Invest Crypto - page 6. | Bitcointalksearch.org

Rengga Jati

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Quote from: pooya87 on February 02, 2020, 10:49:16 PM

good explanation before this but terrible advice here. you should never choose stablecoins or use them unless you have absolutely not other option. -snip-

I understand what you mean, buddy. If you read carefully what I wrote above, I was not in the position to advise him choosing stablecoins. I just try to make him aware that holding stablecoins won't be worth. And guide him to choose other options, coins with volatility like Bitcoin.

Quote from: Rengga Jati on February 02, 2020, 06:50:04 PM

-snip- You know that invest in a coin with stable price won't make you get big profits, volatility creates potential high profits.

gundala

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Quote from: smith morgan on February 02, 2020, 05:03:03 AM

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?

That's a big fund, are you sure and ready to face all the risks? The cryptocurrency market is very dynamic, you should always look at market movements so that you are not trapped in losses and can determine the appropriate action on your coins or tokens. There are lots of temptations, FOMO, FUD, media propaganda, you have to really understand the cryptocurrency ecosystem in order to overcome that. It's better to share the money, 50:50, just try a small portion so you don't lose too much if your strategy doesn't work.

XCANA

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Quote from: smith morgan on February 02, 2020, 05:03:03 AM

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?

Never you rush into bitcoin for investment, many have lost their savings for just jumping into bitcoin investment. I will personally advise you not to invest in bitcoin with the aim of get rich soon. The best investment in bitcoin which have been proven is that of the; long-term investment. If you are ready to invest such a huge amount in bitcoin, then you will be ready to make future wealth.

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Quote from: plvbob0070 on February 03, 2020, 08:32:28 AM

Quote from: smith morgan on February 02, 2020, 05:03:03 AM

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?

Investing in bitcoin is worth it but you should look to other cryptocurrencies because there's also an opportunity to earn a profit. As a matter of fact, bitcoin is not a stable cryptocurrency unlike with USDT that stable at the price of 1$. I want to suggest that you try to separate your money into different cryptocurrencies and do not put all your money in bitcoin. Don't forget to make a research about different cryptocurrencies where you will invest your money and at this time I can say it's quite good if you going to enter now because we are in the way of reaching the 10,000$. But, it still up to you if going to invest now and do not ever fall into scam investment.

Bitcoin is indeed a good investment, I can really say that confidently because I have seen many people who gain a lot of profit in investing. There are actually lots of ways to earn crypto not only investing. This is actually the best time to invest since the market is recovering as long as bitcoin, just look at the value as of now it is rising and continue rising. We are all hoping that it will continue so that the token we bought and especially bitcoin we are holding can pump up also. Investing your money in bitcoin is such a good decision, but in order to earn money, you must have patience and eagerness to earn so that even if the market experienced downfall, you have the patience to wait for the right time that the market will recover.

chennappa121

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First and foremost you should get the good knowledge about crypto currencies well because there are high risk chances in crypto market then you don't ask any advice with anyone it is not safe for your investment if something goes wrong. It's your hard earned money if you invest for long term in bitcoin it will be safe in my view point for your future . Decision is left for you

TheGreatPython

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Quote from: smith morgan on February 02, 2020, 05:03:03 AM

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?

To me, this is coming late, but you can still give it a try. Where were you when Bitcoin was at its lowest state?
In 2019 Bitcoin dropped to a very low price, around $3,000 and $4,000, unless you were not part of the community then.

You can still give it a try if you can risk that amount. It’s all about being able to take the risk. There have been a lot of predictions that the price will go up after the next halving, maybe you should give it a try and see if there would be an increase as they said. I have been holding my coins for quite some time now and I’m hoping there will be an increase.

Gozie51

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Quote from: smith morgan on February 02, 2020, 05:03:03 AM

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 think that btc is the safest cryptocurrency to invest in and if at the moment you are contemplating on such to invest, it will be a better time for that. The price is yet to go into 5 digit and halving is on the way, so being a hodler now won't hurt you but do you good before December.

ohyeahhaha122

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actually I think now is not a good time to enter, bitcoin has been strong for many days but has not adjusted much, but if you are a good holder all the time is a good time, 15000$ you should invest in bitcoin about 80%, 20% altcoins because they can bring big profits, should only invest in altcoin top

julius caesar

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Quote from: smith morgan on February 02, 2020, 05:03:03 AM

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?

There are a lot of thing that you should consider first before investing. You will release a big amount of money so you better come think of it first. Analyze when you will be needing this money. Bitcoin is a long term investment. It is also volatile. You need to wait for a long time and a perfect timing before you gain income into it.

scuj_cero

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If this is your all investment-money, then you shouldn't put all $15k into Bitcoin, or even into cryptocurrencies. It's best to keep your assets differentiated on few markets. Consider the fact, that if whole cryptocurrency market will fall down tomorrow, you'll lose all your money. Don't fully rely on directings said by anyone but yourself, you decide whether it's a right moment to invest. If you don't know what is the right moment, then you should educate yourself more and more and more - learn whole time as much as you can before you invest in something.

joeperry

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Try considering to learn at least how to enter a market before investing to cryptocurrency it would be a great help for you to maximize your profit, Next thing, There's no such thing as stable market in cryptocurrency industry all of the cryptocurrency are volatile due to the decentralized feature of every exchange market so it's better that you should study how to enter the market since you might invest at the peak of the market run (Which is bad)

plvbob0070

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Quote from: smith morgan on February 02, 2020, 05:03:03 AM

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?

