Topic: Bitcoin investment - page 2. (Read 474 times)
If you want to invest in the long term, buy BTC and ETH now, right now is the right option, and just hodl, if you want to trade, there are other interesting tokens and coins on the market
When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
I would say get on the board as soon as possible because there are some serious talks about $100k very soon, which might not happen but if it does, you would regret having money in hand but kept waiting for the right time. And one thing I can assure you, no one here on the forum knows which direction Bitcoin will move next. All we know is that overall the price movement is going to be upwards.If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
Not a bad idea but don't allocate too much towards unknown and new coins, instead go for projects which have a decent market cap like BNB, ETH and maybe DOT.Its your call and its your money but if I was having the money and wanted to invest, I would go all in bitcoins looking at how much investors are jumping into the BTC market.
If you are planning for a long-term investment you can buy Bitcoin at its current price. But if you are intending a short term investment, can wait for the price of Bitcoin to fall even further, if Bitcoin drops below $ 40k it is a very good time to buy Bitcoin for short term investments. Then I agreed to use investment capital by buying Bitcoin with a larger percentage, because Bitcoin is the safest for investment. Then the remaining capital that is owned can buy some altcoins. If your capital is large, don't keep your Bitcoin on Coinbase, because it is very vulnerable to being hacked. It should be stored in a hardware wallet which is much safer.
Completely agree with that and any investors looking to buy and store bitcoins for long term should not be too bothered by the small fluctuations and shouldn't wait for a correction to happen because it might not happen and the price could reach even higher by time you plan to buy.If you are a day trader though, I would say wait a little bit because the price is really high and you might not be able to get profits as quickly as you might want by selling.
(I am seeing some people are advertising their own services here (with paid subscription), I am recommending not to give any attention to such things as their initial step to promote their services is not in preferred manner.)
Bitcoin investment is always good for long term correction so we always make good return in crypto investment. The current bleeding market is little hard to choose Bitcoin so we can move on other altcoins.
1. Traders are always monitor the pump and dump so they can invest a perfect coin on perfect time.
2. Trading is purely unpredictable so little analyse and predict our own though is a good decision.
1. Traders are always monitor the pump and dump so they can invest a perfect coin on perfect time.
2. Trading is purely unpredictable so little analyse and predict our own though is a good decision.
Have you buy bitcoin?
Bitcoin price is decreasing right now, seem like a correction is coming so you should be carefull if you don't have a good prediction, unless you choosing it as your long term investment, then you have to be comfortable because it will give you a good return.
As for an altcoin that still reccomended to buy is ADA (Cardano) this is a good coin. I've been holding it from this coin start to updrade its system to shelley and I still hold this coin until now. Although it has been giving me a huge profit for almost 70% from my initial fund I will not sell this coin, my target price is $3, so you can try it.
Bitcoin price is decreasing right now, seem like a correction is coming so you should be carefull if you don't have a good prediction, unless you choosing it as your long term investment, then you have to be comfortable because it will give you a good return.
As for an altcoin that still reccomended to buy is ADA (Cardano) this is a good coin. I've been holding it from this coin start to updrade its system to shelley and I still hold this coin until now. Although it has been giving me a huge profit for almost 70% from my initial fund I will not sell this coin, my target price is $3, so you can try it.
The market condition is currently bearish and all coins are experiencing a decline in price due to bitcoin's deep correction. In a situation like this, a newbie or an expert is not recommended to enter the market because the risk of the decline in bitcoin prices has not stopped. You have to pay attention to market conditions first. Use a really mature strategy to get into bitcoin. Wait for the price to rise again and the uptrand occurs again. Now stay away from the market first. Don't waste your money for nothing, it will also disturb you mentally. If you are already signed in, keep holding and waiting for the price to rise, you must have a target price that you want to achieve.
Won't be really recommending a newbie to step in buying Bitcoin if they don't know anything about trading at all also we need to consider your emotional capacity if you can take Bitcoin/crypto trading because in my experience I have seen a lot of newbies who entered the market because of the hype and then later on losing their minds and money together because they don't have any plan at all after buying their first crypto. I suggest is for you to practice trading on a platform that allows you or just in a crypto portfolio management app and do mock buys and sell and see how you progress. If you don't have the time and patience for that and you are willing to lose your 1,000$ then just go ahead and feel the market as you please.
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1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
Don't get into bitcoin now becasue the market still showing signs of fall against the current buy, According to what we heard about bitcoin price, the price will dippen towards $30k before institutional buyers will step into the market even though they do the impact won't be felt seriously. Also, i would advise you not to buy all portfolio to be bitcoin, diversification should be a good idea for your investment becasue there are coins that can make more profit than bitcoin in a short-term. 1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
1. Just get on board.
2. BNB, ETH, or LTC. Any of those or you can actually buy all of them with the remaining 20% and just equate and divide the amount dedicated for the remaining 20% into three.
