Bitcoin investment advice! | Bitcointalksearch.org

pooya87

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Quote from: Mickeyb on July 04, 2015, 06:49:24 AM

We are all whitenesses of this amazing Bitcoin technology. If we consider that this technology will make it and be successful in the future, what should a normal person invest today when 1 BTC is around 250$ to see nice gains afterwards?

According to you, what should be a nice BTC number as an investment for the future? 10, 20, 50, 100?

Thanks for all the answers.

nobody can answer this for you. it totally depends on you and your risk taking plus how much money you have and how much of it do you want to invest (risk).
if i just want to pick a number i would pick ~5BTC because it is low enough that a normal person can afford to buy and lose a little (just in case), and a nice profit if the price goes up.
but i think there is a lot of other factors you have to consider, like how much profit will satisfy you and how much loss will wreck you.

Brewins

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Invest in Litecoin for short term profits, when BTC rises, LTC usually rises more.

But LTC is dying, so your risk is end up holding a stash of worthless coins if you take too long to exit your LTC position

jbrnt

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Quote from: leps on July 04, 2015, 06:52:59 AM

i think what you can afford to lose would be good for investment till you know its cons and pros:)

Although it's true, I think "what you can afford to loose" is difficult to quantify. I think around 5% of your annual income is about right. It's not too much to affect your lifestyle but a sizable amount for high risk investments.

PenguinFire

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That Darn Cat

Like others have mentioned, only invest what you can afford to lose but 10 BTC is certainly enough to make a nice return on one day (hopefully).

waterpile

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You could just invest your time because there are ways to earn bitcoin without even buying it but if you have some fiat laying around starting with 1BTC is sufficient enough to start with and then try letting it grow by investing.

JBC

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Quote from: Mickeyb on July 04, 2015, 09:41:06 AM

Thanks for your answers guys!

Return the 18 million XEM you stole, asshole!

yayayo

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Quote from: Mickeyb on July 04, 2015, 06:49:24 AM

We are all whitenesses of this amazing Bitcoin technology. If we consider that this technology will make it and be successful in the future, what should a normal person invest today when 1 BTC is around 250$ to see nice gains afterwards?

According to you, what should be a nice BTC number as an investment for the future? 10, 20, 50, 100?

Don't speculate with Bitcoin. Just buy Bitcoin and hodl. Converting back to fiat money makes no sense at all. If Bitcoin succeeds you will be able to buy everything with Bitcoin.

Regarding the number: Any number of BTC is better than none. It depends on your financial standing. Don't invest money you urgently need for other things and don't invest more than you are ready to loose without regret. Bitcoin has gone far, but it's by far not a 100% safe investment.

ya.ya.yo!

Mickeyb

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Move On !!!!!!

Thanks for your answers guys!

NUFCrichard

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Quote from: leps on July 04, 2015, 06:52:59 AM

i think what you can afford to lose would be good for investment till you know its cons and pros:)

Then afterwards they should invest more than they can afford to lose?
I would invest
a) what I can afford to lose and
b) about 50% of my total investment portfolio

if I really wanted to be in Bitcoin big. I have recently increased my investment, I think I need to get a hardware wallet before investing more though, strong passwords and 2FA on a clean PC are all good any well, but people have ways and means, so I don't want to be in too deep before I can properly protect my investment.

2double0

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I think this might be a good answer for your question @OP.

https://bitcointalksearch.org/topic/after-1-year-of-diversified-bitcoin-dice-house-bank-investment-we-lost-3246-826466

Go there and check whether it fits your needs.

LiteCoinGuy

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In Satoshi I Trust

Quote from: leps on July 04, 2015, 06:52:59 AM

i think what you can afford to lose would be good for investment till you know its cons and pros:)

i like that.

Herbert2020

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Quote from: Mickeyb on July 04, 2015, 06:49:24 AM

We are all whitenesses of this amazing Bitcoin technology. If we consider that this technology will make it and be successful in the future, what should a normal person invest today when 1 BTC is around 250$ to see nice gains afterwards?

According to you, what should be a nice BTC number as an investment for the future? 10, 20, 50, 100?

Thanks for all the answers.

first you have to say what is a nice gain? or how much amount of money would you consider a nice profit?
and also it is obvious that whatever you invest and take the risks, you will gain the same amount afterwards.

for example someone might be satisfied with ~2-3 BTC or can invest that much for now somebody else goes for 100 BTC.

Amph

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go big if you have the money, now that bitcoin is cheap, there will no be another opportunity, next solid floor will fluctuate around triple digits

this remind me exactly when bitcoin floated around 50-70 and then 90-100 for quite some time

gambit1

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There is no universal answer (for everyone). Bitcoin is a very speculative investment, for all its strengths and it has already "priced in" many of its advantages. You shouldn't expect to get rich just buying 10 bitcoins at $250, it might happen but isn't very likely at $250 in anything like the near future.

Do your research and go in with your eyes open.

RustyNomad

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This is like asking how much you should be putting into a retirement fund. Nobody knows as we do not know your financial circumstances and neither do we know your personal financial goals.

As one poster already mentioned, what can you afford to lose? As the saying goes, never invest more than what you can afford to lose.

Personally I try and put 10% of my monthly earnings into bitcoin. I have no target number of BTC in mind, just keep adding to it as often as I can.

leps

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i think what you can afford to lose would be good for investment till you know its cons and pros:)

RappelzReborn

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The bigger you have , the more you will earn .
I personally think 10 BTC is a good amount for a start , just keep buying and hold , halving block reward is soon Grin

Mickeyb

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Move On !!!!!!

We are all whitenesses of this amazing Bitcoin technology. If we consider that this technology will make it and be successful in the future, what should a normal person invest today when 1 BTC is around 250$ to see nice gains afterwards?

According to you, what should be a nice BTC number as an investment for the future? 10, 20, 50, 100?

Thanks for all the answers.

Topic: Bitcoin investment advice! (Read 1054 times)