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Topic: Bitcoin Price - page 3. (Read 728 times)

newbie
Activity: 23
Merit: 0
January 15, 2020, 11:11:24 PM
#33
Okay, I want to invest half of the $4,000 in saving to bitcoin.  So the next steps are to go to coinbase pro exchange, add funds from my bank account there, and place a buy order, is this correct?
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
January 15, 2020, 12:02:56 PM
#32
You should say it was like when the price was low and after the price at the pump you asked about this and I think it's too late because the price is already slightly higher.
If you have $ 4000 in the bank then do it wisely and if you want to invest in crypto then you have to be prepared with the risks later.
sr. member
Activity: 903
Merit: 391
January 15, 2020, 11:47:52 AM
#31
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
My question is, that $4000 your free money or money for school? if money for school i am not suggest to use it as investment. Nobody can actually predict about bitcoin price and a lot of them only speculate. If that is your free money maybe split into half and buy bitcoin save rest for backup will already good.
legendary
Activity: 1120
Merit: 1000
January 15, 2020, 11:47:11 AM
#30
I just wanna say that before you're getting into investment make sure that your emergency fund is safe, so when something bad happens in real life and you need the cash so bad you're not gonna use your investment fund, and most importantly don't put all your eggs in one basket, you need to allocate or separate some of that money into some investments (invest in the safest first) trading crypto is so risky, I don't recommend people to invest all of their assets in one thing, spread them.
sr. member
Activity: 1344
Merit: 270
January 15, 2020, 11:37:40 AM
#29
Many speculation about bitcoin price and every day have new expert prediction with bitcoin price but why only when bitcoin have higher price many people brave for predicting with bitcoin have continue for growing up, but when bitcoin back down and lower price many prediction of bitcoin loss their way for predicting with bitcoin price.
sr. member
Activity: 1092
Merit: 271
January 15, 2020, 09:15:38 AM
#28
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?

Your holdings is in fiat, if you want to get profit in cryptocurrency market, there is no other way but to buy Bitcoin.  But be aware that you will be taking risk when you do this.  We all know that Bitcoin is volatile and we do not know what will happen in the future.  All we know that the current sentiment of Bitcoin market is bullish and it is just starting to rally so the window to get in the current train is huge.
copper member
Activity: 658
Merit: 402
January 15, 2020, 08:58:27 AM
#27
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
Based on the current state of the market, it seems that bitcoin will really go at the price of 9000$. Why not invest 2000$ in bitcoin and the another 2000$ will be invested in other cryptocurrencies. It's just my only advice to you but the decision on your investment will still up to you. We really don't know what will be the next movement of bitcoin if this will go upward or downward but if you think that bitcoin will reach the 9000$ or it might surpass maybe this is the time to invest for you because once they hit that price you already earn an income.

Can you give me an example of a couple of altcoins?
I'm currently holding a different altcoin and those are Binance coin, Ripple, and Ethereum. I can simply say that this altcoin is good for investment and based on the coinmarketcap those altcoins have belonged to the top 10 cryptocurrencies in the market.
sr. member
Activity: 896
Merit: 268
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January 15, 2020, 08:57:53 AM
#26
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?

Man, it is not a good choice investing now comparing it from the previous price that bitcoin had last week. I couldn't even say yet that bitcoin might go increase for the next days. However if you had that 4k USD left as a spare money, may be you could deal with a half of it for investing the thing is choosing the right time. If you could still wait, then you may 'cause we ain't when will it go down and go up either.
hero member
Activity: 812
Merit: 512
January 15, 2020, 08:21:52 AM
#25
It's a pity that you sold bitcoins for so cheap, but sometimes in life, we cannot predict the events that will happen. And with $ 4,000 at the moment, I think you should choose altcoin to invest, bitcoin is currently at a high price and it will soon be adjusted. Selecting altcoins in the top 10 will help you get more profits or you can wait for the bitcoin price to adjust and buy back with it
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
January 15, 2020, 06:33:38 AM
#24
you have to manage your finances, you have to think about risk and not have to spend your money $ 4000 just for bitcoin, just use half or a third to buy altcoin besides bitcoin that really has good profit potential and also follows the price of bitcoin, for example ETH or others and my advice is don't ever try to invest in BSV because it will crash soon, but play at your own risk
legendary
Activity: 2688
Merit: 13334
BTC + Crossfit, living life.
January 15, 2020, 04:57:26 AM
#23
It really depends, are you talking to true BTC who understand the value of the fundamentals what BTC provides or are you talking to some sh*tcoiners, or people that are wanna get rich over night....

