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valvalis
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August 10, 2014, 04:47:54 PM |
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I think it is, but you should only invest what you can afford to lose.
I agree with this Do not push yourself to investing, you have to think about what if you fail to make profits. |
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ShakyhandsBTCer
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Activity: 448
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It's Money 2.0| It’s gold for nerds | It's Bitcoin
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August 10, 2014, 05:37:19 PM |
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I think it is, but you should only invest what you can afford to lose.
I agree with this Do not push yourself to investing, you have to think about what if you fail to make profits. Not only that, you need to look at the scenario where you invested money is GONE. 0$perBTC. IF you feel comfortable handling such a situation, then go on  |
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CoinsCoinsEverywhere
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August 14, 2014, 06:17:07 AM |
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Buying 1 bitcoin should be considered insurance rather than investment. Same with gold.
It is a way to insure against total economic collapse.
This isn't necessarily true. Bitcoin is certainly being adopted by more and more people and businesses, but it's really hard to predict what would happen in a total economic collapse. Bitcoin isn't widespread enough yet to survive on its own. You can't go to any local grocery store and buy bread with it. If a major economic collapse happened, it's possible that many people may sell their BTC so they can buy necessities with their local fiat. |
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Nexigen
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August 14, 2014, 08:19:13 AM |
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Yeah I personally think that bitcoin will be worth a whole lot more in the future.
That is... if bitcoin is actually being accepted until then. It might be blocked somewhere, or a decisive 51% attack may destroy it.
I guess it remains a large risk to buy a bitcoin. But if you can miss it it would surely be worth the gamble in my opinion.
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johny08
Legendary
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Activity: 1045
Merit: 1000
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August 14, 2014, 02:55:58 PM |
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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?
Invest the half in bitcoin and half in wine. wheter its going down or up you will have a funny time  |
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zedicus
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CryptoTalk.Org - Get Paid for every Post!
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August 15, 2014, 01:50:55 AM |
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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?
Invest the half in bitcoin and half in wine. wheter its going down or up you will have a funny time HAHA. So, in other words you want the OP to bet that bitcoin will at least double in price, and while experiencing his endever with bitcoin you want him to get drunk in the process. Sounds like a good time for me (but his is an awful lot to spend on alcohol). |
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ibrahim11
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August 15, 2014, 02:14:36 AM |
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if it's your first investment its a good one. My first investment in bitcoins was when i also bought 1btc via western union which I was worried about because that was all the money i had (lol). However, it turned out to be one of the best investments making around a nice £300-400 profit.  |
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zhinkk
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August 15, 2014, 02:15:14 AM |
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Not trying to encourage anyone to invest, but at these $500 prices, I wish I had more to throw in.
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CoinsCoinsEverywhere
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August 15, 2014, 02:43:19 AM |
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Not trying to encourage anyone to invest, but at these $500 prices, I wish I had more to throw in.
There has been a lot of volume in the last couple days. I'm hoping we just saw capitulation around 500, and that we've just started a new upswing. After we couldn't get up to 700, we really needed some kind of market reset to get things going again. Hopefully this was it. |
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DhaniBoy
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August 31, 2014, 04:00:53 AM |
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must be prepared to invest the first time is our psychology, must be prepared to huge profits and huge losses sometimes, in investments not at any time we get a big profit, hopefully in investing you would benefit greatly ...  |
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jjacob
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★Nitrogensports.eu★
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August 31, 2014, 12:09:26 PM |
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Some time in the future, we may all end up envying the OP's uncle!!
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bitbinn
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August 31, 2014, 05:56:08 PM |
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1 bitcoin is better than 0 i think it is a good investment
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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August 31, 2014, 08:06:12 PM |
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1 bitcoin is better than 0 i think it is a good investment
and 2 is better than 1 and 3 is better than 2... etc etc... .. The ultimate question depends on a person's budget... So if a person is continuously investing a "small" amount within his/her affordability, then that small amount will add up over time.. and hopefully more greatly appreciate in value than other options.. |
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
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adams16
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September 01, 2014, 07:53:17 AM |
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I think your uncle was right about his saying.
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thelema93
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September 01, 2014, 08:01:38 AM |
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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?
Invest 10% of what you could happily lose. If you really believe it's a good investment. |
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SF-Man
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September 01, 2014, 02:16:34 PM |
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For me, bitcoin is a good investment if you have a lot of real money in your account/pocket. But if youre relying your whole life for bitcoin to soar up then I think its a very bad move. Invest in bitcoin with your spare cash and dont depend on it.
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bigtimespaghetti
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bigtimespaghetti.com
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September 01, 2014, 03:22:55 PM |
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bitcoin is speculative. I'm not sure I'd call it a 'decent' or 'good' investment.
It's pure speculation, I think a lot of money can be made in the next generation of serious alts.
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polynesia
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September 01, 2014, 03:55:11 PM |
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bitcoin is speculative. I'm not sure I'd call it a 'decent' or 'good' investment.
It's pure speculation, I think a lot of money can be made in the next generation of serious alts.
A lot of money can be made, and a lot of money can be lost as well.  |
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SwingBTC
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September 08, 2014, 04:14:38 PM |
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bitcoin is speculative. I'm not sure I'd call it a 'decent' or 'good' investment.
It's pure speculation, I think a lot of money can be made in the next generation of serious alts.
What are serious alts? lol. |
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zymafluo
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September 08, 2014, 05:02:19 PM |
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Bitcoin value will rise with time, it has been developed in that way, if it won't fail of course.
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