100.000$ investment

[NotLambchop]

... the long term trend still seems to be up, but short term trends are volatile.

Bitcoin's initial price was 0 (zero).  Until it hits 0 again, the long-term trend will remain "up."

[Hyena]

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 ??

But what does it change if he's trolling? It doesn't invalidate the question.

[NotHatinJustTrollin]

If you are a billionaire and 100k are just peanuts for you, sure, put 100k in bitcoin.

Might as well put a few millions in BTCeanie BTCabies while you're at it. You never know right?

[Pente]

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.

^ This ^

[Hyena]

If you are a billionaire and 100k are just peanuts for you, sure, put 100k in bitcoin.

Might as well put a few millions in BTCeanie BTCabies while you're at it. You never know right?

One does not need to be a billionaire for that. I remember a guy selling his house and buying bitcoins in the given order of magnitude. If you care too much about money everything will be too risky and you will lose your wealth to inflation. I'd rather choose quick but uncertain death than slow, certain and painful death. But then again, it all comes down to your natural levels of testosterone. Get rid of breast feeding females in your neighbourhood and don't be around small children, they will reduce your testosterone levels and you will become a coward who will never take any risks.

[riiiiising]

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 ??

Bitcoin investors are generally naive people and rarely think things out for themselves. Which is the reason that a shill like rpietila was so successful in getting a following of faithful believers on this forum, before he cashed out his profits and moved on to his next scam coin. They'll believe pretty much anything you tell them.

[Hyena]

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 ??

Bitcoin investors are generally naive people and rarely think things out for themselves. Which is the reason that a shill like rpietila was so successful in getting a following of faithful believers on this forum, before he cashed out his profits and moved on to his next scam coin. They'll believe pretty much anything you tell them.

Speaking of that old Finnish fart, it reminds me that he bought a castle in my country for his bitcoin wealth: http://www.arcticstartup.com/2014/09/01/estonian-bitcoin-castle

After reading that article, It's hard to believe he's no longer into Bitcoin business.

[NotHatinJustTrollin]

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 ??

Bitcoin investors are generally naive people and rarely think things out for themselves. Which is the reason that a shill like rpietila was so successful in getting a following of faithful believers on this forum, before he cashed out his profits and moved on to his next scam coin. They'll believe pretty much anything you tell them.

Speaking of that old Finnish fart, it reminds me that he bought a castle in my country for his bitcoin wealth: http://www.arcticstartup.com/2014/09/01/estonian-bitcoin-castle

After reading that article, It's hard to believe he's no longer into Bitcoin business.

So a finnish clown investor got lucky buying in the early days and made a fortune.

Then he opened a thread "calling the bottom" at $600-$500 literally days before the big downtrend that eventually took us where we are now, under $300.
Then he "invested" into a scam shitcoin and told everybody to put money in it. That shitcoin crashed too days/weeks after his shilling.

Sounds like somebody who got lucky but doesn't really know wtf he's doing at the moment...

AKA bitcoin early adopter.

[SirChiko]

I'd go for it but only with 1/2, and look for something other for the rest half.

[riiiiising]

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 ??

Bitcoin investors are generally naive people and rarely think things out for themselves. Which is the reason that a shill like rpietila was so successful in getting a following of faithful believers on this forum, before he cashed out his profits and moved on to his next scam coin. They'll believe pretty much anything you tell them.

Speaking of that old Finnish fart, it reminds me that he bought a castle in my country for his bitcoin wealth: http://www.arcticstartup.com/2014/09/01/estonian-bitcoin-castle

After reading that article, It's hard to believe he's no longer into Bitcoin business.

So a finnish clown investor got lucky buying in the early days and made a fortune.

Then he opened a thread "calling the bottom" at $600-$500 literally days before the big downtrend that eventually took us where we are now, under $300.
Then he "invested" into a scam shitcoin and told everybody to put money in it. That shitcoin crashed too days/weeks after his shilling.

Sounds like somebody who got lucky but doesn't really know wtf he's doing at the moment...

