0x54444e (OP)
Newbie
Offline
Activity: 42
Merit: 0
|
|
January 08, 2015, 04:10:42 PM |
|
Hello people, I got a really important question(s), is it worth to invest my $100k into bitcoins now? I am planning to let them for 6-12 months, would I get any profit on it? Tell me honestly, thank you.
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
January 08, 2015, 04:12:17 PM |
|
Hello people, I got a really important question(s), is it worth to invest my $100k into bitcoins now? I am planning to let them for 6-12 months, would I get any profit on it? Tell me honestly, thank you.
Profit in what? If you want more fiat out of Bitcoin then you may want to just stick with fiat instead.
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
|
|
|
Flashman
|
|
January 08, 2015, 04:20:57 PM |
|
Well, if you can imagine no situation in which you urgently need that 100,000 back in the next 12 months, then it's a fair bet that at sometime during 2015, BTC is worth more than it is now. However, whether that happens in the next few months, like 600 is as high as it gets in say April, then if you missed the opportunity to cash out then, you might be stuck in it at 250 at the end of the year. It's a game of chicken.
If say you wanted to wave buh-bye to 10 or 20K for 10 years, the long term trend still seems to be up, but short term trends are volatile.
|
TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
|
|
|
Towlie
Member
Offline
Activity: 65
Merit: 10
|
|
January 08, 2015, 04:23:07 PM |
|
Hello people, I got a really important question(s), is it worth to invest my $100k into bitcoins now? I am planning to let them for 6-12 months, would I get any profit on it? Tell me honestly, thank you.
Nobody can give you an answer to this so you need to make your own mind up. Is there potential for profit? Yes. Is it guranteed? No. Personally I think bitcoin will achieve very big gains over the next couple of years but that is just my opinion.
|
|
|
|
stonerider
|
|
January 08, 2015, 04:24:38 PM |
|
Bitcoin is "worth" investing your $100K in. Especially at current price. I'd do it in a heartbeat.
|
|
|
|
riiiiising
|
|
January 08, 2015, 04:25:12 PM |
|
Looking to chase your losses, Mr. Draper?
|
|
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
|
January 08, 2015, 04:28:15 PM |
|
wait a bit, i think another dump is coming, and maybe invest only 50%, unless those 100k are already a 50%
|
|
|
|
cisahasa
Legendary
Offline
Activity: 910
Merit: 1000
|
|
January 08, 2015, 04:28:33 PM |
|
yes, go for it if you just find the right spot to buy big drop is coming! it can be 100usd/btc, cant tell
|
|
|
|
sethminer14
Member
Offline
Activity: 98
Merit: 10
|
|
January 08, 2015, 04:30:50 PM |
|
Bitcoin has been super volatile lately. You just gotta learn how to read the market.
|
|
|
|
arbitrage001
Legendary
Offline
Activity: 1067
Merit: 1000
|
|
January 08, 2015, 04:35:12 PM |
|
Hello people, I got a really important question(s), is it worth to invest my $100k into bitcoins now? I am planning to let them for 6-12 months, would I get any profit on it? Tell me honestly, thank you.
If you are in the US, 100k is better off buying from Hud and rent those properties out at high yield.
|
|
|
|
eboard10
|
|
January 08, 2015, 04:39:30 PM |
|
Yes, you should buy if you're mentally strong enough not to sell when your investment falls 15-25% before rising again.
|
|
|
|
Dexter770221
Legendary
Offline
Activity: 1029
Merit: 1000
|
|
January 08, 2015, 04:52:11 PM |
|
Start buying slowly. Split this 100k for let's say 5k chunks and buy bitcoins every week with one chunk. If it raises your average price will be relatively low at the end. If it falls you will be able to buy more. Either way after a year you should see some profit.
|
Under development Modular UPGRADEABLE Miner (MUM). Looking for investors. Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
|
|
|
Hyena
Legendary
Offline
Activity: 2114
Merit: 1015
|
|
January 08, 2015, 04:53:57 PM |
|
It's weird that some suggest not investing that kind of money but fail to think of the early adopters who are keeping such sums of money as investment in BTC every day they hold. So when 100k investment is not recommended, it basically means guys like Bitcoin Jesus and others should sell their coins If you invest 100k right now you will hold as many bitcoins as most of the middle class early adopters are holding. The later you invest the more you'll have to invest in order to get more than just pocket money out of it. To me it seems natural that one would invest 100k in bitcoins/cryptocurrencies today but it certainly wasn't natural in 2012. In 2012 10k investment was comparable to what 100k investment is today.
|
|
|
|
Flashman
|
|
January 08, 2015, 04:58:33 PM |
|
Hello people, I got a really important question(s), is it worth to invest my $100k into bitcoins now? I am planning to let them for 6-12 months, would I get any profit on it? Tell me honestly, thank you.
