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Author Topic: What if I buy 3BTC now and forget about them for 10 years???  (Read 4665 times)
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June 02, 2017, 07:07:21 PM
 #81

Would be the smartest decision you made in all your life especially if you are such a loser that 3 BTC is all you can buy.

You should do it now mate!
How would that be the smartest decision? You can never know if bitcoin is going to survive the next 10 years or it's going to fall and became valueless. It's just a risky investment.
You better invest it somewhere where you will get some interest and can keep track of bitcoins. If anything bad is about to happen just sell them.

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June 02, 2017, 07:08:16 PM
 #82

You cannot predict anything if you buy 3 bitcoin now @2000$+ and after 10 years you see bitcoins are priced @200$ what will you do? You have lost much money. 10 years is a really long time to hold bitcoin. So, my opinion to you is just buy bitcoins when it is around 1000$ and then sold it when it goes up. keep checking its price daily check market and when it goes up sale it out.


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June 02, 2017, 07:51:16 PM
 #83

Nothing much would happen you will suddenly discover your wallet with 10 btc and see it's totaly value will be some 100k and then you will either make another accou here or just post with this account another topic 'Found a wallet with 10 btc in it'. After you post that your pm will get flooded with people giving you useless tips and asking you if you can share some with them. But to the point of you actually plan to do that , then it's a really good idea in my opinion

It is a good idea but 10 years is a seriously long duration and a lot of things happen in a span of 10 years. I mean the price of bitcoins might reach something very enormous but maybe you do a mistake and loose them all, or there is something that makes you loose.

I believe better than that would be you buy bitcoins and keep an eye on the price and be active but don't get tempted and make a firm mindset that you won't sell them at all, no matter what. I mean to say that don't just forget things, I had like 10 million doges in an addy some years ago now I can't recall which wallet it was  Sad

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June 04, 2017, 01:03:52 AM
 #84

Today we can only suggest what might happen with bitcoins. Bitcoin has the opportunity to increase the higher, many economists predict the price $10000 for bitcoin. This price is absolutely extraordinary, then keep a bitcoin if need be use when the price is so high it will benefit us
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June 10, 2017, 06:27:46 AM
 #85

Probably,you would be rich enough after ten years.If bitcoin price reaches $25,000 after ten years, then you would be having around $75,000.By doing that way,you could give your family a well settled life which would be the dream of every person.That would really be a great blessing.But be careful with your private keys.If you loose it,your dreams may get shattered into broken pieces.
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June 10, 2017, 06:45:32 AM
 #86

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??



It's like a gambling though. 10 years is really long, i'm not sure bitcoin will still exist or not on that year. My predict is bitcoin still exist and many people still using bitcoin on that years. The different is many countries are accepted bitcoin and the price of bitcoin might be so high. So yes, you can be rich. Well, it's really unpredictable lol.


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June 10, 2017, 08:03:57 AM
 #87

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??



It's like a gambling though. 10 years is really long, i'm not sure bitcoin will still exist or not on that year. My predict is bitcoin still exist and many people still using bitcoin on that years. The different is many countries are accepted bitcoin and the price of bitcoin might be so high. So yes, you can be rich. Well, it's really unpredictable lol.
Though 10 year looks long in my view the person who holds for such a long time period will surely be getting rich by that time. As we think, so it happens and if we trust we'll be experiencing a good price surge and the prediction too is expected much bigger by the years to come.

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June 10, 2017, 04:44:53 PM
 #88

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??


That is what holders have doing from the very beginning, they buy bitcoin and then they forget about them, it is a simple strategy but one of the most effective in the long run, however there is a difference between not moving the coin and forgetting about bitcoin, try to stay in top of the news that way if something happens you could be able to sell and not lose your investment.

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June 10, 2017, 05:15:58 PM
 #89

Well in 10 years you will have exactly 3 bitcoins.

Unless Bitcoin forks.

