think you should hold at least 10 to  15 btc.
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July 06, 2016, 02:54:56 PM
 #2204

Don't wanna sound like a fanboy but honestly, it's the best thing you can do with your money right now in terms of % of "gambling". Sure, you never know what can happen, but make no mistake, the Bitcoin party hasn't even begun, and the price is really low compared to the potential gains and relative to latest ATH.
As long term investment that could be good because the OP does not mention a specific number of years to hold his coins, who knows in the future the price is gonna be high as x10 at the current price, we can only find out if we will invest and wait.

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July 06, 2016, 03:02:53 PM
 #2205

Don't wanna sound like a fanboy but honestly, it's the best thing you can do with your money right now in terms of % of "gambling". Sure, you never know what can happen, but make no mistake, the Bitcoin party hasn't even begun, and the price is really low compared to the potential gains and relative to latest ATH.
As long term investment that could be good because the OP does not mention a specific number of years to hold his coins, who knows in the future the price is gonna be high as x10 at the current price, we can only find out if we will invest and wait.

Yes if you can afford to hold your coins for next 10 years then I think investing in bitcoin is the best thing you can do, as price will definitely reach to the moon in future.
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July 06, 2016, 05:10:14 PM
 #2206

How safe is it?
It is not a bad to thing to buy Bitcoin at the moment because OI am sure that if you buy right now that you are going to make money with them.
So it is not going to hurt you but if you are not serious about it then do not do it.


Its always good to have 1 btc in your wallet but you cannot make huge profits from it as to earn higher profits in future I think you should hold at least 10 to  15 btc.
Yeah for now its better to wait for block halving because im sure we will see that the price will decrease more after block halving if they see that the price is hit at 700-900 value..
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July 07, 2016, 07:44:14 AM
 #2207

How safe is it?
It is not a bad to thing to buy Bitcoin at the moment because OI am sure that if you buy right now that you are going to make money with them.
So it is not going to hurt you but if you are not serious about it then do not do it.


Its always good to have 1 btc in your wallet but you cannot make huge profits from it as to earn higher profits in future I think you should hold at least 10 to  15 btc.
Yeah for now its better to wait for block halving because im sure we will see that the price will decrease more after block halving if they see that the price is hit at 700-900 value..
Even if it will only reach $900 this year that would already be a great improvement of bitcoin this year, we are just lucky that halving will happen this year so we should not this opportunity slip away.
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July 07, 2016, 12:09:36 PM
 #2208

How safe is it?
It is not a bad to thing to buy Bitcoin at the moment because OI am sure that if you buy right now that you are going to make money with them.
So it is not going to hurt you but if you are not serious about it then do not do it.


Its always good to have 1 btc in your wallet but you cannot make huge profits from it as to earn higher profits in future I think you should hold at least 10 to  15 btc.
Yeah for now its better to wait for block halving because im sure we will see that the price will decrease more after block halving if they see that the price is hit at 700-900 value..
Even if it will only reach $900 this year that would already be a great improvement of bitcoin this year, we are just lucky that halving will happen this year so we should not this opportunity slip away.

It is good to buy any number of the bitcoin now. I believe the price will rise in long term and keep it for the long term.

 
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July 07, 2016, 12:25:17 PM
 #2209

How safe is it?
It is not a bad to thing to buy Bitcoin at the moment because OI am sure that if you buy right now that you are going to make money with them.
So it is not going to hurt you but if you are not serious about it then do not do it.


Its always good to have 1 btc in your wallet but you cannot make huge profits from it as to earn higher profits in future I think you should hold at least 10 to  15 btc.
Yeah for now its better to wait for block halving because im sure we will see that the price will decrease more after block halving if they see that the price is hit at 700-900 value..
Even if it will only reach $900 this year that would already be a great improvement of bitcoin this year, we are just lucky that halving will happen this year so we should not this opportunity slip away.

$900 is a very good price to achieve and I am sure majority of the users will be satisfied to see that high price of bitcoin and that price will make people to sell their coins and collect some descent profits.
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July 07, 2016, 12:33:05 PM
 #2210

How safe is it?
It is not a bad to thing to buy Bitcoin at the moment because OI am sure that if you buy right now that you are going to make money with them.
So it is not going to hurt you but if you are not serious about it then do not do it.


Its always good to have 1 btc in your wallet but you cannot make huge profits from it as to earn higher profits in future I think you should hold at least 10 to  15 btc.
Yeah for now its better to wait for block halving because im sure we will see that the price will decrease more after block halving if they see that the price is hit at 700-900 value..
Even if it will only reach $900 this year that would already be a great improvement of bitcoin this year, we are just lucky that halving will happen this year so we should not this opportunity slip away.

$900 is a very good price to achieve and I am sure majority of the users will be satisfied to see that high price of bitcoin and that price will make people to sell their coins and collect some descent profits.
of course it is a great price i htink it would be good to buy on that price because it would surely have a potential to grow even more to a new all time high i think so its always good to buy bitcoins

 
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July 07, 2016, 01:44:08 PM
 #2211

How safe is it?
It is not a bad to thing to buy Bitcoin at the moment because OI am sure that if you buy right now that you are going to make money with them.
So it is not going to hurt you but if you are not serious about it then do not do it.


