is it wise to invest in BitCoins?

bruno0

bruno0

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A client of mine sent me payment to Bitcoin few days back
it was my first experience with bitcoin. Surprized to see the value of bitcoin is raised often .
the value of the bitcoins is now $60 more in just a weeek.
so is it wise to
1. Leave the amount just sitting there for maybe a month or two . and let it make some profit/ or loss
2. Or withdraw the money with any exchanger and forget about it?

Do let me know if you guys have experience with it
 
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Well, if I wasn't strapped for money, I would just leave the bitcoins sitting on my account. Who knows where bitcoin can end up in just a few months.
 
Sell it if its around 300$ :) Hope soon ! I got a lot profit from stellar when it was new :)
 
I Don't think it's gonna rise too much for now. maybe max 100 up and down . So unless you have a lot it's not too worth it.
 
It's pretty much like stock trading. If you think the price is going up from where it is now than yes. You should understand that it is high risk since the price is so volatile.
 
OP, what exchange or you referring to? Looking at blockchain, the lowest price in the last 30 days was $215 USD, highest was $245 USD.

Where did you get the $60 from, I see $30?
 
Izzma said:
OP, what exchange or you referring to? Looking at blockchain, the lowest price in the last 30 days was $215 USD, highest was $245 USD.

Where did you get the $60 from, I see $30?
Click to expand...

Imagine that he may have more than 1 bitcoin, incredible. Imagine if he had 2, then it would only need to rise 30$ each one.
OR IMAGINE if he had 6, it would only need 10$ to rise to be 60$ profit.

OH MY GOD THE POSSIBILITIES.
 
i offer bitcoin as a payment method ,even on my ebay listings , not only do i get bitcoin but i usually get to know these people much better than when i recieve a paypal payment . it usually ends with me taking more bitcoin further down the line too .but i love bitcoin ,not just for the monetary value either , i like that i have a way to hide my money and i like the fact that the few i have stashed away will most likely later be worth 4-5 times what the value of the work or website was worth .
if you had a website that could be worth $1200 next year but you were offered $220 today what would you do ?

the way it looks to me is the price is being held down deliberately ,probably by whoever bought at the auction . im holding my bitcoins
 
Ask those people who bought in at $1100 a bitcoin how they are feeling about their investment? The chart lately hasn't looked so hot.

https://www.coinbase.com/charts

Our business accepts it. Its just another way for clients to pay. Most times we change them out, but we do hold some in our account as well. I like the idea of what it could be, but I think its already seen its high.
 
i think the main problem is that most of the people that trade btc and other coins expect to make money every day just by riding the waves ,well those days for now at least are gone . you wouldnt expect to be able to make money day trading tesco shares or even silver .well not unless you had thousands of shares and make money on 1% difference .theres way to much money involved now for them to let the ordinary man make money that easy .btc is for the big boys now and if you have some just be glad you got them when you did
 
I wanna buy some btc.I have a big payment to make.I will probably buy a little excess so as to keep some in the wallet.
 
Is it wise to invest in 100 shares for XYZ Company? It has risen to 1200 USD and plummeted to 200 in months.
 
It is wise to invest in bitcoins while you know what you're doing. :)
 
You can earn good money, and at the same time also loose lot of money.
 
Better than fiat money I'd say. But nowadays, I don't think its a good idea. KNC just moved over 9000 bitcoins and that's a very bad sign.
 
I only have a small amount and the value jumps from the beginning of the day to the end.
 
It depends on whether you are willing to accept the risk involved after investing for bitcoins.
 
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