A student investing in bitcoin? - page 2.

cryptoWODL

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Quote from: IvugeoEvolutionCoin on February 18, 2024, 09:05:37 AM

If you want to invest in Bitcoin, you need good investment experience. Investing on other's advice is never likely to make a profit, so we should invest with good investment experience.

The more experienced you are, the more successful you are. Investing definitely requires experience If you are an experienced investor then you can start investing properly by buying the right coins at the right time.But we must value our own opinion more than other people's opinion in order to invest.

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If someone starts investing from student life, I think it's a bonus point. It can be very good for us if we do jobs besides investing.

Maybe there are many people in our forum who started investing in bitcoins as students maybe this is a good venture for them.

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It can be very good for us if we do jobs besides investing

One of the benefits of investing alongside the job is that we can continue our investments with the money we do not need from the salary we get at the end of the month.Those who have a job and want to invest are able to continue investing in the DCA system with the remaining money from their required amount.

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Quote from: IvugeoEvolutionCoin on February 18, 2024, 09:05:37 AM

Quote from: NNRR on February 17, 2024, 03:24:04 AM

It doesn't matter if you want to invest in Bitcoin, whether you are a student or a working person or a businessman, it is your own business because this market is very risky and you have to face losses as well as gains, so it is wisest to do what you want without listening to anyone. If you have extra money then you can invest

If you want to invest in Bitcoin, you need good investment experience. Investing on other's advice is never likely to make a profit, so we should invest with good investment experience. If someone starts investing from student life, I think it's a bonus point. It can be very good for us if we do jobs besides investing.

In any case there is no substitute for experience. Those with more experience will definitely get better results. Holding Bitcoin requires long-term planning. In that case if an investor can collect bitcoins from student life then he can be ahead of others in bitcoin investment. By investing in student life, an investor will get a better understanding of Bitcoin and learn the lessons quickly. They will also get an idea of how they can improve their financial situation in the future. If a student invests in Bitcoin before starting his career then his portfolio will grow and he can own a huge amount which is definitely difficult for general investors. I think a student will have more benefits than a general bitcoin investor.

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Quote from: Septex on February 07, 2024, 01:12:18 AM

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Investing in Bitcoin is the best investment decision you can ever make,but it's important to be fully aware of what you're getting yourself involved with. I don't know what your friends friends told you about Bitcoin or the knowledge you've gathered about it, but one important lesson I always like to give to new Bitcoin enthusiast is that you shouldn't go into Bitcoin Investment with the hopes of making quick profits.

Bitcoin isn't a get rich quick scheme so if you're expecting to start making profit off Bitcoin next month or even next year, then I suggest you go do more findings and get your information straight. Bitcoin is undoubtedly one of the best assets to invest in but you need to go in with the right information.

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Quote from: BALIK on February 16, 2024, 11:22:50 PM

Quote from: Nrcewker on February 16, 2024, 05:52:33 AM

Now multiple people will have multiple opinions on this. If you would ask me, then don’t invest your savings in any type of investments. These are “savings”, these needed to be saved in any place safe. These are the money which will come handy when there is any emergency. Don’t invest these amount in any sort of investments. Now regarding the profession, then if you are earning some amount of money while studying, then it will be a good decision to invest some portion of the earnings into Bitcoins.

Simply put, we need to distinguish that saving and investing are two completely different methods, they are not the same. Saving will not increase our wealth but it will preserve value over a period of time and is often used in emergencies. Meanwhile, investing can help us increase asset value but can also cause us to lose money, or even lose everything if we invest in the wrong project or asset. And Bitcoin is a highly volatile asset, so it cannot be considered a good place to save but is only suitable for investment.

Bitcoin is worth investing in because of its potential but like other investments, we need to have complete knowledge about them, otherwise we will have to pay a very high price.

If savings will go in fiat then we really don't have anything to expect since our money in that form will not grow. We will just got defeated by inflation that's why its not really advisable for people to save their money in that form since nothing will happen to them.

But if they put it on bitcoin then the potential is big since imagine how great the potential for a huge price rise so if you bought your balances at more cheaper price then we can expect to get a good profits for even storing our balance on our wallets.

It's important for us to know what's more better since good decision making will result to good that's why we need to think on things that is important and try to eliminate things that we think safe but at the end we end up losing.

