Is it a good long term investment to buy 1 BTC today?

[bones261]

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.

If buying 1 BTC is enough to bankrupt someone, they should probably use the fiat to pay for food, shelter and clothes. instead. A $650 loss should be able to be handled by anyone not living from hand to mouth, or already deeply in debt.

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[Schuyler]

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.

If you are only investing a small amount, then there is not much to lose. Over the years, we have seen how the price has fluctuated. We have seen the price go as high as $1000 and plummet to a low as $200. But as the years go by, I think bitcoin would slowly stabilize, which actually makes it a good long term investment.

[chineseprancing]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

[Hatuferu]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

[Dobmaster]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

[Sled]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

[tampazeus]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Why you want to invest your money in bitcoin if you have an opportunity to earn it, you can earn it in multiple ways and whatever you earn save it for future, and hard work definitely pays.

[yugo23]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

[fkvidar]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

Yeah, 1 btc is not high amount that can give us higher profits, as we cannot expect that price will reach to the moon in future, you need to have some more coins to have good life in future.

[praprata]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

In some countries 1 BTC is more then a month income, so yes getting 2/3 months salary is a big change for them, since the prices of consumption are very low.
For us western it's at most half of the rent.

[saiha]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

Yeah, 1 btc is not high amount that can give us higher profits, as we cannot expect that price will reach to the moon in future, you need to have some more coins to have good life in future.

Yes exactly, 1 bitcoin is not enough if you are going to plan for a long term investment. But if you are planning to invest for a short term investment then 1 bitcoin is already enough.
But I think it is better to add up up to 10 bitcoins for long term investments.

[JessicaSe]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

In some countries 1 BTC is more then a month income, so yes getting 2/3 months salary is a big change for them, since the prices of consumption are very low.
For us western it's at most half of the rent.

Yes and if the cost of living is low then 1 btc can also take best care of an individual but if he have and responsibility of a family then 1 btc won't be sufficient.

[saiha]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

In some countries 1 BTC is more then a month income, so yes getting 2/3 months salary is a big change for them, since the prices of consumption are very low.
For us western it's at most half of the rent.

Yes and if the cost of living is low then 1 btc can also take best care of an individual but if he have and responsibility of a family then 1 btc won't be sufficient.

1 bitcoin is not really sufficient if you have a family and for a long term investment that is really not enough at all.
But if you are going to hold it that's better but not really going to give you good profit if only 1 bitcoin.

[terman45x]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

In some countries 1 BTC is more then a month income, so yes getting 2/3 months salary is a big change for them, since the prices of consumption are very low.
For us western it's at most half of the rent.

Yes and if the cost of living is low then 1 btc can also take best care of an individual but if he have and responsibility of a family then 1 btc won't be sufficient.

1 bitcoin is not really sufficient if you have a family and for a long term investment that is really not enough at all.
But if you are going to hold it that's better but not really going to give you good profit if only 1 bitcoin.

Yes and I think 1 btc can be helpful if you need money in case of emergencies as you can sell it any time you want but expecting too good life from 1 btc is not possible.

[tabas]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

In some countries 1 BTC is more then a month income, so yes getting 2/3 months salary is a big change for them, since the prices of consumption are very low.
For us western it's at most half of the rent.

Yes and if the cost of living is low then 1 btc can also take best care of an individual but if he have and responsibility of a family then 1 btc won't be sufficient.

1 bitcoin is not really sufficient if you have a family and for a long term investment that is really not enough at all.
But if you are going to hold it that's better but not really going to give you good profit if only 1 bitcoin.

Yes and I think 1 btc can be helpful if you need money in case of emergencies as you can sell it any time you want but expecting too good life from 1 btc is not possible.

But the title ask if 1 bitcoin is good for long term investment. It doesn't ask if 1 bitcoin is good in case of emergency.
For sure it is going to be good in case of emergency but for a long term investment I'm 50/50 on it.
Not sure if it is really good or not.

[umaOuma]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

In some countries 1 BTC is more then a month income, so yes getting 2/3 months salary is a big change for them, since the prices of consumption are very low.
For us western it's at most half of the rent.

Yes and if the cost of living is low then 1 btc can also take best care of an individual but if he have and responsibility of a family then 1 btc won't be sufficient.

1 bitcoin is not really sufficient if you have a family and for a long term investment that is really not enough at all.
But if you are going to hold it that's better but not really going to give you good profit if only 1 bitcoin.

Yes and I think 1 btc can be helpful if you need money in case of emergencies as you can sell it any time you want but expecting too good life from 1 btc is not possible.

But the title ask if 1 bitcoin is good for long term investment. It doesn't ask if 1 bitcoin is good in case of emergency.
For sure it is going to be good in case of emergency but for a long term investment I'm 50/50 on it.
Not sure if it is really good or not.

It will depend on what price bitcoin holds in future, if the price in millions then even 1 btc is enough for luxury life, but that is unlikely to happen so its better as many as possible.

[Sled]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

Yeah i'm from a poor country called philippines. 1 bitcoin is enough for us filipinos to have an average life in our country because in that amount (1 bitcoin) is too much for us because in that amount we can pay our monthly bills and have a good food in our dinner and also buy the other things that we want. Don't underestimate 1 bitcoin because in other people like us it's kind of good amount .

[tabas]

Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.

10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit.

I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise.

That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin .

Hmm...

Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries.
I mean, having 1 btc won't change your life in any way!

Yeah i'm from a poor country called philippines. 1 bitcoin is enough for us filipinos to have an average life in our country because in that amount (1 bitcoin) is too much for us because in that amount we can pay our monthly bills and have a good food in our dinner and also buy the other things that we want. Don't underestimate 1 bitcoin because in other people like us it's kind of good amount .

I'm from Philippines too and I would say that 1 bitcoin is already enough to have a good investment. But I think it is going to depend on the person who is going to manage that amount.
It can possibly grow and going to be in a long term investment but possibility of falling also is there.

[Tanic]

1 BTC is nothing. i would suggest you to buy at least 10 BTC and that is gonna be good investment to you. I heard good predictions about bitcoin. And in nearly future there is an oportunety to you double that money or even more than just double.

[agustina2]

Yeah i'm from a poor country called philippines. 1 bitcoin is enough for us filipinos to have an average life in our country because in that amount (1 bitcoin) is too much for us because in that amount we can pay our monthly bills and have a good food in our dinner and also buy the other things that we want. Don't underestimate 1 bitcoin because in other people like us it's kind of good amount .

Im from Philippines too but that is not the point. Yes 1btc is enough for us but if you take it for a long duration of investment that is not enough. The topic is about investment and that will exclude your concern. Yes you will make profit out of that 1btc but let's have a wise move here. Waiting for 1 year is really long so make your wait really worth it. $500 or $800 earnings a year is really a joke.