If you are in the US, 100k is better off buying from Hud and rent those properties out at high yield. Supposedly, interest rate cannot be contained much longer and will have to be raised this year. This could bring downturn to hotter housing markets, but also make rental more in demand. Also previous hot markets around oil patch areas are likely to crash. Anyway, while a rental gives return on the capital throughout the year, it's a tossup whether you picked the right market for your property to still be worth the same at the end of the year, this year. Personally I would aim for areas that are likely to boom on cheap oil. But, that may take time to build momentum, be a 3 year thing rather than 12 month. If interest rates make house ownership particularly unattractive looking, then of course you can charge reeediculous rentals and get a larger return. Rates would probably initially force "downsizing" action, ergo, small, cheap to run houses will be in demand while larger properties will not hold value. Depending on market in that case, you might want 2 50k townhouses rather than 100k down and 100k loan on what looks like a bargain McMansion.
|
TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
|
|
|
Flashman
|
|
January 08, 2015, 05:01:10 PM |
|
It's weird that some suggest not investing that kind of money but fail to think of the early adopters who are keeping such sums of money as investment in BTC every day they hold. So when 100k investment is not recommended, it basically means guys like Bitcoin Jesus and others should sell their coins If you invest 100k right now you will hold as many bitcoins as most of the middle class early adopters are holding. The later you invest the more you'll have to invest in order to get more than just pocket money out of it. To me it seems natural that one would invest 100k in bitcoins/cryptocurrencies today but it certainly wasn't natural in 2012. In 2012 10k investment was comparable to what 100k investment is today. The "6-12 Months" qualifier is where most of the downside is here. If it's needed back at a certain time, the market can be cruel, if he wanted to let 100k ride indefinitely, and could afford to do it, then yah, go for it.
|
TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
|
|
|
NotHatinJustTrollin
Full Member
Offline
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
|
|
January 08, 2015, 05:01:54 PM |
|
It's weird that some suggest not investing that kind of money but fail to think of the early adopters who are keeping such sums of money as investment in BTC every day they hold. So when 100k investment is not recommended, it basically means guys like Bitcoin Jesus and others should sell their coins So If I invest a large sum of money for my personal standards now and I lose 50% of it it's the same as an early adopter who will end up having LESS PROFIT? Are you out of your mind? Ok. I'm going to sell my wife, kids, house and everything I possess to buy BTC. Why? Well, because that way I will approach the amount of money some early adopters have in BTC. Actually, satoshi holds more than 1M coins right? That's it, I'm also taking a huge loan and buying more of these cheap coinz.
|
|
|
|
Hyena
Legendary
Offline
Activity: 2114
Merit: 1015
|
|
January 08, 2015, 05:04:38 PM |
|
It's weird that some suggest not investing that kind of money but fail to think of the early adopters who are keeping such sums of money as investment in BTC every day they hold. So when 100k investment is not recommended, it basically means guys like Bitcoin Jesus and others should sell their coins If you invest 100k right now you will hold as many bitcoins as most of the middle class early adopters are holding. The later you invest the more you'll have to invest in order to get more than just pocket money out of it. To me it seems natural that one would invest 100k in bitcoins/cryptocurrencies today but it certainly wasn't natural in 2012. In 2012 10k investment was comparable to what 100k investment is today. The "6-12 Months" qualifier is where most of the downside is here. If it's needed back at a certain time, the market can be cruel, if he wanted to let 100k ride indefinitely, and could afford to do it, then yah, go for it. Oh, I didn't even notice the 6-12 month qualifier it changes some things that's for sure. If OP is not going to lose his body parts if he will be in a loss 12 months from now then I'd say let him take the risk. But if I was to lose a finger or in the case of default I'd not invest 100k in bitcoins right now.
|
|
|
|
Hyena
Legendary
Offline
Activity: 2114
Merit: 1015
|
|
January 08, 2015, 05:12:37 PM |
|
It's weird that some suggest not investing that kind of money but fail to think of the early adopters who are keeping such sums of money as investment in BTC every day they hold. So when 100k investment is not recommended, it basically means guys like Bitcoin Jesus and others should sell their coins So If I invest a large sum of money for my personal standards now and I lose 50% of it it's the same as an early adopter who will end up having LESS PROFIT? Are you out of your mind? Ok. I'm going to sell my wife, kids, house and everything I possess to buy BTC. Why? Well, because that way I will approach the amount of money some early adopters have in BTC. Actually, satoshi holds more than 1M coins right? That's it, I'm also taking a huge loan and buying more of these cheap coinz. Depends on what you want and what you are willing to lose. I was just giving a comparison how the situation has changed since the early adoption days. Investing 1000$ right now won't make you good profits any time soon, but it sure did some years ago. To get the taste of good profits you will have to invest much more today. It means bitcoin today is not the same kind of investment it was in 2012, we're closer to its maturity. Although it's quite logical it should be stressed out that investing and making some lousy pocket money profits is not worth the hassle. If you're aiming the sky, try to hit the god himself.
|
|
|
|
phoenix1
|
|
January 08, 2015, 05:14:12 PM |
|
Newbie comes to forum and asks for investment advice for $100k on 1st post ... no other details of financial situation necessary to give any sensible advice ... nobody suspects trolling ??
|
"Before you embark on a journey of revenge, dig two graves" - Confucius (China 551BC-479 BC)
|
|
|
|