Topic: $10 000 to invest, but at which price to buy? (Read 1629 times)

it's unbelievable to see this:



so everyone wants the bitcoin price to rise a lot to more than $20,000 but no one wants to buy bitcoin for $10,000? I wonder if no one wants to buy bitcoin for the price of $10,000, how the hell will the price increase to the point of reaching $20,000? and it gets worse when I see some people wishing the price to reach $100,000, if they don't want to buy bitcoin for the price of $10,000, will they want to buy for the price of $ 100,000?

Ethereum staking thing is not possible with this, when you want to buy 32 ethereum you have to spend it is just a bit higher at around 12-13k range right now, if it goes down a bit more at least you would get something and you could stake it. However that would require a bit more if it keeps going up, that way everyone who has built a staking node would make a profit as well.

So, right now it is not really a bad idea to buy 26 or so ethereum right now, and whatever you need to make to earn the rest of it which wouldn't be too hard, just 6 ethereum left, I am sure whoever made 26 ethereum investment could somehow manage to make 6 more ethereum over the course of some months as well, it is a lot of money but totally worths it when you want to own one good staking node.

I am agree with you that investment on eth is very good decision at this stage. The price of eth is near hand and after some days, it will be growing so fast and will hit a big price.

Ethereum is good but still it is risky if we will put all that money in one coin, I always telling that diversification is important because it helps us to manage risks. If I have that I will diversify it in 4 investment which are: 25% in bitcoin, 25% in eth, 25% in XRP and  25% in BNB. All of the coins that I mentioned are now in uptrend which means that the price is gradually increasing and there is a guarantee of winning as long as the uptrend will not snaps.
If we are talking in terms of entry points, for me the risks will be lessen if you will open a market order near at the support level because there is a high chance that it will bounce and make a swing high but you should put a stop loss beyond the support level in order to prevent huge losses.

Now, it is the right time to grab the ETH at the current price because the price of ETH 2.0 will help the ETH coin to increase its price, we should always choose them wisely in order to invest high amounts into single coin. ETH is very good coin to choose for long term investment.

Technically, we should buy when we feel the price is lowest. But it rarely happens as the price goes down after we buy and then we panic. The solution to this is never just stop investing no matter the time and condition of the market or the price of trading commodities or crypto. Just keep on investing as in the long term, the price is bound to grow!

I think I'd go all in with Ethereum and right now it's still low imo to fill the 32 eth required for staking. ETH 2.0 is really a great way to drive the price to a new ATH and who knows we'll see it passes the ranking base on market cap between bitcoin, that's not impossible.

Specially ethereum nowadays because we are talking about a proof of stake situation and I believe it will be a lot better.

Now don't get me wrong this doesn't mean that all proof of stake coins are good, look at the rankings and you will see that there are not that many out there making everyone rich suddenly, obviously proof of stake itself alone is not something that makes you profit.

However consider it this way, ethereum is the second biggest coin in the world right now just after bitcoin and there will be no more miners selling ethereum to cover for mining costs, shouldn't that really make the price go higher?

I am not sure if the increase for that is already calculated in or if it is too long away for such a thing but I would say do at least 50% eth and 50% btc, if not even more for eth.

You are really right that in the next six months we will not be able to reach 20k indicators, but nevertheless, if we take into account the indicators of 2013 and 2017 in the context of the halving results a year after the event, then if we adhere to the forecasts based on these historical data, we can only expect a year after the 2020 halving of the real Bitcoin rally in the market.

If I have a capital of $ 10,000, of course I will make good use of it. To be sure $ 8000 I will buy Bitcoin when the price hits
price $ 5000. While the remaining capital of $ 2000 I will buy some top altcoins such as Ethereum, Litecoin and Ripple.
After the total capital of $ 10,000 is used, it remains only to wait until all the coins we have have increased in price.

You didn't made mention about the asset class either BTC, ETH etc. Well, to enter any market, candlestick pattern with volume of price might be your best friend.

Are you still expecting that the price will dip below $8000? If that happens then it indicating that the short term uptrend already snaps and it is now transitioning into downtrend. The price will not dip at that level so do not expect that will happen because we are now in bullish market. This market is full of opportunities where we can make money by just holding.

