Bitcoin as a investment

[bjbear123]

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

[batesresearch]

I would definitely, of course that is just my own opinion but any free FIAT I get I convert to BTC

[sirohige]

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

if your money is quite better you continue to invest in bitcoin
you can continue buiying 0.01/day and save your bitcoin for future
in future you can get profit doubled

[LiteCoinGuy]

https://www.youtube.com/watch?v=O0oDDIy0P2s

[batesresearch]

I would definitely, of course that is just my own opinion but any free FIAT I get I convert to BTC

Are you waiting for a huge price increase or do you believe it will stay always around 400 USD ?

I believe the price will rise not by a huge amount but the reason I invest in Bitcoin (Crypto currencies) isn't for the price

[caliboy37]

It's not a bad idea but only cashout when BTC rise at $400 or more.

[RKen]

Yes, I think Bitcoin can be made for investments
You inspire me to do the same thing is to buy 0.01 BTC/day, is a great way to buy Bitcoin

[Amph]

yes do it, the next year will bring many surprisess, and there is the halving, i would do it especially for that

buy what you can no need to put you in a bad position

[bri912678]

yes do it, the next year will bring many surprisess, and there is the halving, i would do it especially for that

buy what you can no need to put you in a bad position

How do you all store your BTC, I don't plan on spending any so i have printed off wallets and i use blockchain.info to watch only the public key just so i can check the amount i have.... Is this the way you do it ?

It depends how many Bitcoins you have and how securely you want to store them.

One of the most secure ways to store large amounts of Bitcoins is in a hardware wallet, but you have to buy the hardware device. The link below explains how the Trezor hardware wallet works and how to buy it.

https://www.bitcointrezor.com/

Other secure options for storing large amounts of Bitcoins is in an encrypted Bitcoin core wallet, or an encrypted Armory wallet. The link below explains how the Armory wallet works.

https://bitcoinarmory.com/

You can read a range of about other wallets (including Bitcoin core) at the link below.

https://bitcoin.org/en/choose-your-wallet

Bitcoin core and Armory both necessitate downloading gigabytes of blockchain before they are fully usable. There are also less secure wallets that don't need a giant download before you can fully use them. The best ones are Multibit and Electrum. You can encrypt either of their wallets, and there are links to information about them at the bitcoin.org choose your wallet page.

[HarryKPeters]

I did buy some extra even at 340. Those bitcoins are stored in my wallet and are meant for future use. I can't say at which price I would sell them.

But for sure it won't sell them with 3 years.

[mexicantarget]

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

Definitely, but you would save some by picking the time of day to get the best price.
If you buy bitcoin on an exchange you will lose a lot to fees over time.

[Feri22]

I would definitely, of course that is just my own opinion but any free FIAT I get I convert to BTC

Are you waiting for a huge price increase or do you believe it will stay always around 400 USD ?

I believe the price will rise not by a huge amount but the reason I invest in Bitcoin (Crypto currencies) isn't for the price

Fellow idealist? Nice to know not everyone care about the price only

[bri912678]

Can you watch only an address is MultiBit ?

Yes, a Multibit wallet shows you how many Bitcoins are in each of its addresses, and it also shows their USD value on an exchange. You can encrypt your Multibit wallet so nobody with access to it can spend your Bitcoins without a password. It's one of the most popular Bitcoin wallets because it's easy to use and it syncs quickly.

If you only want to check how many Bitcoins are in an address, and want an alternative to blockchain.info for if it's offline these block explorers are useful.

https://www.blocktrail.com/BTC

https://blockr.io/

[bitcoin567]

i have some bitcoins as an investment and i wait for a significant price increase

[Wilhelm]

Only as a long term investment. Need the money don't buy.

[Amph]

yes do it, the next year will bring many surprisess, and there is the halving, i would do it especially for that

buy what you can no need to put you in a bad position

Thanks for your advice,
I know its not much but i have just brought another 0.1 BTC

How do you all store your BTC, I don't plan on spending any so i have printed off wallets and i use blockchain.info to watch only the public key just so i can check the amount i have.... Is this the way you do it ?

yes, but i don't like paper wallet, i prefer faster things like a simple usb, i store my bitcoin there, and use various explorer to watch the funds

[St.Stephan]

As a general idea one might consider using caution discussing how one stores one's own btc in any public forum. It's one of the easiest ways to increase your attack vectors in a big way.

[Bardman]

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?

[wikenpp]

If you are in for a quicky, then don't else start accumulating some bitcoin.

The future is bright. Just look have much venture capital is invested and this amount is getting more and more every month.

[HarryKPeters]

Just think about this. Before investing make sure this money is not needed for the time being.

if the prices crashes and you need it so bad, it mean you would make a loss on the sale.