IvugeoEvolutionCoin

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Quote from: NNRR on February 17, 2024, 03:24:04 AM

It doesn't matter if you want to invest in Bitcoin, whether you are a student or a working person or a businessman, it is your own business because this market is very risky and you have to face losses as well as gains, so it is wisest to do what you want without listening to anyone. If you have extra money then you can invest

If you want to invest in Bitcoin, you need good investment experience. Investing on other's advice is never likely to make a profit, so we should invest with good investment experience. If someone starts investing from student life, I think it's a bonus point. It can be very good for us if we do jobs besides investing.

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Quote from: UchihaSarada on February 18, 2024, 07:00:41 AM

Quote from: Septex on February 07, 2024, 01:12:18 AM

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Surely this is an investment channel for a young person like you to participate in. I believe you have also searched for the best understanding of Bitcoin and this market, along with information about the recent Bitcoin ETF that can strengthen your confidence in this market. Start with money that you think won't impact your life and family if lost, then with permanent savings accounts you can set aside to buy Bitcoin. The initial profit may not be much, but after a long process of buying spirit, the compound profit you receive will be huge. I think this is the safest and best approach for you when first looking to invest in this market. Start now, don't hesitate any longer.

Digital currencies provide unparalleled prospects, especially for tech-savvy youth. Starting small and using compound interest is timeless advice for both Bitcoin and other investments. Discipline is key, though. Understanding cryptocurrency waves is as important as grabbing the moment. While Im favor investing, it must be done with a plan. Investment success requires diversification, learning, and risk management.

ETFs as a way to invest in Bitcoin display the market's evolution. The uninitiated may like it because it resembles classic investment arrangements. Bitcoin investment's decentralization and blockchain technology's transformative potential define it.

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Quote from: Septex on February 07, 2024, 01:12:18 AM

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Surely this is an investment channel for a young person like you to participate in. I believe you have also searched for the best understanding of Bitcoin and this market, along with information about the recent Bitcoin ETF that can strengthen your confidence in this market. Start with money that you think won't impact your life and family if lost, then with permanent savings accounts you can set aside to buy Bitcoin. The initial profit may not be much, but after a long process of buying spirit, the compound profit you receive will be huge. I think this is the safest and best approach for you when first looking to invest in this market. Start now, don't hesitate any longer.

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Quote from: Nanga Parbat on February 13, 2024, 12:52:30 PM

Bitcoin has become a popular investment tool nowadays and everyone is thinking of investing their money in it. it also carries risk, but if properly understood and invested at the right time,it can yield good returns.

Ever since Bitcoin was created, its popularity has skyrocketed day by day.Along with its popularity, the price of Bitcoin has increased a lot and may continue to increase in the future. Even those who have little knowledge about crypto currency are now interested in investing in Bitcoin as they know that investing in Bitcoin earns better profits than other coins.So now everyone is not only thinking about investing in Bitcoin but also starting investing in Bitcoin.

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because it has so many advantages given the stabling and growth of Bitcoins price,some people believe that every investor should invest at least a small amount in Bitcoin.

The price of various coins in the cryptocurrency market and the price of Bitcoin is never stable and the price of this coin fluctuates constantly.Yes people can start investing in Bitcoin with small amount of money.One of the advantages of investing in Bitcoin is that the risk involved in investing in this coin is very low, which is why everyone prefers to invest in Bitcoin.

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Quote from: EL MOHA on February 14, 2024, 06:55:31 PM

people tend to go in with bitcoin with all they have because people say it is secure and jut a pump and dump coin.

Do you understand the meaning of a pump-and-dump coin? A pump-and-dump coin is a cryptocurrency that is pumped for personal gains by the creators and then dumped when they dump all their holdings in the market and those who buy the coins become exit liquidity for creators. So, Bitcoin can be called secure because it is undoubtedly the most secure cryptocurrency in the market, but it cannot be called a pump-and-dump coin because it doesn't fit in that description.

When we talk about going all-in on Bitcoin, it depends on a person's understanding of the market and their trading strategy. Some people might prefer doing DCA and buying Bitcoin in portions for a better average price, however, some tend to like buying with everything they have at a certain price point thinking they can't get a better price than it and they are happy with it.

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It doesn't matter if you want to invest in Bitcoin, whether you are a student or a working person or a businessman, it is your own business because this market is very risky and you have to face losses as well as gains, so it is wisest to do what you want without listening to anyone. If you have extra money then you can invest

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Quote from: Nrcewker on February 16, 2024, 05:52:33 AM

Now multiple people will have multiple opinions on this. If you would ask me, then don’t invest your savings in any type of investments. These are “savings”, these needed to be saved in any place safe. These are the money which will come handy when there is any emergency. Don’t invest these amount in any sort of investments. Now regarding the profession, then if you are earning some amount of money while studying, then it will be a good decision to invest some portion of the earnings into Bitcoins.

