Topic: Invest Crypto - page 5. (Read 1825 times)

It can be of a good decision but since you are new to this environment, it is better to start at a small amount until such time that you are knowledgeable enough with the market situation. I'm not supposed to give you some worries or even doubts but I just say will serve you as a warned that crypto investment is not as easy to look by. Difficulties, losses, and gains might happen around and the question is, can you manage your emotions to face these things? That is so hard and I can't imagine soo many people would try to invest crypto but later on, they started to vanish because they certainly not know what is happening most especially when we are in the bear season.

Investing in bitcoin has a high chance of getting profit and losing money into it, The volatility of bitcoin is higher compared to other investment, This is for me a great feature of bitcoin compared to other investment. I think you should consider the risk if you are investing in bitcoin.

I think investing in bitcoin when it is stable is defeating the purpose of getting profit from bitcoin Because it might always go up and down. Buying on dip and selling at a price that I'm satisfied with, is that I still survive getting profit in trading bitcoin.

If you know all kinds of risk then you can invest. Because you're going to invest your savings. You know how volatile the crypto currency market is. Bitcoin is certainly good for long term investments. You have to hold Bitcoin to get good results. You have to be patient. I think you know. Never invest all the money in one place. If you think of stable, you will not be able to buy Bitcoin.

If you are into long term, it should be safe. BUT you should get acquainted with the process of creating and keeping a cold wallet. Normally this involves booting a secure os pc to create a wallet, then after having written down the seed words by hand securing them, copying plenty public addresses and turning it off.

Then practice recreating the wallet in the same secured PC (live OS images such as Tails are ideal).

You should test with very small quantities until you understand how it works. Perhaps write instructions somewhere to keep them along the seed words.

As long as its long term and cold wallet (paper with written seed words) those funds are safe. And since you have the public addresses, you can keep adding funds and even securely checking them using a blockchain explorer or electrum read only, etc.

Long term bitcoin price will keep increasing, slower overtime. This doesn't mean no fluctuation, it is a free coin and it fluctuates, but this doesn't matter as in the long term the trend continues, just look at the entire history, all 11 years.

Forget about getting "rich" either from this alone. After some years you will see some "interest" (higher than banks) but nothing extraordinary like what people who invested years ago could make. Be disciplined, wait. Preferably take a look every year or two rather than every week or month, so you don't panic and make a mistake. Make sure this is a money that can be left alone, think fixed term fund.

$15,000 was a really huge amount of money and you have any plans on investing it into bitcoin. Bitcoin is not stable in which it may fluctuates anytime and it is because bitcoin is volatile in which we can say that bitcoin may up and down so if you are asking if it is stable then I will say that this is not stable. If you are asking about the security or the safe matters of investing on bitcoin then probably I can say that investing on bitcoin is really safe if you just know how bitcoin works and how the crypto market is going.

Bitcoin is not a stable currency, you can't expect that when volatile is the nature of it. But yes, Bitcoin is the most trusted coin ever and investing in Bitcoin always a wise decision. But I would suggest you wait for a while, there is a rumor that BTC price will go down to 8K USD or more down than that. So, wait for the dump and buy it at a lower price. Therefore you can split your investment to buy some other coins like ETH, LTC, LINK, XRP. Good luck with your crypto investment.

To be honest, $ 15K is an acceptable amount for investing, but I would like to say that despite there is a volatility in the whole market not just BTC, but it is pretty safe when you invest all your money just in the KING Bitcoin, and this is absolutely the right time for buying the best cryptocurrencies especially who are existed on the TOP 10 ,  the others are too risky even if they have a good potential.
Also, remember that patience is always the key of profit, possible after the halving the whole market will pump.

Don't thinking too much, you can make a decision to buy right now. But with one note you already understood what the characteristic of bitcoin price so you will not be supprised when its price going down a lot. In this situation you will be tested your capacity as an investor. If your target to investing your money was for profit then you make bew strategy to hold but if you just make a decision to invest in bitcoin and you didn't know it before then you will sell your investment at that time in a lose situation. Be carefull of it, you can make a strategy as much as possible.

as I wrote in the last post:


The price is currently at $9140. this can be a very bad time to buy bitcoin, you must wait if the price will break the $9500 and stay above $9500 to buy or you can wait and see if the price it will drop below $8700 and then wait to see if it will not drop below $7800 to buy

So, you are going to purchase more than 1 bitcoin to hold? Are you aware about the trading tricks and methods and also have you acquainted yourself with trading strategies and the chart patterns? You need to start learning few things before you could invest that huge amount of investment.

