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Author Topic: What if I buy 3BTC now and forget about them for 10 years???  (Read 4673 times)
Amph
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May 25, 2017, 02:15:36 PM
 #41

I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??



Well, there are only 2 options: either you will be rich or you will lose all the money. I invest for the long term, but not the lodge all the funds in one cell.

or he simply have a good return without being rich, you know 3 bitcoin is not a good amount to become reach unless you believe that bitcoin will go to 1 millions per coins, which is really asking for too much

even in the possible adoption scenario i can't think how it could reach such a value, which is also 3 times higher than the one of gold, if we were to compare to it
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May 25, 2017, 10:53:50 PM
 #42

I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??



Well, there are only 2 options: either you will be rich or you will lose all the money. I invest for the long term, but not the lodge all the funds in one cell.

or he simply have a good return without being rich, you know 3 bitcoin is not a good amount to become reach unless you believe that bitcoin will go to 1 millions per coins, which is really asking for too much

even in the possible adoption scenario i can't think how it could reach such a value, which is also 3 times higher than the one of gold, if we were to compare to it
if you are going for long term investment then you need to invest a good amount of bitcoin, as by investing only 3 bitcoin is really not such a good investment, you can only wast your time, i think 3 bitcoin is good for short term investment, where you can invest your 3 bitcoin again again and can get good profit. although risk of losing your 3 bitcoins is also there, but still 3 bitcoin is good for short term  investment.
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May 26, 2017, 01:36:54 AM
 #43

If you will buy btc now and forget them for 10 years, you can gain a huge sum of profit from your investment but there is still a risk of you getting a huge sum of loss too from the investment that you will make. I suggest before buying wait for a lower price range so that you will have more profit. I think personally that the price range we see now is high. If it is me  I would definitely buy 3 bitcoin but not this time not unless I see it in a price which is just right for me to buy into.
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May 28, 2017, 06:20:51 PM
 #44

It`s hard to predict. Lot of things can happened in 10 years. I can agree with people who say that it is a small amount to invest and expect to get rich. For short terms investment is okay, on long time, who knows. I would also wait for value to drop a bit and then would buy some.
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May 28, 2017, 06:32:14 PM
 #45

If you will buy btc now and forget them for 10 years, you can gain a huge sum of profit from your investment but there is still a risk of you getting a huge sum of loss too from the investment that you will make.

Upwards potential is huge.
You can lose a max of 6k USD with 3 BTC. Nothing that really matters.
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May 28, 2017, 06:35:19 PM
 #46

I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??


According to Leader of @diginomics, Travis Patron: "Owning 100 bitcoins will give you the financial momentum to never have to work again."

and

"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."

So yes, buy Bitcoin while it is still cheap. There won't be second chances, we are still early adopters.

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May 28, 2017, 06:50:54 PM
 #47

you'll be rich by then...
AjithBtc
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May 29, 2017, 09:52:30 AM
 #48

I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??


According to Leader of @diginomics, Travis Patron: "Owning 100 bitcoins will give you the financial momentum to never have to work again."

and

"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."

So yes, buy Bitcoin while it is still cheap. There won't be second chances, we are still early adopters.


Agreed, more predictions state that a single bitcoin will be valued as high as a million dollar. Several prediction that too from CEO's and executive of big bitcoin ventures have predicted with real time market moves. So buying athe lowest price gives you the best earning to make you rich as well fulfill all that you desired for.

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May 29, 2017, 02:59:31 PM
 #49

If you buy 3 bitcoin and forget this for 10 years maybe you will become rich because they have possible the price will become $10,000 each bitcoin because the price everyear increase and I believe bitcoin will live long but it cannot live for more decades. Maybe 20 years is the maximum they live but I hope bitciin will live long . Many people for sure hold their bitcoin for their future. But remember no one can knows what happrn in the future maybe you can earn a lot of money but they have possible that your money gone.

 
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May 29, 2017, 03:03:15 PM
 #50

in 10 years i think 1 btc will worth 2 kg of gold and 6 kg of gold will certanly make you richer than you today.
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May 29, 2017, 03:05:17 PM
 #51

You honestly think you can refrain from price watching!