For those who are not used to trade cryptocurrencies actively, I prefer to them to just do trend following. But be sure that you will buy in tranches. What do I mean by tranches? It is like pyramiding where you will buy bitcoin every breakout and not all in for you ro manage your risks very well.

Buying it at around USD7,000 is fine. But it is much better if I will wait for it to go down a little bit, maybe around 4,000 to 6,000 USD. That's a sure profit if bitcoin went again on 12k, or even 10k. But it's the largest if it went up to the moon. This time is not the best time to buy bitcoin, it's expensive for now, I am not into investment for btc for this it's current value.

Yes, Bitcoin and Ethereum are the most reliable and profitable investments for cryptocurrencies. Even if the price of currencies fluctuates there is a possibility of a lot of increase. I would also choose these two currencies to invest in cryptocurrencies and be willing to buy at a lower price. If the price goes up then it will be easier to make a profit.

If I had $ 10,000 I would invest in Ethereum immediately. We all know Ethereum 2.0 is coming soon and the bitcoin halving is complete. Therefore, in the future, there will be no doubt that the value of BTC will increase and so will the top coin. In addition, when you invest in coin top your risk is much less than investing in altcoins with low marketcap. If you invest in ETH, I recommend holding in the long term it is better, maybe it will return to the old peak.

idk what if whats that orcales your talking about but it sounds new and cool to my ears . that must  be thier own term for being unique  but thats not enough to convince me to put all the 10k dollars   .

 the said amount is freakin huge and there are more worthy coins that im more confident with .  with 10k dollars it wont be that hard for us to get an entry point , we can even start now if let say we will invest in btc . 

I will delve deeper into the project that I invested in, this method can also be done by beginners too, I will of course see the project is really unique or not, if it is unique I will buy it all my money, if I get $ 10000 I will buy cryptocoin like IDENA at this time, because their project is unique and interesting, at least waiting for the release of the voting oracles they are working on as well as smart contracts in the near future.

What would it be?long term investing or semi long term?don't tell me that for day trading because it is stupidity to target Bitcoin in such short time.

If you are referring for Long term holding at least 1 year or more?i will choose any of the available price but for now the Highest value to choose is 10,000$ things that maybe impossible to attain since the price of Bitcoin already Hype to more than 11,500.

Better to decide Buying at any chance now before the Bull run starts because if does?then you aill regret why took long time to decide and maybe late for the run.

Undoubtedly in Bitcoin, the reason is simple, when we are clear about the type of safe investment we just have to put the money there and wait, that is what should be done when investing, any cryptocurrency apart from bitcoin can be a good option The bad thing is that any cryptocurrency will always depend on the movement of Bitcoin, since they do not have a life of their own, bitcoin does.

I thought this thread is bumped by a newbie or some sort of shit poster but then I confirmed the OP bumping his thread again to talk how the price is very different from what he speculated in 2017.

I'm trying to be optimistic at all times, as possible as I can get but thinking bitcoin at $100k? uhh, it's a no no still for me but hope is not lost tho. Seeing this thread made from 2017 made me realized how things got different now, from $100 to $1000 to $2000 and now here we are at near $12k as of the moment. Bitcoin does not need to improve, the way I see it, it seems okay to me given that this is the first born coin in the market with so much reputation in it making it the highest grossing coin in the market. Bitcoin has nothing to show anymore to us, it will just increase naturally as we speculate.

I will suggest you for buying bitcoin and ethereum. Both of the coins are very popular, well known and potential. Hopefully, you will earn a great amount if you invest on bitcoin and ethereum now.

Another 10x? When the hell did bitcoin increased x10? I mean we are talking about something that is definitely I would probably see before if it happened, I couldn't be asleep right?

Even the most bare bottom of 2020 was around 3.6k and we never reached 36k so we could definitely say that bitcoin never had 10x this year. So, if bitcoin never had a 10x 4 months in the past 3 and a half years, why do you think it could happen now? And we are talking about the price being so high as well, right now it moved from 7k start of the year to 12k right now, it already increased, so how could it go another x10?

I mean that would be 120k? Do you really think that tens of billions of dollars suddenly come into the market out of nowhere? Obviously I doubt that could ever happen.

