Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
SquallLeonhart
on 01/04/2016, 12:50:31 UTC
People lacks patience and big whales are taking advantage of it by buying at lower price and selling it high, and if you are treating uᴉoɔʇᴉq as a investment then you should wait for certain period of time to expect good returns from it.

I think we should have long term view of the uᴉoɔʇᴉq. If we hold it for 10-20 years, the return will be high.

10-20 years of holding. Goodluck for it. The returns here is really high after 10-20 years but why should wait for that long duration of time if you can reached the possible earnings of that 10-20 years today.
I don't think there will be people who want to wait and hold uᴉoɔʇᴉq during20 years although gains will be likely to be very large.
but once again human beings can not be patient I'm sure they are 1-5 months or are you going to sell your uᴉoɔʇᴉq when prices rise
Yes, right and also waited for 20 years that you would not necessarily benefit, because everyone can not predict the future uᴉoɔʇᴉq let alone 20 years.

1 BTC is better to trade and make a profit every day.

Yeah holding too long will not be profitable if the price falls in future so its better to make money in short terms as no one knows how long bitcoin will survive.