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Topic: Is it worth to pay $8200 for 1 BTC if you are a newbie? - page 21. (Read 4153 times)

legendary
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Merit: 5004
https://merel.mobi => buy facemasks with BTC/LTC
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
newbie
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Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
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