Can i Bitcoin or not | Bitcointalksearch.org

Ashong Salonga

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Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

Since you already have the budget to be able to purchase Bitcoin, the you can do it anytime even if it is on a downfall or the rising part because Bitcoin price is that volatile and because of that, its price can change in any single moment of time added by the fact that ampjg the other existing cryptocurrencies, Bitcoin play the role of being the most potential cryptocurrency on my point of view. Since you have the money to afford buying Bitcoin, then it is now your chance to seek for the best exchange to put up your money and get into trading USD for BTC. This will serve as your starting point of platform to start up your journey getting into the world of cryptocurrencies. After doing such, it will also be good to see if you will like Altcoins as well but if not, it is already good to stick into Bitcoin itself just assure that you have chosen the best exchange of your preference and an online wallet or hardware wallet as well to store up your asset.

CarnagexD

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Quote from: Sahyadri on December 19, 2019, 05:47:17 AM

At 6700, bitcoin was at its strongest support. Bitcoin was expected to jump up from that and that's exactly what happened. Now we need to look at 7500. If that resistance gets breached, you can go long as 9500 can be expected after that. But still i would suggest you to stay away of btc until 7500 is breached because from here bull have to build the momentum as bears are weak at this point. But if bulls fail, then you can expect sub 5k levels in next few weeks. At that time playing short would be the best option.

Put simply, at this moment bitcoin is the best cryptocurrency to invest on because of it's increase rate and how established it is compared to other cryptocurrencies in the market. Nevertheless, I would highly suggest you take on the path on investing in bitcoin by yourself and take minimal instruction from others because what might work for us might not work for you. It's too risky to put $5000 on the line.

Polar91

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Quote from: Rafiqul on January 09, 2020, 11:20:14 AM

Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

The price of bitcoin is cheap now. If you want to buy bitcoin firstly you can signup an account a reputable exchanges like binance..etc. Keep your account's passward safely, don't share others peoples.

Another possible way to make investment in bitcoin and for you not to worry is to try to split your 5k dollar USD and invest it to bitcoin in different times, such as weekly, or even per month, just to make sure that you are diversifying your investment to hit high market price, medium, and low. Which turns out to be fair for you and you being in the median. Because allot of newbies are investing in just one time, and when their money didn't grow, they became frustrated. So to avoid this, diversification of investment is needed.

Eugenar

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Quote from: Wipeout2097 on January 09, 2020, 12:04:26 PM

If you are buying BTC its great decision,But review here is that amount you afford to hold for long run or if lost? Have you selected a real legit platform to secure your BTC. If answer is yes then go with it and you will get amazing results after couple of years.

Further suggestion is that if want to hold must go with staking of stable coins it will give you Upto 14% ROI. When you feel the BTC is on peak and your target price here just quit the staking.

If you are pertaining to some exchanges, or in safer ways, online cryptocurrency wallet that will help you hodl your BTC, then try to consider buying some hardware tools which really help you secure your funds such as a ledger nano which is considerably cheap and easy to use. I see, OP you have allot to earn in cryptocurrency and this will be the best tool for you to secure your funds aside from directly investing it to some exchanges where the rate of hacking is high. Though, I cannot guarantee you ROI with this, though, you need to accept the risk with cryptocurrencies extreme volatility.

Wipeout2097

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If you are buying BTC its great decision,But review here is that amount you afford to hold for long run or if lost? Have you selected a real legit platform to secure your BTC. If answer is yes then go with it and you will get amazing results after couple of years.

Further suggestion is that if want to hold must go with staking of stable coins it will give you Upto 14% ROI. When you feel the BTC is on peak and your target price here just quit the staking.

Rafiqul

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Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

The price of bitcoin is cheap now. If you want to buy bitcoin firstly you can signup an account a reputable exchanges like binance..etc. Keep your account's passward safely, don't share others peoples.

perla

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Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

$5000 is a lot of money (for me) if i be you i will make sure first i know what risk to make investment in bitcoin. And then i will decide to keep continue or not. If you ask people's suggestion, you will be more confused because you will only see people say buy or not only. But wouldn't tell you if you have possibility to lose your investment if bitcoin get dumped.

djsugar

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Never invest when the market is going up as what was happening till $8500. Always wait for the correction which takes place sooner or later. Buy at a strong support after it gets tested for sometime. Decide your entry. This is really crucial to trading. Another important factor is that you should plan your stop loss wisely. If you are in for long term, you can keep a bigger risk margin but a tighter stop loss would be a good idea in case of short term trading.

keeee

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Quote from: red4slash on December 20, 2019, 10:24:57 AM

Quote from: Pinkris128 on December 20, 2019, 09:08:05 AM

Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

A 5000$ is more than enough to buy bitcoin. It is also a good time to buy bitcoin because the price of bitcoin is very low that it already drops it's price below to $7000. There will be a huge chance that you can double your profit, if bitcoin will start to increase it's price next year of 2020 that a lot of people are expecting that bitcoin will reach to $20,000 again.

if the research says to buy then we can use the results of the research to buy it, so every time there is a profitable opportunity it is better to start investing. and I think if only using the words of the people then the investment can not go according to plan

I agree, if you see that bitcoin value is going up and in a good condition buy as much as you can. But you must know and accept whatever happen. If the value of bitcoin go down after you buy learn to wait and keep holding until it pump again.

ohyeahhaha122

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with 5000$ I think you should not buy bitcoin now to hold, the market is still not good, the cryptocurrency market is still in the downtrend period, when bitcoin has fallen to a reasonable price and the market has a lot of news. You should buy them at that time, but if you are a trader you can buy at any time but you must be an experienced person to make a profit in this market.

