JessicaSe
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Activity: 840
Merit: 1000
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October 01, 2016, 06:39:29 PM |
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I have more then 1 btc in my wallet and I have never bought them but have only earned them in various ways, as I have day job so I will prefer to hold them for a long term to get higher benefits.
That is the only way that I am thinking about too by just keep on holding it you are going to have the chance of having a long term investment by just simply holding it. And it is going to depend on how much you are holding, if you can't avail to buy one whole bitcoin that is fine as long as you have holding bitcoins for your future purpose. People who are only earning in bitcoins and is the only source of their income will never prefer to hold them for a long term as their main concern would be to make quick profits in quick time. |
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katiecbell
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October 01, 2016, 08:29:17 PM |
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Bitcoin is not a good investment. It might be a fine gamble, but it's purely speculative. An investment would be better served in a business that generates a profit. That's what causes stock prices to go up, businesses becoming more profitable as they grow. Bitcoin becomes more valuable if more people think it's more valuable than before. It's very arbitrary, and arbitrary is not what you should be looking for in your investments.
It is true what you say, but basically the bitcoin appeared to give an advantage to us, so if we have a good enough money then it would be better used for investment in the bitcoin. because the price of the bitcoin is unstable and it can be used very well when we want to do it 1 btc is always a good amount to have in our wallet, but I won't prefer to simply hold it for long term but if I have 1 btc then I will start trading altcoins with it to take my volume of coins to higher level. You are a trader that is why you will like to start trading with your bitcoins as all the traders do and earn a good income but those people who do not know about trade they do not have to start trade especially in altcoin about which no one know that how will be their future. |
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JessicaSe
Legendary
Offline
Activity: 840
Merit: 1000
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October 02, 2016, 08:39:16 AM |
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Bitcoin is not a good investment. It might be a fine gamble, but it's purely speculative. An investment would be better served in a business that generates a profit. That's what causes stock prices to go up, businesses becoming more profitable as they grow. Bitcoin becomes more valuable if more people think it's more valuable than before. It's very arbitrary, and arbitrary is not what you should be looking for in your investments.
It is true what you say, but basically the bitcoin appeared to give an advantage to us, so if we have a good enough money then it would be better used for investment in the bitcoin. because the price of the bitcoin is unstable and it can be used very well when we want to do it 1 btc is always a good amount to have in our wallet, but I won't prefer to simply hold it for long term but if I have 1 btc then I will start trading altcoins with it to take my volume of coins to higher level. You are a trader that is why you will like to start trading with your bitcoins as all the traders do and earn a good income but those people who do not know about trade they do not have to start trade especially in altcoin about which no one know that how will be their future. If you don't have any knowledge of trading then its better to hold them for future without doing any experiment with it or else you will surely go through losses. |
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23dzmaz
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October 02, 2016, 09:02:44 AM |
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I think it's good for investing your money into bitcoin. I predict the price of bitcoin will increase until the end of the year, but for long term investment like until 2017, i'm not recommend it.
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KingdomHearts
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October 02, 2016, 09:10:00 AM |
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I have more then 1 btc in my wallet and I have never bought them but have only earned them in various ways, as I have day job so I will prefer to hold them for a long term to get higher benefits.
Yeah i also never buy bitcoin , i also earned bitcoin through trading and online task and you are right that if we hold our bitcoin for long term then we get higher profit from bitcoin and i think its right time to hold our bitcoin for long term i hope it will be beneficial for us. |
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Corenin
Legendary
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Activity: 1008
Merit: 1000
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October 02, 2016, 09:12:49 AM |
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I have more then 1 btc in my wallet and I have never bought them but have only earned them in various ways, as I have day job so I will prefer to hold them for a long term to get higher benefits.
Yeah i also never buy bitcoin , i also earned bitcoin through trading and online task and you are right that if we hold our bitcoin for long term then we get higher profit from bitcoin and i think its right time to hold our bitcoin for long term i hope it will be beneficial for us. Yes I think its good time to buy some coins as price is not too high at a moment and if you can manage to have more then 1 btc then it will be more profitable as price is expected to rise in future. |
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terman45x
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October 02, 2016, 09:38:18 AM |
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How safe is it?
It is not safe at all as we can't predict what price there will be in future, we can just predict, and i personally think that price will rise as more people buys bitcoins Yeah if adoption goes to higher level in future then it will have positive impact on the price of bitcoin and at a moment the users of bitcoin are increasing so I think we can afford to take risk to buy 1 btc. |
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Capradina
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October 02, 2016, 09:43:48 AM |
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How safe is it?
