I need a Bitcoin investment advice - page 3.

Asuspawer09

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Quote from: ? on January 08, 2025, 01:47:57 PM

Hello, I have been wanted to buy Bitcoin for some time now and I have been looking into Bitcoin.

I want to invest some of the money I’ve got from a real estate liquidation, about 50-100k $. I am not looking for a big profit, but want to secure the value. I definitely plan to hold the Bitcoin for a few years, at least 1-2. A sudden drop in the price of Bitcoin would not scare me.

I originally wanted to buy Bitcoin at a price when Bitcoin was at $60k, but I got my money later than I thought.

When I'm paying attention to the news I hear a lot. Many voices claim Bitcoin will moon and skyrocket to new all time highs in 2025, they talk about 200k or 300k $ per Bitcoin. Others are talking about a crash to 60k $ or even lower, from which Bitcoin will start to recover. The scheme from 2020 to 2022.

Of course I want to get a good entry price and that's why I'm asking you, people who have seen and experienced a lot when it comes to Bitcoin.

I will store the Bitcoin on a cold wallet, I have already thought about it.

The best way to do it is Dollar Cost Averaging no question asked, just buy Bitcoin every week or every month set a certain amount, or something like that, you get the idea, then hold it until you satisfy with the value.

Doesnt really matters since you're going for the long term, but if you want to minimize the risk of your investment Dollar Cost averaging is going to be a huge help, instead of just waiting for the market price to drop, you could modify your strategy by increasing your purchasing power every week, if you are noticing that the market price of Bitcoin is continuously dropping from the past weeks, with that strategy you could easily accumulate high volume of Bitcoin instead of just losing a huge value just because you drop all of your money in one market price, that could easily backfire, I mean it was just kind high risk and high reward, since you could earn a huge amount as well if the market price continue to price after you bought.

DaNNy001

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Well you have already got a good start up capital if you ask me and from your time frame of holding it would be depending on how the markets gonna play out for you to have tangible profits. Bitcoin is already on the bull market and buying it now with capital like $50k will certainly give you something in return as ROI when the price of Bitcoin peaks up again anytime soon this year although on your end of time frame the market might just dip again in the bear season and can affect your target so holding it for longer term would be my advice.

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Quote from: Swordsoffreedom on January 11, 2025, 06:50:42 AM

If you follow ETF flows, you will see that they were even willing to buy when bitcoin price crossed $100k and I think they know what they are doing. Not to mention, there have been many lessons learned in the past. Many people thought that bitcoin price was too high and not worth buying when bitcoin reached $10k, $20k or $50k but surely most of them are regretting it now. So I disagree saying that the current price is too high.

Bitcoin is unpredictable, many people are worried that the price of bitcoin will drop to $60k in the next few months but don't forget that the opposite can also happen. Bitcoin could also rise to $150k or $200k before correcting, and there is also no guarantee that the price will drop below $90k again. So, instead of procrastinating, why don't we use the DCA strategy and start buying now?

Considering these whales know what they are doing, and how bitcoin will grow on the long run, we have to realize that people and companies who buy Bitcoin ETF, are the ones who do not need it for a decade or two. We are seeing something bigger here, if you can buy bitcoin and can wait for 20 years, of course you will get richer, you know it and I know it and everyone else knows it.

But when you are a regular person like us, we may need it due to emergency issues, whereas when we are dealing with companies this size, they do not like get sick and need to pay medical bills, they are already rich, either they keep it, or they are in a bad situation to get bankrupted like 2009 which saves them anyway and they do fine. This is why there is no worries about this at all.

RockBell

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Quote from: Zoomic on January 12, 2025, 04:16:55 PM

How long will you continue to wait for bitcoin's price to dip? The more you wait, the higher the chances of you making use of some part of the money. Everything you hear and read online are all predictions, no one really knows the perfect time to buy bitcoins. I would have recommended DCA if the money was something you would be getting constantly, but since that is not the case, you can invest part of the money in bitcoin while still studying the market, then you buy more later. With 2 years, your goal of preserving the value of that money will be achieved and you would get returns from your investment. This is way better than locking it up in tradition banks.

It's was before that you will tell someone to wait untill the price of bitcoin comes down before you buy but no matter how high the price goes it will continue to go higher this past few months bitcoin continues to mark new AtH every time so it is better to buy when ever you want to because it will take a longer period for the price of bitcoin to come down, this is something we all should have notice that it will continue to happen the change in price, you want to buy it is better to buy.