Simply put, we need to distinguish that saving and investing are two completely different methods, they are not the same. Saving will not increase our wealth but it will preserve value over a period of time and is often used in emergencies. Meanwhile, investing can help us increase asset value but can also cause us to lose money, or even lose everything if we invest in the wrong project or asset. And Bitcoin is a highly volatile asset, so it cannot be considered a good place to save but is only suitable for investment.

Bitcoin is worth investing in because of its potential but like other investments, we need to have complete knowledge about them, otherwise we will have to pay a very high price.

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Quote from: Nrcewker on February 16, 2024, 05:52:33 AM

Now multiple people will have multiple opinions on this. If you would ask me, then don’t invest your savings in any type of investments. These are “savings”, these needed to be saved in any place safe. These are the money which will come handy when there is any emergency. Don’t invest these amount in any sort of investments. Now regarding the profession, then if you are earning some amount of money while studying, then it will be a good decision to invest some portion of the earnings into Bitcoins.

well, in this case, I also agree that saving in bitcoin is not a very good idea. I think that the best way for someone who is interested in investing in bitcoin, and has a salary that is not too large is to invest a few percent of his salary every month, and do the DCA method to increase his assets little by little. That way, he might be able to carry out good management of the salary he has, so that the salary he has has a share of investment, savings and meets his living needs. That's better than investing all your savings in bitcoin. Because this is quite risky.

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Quote from: Essential10 on February 12, 2024, 12:54:19 AM

Quote from: Septex on February 07, 2024, 01:12:18 AM

Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

Why not, you must invest Bitcoin from your personal decision. Since you have a source of income besides your educational status. So you can definitely invest in Bitcoin, but invest only as much of your savings as you feel comfortable. I think now is the best time to invest in Bitcoin, you can start investing in Bitcoin from the current moment. You can adopt DCA method, deposit a part of your income in that case I think DCA method will be best for you. If you notice bitcoin halving in front. Make your investment consistently and patiently hold your bitcoins, hopefully you will get good profits in the future.

DCA method is the best among the best and best methods of investing. If Bitcoin can be played at the right time then it will definitely be possible to get benefits from it. A person can never invest without doing market research, so market research is most important in investing followed by DCA method. If you invest in Bitcoin weekly or monthly, within a few days your portfolio will start growing and your profits will increase.

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Quote from: Yamifoud on February 16, 2024, 01:01:11 AM

He is supposed to do that and have strong hands. Otherwise, he will not be going far and possibly quit right after seeing the prices drop. That is why I'm not suggesting anyone always check their portfolio because that will affect our minds especially when seeing our portfolio is red. Understanding the market behavior is very important at least we are ready for what will happen next. If he is able to hold his Bitcoin until finishes his studies, he will not just make money but also his experience make him realize that investing is a good earning opportunity rather than just saving.

Those people who start investing at an early age make their lives better in the future. And this kind of mindset should be developed especially if you have the capacity to start.

He will be able to see the result if he can invest a sufficiently significant amount, but I am not sure that every student is able to do this. Student years are a difficult period for most, not everyone can study and work, and if there is an opportunity to earn extra money, the income will not be so great.

In addition, sometimes he may need the money that he saved, and this will also not be in favor of hold Bitcoin. You need to save in any case and invest in Bitcoin in the same way, but to buy Bitcoin you need to choose a good time, and now when it is approaching its ATH, it may not be the best time for this.

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Now multiple people will have multiple opinions on this. If you would ask me, then don’t invest your savings in any type of investments. These are “savings”, these needed to be saved in any place safe. These are the money which will come handy when there is any emergency. Don’t invest these amount in any sort of investments. Now regarding the profession, then if you are earning some amount of money while studying, then it will be a good decision to invest some portion of the earnings into Bitcoins.

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As the OP failed to get merits with his dramatical and seemingly fake story in the OP, should he lock the thread when he returns from his self-imposted exile?

Quote from: JollyGood on February 15, 2024, 06:38:43 PM

When I read the OP, the first thing that came to mind was a particular alt-account farming, narcissistic and compulsive liar that is still operating a number of accounts and also works with a particular campaign manager as his right-hand man.

