Re: Is it a good long term investment to buy 1 BTC today?

Bitcoin is a long term game, in my opinion, you certainly will have to wait to get rich. Just like the buyers of companies like apple, google and so on, you may have to wait a few years to get really rich.

You cannot expect to get rich only with 1 btc, as it is very small amount but in other way its good amount to invest in altcoin trading where you can expect higher profits if you invest 1 btc.

I bought a few bitcoin a week ago when the price was around $570. Now the price is $600. I will be rich in the future.

Well I see a lot of enthusiasm on here, price is now $610 only to remember that sometimes the price goes up and down.

Yeah nothing is sure in bitcoins, anything is possible either it will go higher or lower, but if you are lucky then you will take right decision at right time by buying or selling your coins.

yeah very likely that you're lucky to buy bitcoin at a low price and then after that prices rose very rapidly. I think it's very likely to happen and I often found like that. so take a look at the situation first before trying to buy bitcoin

Yeah you need to understand the price movements and market research before investing money in it, but I still believe that if you can afford to hold it for long term then you can buy it at any price.