Investing in bitcoin is worth it but you should look to other cryptocurrencies because there's also an opportunity to earn a profit. As a matter of fact, bitcoin is not a stable cryptocurrency unlike with USDT that stable at the price of 1$. I want to suggest that you try to separate your money into different cryptocurrencies and do not put all your money in bitcoin. Don't forget to make a research about different cryptocurrencies where you will invest your money and at this time I can say it's quite good if you going to enter now because we are in the way of reaching the 10,000$. But, it still up to you if going to invest now and do not ever fall into scam investment.

mahilchii

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I would suggest you to think about taking risk apart from that do you own research so that you can have a clear knowledge before investing be ready to face the challenges. Believe me this is not just about the luck it all about the time, situation can go either any side of this... Do invest directly because 15k is a big margin, just have a look on other coins and invest partly to be in a safer zone. Because crypto is volatile and you cannot expect the stability everytime.

maxreish

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Quote from: smith morgan on February 02, 2020, 05:03:03 AM

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?

Rather than asking us if it would be nice.
Ask yourself, "Am I ready for the consequences? Am I ready to gain or to lose?"
And if you think, you are confident enough to enter bitcoin trading. Go invest and buy bitcoin. There is no guaranteed that this time is a safe time for investment. But if you can patiently wait and will not be panic whenever the price will decrease, go proceed and have a courage.

Anyway, a piece of advice. If there is even a tiny doubt on your mind, i dont think you are ready to invest all your $15,000 to bitcoin.

pooya87

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Quote from: Rengga Jati on February 02, 2020, 06:50:04 PM

If you need a coin with stable value, just pick stablecoins (USDT or USDC).

good explanation before this but terrible advice here.
you should never choose stablecoins or use them unless you have absolutely not other option. in other words if you want something with stable value then use fiat, convert your bitcoin to US dollar for example.
stable coins are centralized and depend heavily on their shady companies to stay alive. Tether in this case is not safe even if it remains stable just all the years it has existed because Bitfinex is shady.

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Quote from: smith morgan on February 02, 2020, 05:03:03 AM

Is BTC safe and stable at this point and this time?

Come on now. You can literally take a look at the charts right now and see for yourself. If you're THAT lazy that you're not even willing to lookup it's current and past prices, investing is probably not for you. That's just next-level laziness.

Quote from: ?? on ??

split it up, 50/50 into bitcoin and ethereum

^and don't listen to this guy.

Sadlife

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Investing is always a wise choice instead of a stagnant savings without any growth that your keeping in a bank that might have some strict rules about using it and cashing out.
About the bitcoin price, its never stable but if you look at its past price history you could see an insane amount of gains. So investing for a long term could be profitable not short term cause i can tell you plan on investing and cashing out once you've made profit, but there are scenario's that the price might dump, so there's a chance that you might sell due to panic. So long term investment is very much recommended for newbies.

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if I invest in the long term I think it's safe, or if we don't see bitcoin grow now, and I don't think you'll be profitable soon, you just have a target to sell at what price. but before investing you must prepare mentally, because we know crypto is volatile

Rengga Jati

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Quote from: smith morgan on February 02, 2020, 05:03:03 AM

I am really thinking about investing over $15000 of my savings into Bitcoin. -snip-

A. Know the basic things
If you are a beginner, before you decide to invest in BTC, I have some basic questions.
- How long you know Bitcoin investment?
- Have you learned about it very well?
- Have you understood how the crypto market works?
- Have you known the strategy on crypto investment?
You must do all the steps above and answer them properly. That will be helpful to make you realize about Bitcoin investment and don't invest blindly.

B. Start with a correct way
Never invest greedily, you are better to do it gradually. Don't directly invest all the money, just invest some firstly, better to start with small amount. You need to have experience and know about how it works. Once you have been familiar with that, you can consider buying more Bitcoin.

Quote from: smith morgan on February 02, 2020, 05:03:03 AM

-snip- Is BTC safe and stable at this point and this time?

Yes. As far as I understand, Bitcoin is the safest crypto asset. But you must be aware that the value won't be stable, it always fluctuates. If you need a coin with stable value, just pick stablecoins (USDT or USDC). You know that invest in a coin with stable price won't make you get big profits, volatility creates potential high profits.

passwordnow

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It is wise if you will invest only first the spare that you have. For a beginner that's asking questions like this, I will not tell them to invest the entire savings that they have. Understand it first that bitcoin is risky, it's a volatile asset that you need to reconsider it first before putting your all in it. But if you have already made up your mind and you completely understand the risk that it has and is now willing to invest with that amount, think of what price you'll aiming to achieve but of course the realistic ones.

Topic: Invest Crypto - page 6. (Read 1889 times)