2. BNB, ETH, or LTC. Any of those or you can actually buy all of them with the remaining 20% and just equate and divide the amount dedicated for the remaining 20% into three.
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Good thing I never had a bad experience yet from my bad habits back then. I still have some BTC in my web wallet but I still hodl some in a separate wallet that is just purely intended of hodl purposes. My web wallet is particularly for side purposes or quick service to use my Bitcoin at because I am aware the risks in holding in custodial wallets. heh.
1) Buy some bitcoin with 20% of that 80% that you're willing to invest in Bitcoin and keep buying more bitcoin if it goes down more and add %25 for the next buy and add 35% more to your stack if it goes down even more, in other words never go all in at once, laddering buys and having some capital on the side to buy cheap always helps to give you way better average entry price and minimizing your exposure to risk.
2) Since you're a beginner start with high cap altcoins like Ethereum and Litecoin, low cap altcoins are high risk/high reward but it's better to avoid them till you get some grasp on trading and crypto market in general.
That is the DCA method and it works %100 every time. I have done this, bought when it is going down AND up, bought in any price, and eventually bitcoin always goes up. Of course this is a long term thing, it is not a let's do it today and be in profit tomorrow thing, it is more like let's do this and be in profit 6 months later type of deal. 2) Since you're a beginner start with high cap altcoins like Ethereum and Litecoin, low cap altcoins are high risk/high reward but it's better to avoid them till you get some grasp on trading and crypto market in general.
It is going to be hard, but it is not going to be impossible, it is going to be a bit more than exciting and anxious at the same time, you will see it go down sometimes, and be sad about it, and you will want to sell it when you see it going down a lot, everyone feels scared, even the richest people in the world feel a bit scared, but you have to end up not selling so that you could profit later on, that is where the real rich people become rich because they wait no matter what and they make a profit from it.
Hi Guys,
I wanted to invest a bit of money (£1000 max at the minute until I understand a bit more) in crypto currency - mainly bitcoin.
I am a complete newbie so would appreciate some advice on the following:
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
I am using coinbase. Thanks for your time.
1. Yes, it is best to wait for a big drop that can happen anytime than to buy at the current price.I wanted to invest a bit of money (£1000 max at the minute until I understand a bit more) in crypto currency - mainly bitcoin.
I am a complete newbie so would appreciate some advice on the following:
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
I am using coinbase. Thanks for your time.
2. For that 20%, maybe you can buy ethereum or BNB or you can buy both ethereum or BNB for each 10%.
But you can buy for 100% in bitcoin, and then you can buy ethereum or BNB using your bitcoin. The other thing that I can suggest you make at least 3 orders buy to prevent if the price is down for more so you can get time to buy bitcoin at a lower price.
Hi Guys,
I wanted to invest a bit of money (£1000 max at the minute until I understand a bit more) in cryptocurrency - mainly bitcoin.
I am a complete newbie so would appreciate some advice on the following:
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get on board now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
I am using coinbase. Thanks for your time.
I wanted to invest a bit of money (£1000 max at the minute until I understand a bit more) in cryptocurrency - mainly bitcoin.
I am a complete newbie so would appreciate some advice on the following:
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get on board now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
I am using coinbase. Thanks for your time.
Hey so the best time to invest in Bitcoin would be now. This holds true a year ago and five years ago, but in order to spread out your risk I would take advantage of Dollar Cost Averaginghttps://www.mininvesteringsguide.dk/dollar-cost-averaging. This would help spread out your risk.
Coinbase is a good idea if you are a complete noob, however, they have quite high fees compared to Binance for example.
Spreading out your investment could be a good idea, but I would not invest in smaller cryptos stick to the ERC20 tokens.
Best of luck
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
1) Buy some bitcoin with 20% of that 80% that you're willing to invest in Bitcoin and keep buying more bitcoin if it goes down more and add %25 for the next buy and add 35% more to your stack if it goes down even more, in other words never go all in at once, laddering buys and having some capital on the side to buy cheap always helps to give you way better average entry price and minimizing your exposure to risk.
2) Since you're a beginner start with high cap altcoins like Ethereum and Litecoin, low cap altcoins are high risk/high reward but it's better to avoid them till you get some grasp on trading and crypto market in general.
