How Much Should You Invest in Bitcoin? - page 21.

imking

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Quote from: alexclaye on February 23, 2018, 03:39:25 PM

I often get asked privately if Bitcoin is worth an investment. My answer is a whopping yes….invest your time.
The price fluctuation of Bitcoin is certainly fascinating, but how cryptocurrencies (and blockchain, more on that soon) will affect you, your job, your business, and humans collectively is far more lucrative.
The financial (and in turn, geopolitical) institutions are about to go through what the media (music, books, TV, newspapers, cinema) industry went through since the rise of social media during the past decade.
Your investment in time learning about blockchain uses will far outweigh the investing of your $ € ¥ £ etc..

When you enter the world of investment, it will depend on you how much you will invest. Most of the investor and trader said that it is better to spend the quantity that affordable to misplace. In short, there is no exact amount of money you will put on the investment. If you only have a $50 that is not bad. Investing on the crypto have no exact time to buy and sell it will depend to you.

LongerBitcoin

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Quote from: whirlcoin on June 03, 2018, 06:18:32 AM

Quote from: kevinkevinak on June 03, 2018, 05:29:08 AM

Erik Finman is a 19-year-old cryptocurrency millionaire who reckons that young people should invest 10% of their income into bitcoin and other top cryptocurrencies. If you assume that half your income is lost to rent/mortgage and bills, then this actually equates to 20% of your disposable income.

This can be a better strategy to invest on bitcoins or invest half of your svings about into bitcoin for long term and surely you will get hige returns if you can hold it for years and when we are buying is also nore important than how much we are investing.

There are so many factors which can effect your trading, if you have good experience in trading and you are trading crypto for a long time then you must know about the market nature, then you can invest a good amount of money , but if you do not have good experience then you should try your bet not to invest a big amount of money in crypto market.

Kiweikoo

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Quote from: Clark05 on June 03, 2018, 07:22:30 AM

Investing in bitcoin is worth it because you can gain more profit after holding few years. Just like the most of people do they buy bitcoin when the price is very cheap and hold it for few years or atleat 5 years or more and then they will get more profit and most them also are millionaire.

You can invest any amount in Bitcoin. You do not have to buy a whole one coin or many. You can also have a fraction of Bitcoin with a thousand or two dollars. This is the joy and financial freedom Bitcoin gives to everyone. You will earn according to the ratio of your investment. The more you invest, the more rise in the value of Bitcoin will go to your pocket as profit and vice versa.

StarofBTC

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Quote from: kevinkevinak on June 03, 2018, 05:29:08 AM

Erik Finman is a 19-year-old cryptocurrency millionaire who reckons that young people should invest 10% of their income into bitcoin and other top cryptocurrencies. If you assume that half your income is lost to rent/mortgage and bills, then this actually equates to 20% of your disposable income.

The amount of money which you must invest in any of the crypto currency greatly depends on your overall earnings and your financial status. It is better to invest only that much amount of money which can afford to invest quite comfortably and that there is no need to invest more money. Make the right choice amongst the coins and then invest the money but before doing that, learn all the important things which you need to know.

duche5s

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If you’ve heard Bitcoin as a buzzword but are at a loss when it comes to the definition, you’re not alone. Just 24 percent of U.S. adults are familiar with Bitcoin — but that hasn’t stopped the digital currency’s circulation value from swelling to more than $152 billion despite the recent downturn. That's like a Powerball jackpot on steroids — and a big reason Bitcoin has been such a hot topic recently. Whether you want to be able to talk intelligently about it at a cocktail party or are seriously considering putting some money into it, here's what you need to know.

MUG1WARA

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I know if investing in bitcoin is very profitable but I do not spend all my money to invest in bitcoin but I still choose altcoin for the alternative because then I can predict better for my finance

aphanous

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How’s this for a hero’s journey: In July 2010, one Bitcoin cost just 5 cents. In December 2017, that figure rose to nearly $20,000. And within the last 24 hours, the price fell below $8,000 — and the global cryptocurrency market lost more than $100 billion.

nano77

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to invest in bitcoin then the amount you will invest depends on your ability and the money you have but you must know about the risks that can happen and you must be careful in making decisions

badungs

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Quote from: alexclaye on February 23, 2018, 03:39:25 PM

I often get asked privately if Bitcoin is worth an investment. My answer is a whopping yes….invest your time.
The price fluctuation of Bitcoin is certainly fascinating, but how cryptocurrencies (and blockchain, more on that soon) will affect you, your job, your business, and humans collectively is far more lucrative.
The financial (and in turn, geopolitical) institutions are about to go through what the media (music, books, TV, newspapers, cinema) industry went through since the rise of social media during the past decade.
Your investment in time learning about blockchain uses will far outweigh the investing of your $ € ¥ £ etc..

yes, indeed such questions must exist within a person. but when i get a question like that.
I would say that everytime we talk about Investment, I think everyone agrees to invest what you are able to lose. If you do not know and are still in the first stage studying the investment with crypto currency and asking how much, I suggest you to invest 20% -30% of your money. And never save all your savings to invest. and I also recommend not to rely on investing to make money, try to trade in cryptocurrency. because I think the opportunity to get a bigger profit trading than long-term investing.

