Topic: Is buying three bitcoin worth it? - page 2. (Read 773 times)
If you basically knowledgeable and have further understanding about Bitcoin itself, then you can easily have an answer into that inquiry of yours because having such can already make you understand how valuable Bitcoin is that is making many people wanting to acquire or possess even a small part of it or achieve a goal of having at least one whole piece of it for their own sake. Buying three Bitcoin will be worthy and that's for sure. Just be sure to have a good entrance for you be able to be gaining profit in the long run for there are still possibilities that it get dump after your purchase but knowing Bitcoin, it do always regain from loss and get back into possession
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.
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
Investing in bitcoin is always profitable you just have to wait for the right time, buy when bitcoin dump and reached their lowest price now bitcoin is almost at their lowest price so buy bitcoin as many as you can afford to loose. Bitcoin will make new records in 2022, the predicted price for the end of 2022 is 350k according to some analysts. By the end of 2021 bitcoin will cross 100k$.
Seriously you buying just three bitcoin really worth it. Just think about it what if you have bought 3 bitcoin 10 years or 5 years ago with your life savings do you know you will have been very rich and you will know it really worth buying. Currently bitcoin price is still very low and I believe if you can buy 3 and hold I believe in the nearest future you will have make serious profit already. You buying 3 bitcoin really worth it and if you don't buy now I believe in the future you will definitely regret why you did not buy it now.
Why don't you just settle for 1 btc if you are not sure the risk is worth it, asking here for opinion is not the right thing imo because you will probably get no direct answer,
Right now many people treat btc as an asset than a means of transaction, since you fall in this category and want to make profit out of your investment and at the same time cautions of the risk involve, I suggest you reduce the amount from 3 to 1, if btc ever get to that target price you won't miss out completely and also manage your risk. But if your are ready to take risk then go for it.
Right now many people treat btc as an asset than a means of transaction, since you fall in this category and want to make profit out of your investment and at the same time cautions of the risk involve, I suggest you reduce the amount from 3 to 1, if btc ever get to that target price you won't miss out completely and also manage your risk. But if your are ready to take risk then go for it.
Don't take the risk if you're not willing to face the consequences in the future. You should know that crypto is too volatile and the price is unpredictable so you couldn't count the exact profit that you might gain in the future because no one knows its future price. Just invest what you could afford to lose after knowing everything about Bitcoin. You better be sure about your decisions so you wouldn't have regrets in the future.
No, you should not spend all your money on Bitcoin. I would strongly consider you read my write up here before making any decisions (I’m a financial advisor) - https://bitcointalksearch.org/topic/m.55577767
Yes, this time is the good time to buy more bitcoin, 3 bitcoin is already huge enough of money, you will gain so much money if the prediction of 250k in 2022 will happen, even though it wont happen just keep hodling, always look for the long term to have more income, the year 2024 will be the best year I think as it is the halving again which will make bitcoin to the moon again.
You are right with the price being corrected very deeply, is an opportunity to buy and hold it. actually if you want to buy bitcoin at any time it's the same as long as it's not after reaching ATH. because the price of bitcoin is clear when the halving period that occurs once every 4 years can certainly increase from when you buy, because renewable ATH will be formed.I don't and haven't thought about prices in 2022 like you said, what we are waiting for is a halving effect which this year should occur at the end of 2021 which will obviously make renewable ATH prices which are also fantastic. let bitcoin is currently stable and waiting for the momentum to be able to rise gradually towards the previous ATH.
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
^ It seems like you are posted here the IP addresses right? It seems familiar with this.By the way, let us processed your question. Investment in BTC is not predictable if you will earn that amount in just certain days, it could be months or years as long as you will see that your profit was there and you are fine cutting your profit on that time and quick sell, but again, there is no time frame for that. You should learn how to wait for a perfect time of selling so that you will earn at your target amount.
This is hard to give an investment advice because no one can precisely predict the market few years from now.
Of course, there will be a lot of suggestions but at the end of the day, it is you who can finally decide on what to do with your money.
But if I have that money, I will invest first in real-estate as I know, even if the market is down, I know I have that property.
Whereas, if you will put that all in crypto, you have no assurance that you can get the profits let alone get it back.
If your goal is to buy bitcoin at current price then hold to make profit when you dump it at a future price (eg. the guesstimate at $250k) then the answer is no it is not worth it. Bitcoin is not created to be bought and held for profit making.
