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Prohodimec
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October 06, 2016, 04:51:59 PM |
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If we are to base our decision on the past performance of bitcoin, then I think that it is a good thing to buy a bitcoin for long term holding. On the average, bitcoin increases by at least 20% annually. That figure is no joke and it is as if you could double your money in just 5 years.
20% a year is no joke, how many investments can give you that rate of return with as little effort, very few I guess and that does not take into account that you can invest those bitcoins too and compound your winnings. It is definitely not a joke however it is still much better to have an income that comes from an investment that could provide you with some steady increment. Bitcoin is not really something that provide that let alone when the price actually goes down lower I just want to clarify that all types of investment are not going to give you steady increment income. Because just like the price of bitcoin has fluctuation, investments does it have too whether you are going to have your own real business or bitcoin investment. But I guess if bitcoin is going to keep increasing that is going to give us stable investment. There is not such a thing as a steady investment or business, there are ups and downs, high and lows, as long as you can take the ride its fine, besides even if you get a job and you consider it a stable position, that is simply not true, you could get fired, the business can close its doors, etc. Yeah and if anyone is expecting stable income from bitcoin then it will never happen as its difficult to believe that price of bitcoin will ever get stable in future. Therefore, we must be able to sell Bitcoin at a time when the price has not risen |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Blitzboy
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October 06, 2016, 05:20:58 PM |
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I think it is never too late to buy bitcoin even if its price reachs 1000$. As you know, bitcoin is getting more and more popular so its price will continue to increase over year and year. I suggest you should buy some for yourself and keep it in your wallet and wait for its price to go up
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JessicaSe
Legendary
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Activity: 840
Merit: 1000
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October 06, 2016, 05:27:09 PM |
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I think it is never too late to buy bitcoin even if its price reachs 1000$. As you know, bitcoin is getting more and more popular so its price will continue to increase over year and year. I suggest you should buy some for yourself and keep it in your wallet and wait for its price to go up
Any time is a good time to buy bitcoins and if you can hold them for a long term then this is the best time to buy bitcoins as everyone is hoping to see 4 digit price by the end of the year. |
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Galiatram
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October 07, 2016, 02:09:56 AM |
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I think it is never too late to buy bitcoin even if its price reachs 1000$. As you know, bitcoin is getting more and more popular so its price will continue to increase over year and year. I suggest you should buy some for yourself and keep it in your wallet and wait for its price to go up
Any time is a good time to buy bitcoins and if you can hold them for a long term then this is the best time to buy bitcoins as everyone is hoping to see 4 digit price by the end of the year. I think that that is not true because this time the bitcoin is pretty high and if you are buying them now you are doing it with a high amount. I would wait for a lower amount.. |
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ipanks
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October 07, 2016, 02:17:22 AM |
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i think its a good long term investment if you buy 1 btc today but i suggested if you have more money, i think you need to buy more btc like 3-5 btc so the profit that you will get will be increase.
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yolanda222
Legendary
Offline
Activity: 1190
Merit: 1013
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October 07, 2016, 02:28:29 AM |
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i think its a good long term investment if you buy 1 btc today but i suggested if you have more money, i think you need to buy more btc like 3-5 btc so the profit that you will get will be increase.
If we have enough funds to get 3-5 btc it's a good idea , but due by limited of funds if you have 1 btc it's still good and make sure you can managing your money in a good thing and avoid the greedy habit. |
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Adaleon
Member
Offline
Activity: 114
Merit: 10
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October 07, 2016, 02:58:35 AM |
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In my eyes it can be a good option but if you really want my advise I would just wait on a better price and not just go for a long term with just one bitcoin, its not smart you should do it with more bitcoins.
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jaysabi
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Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
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October 07, 2016, 03:11:32 AM |
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1 btc is not likely to make a significant impact long term. With any investment, you have to ask yourself what it is about the investment that is going to make it worth more in the future. When you invest in a business, it is the business becoming more valuable over time and producing more profits that make the initial investment worth more. With bitcoin, which does not itself generate any profit, you have to hope that everyone else is going to think bitcoin is worth more in the future, because that's the only thing that makes the value of bitcoin go up.
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AlexBits
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October 07, 2016, 03:50:40 AM |
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Yes I even think its very good to long term invest in the bitcoin because it has a good future and its without any doubts worth investing in the bitcoin at anytime nowadays.
You should not ruin your chance right now!
