I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
Investment is a form of taking risks or winning big. We have absolutely no idea how much money we can make in that investment, so we need to have a clear capital management plan and profit target. It will be a way to help you invest without losing everything. but for now you can buy BTC to hold for a long time. Because bitcoin halving will affect the price of bitcoin in the long term, buying and holding in the long term will be a smart decision. 
Topic: Invest Crypto - page 2. (Read 1825 times)
It is appropriate that your capital of $ 15k be bought bitcoin, because until now bitcoin is the best cryptocurrency. If you look at
the movement of bitcoin, I'm sure if you hold bitcoin the next few years it will generate huge profits. So no need to hesitate
investing in bitcoin, even though the price is volatile and has a high risk. But bitcoin is profitable.
the movement of bitcoin, I'm sure if you hold bitcoin the next few years it will generate huge profits. So no need to hesitate
investing in bitcoin, even though the price is volatile and has a high risk. But bitcoin is profitable.
Try in your own risk, technically there is no assurance, anything can happen anytime. It can go up or down. But I guess in the long term investing in bitcoin is profitable. But if you looking at the price now and then, your emotion might affect your decisions. I suggest buying a small amount in the meantime and test what will happen and don't risk all of your savings.
I think it doesn't matter if want spend all of your savings to invest in Bitcoin because that it will generate big profits in the future. of course patience will be tested if you want to invest in Bitcoin and must be brave to accept the risk if there is a decrease or increase on the price Bitcoin. if emotions will influence the decisions you have made then don't look at the price too often.
Try in your own risk, technically there is no assurance, anything can happen anytime. It can go up or down. But I guess in the long term investing in bitcoin is profitable. But if you looking at the price now and then, your emotion might affect your decisions. I suggest buying a small amount in the meantime and test what will happen and don't risk all of your savings.
Investing on crypto is a high-risk and always be ready to anything could happen in the future because this not a financial advice, you do your own discretion so that no blaming in the end. It's best to do your research first before engaging in crypto and always ask second opinion to people for advises of what are the do's and dont's. Remember always invest what you can afford to lose, you can try a little amount first and if it really works then you can add more investments in to the next and so on until you reached your target.
The risk is too high to consider an all-in investment in cryptocurrency, I would suggest that you should diversify your investmemts so that when the time comes when crypto experiences a down time then you will still have the cash flow. Remember the saying that you should not put all of your eggs in one basket. If you are determined to do that then good luck and god speed to you and I hope that you earn more than your capital.
Investing on crypto is a high-risk and always be ready to anything could happen in the future because this not a financial advice, you do your own discretion so that no blaming in the end. It's best to do your research first before engaging in crypto and always ask second opinion to people for advises of what are the do's and dont's. Remember always invest what you can afford to lose, you can try a little amount first and if it really works then you can add more investments in to the next and so on until you reached your target.
If you have enough savings and you have a good amount of regular income,you can invest in crypto. Anything can happen at any time in crypto. If you invest all your savings here, you have to keep in mind the risk. Your investment can pay you back several times. If you have a lot of lazy money, you can invest in crypto. However, if you invest in Bitcoin, your money is not likely to be scammed
According to risk-reward principle, low levels of uncertainty are kindred with low returns and high levels of uncertainty are associated with higher returns. There is likelihood of losing some of your investment as BTC are volatile that's why it is not considered as safe way of investing your savings by many. Cryptocurrencies have never been stable, sometimes you can get high profits but there are some questions you need to ask yourself before investing regarding security and safety as $15000 is a huge amount.
If one's wants to make some good ROI in short term he must take some risks unlike with property which is thought to be long term and gives lesser ROI than bitcoin. Seeing bitcoin ROI it's almost 6k+, So I highly suggest OP invest in bitcoin [not other cryptos] at the current price and I can guarantee him, he'll make a nice amount of ROI in a week.
According to risk-reward principle, low levels of uncertainty are kindred with low returns and high levels of uncertainty are associated with higher returns. There is likelihood of losing some of your investment as BTC are volatile that's why it is not considered as safe way of investing your savings by many. Cryptocurrencies have never been stable, sometimes you can get high profits but there are some questions you need to ask yourself before investing regarding security and safety as $15000 is a huge amount.
I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
I will just return the question to you, Do you afford to wait? Believe me or not, a lot of traders are rekt because of bitcoin. Therefore, don't assume to make profits easily because you will deposit a lot of money. Besides it may lost once you enter the peak.
