Re: Is it a good long term investment to buy 1 BTC today?
Not at the moment. The price is not stable enough. I would try next week as their is talk that it will drop significantly then you should buy 1BTC to test out.
It's a long term investment. It's better to buy at different times. For example:
Buy 0.1BTC today.
Buy 0.1BTC next week.
Buy 0.1BTC 2 weeks later.
Buy 0.1BTC next month.
Buy 0.1BTC 2 months later.
...
Buy a total of 1BTC in 6 months. I think that's the best investment technique.
It's better to purchase 1 Bitcoin right now at once than to buy it spreaded over several months. Now the price is still $325 you can benefit from it. Who knows what the price will be in January 2016. It could be $450-$500 which means you miss out on profits you could have made when you bought 1 Bitcoin at current price. The closer we are comming to the block halving, the higher the price will be
Your method might not work if the price drop to $250. With his method, he will buy more when the price drops.
If he does not have the $320 now, and he can have $30 per week, then his method works.
There is risk to both methods.