Cold_Zero

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My advise.

Dont put all your financial plan in one bin, since when you lost all your financial plan. There nothing left to recuperate your cash.

I for the most part put half of my financial plan in bitcoin on the grounds that I believe the bitcoin from long years back and as of recently. What's more, I utilize half to some different coins that I use to exchange and get benefit. Since put resources into much coins are fascinating. When you lost 20% of your financial plan, perhaps other venture will assist your financial plan with being back significantly more than you might suspect.

candy69

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Knowing that bitcoin is a very risky investment, people are still investing in bitcoin. It is the best long-term investment out there. Investing in bitcoin is more lucrative than investing in gold or real estate.

Clark05

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Investing in bitcoin is worth it because you can gain more profit after holding few years. Just like the most of people do they buy bitcoin when the price is very cheap and hold it for few years or atleat 5 years or more and then they will get more profit and most them also are millionaire.

whirlcoin

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Quote from: kevinkevinak on June 03, 2018, 05:29:08 AM

Erik Finman is a 19-year-old cryptocurrency millionaire who reckons that young people should invest 10% of their income into bitcoin and other top cryptocurrencies. If you assume that half your income is lost to rent/mortgage and bills, then this actually equates to 20% of your disposable income.

This can be a better strategy to invest on bitcoins or invest half of your svings about into bitcoin for long term and surely you will get hige returns if you can hold it for years and when we are buying is also nore important than how much we are investing.

kevinkevinak

newbie

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Erik Finman is a 19-year-old cryptocurrency millionaire who reckons that young people should invest 10% of their income into bitcoin and other top cryptocurrencies. If you assume that half your income is lost to rent/mortgage and bills, then this actually equates to 20% of your disposable income.

pid3ational

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Another well-known bitcoin bull, Michael Novogratz (former partner at Goldman Sachs) thinks that “it’s almost essential for every investor to have at least 1% or 2% of their portfolio” in cryptocurrencies. In 2017, Michael reported that he had about 10% of his net worth in cryptocurrencies.

utch1son

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Tom Lee is the co-founder of Fundstrat and is endlessly bullish about bitcoin. In this presentation at the Upfront Summit (previously mentioned in this post), Tom Lee highlights that top cryptocurrencies have an “uncorrelated alpha” which is the “holy grail of portfolio allocation”. Translated, this means that cryptocurrencies are not correlated with other asset classes (e.g., stocks)

espicabled

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Most well-known from his time at Facebook, Chamath Palihapitiya has repeatedly recommended (e.g., here and here) that everyone should put about 1% of their investment capital into bitcoin. The crux of his argument is that bitcoin is uncorrelated with traditional assets classes (e.g., stocks), and will, therefore, serve as a hedge against the “autocratic regimes and banking infrastructure that we know is corrosive”.

pennisond

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Let me just cut to the chase: there is not one answer to this question which will be appropriate for everyone. If you’re a Russian oligarch sitting on a couple of billion dollars, then it’d be pretty stupid to bet everything on cryptocurrency. But if you’re a young millennial with just a few thousand pounds? Maybe betting everything you have makes sense.

admtall

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Quote from: Kita Kita on June 02, 2018, 09:44:29 AM

Quote from: Starving_Marvin on May 29, 2018, 02:15:23 AM

It is not really enough to find money for the investment because you have to have free time for that too. You need time to research about a coin you are going to invest in and constantly monitor the market after that.

Well if you have a a lot of money my advice is you should invest atleast $15k so you can able to have 2bitcoin and investing in bitcoin when the price is low is a wise strategy and i am sure that the value of 1 bitcoin in the future can be $50k.

Bitcoin is a risky investment but very profitable most especially for longterm. Only invest what you can afford to lose and before you invest in bitcoin search and study first how bitcoin works.

Kita Kita

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Quote from: Starving_Marvin on May 29, 2018, 02:15:23 AM

It is not really enough to find money for the investment because you have to have free time for that too. You need time to research about a coin you are going to invest in and constantly monitor the market after that.

Well if you have a a lot of money my advice is you should invest atleast $15k so you can able to have 2bitcoin and investing in bitcoin when the price is low is a wise strategy and i am sure that the value of 1 bitcoin in the future can be $50k.

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