Funny, I didn’t know this was an old topic until I checked the date when it was posted, back in 2017. At this time around I don’t think the price will ever go down to $700, so that price shouldn’t be on the list, although I know that the op said that based on the condition of the market back then.

But, at this time the cryptocurrency market has passed that level and won’t ever go down to that level again. As for $2,200, it might be possible because during this bear trend this year when the coronavirus started, the price dropped down to $3,800 so no doubt. If I am given the $10,000 I am ready to invest it at any price rate.

Scattered?

I do agree with that sentiment but we do know on what would be the ending.People can go with hypes but in the end they would still accumulate nor make all conversions to bitcoin

once they do already made out some profit.Just like when ICO market or trend been hyping back into those years but people do still end up on supporting btc until the very end.

DeFi is a new thing but sooner or later the hype will be over and go back to basics as usual.

I was impress with the post on this poll. The date seems long time before and now it is rrally above 10x. Im wondering after 3 more years again we can see a 100k bitcoin price but in my opiniom its hard to move like that especially when the market investors are really into defi hype now. Another reason that they probably bitcoin is not improving much due to scattered investors whom also prefer to earn from altcoins instead buying bitcoin.

Bitcoin doesn't look bad to drop that much. The lowest that it might go down is $8,000 - $10,000. As you can see, OP has asked the question since July 2017, and if he bought already by that time he profited by the end of that year.
As it was the known bull market for cryptocurrencies but if somebody is just lurking and looking for advice. We're still in the good days to buy if they see bitcoin corrects.

The price you ready to buy depends on how the market looks then and up to then i.e. are there tendencies for price drops or not, how has the market behaved and what does it look like it may be like in the next few days.

Other factors to consider are the investment period long-/short-term? If the former then as long as you think the price goes up you should be fine entering at a reasonable price. The entry point becomes more relevant when going for short-term.

I would say right now is not looking that bad, we had an increase and we got a correction, you should check it out right now. I think OP probably got himself a place to buy but I feel like there could be other people who could check here to see if there is a good amount of suggestion.

Unfortunately getting into bitcoin is not really a steady thing, nobody could tell you to get in at x thousand dollars at every single time, getting into it at $11.5k today would be a good advice, getting into it at $11.5k a month later could be a bad advice, so at the end of the day it all depends on the situation. My suggestion of getting into it right now is valid for right now, it is not valid for anything else, even tomorrow things may have changed too much to get into bitcoin trading.

Almost all investors want to buy at a very low price so i will buy when the price of Bitcoin drops a lot. However, the price of bitcoin will not decrease much at the moment, so i think it should be bought less now and after research. Moreover the price of bitcoin is volatile so there is no guarantee as to where its value may go in the future. According to your topic i chose $1700 so if the amount is dollars i have and the price of bitcoin comes back to $1700 then i will buy a lot.

Amazing that you havent forgotten this thread after 3 years.When i do look at on dates then you do particular talk about 2k price and hitting up that 20k ATH in the end of the year.
If you do have put 10k investment on that time then you did really gain 10x if you do able to sell it off on peak price which i do really considered lucky rather than waiting up a little
bit more for more hopes of higher price.Regarding on the question if we do able to have 10x on next half a year with this current price? basically talks 100k+ price
then we cant really say because we havent been even expecting those 20k ath before.

With that much capital, of course you have to choose Bitcoin for investment. But won't buy Bitcoin at the current price,
at least I will wait for the price of Bitcoin to drop to $ 5000 which is low enough to buy Bitcoin in large quantities.And of
course I will not use the capital of $ 10,000 to buy all Bitcoin, at least 20% I will buy top altcoins.

Exactly! You can wait for a small dump if you want but you have to decide if you want it or not. If you do there will not be a better time.

So many people wasted their votes by choosing 1000 or 2000 dolars. You will never see these prices again! I'm 99.9% sure that we will never go below 3000 again. If you want to wait for a few years be my guest but it's not going to happen.