I do belief i'm a very good long time/term believer that has proven (only 100% known for myself of-course) that i'm not afraid or emotionally touched because of drops and volatility...

So if I speak then I just say what I would do myself and I think we are still very early and prices are still a steal compare with the upward potential, I honestly would buy the full amount and consider this to be your BTC start (only if you have some income to provide life supplies of-course).
After buying this BTC I just would suggest to monthly keep some savings apart to buy BTC with no matter what the price is just a fix time, sometimes price will be higher, sometimes lower but you will DCA your BTC-amount and same time you're just saving money in an asset you believe in.
Of-course also keep learning and try to gain the long term perspective Cheesy
sr. member
Activity: 1400
Merit: 259
January 15, 2020, 04:41:40 AM
#22
Remember that there will not be an accurate answer here.
All will just be an opinion for the market is way volatile.

For my own opinion though. This could be the last we could see a cheaper price.
The value keeps getting higher since there are investors who are fearing a big pump may happen anytime.
In that case, the demand will grow and bitcoin will start to be hyped again everywhere.
Still, the last call is with you.
You could buy now or maybe wait a little more.
sr. member
Activity: 1638
Merit: 261
January 15, 2020, 03:05:38 AM
#21
It would be a hard decision to make as bitcoin's price is bullish as of now but it might probably go through one more dump before the month of May, I would suggest you do daily trading if you have enough time in order to make some small profits and wait for bitcoin halving for the price to pump.

Do this only if you don't have any further personal commitments wherein you might have to cash out, This is my personal suggestion and again do a bit of research from your end as well and consider other expert's suggestion too.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
January 15, 2020, 12:18:14 AM
#20
What's the difference between purchasing bitcoin on the coinbase app like I did and making a buy order on coinbase pro???
As what I read (since I never bought bitcoin and use coinbase yet), buying in coinbase pro is surely much cheaper than on coinbase.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 15, 2020, 12:16:01 AM
#19
Before you invest your money in bitcoin, you should think that the money is not going to be used for your daily needs or to pay for your study, and that money is free to use. If the answer is yes, you can use half of that amount, which is $2000 to invest in bitcoin or use only $1000, but you don't have just to hold, but you can use it to trade to increase your bitcoin and fiat money. But that is only if you have skills in trading, but if you don't have skills in trading, you can just buy bitcoin and hold it in your wallet.

Before you buy bitcoin, make sure that you can buy bitcoin at a low price, and I think soon, bitcoin price will go down for a while to adjust the price before the price can increase higher again. Never use all of your money to invest in bitcoin, although you believe that bitcoin price will rise so high because that will be too risky for you. Besides that, you never know when bitcoin price can increase or decrease and how far bitcoin price will move, so it is better to play safe.
sr. member
Activity: 652
Merit: 257
January 14, 2020, 11:58:54 PM
#18
I wouldn't buy bitcoin now. I would wait until the price is low and then buy.

As Warren Buffet says, the mark of a good investment is the quality of the business itself. In this regard the price that you buy the stock at is only important if you are overpaying. Thus, it is best to buy bitcoin when the price is low.
sr. member
Activity: 812
Merit: 257
January 14, 2020, 11:57:40 PM
#17
you should do research before trading bitcoin, learn to understand and analyze the market so that you don't regret it later on, You must have confidence and do not be easily influenced by the opinions of others, bitcoin trading is something that is very risky, so be wise in investing your funds.
sr. member
Activity: 966
Merit: 274
January 14, 2020, 11:49:58 PM
#16
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?

I probably consider you are late to ask for this time on which best way you could make your profit out of your $4000 dollar fund. Because in the past weeks, bitcoin is still at $7k price range which is quite acceptable to entry, but eith the market showing more potentiL increase, bitcoin might now be crucial to buy.

But if we could see some stable price range at 8-9k, probably the best way for you is to invest in bitcoin.
full member
Activity: 731
Merit: 100
January 14, 2020, 11:41:55 PM
#16
I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping.  Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
if you have Bitcoin or have money $ 4K then all you have to do is buy a lot of Bitcoin or hold it. You should it not waste this good opportunity before the price of Bitcoin will high jumps. I personally if I have a lot of money like you then I will not keep it in the bank but put it all on Bitcoin because wealth will await you in the future.
legendary
Activity: 3248
Merit: 1160
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January 14, 2020, 11:41:41 PM
#15
50% for bitcoin and 50% for altcoins, if the market will be again bullish, for sure your money will grow.
Look at today's market, bitcoin only increase 10% but the altcoins are already pumping, bsv, bch, and even dash, so just try to study which altcoins are good for investment because if they are legit, they will benefit in the bull run.
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