The issue of buying you have to be the one to choose exactly when you want to buy and I will suggest that when ever you want to buy you are free to buy when you even adopt the use of DCA then it will make things easier for you, and buying gradually because the truth is you don't have to have a lot of money to be able to buy so it is better to buy gradually untill your goal is accomplished, the market should be a thing of serious intrest and this is why a lot of people are not getting it because they are busy focusing on other things.

john_egbert

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Quote from: Ever-young on January 13, 2025, 04:58:01 AM

Quote from: woez on January 12, 2025, 01:19:14 AM

Good question and with quite decent capital. As long as you are confident and believe that it is possible to double your funds to buy BTC from now on. The market is indeed sideways and in the process of accumulation to rise to a higher price. For further movement, many people say the price will go to 120K first and after that is fulfilled, it will gradually move towards the figure that is being reported slowly.

The figure to invest in bitcoin with is good, but with the intention of doubling that amount, I think it's the wrong approach.

You can invest a good amount and wait for a bull season; any profit added to what you invested is a good one to go with, but expecting it to be double, you will need to hold for circles.

It's not that it's not possible, but your chances of getting disappointed are more than the average chance of getting double of what you invested; even if the price moves from its current price up to the predicted $120,000, it won't still give you double of any amount invested.

Yep. Two cycles at minimum would be needed to get this sweet 2X.
Otherwise, the results would still be good, but smaller in scale.

Ever-young

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Quote from: woez on January 12, 2025, 01:19:14 AM

Good question and with quite decent capital. As long as you are confident and believe that it is possible to double your funds to buy BTC from now on. The market is indeed sideways and in the process of accumulation to rise to a higher price. For further movement, many people say the price will go to 120K first and after that is fulfilled, it will gradually move towards the figure that is being reported slowly.

The figure to invest in bitcoin with is good, but with the intention of doubling that amount, I think it's the wrong approach.

You can invest a good amount and wait for a bull season; any profit added to what you invested is a good one to go with, but expecting it to be double, you will need to hold for circles.

It's not that it's not possible, but your chances of getting disappointed are more than the average chance of getting double of what you invested; even if the price moves from its current price up to the predicted $120,000, it won't still give you double of any amount invested.

Zoomic

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Quote from: ? on January 08, 2025, 01:47:57 PM

Hello, I have been wanted to buy Bitcoin for some time now and I have been looking into Bitcoin.

I want to invest some of the money I’ve got from a real estate liquidation, about 50-100k $. I am not looking for a big profit, but want to secure the value. I definitely plan to hold the Bitcoin for a few years, at least 1-2. A sudden drop in the price of Bitcoin would not scare me.

I originally wanted to buy Bitcoin at a price when Bitcoin was at $60k, but I got my money later than I thought.

When I'm paying attention to the news I hear a lot. Many voices claim Bitcoin will moon and skyrocket to new all time highs in 2025, they talk about 200k or 300k $ per Bitcoin. Others are talking about a crash to 60k $ or even lower, from which Bitcoin will start to recover. The scheme from 2020 to 2022.

Of course I want to get a good entry price and that's why I'm asking you, people who have seen and experienced a lot when it comes to Bitcoin.

I will store the Bitcoin on a cold wallet, I have already thought about it.

How long will you continue to wait for bitcoin's price to dip? The more you wait, the higher the chances of you making use of some part of the money. Everything you hear and read online are all predictions, no one really knows the perfect time to buy bitcoins. I would have recommended DCA if the money was something you would be getting constantly, but since that is not the case, you can invest part of the money in bitcoin while still studying the market, then you buy more later. With 2 years, your goal of preserving the value of that money will be achieved and you would get returns from your investment. This is way better than locking it up in tradition banks.

Judith87403

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Quote from: ? on January 08, 2025, 01:47:57 PM

Hello, I have been wanted to buy Bitcoin for some time now and I have been looking into Bitcoin.

I want to invest some of the money I’ve got from a real estate liquidation, about 50-100k $. I am not looking for a big profit, but want to secure the value. I definitely plan to hold the Bitcoin for a few years, at least 1-2. A sudden drop in the price of Bitcoin would not scare me.

I originally wanted to buy Bitcoin at a price when Bitcoin was at $60k, but I got my money later than I thought.

When I'm paying attention to the news I hear a lot. Many voices claim Bitcoin will moon and skyrocket to new all time highs in 2025, they talk about 200k or 300k $ per Bitcoin. Others are talking about a crash to 60k $ or even lower, from which Bitcoin will start to recover. The scheme from 2020 to 2022.

Of course I want to get a good entry price and that's why I'm asking you, people who have seen and experienced a lot when it comes to Bitcoin.

I will store the Bitcoin on a cold wallet, I have already thought about it.

You know if you look at other people's prediction about bitcoin definitely you will end up investing in bitcoin at the wrong time when the price is still more higher than it is right now, so I think the best decision is the one you give to yourself if you want to invest in bitcoin now I think the choice is yours, if you're also waiting for the price to be corrected before you invest the choice still remains yours. but for me I will advice you to invest since you're not expecting a huge profit, if you invest now and hold on to it till 1 to 2 years unlike as you said earlier. I'm pretty sure you can make some profit, considering the current price of bitcoin right now if you think is risky for you to invest with such amount of money, you can use DCA method is also going to help you since is your first time of being in this crypto space.

