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Topic: Is it worth to pay $8200 for 1 BTC if you are a newbie? (Read 4206 times)

jr. member
Activity: 73
Merit: 1
Yes agree, better late than never, and I'm sure the price will continue to rise so the price of 1 btc will feel very expensive, now we say the price is expensive, but a month away the price will feel very cheap.
hero member
Activity: 2492
Merit: 542
If you're a newbie and you can afford to buy then go for it or atleast try a small amount, others bought it in a more expensive value last year like  $13k-$18k so $8k is now a discounted price lol it can go up fast in coming months you just have to wait and hodl for a good return.    
jr. member
Activity: 131
Merit: 8
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?

How do you define a newbie and what does buying bitcoin have to do with being a newbie?
What do you consider good investments for a "newbie"?

Reply to question: $8200 for 1 BTC is WORTH it. (for anyone Including newbies, intermediates and pros Wink)

Btw if the question was "is swing trading BTC a good investment for a newbie?" I'd say definitely no.
newbie
Activity: 65
Merit: 0
Start with a small amount, get comfortable and familiar with cryptocurrency and see where it goes from there.
newbie
Activity: 70
Merit: 0
Being a newbie doesn't subject you to buy 1 bitcoin . Always make a deal which does not leave you with a huge loss in the future . It is foolish to assume that buying 1 bitcoin is necessary . 90% of the users have not bought a bitcoin at once ( except the ones who are funding for some campaigns ) . According to the funds you have you can use some of it to buy some fraction of bitcoin . It is never too late to buy bitcoin , since it is speculated to rise it will be a very good time to buy some part of it !
newbie
Activity: 36
Merit: 0
Bitcoin will constantly go up. More and more people will enter this system and raise the cost of bitcoin
member
Activity: 462
Merit: 10
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?

when you know that bitcoin price will be $20k, would you mind to buy BTC at $8200 ?
a simple question. but there is no one can predict bitcoin price with high accurate. i believe in bitcoin though.
full member
Activity: 490
Merit: 110
you dont have to pay a whole btc in order to use it in a transaction. in todays payment system where cryptocurrencies is now an option in payment, btc will surely worth it because the adoptation of mass into crypto world is already spreading. it depends on how you use your bitcoin but for me it is worth it.
newbie
Activity: 84
Merit: 0
Today, it is an opportunity to buy one BTC in that line of pricing since it's like you are giving a discount for the product, hope you choose the right decision way back then.
member
Activity: 238
Merit: 10
The newbie has nothing to do with buying bitcoins, it depends only on how much you are interested in earning through online trading or investment, if you are qualified enough to earn online through the crypto currency, and then buy 1 BTC for 8200 dollars.
member
Activity: 196
Merit: 11
Well so for a newbie to do such things, it is more advisable and wise thinking if he assures that he is already aware to the Bitcoin worlds, its corresponding risk, losses and gains in particular.
full member
Activity: 344
Merit: 100
I think it's decent enough. Because bitcoin will increase slowly and you will benefit from what you invest. But if you are a beginner you should buy them periodically. Do not spend all your money on bitcoins. Purchase slowly so you can monitor the bitcoin market and its growth.
sr. member
Activity: 1372
Merit: 255
Regardless if you are a newbie or not, 1BTC is 1BTC. The thing is, how long you can hold that 1BTC. If you bought at 8.2k, will you still hold it if the price goes 5k, or even worse 3k? Holding is the main key in this crypto currency bandwagon.

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
full member
Activity: 283
Merit: 100
Well, if you're new. Do not be afraid to earn money if you have the means to buy a whole bitcoin - do it. Have no doubt.
jr. member
Activity: 126
Merit: 1
You don't have to buy a full bitcoin to invest. You can start with a small amount, try for yourself this earnings, and if everything suits you - buy bitcoin and more.
member
Activity: 490
Merit: 10
Bitcoin is a great investment for everyone, both beginners and experienced investors. The main thing-to learn all the nuances, risks, storage rules, and everything you will be fine.
sr. member
Activity: 448
Merit: 250
I think this is a good price to buy. Many people bought for 15 - 20k. Therefore, the price is relatively good.
If people purchased the coin at $15 k does not mean that you have to enter the market when ever the market rate is below that valuation. If you think that you have money to spare, and if you have the patience to monitor the market and trade according to the trend, then you can enter at any price valuation you wish.
jr. member
Activity: 78
Merit: 6
Its already 9800 now i bought it when it was 5k each it was a good time before my pc got hacked and my coins stolen lol
newbie
Activity: 224
Merit: 0
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?

for me, no problem at all. why ? because i know that bitcoin price will be higher than 8200. you can buy bitcoin in fraction too.
so if you want to buy bitcoin, buy it now. if you dont have $8200, just buy bitcoin in fractions. it will cost lesser.
member
Activity: 238
Merit: 10
Newbie has nothing to do with buying bitcoins its only depends on how much you are interesting in earning through online trade or investment if you are expert enough to earn online through crypto currency then buying 1 BTC for $8200 is nothing you can earn handsome amount with it but you are not capable of to run the digital trade then I will advise dont go for it.
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