Topic: Is buying three bitcoin worth it? (Read 773 times)
If you have money to buy bitcoin, I don’t think that you should give it a second thought. What happened to bitcoin recently was merely the market taking a turn. I believe in it and I am sure that there are many who do so too.
If we use Michael Saylor's Microstrategy as an example, they own 91,000 Bitcoin, he is not worried
about a possible loss, he doesnt see one.
about a possible loss, he doesnt see one.
They own now 105,000 Bitcoin if I am not wrong, as Michael announced a few hours ago that they have purchased more or less $500M.
Catching knives is not usually recommended in trading, I am curious about how this strategy will unfold in the future.
I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!10.0.0.0.1 192.168.1.254
in 2019 bitcoin only reached $ 10,000 in my opinion the price of bitcoin is big but in 2020 bitcoin rose to $ 20,000 and in 2021 $ 40,000 and once reached $ 80,000 although now the price has dropped drastically but this makes me believe bitcoin investment is very good for the long term
If only I have 90,000 dollars in wealth I might use it not for long term investment but I will use it for high risk but short term day trading. If you know how to read candlesticks, if you know how to read the charts, how to do technical analysis, and all other basic skills in trading then you should be able to get a decent profit in a few months. Waiting for $250,000 price of Bitcoin would take decades. Unless you really want decades to wait. So my take is just be careful in your decision as we are talking about a big amount of money here.
I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!10.0.0.0.1 192.168.1.254
Three bitcoins? That’s a really big amount. A lot of people are dying to even have one Bitcoin, and here you are, you can even afford to buy three, then you’re good to go. But you should have it in mind that if you’re investing in Bitcoin, the market doesn’t go up all the times. And you should have it in mind that it is possible that the market can take years before increasing again. All these influencers are always fond of making wild predictions whenever the market is like this.I saw one of them that predicted we will reach a price of over three hundred and fifty thousand dollars ($350,000+) before the year runs out. This is the month of June, and the price doesn’t seem to be making any reasonable that shows we will reach there. So if you’re investing, just invest because you want to invest, and not because of what people are saying. But be ready to hold for years.
How many amount of bitcoin, worth or not it is all depends on how much money you have. If want to buy 3 but that is all your money, it is not worth for the risk. Because price of bitcoin still unpredictable can be down or up. Basic thing in investment that we must know, to use only free money or money that not be used for daily needs or maybe urgent situation.
I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!10.0.0.0.1 192.168.1.254
Do not buy 3 Bitcoin with the majority of your savings, Bitcoin investment is the best investment that may make you rich, but this investment is full of risks, you have to invest with money that you can lose and you do not need it. I see that you need to learn more and understand the crypto market well, and then you can buy with a few thousand dollars, not 111 thousand dollars, this is a very huge amount. 
Buying 3 bitcoin is really worth it especially today that the market was really broken and dump, I can really say that it is really worth it to buy. But the thing is that we can just wait also if the bitcoin will continue to dump on the biggest dump ever so that we buying 3 bitcoin or even a 1 bitcoin will become really essential. For those who are planning to buy bitcoin then it is the perfect time for you guys to do it.
You should still be financially secured after investing that amount of money. 3BTC is huge money to risk.
It would be good as long as it doesn't give you uncertainty and anxiety that could be detrimental to your financial decisions.
Money can be psychologically manipulative. The best choice is to look for a financial advisor; 100k is no joke.
It would be good as long as it doesn't give you uncertainty and anxiety that could be detrimental to your financial decisions.
Money can be psychologically manipulative. The best choice is to look for a financial advisor; 100k is no joke.
Before saying it's going to be worth, try asking yourself if it's something that you could afford losing. If you don't know about risk management, then I suggest that do not go all-in on investing 3 BTC. You can't predict the market, especially that we are now in a bear season. For now it's like you buy the dip, but sell when it goes "dipper". However, if you don't care about the price movement and thinking about long-term, then it's your choice and go ahead. After all, it's your money, and you are 100% responsible on whatever the result of your 3 BTC is.