MusaMohamed

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Quote from: cryptoaddictchie on January 11, 2025, 09:25:36 PM

Bitcoin entry price is absurd. Before we thought it wouldnt reach 30k then it surpass that then some think it wouldnt reach 100k but we also surpass that. We cant say they arent right about their prediction but let see. A turn around is also quite possible since we dont know what the market holds or current trajectory.

But you could always do dca on buyng bitcoin. At least it will average your entry if its low or high from current market price.

Time in the market is important but how long you can let your position opens in the market depends on many things, not only on your will. It mainly depends on your capital management, like what is origin of your investment capital. If it is a loan money, it's risky and unsustainable for your investment, and you can not hold your position for long time as consequence of loan expiration.

If it is your own money, it's good, but another important thing can affect your position and time in the market. It is how small or big your investment capital is in your whole capital?

If it is 100% of your capital, it's risky too and you will have weak hands when market crashes or emergency will force you selling your bitcoin.

It is only good if it is a small or not too big part of your capital, and you have reserve for other activities beyond Bitcoin investment.

m2017

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Quote from: ? on January 08, 2025, 01:47:57 PM

I want to invest some of the money I’ve got from a real estate liquidation, about 50-100k $. I am not looking for a big profit, but want to secure the value. I definitely plan to hold the Bitcoin for a few years, at least 1-2. A sudden drop in the price of Bitcoin would not scare me.

It would be preferable to invest for a period of 4-5 years, that is, until the peak of the next 4-year cycle.

Quote from: ? on January 08, 2025, 01:47:57 PM

I originally wanted to buy Bitcoin at a price when Bitcoin was at $60k, but I got my money later than I thought.

Bitcoin growth in value is not linear, which means there will be periods when it will be cheaper than the current price. Perhaps we will still see a price of $60k or so. Therefore, it would be reasonable to invest now not with all the money, but with part of it. That is, leave some money to buy within 1-2 years (or so), when the bearish trend begins.

Quote from: ? on January 08, 2025, 01:47:57 PM

When I'm paying attention to the news I hear a lot. Many voices claim Bitcoin will moon and skyrocket to new all time highs in 2025, they talk about 200k or 300k $ per Bitcoin. Others are talking about a crash to 60k $ or even lower, from which Bitcoin will start to recover. The scheme from 2020 to 2022.

Don't get hung up on rumors. No one who talks about $200k-300k or $60k knows what it will actually be. I only know one thing, that bitcoin has been getting more expensive in the long term for more than a decade and a half.

Quote from: ? on January 08, 2025, 01:47:57 PM

Of course I want to get a good entry price and that's why I'm asking you, people who have seen and experienced a lot when it comes to Bitcoin.

The best moment is when you are mentally ready to invest in BTC and have the funds to buy. Don't try to catch the ~~shadow~~ perfect moment - it is impossible.

Quote from: ? on January 08, 2025, 01:47:57 PM

I will store the Bitcoin on a cold wallet, I have already thought about it.

There is a whole section of the forum dedicated to this - https://bitcointalk.org/index.php?board=261.0 . Don't be lazy and take a look.

?

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My friend, The price of bitcoin fluctuates based on what other people are prepared to pay. Since there is no central authority regulating cryptocurrencies, they are susceptible to fraud, hacking, and other security risks, therefore, you should learn the basics and comprehend the technology.
. you can use Use dollar-cost averaging strategy, This is a strategy that can help with your investing, and most importantly, Never Invest More Than You Can Afford to Lose When you're ready to invest, you should include no more than 5% of your portfolio in cryptocurrency, and at the very least, you should have sufficient emergency savings before you do so.

As-Soon-As

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If you want to invest in Bitcoin, then of course you can, there is no obstacle, but you have to hold it for a long time, this is the most important reason for investing in Bitcoin. You see, if you invest now, then it will definitely improve the most in the next few years, because look at the past from the present.
Investors who invested before 2022 have benefited the most in the present, because the price of Bitcoin was dumped in 2022. However, from the present time, the price of Bitcoin is most likely to improve further, Microstrategy company is investing in Bitcoin in the long term, you can definitely follow it.

MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

?

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Quote from: ? on January 08, 2025, 01:47:57 PM

Hello, I have been wanted to buy Bitcoin for some time now and I have been looking into Bitcoin.

I want to invest some of the money I’ve got from a real estate liquidation, about 50-100k $. I am not looking for a big profit, but want to secure the value. I definitely plan to hold the Bitcoin for a few years, at least 1-2. A sudden drop in the price of Bitcoin would not scare me.

