Topic: A student investing in bitcoin? - page 3. (Read 1665 times)

If you're ready to invest in bitcoin, you can do so without any issues. You don't even need to ask if you can invest your savings in bitcoin; the question is, for what purpose did you save the money? Is it not bitcoin that you wish to invest in, which requires you to save some money in order to make it happen? No one can advise you whether or not to invest in bitcoin; all that is required is guidance and assistance in understanding the platform. Once you have this understanding, you are free to make investments; the most crucial thing to understand about bitcoin is its risk.

Bitcoin is not the kind of thing you might be thinking about. You see, people are talking about it and claiming to have benefited from it. However, the way people are talking about it will encourage you to invest in it without doing much research. Sure, there are benefits let me say, a lot of benefits for those who invest in bitcoin, hold onto it for a while, and then wait for the right moment to sell it. However, there are also risks associated with it. These risks do not imply that you will be taken advantage of; rather, they indicate that you won't see the results you were hoping for.

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.

Your image is motivating but you don't need it to be that large, you can reduce the size by including the width of the image by 200, skip the height it will adjust itself.

At tbe bolded part of your statement, you are working hard you say to fund your university studies and personal experiences, then I'm afraid to say that you are not financially strong to buy Bitcoin because you know what, you will sell that coin later in the future when you run into any financial problems later.

It's difficult to buy and hold Bitcoin if you are not financially stable, if you use your paycheck to buy Bitcoin, you didn't think of how to pay your university school fees, the textbook, the feeding bills, other unforeseen expenses you don't plan for in school such as assignment and group work. No way, you will only put yourself in a tight situation because you will hardly make much buying and holding Bitcoin for short period of time.

My little advice is this, focus on your studies and come out with good grades, by the time you are done school, you can continue your teaching job and be buying the amount of Bitcoin you can afford to buy and also be looking for more opportunities to increase your paycheck.

This is appreciable that you are doing a job as well as you are also desire to complete your study. All those who are earning some money and  has responsibilities they must think about investment and saving so I think you choose a better way of investment in early age.

You can invest in bitcoin without worrying about losing money but first get knowledge because you cannot become successful even in bitcoin if you don't understand the mechanism behind its use. After learning you should use the method of DCA so it will be beneficial for you in order to get greater profit and less loss.

This is the one golden rule rathe that investors need to take into consideration when investing into bitcoin. This is definitely a secure means of investing, people tend to go in with bitcoin with all they have because people say it is secure and jut a pump and dump coin. Yes bitcoin is secure and it is almost like the best asset to invest in no doubt but the price changes which is fluctuating most at times is the biggest risk. Bitcoin over time had proven That the longer the hold the better it is for investors, it is in this note it is advisable to use an amount which you can afford to lose, using this amount actual gives the freedom to sit back and allow the market hit one’s profit point. If you use an amount you are not too sure with it will definitely lead to panic mostly in moments where the market is bearish and some people would even panickly sell off some they hold at loss or cheaper price which isn’t right

You've made the right choice, go ahead and invest in bitcoin, but don't invest all your savings, just in case you need the money for other reasons. You can invest your funds in bitcoin if you cannot rely on your bitcoin investment. Just be aware that bitcoin is not a quick way to become wealthy. A lot of people have the wrong idea about bitcoin because they heard about it from others who invest in it and make money from it. You should learn more about bitcoin because it carries a lot of risk. The best way to increase your profit on bitcoin investments is to purchase and hold for a long time. If prices drop, don't sell them right away because it will going to rise again, you cannot lose money on bitcoin investments. Do your research before making a purchase.

I'm going to ignore the posts of users saying that you have conflicting posts in your post history and stuff and respond to the questions you've asked and the situation you've put up here whether it's true or not.

First of all, it's a good thing if you have enthusiasm about Bitcoin and Bitcoin investments and that you are interested in it, and it's pleasing to know that the youth is going in the right path, somehow, since you mentioned that you've heard students discussing Bitcoin and Bitcoin investments.
However, since you said you work very hard for your studies and teaching job so that you can bear all your expenses yourself, which means that you are not earning more money than you need for your expenses. In this case, I wouldn't recommend that you make investments in Bitcoin or anything, you also asked whether you should invest your savings in Bitcoin or not, I wouldn't recommend doing that too unless you understand the risks involved.

One should only invest money that they know they aren't going to need anytime soon because there is no guaranteed timeframe for you to get profit from your investment in Bitcoin or any other cryptocurrency.

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.

It is free for everyone to invest in if the person understands and another thing should be money again because you can not have interest and not have money to invest it does not make any sense, it will be more reasonable if consultation is taken seriously because one way or the other guard is need for any new person that is interested in investing in bitcoin so that you don't go to any platform and just waste money there and that is why a coach is needed, and if you have a coach you will even become better over time, but self-reliance is not that advisable.

