Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
leonix007
on 30/06/2016, 06:10:03 UTC
Not right now, price is so high.

Definitely today is not a the right time to buy bitcoin if you are thinking to invest 1 bitcoin and you don't have something to hold to.
But if you already have bitcoin that you holds it is a very good thing to invest in a long term investment with that 1 btc.
It is not like that you think bitcoins price is worth 650$ man ? not at all !
Note it in coming days or may be months you will see the price jumping from 600$ to 1500$ or maybe around that. Please buy now before it gets too late for buying.

There is no guarantee the price will go to 1500. A sr. member like you should have no better then giving out this kind of ridiculous advice. If you buy bitcoins for profit, make sure to not go all in and being able to hold your bitcoins for years. Just like the 2013 buyers are still waiting for their profit...

Well as for the buyers of the year 2013 still they are expecting bigger price that's why they are not still selling their bitcoins bought that year.
That's why having a long term investment of 1 bitcoin is not enough it is better if you are going to add up more funds in able to get more profits when you are ready to get your profit.
Those people who have bought good numbers of bitcoins way back 2013 were already rich by now, they are just playing around with the extra BTC they have while they are already enjoying on their real business, the amount they play is just a mere profit so no big deal with them.

For sure they are now bitcoin millionaires now. And how about those people who have both bitcoin in the earlier days of it as the ICO went through that day.
And now they are holding thousands of bitcoins and they are now very very rich today.

Only if they haven't sell it yet, BTC is so unpredictable and fluctuation is so immense especially last year, if they have that long patience and huge BTC tolerance then I guess you're right they are now millionaires right now, but now it is almost a week that BTC is stuck with 640-650 and minimal movements.