Need your advice please

[bitcoin44me]

Im thinking of sinking 2.5k into buying BTC. I know you cant tell for sure but do you think its a good idea?

Yes, btc price will (should at least) increase in the future.
It is an investment, so you might lose it, but still, it is a nice one


Buy buy buy

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[Keldel]

Why are you buying?

If you're buying with hopes to sell later, better not buy. Bitcoin is extremely risky.

If you're buying because you see bitcoin as a future currency, go ahead.

[firefop]

Assuming you wouldn't miss the money too much if it vanished... then buy buy buy.

You really can't go wrong with bitcoin as an investment (unless you lose your private key).

[adamstgBit]

invest half of that.

never buy again unless price goes below were you first bought in,

if price rises at least you had the balls to put in some money,

if price drops your loving it because you only put in half of what you wanted to and you get more bitcoins then you would have.

[600watt]

bitcoin has a current market cap of only a 6th of that of the company behind "angry birds".

m. andreessen thinks bitcoin is like internet in first half of the 90ies.

if you invest/"sink" now, you are still an early adopter.

so, yes - shove it all in !


http://pandodaily.com/2013/10/03/andreessen-bitcoin-is-like-the-early-internet/

[BitChick]

Yes, especially if you are in it for the "long haul." If you need the money liquid then maybe not, but if you can risk having it tied up for a year or so then totally.

[jeppe]

if you can effort to loss that money it may be a good investment as BTC prices are skyrocketing at the moment.

[600watt]

wonder if op did buy...

140ies... man those "tired of 140ies" sure look excitingly cheap now.

[maurya78]

If you can go several years without needing to liquidate and are okay with being reduced to zero in the worst case, go for it

[Samir_H]

wonder if op did buy...

140ies... man those "tired of 140ies" sure look excitingly cheap now.

Maybe he did and then sold on 200

It would be nice to hear from him.