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extrabyte
Legendary
Offline
Activity: 840
Merit: 1000
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October 07, 2016, 03:56:07 AM |
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Not 100% sure but if you have some extra money for investemenmt then yes buying 1btc is not a bad investement at all because its pretty much sure that the price of bitcoin will gradually increase in future and it depends how much you can hold it.But dont expect a huge profit from holding 1bitcoin.
buying 1 bitcoin will be even better if you have some other reason. like to invest it or to make a product or project like a website, an altcoin etc with that. buying bitcoin just for holding at current time is not preferred. bitcoin price may increase but it won't increase that much that you should freeze 600$ for this. |
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Golftech
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October 07, 2016, 04:04:57 AM |
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i think its a good long term investment if you buy 1 btc today but i suggested if you have more money, i think you need to buy more btc like 3-5 btc so the profit that you will get will be increase.
If we have enough funds to get 3-5 btc it's a good idea , but due by limited of funds if you have 1 btc it's still good and make sure you can managing your money in a good thing and avoid the greedy habit. money management especially when you are in trade is something that you need to practice it will bring more earnings if you can control it properly 1btc might be enough to earn day by day. good luck |
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agustina2
Legendary
Offline
Activity: 2436
Merit: 1008
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October 07, 2016, 04:25:38 AM |
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i think its a good long term investment if you buy 1 btc today but i suggested if you have more money, i think you need to buy more btc like 3-5 btc so the profit that you will get will be increase.
If we have enough funds to get 3-5 btc it's a good idea , but due by limited of funds if you have 1 btc it's still good and make sure you can managing your money in a good thing and avoid the greedy habit. money management especially when you are in trade is something that you need to practice it will bring more earnings if you can control it properly 1btc might be enough to earn day by day. good luck In every investment, money management is really important. So in trades, it's really matters too. Without it, we are just adding more risk in our trading funds. We all know that price volatility is the main risk of doing trades so somehow don't make it more worst byy doing unproper handling of our funds. |
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goldcoinminer
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October 07, 2016, 06:38:33 AM |
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i think its a good long term investment if you buy 1 btc today but i suggested if you have more money, i think you need to buy more btc like 3-5 btc so the profit that you will get will be increase.
If we have enough funds to get 3-5 btc it's a good idea , but due by limited of funds if you have 1 btc it's still good and make sure you can managing your money in a good thing and avoid the greedy habit. money management especially when you are in trade is something that you need to practice it will bring more earnings if you can control it properly 1btc might be enough to earn day by day. good luck In every investment, money management is really important. So in trades, it's really matters too. Without it, we are just adding more risk in our trading funds. We all know that price volatility is the main risk of doing trades so somehow don't make it more worst byy doing unproper handling of our funds. Exactly, because there are factors that you need to consider and money management is one of the key to success, with your 1 BTC you need to manage that very well in order for you to succeed in trading. But if you will just invest that for long term, you will still profit but you cannot maximize your earnings. |
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rik3
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October 07, 2016, 09:17:41 AM |
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How safe is it?
According To me Its Not Safe to Invest Your Money Into Bitcoin For Long Term Because Bitcoin Price is Not Stable And You Can Lose Your Whole Capital If the Price Crashes..... According to me Instead Of Investing Your Money In Btc For Long Invest it For Short Term So You Can Hope To Make Some Profit..... |
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yolanda222
Legendary
Offline
Activity: 1190
Merit: 1013
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October 07, 2016, 10:22:06 AM |
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How safe is it?
According To me Its Not Safe to Invest Your Money Into Bitcoin For Long Term Because Bitcoin Price is Not Stable And You Can Lose Your Whole Capital If the Price Crashes..... According to me Instead Of Investing Your Money In Btc For Long Invest it For Short Term So You Can Hope To Make Some Profit..... But for me , although bitcoin's price is unpredictable and seems fluctuate holding in long-term is good. Just often check the bitcoin's price and if you think you can get profit you can sell it afterwards and buy it again if reach your preferred prices. |
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eddyubachs
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October 07, 2016, 11:34:47 AM |
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How safe is it?
According To me Its Not Safe to Invest Your Money Into Bitcoin For Long Term Because Bitcoin Price is Not Stable And You Can Lose Your Whole Capital If the Price Crashes..... According to me Instead Of Investing Your Money In Btc For Long Invest it For Short Term So You Can Hope To Make Some Profit..... But for me , although bitcoin's price is unpredictable and seems fluctuate holding in long-term is good. Just often check the bitcoin's price and if you think you can get profit you can sell it afterwards and buy it again if reach your preferred prices. Buying and selling on regular basis is the best way to play with your coins instead of holding them for long term as we don't know that holding will be profitable for us or not as it will totally depend on the price in future. |
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Ziskinberg
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October 07, 2016, 12:06:20 PM |
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How safe is it?
