Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
randy8777
on 09/03/2016, 15:03:12 UTC
I believe so that this is gonna be a long term investment to buy 1BTC today. As bitcoin value increases its rate this will definitely provide a good amount of negotiation or investment. I would also do this and thinking not just to have 1 BTC but more to hold on to it until its value increases..

Yeah, but it is recommended not to hold too long, if you are getting good profits then you should sell it and again wait for the price to fall so that you can rebuy it as we know that price keeps on moving up and down so don't think too long, believe in making profits in short term.

That's true and if the bitcoins doesn't do good in future then holding will not be profitable, as you will get panic and sell at the low price, but I think its good to hold 1 btc for future.
Yes but you need to be fast. I hope later that more people will have some profit later in the future.
But you need to have patience and that is very important. Otherwise you will sell it too early and you will have not that much money.


people don't have patience anymore as they are looking for quick profits only. as soon as they see they made 10% profit, they can't wait to secure their profits. after they have secured their profits they will most likely end up buying their coins back at a premium as they see the price go up. that's how you burn through your profits easily.