AKA bitcoin early adopter.

lmao I remember that thread! I called him out on the fact that he was wrong when the market crashed again a few days later, and all his followers came to his defense and claimed that we needed to read between the lines, and what *he really meant* was that the bottom was reached during a flash crash months earlier  Because, you know, there's no way that the great rpiteila could possibly be wrong! Funny that we haven't heard much from him or his defenders since...

[g-unit]

It's people and investments like these that will drive the bitcoin price up guys so yes he should invest. If more people followed this advice bitcoin wouldn't be so low right now.

[Bitcopia]

This is probably the worst place to ask for investment advice. A large minority of the people in this sub are able to give unbiased, knowledgable advice about investing in Bitcoin. Most people here are emotional, uneducated, inexperienced investors.

I would advise doing your own research including going to some other subs and asking questions about best practices for storing bitcoins, best exchanges for your purposes, sources for fundamental analysis to understand on a deep level what Bitcoin is, where it has been, and where it is today, and sources for technical analysis to peg against those fundamentals.

While you work on your research, which will take some time, I recommend investing a small amount of that $100k and playing with some coins. Fund some accounts with USD and with bitcoin and see the difference for yourself. This is what opened my eyes. Buy something with bitcoin. Try purse.io to order something from Amazon. Create a changetip wallet and tip somebody on twitter or reddit.

Once you immerse yourself with it, you can make your own decision instead of taking advice from anonymous strangers who likely have an agenda.

[NotHatinJustTrollin]

It's people and investments like these that will drive the bitcoin price up guys so yes he should invest. If more people followed this advice bitcoin wouldn't be so low right now.

http://en.wikipedia.org/wiki/Pyramid_scheme

[SirChiko]

It's people and investments like these that will drive the bitcoin price up guys so yes he should invest. If more people followed this advice bitcoin wouldn't be so low right now.

http://en.wikipedia.org/wiki/Pyramid_scheme

I don't see any mention of bitcoin

[SmoothCurves]

344 BTC? Yeah why not? Buy Low, Sell high.

[dinofelis]

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 can afford to loose them, go ahead.  Consider them lost, but with a small chance that you will be a billionaire in a few decades.

I only put (small amounts) of money into bitcoin, which I consider lost but which are a bet on the very long term.  It is a high risk, potentially high reward bet.  Say, less than a few percent chances that it booms, but if it booms, then it can be very high.  But not now.  Not in the coming years in my opinion.  90% or higher chance that it falls to very very low or zero.

I think that if you buy bitcoin, you should *at least* want to keep them until mid-2016, at the next block reward halving.

On the short term, hard to say.  Nobody knows.  It might go down under $100.-.   It might rise somewhat, to $400 or $500.  Nobody knows. 

[Hfertig]

transfer them to bitfinex. this will give you the possibility to short 1000 coins = profit

[Elwar]

It's people and investments like these that will drive the bitcoin price up guys so yes he should invest. If more people followed this advice bitcoin wouldn't be so low right now.

Nah, just another weak hand that when his investment goes up to $120k and starts to fall he drops Bitcoin and goes back to his notes.

That is not of any use to Bitcoin.

If he has 100k and he does not want to lose his money when the dollar crashes or if he is tired of supporting wars and violence, then I would say convert it all to bitcoins and never look back. But the 6 to 12 month thing kinda gave him away.

[g-unit]

Honestly, we don't know enough about him to help him. Does he have a wife? Kids? Dependents? What proportion of his net worth is 100K? How much can he liquidate if he lost it all and would he be ok if bitcoin went to $0?

Personally, if you can afford to lose it, I think it's a great investment that will likely pay off huge. I'm young, have had loose cash that if I lose it all I won't lose my house, etc, and I'm single. All depends on your circumstances.

If bitcoin goes back to $500 I'll break even...anything after that and I'll be making a fortune.

Just my 2 cents. There are so many negative people on this board that scream "bitcoin is dying" every time we have a price dip. They should not be investing in anything since every investment has a risk.

[mestar]

So a finnish clown investor got lucky buying in the early days and made a fortune.

Then he opened a thread "calling the bottom" at $600-$500 literally days before the big downtrend that eventually took us where we are now, under $300.
Then he "invested" into a scam shitcoin and told everybody to put money in it. That shitcoin crashed too days/weeks after his shilling.

I remember that idiot, he was a pompous moron with mental issues.