|
TaunSew
|
 |
July 31, 2014, 08:28:48 AM |
|
It's possible but I am not necessarily holding my breath to see it. As I said there was that $7 trillion dot com bubble in the late 1990s and in 2008 a $10 trillion housing bubble, and most of that capital was exclusive to wealthy Americans and the odd foreign investor.
If something gained traction around the world and was seen as a revolution then it could hit a foreseeable peak around $20 trillion.. but back on this subject, I still don't think just a single BTC is going to lead to much.
|
There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
|
|
|
|
tee-rex
|
|
July 31, 2014, 09:20:56 AM |
|
It's possible but I am not necessarily holding my breath to see it. As I said there was that $7 trillion dot com bubble in the late 1990s and in 2008 a $10 trillion housing bubble, and most of that capital was exclusive to wealthy Americans and the odd foreign investor.
If something gained traction around the world and was seen as a revolution then it could hit a foreseeable peak around $20 trillion.. but back on this subject, I still don't think just a single BTC is going to lead to much.
If you just keep this single BTC stashed away, you won't get much indeed afterwards. But provided we're all correct in our guesses about Bitcoin future, the most rational thing to do is to invest some dollars into it on the reliable exchange (well, this is a question per se) with a simple strategy of converting some percentage of your total investment to and fro following price swings which are inevitable. |
|
|
|
|
messibtc
Member
 Offline
Activity: 70
Merit: 10
|
|
July 31, 2014, 11:00:17 AM |
|
I'm trying to reach 1 whole bitcoin but I'm stuck to few cents  |
|
|
|
|
cuddaloreappu (OP)
|
|
August 01, 2014, 03:15:01 AM |
|
I'm trying to reach 1 whole bitcoin but I'm stuck to few cents get a coin successfully... slow and steady wins the race |
|
|
|
|
|
leepsteer00
|
|
August 01, 2014, 07:27:13 AM |
|
1 btc is a good start IMO. Who knows someday it will double it's value or anything else?
|
|
|
|
|
HashFarmer
Member
Offline
Activity: 98
Merit: 10
|
|
August 01, 2014, 08:27:15 AM |
|
my uncle said that 1 bitcoin is all he could afford right now..i could not assure him if it is really a decent and good one...
i said him i will get back to you after i ask this in the forums..
so what is your opinion?
any amount if bitcoin is good to invest, but I am more worry about your uncle securing the wallet.. |
|
|
|
|
nope491
Member
Offline
Activity: 62
Merit: 10
|
|
August 01, 2014, 11:53:11 AM |
|
I don't have any bitcoin at the moment, but I'm trying to earn something with altcoin trading, hoping to build up one shiny bitcoin.
|
|
|
|
thecast
Newbie
Offline
Activity: 56
Merit: 0
|
|
August 01, 2014, 01:30:59 PM |
|
Most defenitly. I want 1 BTC then save it for 20 years  |
|
|
|
|
|
InwardContour
|
|
August 01, 2014, 01:37:37 PM |
|
Most defenitly. I want 1 BTC then save it for 20 years This is a really long term investment, in this way maybe you will see the peak and the death of bitcoin so when you will sell them, the gain will be about zero |
|
|
|
|
|
Feri22
|
|
August 01, 2014, 02:44:48 PM |
|
Let me tell you this way..I am 90% in crypto and 10% in fiat just for paying bills. If i could, i would be 100% in crypto, especially in Bitcoin...in my average puchase price, i am around 400% gain in 1 year...i also gained 2,5% (BIG FUC*ING LOL BELONGS IN HERE) in 1 year investing in bank related investment product ...it ALWAYS depends on the fact, how big risk you can take and handle...I want to be rich ass fuck  but i accept i can lose all money for it. So that is why i put 90% of my earnings to BTC..but it's just me  |
|
|
|
|
kerafym
Full Member
Offline
Activity: 224
Merit: 100
THE GAME OF CHANCE. CHANGED.
|
|
August 01, 2014, 03:18:07 PM |
|
1-2 bitcoins can be a good bet. Beat wasting money on lottery ticket.
