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Topic: Is now the best time for new people to invest? - page 2. (Read 2872 times)

sr. member
Activity: 308
Merit: 253
Altcoins are the best way to avoid traps It's like forex
full member
Activity: 215
Merit: 100
I'd be hesitant about buying right now, I feel like this is a bull-trap. But then again I wouldn't sell any either. I think we'll know the direction we're heading by the weekend but the christmas/ny break will be unpredictable too.

Bull-traps then Bear-traps. Trading is risky this is why I hodling
sr. member
Activity: 308
Merit: 253
I ordered a block eruptor and it's not here yet But I still don't know how to mine Does anyone know how to use it?
legendary
Activity: 2324
Merit: 1125
I think it falls under this, but I will put The Intelligent Investor on my reading list.

I agree it will depend on your definition, but then again doesn't anything? Smiley

I'll guarantee you're going to be glad you put that on your reading list. It's the book that formed me as an investor.

What is your definition of 'guarantee'? Grin I've just downloaded it.

Lol, very good question Wink (may be I should start adding a disclaimer stating I'm not financially responsible for following any of my advice).
hero member
Activity: 505
Merit: 500
When the price crashed it is definitively time to buy more Bitcoins. When bubble forms, it is time to sell
newbie
Activity: 11
Merit: 0
Hey there...

I think its a really good time to invest in Bitcoins and not only in Bitcoins.

I bought Bitcoins for 500$ as they were at ~400$ in early November or late October. I hoped, but didnt really believed, that they would go above 600$.

Finnaly i selled them at a price of ~900$. Did the same again.... and again... switched the crypto-currencie and did it again with PTS... again and again ...

Started at the end of october with 500$ and got until now something between 1800 and 2500$(Didnt know exactly) just with exchanging it many times =)


Btw: I started to mine new coins with few dedicated servers ... Started with PTS few days after the beginning .... got me ~450$ after exchanging to BTC and selling the BTC

Now I´m mining Memorycoin 2.0 ... mining just with 4 dedicated servers... found 5 Blocks so far.
Yesterday I started to mine Dogecoin with my GPU at ypool.net .... got me ~60.000 Coins...  lets see what this will bring. =)


Greetz,
Hyko0
hero member
Activity: 490
Merit: 500
This is a good entry point

Lot of the specs are out again which in a way is not a bad thing
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
I think it falls under this, but I will put The Intelligent Investor on my reading list.

I agree it will depend on your definition, but then again doesn't anything? Smiley

I'll guarantee you're going to be glad you put that on your reading list. It's the book that formed me as an investor.

What is your definition of 'guarantee'? Grin I've just downloaded it.
legendary
Activity: 2324
Merit: 1125
I think it falls under this, but I will put The Intelligent Investor on my reading list.

I agree it will depend on your definition, but then again doesn't anything? Smiley

I'll guarantee you're going to be glad you put that on your reading list. It's the book that formed me as an investor.
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
I would not call buying BTC as an investment. It is rather speculating.

For an investment the volatility is terrible. For speculating it is a huge opportunity even withing one day. Smiley

You can speculate as an investment. The terms aren’t mutually exclusive.

No you can't and yes they are.

How can you not speculate as an investment?

By definition. I recommend you read "The intelligent investor" by Benjamin Graham.

Depends on your definition.
Quote
In finance, investment is putting money into an asset with the expectation of capital appreciation, dividends, and/or interest earnings. This may or may not be backed by research and analysis. Most or all forms of investment involve some form of risk, such as investment in equities, property, and even fixed interest securities which are subject, among other things, to inflation risk.

I think it falls under this, but I will put The Intelligent Investor on my reading list.
legendary
Activity: 2324
Merit: 1125
I would not call buying BTC as an investment. It is rather speculating.

For an investment the volatility is terrible. For speculating it is a huge opportunity even withing one day. Smiley

That's bullcrap also. Investing in volatile things is perfectly acceptable. However, one should require this added volatility to be 'paid' for with additional upside. Bitcoin is such a situation so the volatility is perfectly acceptable Smiley

I am just saying that with that high volatility buying and selling is speculating. Low volatility and long term is investing. Buying does not always mean investing.

That's not the definition of either of those. Investment has to do with the estimate of value (and the future increase/decrease of value) and the coupling with price. If the price is sufficiently lower it's a good investment (based on the amount of risk).

Speculation is when you don't care about value but only about price. In speculation you base yor buying and selling decisions on whether you think people will pay more or less for the thing you're buying or selling at some point in the future IRRESPECTIVE of value.
legendary
Activity: 2324
Merit: 1125
I would not call buying BTC as an investment. It is rather speculating.

For an investment the volatility is terrible. For speculating it is a huge opportunity even withing one day. Smiley

You can speculate as an investment. The terms aren’t mutually exclusive.

No you can't and yes they are.

How can you not speculate as an investment?

By definition. I recommend you read "The intelligent investor" by Benjamin Graham.
full member
Activity: 182
Merit: 100
I would not call buying BTC as an investment. It is rather speculating.

For an investment the volatility is terrible. For speculating it is a huge opportunity even withing one day. Smiley

That's bullcrap also. Investing in volatile things is perfectly acceptable. However, one should require this added volatility to be 'paid' for with additional upside. Bitcoin is such a situation so the volatility is perfectly acceptable Smiley

I am just saying that with that high volatility buying and selling is speculating. Low volatility and long term is investing. Buying does not always mean investing.
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
I would not call buying BTC as an investment. It is rather speculating.

For an investment the volatility is terrible. For speculating it is a huge opportunity even withing one day. Smiley

You can speculate as an investment. The terms aren’t mutually exclusive.

No you can't and yes they are.

How can you not speculate as an investment?
member
Activity: 114
Merit: 10
I'm not sure it will not go under 500, last week everybody thought it  would be the lowest when it was at 800, this week 500, next week..?

Depends what will happen next week, news can be eighter bad or good Smiley
legendary
Activity: 2324
Merit: 1125
I would not call buying BTC as an investment. It is rather speculating.

For an investment the volatility is terrible. For speculating it is a huge opportunity even withing one day. Smiley

You can speculate as an investment. The terms aren’t mutually exclusive.

No you can't and yes they are.
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
I would not call buying BTC as an investment. It is rather speculating.

For an investment the volatility is terrible. For speculating it is a huge opportunity even withing one day. Smiley

You can speculate as an investment. The terms aren’t mutually exclusive.
newbie
Activity: 17
Merit: 0
I'm not sure it will not go under 500, last week everybody thought it  would be the lowest when it was at 800, this week 500, next week..?

BTC great you can even add the bitcoin symbol in replies!
full member
Activity: 129
Merit: 100
Now is a great time to invest as BTC has been at its lowest for a while. Can't see it going any lower unless there's a catastrophic event.

Catastrophic event ? All you need is some bad news, China as example 2 times this month
legendary
Activity: 2324
Merit: 1125
I would not call buying BTC as an investment. It is rather speculating.

For an investment the volatility is terrible. For speculating it is a huge opportunity even withing one day. Smiley

That's bullcrap also. Investing in volatile things is perfectly acceptable. However, one should require this added volatility to be 'paid' for with additional upside. Bitcoin is such a situation so the volatility is perfectly acceptable Smiley
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