After looking at the post history of the OP, I realised two things: seven pages later the OP did not even make another post and he has posted in a particular local board. It might be nothing but then again, time will tell Grin

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Quote from: Bd officer on February 15, 2024, 02:25:28 PM

Quote from: Septex on February 07, 2024, 01:12:18 AM

I first came to know about cryptocurrency in 2019. Back then some of my friends were discussing Bitcoin but I didn't understand much. After that, they were not even researched. Then in 2022, when I passed college and entered university, I heard new friends discussing Bitcoin investment again. They have benefited from this. Then thinking about making profit in bitcoin investment I want to invest in bitcoin. I also want to know how it works. Currently I am a part time teacher in a private college along with my studies, I work very hard to support my university life and my own expenses. I deposit some money at the end of the month. Now having interest to invest in this bitcoin I want to invest here. Should I invest my savings in Bitcoin?

OP, you have decided to invest the money you deposit at the end of the month in Bitcoin which is a good decision. Investing money is better than saving it. It will be very good for you as you will be investing at the end of every month which will be invested in DCA method. OP you should take care not to harm your studies. You continue to invest regularly, hopefully you will earn good profits.

You (OP) have mentioned an important point here that you (OP) need to spend enough time on investing in Bitcoin as you are a student, how much time can a student spend studying if he spends most of his time on Bitcoin investing. Of course a student's first task would be to spend enough time in studying and then if he retiresIf time allows then there may be some time to spend on Bitcoin investment. But another thing is very important if OP chooses time to invest in bitcoin before feb then he should get good profit by investing bitcoin now because before february bitcoin went close to 40 thousand dollar in end of january now bitcoin is crossing 52 thousand dollar in february. 40000 if OPIf you invest in dollars, you will definitely get a profit of about 10,000 dollars at the time of 50,000 dollars.

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Quote from: terrific on February 14, 2024, 09:17:54 AM

Quote from: Yamifoud on February 13, 2024, 04:41:14 AM

Well, I would say that investing is a good choice for you but as been said, make yourself ready to adopt the volatile nature of the market.
And to remind you not to be greedy.

As a student, he'll for sure going to feel the bad days and will be disappointed to see what's happening on the market. With that, it might make him think to quit.
But that's part of investing into Bitcoin and as everyone can see, Bitcoin goes $51k is an interesting choice and will make him see that he'd able to invest well throughout the time and even a good gift during his graduation.

He is supposed to do that and have strong hands. Otherwise, he will not be going far and possibly quit right after seeing the prices drop. That is why I'm not suggesting anyone always check their portfolio because that will affect our minds especially when seeing our portfolio is red. Understanding the market behavior is very important at least we are ready for what will happen next. If he is able to hold his Bitcoin until finishes his studies, he will not just make money but also his experience make him realize that investing is a good earning opportunity rather than just saving.

Those people who start investing at an early age make their lives better in the future. And this kind of mindset should be developed especially if you have the capacity to start.

JollyGood

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When I read the OP, the first thing that came to mind was a particular alt-account farming, narcissistic and compulsive liar that is still operating a number of accounts and also works with a particular campaign manager as his right-hand man.

After looking at the post history of the OP, I realised two things: seven pages later the OP did not even make another post and he has posted in a particular local board. It might be nothing but then again, time will tell Grin

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Quote from: icalical on February 11, 2024, 09:31:56 AM

Quote from: Septex on February 07, 2024, 01:12:18 AM

Should I invest my savings in Bitcoin?

I assume this is your main concern, will it be safe to invest most (or all) of your saving into Bitcoin. You said that you are still a university student, so I assume don't have wife and kids, and other responsibility, so investing all of your saving won't be a problem, you are the only people who depends on your money, so you don't need other peoples permission and all of the risk, profit or loss will only affect you. Moreover if you are still supported financially by your parents, you will still have some money from your parents if you invesed your saving into Bitcoin.

You can save your savings in bitcoin if you think you don't have anything to do with the money, you can invest in bitcoin and just leave it for long term to be profitable, but if your savings won't be a long term, I won't advise you to invest in bitcoin if you aren't ready to leave for long term because if is a short time, you can probably lose, because bitcoin doesn't raises once he takes time to increase and that makes it a good investment, but you can be keeping even if it is 20% of your savings in bitcoin gradually you will see the coin as started plenty and you will be profitable with it, It's simply that you need to establish a plan before you can start investing. It's a good idea to ask for support, but if you don't mind touching your money for a short period of time, you can invest in bitcoin and meet your goals.

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