Investing in bitcoin is literally just like savings, it could be any amount as much as you can afford but small amounts may take longer time to earn you profits.
Assume that you invest £50 right now in bitcoin at the market price of $600/bitcoin, now when bitcoin rise up to $12000, your investment gets doubled to £100.
Topic: Investment amount - page 24. (Read 3675 times)
My personal opinion: the total amount of crypto assets within your portfolio should not exceed 10% of your total assets while constantly rebalancing.
Solid Stock/Bond Portfolios should be the core of every portfolio and cryptos are a nice satalitte indeed!
Solid Stock/Bond Portfolios should be the core of every portfolio and cryptos are a nice satalitte indeed!
It really depends to you. In my opinion it is better to have your investment be diversified. If you are focusing in cryptocurrencies then try other main cryptocurrencies like altcoins. Or ICO if you are risky. But if not, you can diversify to stocks or real estates or bonds as well.
Only ONE way.
Everyone MUST follow the standard rules for every financial investments.
But, as someone already wrote it is needed to take in count that crypto currencies are very high risk investment.
Everyone MUST follow the standard rules for every financial investments.
But, as someone already wrote it is needed to take in count that crypto currencies are very high risk investment.
I guess we will be only the ones who will talk here as the thread starter already left it.
It is true that it is high risk and what others dont see is as the price goes high the needed amount which basically most trading site want is .01 bitcoin if I am not mistaken.
In ETH most preferred .1 ETH which is growing in value.
So the $100 will only just give a little amount which wiill not be sufficient to be accepted by trading websites.
How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
Would 300 be a more realistic start
It depends on you. How much money can you risk for an investment? No matter how big or small you invest into something, there is always a risk. If you can't take the risk then start with a small amount of money, but always remember that the riskier it is the more you will earn from it. So yeah, the decision is all yours anyway.
How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
Would 300 be a more realistic start
It depends on you. How much money can you risk for an investment? No matter how big or small you invest into something, there is always a risk. If you can't take the risk then start with a small amount of money, but always remember that the riskier it is the more you will earn from it. So yeah, the decision is all yours anyway.
How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
Would 300 be a more realistic start
It depends on you. How much money can you risk for an investment? No matter how big or small you invest into something, there is always a risk. If you can't take the risk then start with a small amount of money, but always remember that the riskier it is the more you will earn from it. So yeah, the decision is all yours anyway.
Only ONE way.
Everyone MUST follow the standard rules for every financial investments.
But, as someone already wrote it is needed to take in count that crypto currencies are very high risk investment.
Everyone MUST follow the standard rules for every financial investments.
But, as someone already wrote it is needed to take in count that crypto currencies are very high risk investment.
Just invest what you can afford even if it only 10. Sometimes it better to opt for smaller amounts just watch the market trends buy when it dips so you get a little more. Maybe think of buying some of the other coins out there price won't go up or down as much as bitcoin but you can still profit of them too.
You are RIGHT.
I am totally agree with you.
These are the rules of general investments.
I am totally agree with you.
These are the rules of general investments.
Two golden rule of investing that you should always follow:
1) Never invest money you cannot afford to lose. Investing is not saving.
2) Never keep all your eggs in one basket. Spread as much as you can.
1) Never invest money you cannot afford to lose. Investing is not saving.
2) Never keep all your eggs in one basket. Spread as much as you can.
if you want to invest must have a capital large enough so that when the project running smoothly you can earn double Moreover, if only takes a few months for waiting for him be increasingly make happiness own for investor.but risk sudden appears may trip a project too long and content distribution not running smoothly.
We all hate to lose money, so it's perfectly normal that you feel the need to be cautious with your investment amount. But although you will always feel bad if you end up losing your investment, you must be sure that if it happen it will not harm you in any other way (like affecting your finances or your family finances, etc).
Ask yourself how much you can lose and still say to yourself, that although you feel bad, no real harm was done to your life.
Normally experts suggest that since crypto is very volatile, you should aim for 5% to 10% of your income.
Ask yourself how much you can lose and still say to yourself, that although you feel bad, no real harm was done to your life.
Normally experts suggest that since crypto is very volatile, you should aim for 5% to 10% of your income.
They say that just invest the amount that you can afford to lose. For me $100 is my initial amount investment to buy bitcoin. And then when there is a time that a have enough funds to buy again, I allocated $100 once more. I like this way because I don't have big money to put like 1 bitcoin to buy. At least in small portions, it will be just a matter of time because you realized that you have accumulated so much in just short amount of time. If you can get $200 every week much better or even more.
MAIN Rule: is like a game
think for an amount of money that you have to consider LOST
think for an amount of money that you have to consider LOST
£50 amount is a good start for investing. For newbies that can't afford to make it more that's a realistic and good amount to invest.
And if that amount will grow, it's a good one but if you are still trying to know more about it then that's a good amount to lose because you can avail to have that again.
Well if you think that 300 is a realistic start, do it at your own risk.
And if that amount will grow, it's a good one but if you are still trying to know more about it then that's a good amount to lose because you can avail to have that again.
Well if you think that 300 is a realistic start, do it at your own risk.
How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
The first amount i invested in an altcoin is around $100, i dont earn that much in my first investment since i dont know what are the good altcoins during that time and my plan that time is to study first how trading should be properly done in order to earn big income. Would 300 be a more realistic start
How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
It's fee ally up to the one who invest. First is, start small. But we have different description about how small is small. Example $500 might be small amount to a rich man but already a big amount for me. So might as well weigh it to yourself. Just invest an amount that you can afford to loose. Would 300 be a more realistic start
If we talk about the amount I think it is relative because the capabilities of each person's capital and how to regulate the capital depend on each of them, if they are good at managing tak-tik and strategy even with small capital it is not impossible they can get the profit big.
I want to say that you are right because the bitcoin value and the income will be very high in the coming time, I hold the bitcoin and it is not very important to buy the large amount of the bitcoin and the value will be more than this if I will buy high but it is not important to buy all I can take a start from the small investment and then I will start to increase the value more and more. How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
Would 300 be a more realistic start
If I would be Bill Gates, I won't be giving shit for 50 or 500 Euros.
So it wholly depends upon the financial position of an individual. So if you are planning to invest in soft investments like shares of blue chip companies or Bank investments, you can go for 30-50% of your total net worth into investment.
But if you planning to invest in high risk industries like cryptocurrencies or penny stocks, better invest only that which you could afford to loss.
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