donbu7 (OP)
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Activity: 119
Merit: 10
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November 13, 2013, 11:47:04 PM |
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I am buying BTC and hold them and even forget about them and in 4 or 5 years will look back and see what happened to them.
What do you think about this strategy?
How much do you think each BTC will cost in 5 years?
I will try to buy at least 20 or 40 BTC
Will I be rich in 5 years?
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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November 14, 2013, 12:41:36 AM |
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I am buying BTC and hold them and even forget about them and in 4 or 5 years will look back and see what happened to them.
What do you think about this strategy?
How much do you think each BTC will cost in 5 years?
I will try to buy at least 20 or 40 BTC
Will I be rich in 5 years?
Start buying!!! You could end up with either 0 or millions depending if bitcoin reaches gold bar price.
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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pabloangello
Legendary
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Activity: 1344
Merit: 1001
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November 14, 2013, 12:59:33 AM |
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If you have money that you can spend on 20-40BTC and still live the same way like up today then do that. I'd like to do the same :]
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SlipperySlope
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November 14, 2013, 01:27:36 AM |
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I am buying BTC and hold them and even forget about them and in 4 or 5 years will look back and see what happened to them.
What do you think about this strategy?
How much do you think each BTC will cost in 5 years?
I will try to buy at least 20 or 40 BTC
Will I be rich in 5 years?
This is a good implementation of the classic buy-and-hold strategy. Yes you will be rich - most of the appreciation will occur in the next 48 months according to my logistic analysis of bitcoin prices. Put 40 BTC into dukong's ranking calculator to see where you would stand with regard to other holders. http://btc.ondn.net/searchPlease take security seriously. I created a paper wallet from bitaddress.org and put it in my safe deposit box. Then you can forget about it.
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donbu7 (OP)
Member
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Activity: 119
Merit: 10
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November 14, 2013, 02:32:00 AM |
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I am buying BTC and hold them and even forget about them and in 4 or 5 years will look back and see what happened to them.
What do you think about this strategy?
How much do you think each BTC will cost in 5 years?
I will try to buy at least 20 or 40 BTC
Will I be rich in 5 years?
This is a good implementation of the classic buy-and-hold strategy. Yes you will be rich - most of the appreciation will occur in the next 48 months according to my logistic analysis of bitcoin prices. Put 40 BTC into dukong's ranking calculator to see where you would stand with regard to other holders. http://btc.ondn.net/searchPlease take security seriously. I created a paper wallet from bitaddress.org and put it in my safe deposit box. Then you can forget about it. Can you tell me more about paper wallet, how do they work,? Regards
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SlipperySlope
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November 14, 2013, 02:42:00 AM |
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Please take security seriously. I created a paper wallet from bitaddress.org and put it in my safe deposit box. Then you can forget about it.
Can you tell me more about paper wallet, how do they work,? Regards There are some great threads on this forum that others may guide you to. But here is a video tutorial ... http://www.youtube.com/watch?v=JsyPfiENwQUAgain, best wishes.
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Eternity
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November 14, 2013, 07:59:52 AM |
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There are many factors you can be millionaire or have nothing
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simplydt
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November 14, 2013, 10:35:51 AM |
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I am buying BTC and hold them and even forget about them and in 4 or 5 years will look back and see what happened to them.
What do you think about this strategy?
How much do you think each BTC will cost in 5 years?
I will try to buy at least 20 or 40 BTC
Will I be rich in 5 years?
This is a good implementation of the classic buy-and-hold strategy. Yes you will be rich - most of the appreciation will occur in the next 48 months according to my logistic analysis of bitcoin prices. Put 40 BTC into dukong's ranking calculator to see where you would stand with regard to other holders. http://btc.ondn.net/searchPlease take security seriously. I created a paper wallet from bitaddress.org and put it in my safe deposit box. Then you can forget about it. Can you really trust a web site to make you a secure paper wallet?? What if the code changes randomly 1/100 times to malicious code that steals your secret; Thus, chances are anyone who checks it sees the safe/real code but quite a few wallets are actually compromised until its uncovered.
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PrintMule
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November 14, 2013, 10:44:33 AM |
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I am buying BTC and hold them and even forget about them and in 4 or 5 years will look back and see what happened to them.
