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Author Topic: Should i buy my first whole bitcoin  (Read 11745 times)
bjbear123
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December 30, 2015, 10:01:30 AM
#1

Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

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KenR
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December 30, 2015, 10:12:33 AM
#2

Well,it depends on your requirements.If you just have some bucks lying around and want to utilize them,buying a whole coin is a good option provided you get them at cheap rates.You could also trade them separately with varying market rates  and hope to get some profit.Its a valuable asset .

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sirslayer
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December 30, 2015, 10:13:45 AM
#3

and use your own wallet !!
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December 30, 2015, 10:18:45 AM
#4

Should i buy my first whole bitcoin ?
I just want opinions, would you buy a whole bitcoin ?

Don't force yourself to buy a whole bitcoin if you don't have enough cash. Buy 0.5 btc or any amount you can spare and buy more when you have more money. If you want an address look good with nothing but 1.0 btc in it, you can send 1 btc to a new address when you have more than 1 btc.
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December 30, 2015, 10:20:46 AM
#5

if the sub $450 is something that you can put aside and forget about for a year, go ahead.
but if its something ur dreaming of doubling in 6 months because you really really need $450+ within 6 months.. be cautious.

dont invest anything that will make you cry if it drops 10%, only invest something that you wont care about for atleast a year..

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Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
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December 30, 2015, 10:27:05 AM
#6

I would stagger it out and buy .20 at 5 different levels but then again I always gamble for a cheaper price lol.

The only problem is like when I bought .20 at 410 I had it set to buy .2 at 390 but it went back up to 435 and
so I only got .2  Angry



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Rainbot
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December 30, 2015, 10:27:52 AM
#7

Thanks for all the advice guys.

I have savings and 450 bucks isn't too much to forget about I'm prepared to take the risk.

 I'm thinking it might be a good investment in say 5 - 10 years ?

Fuck it, do it  Wink
If it goes to $1m then you'll be a guru and if it goes to shit you can look back and laugh.

Extraordinary Claims require Extraordinary Evidence
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December 30, 2015, 10:32:04 AM
#8

In my opinion, i will buy it because bitcoin has good future

I think the price still can rise, so it going to be a good investment

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December 30, 2015, 10:33:42 AM
#9

Should i buy my first whole bitcoin ?
I just want opinions, would you buy a whole bitcoin ?

Don't force yourself to buy a whole bitcoin if you don't have enough cash. Buy 0.5 btc or any amount you can spare and buy more when you have more money. If you want an address look good with nothing but 1.0 btc in it, you can send 1 btc to a new address when you have more than 1 btc.

I totally agree with him. You don't use up all of your money to do that. If you need urged something to cash you still have any money

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December 30, 2015, 10:39:32 AM
#10

Anytime you buy bitcoin could be the wrong time, Im hesitant to buy at the moment because the price is higher than opportunity i had earlier in the year but earlier in the year i was also hesitant because price was fluctuating and looked like it might have gone down. Had i know price was going to go up to what it did today then i would have put every penny in earlier in the year. Maybe i should even do that now,its hard to say.

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December 30, 2015, 10:49:54 AM
#11

Thanks for all the advice guys.

I have savings and 450 bucks isn't too much to forget about I'm prepared to take the risk.

 I'm thinking it might be a good investment in say 5 - 10 years ?

Fuck it, do it  Wink
If it goes to $1m then you'll be a guru and if it goes to shit you can look back and laugh.

Thankyou all for the advice,
Just purchased it and do not plan to sell for years to come.



That's nice, congratulations with your +1 Bitcoin. Smiley

Just make sure you send it to your offline wallet and make several backups of your wallet file, if you haven't already. Bitcoiners never have enough backups. Tongue

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December 30, 2015, 10:50:30 AM
#12

Thanks for all the advice guys.

I have savings and 450 bucks isn't too much to forget about I'm prepared to take the risk.

 I'm thinking it might be a good investment in say 5 - 10 years ?

Fuck it, do it  Wink
If it goes to $1m then you'll be a guru and if it goes to shit you can look back and laugh.

Thankyou all for the advice,
Just purchased it and do not plan to sell for years to come.



Good one  Grin
To put it in perspective, I just spent about that on buying Christmas presents that people didn't really need or want.

Extraordinary Claims require Extraordinary Evidence
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December 30, 2015, 10:52:33 AM
#13

Congratulations, My advice would be to stick it on a paper wallet, lock it away and dont even bother looking at prices for a few years then by that time you could come back and who knows.

I also noticed you bought it in pounds, what exchange did you use? lbt?

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December 30, 2015, 10:54:11 AM
#14

Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

Well next thing you will do is not holding ot for long. For now learn to read some daily charts to take advantage of what will the price will bring us. Rotate the coins.


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December 30, 2015, 10:54:50 AM
#15

Thanks for all the advice guys.

I have savings and 450 bucks isn't too much to forget about I'm prepared to take the risk.

 I'm thinking it might be a good investment in say 5 - 10 years ?

Fuck it, do it  Wink
If it goes to $1m then you'll be a guru and if it goes to shit you can look back and laugh.

Thankyou all for the advice,
Just purchased it and do not plan to sell for years to come.



congrats! Its the only way you get to be into bitcoins. you're lucky to have more cash yourself as I depend on giveaways when i started with bitcoins and soon after having few coins in my wallets, thats when i get to really like btc and started searching how i can use the amount in my wallet. Later find myself responding to threads here.

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December 30, 2015, 11:03:51 AM
#16

Thanks for all the advice guys.

I have savings and 450 bucks isn't too much to forget about I'm prepared to take the risk.

 I'm thinking it might be a good investment in say 5 - 10 years ?

Fuck it, do it  Wink
If it goes to $1m then you'll be a guru and if it goes to shit you can look back and laugh.

Thankyou all for the advice,
Just purchased it and do not plan to sell for years to come.



Congrats! That's a great achievement, I know how it feels.

A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man.
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December 30, 2015, 11:06:15 AM
#17

Thanks for all the advice guys.

I have savings and 450 bucks isn't too much to forget about I'm prepared to take the risk.

 I'm thinking it might be a good investment in say 5 - 10 years ?

Fuck it, do it  Wink
If it goes to $1m then you'll be a guru and if it goes to shit you can look back and laugh.

Thankyou all for the advice,
Just purchased it and do not plan to sell for years to come.



Congrats! That's a great achievement, I know how it feels.

Well done Bro!   Smiley

Now you can make your first post on this thread:https://bitcointalk.org/index.php?topic=375643.0 .

If you will hodl properly for some years as you stated, we'll meet at 100k party Wink

                               
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December 30, 2015, 11:07:05 AM
#18

Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

Just do it!

You're pretty much gusranteed to make a profit on today's price within 12 months due to the halving.

Edit - I see you already made the purchase, good man.

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December 30, 2015, 11:10:34 AM
#19

Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

no atm. start learning more about bitcoin and make your own decision in the future.

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December 30, 2015, 11:13:48 AM
#20

Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

no atm. start learning more about bitcoin and make your own decision in the future.

He already bought it. OP, well done and happy holding!

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