You're stronger than I as I cannot look away. The longest I went without looking at BTC price is maybe 1 week.

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May 30, 2017, 12:37:34 AM
 #52

If you buy 3 bitcoin and forget this for 10 years maybe you will become rich because they have possible the price will become $10,000 each bitcoin because the price everyear increase and I believe bitcoin will live long but it cannot live for more decades. Maybe 20 years is the maximum they live but I hope bitciin will live long . Many people for sure hold their bitcoin for their future. But remember no one can knows what happrn in the future maybe you can earn a lot of money but they have possible that your money gone.

It will take great patience to hold bitcoins for that long period of time as most of the people will start selling their coins when they see price going higher to make profits so there will be very few people who will manage to hold their coins with great level of discipline and there will be many who will get panic and may sell their coins at a wrong time.

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May 30, 2017, 12:53:41 AM
 #53

Traders doesnt win with trading they are waiting for  right moment. You need to sit tight and watch the chart,on every downtrend turn off computer and go to walk Cheesy
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May 30, 2017, 01:05:40 AM
 #54

If you succeed in doing that then I am sure that you will become rich after 10 years as at that time the price of bitcoin would be beyond our imagination and who knows only 3 bitcoins can make you millionaire so that would be the best investment to make and if you have more money then you can go beyond 3 btc as more bitcoins will give you more profits in future.
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May 30, 2017, 01:48:26 AM
 #55

If you have ~$6,000 that you have no immediate need for and can afford to lose, I would say go for it!!
It will take a lot of self control for you to hold on for the next 10 years though.
At the end of it, you will be a rich man.


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May 30, 2017, 01:58:51 AM
 #56

If you have ~$6,000 that you have no immediate need for and can afford to lose, I would say go for it!!
It will take a lot of self control for you to hold on for the next 10 years though.
At the end of it, you will be a rich man.
Being rich on those 3 bitcoins would still depend on a lot of things. Would bitcoin still be the top crypto currency in ten years' time? If that money is something that you wouldn't be needing in the next ten years and willing to forget about, then the decision is all yours. And maybe don't expect too much just so that you wouldn't be disappointed and maybe you'd be surprised if the price is higher than what you expected it to be.
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May 30, 2017, 01:59:06 AM
 #57

If you have ~$6,000 that you have no immediate need for and can afford to lose, I would say go for it!!
It will take a lot of self control for you to hold on for the next 10 years though.
At the end of it, you will be a rich man.

Yes self control, patience and discipline is must to hold bitcoins for that long term as he will surely see ups and downs in the price in that duration and if he manages to hold coins without getting panic then he will surely become a rich man in future as price will be much higher in next 10 years.

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May 30, 2017, 02:22:35 AM
 #58

I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???

Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??

Would you do it??


How can you be rich if you forget about them and if you didnt remember its login details if you use an encrypted one, 10 years is so long and so many things will happen. Even if you have an offline backup on it that you store/save in your treasure box, if there's no something bad then that's awesome, you will be rich on that year if and only if bitcoin is still alive Cheesy Just kidding, I know bitcoin will survive for a long time.
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May 30, 2017, 05:59:31 AM
 #59

You'll be very rich holding a good volume of fiat in excess fulfilling all your desires. To have a clear understanding just think of the growth that has taken place in a time around 8-9 years. Just buying at 10$ long back have given around a profit of more than 250%, so investing now might get you similar growth after 10 years.

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Yutard
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May 30, 2017, 06:57:18 AM
 #60

If you buy 3 bitcoin and forget this for 10 years maybe you will become rich because they have possible the price will become $10,000 each bitcoin because the price everyear increase and I believe bitcoin will live long but it cannot live for more decades. Maybe 20 years is the maximum they live but I hope bitciin will live long . Many people for sure hold their bitcoin for their future. But remember no one can knows what happrn in the future maybe you can earn a lot of money but they have possible that your money gone.

That is right. But if the bitcoin or another coin such as Zcash are in active development and used widely, the price will rise.
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