It is not safe at all as we can't predict what price there will be in future, we can just predict, and i personally think that price will rise as more people buys bitcoins Yeah if adoption goes to higher level in future then it will have positive impact on the price of bitcoin and at a moment the users of bitcoin are increasing so I think we can afford to take risk to buy 1 btc. Yeah it's something very simple, something that will happen if reality indeed users bitcoin increase and also the growing number of adopters to do so. Simple sum total of bitcoin approximately 300 k of BTC, if most of the world's population is using bitcoin then 300 k bTC will not suffice, so inevitably the price will go up bitcoin |
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mishra1994u
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October 02, 2016, 09:45:37 AM |
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I think it's good for investing your money into bitcoin. I predict the price of bitcoin will increase until the end of the year, but for long term investment like until 2017, i'm not recommend it.
Yes its predited that the price will increase a bit more till the end of year but i will not recommend it because nothing can be said about bitcoin and till then 1 btc can be used for a much better investement.But year every one has different views and plans. |
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fkvidar
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October 02, 2016, 10:08:11 AM |
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I think it's good for investing your money into bitcoin. I predict the price of bitcoin will increase until the end of the year, but for long term investment like until 2017, i'm not recommend it.
Yes its predited that the price will increase a bit more till the end of year but i will not recommend it because nothing can be said about bitcoin and till then 1 btc can be used for a much better investement.But year every one has different views and plans. Investing in buying 1 btc is not a huge risk as we know that bitcoin will not disappear so easily and even if price falls in coming months then we can afford to hold them for a long term. |
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mirakal
Legendary
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Activity: 3122
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
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October 02, 2016, 10:16:20 AM |
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I think it's good for investing your money into bitcoin. I predict the price of bitcoin will increase until the end of the year, but for long term investment like until 2017, i'm not recommend it.
Yes its predited that the price will increase a bit more till the end of year but i will not recommend it because nothing can be said about bitcoin and till then 1 btc can be used for a much better investement.But year every one has different views and plans. Investing in buying 1 btc is not a huge risk as we know that bitcoin will not disappear so easily and even if price falls in coming months then we can afford to hold them for a long term. 1 BTC could not be risky for you because you can afford to lose it but for others that amount can be very big and would affect them financially if they will invest it with bitcoin, it's true that bitcoin has a solid market and the future is good but the risk is still their so it is just right to invest what we can just afford. |
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JumperX
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October 02, 2016, 12:13:22 PM |
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I think it's good for investing your money into bitcoin. I predict the price of bitcoin will increase until the end of the year, but for long term investment like until 2017, i'm not recommend it.
Yes its predited that the price will increase a bit more till the end of year but i will not recommend it because nothing can be said about bitcoin and till then 1 btc can be used for a much better investement.But year every one has different views and plans. Investing in buying 1 btc is not a huge risk as we know that bitcoin will not disappear so easily and even if price falls in coming months then we can afford to hold them for a long term. 1 BTC could not be risky for you because you can afford to lose it but for others that amount can be very big and would affect them financially if they will invest it with bitcoin, it's true that bitcoin has a solid market and the future is good but the risk is still their so it is just right to invest what we can just afford. Yes for some people 1 btc is a really huge amount, especially for those who are making efforts in earning them and would know the real value of 1 btc as most of them would not be holding that amount. |
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betohell
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October 02, 2016, 12:47:34 PM |
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Bitcoin is not a good investment. It might be a fine gamble, but it's purely speculative. An investment would be better served in a business that generates a profit. That's what causes stock prices to go up, businesses becoming more profitable as they grow. Bitcoin becomes more valuable if more people think it's more valuable than before. It's very arbitrary, and arbitrary is not what you should be looking for in your investments.
It is true what you say, but basically the bitcoin appeared to give an advantage to us, so if we have a good enough money then it would be better used for investment in the bitcoin. because the price of the bitcoin is unstable and it can be used very well when we want to do it 1 btc is always a good amount to have in our wallet, but I won't prefer to simply hold it for long term but if I have 1 btc then I will start trading altcoins with it to take my volume of coins to higher level. what if you do not have 1 BTC. is it you're going to buy it now or wait until prices come back down? but I think that the current price is not too high? You can buy it now |
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Noctis Connor
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October 02, 2016, 12:51:11 PM |
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I think 1 btc would not be sufficient for the future to make huge profits as we don't know what price bitcoin will hold in future so its better to have more number of coins to make good money.
