Bitcoin Price - page 4. | Bitcointalksearch.org

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Quote from: stskv on January 15, 2020, 12:18:38 AM

Quote from: CryptoBry on January 14, 2020, 10:30:36 PM

You can buy some Bitcoin now if you are really a risk-taker or if you think that days from now Bitcoin will still be growing, maybe trudging the way to the $10,000 hill zone. In addition, since many alts are also moving, you can select some 5 good alts where to invest your money and encash them whenever you already realized a handsome profit. As you might already know, investing with cryptocurrency can be carrying some risks so always be informed and do your own diligence and at the end don't be shocked if you lose some money or better yet made some good ROI.

Can you give me an example of a couple of altcoins?

First off:

1. 99% of altcoins are bad investments, and not to mention that you'd have to time the markets really well to profit off it.
2. Don't invest in things you don't understand. So if you'd need to ask which altcoins to invest in, then I'd suggest you don't go for it.

I'm sure this isn't the reply you want to see, but someone just has to say it.

pakhitheboss

hero member

Activity: 2156

Merit: 803

Top Crypto Casino

Quote from: stskv on January 14, 2020, 10:04:39 PM

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?

Calculate what you need and what you can spare from the total that you have in your Bank. After calculating invest half from the amount that you can spare into Bitcoin this month and the rest next month. Wait till April and then sell.

Do not invest in any altcoins.

stskv

newbie

Activity: 23

Merit: 0

Quote from: CryptoBry on January 14, 2020, 10:30:36 PM

You can buy some Bitcoin now if you are really a risk-taker or if you think that days from now Bitcoin will still be growing, maybe trudging the way to the $10,000 hill zone. In addition, since many alts are also moving, you can select some 5 good alts where to invest your money and encash them whenever you already realized a handsome profit. As you might already know, investing with cryptocurrency can be carrying some risks so always be informed and do your own diligence and at the end don't be shocked if you lose some money or better yet made some good ROI.

Can you give me an example of a couple of altcoins?

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Quote from: stskv on January 14, 2020, 10:04:39 PM

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 can understand how mesmerizing it must be for you right now to buy bitcoin since the price has started increasing again.
But you know what, we don't know if the price would further keep rising or it will decline soon.
For me. most of the times when I invested when the price started to rise, it had a fall in price soon after I invested.
So I would recommend you not to go all in and just invest a small % of your amount and wait for the market to react.

stskv

newbie

Activity: 23

Merit: 0

Quote from: bL4nkcode on January 14, 2020, 10:35:41 PM

Separate your money for living and investment, if that 4k is for investing then, you can buy BTC now try to buy for lower price, and don't think of spending it, try to hodl at least 6-8 months from now, hodl is the best way for investment in BTC. Though there's someone who will tell you to trade, sure, if you know what's the success way of trading then do it, but if not, then hold is the recommeded choice.

Just to make sure that you use a secured device for hodling the BTC you have, at least desktop wallet such electrum in safe and malware-free desktop or a hardware wallet such ledger and trezor.

I plan to hold on to it from now on amd 4k is for investment. What's the difference between purchasing bitcoin on the coinbase app like I did and making a buy order on coinbase pro???

stskv

newbie

Activity: 23

Merit: 0

Quote from: jossiel on January 14, 2020, 11:18:54 PM

How much is your balance for the loan? I'd advise you to pay that first so that you are free to do or spend that money in whatever and whenever you want. But if that's not easy and not the way that I think. If you have a spare money with your savings and that entire $4,000 is, wait a bit until the price decreases for the while.

But as much as possible be debt free first so that the experience you had before won't happen and if you have to pay for the loan and the price of bitcoin drops, you won't be feeling sorry for selling it.

It's a student loan a little above $17,000 and I pay $189/month or ready. I'm afraid the price won't decrease for a long time or how about if it never does again to $7,000. Wirhdrawing was a risk in itself and a mistake, I plan to wait after investing again.

amacar2

legendary

Activity: 1120

Merit: 1008

CryptoTalk.Org - Get Paid for every Post!

Quote from: stskv on January 14, 2020, 10:04:39 PM

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?

May be the price is little bit pumped right now specially today a jump of around 10% so if price will go down by same % by tomorrow you might loss 400 bucks. But market can go opposite so its better you make your own decision. Only invest what you can loss.

For me its better to wait a week or so, place buy order around 8000$

Kupid002

sr. member

Activity: 1036

Merit: 329

Quote from: stskv on January 14, 2020, 10:04:39 PM

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?

the problem is what if you just need to use that money you invested in BTC and time you need the money the price drop are you prepare to use that money even you are at lost? If you look at secure way you can just stay it in your bank. If you want to invest to bitcoin and aware that you may lose then you can buy now.

jossiel

hero member

Activity: 2842

Merit: 625

How much is your balance for the loan? I'd advise you to pay that first so that you are free to do or spend that money in whatever and whenever you want. But if that's not easy and not the way that I think. If you have a spare money with your savings and that entire $4,000 is, wait a bit until the price decreases for the while.

But as much as possible be debt free first so that the experience you had before won't happen and if you have to pay for the loan and the price of bitcoin drops, you won't be feeling sorry for selling it.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

As much as how bullish I am on bitcoin, bitcoin is still a risky and speculative asset. If you're willing to invest in bitcoin, only put in the money that you're not going to need any time soon. Because if bitcoin drops in price and at the same time you suddenly need to sell some of the bitcoin for you to have money to spend on something important, you're screwed. Only you can answer your question. We don't know how much your income and how much your daily/monthly spending is.

joinfree

sr. member

Activity: 1246

Merit: 260

1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL

It's a big pain in the butt when the price o bitcoin increases as soon as you sell your portion of it but in your case i think you still have the opportunity to buysome and hold it as bitcoin halving approaches. Bitcoin price is likely to double with the halving approaching so it's going to be a good plan to earn some profits in this regard.

bL4nkcode

copper member

Activity: 2142

Merit: 1305

Limited in number. Limitless in potential.

Separate your money for living and investment, if that 4k is for investing then, you can buy BTC now try to buy for lower price, and don't think of spending it, try to hodl at least 6-8 months from now, hodl is the best way for investment in BTC. Though there's someone who will tell you to trade, sure, if you know what's the success way of trading then do it, but if not, then hold is the recommeded choice.

Just to make sure that you use a secured device for hodling the BTC you have, at least desktop wallet such electrum in safe and malware-free desktop or a hardware wallet such ledger and trezor.

CryptoBry

sr. member

Activity: 1008

Merit: 355

You can buy some Bitcoin now if you are really a risk-taker or if you think that days from now Bitcoin will still be growing, maybe trudging the way to the $10,000 hill zone. In addition, since many alts are also moving, you can select some 5 good alts where to invest your money and encash them whenever you already realized a handsome profit. As you might already know, investing with cryptocurrency can be carrying some risks so always be informed and do your own diligence and at the end don't be shocked if you lose some money or better yet made some good ROI.

stskv

newbie

Activity: 23

Merit: 0

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?

Topic: Bitcoin Price - page 4. (Read 699 times)