|
|
|
|
|
oceans
|
|
August 01, 2014, 04:02:29 PM |
|
Can't go wrong at all with just 1 bitcoin and I would definitely say is a good investment. Of course more bitcoins is better but if all you are able to invest in is one then it's better than nothing right?
|
|
|
|
|
JayJuanGee
Legendary
 Online
Activity: 3724
Merit: 10310
Self-Custody is a right. Say no to"Non-custodial"
|
|
August 02, 2014, 01:08:06 AM |
|
Let me tell you this way..I am 90% in crypto and 10% in fiat just for paying bills. If i could, i would be 100% in crypto, especially in Bitcoin...in my average puchase price, i am around 400% gain in 1 year...i also gained 2,5% (BIG FUC*ING LOL BELONGS IN HERE) in 1 year investing in bank related investment product ...it ALWAYS depends on the fact, how big risk you can take and handle...I want to be rich ass fuck but i accept i can lose all money for it. So that is why i put 90% of my earnings to BTC..but it's just me So what is your investment timeline? And how many do you want to accumulate? I am different from you but also similar to you. I am different b/c at this point BTC represents less than 10% of my total liquid investments. I am similar b/c almost all of my new money is going into BTC, so my BTC percentage will be increasing. I am hoping that my total BTC allocation is going to increase based on BTC appreciation - rather than based on my continuing to invest fiat into BTC..... but I am willing to continue to invest fiat into it, so long as it remains a viable and apparently appreciating asset... Only time will tell how the portions of my assets will be redistributed, yet the sooner the better that I would like BTC value to represent more than half of my liquid assets... again hopefully based on BTC's appreciation. |
1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
|
|
|
Plank
Member
Offline
Activity: 61
Merit: 10
|
|
August 02, 2014, 08:23:48 AM |
|
I think It is, you can at least expect for your investment to double up. But you should never invest your money that you can't lose.
|
|
|
|
|
JayJuanGee
Legendary
Online
Activity: 3724
Merit: 10310
Self-Custody is a right. Say no to"Non-custodial"
|
|
August 02, 2014, 09:23:53 AM |
|
I think It is, you can at least expect for your investment to double up. But you should never invest your money that you can't lose.
That is how I tend to invest into BTC b/c i have less than 10% of my liquid investment assets in BTC; however, there are quite a few BTC investors that have put nearly all of their investment into BTC - and some have gotten very wealthy with such tactics... |
1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
|
|
|
polynesia
Legendary
Offline
Activity: 1358
Merit: 1000
|
|
August 02, 2014, 09:46:31 AM |
|
I think It is, you can at least expect for your investment to double up. But you should never invest your money that you can't lose.
That is how I tend to invest into BTC b/c i have less than 10% of my liquid investment assets in BTC; however, there are quite a few BTC investors that have put nearly all of their investment into BTC - and some have gotten very wealthy with such tactics... The money that you plan to spend at a casino in Las Vegas, put that in bitcoin.  |
|
|
|
|
bomb177
Newbie
Offline
Activity: 56
Merit: 0
|
|
August 02, 2014, 11:14:58 AM |
|
I'm saving 50$ each month to try to build one bitcoin but I fear that in some months the value will be too high.
|
|
|
|
|
yunkie
Member
Offline
Activity: 83
Merit: 10
|
|
August 02, 2014, 03:38:15 PM |
|
Your grandsons will be rich  |
|
|
|
|
polynesia
Legendary
Offline
Activity: 1358
Merit: 1000
|
|
August 02, 2014, 03:52:06 PM |
|
I'm saving 50$ each month to try to build one bitcoin but I fear that in some months the value will be too high.
In which case the $50s that you invest will hit the roof. So you would have a sizeable sum, even if you don't have 1 BTC. |
|
|
|
|
|
Mobius
|
|
August 02, 2014, 05:45:01 PM |
|
I'm saving 50$ each month to try to build one bitcoin but I fear that in some months the value will be too high.
This is called dollar cost averaging. When you buy over time, sometimes the price will be lower and sometimes the price will be higher. This will prevent you from spending all of your investible money when the price is at it's peak, but it also means that you won't buy when it is at it's lowest. IMO this is a very good way to invest in anything over the long term. |
|
|
|
|
|
