Is a single ND1000 filter enough for most situations?

I want to get myself an ND filter because I tried to do a long-exposure shot during the day and I couldn't. I want something of good quality but not break the bank, so I came accross a ND1000 filter from Hoya which I have heard is a good brand. I have seen cheap variable filters but I am assuming they have many compromises for being this cheap.
Since I am new to ND filters, I was wondering if a single 10 stops filter of great quality would be versatile enough?