If you can hold it for long term then it will be worth to buy such amount of bitcoin.. As the matter of fact i saw some successful hodler and they realy made huge profits because of bitcoin, so for sure you can do that also but remember to always keep updated so that you don't miss the opportunity to buy or to sell in the right time if you already achieved your targer number.. Because it's a difficult way to let it grow because there's a bullish and the same time you can't decide when to sell.. Always mark a target and keep updated to some news so that you can easily dump when needed.
Yes it is worth it you just need to wait for it to go up again to gain profit or you could wait for the price to drop lower than it is right now before entering to have higher profit in the future.
I believe that we would see it fly again in the future maybe wait for couple of years again for it to happen.
I believe that we would see it fly again in the future maybe wait for couple of years again for it to happen.
I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!10.0.0.0.1 192.168.1.254
If you think that the price will drop 250k in 2022 then that is not worth buying. If this is the time you will buy bitcoin then don't buy it. I think it is better to earn it in some ways now than to buy, but if you are a short time holder then maybe you can still earn with it, just always look at the price and then if you think you already gain profit then encash it then try to not encash all of it. Try to maintain what is your investment and just withdraw what you have earned.
It will take longer to get to 250k than you think.
If the crypto is what you want to invest in, I would suggest investing Ether. But that's just me. Other might think otherwise.
If the crypto is what you want to invest in, I would suggest investing Ether. But that's just me. Other might think otherwise.
I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!10.0.0.0.1 192.168.1.254
You're lucky that you can afford to buy three btc unlike us that even one btc is really difficult to accumulate. But before making decision be sure that you know about bitcoin or about something that you want to invest because investing is risky and need knowledge.
The rule of buying bitcoin that was there back then when price was trading below 10 thousand was to get not less than 21 bitcoins. But since price has soared in these few years 3bitcoins is okay but if you can get more then that would be a good idea, just don't invest so much emotion into this has price could go the other way which could be depressing for some hodlers.
you invest over a hundred thousand dollar but after 6 months you can double it . what do you think of that ? well for me i think that was super legit . you waited
not too short and not too long and the profit that you get is not too low and not too high .
others are promising that you can earn high return in just a short amount of time . that was obviously a scam and there are legit investment but it take a long year to earn tiny profits
not too short and not too long and the profit that you get is not too low and not too high .
others are promising that you can earn high return in just a short amount of time . that was obviously a scam and there are legit investment but it take a long year to earn tiny profits
There is something that you must take into account, first that BTC is volatile, that at any moment it can fall a lot or it can also rise a lot, it is not known because it is difficult to predict a price, in fact there is a theory with a technical and fundamental basis, which did PlanB, is the S2F model that, is a model that has the perfect explanation of the movement of BTC, it is very accepted by most of the people, in fact, it is not an indicator like those found in tradingview this model has expiration, and it is best of all is that this year or possibly next year, BTC is expected to reach $100k and its next goal is $288k, nothing else with that I think if it is worth investing even in 1BTC and wait as long as necessary .
I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!10.0.0.0.1 192.168.1.254
Invest what you could afford to lose don't put everything on it even if most of us believe that it is a good one there is still a risk or a chance that it could go wrong.So be careful on your investment but it is worth it the only thing you should consider is the risk and proper management of your funds.
Three bitcoin is a huge amount of money already. If I were to recieve such huge amount of bitcoin, I wouldn't waste it anymore on something that would make me consume it without gaining anything back. But for me, it is not ideal anymore to buy at such value. I think it is just a waste if you will buy three bitcoin with this high value, but if you were able to make it in time where the value is still low, then you should buy as much as you can and for certain, it will be worth it and everything will pay back for you sooner or later.
If you plan to buy three bitcoin with the current price, it's definitely a big amount of money, yet you are still not sure when are you going to make huge returns. Try to wait for another dump where bitcoin price will be more cheaper and then grab the opportunity to buy bitcoin as much as you can.Your idea is not really wrong but since crypto investment is full of uncertainties, just invest on the amount you can afford to lose. You are risking your savinga here so make sure to spend it more wisely.
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