According To me Its Not Safe to Invest Your Money Into Bitcoin For Long Term Because Bitcoin Price is Not Stable And You Can Lose Your Whole Capital If the Price Crashes..... According to me Instead Of Investing Your Money In Btc For Long Invest it For Short Term So You Can Hope To Make Some Profit..... But for me , although bitcoin's price is unpredictable and seems fluctuate holding in long-term is good. Just often check the bitcoin's price and if you think you can get profit you can sell it afterwards and buy it again if reach your preferred prices. Buying and selling on regular basis is the best way to play with your coins instead of holding them for long term as we don't know that holding will be profitable for us or not as it will totally depend on the price in future. You have to be a day trader to be able for you to grow your money easily, there are a lot of technique to make money doing trading and all you have to do is just to educate yourself and you can start earning. |
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JumperX
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October 07, 2016, 12:12:14 PM |
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How safe is it?
According To me Its Not Safe to Invest Your Money Into Bitcoin For Long Term Because Bitcoin Price is Not Stable And You Can Lose Your Whole Capital If the Price Crashes..... According to me Instead Of Investing Your Money In Btc For Long Invest it For Short Term So You Can Hope To Make Some Profit..... But for me , although bitcoin's price is unpredictable and seems fluctuate holding in long-term is good. Just often check the bitcoin's price and if you think you can get profit you can sell it afterwards and buy it again if reach your preferred prices. Buying and selling on regular basis is the best way to play with your coins instead of holding them for long term as we don't know that holding will be profitable for us or not as it will totally depend on the price in future. You have to be a day trader to be able for you to grow your money easily, there are a lot of technique to make money doing trading and all you have to do is just to educate yourself and you can start earning. Trading is the best way to make regular profits and it will also help in growing your coins in long run, so if you are buying 1 btc then it should be invested in altcoin trading to make good profits. |
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Zooplus
Legendary
Offline
Activity: 1106
Merit: 1000
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October 07, 2016, 12:13:47 PM |
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How safe is it?
According To me Its Not Safe to Invest Your Money Into Bitcoin For Long Term Because Bitcoin Price is Not Stable And You Can Lose Your Whole Capital If the Price Crashes..... According to me Instead Of Investing Your Money In Btc For Long Invest it For Short Term So You Can Hope To Make Some Profit..... But for me , although bitcoin's price is unpredictable and seems fluctuate holding in long-term is good. Just often check the bitcoin's price and if you think you can get profit you can sell it afterwards and buy it again if reach your preferred prices. Buying and selling on regular basis is the best way to play with your coins instead of holding them for long term as we don't know that holding will be profitable for us or not as it will totally depend on the price in future. You have to be a day trader to be able for you to grow your money easily, there are a lot of technique to make money doing trading and all you have to do is just to educate yourself and you can start earning. Trading is the best way to make regular profits and it will also help in growing your coins in long run, so if you are buying 1 btc then it should be invested in altcoin trading to make good profits. By saying regular profits would mean that you are really good in trading, I believe you can only make regular income in trading if you have master it already and since trading does not limit your earnings, maybe you should invest more for your capital and quit your job to focus in trading alone. |
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greBit
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October 07, 2016, 01:38:50 PM |
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How safe is it?
According To me Its Not Safe to Invest Your Money Into Bitcoin For Long Term Because Bitcoin Price is Not Stable And You Can Lose Your Whole Capital If the Price Crashes..... According to me Instead Of Investing Your Money In Btc For Long Invest it For Short Term So You Can Hope To Make Some Profit..... But for me , although bitcoin's price is unpredictable and seems fluctuate holding in long-term is good. Just often check the bitcoin's price and if you think you can get profit you can sell it afterwards and buy it again if reach your preferred prices. Buying and selling on regular basis is the best way to play with your coins instead of holding them for long term as we don't know that holding will be profitable for us or not as it will totally depend on the price in future. You have to be a day trader to be able for you to grow your money easily, there are a lot of technique to make money doing trading and all you have to do is just to educate yourself and you can start earning. Trading is the best way to make regular profits and it will also help in growing your coins in long run, so if you are buying 1 btc then it should be invested in altcoin trading to make good profits. By saying regular profits would mean that you are really good in trading, I believe you can only make regular income in trading if you have master it already and since trading does not limit your earnings, maybe you should invest more for your capital and quit your job to focus in trading alone. People are earning a living from trading but they have invested huge capital in it which allows them to make good profits even from a small fluctuation. |
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