I would say wait for now, I know it could go up and higher and you could miss out if you do not get in right now and that would be bad however that is FOMO right now and I would say you should fight against it. Wait for the price to drop under 10k before you buy again, if the price of bitcoin peaked above 14k last year and dropped under 4k this year (due to pandemic mainly) that means that it could do that again.

Maybe it won't drop under 4k but the pandemic is still out there and if things get worse once again I would say anything under 8k would be a great place to buy, so you should wait for that. If you wait and price goes under 8k, do not buy with all of your money, buy with like 4k first and wait for it to change, if it goes down further you could buy some more to make it 10k total.

If you are interested in buying and investing for a long time, then you need to buy when the price deep then the next question will be when is the price will be deep. It is not normally advisable to buy when the price of bitcoin is very high especially unless you want to strategies your buying option and decides to buy little by little. However, bitcoin price is known to be very unstable so there is no guarantee for anything but it is better to minimize your loss.

Economic crisis not really started, understanding the laws of economics will help you see that real effect of economic cataclysms becoming visible in 1 till 2 years. May be due to globalisation we will see the effects already in 6 Months, means in September, but when a lot of people will not have something to eat they will start to sell everything what they have especially useless coins.

Let's come back in year and see.

When I asked the question, bitcoin were just above 2000 and went 10x in next half a year.

Now it is just broke 10000.

But will we have another 10x in next half a year?

You know what mate, please excuse me okay. Your question is common sense only. Why? if you believed that bitcoin will reach 10,000$ soon, then if the price now is 3400$,  well of course you must buy as long as you can buy then hold in a long term. Very simple isn't?

Well, I guess I will buy bitcoin now bitcoin due to it is not yet 10,000$. Don't you know bitcoin can hit 10,000$  by this year up to next year. So it is much better for you to buy now as the budget you had it at the present before its too late. It will surely go up more and more.

Yes, it will but you wont be able to buy for even 2200$ from now. It will not fall below that after August 1st and who knows it may never fall under 3000$ after the segwit. So its best to buy right now but its already started so you have missed the chance to buy for less price.

90% of bitcinblog.de readers think the price of Bitcoin will increase https://polldaddy.com/poll/9792688/?view=results

I sugges strategy of trading . Buy befire end of this month of august 1 and buy again after august 1 because fir sure after august 1 the price of bitcoin will increase because many people buy again more bitcoin so it will continue to increase. And possible price of bitcoin will become $3000 . And i hope that happen to earn a lot of profit. More bitcoin more money to come bitcoin is for longterm investment.

If you planning in long term investment buy now. there no reading to set a poll.

There needs to be clarification about few things and the first one is for how long you are willing to hold crypto currency after investing $10K ? The second most important thing which crypto currency exactly? Whether it is bitcoon itself or any other altcoin you wishing to invest in.

Now, why this is important,? Because periodic terms will explain you how much you can get inreturns by considering the fact that bitcoin (for example) will be rising in the price for sure so proportionally your savings will rise many times. This change will be huge as your investing big amount too. The second thing about which coins will tell you probability of your success. For example, altcoins are not much sure about success as who knows they will collapse in the future but bitcoin may not!!

So its huge investment and you must think these things before you proceed. :-)

Bitcoin under $1700 in current very difficult, because only when SegWit2x failure active, this happen will become true. But the schedule of SegWit2x has complete all and not have problem in this time. Only some people still want buy Bitcoin with cheap price before after August 1st the price of Bitcoin go to the moon. This is my opinion.

If it is for long term investment, i will buy at the market price after 1 Aug. If it is for the short term, i will monitor the market and buy at below $1700.

It depends upon the type of investment you make.If investment is on a short term basis,then you should better invest in altcoins which gives good profits even in short period.But if it is for long term investment,then you have to invest in bitcoins.Today,its price is $2522.Its gradually increasing but still it is lower than past high price of $2850.Since most of investors now believe that hard fork will not occur,they have started to buy bitcoins fastly.So,its price may even cross $3000 by august 1.So,it would be better to buy now itself to avoid missing the train.

Buy when the coin is at its dip or lowest price.  I base all my trades on both fundamental and technical analysis. So it is better that you are knowledgeable of the coins and updated about the current events too. A well informed mind can make all the difference.

I have sent you a PM, hope you'd find the time reading it. Thanks!

