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Topic: First investments in bitcoins - page 9. (Read 7427 times)

hero member
Activity: 924
Merit: 500
February 06, 2017, 05:46:59 AM
#31
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

You don't need to be confuse, ethereum, monero are both quite good, and there are still few legit altcoin that has a promising project which you can also invest your bitcoin to buy other coins. Why not try to buy wbb, xem, and icobid, steem, and others.
hero member
Activity: 959
Merit: 500
February 04, 2017, 11:07:48 AM
#30
The problem is that you never know if will ever be as cheap as it is today.
Of course 1000$ sounds high, but it can really happen that bitcoin will stay above that level in the future.
The long term predictions of many people point to an ongoing upwards trend of bitcoin price.
With bitcoin it's like with every other investmen: you gather information, draw a conclusion and react on that.

legendary
Activity: 1218
Merit: 1000
February 04, 2017, 10:01:44 AM
#29
If you believe the price will rise in the future it does not matter if you want to buy now. You will be investing in the long term so it does not matter if you buy now because bitcoin prices continue to grow. But if you want to be patient maybe is better wait when the price goes down (maybe under $ 1,000), it will maximize profits in the future.
hero member
Activity: 882
Merit: 506
February 04, 2017, 09:57:13 AM
#28
Regardless if the price is high or not the prices of bitcoin doesn't matter because it will still rise in the future. However, buying monero now is really a great opportunity as bitcoins will probably drop in price in the future and it will correct similar to what happened last month. So maybe you can balance it. Once bitcoins drop in price and monero pumps, sell off your monero and buy bitcoins. This is easier if you put your coins on an exchange like poloniex. Good luck OP!
hero member
Activity: 1764
Merit: 584
February 04, 2017, 09:42:09 AM
#27
Go by the mantra "Sell high, buy low". Whenever it reaches a price that is "too good to be true" that's the time to prepare your funds. Wait for it to crash, then buy. If you like, you can wait a bit more to let the more anxious ones sell off to see how low it will get. Now that you've got bitcoins, if you are planning to convert it to fiat, the tricky part is when to sell. Nobody said it was easy. Cheesy

If you are in for the long haul you can just leave it there - through the busts and booms. I you think you've become knowledgeable enough, you can use the profits for other stuff like trading.
sr. member
Activity: 686
Merit: 253
February 04, 2017, 03:33:02 AM
#26
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

You're already doing the right thing, keep it up and don't change. Keep mining ethereum and Monero and sell them for bitcoins, that's your only feasible way out. You can't invest in Bitcoin straight away through mining unless you perhaps buy them and store with the hope of prices increase else you're better of mining Alts and selling for BTC.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
February 04, 2017, 01:11:49 AM
#25
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

At this moment, I advice to you that wait the price to dump before you buy bitcoin. Yup, Its high price at now but surely when it pumps there's a dump and wait it to happen.Just wait it till the best price to buy. That's the best time to invest your money in Bitcoin. Investing in Bitcoin is not confusing because it has a good potential that many will accept it sooner or later.
Thats right mate in terms of placing an entry better to wait for the best value price its not to be fomo because we doesnt know when the price will stop rising what is better is just patiently waiting and keep tracing before make a move.
sr. member
Activity: 462
Merit: 250
February 04, 2017, 01:08:19 AM
#24
I think there is always time to invest. Let me ask you OP, why do you think that the price is high? There are shares on the market worth more than $1000, so what makes bitcoin look like it's already peaking?
Probably the fact that it started low and went high across the years, unlike some companies that issue shares when they are already becoming big. When Bitcoin reaches $2000 you will say today was a good moment to buy. Wink
although there is a great potential in the price of bitcoin but actually when the price of bitcoin cross 1000 USD level it has a great psychological effect on our mind and we consider the price a little high and in fact the selling ration increase when the price hit 1000 USD, it always get a great resistance to increase, but once when it will cross the 1200 USD level then it will skyrocket and will even cross 1500 USD.
hero member
Activity: 1498
Merit: 586
February 04, 2017, 01:01:18 AM
#23
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

At this moment, I advice to you that wait the price to dump before you buy bitcoin. Yup, Its high price at now but surely when it pumps there's a dump and wait it to happen.Just wait it till the best price to buy. That's the best time to invest your money in Bitcoin. Investing in Bitcoin is not confusing because it has a good potential that many will accept it sooner or later.
hero member
Activity: 924
Merit: 500
February 04, 2017, 12:48:16 AM
#22
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

You don't need to be confuse regarding about investing some coins, even bitcoin for now is high but still we can wait. But as of this moment we can shift to buy some coins that are cheap but it has a potential project. While we wait for the bitcoin value decrease, for us to earn more likely in bitcoin and that was altcoin purpose all about. This is just my thought nothing else.
legendary
Activity: 1218
Merit: 1007
February 04, 2017, 12:14:00 AM
#21
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
There are a lot of different variables that should be applied to the Bitcoin market, and even though the value is high already there is no harm in putting something like $20 in and making whatever money you do off of it. Just don't really expect to own whole bitcoins from the get-go if you are unable to afford it.

