Topic: Is it worth to pay $8200 for 1 BTC if you are a newbie? - page 12. (Read 4137 times)
As you can see, it would've been worth it.
Why not think about the bitcoin as new fresh start if you started it as newbie. I mean you could always catch up the prices of 8200 dollars as the cost which you saw it for the first time and you never know that it was worth fe dollars in the past. IF you think it that way then I'm sure you will find it nothing. Im suggesting you to get into bitcoin now and see for yourself that this price was nothing in the past when you see it from the future because by that time it would cross 50K nark for sure. This is not a joke but a true instinct that many of the crypto users have got and it will be truth one day. So. better you get in and learn many ways to earn it or trade it.
I dont have any regrets to those people who wants to buy 1 Btc for $8200, as long as they are capable and can afford. But, 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.
I wouldn't purchase one whole bitcoin for $9k+ as a newbie. Maybe you can buy a portion of one, but you should research more and try to find what's comfortable before you jump in. Even if you do, get ready for long-term dips and rises and profits.
For me investing or engaging in bitcoin wont matter if you are a newbie or an old timer. As long as you know what you are doing then so be it. That is why it is absolutely necessary to research first before spending anything with bitcoin. Remember that regrets are always experienced in the last part of your journey, therefore beforw reaching it you must be able to prepare yourself first.
https://twitter.com/bswen/status/934903627218587648 BTC prediction for coming years
He is predicting $100,000 by July 2021. I just hope that his predictions come true. If that happens, then I can retire from my full time job and go back to my hometown in Nepal and settle there with my kids. But anything can happen in 3 years. What if the government bans Bitcoin?
now you must pay $9600 to get 1 coin lol , so get it before it goes to $10000 soon ....
https://twitter.com/bswen/status/934903627218587648 BTC prediction for coming years
Right now is BTC trading between $9400 - $9800 ( http://www.coinparator.com/live/BTC/USD/ )
So, to answer your question. Yes, is was worth to pay $8,200 for a newbie.
And before you start a new thread. YES. it is worth paying $9800 for a newbie.
So, to answer your question. Yes, is was worth to pay $8,200 for a newbie.
And before you start a new thread. YES. it is worth paying $9800 for a newbie.
yes totally worth it
You can judge for yourself, I was a newbie in July and there was a big crash in the bitcoin price and I saw a huge opportunity, but I missed it. The bitcoin dropped to $1870 and the next day started to rise again, then came the China Fuzz, red market for 3 days, big down, and while you posted the question bitcoin already went $1000 above your number and the new adoptions of hedging with bitcoin, yes you´re a newbie, but luckily you´re are still in the beginning of the game.
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
It doesn't matter if you are a newbie, just do your research on how to store it safely and you'll be fine. If you indeed bought one when you wrote this post you have already a profit of 1300$, and you will be probably have an even bigger profit in the coming weeks/months.
So i guess my final answer is yes, it is worth it!
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
For those who only encounter Bitcoin recently. Bitcoin was a great investment for everyone.
if you fully understand the unlimited potential of Bitcoin and have a money to spend, don't hold your self, buy some portion of Bitcoin, wait for another 3 to 5 months and you will be amaze for the profit gain.
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
Ofcouse l will surely say yes because that is a very big amount for me. As a newbie it's a big favor to have that pay. I am excited to have a salary of a very high rate. That it's really a big help for the needs of my family. That will inspire me to have more than of my 1st salary. As low seen and read about bitcoin it's really a big help to the people because even if you're home you can have income here. The good thing is age is not required, everybody's welcome as long as you know how to follow instructions of bitcoin. I'm inspired to joined in bitcoin because our community now are all having income to bitcoin.l saw all their life change some are rich now and others are bitcoin as their financial provider.The most important here is you can have earnings whether it is a big amount of small ,because you cannot pick money anywhere.
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
Nobody will be able to give a defenitive answer to this question... Some people will tell you they think BTC will reach $10k before the end of the year, others will tell you they have credible calculations to support their theory it'll fall to $5k in a couple of weeks.
Personally, i'd suggest you have a look at the speculation subforum, and read up on bitcoin. If you personally believe it will rise, you can invest a little bit of your money. But never invest more than you're confortable losing. At any rate, bitcoin is a high risk/high reward investment.
Btw: you do know you don't have to buy 1 BTC at a time, right? Bitcoin has 8 decimals, the smallest amount you can theoretically buy is 0.00000001 BTC
And its even right to make more reading in speculation so you will have an idea what bitcoin will be for another days or weeks
And about what he can buy i think OP can make .1 btc enough amount to start for a newbie with that capital he can explore trading until he learns the right way how to earn here in crypto
if you can afford to lose the such amount of money, go for that, but the idea is to buy a fraction of BTC and wait.
There is no crystal ball who will tell you when it's the next drop or pump of BTC price, my advice is to buy a fraction and do the same slowly every week/month.
Remember to not go full head down into this world, stay safe, go slowly and keep buying
There is no crystal ball who will tell you when it's the next drop or pump of BTC price, my advice is to buy a fraction and do the same slowly every week/month.
Remember to not go full head down into this world, stay safe, go slowly and keep buying
i agree, there is no exact formula in investments, every seconds matters, it does not depend on how big or small your investments are, you just have to tests the market every now and then, if your guts tells you to dive now, then go, but if you feel you will lose then don't, its a game of money, which is a serious matter. try a smaller amount for a start, if it goes well, then add another amount.
Turns out, yes. You can never(almost) know which way the market is moving.
As everyone has mentioned above, buying fractions of a bitcoin is possible, but what I would like to chime in on is whether its a good time, and if not when?
The cold hard truth is its a speculative gamble. If you believe in bitcoin and it's technology, there really isn't a wrong time to buy, but if you;re just trying to make a profit, perhaps wait for a market crash.
The cold hard truth is its a speculative gamble. If you believe in bitcoin and it's technology, there really isn't a wrong time to buy, but if you;re just trying to make a profit, perhaps wait for a market crash.
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
You can still buy bitcoin because the demand of this coin never stop so it will increase as time passes by. If you already buy bitcoin at 8200 $ you have at least 10% profit as of now. Do not hesitate to invest because you can miss another good opportunity again
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
Bitcoin price is at $9200 right now and not $8200 anymore. Yes, i guess it is. What if btc price will not go down anymore. Will you buy for much higher price? For me, i will take the risk to invest, for it will definitely increase and i can get a profit.
Jump to: