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Topic: Investing in BTC, ETH , BCH or XRP - page 2. (Read 876 times)

legendary
Activity: 3472
Merit: 10611
November 06, 2017, 11:37:22 PM
#13
So I am planning on putting 25,000 USD to Buy cryptocurrencies  to hold for long term. Is it a bad time to invest in those crypto-currencies?
if its right time, whats your suggestion ?
in crypto-currencies? yes
in bitcoin? no.
since you want a long term investment then invest all of it in bitcoin. you can buy slowly not all at  once. buy the dips for example.
the time is always right to buy bitcoin and hold for long term.

Quote
Buy bitcoin / ethereum / Bitcoin Cash / Ripple ? mixed or just one? how much of each ?
you said you want long term so only bitcoin.
all the rest are good/excellent investments for short term or in other words if you are a trader. if you look at their histories, they get pumped in a month or less then it is all downhill from there. so you may buy now, they get pumped 3x and since you are holding long term they come down in next 6 months and in a year the price will be lower than what you bought again and you lose money.

Quote
is it good to wait until bitcoin fork ( 15 november ) or not ?
hard to say. it can go both ways. you can wait for a dip and buy some now, wait for another dip and buy some more and wait for the fork and the possible dip and buy some more until you are out of money and then hold.
hero member
Activity: 2282
Merit: 505
November 06, 2017, 09:03:41 PM
#12
So I am planning on putting 25,000 USD to Buy cryptocurrencies  to hold for long term. Is it a bad time to invest in those crypto-currencies?

if its right time, whats your suggestion ? Buy bitcoin / ethereum / Bitcoin Cash / Ripple ? mixed or just one? how much of each ?

is it good to wait until bitcoin fork ( 15 november ) or not ?

i remember the time i had 100 BTC and i sell them just 30,000 USD, i dont want to lose the next chance, so i need to invest

It is good, as long as if you are believe there will be a correction after the bitcion fork. But in my speculation if that was actually true. But to buy the bitcoin will become an important reason for the majority of the crypto users caused by we will be getting the b2x coin from the segwit2x hardfork. You will get free money and you will be able to increase your portfolio amount.
Sorry for your loses to sold all of your bitcoin @$300 for each.
full member
Activity: 196
Merit: 122
November 06, 2017, 08:07:58 PM
#11
So I am planning on putting 25,000 USD to Buy cryptocurrencies  to hold for long term. Is it a bad time to invest in those crypto-currencies?

if its right time, whats your suggestion ? Buy bitcoin / ethereum / Bitcoin Cash / Ripple ? mixed or just one? how much of each ?

is it good to wait until bitcoin fork ( 15 november ) or not ?

i remember the time i had 100 BTC and i sell them just 30,000 USD, i dont want to lose the next chance, so i need to invest

Your choices is great, i recommend that put much higher capital in bitcoin because it can be used like as fiat and you can easily withdraw if you need money for emergency cases. And then divided it to remain coin you want to invest i am sure you will get good profit in the future.
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
November 06, 2017, 07:22:50 PM
#10
Here's how I see it:
  • An investment in BTC is (right now) a bet that transaction scaling can be solved mostly off-chain, and/or a bet on the power of network effects (more likely to be adopted?) and mature code (less buggy?).
  • An investment in BCH, by comparison, is a bet that transaction scaling can be solved mostly on-chain, but that Segwit2x will fail.
  • An investment in ETH is a bet on Proof of Stake (by way of Casper), and/or on smart contracts.
  • An investment in XRP is a bet that major stakeholders can be prevented from flagrantly misbehaving by social - rather than technical - pressures. (Ripple's double-spend protection works based on individually-curated "these stakeholders wouldn't collaborate to defraud me" whitelists.)
   
I think energy scarcity and global warming mean the coin of the future will have to be Proof of Stake, one way or another, and smart contracts have always excited me. So I like ETH as a long-term bet.

But I also like BTC's first-mover advantage.

Your priorities, and your beliefs about the outcome of those "bets", may be different from my own. Smiley

is it good to wait until bitcoin fork ( 15 november ) or not ?
If you are going to buy into BTC, I would recommend getting in before the fork, mainly so that you don't have to guess whether Segwit2x will be adopted or not; you'll get your coins' value either way.
full member
Activity: 714
Merit: 100
November 06, 2017, 07:20:30 PM
#9
So I am planning on putting 25,000 USD to Buy cryptocurrencies  to hold for long term. Is it a bad time to invest in those crypto-currencies?

if its right time, whats your suggestion ? Buy bitcoin / ethereum / Bitcoin Cash / Ripple ? mixed or just one? how much of each ?

is it good to wait until bitcoin fork ( 15 november ) or not ?