And someone can use that 1 bitcoin to generate more coins by investing it in altcoin trading or something like that which can grow his 1 bitcoin even more with the time, he should keep saving the profits and let the 1 bitcoin rolling as the capital and in that way he would have way more in future if the price grows to a reasonable price. i can't believe that he can just make profit 1 bitcoin by just investing in ico or any altcoin , first his a newbie in term of investing and trading he should learn more about the mechanics about how the investment works sometimes we don't really understand what we are doing then lose money. |
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SquallLeonhart
Legendary
Offline
Activity: 2338
Merit: 1101
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October 02, 2016, 01:11:20 PM |
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Bitcoin is not a good investment. It might be a fine gamble, but it's purely speculative. An investment would be better served in a business that generates a profit. That's what causes stock prices to go up, businesses becoming more profitable as they grow. Bitcoin becomes more valuable if more people think it's more valuable than before. It's very arbitrary, and arbitrary is not what you should be looking for in your investments.
It is true what you say, but basically the bitcoin appeared to give an advantage to us, so if we have a good enough money then it would be better used for investment in the bitcoin. because the price of the bitcoin is unstable and it can be used very well when we want to do it 1 btc is always a good amount to have in our wallet, but I won't prefer to simply hold it for long term but if I have 1 btc then I will start trading altcoins with it to take my volume of coins to higher level. what if you do not have 1 BTC. is it you're going to buy it now or wait until prices come back down? but I think that the current price is not too high? You can buy it now Agreed the price of bitcoin is at descent level at a moment and if we buy we would surely not regret in future as the price will be much higher in coming years which can give us good profits. |
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Kvazimoda
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October 02, 2016, 05:39:53 PM |
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Some forecasts say it will increase bitcoints. So now there is still little sense to buy a BTC
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naidray
Legendary
Offline
Activity: 1232
Merit: 1029
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October 02, 2016, 06:31:27 PM |
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Bitcoin is not a good investment. It might be a fine gamble, but it's purely speculative. An investment would be better served in a business that generates a profit. That's what causes stock prices to go up, businesses becoming more profitable as they grow. Bitcoin becomes more valuable if more people think it's more valuable than before. It's very arbitrary, and arbitrary is not what you should be looking for in your investments.
It is true what you say, but basically the bitcoin appeared to give an advantage to us, so if we have a good enough money then it would be better used for investment in the bitcoin. because the price of the bitcoin is unstable and it can be used very well when we want to do it 1 btc is always a good amount to have in our wallet, but I won't prefer to simply hold it for long term but if I have 1 btc then I will start trading altcoins with it to take my volume of coins to higher level. you don't have to tie yourself to have 1btc just for holding purposes. alongside that, you can also have a seperate balance that you can use for trading purposes. that's also how i work. i have for each purpose a seperate balance. that way i can benefit from many aspects such as long term holding, short term holding, trading, and the list goes on. If a person hold lower amount or larger amount he wil get the benefit as we all know that the price of bitcoin increases and the increase is not like other assets but it increases much faster and when a rise up starts we see the price increase to double up our money so any person having some bitcoin at least for a year will see his money to double up. |
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Osarman
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October 02, 2016, 07:46:58 PM |
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How safe is it?
It is not safe at all as we can't predict what price there will be in future, we can just predict, and i personally think that price will rise as more people buys bitcoins Yeah if adoption goes to higher level in future then it will have positive impact on the price of bitcoin and at a moment the users of bitcoin are increasing so I think we can afford to take risk to buy 1 btc. you are right that bitcoin adoption are going to higher level and people going to buy bitcoin day by day and then hold it for high price because they surely know that price will be go to high value and bitcoin price is really going to higher value each day. |
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sana54210
Legendary
Offline
Activity: 3192
Merit: 1128
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October 02, 2016, 07:50:15 PM |
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Bitcoin is not a good investment. It might be a fine gamble, but it's purely speculative. An investment would be better served in a business that generates a profit. That's what causes stock prices to go up, businesses becoming more profitable as they grow. Bitcoin becomes more valuable if more people think it's more valuable than before. It's very arbitrary, and arbitrary is not what you should be looking for in your investments.
It is true what you say, but basically the bitcoin appeared to give an advantage to us, so if we have a good enough money then it would be better used for investment in the bitcoin. because the price of the bitcoin is unstable and it can be used very well when we want to do it 1 btc is always a good amount to have in our wallet, but I won't prefer to simply hold it for long term but if I have 1 btc then I will start trading altcoins with it to take my volume of coins to higher level. Trading is other thing but here OP is trying to know about the reliability of bitcoin and for him I will say that yes he can trust on bitcoin for more longer bitcoin is a reliable currency and not only for 1 year but he can keep his coin for even more longer and the more OP will wait the more he will get the chance of profit. |
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jaysabi
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Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
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October 02, 2016, 08:38:17 PM |
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The streak of bitcoin being "reliable" is extremely short, only a matter of a few months. Prior to the previous halving, bitcoin's entire history was one of extreme volatility and a complete lack of stability. We're still too close to that instability to view the present as anything other than an exception to the rule, not the new normal.
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