Is it a Good Idea?

[hollowtm]

What are your thoughts about purchasing Bitcoin atm at the price of $225.1 and holding it till it raises, I've been watching the price for the past few days and man it's like a roller coaster going up and down making me uneasy of whether or not I should buy a few bitcoins to hold it and sell it back out when it's high. What's your thoughts and opinions?

[LeMiner]

Don't invest more than you can afford to lose. Any investing is harsh speculation.

My opinion? Buy.

[odolvlobo]

Nobody knows.

The only good answers to your question are:
1. Buy at any price because Bitcoin will succeed.
2. Sell at any price because Bitcoin will fail.

Anything else is just random speculation by people that don't know any more than you.

[PolarPoint]

It is a good idea to buy small amounts of bitcoin whenever you have spare cash and save them. You do not need to worry about the price. When price shoots up, $300 or $400 are still cheap coins. It will not be in 2015, but it will come.

And this too:

Don't invest more than you can afford to lose. Any investing is harsh speculation.

[Miz4r]

What are your thoughts about purchasing Bitcoin atm at the price of $225.1 and holding it till it raises, I've been watching the price for the past few days and man it's like a roller coaster going up and down making me uneasy of whether or not I should buy a few bitcoins to hold it and sell it back out when it's high. What's your thoughts and opinions?

I would not recommend buying with the intention of selling it when it's higher. Unless you really aspire to become a professional trader, but then you might want to do a little research first about how to manage your risks and stuff. I would only recommend buying if you are actually interested in Bitcoin and want to experience how it works and what you can do with it. We have enough get rich quick kinda people in here as it is with no idea of what they're doing at all and I can only hope they lose all their money and leave. In that sense I'm actually quite happy we've had a pretty harsh bear market so far to scare these kind of people away.

[Chalkbot]

Buy some, and then never sell it. You won't lose any bitcoin that way.

[fonzie]

DON´T

[waterpile]

No one can give you the correct answer, coz like you its speculation. Invest what you can afford to lose

[bassclef]

Nobody knows. Historically the despair phase has been the time to buy in the past, when the price is relatively low.

Who knows though. Use your best judgement.

[DeadCoin]

No. It's simply not worth the risk. If you buy for $225 and intend to sell for $300 that's 33% profit, but there's more than 25% chance $300 will never be seen again so that's a bad bet.

I don't know what's your exit point, but you'll most likely never see it and end up holding the bag.

There's more downside potential than upside, so definitely no. And don't listen to bull scammers who tell you to buy, they just want to lure new suckers.

[Mieehayii]

try it firstly and tell me the result please 

[zimmah]

buy and wait until the dollar collapses and use bitcoin to buy bread/a home/a car

[ajaxmoor]

What are your thoughts about purchasing Bitcoin atm at the price of $225.1 and holding it till it raises, I've been watching the price for the past few days and man it's like a roller coaster going up and down making me uneasy of whether or not I should buy a few bitcoins to hold it and sell it back out when it's high. What's your thoughts and opinions?

Hard to say what will happen in the near future. I am holding, so would suggest the same .It also depends on how much loss you can take.

[bitgeek]

Depends how much you own now.
If you don't even have 1 BTC - buy.
If you have some, decide what % of your money is in BTC and if you can afford more. Don't be greedy bitcoin is not a get rich fast investment, your fiat may end up tied up in this for years.

[ajaxmoor]

Depends how much you own now.
If you don't even have 1 BTC - buy.
If you have some, decide what % of your money is in BTC and if you can afford more. Don't be greedy bitcoin is not a get rich fast investment, your fiat may end up tied up in this for years.

I don't think a lot of people buying bitcoin right now do it for getting rich. It very hard to predict if the price will go up or down.

[Q7]

Definitely buy if you have the fund. And no matter whether the price is going up or down, continue to hold on to it. Look long term and aim big.

[redsn0w]

Now I think it is a good idea to buy some bitcoins and hold them for 2-3 years , don't waste your time.

[Rude Boy]

don't buy, so you'll never loss

[1Referee]

If you're uneasy as you say, you can choose to just buy with 25% of the money you have to invest.

If the price goes down you can buy more on the way down, and then make a nice profit on the way up.

[noma]

It all depends on whats the amount you wish to purchase.
If its any small amount <5 BTC, then purchasing it fine