i remember the time i had 100 BTC and i sell them just 30,000 USD, i dont want to lose the next chance, so i need to invest


id say that its better to buy altcoins now such as bitcoin cash, etherium, ripple because they are pretty cheap these days but dont buy bitcoin yet rather wait for it until the fork subsided for a possible dip then buy if there a significant price drop. its better  if you can mixed or dived your capital to each of them for a better profit. dont put your eggs on one basket to avoid lossing it all in a single wrong move.
legendary
Activity: 3206
Merit: 1348
November 06, 2017, 06:50:22 PM
#8
Nobody can tell you what to do definitively. But what we can advise is to spread your funds over multiple investments. It’s better to play safe unless you’re solely opting for higher gains which involves higher risk.
sr. member
Activity: 280
Merit: 250
November 06, 2017, 06:29:19 PM
#7
The best thing you can do is just try to use that money only to buy bitcoins, that is the best desicion that you can make at the moment. It has been prooved that bitcoin has been the only one who rised a lot during the last few months, and you can check it by yourself.
It was below $600 at the beggining of this year, and now it is between $6900 and $7000 each bitcoin, isn't it very crazy? buy as much as you can, it will go up by a lot of money as soon as possible.
member
Activity: 121
Merit: 10
November 06, 2017, 02:21:57 PM
#6
So I am planning on putting 25,000 USD to Buy cryptocurrencies  to hold for long term. Is it a bad time to invest in those crypto-currencies?

if its right time, whats your suggestion ? Buy bitcoin / ethereum / Bitcoin Cash / Ripple ? mixed or just one? how much of each ?

is it good to wait until bitcoin fork ( 15 november ) or not ?

i remember the time i had 100 BTC and i sell them just 30,000 USD, i dont want to lose the next chance, so i need to invest

You might be able to buy bitcoin after the fork at discounted rate, so yeah wait until the fork(i want to buy some too after the fork Smiley). also buy only BTC and ETH, stay away from BCH/ripple(just my suggestion).

Why not buy now at incoming bottom and wait till you get segwit2x coins, then dump segwit2x to buy more btc
legendary
Activity: 1400
Merit: 1009
November 06, 2017, 02:17:36 PM
#5
So I am planning on putting 25,000 USD to Buy cryptocurrencies  to hold for long term. Is it a bad time to invest in those crypto-currencies?

if its right time, whats your suggestion ? Buy bitcoin / ethereum / Bitcoin Cash / Ripple ? mixed or just one? how much of each ?

is it good to wait until bitcoin fork ( 15 november ) or not ?

i remember the time i had 100 BTC and i sell them just 30,000 USD, i dont want to lose the next chance, so i need to invest

You might be able to buy bitcoin after the fork at discounted rate, so yeah wait until the fork(i want to buy some too after the fork Smiley). also buy only BTC and ETH, stay away from BCH/ripple(just my suggestion).
legendary
Activity: 1414
Merit: 1039
November 06, 2017, 01:22:32 PM
#4
So I am planning on putting 25,000 USD to Buy cryptocurrencies  to hold for long term. Is it a bad time to invest in those crypto-currencies?

if its right time, whats your suggestion ? Buy bitcoin / ethereum / Bitcoin Cash / Ripple ? mixed or just one? how much of each ?

is it good to wait until bitcoin fork ( 15 november ) or not ?

i remember the time i had 100 BTC and i sell them just 30,000 USD, i dont want to lose the next chance, so i need to invest


You're probably best of waiting after the fork. Many people here and others on other forums are predicting a small crash after the fork, just as we saw with BTG. Now, don't take my word as truth -- It's a suggestion that I will probably follow as well.

Bitcoin's rise is similar to a bubble (at least for the time leading up to this fork). People are buying in order to get more of that forked coin. Keep this in mind when you purchase!
full member
Activity: 658
Merit: 152
November 06, 2017, 01:08:19 PM
#3
Bitcoin will bring youthe most profit from all those coins, but it is expansive to buy now. If you would be on your place I would share my money between all those coins. The remining one really cost not so much now and you easily can buy big amount of coins, which are also popular nowadays and can bring you good profit in the future, but I would more say that it is long term investment.
full member
Activity: 173
Merit: 108
November 06, 2017, 12:56:37 PM
#2
its always a good time to get into crypto in the long term. A mixed portfolio is always better then one investment, it may reduce returns but it decreases risk. For BTC I would wait for the fork and watch the trend after that.
newbie
Activity: 15
Merit: 0
November 06, 2017, 12:54:20 PM
#1
So I am planning on putting 25,000 USD to Buy cryptocurrencies  to hold for long term. Is it a bad time to invest in those crypto-currencies?

if its right time, whats your suggestion ? Buy bitcoin / ethereum / Bitcoin Cash / Ripple ? mixed or just one? how much of each ?

is it good to wait until bitcoin fork ( 15 november ) or not ?

i remember the time i had 100 BTC and i sell them just 30,000 USD, i dont want to lose the next chance, so i need to invest
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