Capital is also important but the knowledge will come after the capital has been secured, both capital and knowledge are important they work hand in hand because even with capital you can not succeed without knowledge, having a good coach you won't have an issue adopting with whatever bitcoin is coming with, you will have a better chance of settling whatever challenge.

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

The old saying "best time to plant a tree is 20 years ago, second best time is now" could be also true here as well. We need to remember that bitcoin is something you are both very late to and also never late to. Sure you could have invested earlier and made a lot more money, but just because of that it doesn't mean that you can't invest now.

You could also invest now and make some money as well, would allow you to make a great return without a doubt. I do believe that one thing a student must remember however is the fact that you can't sell it without timing it right. So if you will need the money at certain date, don't invest into bitcoin, you need to let it be and see when it peaks without interrupting the investment process.

There are no restrictions in investing as this is for those who want. But it doesn't mean that if you see your friends or other people invested in this, you will also do the same. Let us also asses ourselves if we can take the risk and do the necessary things need before we invest. You have money but this is not all about capital as it also how knowledgeable you are think that this kind of investment suits you.

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.

Yes absolutely right, everyone has own strategy according to their Investment,risk and profit goal and it's not work for all. We should use our own strategy according to our money management. We can learn from others, read other strategies but it just for learning purpose and at the end we should make a top strategy which gives us maximum profit with low risk involved.


Now adays some dex and Cex providing AI bot which could be used for DCA purpose and the best thing is that you will not missed the low buying chance, human mind could be changed but AI bot working on the data which we given.

That's right, when we decide to invest we have to make our own decisions and never decide to invest by following other people's advice even though we don't understand the investment well. If we have chosen to invest then we have to prepare capital that we won't disturb. until we can get the investment target so that we don't take the money we invested and we don't have a profit from the investment.

Using the DCA method will indeed be very profitable if we can buy it according to the date we set and can buy it consistently then we will be able to make a profit from the investment we have made.

If you have experience with Bitcoin investing then you can invest in Bitcoin at your own risk. As you gain experience with Bitcoin, you will be able to secure it on your own. Thousands of unemployed young men and women have cleared their jobless life by working in Bitcoin. I think from my side, I have come out of a very deep state through Bitcoin. But I would suggest you to use DCA method to continue your investment as you don't have much money to invest at once so if you invest your monthly earnings using DCA method you will definitely get a lot of profit. Currently the market is 50 thousand dollar market will go higher soon so many investors are making a lot of profit at the moment who invested by buying bitcoin from low price.

Should? You are free not to do so especially if you have doubts of it. You already said things; that there are people surrounding you who gained benefit from investing to Bitcoin and that instance caught your interest to do the same thing, right? Well there's nothing wrong with being curious of something and for wanting to earn more than what you have with your monthly salary, through investment but be sure to do your own research about it. You said you are a part time teacher and with that I assume that you know how to deal with things first before actually engaging into it. Same thing with whether should you put all of your savings into it. You are also supporting your own expenses, therefore going all out shouldn't be an option. If you really plan to invest then never be too greedy and invest only a portion of what you have so that if there are unwanted things to happen with the investment you chose, you wouldn't be in huge problem. Always manage the risk on everything that you will do.

No matter how good the potential is, for a investment, create your own margin with the risk involved. You are primarily asking questions why you should invest and that simply means you do not fully understand things yet. So what's the need to invest everything right from the start? Investments project profit over time but nothing is guaranteed. If you can afford losing everything of your savings, as a worse case scenario, then do put all of it.

Yes why not? You really seem to be interested in bitcoins and it's a great way to learn more about the topic when you actually own some coins yourself. With a part time job you are getting a regular income and might be able to save some money every month. That would be perfect to invest that money into bitcoins, assuming that you don't need that money any time soon. Only use money for investing that you can afford to lose. If you need some money for your studies, for example to pay tuitions, than you shouldn't be using that money for crypto investing. Your education is more important than making a profit with bitcoins. So, if you have spare savings that you don't need start investing now and best follow the DCA method. Here you are making fixed purchases every month and don't have to worry about the current bitcoin price so much.

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.

When I was studying in school, I did not understand what digital currencies are in this crypto world.  When I started looking for them.  got into college because since then slowly I had an older brother working here to invest and.  Bitcoin regularly joins the signature.  After getting to know him, I came to this platform and then slowly learned a little bit from him and then slowly invested.  Not everyone learns everything and a little bit. I also learned a lot by coming here but I hope everyone benefited a lot from here but that's all.  Alhamdulillah, I have achieved almost as much success as I did without Invest.

You can invest here cause this place is a Bitcoin forum which was created by Satoshi Nakamoto to serve as a means of community communication and discussion about BTC, blockchain and cryptocurrencies.

I feel sad you asked this question after a lot of multi-trillion investment companies have filed for Bitcoin spot ETF and have already pumped Billions into the Bitcoin market. My question is. Do you think all these investment companies like BlackRock are crazy for putting Billions into BTC?