Denker
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Merit: 1016
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November 29, 2015, 09:26:23 PM |
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I have been buying 0.01 BTC each day for the last month and during this time i have seen a jump of around 10%, its really quite amazing how quickly the bitcoin price fluctuates,
So i am asking Is it worth buying bitcoin for future investment ?
Should i continue buying my 0.01 BTC daily, whats your opinions
That is a decision you have to make on your own. No one here knows what will happen in the future. So we are all gamblers here. But we also believe in the future of this wonderful technology and see the potential it has. Inform yourself as much as possible about Bitcoin and crypto currencies in general. There are so many sources which you can use for that. And then decide on your own.Only invest money what you can afford to lose.That is the most important rule!!
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btcxyzzz
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Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
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November 29, 2015, 09:51:57 PM |
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Should i continue buying my 0.01 BTC daily, whats your opinions
That's ridiculous amount. You won't become rich that way. Buy more.
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Wilhelm
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Activity: 1652
Merit: 1265
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November 29, 2015, 10:04:13 PM |
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Only as a long term investment. Need the money don't buy.
Waiting for a price increase is not that good. Imagine someone bought at 900$, now the price is 300$, how much more will he wait and how can you be sure the price will go higher than 900? If you look at bitcoin as a five to ten year investment you can make quite some profit or loss. Thats why its an investment. Imagine someone buying at <$1 and buying a pizza....
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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inget
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Merit: 10
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November 29, 2015, 10:30:49 PM |
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I agree with the sentiment of this poll.
For the long term it is profitable, for the short terms it is too unstable yet.
We need more stability and less pump & dumps. People buying high and seeing the price go down, are getting scared.
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Mickeyb
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November 29, 2015, 10:46:45 PM |
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Yes it is worth it! I strongly believe in Bitcoin and I think this is a next big technological break through! The one thing you should keep in mind that it will take a while until technology doesn't develop, so don't expect the miracles. It will take at least 4-5 years in my opinion.
Second think that you need to keep in mind is that you need to invest what you can live without for these next 4-5 years.
Cheers!
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n691309
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Merit: 1001
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November 29, 2015, 10:54:29 PM |
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I voted yes and seems that 90% of voters think like me. Bitcoin is a good investment also economists suggest a small Bitcoin reserve.
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sirohige
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November 29, 2015, 11:01:52 PM |
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Only as a long term investment. Need the money don't buy.
Waiting for a price increase is not that good. Imagine someone bought at 900$, now the price is 300$, how much more will he wait and how can you be sure the price will go higher than 900? if im buy at $900 and now price $350 i think i will waiting 1year again, if price still falling, i will sell all and cut lose that is better than im waiting price comeback to $900 again in investment we must determine the destination before we start it, maybe 1year, 2year , 3 year or maybe you can set your goal at price +200%
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shamati
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November 30, 2015, 02:34:56 AM |
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I have been buying 0.01 BTC each day for the last month and during this time i have seen a jump of around 10%, its really quite amazing how quickly the bitcoin price fluctuates,
So i am asking Is it worth buying bitcoin for future investment ?
Should i continue buying my 0.01 BTC daily, whats your opinions
Can be. Better? Buy more.
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Amph
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Activity: 3248
Merit: 1070
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November 30, 2015, 09:12:58 AM |
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Should i continue buying my 0.01 BTC daily, whats your opinions
That's ridiculous amount. You won't become rich that way. Buy more. it's a good amount actually, he said daily, it's mean 0.33 monthly, and in 7 months before the halving, those are above two btc, if the price skyrocket there will be a good gain out of it and maybe he does not have enough money for buying more, 0.33 per month it's already 130, for an average joe and in some countries this is too much already
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ThunderThomas
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fastdice.com The Worlds Fastest Bitcoin Dice
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November 30, 2015, 10:15:32 AM |
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Yes I do believe buying and holding bitcoins is a good future investment.
Right now it's around the $300, it's best to invest into it now rather then when it's around $500, it may never go back down and you woud have lost on making some good profits.
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tn211
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November 30, 2015, 10:19:12 AM |
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Should i continue buying my 0.01 BTC daily, whats your opinions
That's ridiculous amount. You won't become rich that way. Buy more. Well some people don't want to be rich. I think is a good amount if he want to be safe with it. Lets say he buy 2 BTC a week and in one night BTC will drop what than? So yeah with this amount of Bitcoin is actually a good plan.
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QuintLeo
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November 30, 2015, 11:23:56 AM |
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Buy it for long term hold should be a good investment.
I'd plan to sell it out somewhere in June/July 2016 timeframe shortly before the block reward halfing happens, then buy back in a couple months later.
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I'm no longer legendary just in my own mind! Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin) 1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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bering
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Leading Crypto Sports Betting & Casino Platform
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November 30, 2015, 03:51:48 PM |
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i would vote for yes because i considers buying bitcoin is not good for long term investment because the price very unstable
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Wilhelm
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Activity: 1652
Merit: 1265
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November 30, 2015, 08:24:51 PM |
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I have been buying 0.01 BTC each day for the last month and during this time i have seen a jump of around 10%, its really quite amazing how quickly the bitcoin price fluctuates,
So i am asking Is it worth buying bitcoin for future investment ?
Should i continue buying my 0.01 BTC daily, whats your opinions
Why don't you borrow money to buy now then repay your credit 0.01 BTC every day ? Or sell a kidney and a lung since you have 2 anyway...
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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