First investments in bitcoins - page 4.

coynedterm

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Quote from: simadr on February 03, 2017, 02:57:36 PM

Hi everybody, I am quite new in this new market and have a lot of interest in it. After advices from friends, i have put some money in Ethereum by the fact that i like their project which has a global view on the world. Moreover, i have also put some money in Monero.

Now, i am confused to invest in the long run for some bitcoins. Why ? Because prices are already really high but after reading a lot analysis, predictions are quite high.
What do you think about investment in some bitcoins at this high Price ? Thanks guys

I will suggest you not to buy at the current price because it is already at the peak which was like dream for the bitcoin to reach .
Currently the bitcoin at very high rate so I will advise to to keep patience for some weeks or day if it's price comes at 700-800$ per bitcoin then you should buy bitcoin .
If the price didn't go back then buy some popular altcoins like Trump , blry , Putin ,. ETH etc These will surely give profit after a long time hold .
Second thing you should do that to make day trading with Bitcoin ( I mean daily small buy and sell ) in this way you will be able to make some better profit through buy sell in some days .

CyberKuro

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Quote from: neochiny on February 03, 2017, 04:14:43 PM

Hmm.
I personally have never bought when Bitcoin price is over the $1,000 mark.
I always prefer to wait until it goes down to $700 - $850 range or even lower before I start buying.

I'm just not too keen on taking chances, especially when prices are already that high. Based on previous precedents, it's around this range that most people start massive selling, therefore resulting in quick dives. Grin

Of course there's always the chance that this time, it'll go up up up. Grin

Anyway, that's just me.

It's quite confusing to decide buy at high price as the price could fall in the next day or next week. Depends on your investment purposes, is it for trade or hold it for long term. Buy at cheaper price and sell at higher levels to get profits, don't buy at ATH when people talking about it, when price soars. But, current price already set above $1000, should we wait until crash happen? Nope, wait until ETF get rejected by SEC, then the price will be fall again.

Farma

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Quote from: ChronoLite on March 10, 2017, 11:19:55 AM

My first bitcoin investment was invest in HYIP that seems ridiculous because I was a newbie and didn't know much about Bitcoin, you've already know I loss at the end. But I've learned something and want to invest nor follow HYIP Site.

I think almost all bitcoin users have the same path. when knowing bitcoin, and have it, I have also invested some of the bitcoin I get in some HYIP sites, and all of the site to be a scam.

Rude Boy

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I think it is still good to invest in bitcoin, a lot of us sure that bitcoin will keep on rising, 1000$ is a bit high to buy, but if you have a spare money, i think it is still worth to invest into bitcoin.
you can follow below tips to avoid risk:

1. Don’t fall in trap with binary tree business model. It will haunt you in making members more than bitcoin mining!

2. Go for transparent system. Contracts and fees should be published publicly. Not like someone giving you by mail in person.

3. Always run background check on owner of cloud mining. They should be verifiable identities.

4. Check customer support, how promptly they respond and how detailed and genuine information they provide.

Kray

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In my opinion, buy bitcoin now is too expensive. The best way is buy altcoin and trade them into bitcoin. Do not ever invest in hyip

upsidedown75

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Quote from: ChronoLite on March 10, 2017, 11:19:55 AM

My first bitcoin investment was invest in HYIP that seems ridiculous because I was a newbie and didn't know much about Bitcoin, you've already know I loss at the end. But I've learned something and want to invest nor follow HYIP Site.

I am not sure if gambling is also deemed as an investment because that's where my first bitcoins went to after coming into my wallet and more than just that, I won also so actually my first earnings were also from there.

Apart from that I then invested in a few site like one I remember was cex io and I am sorry for you mate that you got caught up early with the HYIPS and happy you learned rather than becoming dejected.

ChronoLite

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My first bitcoin investment was invest in HYIP that seems ridiculous because I was a newbie and didn't know much about Bitcoin, you've already know I loss at the end. But I've learned something and don't want to invest nor follow HYIP Site.

lol3c

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Quote from: blackhawkeye1912 on March 10, 2017, 06:32:57 AM

My first investment bitcoin was I bought a coins in the ico which during that time I know its it has a potential to increase the value which I never wrong and I got profit on it by that time.

it is totally great dude. Most of the people do not have good profit in ICO because there are too many junk ICO out there and they always lose their money. It is really good to see someone can earn good money with these projects

blackhawkeye1912

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My first investment bitcoin was I bought a coins in the ico which during that time I know its it has a potential to increase the value which I never wrong and I got profit on it by that time.

Erza

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Quote from: dearbesz1219 on February 13, 2017, 02:41:12 AM

Quote from: simadr on February 03, 2017, 02:57:36 PM

Hi everybody, I am quite new in this new market and have a lot of interest in it. After advices from friends, i have put some money in Ethereum by the fact that i like their project which has a global view on the world. Moreover, i have also put some money in Monero.