It’s a nice idea to learn something new who seek advice is not ready to learn and is good to learn everyday. You seeking for idea seems you’re ready to learn and you don’t want to loss at all. My advice for you is you are still good to trade at this moment. The market is perfect balanced now and very good so continuing investing is a good thing right now .

woez

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Good question and with quite decent capital. As long as you are confident and believe that it is possible to double your funds to buy BTC from now on. The market is indeed sideways and in the process of accumulation to rise to a higher price. For further movement, many people say the price will go to 120K first and after that is fulfilled, it will gradually move towards the figure that is being reported slowly.

SilverCryptoBullet

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Quote from: cryptoaddictchie on January 11, 2025, 09:25:36 PM

Bitcoin entry price is absurd. Before we thought it wouldnt reach 30k then it surpass that then some think it wouldnt reach 100k but we also surpass that. We cant say they arent right about their prediction but let see. A turn around is also quite possible since we dont know what the market holds or current trajectory.

But you could always do dca on buyng bitcoin. At least it will average your entry if its low or high from current market price.

Newbies and experienced investors always have their biggest concerns for possible best entries which with time and experience in this volatile and unpredictable market, will help them knowing that it is impossible.

Then through their research or education of others, they will know that Dollar Cost Averaging strategy is very good for their investment, and their entries.

These following websites can help newbies who are intending to use DCA for their investment.
https://dcabtc.com/
https://costavg.com/
https://www.bitcoindollarcostaverage.com/

If they want to DCA their withdrawal, exit.
[ANN] JJG Sustainable Bitcoin Withdrawal Strategy
https://bitcoindata.science/withdrawal-strategy

LDL

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You asked here for advice and maybe you will get hundreds of suggestions and advice but the biggest suggestion for you is to act according to what you understand. If you have enough knowledge and plan and want to invest according to that plan then you invest according to your plan and I don't think it is reasonable for you to accept any other third party suggestion for that. You should always remember that the risk of your investment is borne by you alone and you should always invest with the amount of risk that you can afford.

cryptoaddictchie

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Quote from: ? on January 08, 2025, 01:47:57 PM

Of course I want to get a good entry price and that's why I'm asking you, people who have seen and experienced a lot when it comes to Bitcoin.

I will store the Bitcoin on a cold wallet, I have already thought about it.

Bitcoin entry price is absurd. Before we thought it wouldnt reach 30k then it surpass that then some think it wouldnt reach 100k but we also surpass that. We cant say they arent right about their prediction but let see. A turn around is also quite possible since we dont know what the market holds or current trajectory.

But you could always do dca on buyng bitcoin. At least it will average your entry if its low or high from current market price.

mirakal

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It's a wise option to wait for that big crash until bitcoin price drops into its dips. But no one knows when it's going to happen as everything we have here are just pure speculations. So I suggest to consider DCA method instead.That way, even if btc price continues to surge high, the value of your bitcoin portfolio will also increase as long as you consider buying regularly regardless of its current price. Buy with your extra money first, buy with a small amount of bitcoin.

batang_bitcoin

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OP if you ever come back and have concluded your decision on what price you'll buy and will you consider as the dip, do it. You don't have to inform us, you can do that later. What is important for you is to know how much you're willing to invest and at what price you want to buy. It is hard to rely on the community's thought when you'd see each of us telling you that now is the right time to buy when you don't feel it. And for that reason, plan out your purchases because it will only be you to determine what will work for you as you plan your long term strategy.

RockBell

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Quote from: icalical on January 10, 2025, 12:31:53 AM

First I would like to say that you have a good start, especially storing your Bitcoin in a cold wallet, more secure and it's important. I am quite sure that nobody times the market 100% correctly everytime, even professionals. Yes, Bitcoin might be very volatile, but if held for some years, the price usually pays off. It's smart that short term drops won't scare you, but no one truly knows if it'll skyrocket or dip further. Rather than going all in, consider DCA, buy smaller amounts over time. Since you invest such an enormous amount, spreading your entry may turn out to be less stressful for you and quite strategic. Though you probably won't need it, but good luck with your investment!

The dude actually got a good orientation because not everyone will have the sense of keeping there bitcoin this safe and when you keep it safe that is when you will know people that are serious with there business not everyone knows the value of what they hold and for him so save it in a cold wallet that amount will be a huge amount for him to want to keep it safe.

And you not always get accuracy when it comes to the market all they do is to go according to what the market brings, DCA is like one of the most popular strategies that people use and it's good because you don't need much to acquire bitcoin it is going to based on the plan which is to buy and continue to buy until you are satisfied, and when you buy this way it becomes more profitable, and you will not feel it that much because it is alway difficult when you want to buy bitcoin the easiest way is buying gradually and it saves you a lot of stress. And people need to learn this way of investing.

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