Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
bitlancr
on 04/12/2015, 09:08:08 UTC
I would suggest you to buy something like 5 bitcoins when the Bitcoin price is 280 USD, and sell 4 of the coins when the price is around 350 USD,
5 X 280 = 1400
4 X 350 = 1400
so you will get 1 btc free of cost.
the big question now is when will the price of bitcoin go down to 280? you can't just say things that unlikely to happen right now

Nobody can answer that, only thing we can do is speculate about when that will happen.

I really doubt it will go below $300 again though. We've been at around $300 for 2 weeks or so now.

I believe it will either stay around $300 or it will go up.