I'll suggest you wait till after Aug 1 to be on the safe side

If you go long for 5+ years you can buy now. But only if you do not need the money for other things in life!

As a variation of this, you could also go the route of dollar cost averaging and simply invest over the course of a predetermined timeframe regardless of price (say, USD 500,- each day for 20 days, or USD 1000,- each week for 10 weeks). This way you can even out large swings, without trying to guess a possible bottom. Either way I definitely wouldn't invest the lump sum of USD 10,000,- at once.

Thi is the main reason why you shouldn't care all that much about bitcoin's price. It's true that there is no one who can guarantee that price will be higher in the future.
Yet when we base our judgement upon the history of bitcoin price shifts the pattern is pretty easy to spot, it is never ending upward trend.
Price growth is only stopped (and resumed in no time) by catastrophic events such as a collapse of main bitcoin exchanges (MtGox fail and most recently bitfinex hack and Chinese government intervention) or FUD about potential bitcoin ban.

You need to strategise first with investment and then with Bitcoin and other altcoins . This will help you how much to invest and where and then break down those amount for that particular coin so that you can but at regular interval and will get an average price .

your question is all wrong.
first thing is you say "Cryptocoins" but i guess you mean bitcoin. because of your poll. if you want altcoins also as diversification then it is a very different question

second thing i can tell you is that don't think about 1 price to buy at. that is not a good way of investing money in bitcoin in my opinion.
the price is always moving, and you can never say if it is the bottom or is it still going down, or is the rise going to stop or will it continue.

for that i always suggest everyone to buy in steps. you first come up with a price range that you speculate is the bottom or won't go lower than that. for example $1900 to $2100. then you start placing all your orders.
majority of them in this range. then you place some lower orders but smaller for example you place $8000 in total of 10 orders in that range then place 2-5 orders of total size $1000 in $1800 to $1900.
also you place some orders above the highest price for example at $2200 you place 2-5 orders of total size $1000.

this way you will surely invest but also never miss a chance. for example if price dropped to $2190 and reversed back up to $10000000 you still have bought $1000 worth of bitcoin and have not missed the chance.

or if the price dropped down to $2050 and then reversed back up to $100000000 then you have invested most of your money so you can be happy anyways.

play with the above numbers both price and volume to reach a more comfortable strategy, these numbers were completely hypothetical. it is important to choose that range ($1900 to $2100 in the example) right. if you lowball that range you will only hurt your chances, and if you choose it too high, again you will hurt your chances.

p.s. good news is that even if you buy at a higher price than you feel comfortable with, you can be fairly certain that bitcoin will rise to that price again in the long term.

The survey must give some feeling, at which price people are ready to buy BTC, whatever reason they have and how long they will hold the BTC...

You should invest carefully. Try your best to gather as much information about the crypto you're trying to buy because to make some profits you should only buy when the price is lower than other times. Search using Google all the news any other sources and finally Monitor it yourself. If you wanna make huge profits never invest more than 1000$ on same type of trade.

Well you have to decide firsf which coin you're going to invest on. With that big amount, its advisable that you diversify your capital into several investments and with almost all altcoins and btc down at the moment, buying now would most likely give you a profittable return in the future.

today, you finally decide to buy bitcoin. but the price has already on the moon

if you are determined, please buy now.

I'd wait until the 1st of August drama passes, but personally I would be willing to buy Bitcoin at the market price because I know that in the long term it will be worth it.

Actually the entry point is significantly more relevant for long term versus short term... especially if you think you can get 10x return or more. If I have $10k to invest, I can buy twice as much at $1k versus $2k, so if the price goes up to $20k this is a difference of $100,000. The small difference in entry point will make a larger impact the more bitcoin price rises.

You have to be clear about the kind of investment. Short term or long term. For long term investment the entry point is not that relevant. If you go long on BTC is because you believe in it, and you probably believe the speculation about BTC several thousands above the current price, so if you target 5 or 6k per coin the entry ant 2k or 1500 k is not that relevant. For short term i would wait for post August first to see if there is a dump and try to calculate he DIP to enter there...

If you would get $10 000 to invest into Cryptocoins, at which price you would be ready to buy?