As for the market itself, it's like anything else. Buy low, sell high, watch for troughs and crashes. Bitcoin is too strong to die from any sort of crash at this point, to my knowledge, and it has remained incredibly resilient and is on its way to push the ATH soon.
hero member
Activity: 560
Merit: 500
February 04, 2017, 12:06:09 AM
#20
If you want to invest in bitcoin even if it is long term investment just wait until the price was below 700$ since in these price ranges, commonly many holders dump all the coin they got to buy cheaper. Just wait for a good price to come before buying and sell when there's a good pump and buy when there's a dump and repeat the process over and over.
legendary
Activity: 3080
Merit: 1353
February 03, 2017, 11:39:17 PM
#19
I dont invest to any altcoins at the moment only in bitcoins because for me bitcoins are the only crypto currency worth investing. Alt coins are popping anywhere so its really hard to choose which one is the best alternative. Though I started with small capital but so far yields are really good so I'm sticking with bitcoins.
hero member
Activity: 770
Merit: 500
Bazinga!
February 03, 2017, 11:28:58 PM
#18
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

it is pretty simple: bitcoin price will continue to go up, even if it is high in your eyes now. a while later it will be $1500 and then $2000 and then $4000 and so on. and you will keep saying price is high.

mean while altcoins like ethereum are falling hard. their price is 0.03BTC and then 0.02 and then 0.01 and keep falling and in a year or two the price will be 0.0001BTC and you are still saying bitcoin price is high.
legendary
Activity: 1862
Merit: 1004
February 03, 2017, 11:20:40 PM
#17
You invested in Monero and Ethereum over Bitcoin? Your friends really mush have love these coins, because it is not the best way to locate your money.
Monero was growing rapidly and price was rising as a result, but it will end, as long as Monero will continue to grow it will call attention from authorities.
There is no way that fully anonymous coin will be used as payment method in the future, the bigger monero will grow - the harder it will fall destroyed by future legal issues.
It will be forever main currency of dark markets which will limit its potential to grow.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
February 03, 2017, 11:10:31 PM
#16
I think there is always time to invest. Let me ask you OP, why do you think that the price is high? There are shares on the market worth more than $1000, so what makes bitcoin look like it's already peaking?
Probably the fact that it started low and went high across the years, unlike some companies that issue shares when they are already becoming big. When Bitcoin reaches $2000 you will say today was a good moment to buy. Wink
newbie
Activity: 26
Merit: 0
February 03, 2017, 10:18:32 PM
#15
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.
some newbies take initiation in crypto with alts, but I wouдd recommend to start with real money (Bitcoin) at the begining. With alts you are highly probable to lost you money and get dissapointed in crypto
hero member
Activity: 1092
Merit: 501
February 03, 2017, 10:14:07 PM
#14
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
The best thing to do as an investor is to wait the right timing, right now it does not seem like the best moment to buy unless you are really thinking of holding your bitcoin for a long time and you don't care about rapid profits.
copper member
Activity: 1330
Merit: 899
🖤😏
February 03, 2017, 10:10:33 PM
#13
I'm pretty sure that last year people used to say don't buy you'll lose just wait for the price to go under $400 again.
Now people saying don't buy wait for price below $800, you see the irony?
sr. member
Activity: 462
Merit: 250
Arianee:Smart-link Connecting Owners,Assets,Brands
February 03, 2017, 09:34:13 PM
#12
I would suggest you to try to invest in some coins. Any of them can pump in future and you can became a millionaire the same way as those people who bought bitcoin with very low price in the most beginning.

Yes, small thing or small capital can lead to large amount to earn, we need to be in the right track, and we need to use our time. Some coins are having a highest value, we should know what are the things to consider while investing, if we can earn? or if can only lose our money. This questions are needed to harvest or to earn a lot of money. Having coins with high value are the best that we should invest on.
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