Now, i am confused to invest in the long run for some bitcoins. Why ? Because prices are already really high but after reading a lot analysis, predictions are quite high.
What do you think about investment in some bitcoins at this high Price ? Thanks guys

I don't see any wrong to your friend's advice, they gave you a good advice actually. Though the price was so high anyhow, but still a good assets investment, if you want to explore more things about investing in some other coins you can check coinmarketcap.com on which coins for you is the best to invest in.

But dont you think it is kind of late enough that if you just want to start to buying this coins? Because this coins already hit the peak before and I dont think it might be hit again. So better to invest on bitcoin rather than other crypto. Unless they keep on trading it and try to earn more and more may be he can still get some of the altcoin

South Park

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Quote from: Theb on February 10, 2017, 03:22:42 AM

Quote from: Vorth on February 09, 2017, 11:46:24 PM

Hey mate, it is not that easy to indulge yourself into something that makes you only curious, in investing money and time you need passion to it. It might not that easy to have but as the time goes by when your passion really drives you to success then it is good.
You also need that some learning to get from your advisers and friends out there, they might help you on that, then in some research.
But as above posted, it is better to experience it by your own not relaying yourself to other’s experience because maybe your fate is different from theirs, but it is good to collect some ideas on how to grow and start on.

You forgot to see the essence of positioning in your investments which is an essential part of any part of profit taking. As you can see Bitcoin's price is way to high to buy more Bitcoin. The best time for buying it was awhile back in January where is drop back to 700$. This assures you that you are in a safe position to wait for it to grow.

Yes, right now the right move is to wait, you cannot buy more bitcoin because if you do and there is a price drop then you run the risk of selling at a loss or you will have to wait until a price increase and by the time it happens you will probably just want your money back.

dearbesz1219

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Quote from: simadr on February 03, 2017, 02:57:36 PM

Hi everybody, I am quite new in this new market and have a lot of interest in it. After advices from friends, i have put some money in Ethereum by the fact that i like their project which has a global view on the world. Moreover, i have also put some money in Monero.

Now, i am confused to invest in the long run for some bitcoins. Why ? Because prices are already really high but after reading a lot analysis, predictions are quite high.
What do you think about investment in some bitcoins at this high Price ? Thanks guys

I don't see any wrong to your friend's advice, they gave you a good advice actually. Though the price was so high anyhow, but still a good assets investment, if you want to explore more things about investing in some other coins you can check coinmarketcap.com on which coins for you is the best to invest in.

South Park

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I am terrible at Fantasy Football!!!

Quote from: Sled on February 09, 2017, 04:15:26 PM

Back in the newbie days, When i was a newbie and when i did my very first investment on bitcoin and i can say that is one of the decision that i regret because i invested almost 500$ on bitcoin and use all those amounts to invest on a HYIP site and just after a few weeks it turned into scam and i don't get even 50% of my investment and when that happened it is very hard for me to trust any investment site anymore especially those investment sites that promises big returns on a short time.

It is always hard when you get scammed but take it as a lesson, bitcoin offers many opportunities to earn but at the same time we cannot be naive and think we are going to multiply our money simply by having bitcoin, we need to work hard for it and eventually we will get some profits.

jeraldskie11

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Before you start investing, you need to know more about investment to prevent failure and end to lose your money. Investor must be have an experienced in trading because some company, in the few day they will pay and after a several days they will run. That is the reason why you need to have an experienced in investing. But the investment site in this forum is very trusted, so don't worry.

KuromaYoichi

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My first invenstment in bitcoin is buying some altcoin in 2014, i'm still a newbie and got tempted to buy some altcoins. The result was bad but it was an important experience for me. Bitcoin price right now is quite high, but i still believe that the price can go higher than this, but if you think the price is too high, you can wait if it will fall.

dxypp005

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Quote from: jovs on February 11, 2017, 12:42:31 AM

Quote from: Rahar02 on February 10, 2017, 05:28:35 AM

Quote from: Theb on February 10, 2017, 03:22:42 AM

Quote from: Vorth on February 09, 2017, 11:46:24 PM

Hey mate, it is not that easy to indulge yourself into something that makes you only curious, in investing money and time you need passion to it. It might not that easy to have but as the time goes by when your passion really drives you to success then it is good.
You also need that some learning to get from your advisers and friends out there, they might help you on that, then in some research.
But as above posted, it is better to experience it by your own not relaying yourself to other’s experience because maybe your fate is different from theirs, but it is good to collect some ideas on how to grow and start on.

You forgot to see the essence of positioning in your investments which is an essential part of any part of profit taking. As you can see Bitcoin's price is way to high to buy more Bitcoin. The best time for buying it was awhile back in January where is drop back to 700$. This assures you that you are in a safe position to wait for it to grow.

You forgot Grin

that we can't go back to January and buy bitcoin as much as we could.
You forgot again, the best time to buy a lot of bitcoin was in 2009. As we can't go back to the past (we wish), there is no perfect time to buy, but we know $1000 is the settle price, so whenever the dip occurs, chance to buy.