Its always good to have 1 btc in your wallet but you cannot make huge profits from it as to earn higher profits in future I think you should hold at least 10 to  15 btc.
Yeah for now its better to wait for block halving because im sure we will see that the price will decrease more after block halving if they see that the price is hit at 700-900 value..
Even if it will only reach $900 this year that would already be a great improvement of bitcoin this year, we are just lucky that halving will happen this year so we should not this opportunity slip away.

$900 is a very good price to achieve and I am sure majority of the users will be satisfied to see that high price of bitcoin and that price will make people to sell their coins and collect some descent profits.
of course it is a great price i htink it would be good to buy on that price because it would surely have a potential to grow even more to a new all time high i think so its always good to buy bitcoins
Yes and specially when it comes to long term investment it is a great decision to buy some bitcoins since it will increase considering current halving.

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July 07, 2016, 07:52:35 PM
 #2212

At the current rate of the bitcoin price drop, it is better to wait for at least a few days to buy the bitcoin.
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July 07, 2016, 08:27:49 PM
 #2213

Yes and specially when it comes to long term investment it is a great decision to buy some bitcoins since it will increase considering current halving.

Halving has nothing do with the price increase. If you are expecting a good price increase, expect whales to start another panic to increase the price. Right now they are behave and all price movements today are due to a normal trades.
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July 07, 2016, 09:05:39 PM
 #2214

At the current rate of the bitcoin price drop, it is better to wait for at least a few days to buy the bitcoin.

My guess exactly. the price will go lower the next coming days, this dump is not over. Caused by panic selling I expect the price to reach close to 550 if not lower.

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July 07, 2016, 09:18:51 PM
 #2215

Long term investing is very good because you can massive profits with it, the only difficulty is that you cannot know what the future brings.
I think that its still worth it to long term invest in the bitcoin even with this.
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July 07, 2016, 09:26:19 PM
 #2216

How safe is it?
It is not a bad to thing to buy Bitcoin at the moment because OI am sure that if you buy right now that you are going to make money with them.
So it is not going to hurt you but if you are not serious about it then do not do it.


Its always good to have 1 btc in your wallet but you cannot make huge profits from it as to earn higher profits in future I think you should hold at least 10 to  15 btc.
Yeah for now its better to wait for block halving because im sure we will see that the price will decrease more after block halving if they see that the price is hit at 700-900 value..
Even if it will only reach $900 this year that would already be a great improvement of bitcoin this year, we are just lucky that halving will happen this year so we should not this opportunity slip away.

yeah $900 will also be a bigger improvement in bitcoin  price this year as in the beginning the price of bitcoin was $375 and when it will reach at $900 then we will see a triple increase in the value of bitcoin which will be our lucky year.
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July 07, 2016, 09:38:37 PM
 #2217

How safe is it?
It is not a bad to thing to buy Bitcoin at the moment because OI am sure that if you buy right now that you are going to make money with them.
So it is not going to hurt you but if you are not serious about it then do not do it.


Its always good to have 1 btc in your wallet but you cannot make huge profits from it as to earn higher profits in future I think you should hold at least 10 to  15 btc.
Yeah for now its better to wait for block halving because im sure we will see that the price will decrease more after block halving if they see that the price is hit at 700-900 value..
Even if it will only reach $900 this year that would already be a great improvement of bitcoin this year, we are just lucky that halving will happen this year so we should not this opportunity slip away.

yeah $900 will also be a bigger improvement in bitcoin  price this year as in the beginning the price of bitcoin was $375 and when it will reach at $900 then we will see a triple increase in the value of bitcoin which will be our lucky year.
even the smallest growth not only 900 dollar would be really great i think because it would allow all the people to benefit a lot out  of bitcoins in my opinion, so it is a good investment to buy 1 bitcoin right now

 
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July 07, 2016, 10:07:02 PM
 #2218

At the current rate of the bitcoin price drop, it is better to wait for at least a few days to buy the bitcoin.

My guess exactly. the price will go lower the next coming days, this dump is not over. Caused by panic selling I expect the price to reach close to 550 if not lower.
Its not a problem that the price of bitcoin is decrease these days.. we have still have time to sell bitcoin if you are panic too to sell but honestly i have no plan to sell because i am waiting for block halving if what will happen..
I will stay holding because we know bitcoin is a long term investment..

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July 07, 2016, 10:11:02 PM
 #2219

At the current rate of the bitcoin price drop, it is better to wait for at least a few days to buy the bitcoin.

My guess exactly. the price will go lower the next coming days, this dump is not over. Caused by panic selling I expect the price to reach close to 550 if not lower.
Its not a problem that the price of bitcoin is decrease these days.. we have still have time to sell bitcoin if you are panic too to sell but honestly i have no plan to sell because i am waiting for block halving if what will happen..
I will stay holding because we know bitcoin is a long term investment..
thats true, it is really good to invest right now because the price is going to increase a lot in the near future because a lot of people will be buying after the halving event

 
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July 08, 2016, 01:31:42 AM
 #2220

How safe is it?

It is not safe to invest in bitcoin in long term. There is a possibility that it will have a major price deflation then you will get bankrupt. Bitcoin in longterm must also be monitored regularly to avoid losing. Without constant monitoring your hard earned bitcoins will be place in peril. So long term plus a daily monitoring on the price of bitcoin is necessary to secure the safety and income from your investment.
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