I find it very difficult to believe that people keep to this belief in reality because a lot of us are in Bitcoin for the gains (no matter how hard we deny it). If you doubt this, just check the traffic here whenever there's a bear run. You would've observed how near empty and dry this place becomes. Even though created as a payment option, Bitcoin has easily become a tradable asset for profiteering.Rule 1 of investing: Don't invest in anything you do not understand.
This is highly valid and apt! May I also add for OP to read: Don't invest what you can't afford to lose. 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
^ It seems like you are posted here the IP addresses right? It seems familiar with this.By the way, let us processed your question. Investment in BTC is not predictable if you will earn that amount in just certain days, it could be months or years as long as you will see that your profit was there and you are fine cutting your profit on that time and quick sell, but again, there is no time frame for that. You should learn how to wait for a perfect time of selling so that you will earn at your target amount.
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
The market is unpredictable, nobody here can guarantee bitcoin will hit 250,000$ in 2022. There are all the kinds of predictions around and we only know which of them is right when the time comes. If you want to invest in bitcoin you need to take the risks by yourself. The only thing we know is that there is a very good chance bitcoin will skyrocket to higher price levels on long run.However, we don't know exactly how long this long run takes: it can be a year, few years, a decade... So a bitcoin investor must be prepared to hold his coins for a long period of time, if necessary. Since you are going to put a majority part of your savings into btc, I think it's not a good idea, because you might need this money before bitcoin achieves the mark you are looking for.
Start investing in bitcoin, of course nobody should waste the chance, just don't start investing so high like that. Good luck!
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
I guess it would be worth it investing theoretically since the market price will be higher for sure in the coming years and the 200k$ price is significantly higher than what the market price today is.
But the risk is still there so I cannot recommend investing a big amount of money especially if you cannot afford to lose it, the best thing to do is just invest your extra money not investing something like your saving or emergency funds.
Because you could just end up selling your bitcoin along the way if you urgently need money for an emergency so that just means selling it at a lower price in the market, I guess try other altcoins in the market if your target is profit since you could pretty much earn a lot higher if you invest in altcoins.
I will advise, you invest the amount you can lose. Because, Bitcoin is an unsable coin, the price rises and falls. It also involve risk. Although, investing in Bitcoin is a nice idea, but don't put all your money in it.
Always been the golden rule in crypto;"Invest on the amount that you can afford to lose"
Dont go all in and dont expect that you would really be making guaranteed profits because market is always unpredictable.
If you do seem that 3 bitcoin worth it then go ahead as long it wont be hurting your finances then it should be fine but if
this one is came from your life savings then better not proceed because you would just be putting yourself into trouble.
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
I will advise, you invest the amount you can afford to lose because, Bitcoin is an unstable coin and fluctuate unexpectedly, the price rises and falls in a way you may not think about, Investments also involves risk so you have to manage your risk wisely. Although, investing in Bitcoin is a nice idea, but don't put all your money in it. ~
This. I guess many of these "people" just tend to based their speculation from the past news or patterns, but surely they should have known before speculating that price of Bitcoin is unstable in the first place anyway.ikr.
Learn about Bitcoin and crypto first. What are they? How they work? Uses? Start with the basic things and then move your level up. If you are thinking of holding on to Bitcoin for a long time then I would suggest invest in parts. Don't invest everything at once, you might get lucky.
And don't invest what you're not afford to lose.
And don't invest what you're not afford to lose.
TBH, it’s best to accumulate part by part as there is a possibility of small bear market because of the upcoming death cross. Like others said, only invest those funds which we can afford to lose. But it's worth of buying bitcoin at any price if anyone is a diamond hand hodler. 
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
Read the basics and i would like to say that dont easily believe with those kind of price calls because 250k isnt something that can be achieved in a years time so be aware and dont get shilled and been hyped whatever those popular or known people been saying.We are all speculators on here and also dont expect or anticipate that much that you would be making profits guaranteed after a year of investing because no one knows on what will happen in next years to come neither we do progress or we would be having some crypto winter just like what happened on that very long bearish market happened in the past. 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? Please help!10.0.0.0.1 192.168.1.254
ZhakirSetie, we are living through a Global race to collect as many BTC as possible. Before too long, wealthy people will go crazy trying to buy even 0.25 Bitcoin.
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Will it make me back a substantial amount more money?
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