What do you think about this strategy?
How much do you think each BTC will cost in 5 years?
I will try to buy at least 20 or 40 BTC
Will I be rich in 5 years?
Suuuuuuure, and I'm buying your bs. 20 btc for 5 years, lol. So many threads like this popping up everywhere. If you will buy then show us some receipt later, mkay? (transaction id will be fine)
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RAJSALLIN
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November 14, 2013, 02:48:00 PM |
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I am buying BTC and hold them and even forget about them and in 4 or 5 years will look back and see what happened to them.
What do you think about this strategy?
How much do you think each BTC will cost in 5 years?
I will try to buy at least 20 or 40 BTC
Will I be rich in 5 years?
Suuuuuuure, and I'm buying your bs. 20 btc for 5 years, lol. So many threads like this popping up everywhere. If you will buy then show us some receipt later, mkay? (transaction id will be fine) Haha what a ridiculous post. Why couldn't he be serious?
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Johanna
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November 15, 2013, 09:23:49 AM |
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I am buying BTC and hold them and even forget about them and in 4 or 5 years will look back and see what happened to them.
What do you think about this strategy?
How much do you think each BTC will cost in 5 years?
I will try to buy at least 20 or 40 BTC
Will I be rich in 5 years?
You might really forget it and lost your wallet somehow
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inge
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November 15, 2013, 09:43:24 AM |
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I am buying BTC and hold them and even forget about them and in 4 or 5 years will look back and see what happened to them.
What do you think about this strategy?
How much do you think each BTC will cost in 5 years?
I will try to buy at least 20 or 40 BTC
Will I be rich in 5 years?
You might really forget it and lost your wallet somehow He/she would not even be the first one. Much better use Btc and enjoy how an easy payment system is.
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Rupture
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November 15, 2013, 09:54:03 AM |
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Good luck trying to resist the urge to check the price
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LiteCoinGuy
Legendary
Offline
Activity: 1148
Merit: 1014
In Satoshi I Trust
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November 15, 2013, 12:39:36 PM |
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maybe zero in 4 years ... and why 4 years?
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ajax3592
Full Member
Offline
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
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November 15, 2013, 01:51:47 PM |
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Well odds are in the favour of Bitcoin for now but, umm not sure how will its value be affected when 2-3 years later VISA introduces a similar concept such as BTC
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cdog
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November 15, 2013, 04:22:42 PM |
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~100 BTC should be everyones goal, with the idea of spending 10% per year to help grow the Bitcoin economy.
Get a 2nd job, or sell your car and take public transportation or get a super cheap 1990s car for the next 2 years.
Dont buy that latte everyday. Save your pennies and put it into crypto - BTC and LTC.
As BTC goes up in USD value, even if you spend 10% per year you will still see your total USD value go way up and you wont ever run out of coins.
But we cant just horde them people, the economy wont work that way. We must spend a % of our coins for all this to work.
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irpirate
Newbie
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Activity: 56
Merit: 0
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November 15, 2013, 08:31:31 PM |
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Doesn't sound like such a good idea. You could end up with 1million $ or 0$. Or you may even lose your wallet(s) in the meantime However, this would've worked a lot better if you did it when BTC was 1$
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donbu7 (OP)
Member
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Activity: 119
Merit: 10
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November 15, 2013, 10:50:15 PM |
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Doesn't sound like such a good idea. You could end up with 1million $ or 0$. Or you may even lose your wallet(s) in the meantime However, this would've worked a lot better if you did it when BTC was 1$ So what you are saying is that BTC is not gonna go up more, that is going down and is not worth it anymore? ? I really do not agree with you I thinl btc will hit th 10,000 with in 1 to 2 years...
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pand70
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November 15, 2013, 10:54:25 PM |
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I don't think that you can manage to forget them. Most probably you will be checking the price 5-6 times per hour.
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donbu7 (OP)
Member
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Activity: 119
Merit: 10
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November 15, 2013, 11:04:40 PM |
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Doesn't sound like such a good idea. You could end up with 1million $ or 0$. Or you may even lose your wallet(s) in the meantime However, this would've worked a lot better if you did it when BTC was 1$ On the other hand, why do you say that I could lose my wallet, that is so stupid, is like saying that I am going to lose my banking account
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