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June 10, 2017, 05:22:19 PM
 #90

You will not forget it even in the next 2 years. $5000 is reachable with this kind of rally that we're having right now. I mean, who wouldn't want to buy a share of a brighter future for less tahn $3000? Good for that dude who sold his house for 600 btc when it was $450 each, he can now buy a new house and keep some of it for his vacation anywhere in the world.
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June 10, 2017, 06:41:41 PM
 #91

Never never invest more than what you can lose. Some people can't afford to lose 3 BTC x todays price. Some people can. If you can afford to lose that amount then go for it. Maybe you can only risk buying 1 BTC. Maybe 0.5 BTC. Based on the underlying economics of bitcoin, in 10 years you will either have made an extremely big profit or you will have nothing. I made this bet 5 years ago and so far I have made a good profit from hodling. I will continue hodling.
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June 10, 2017, 06:47:03 PM
 #92

Well in 10 years you will have exactly 3 bitcoins.

Unless Bitcoin forks.
Obviously, you're referring to a chain split, but then still, you'll just have 3BTC. Wink

Whatever chain split happens, there can be only one Bitcoin ~ the coins you will have sitting in the other (minor) chain, are nothing more than altcoins.

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July 10, 2017, 06:49:25 AM
 #93

Well in 10 years you will have exactly 3 bitcoins.

Unless Bitcoin forks.
Obviously, you're referring to a chain split, but then still, you'll just have 3BTC. Wink

Whatever chain split happens, there can be only one Bitcoin ~ the coins you will have sitting in the other (minor) chain, are nothing more than altcoins.

That is right theoretically. But it will take some time to find the main one.
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July 10, 2017, 10:14:32 AM
 #94

Well in 10 years you will have exactly 3 bitcoins.

Unless Bitcoin forks.
Obviously, you're referring to a chain split, but then still, you'll just have 3BTC. Wink

Whatever chain split happens, there can be only one Bitcoin ~ the coins you will have sitting in the other (minor) chain, are nothing more than altcoins.

that is completely wrong.
if and when a chain split happens, any coin that has existed on the main chain (the chain that existed before the fork) will always be valid because any new chain is building on top of that chain. there is no "minor chain" here.

lets say you receive bitcoin on block #475095 (which was mined 14 minutes ago) and fork happens after a while on block #475500 and two chains exist. these two chains are building their blocks on top of previous blocks they both have the same block #0 to block #475500 but their blocks  #475501 and above are different.

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July 10, 2017, 10:32:19 AM
 #95

I do not know what you will get, become rich because bitcoin prices rise high in the next 10 years. the one things that I'm sure, you can get a profit but i've a little hesitant you can be rich only with 3 btc. you need invest more if you want become rich with bitcoin.

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BitcoinGirl.Club
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July 10, 2017, 10:50:58 AM
 #96

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??


It will depend on how much money you consider to become rich, so if after 10 years a single bitcoin is going for 10 grand or so i wouldn't say you rich and losing all your money is practically impossible at the moment you might make a handsome profit after waiting for a long time and a loss is out of the picture

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July 10, 2017, 10:56:05 AM
 #97

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??



I think you are talking about the value of bitcoin in the future, I think it can continue to exist for a long time, so its value will increase in the future. If you buy it for storage, and then you to lose it, that really is a pity.
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July 10, 2017, 12:29:42 PM
 #98

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??


I think in the future, the supply of Bitcoin is not so much so that Bitcoin price will increase more than now so if you hold 3 BTC for 10 years from now, I think you will be rich, really rich.

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Luno
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July 12, 2017, 01:31:26 AM
 #99

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??


I think in the future, the supply of Bitcoin is not so much so that Bitcoin price will increase more than now so if you hold 3 BTC for 10 years from now, I think you will be rich, really rich.

That's right the supply of bitcoin is limited and its demand can go much higher then our expectations which will make the price of bitcoins to touch the moon and in that case if he holds his 3 btc for next 10 years then he can expect huge profits from it which can surely make him rich in future.
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July 12, 2017, 01:42:18 AM
 #100

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??



Right now, there are some prices decline and it seems bitfinex show the lowest exchange rate around $2224 and may continue to decrease. And the highest price rate since May 22th maybe around $2800-$2950, if you've bought 3 bitcoin when it was $2252 and sold it at $2900, then you should get $1944 profits. But, if you didn't sell it, don't worry. I will definitely take the chance to buy bitcoin whenever dip occurs and wait for 10 years later, my bitcoin value will increase obviously just like what happens all this time.
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