You can't really tell when that dip will occur, wether you are a professional trader or not. Bitcoin is unpredictable, you don't know what will happen soon. Part of it, I'm still glad that it does run so good. Don't miss its oppurtunity, it only knock ones. Use bitcoin since it has a good platform. Better to buy some bitcoins if you don't need money urgently and you are willing to wait, sure that is will gives a higher chance of probability of profit.

Yes. Bitcoin is unpredictable, you do not know the next second it will rise or fall. Of course, $1000 may be a bit high, but if you miss now, perhaps bitcoin will rise, even if it will not fall below $1000. Everything is speculation. My view is that bitcoin is a good product of long-term investment, it is worth buying.

jovs

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Quote from: Rahar02 on February 10, 2017, 05:28:35 AM

Quote from: Theb on February 10, 2017, 03:22:42 AM

Quote from: Vorth on February 09, 2017, 11:46:24 PM

Hey mate, it is not that easy to indulge yourself into something that makes you only curious, in investing money and time you need passion to it. It might not that easy to have but as the time goes by when your passion really drives you to success then it is good.
You also need that some learning to get from your advisers and friends out there, they might help you on that, then in some research.
But as above posted, it is better to experience it by your own not relaying yourself to other’s experience because maybe your fate is different from theirs, but it is good to collect some ideas on how to grow and start on.

You forgot to see the essence of positioning in your investments which is an essential part of any part of profit taking. As you can see Bitcoin's price is way to high to buy more Bitcoin. The best time for buying it was awhile back in January where is drop back to 700$. This assures you that you are in a safe position to wait for it to grow.

You forgot Grin

that we can't go back to January and buy bitcoin as much as we could.
You forgot again, the best time to buy a lot of bitcoin was in 2009. As we can't go back to the past (we wish), there is no perfect time to buy, but we know $1000 is the settle price, so whenever the dip occurs, chance to buy.

You can't really tell when that dip will occur, wether you are a professional trader or not. Bitcoin is unpredictable, you don't know what will happen soon. Part of it, I'm still glad that it does run so good. Don't miss its oppurtunity, it only knock ones. Use bitcoin since it has a good platform. Better to buy some bitcoins if you don't need money urgently and you are willing to wait, sure that is will gives a higher chance of probability of profit.

Bitcoin0916

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Quote from: deppil on February 10, 2017, 10:13:42 AM

Quote from: iqlimasyadiqa on February 09, 2017, 11:49:28 AM

The first investment I did was to buy some of the bitcoin in 2014. then the price increase after waiting for several months.
I get a gain of about 500USD. I was pleased and happy to have to know bitcoin for the year.

I'm sure if you buy a lot of bitcoin in that year, you can be rich today. because the price increase is now more than 2-fold. when I first invested in bitcoin. I just bought some mbtc only. due to capital constraints

You right, and now the price is very expensive. The first time I know bitcoin is about 1 year ago, when it was priced around $280 bitcoin. That time I bought about 5 btc and I invested into some cloud mining programs like Hashocean, CLDMine, Topmine and so on. When I get the payment, I'm very sure that cloud mining very promising, so I bought 10 btc in April 2016 to invest again. But that happened was in July is all cloud mining closed so that I lose about 6 btc.

South Park

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Quote from: iqlimasyadiqa on February 09, 2017, 11:49:28 AM

The first investment I did was to buy some of the bitcoin in 2014. then the price increase after waiting for several months.
I get a gain of about 500USD. I was pleased and happy to have to know bitcoin for the year.

This is similar to my story I bought bitcoin when it was close to 200 dollars, and then the price double I think in a matter of weeks at the time, I was not looking for an investment but as a way to pay for some services so I got a lot more for my money than I could otherwise.

Carmen_Sandiego

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Quote from: Gotottack on February 09, 2017, 09:27:25 PM

Quote from: South Park on February 09, 2017, 05:13:20 PM

Quote from: simadr on February 03, 2017, 02:57:36 PM

Hi everybody, I am quite new in this new market and have a lot of interest in it. After advices from friends, i have put some money in Ethereum by the fact that i like their project which has a global view on the world. Moreover, i have also put some money in Monero.

Now, i am confused to invest in the long run for some bitcoins. Why ? Because prices are already really high but after reading a lot analysis, predictions are quite high.
What do you think about investment in some bitcoins at this high Price ? Thanks guys

Don’t rush it the most important thing is to keep yourself informed and this forum is a good source of information, wait take some time, a few weeks or months and try to see for yourself the movement of the bitcoin price, finally when it reaches a low enough price for you buy as much as you can and then wait for the right opportunity to sell.

Indeed, you must learn how things work first before you first dive into it. But, I think it is still a great way to learn when you're actually already into it. Investing and trading cannot be learned just by studying theories and reading about it, you will not achieve anything there. Go do it and experience it for yourself and you will learn more than what the books tell you.

I also think that avoid being in a hurry is an important thing to learn, because in this market you have to take time to analyze each investment and every move. And when it comes to altcoins market, the investor is trading digital assets that have high volatility, some have sharp price declines and can take months, or years to recover, and that is one reason why this market requires good analysis to make the best decisions.

Topic: First investments in bitcoins - page 4. (Read 7411 times)