If you are planning for a long-term investment you can buy Bitcoin at its current price. But if you are intending a short term investment, can wait
for the price of Bitcoin to fall even further, if Bitcoin drops below $ 40k it is a very good time to buy Bitcoin for short term investments. Then I agreed
to use investment capital by buying Bitcoin with a larger percentage, because Bitcoin is the safest for investment. Then the remaining capital that is
owned can buy some altcoins. If your capital is large, don't keep your Bitcoin on Coinbase, because it is very vulnerable to being hacked. It should
be stored in a hardware wallet which is much safer.
for the price of Bitcoin to fall even further, if Bitcoin drops below $ 40k it is a very good time to buy Bitcoin for short term investments. Then I agreed
to use investment capital by buying Bitcoin with a larger percentage, because Bitcoin is the safest for investment. Then the remaining capital that is
owned can buy some altcoins. If your capital is large, don't keep your Bitcoin on Coinbase, because it is very vulnerable to being hacked. It should
be stored in a hardware wallet which is much safer.
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
I am using coinbase. Thanks for your time.
After you learn more, hurry up with using CoinBasePro (less fees,) but up to that time (understand what you are doing) sticky with coinbase.2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
I am using coinbase. Thanks for your time.
Now there are two aspects, one related to Coinbase and the other related to Bitcoin.
Coinbase is a suitable place to buy and sell Bitcoin read them TOS and contact with support team.
when you want to *HODL* your bitcoin you should use save wallet < read more about it[1] > and how to secure your wallet.
As for the strategies of buying and selling, there are many of them, for newbie it is better to use DAC or Buy the dip (buy when bitcoin price down with 20% to 60% or more)
it is better to learn using @aantonop ---> https://aantonop.com/workshops
[1] https://bitcoin.org/en/choose-your-wallet
I think this is a good time to enter, because there has been a bearish wave in the past days and it is preferable to enter now because the market is expected to rise again.
Choosing a small amount as a start is a good thing so that the risk is low until you understand the market well, and it is also good for you to choose 80% of Bitcoin because it is the most popular main currency that dominates the market.
As for my advice to choose another currency with Bitcoin, I recommend that you currently buy the BNB token because there is a very good movement these days on the token and it can make good profits from price movements.
Choosing a small amount as a start is a good thing so that the risk is low until you understand the market well, and it is also good for you to choose 80% of Bitcoin because it is the most popular main currency that dominates the market.
As for my advice to choose another currency with Bitcoin, I recommend that you currently buy the BNB token because there is a very good movement these days on the token and it can make good profits from price movements.
Hi Guys,
I wanted to invest a bit of money (£1000 max at the minute until I understand a bit more) in crypto currency - mainly bitcoin.
I am a complete newbie so would appreciate some advice on the following:
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
I am using coinbase. Thanks for your time.
1. There is no "best" time to invest. Don't wait for a drop. It may never happen or you may never know if the price has reached its bottom. Just get onboard now. Make a profit goal. Once you reach, sell it. Remember, invest only what you can afford to lose. Invest money that you won't need.I wanted to invest a bit of money (£1000 max at the minute until I understand a bit more) in crypto currency - mainly bitcoin.
I am a complete newbie so would appreciate some advice on the following:
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
I am using coinbase. Thanks for your time.
2. Good that you are investing most of your coins in bitcoin. For the rest 20%, look for some coins that you think have potential. Avoid lesser known coins. Go for coins like Ethereum.
Hi Guys,
I wanted to invest a bit of money (£1000 max at the minute until I understand a bit more) in crypto currency - mainly bitcoin.
I am a complete newbie so would appreciate some advice on the following:
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
I am using coinbase. Thanks for your time.
We can communicate on LINE, LINE: nana9946 I wanted to invest a bit of money (£1000 max at the minute until I understand a bit more) in crypto currency - mainly bitcoin.
I am a complete newbie so would appreciate some advice on the following:
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
I am using coinbase. Thanks for your time.
1) When is the time to invest? I can see today that Bitcoin is up 2.5%. Is it best to wait for a big drop or just get onboard now?
2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
1) You have to realize that bitcoin has always been very volatile and will remain volatile for the foreseeable future. So you have to be ready to see big swings at any time. With that said bitcoin has a lot of potential in long term, as we have seen back in 2018 when price was dropping the potential was there even when price went from $20k to $3k it was excellent time to buy at any of those prices since as you see today price is $50k but it took 2 years to get there. Hence the long term potential.2) If I wanted to put 80% into bitcoin then 20% into something else - what would you recommend?
2) Any traditional asset such as gold, stocks, ... that you feel is a safe option and you have some experience in their markets. Whatever you do you should never "invest" in altcoins. They are useless and without any long term potential and they are always losing value against bitcoin whether bitcoin price goes up or down.
Later on when you gain more experience, you can choose to trade altcoins instead but never invest.
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