OrangeII

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Quote from: Pinkris128 on December 20, 2019, 09:08:05 AM

Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

A 5000$ is more than enough to buy bitcoin. It is also a good time to buy bitcoin because the price of bitcoin is very low that it already drops it's price below to $7000. There will be a huge chance that you can double your profit, if bitcoin will start to increase it's price next year of 2020 that a lot of people are expecting that bitcoin will reach to $20,000 again.

sometimes, thinking too long can make us lose the opportunity to get a big profit. $ 5,000 is a lot for bitcoin. even when you buy it before the new year, it can make you more than $ 1,000 in profit. yeah, but this time the opportunity hasn't been lost. I'm sure there are several opportunities that can make the price of bitcoin rise even higher.

PPIT

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You have to be carefull about buy the bitcoin about the unintruptable scame from fishers, I suggest you that buy bitcoin and get more benefits. Whosesoever cryptocurrency is updated thire rule..

bitgolden

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Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

Everyone is allowed to trade Bitcoin, but since you're still a newbie I will advise you that you should not go day trading, that's not an easy work and even if you decide to go for it you will have to learn it first and practice with a little amount and see how it goes before throwing in big money. But, expecting your buying prices around $5k just showing your greediness. Everyone wants cheaper prices but only people who opted to buy bitcoins some 7 to 9 years back, go the real opportunity.

As for now, what you have to do is go for the long term. This long term trading also requires doing some technical analysis to understand where the price is likely to be heading to in the next few months or so, and after you have discovered that, you then invest and hold till it goes up.

red4slash

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Quote from: Pinkris128 on December 20, 2019, 09:08:05 AM

Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

A 5000$ is more than enough to buy bitcoin. It is also a good time to buy bitcoin because the price of bitcoin is very low that it already drops it's price below to $7000. There will be a huge chance that you can double your profit, if bitcoin will start to increase it's price next year of 2020 that a lot of people are expecting that bitcoin will reach to $20,000 again.

if the research says to buy then we can use the results of the research to buy it, so every time there is a profitable opportunity it is better to start investing. and I think if only using the words of the people then the investment can not go according to plan

Pinkris128

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Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

A 5000$ is more than enough to buy bitcoin. It is also a good time to buy bitcoin because the price of bitcoin is very low that it already drops it's price below to $7000. There will be a huge chance that you can double your profit, if bitcoin will start to increase it's price next year of 2020 that a lot of people are expecting that bitcoin will reach to $20,000 again.

owengtam09

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Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

You must learn more about bitcoin, read a lot especially news about bitcoin and what's the update about bitcoin right now or maybe other coins so you can decide whether to buy bitcoin or altcoin depend on your instinct, do not depend on other people but you can get some information from them and some ideas but at the end you have your own decision.

DabsPoorVersion

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Quote from: Bitcoin_bullish on December 19, 2019, 11:28:58 AM

Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

Just buy now, before fomo kicks-in. You don't need one Bitcoin although you should have that as a target. Next bull run, 1 BTC might be out of reach for everyone of us.

Or maybe it is better to wait for another drop, bitcoin price has recently recovered from its sudden drop from below $7k and it would be better to wait for that kind of drop again to gain maximum profit in the next bull run. Buying should include analyzation and also the right timing to avoid unnecessary loss.

bitcampaign

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Quote from: luckyflop on December 19, 2019, 11:03:19 AM

Quote from: bitcampaign on December 19, 2019, 06:26:03 AM

You can buy it now because the price is cheap right now, even you don't ask anyone to buy bitcoin for you, I think your $ 5,000 will get a big profit if you buy it now, in my opinion buy it and hold it for the next 2 years , you can visit the binance exchange

Now is not a good time for you to buy BTC. The price of BTC has just recovered to $ 7000 and so I believe it will continue to go down to $ 6400 or lower over the next few days, preferably patiently waiting to be able to buy at a better price. And if you still want to buy now, you need to determine the long-term hold with it, and I'm afraid you won't have the patience to do so

I do not recommend buying bitcoin in the short term it will hurt, I just say for the long term, all decisions depend on the OP when to buy, I think whenever the time is still worth buying bitcoin even at $ 6500 or even $ 7000

Shakreen

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Quote from: gulsoom2000 on December 08, 2019, 02:54:12 PM

I realy want to buy Bitcoin i have 5000$ give good idea plz

You can buy at one excherger in your country ...
And I think some exchergers can accept credit cards to buy BITCOIN,
So I think the process for now and in the future is very easy.

cryp24x

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It is better if you do your own research (DYOR). Some people seek advice but in return when you give advice, you are the one to be blamed. But it depends on the person, so better find a good mentor. Just enjoy earning and investing and you will surely gain not only money but knowledge and skills.

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