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Topic: How much is the suggested amount of starting investment on bitcoins? - page 3. (Read 2255 times)

newbie
Activity: 1
Merit: 0
Any idea where would be the best place to buy bitcoins for a starting investment?
member
Activity: 111
Merit: 10
GeoPin: Blockchain-based interface to the physical
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?

On the amount of money: whatever amount you are comfortable with that does not affect you daily lives even if you lose.

On which investment is better: An investor who invested in Bitcoin 5 years ago would have seen total returns of more than 22,000%, a return you would not see with investment in traditional stocks. However, the risk of investing (volatility) in Bitcoin is much higher. I would suggest doing a lot of readings about cryptocurrency before investing. 
legendary
Activity: 1722
Merit: 1000
There is no suggested amount or minimum/max.

It is entirely up to you, however don't risk more than you can't afford to lose.

Also be careful at what price you get in, the lower the better.

mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
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?

Hi Kabayan!  Grin

You shouldn't think of how much exactly you invest, but rather what percentage of your funds you're going to invest into bitcoins. Before investing yourself, I suggest reading articles and watch videos about Bitcoin and cryptocurrency so you know what you're investing on. Don't invest just because some people invest. Learn about crypto and make your own judgement.

After learning about bitcoin, ask yourself. Do you believe bitcoin will be successful? If yes, how likely? And then think of how much of your total money you should invest. DON'T invest more than you are willing to lose. You wouldn't want to be homeless if ever bitcoin goes to sh*t.
legendary
Activity: 3094
Merit: 1069
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?

Stocks are very much similar to Bitcoins. holding bitcoins have higher possibility of growth while stocks gives you yearly dividend and bonus.
If you are able to hold as well as earn from bitcoin that would be better.

There is no small or large amount for investment. It depends on how much you can afford (like stocks you should also be ready for complete loss which though have a negligible possibility).
full member
Activity: 236
Merit: 250
I would suggest an altcoin that can be profitably mined using what you already have. That pretty much means GPU coins or HDD coins nowadays. You can exchange to Bitcoin if that's what you prefer to hold onto.

Once you know your way around, then you can determine what mining hardware to buy to expand your investment. Keep in mind that while ASICs have little or no other uses, GPUs and HDDs are useful for a lot more. In other words, if you invest in GPU or HDD mining and it turns out to be a bust, you'll have a much easier time repurposing or selling the hardware.
legendary
Activity: 1036
Merit: 1002
Maybe try to earn with your hard working with bitcoin don't just buy because you wanted to use bitcoin without any knowledge you could lose everything better to take stairs than to take the shortcut one to know the struggle of using it earn from difference website and save for your opportunity and then start learning of your dream Smiley there to exact amount to invest or to trade as long as you had patient you will earn tho.
newbie
Activity: 42
Merit: 0
Basically its purely depends on you that with how much money you can start, But I started with 1 bitcoin & bought diff Alt alt coins as well & did trading & continue to increase my Bitcoin & in the present scenario I would suggest you to invest in bitcoin rather than stocks because as per my analysis I am seeing bitcoin more bullish, so if we hold bitcoin it will definately gives you good return & apart from this always invest that much amount that can you afford to loose in online industry, never put you hard earned money & before investing in bitcoin study yourself also on youtube there are numerous videos available on Youtube or you can study this forum to increase your knowledge regarding bitcoin it will certainly help you to took wise decision.
legendary
Activity: 3080
Merit: 1353
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 $100 or PHP 5000. I bought some when I still have a stable job back then and I try to accumulate it portion by portion. And then I starting to do trading as well with my savings, well sometimes we lost and but most of the time is positive on my end. Signature campaign also help me, because when I decided to quit my job and put up a offline business, my sig campaign earnings what used as a additional cashflow to my offline business. I have a stocks as well, but I haven't touch in for years. I think its much better to invest in bitcoin because bitcoin price is so strong right now and chances are it will continue to the next couple of years. I just caution you to invest what you can afford though, so that you will not just sell them when you don't have money. Just hodl on it and you can reap the rewards in the future. Goodluck!!!
hero member
Activity: 1120
Merit: 502
How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.
That will depends on what can you afford for.
If you using Bitcoin in a trading way you need a good capital on it something like 150$ is a good start in trading.
and also, is it better to invest in bitcoin rather than investing in stocks?
For me is better to invest in Bitcoin because your money is on your hands unlike stocks your money is in the company.
newbie
Activity: 32
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?
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