Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
crairezx20
on 29/07/2016, 15:00:28 UTC
I feel like it is a good investment in the probability of recovering in the price, I don't know about how safe it is since BTC price moves with a ton of volatility 1 BTC might worth less than half of it's value now after a few months. but i feel like the halfing price increase effect is going to come into play soon.
There's a possibility that if you buy 1btc today you might get a profit of 50usd tomorrow. So it is good term if you decide to do it now. Even volatility shows the fluctuation of bitcoin, as time goes by bitcoin price will keep on increasing because of it's deflation behavior.
I think 1 btc is not enough to hold for a long time i think its the best to hold is 15 btc so that you can make a good profit in the future..
Bitcoin is growing day by day so invset your money for bitcoin..