Money itself cannot gain you profits but you do need to use your brain in order to start having profits. BTC is a safe investment but from my point of view. You have to find your perspective of view on your own by studying with several patterns and charts. You also have to compare bitcoins from 1 day graph to 1 hour graph and maybe even 1 minute graph if you are considering to invest for smaller terms. If you want to invest for long term than you can find any good dip from 1 hour dip and get in.

Ultimately, this can be a very good step if nothing happens with a minus sign global for bitcoin, but you should always remember that you need to invest as much as you are willing to lose. No loans, only your money and as much as you can afford to lose.

Bitcoin never be stable, its price always move up and down without everyone know. So when you have intention to store all your saving money it could be worst, because you spend them didn't use the money that can afford to lose, you will not comfortable with it. That is the first reason that I thought here.

Although I could be say that bitcoin is promissing place to store money and even if we see the sentiment market right now I can be say bitcoin will give you high profitable. But you will face something that even we never be planned, decreasing price a lot other thing that you will lose your money it will be an issue.

If you’re serious about this one then I wont suggest to invest on bitcoin alone because you need to spread that money and consider many things before investing. Many says that bitcoin is the best investment right now, I also believe on this one but because of the volatility, you might lose your patience and money if you can’t control your emotion and if you see bitcoin from dumping. There’s no assurance for a good pump again with bitcoin, that’s a huge money for me so have a good decision and learn on the best way.

I will assume that you are just a newbie and you are thinking that Bitcoin is like a "SAFE HAVEN" for you.

One of the most popular quotes of every investor is that "Don't put your eggs in one basket". If you only have $15000 in savings and you want to invest it into Bitcoin, I suggest that don't put it all but just a small percentage. What can you do with the remaining? Its either invest it into other investments or just save it if you don't have any experience in investing. If you have experience then invest into different investments it will help you grow your money faster .

I said that bitcoin investment right now is risky considering that it's on pump right now and may dump anytime, but if you will consider long term trading then, it will be a good coin to earn! Just see the chart mate, chart never lie LOL


LOL, this is bitcoin what you are talking right here. long term=short term? Have you trade before? Long term trading is the safe considering that if you lose the trade you will just wait it to pump and claim your profit. If you think that long term trading is just equal to short term, I am thinking that you don't have any experience or idea what is trading mate.


Agree! but if you will lower the risk through the analyzing the market, I think you will get a better chance of winning your trade. There's a reason why trading is different to gambling  

long terms is just risk as short term because you will depend on the faith of the coins and you dont have an idea what will happen on that coin in the future but on short term you still have the time to sell when all fails  or when you suspect the coin will not go well  . im still confuse on what you said here , you said bitcoin is not good but eventually you said bitcoin is a good coin to earn   .   btc is really a good coin and there no doubt with it but like i said earlier , no one guarantees what can happen to it later on  .  while other coins are just plain bad from start  to finish .

If you want to do a long term investment then I can say it's safe! but if you just want to a quick money in investing then I will not recommend bitcoin. Bitcoin price right now is unpredictable, any time it could go to the moon or go down, so if you are not experience trader I am highly suggesting that, you should consider long term investing. Long term investing in bitcoin is a sure thing here, just look at the price chart, currently we are at the downtrend and I am thinking may be give it a year, or just wait for the bull run and take your profit. In bitcoin if you go long term I am sure you will get the profit that you wanted.

Investing $15000 would not be a small step. OP should surely look for some stable source of income if he wants to invest this huge amount. Investing this amount might make financial life of OP a bit unstable and he would need some stable source of income in order to get the financial life on track.

Bitcoins might surely give him immense profits, no doubt in that but OP might have to wait for some interval in order to see his coins growing in the markets where he could than make profits by selling some portion of his coins and again buying back on some dip. This method can make him earn a good and decent amount but it might even be a bit riskier as in these high volatile markets, we could never predict the exact price for bitcoins.

Is BTC safe?
It depends upon what type of safety are you looking for. If you meant the safety from theft then yes bitcoin is safest way of keeping your money. Just save your bitcoin on some hardware wallet or paper wallet and it's safer than anything in the world. If you meant financial safety then no, bitcoin is still immature and can dramatically rise or fall by even 90%.

Stable, well why would you like to invest in something which is stable? Stable investments are not investments, they are securities. This property is also not present in bitcoin at this time.

So if $15000 is not highly substantial for you, I mean if you can bare the fall in value by 20-30% at times then go ahead. Eventually you will get success.

If you want to invest something stable, bitcoin might not be the answer you are looking for. This is highly volatile asset and will be for a long time before we hit the stability. You can invest into it for speculative reasons if you think it's going up that's not guaranteed by anyone. Just because lot's of people think it's very likely that bitcoin is going up again it will always be your own call. But stability is something you should look from elsewhere.