Topic: Is it a Good Idea? (Read 2553 times)
Nobody can answer this. It may go down further it may not. Set your own personal price or buy order and stick to it. I think now is a good a time as any to buy in though. Can't see it going much lower personally but if it does I think we're in trouble so that's something you have to take on board. Bitcoin is definitely not a guaranteed investment and just make sure you remember that.
if i were you i would hold on a day or two and check the price, also you can buy little by little at different prices too
| yup its a good idea but it generally takes a ling tome to make profit |
Well, decide whether you want to be in it for the long haul or want to trade price-swings. Make up your mind, sleep 1-2 nights and then invest if you decide to. But only as much as you can afford to lose! Don't margin trade if you're new to the game, and don't trade on emotions! Oh and don't listen blindly to people on the Internet!
why don't you buy some btc and use it to purchase some goods or services that you can't with cash. isn't that the point?
That was the point long time ago, and bitcoin today is mostly used for speculative trading.
He is, like most of us, trying to make some gain by trading, and since it is nearly impossible to correctly predict price movement unless there are some obvious
big news, good or bad..
I think the best u can do is hold on to some portion of bitcoins no matter what, because by all means , i realy dont believe the price will be under 1000$ in the next 5 years.
Considering the price is curently around 220$, that would be impressive profit for a 5 yo plan.
why don't you buy some btc and use it to purchase some goods or services that you can't with cash. isn't that the point?
if i were you i would hold on a day or two and check the price, also you can buy little by little at different prices too
It all depends on whats the amount you wish to purchase.
If its any small amount <5 BTC, then purchasing it fine
If its any small amount <5 BTC, then purchasing it fine
If you're uneasy as you say, you can choose to just buy with 25% of the money you have to invest.
If the price goes down you can buy more on the way down, and then make a nice profit on the way up.
If the price goes down you can buy more on the way down, and then make a nice profit on the way up.
don't buy, so you'll never loss
Now I think it is a good idea to buy some bitcoins and hold them for 2-3 years , don't waste your time.
Definitely buy if you have the fund. And no matter whether the price is going up or down, continue to hold on to it. Look long term and aim big.
Depends how much you own now.
If you don't even have 1 BTC - buy.
If you have some, decide what % of your money is in BTC and if you can afford more. Don't be greedy bitcoin is not a get rich fast investment, your fiat may end up tied up in this for years.
If you don't even have 1 BTC - buy.
If you have some, decide what % of your money is in BTC and if you can afford more. Don't be greedy bitcoin is not a get rich fast investment, your fiat may end up tied up in this for years.
I don't think a lot of people buying bitcoin right now do it for getting rich. It very hard to predict if the price will go up or down.
Depends how much you own now.
If you don't even have 1 BTC - buy.
If you have some, decide what % of your money is in BTC and if you can afford more. Don't be greedy bitcoin is not a get rich fast investment, your fiat may end up tied up in this for years.
If you don't even have 1 BTC - buy.
If you have some, decide what % of your money is in BTC and if you can afford more. Don't be greedy bitcoin is not a get rich fast investment, your fiat may end up tied up in this for years.
What are your thoughts about purchasing Bitcoin atm at the price of $225.1 and holding it till it raises, I've been watching the price for the past few days and man it's like a roller coaster going up and down making me uneasy of whether or not I should buy a few bitcoins to hold it and sell it back out when it's high. What's your thoughts and opinions?
Hard to say what will happen in the near future. I am holding, so would suggest the same .It also depends on how much loss you can take.
buy and wait until the dollar collapses and use bitcoin to buy bread/a home/a car
try it firstly and tell me the result please 
No. It's simply not worth the risk. If you buy for $225 and intend to sell for $300 that's 33% profit, but there's more than 25% chance $300 will never be seen again so that's a bad bet.
I don't know what's your exit point, but you'll most likely never see it and end up holding the bag.
There's more downside potential than upside, so definitely no. And don't listen to bull scammers who tell you to buy, they just want to lure new suckers.
I don't know what's your exit point, but you'll most likely never see it and end up holding the bag.
There's more downside potential than upside, so definitely no. And don't listen to bull scammers who tell you to buy, they just want to lure new suckers.
Nobody knows. Historically the despair phase has been the time to buy in the past, when the price is relatively low.
Who knows though. Use your best judgement.
Who knows though. Use your best judgement.
No one can give you the correct answer, coz like you its speculation. Invest what you can afford to lose
DON´T
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