Trading is different from investing. In trading, you can earn more but the risk is too high. Investing is low income but you have low risk as well. If you want to make profits in trading, study it very well.
One more thing, don't pour all of your capital in only one coin because if it suffers the downtrend, you cannot easily return back all of your capital.
So, let me ask again, are you willing to wait? Because for me, bitcoin is for long term period.
I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
I will never say don't invest your dollar in crypto as a crypto lover but be sure in which project or coin you going to invest. Because when btc down to 19k$ to 4k$ many men lost their every investment. So be careful before you investment. Don't invest into any shit coin or project that may carry out all your savings. As in this crisis moment BTC being up 4k$ to 10k$, that means people are more involved with it and doing trust in it. So you can also trust on it but do your work safely.
thanks.
I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
Investment in bitcoin is always profitable if you would ask me, however it depends greatly on you on how much profits you are gonna make from it. Everyone will tell you to buy at the bottom and sell at the peak, that's definitely correct. However, knowing the bottom and the peak is arguably the hardest thing in this crypto space. If you can lock up your investment for a long period, i think you will definitely enjoy a massive profit along the line because everyone that has ever invested long term in bitcoin are the millionaires called whales today
It won't be a problem if you are confident to do it, it's useless if you invest as much as you can but even you don't believe in the future of bitcoin then it will be a problem in the end too. When some people do not have a lot of money to invest in bitcoin then in the end they look for other alternatives and look for cheaper altcoins so that their investment continues to work, this at least proves that if you have a lot of money then bitcoin should be a top priority, wise or not it's back to your own self-confidence.
I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
Bitcoin isn't stable coin to correct your impression. For the investment into the digital currency called Bitcoin; the best investment anyone can make this time is invest into a coin with prospects and Bitcoin is one of the very best investment coin for anyone. Having the $15k to make investment with is a big one at this moment when the price of Bitcoin dropped. Bitcoin investment shouldn't be a short-term investment rather a long-term investment, years ago I make such move to invest a little fraction of my savings into Bitcoin and was not shamed for my move.
I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
For me it's too risky, why don't you try to invest half only of that amount? Youre just starting in these field so learn first more strategies and do research before transferring all your savings into Bitcoin. 
I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
For me it's too risky, why don't you try to invest half only of that amount? Youre just starting in these field so learn first more strategies and do research before transferring all your savings into Bitcoin. I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
For me it's too risky, why don't you try to invest half only of that amount? Youre just starting in these field so learn first more strategies and do research before transferring all your savings into Bitcoin. 
The amount of capital of $ 15k is a very large value, so you should not use it entirely for investing in bitcoin. $ 7500 should be saved
in fiat or stablecoins, then another $ 5,000 is bought bitcoin and the remaining $ 2500 is bought altcoins. Because if not do that, so there
is a possibility your capital of $ 15k can all be lost. Because investment in cryptocurrency is very high risk, due to volatile prices.
in fiat or stablecoins, then another $ 5,000 is bought bitcoin and the remaining $ 2500 is bought altcoins. Because if not do that, so there
is a possibility your capital of $ 15k can all be lost. Because investment in cryptocurrency is very high risk, due to volatile prices.
$15000 seem like a lot. But then I have no idea about your financial background, so it could be a small percentage of your wealth. I think it doesn't matter if you invest $1500 or $15, you always need to look into the best way of investing. And try to avoid common mistakes.
I am talking about getting a secure wallet for yourself. Keeping backups of your private keys. Look into how the tax situation for Bitcoin looks like in your country. Compare exchange rates and fees for the different exchanges and brokers where you can buy Bitcoin via, etc.
We have written this guide on the topic on how to invest in Bitcoin for the first time here https://gocryptowise.com/how-to-invest-in-bitcoin-the-beginner-guide/
I am talking about getting a secure wallet for yourself. Keeping backups of your private keys. Look into how the tax situation for Bitcoin looks like in your country. Compare exchange rates and fees for the different exchanges and brokers where you can buy Bitcoin via, etc.
We have written this guide on the topic on how to invest in Bitcoin for the first time here https://gocryptowise.com/how-to-invest-in-bitcoin-the-beginner-guide/
I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
Before investing don't forget that bitcoin is volatile and crypto market is not stable,but because of this volatility you can make profit. It depends on you if you are a risk taker person then it's time for you to invest in bitcoin specially this time that we are facing in a difficult situation cause by the covid19 pandemic. Crypto will be an alternative way to earn while stay at home. Just learn more techniques in doing trading to avoid loses. Anyway good luck to you. Jump to: