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Topic: How much is the suggested amount of starting investment on bitcoins? (Read 2268 times)

legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
How much is the suggested amount of starting investment on bitcoins?
This is entirely up to you and will depend on how much profit you  intend to receive

In United States Dollar currency please or Philippine Peso.
Again this is entirely all up to you or the exchangers  preferred  currency
and also, is it better to invest in bitcoin rather than investing in stocks?
I would say bitcoin is better because you get to manage everything unlike stock which is usually managed by a third party and payouts are all after a certain time frame
newbie
Activity: 42
Merit: 0
That’s a decision you’ll have to make on your own, but what you should consider are the fact that Bitcoin still remains one of the most watched and speculated currencies of all time. Research Bitcoin, what it is used for, what it would do for society, and if you believe it’s going to be adopted, then invest in it.  I myself research about Bitcoin almost everyday
full member
Activity: 448
Merit: 100
It depends on how much you have but it's better to go all in in bitcoin. There's no doubt it will be doubled next year.
full member
Activity: 266
Merit: 100
How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.

and also, is it better to invest in bitcoin rather than investing in stocks?
If you have a huge budget to invest, I suggest you buy 1 bitcoin. Because of the volatility of it's price, it can increase rapidly but it can also dump so hard. But as of now, the price of bitcoin seems a little bit stable and it's also rapidly increasing. So I guess now is a good time to invest to bitcoin. You'll never know how high can it reach by the end of the year. If the price of bitcoin increases continuously, you'll make a huge profit out of it. Even double the amount that you've invested if you're lucky enough.
legendary
Activity: 910
Merit: 1000
I would say start at least with a 100 USD. it's not so much and at the same time not so little.
full member
Activity: 196
Merit: 100
You should't start with an amount too low so transaction fees of the various exchanges won't kill it. I started with an amount of 150$ and try to keep doing this every month.
member
Activity: 112
Merit: 10
In my opinion you should try to invest as much as you can, but definitely don't invest more than you can lose. You really shouldn't think of investing in cryptocurrency as a quick way to make money or to become a millionaire and believe in all those lambo memes that you read on reddit.Think of it as a long term investment that may or may not give you a decent return in a few years and try to put money into it every month or so and you'll eventually have a decent amount of money invested.
newbie
Activity: 56
Merit: 0
When Bitcoin went mainstream you were already late to the party. Still it's a good way to make money but you should see it as a long term investment. If you want quick profits (or losses) it can be more interesting to invest in altcoins in my experience.
newbie
Activity: 41
Merit: 0
How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.

and also, is it better to invest in bitcoin rather than investing in stocks?

Generally do not invest more than the money you can't lose, because the market is still volatile. You will make emotional actions easily and destroy your account when it moves to the opposite direction.
newbie
Activity: 42
Merit: 0
i just starde a few days with 0.03 btc and im with 0.3 now

so it deppends upon you , your dedication and analysis criteria .

they are lot of x10 opportunities so you could start with 0.1 btc
sr. member
Activity: 756
Merit: 252
How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.

and also, is it better to invest in bitcoin rather than investing in stocks?
There is not a recommended amount since every person has their own circumstances there are those that can only afford 0.001BTC and there are people that can afford several BTC from the beginning.
sr. member
Activity: 476
Merit: 250
It depends on your motive, money just a factor. Do what you coulf afford, try to take min risk.  If you have good strategy than it become easier.
full member
Activity: 168
Merit: 100
How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.

and also, is it better to invest in bitcoin rather than investing in stocks?

Hey Kabayan. Welcome to the forum.

Based on my experience. I started investing in bitcoin with around $100 or PHP 5000. I bought some when I still have a stable job back then and I try to accumulate it portion by portion. And then I starting to do trading as well with my savings, well sometimes we lost and but most of the time is positive on my end. Signature campaign also help me, because when I decided to quit my job and put up a offline business, my sig campaign earnings what used as a additional cashflow to my offline business. I have a stocks as well, but I haven't touch in for years. I think its much better to invest in bitcoin because bitcoin price is so strong right now and chances are it will continue to the next couple of years. I just caution you to invest what you can afford though, so that you will not just sell them when you don't have money. Just hodl on it and you can reap the rewards in the future. Goodluck!!!
which site did you invest your 100$? In terms of money investing I carefully decide which is good to invest. Because I dont want to be scammed.
newbie
Activity: 35
Merit: 0
How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.

and also, is it better to invest in bitcoin rather than investing in stocks?

It really depends on your investment strategy and financial situation.
For me, I invest in both bitcoin and stocks. But stock is backed by more tangible assets, which makes me feel more comfortable.
hero member
Activity: 966
Merit: 501
How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.

and also, is it better to invest in bitcoin rather than investing in stocks?

It is totally depends on you, whatever amount you can manage or afford is the good amount for the investment. Yes, it is a good option to invest into bitcoins rather into stocks. But if you want you can also divide your investments into bitcoins and stocks.
full member
Activity: 154
Merit: 100
If you have a lot of money I suggest to buy as much bitcoin today as one year ahead the experts predict the increase to 5000$
full member
Activity: 616
Merit: 102
How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.

and also, is it better to invest in bitcoin rather than investing in stocks?

Depends on your budget. If you have extra money that you do not know how to spend it then you can trade or invest that in bitcoins. You just need a system to follow in buying and selling bitcoins to maximize your gain. It is up to you to discover your system that suit you.

Just don't borrow money to invest or trade because all trading and investing whether in stock market or bitcoin have risk.

I believed that bitcoin was better than stocks.
member
Activity: 84
Merit: 10
Bounty Manager At your Service Please Pm me
Well it works like this that the more you put in it the more you reap the benefits
hero member
Activity: 966
Merit: 535
There is not really starting amount but you could say you want something substantial that will make something of a difference. Like making $0.01 a day is nothing substantial but if you can make it $0.10 a day that is a good starting point of $3 a month. You grow from then and you sometimes for $30 a month or $1 per day then you have a decent investment and you carry on from there. Start small and get use to it.
member
Activity: 67
Merit: 10
How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.

and also, is it better to invest in bitcoin rather than investing in stocks?

The risks are higher than investing in stocks of big companies.  But the return might be also higher. It depends on your appetite on taking risks. It's rather difficult to say what's best  investment , you can not predict the future. Calculate all risks and choose your strategy.
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