Bitcoin Forum
December 04, 2016, 10:29:45 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Bitcoin investing advice?  (Read 2568 times)
BouerBouer
Newbie
*
Offline Offline

Activity: 28


Hai.


View Profile WWW
June 19, 2011, 04:51:27 PM
 #1

Hey guys, can anybody make any good tips or tricks to do if you were to invest in Bitcoins? I'm considering to invest in about 10 Bitcoins then use buy low/sell high to make a small profit off it, but since the value of Bitcoins fluctuate so much I'm not aware of any good ways to predict what will happen to the value of them in the future.
1480847385
Hero Member
*
Offline Offline

Posts: 1480847385

View Profile Personal Message (Offline)

Ignore
1480847385
Reply with quote  #2

1480847385
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480847385
Hero Member
*
Offline Offline

Posts: 1480847385

View Profile Personal Message (Offline)

Ignore
1480847385
Reply with quote  #2

1480847385
Report to moderator
1480847385
Hero Member
*
Offline Offline

Posts: 1480847385

View Profile Personal Message (Offline)

Ignore
1480847385
Reply with quote  #2

1480847385
Report to moderator
1480847385
Hero Member
*
Offline Offline

Posts: 1480847385

View Profile Personal Message (Offline)

Ignore
1480847385
Reply with quote  #2

1480847385
Report to moderator
jack_jones
Newbie
*
Offline Offline

Activity: 14


View Profile
June 19, 2011, 05:10:27 PM
 #2

Hence the nature of volatile markets....
bji
Member
**
Offline Offline

Activity: 112


View Profile
June 19, 2011, 05:15:03 PM
 #3

Hey guys, can anybody make any good tips or tricks to do if you were to invest in Bitcoins? I'm considering to invest in about 10 Bitcoins then use buy low/sell high to make a small profit off it, but since the value of Bitcoins fluctuate so much I'm not aware of any good ways to predict what will happen to the value of them in the future.

My advice: don't do it.  The only people who are reliably going to make significant amounts of money off of bitcoin are the early adopter cabal with tens or hundreds of thousands of bitcoins.  Everyone else is just gambling in a game that likely has worse odds than normal stock market gambling.  Bitcoin will survive long-term merely as a means for making illegal purchases, or purchases that the user doesn't want tracked to them for some reason.  This is a niche market for a currency and it will never even approach e.g. visa or paypal in its total volume of transactions or money exchanged.
Roland68
Member
**
Offline Offline

Activity: 103



View Profile
June 19, 2011, 05:20:04 PM
 #4

The idea of Bitcoin is so revolutionary ... if the system is safe and secure ...this can be a major new way of doing business thru the internet ...

this is so new , bitcoin can be a danger for legacy paiement system ...

highly speculative currency for the moment ...

I would buy some of them ...

IMHO the value of bitcoin will continue to grow ...

or go to zero ....

BouerBouer
Newbie
*
Offline Offline

Activity: 28


Hai.


View Profile WWW
June 19, 2011, 05:23:26 PM
 #5

The idea of Bitcoin is so revolutionary ... if the system is safe and secure ...this can be a major new way of doing business thru the internet ...

this is so new , bitcoin can be a danger for legacy paiement system ...

highly speculative currency for the moment ...

I would buy some of them ...

IMHO the value of bitcoin will continue to grow ...

or go to zero ....



Okay, so you're suggesting wait it out?
Maged
Legendary
*
Offline Offline

Activity: 1260


View Profile
June 19, 2011, 05:29:29 PM
 #6

Don't invest any more money than you'd bring to a casino.

Roland68
Member
**
Offline Offline

Activity: 103



View Profile
June 19, 2011, 05:35:08 PM
 #7

The idea of Bitcoin is so revolutionary ... if the system is safe and secure ...this can be a major new way of doing business thru the internet ...

this is so new , bitcoin can be a danger for legacy paiement system ...

highly speculative currency for the moment ...

I would buy some of them ...

IMHO the value of bitcoin will continue to grow ...

or go to zero ....



Okay, so you're suggesting wait it out?

No ...I said "il will buy some" ...

of course don't risk needed money ...
bji
Member
**
Offline Offline

Activity: 112


View Profile
June 19, 2011, 06:00:23 PM
 #8

this is so new , bitcoin can be a danger for legacy paiement system ...

A payment system that requires a minimum of 10 minutes to verify a transaction, and likely hours or more once it achieves significant penetration, is not a danger for legacy payment systems.
BouerBouer
Newbie
*
Offline Offline

Activity: 28


Hai.


View Profile WWW
June 19, 2011, 06:03:26 PM
 #9

The idea of Bitcoin is so revolutionary ... if the system is safe and secure ...this can be a major new way of doing business thru the internet ...

this is so new , bitcoin can be a danger for legacy paiement system ...

highly speculative currency for the moment ...

I would buy some of them ...

IMHO the value of bitcoin will continue to grow ...

or go to zero ....



Okay, so you're suggesting wait it out?

No ...I said "il will buy some" ...

of course don't risk needed money ...

That came out wrong. :p

I meant wait it out and see what happens to the currency before considering to invest. I'll probably do that as I'll be able to invest at most 20BTC. thanks for suggesting that I should invest anyway, though. Smiley
okashira
Jr. Member
*
Offline Offline

Activity: 45


View Profile
June 19, 2011, 06:05:41 PM
 #10

BTC investment advice of the day:

just keep a bid order for as much BTC you can afford at 0.05 dollars each. wait for someone to sell off their 500,000 BTC for 0.001 to fill all orders and profit later.
BitcoinPorn
Hero Member
*****
Offline Offline

Activity: 560


Posts: 69


View Profile WWW
June 19, 2011, 06:14:55 PM
 #11

Buy for long term, ignore the market until security is not an issue.

Otherwise, enjoy the ride if you are going for the buy high / sell short game

ketsa
Newbie
*
Offline Offline

Activity: 4


View Profile
June 19, 2011, 06:15:42 PM
 #12

"Prediction is very difficult, especially about the future."

Niels Bohr
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!