long term invest in bitcoin - page 8.

jackflag

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

At present, btc is growing steadily and you want long-term investment in btc. So there is no a good time to buy btc. You only need choose a reasonable price and buy then just wait. During the past few months, btc has not had any noticeable fluctuations so you will not have the opportunity to wait for a deep fall to buy. I think so

frank175

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5500$ is a good price at the moment

posi

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You have a nice amount for a start and this what I usually when I want to invest. Whenever I want to buy btc when the chance of dip in price is not so sure just like now due to the up coming 2x. I usually buy during the weekend cause the capital market will be close that time and the price will be down. I think it will be better if you split the money into 2 and use 1 part to buy this weekend while you keep the remain to buy incase there's dump in price anytime.

diskodasa

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There is no doubt that invest BTC right now. Its price was predicted $20,000. Besides, there will be a new hard fork, it means you will be receive a new coin free.

krauzzer02

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Don't think twice about investing now and do not expect that it will have a very deep dump for the next months like 20 - 40% dumps to its prices the usual dump ranges from 4 - 11% instead it will pump to $7000 - $9000 probably next year so now is the time to buy bitcoins and wait till it reaches its promising prices next year before it is not affordable due to its very high price per 1 bitcoin.

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

I think you have to wait below 6000 $ value before you go and convert your money into bitcoin. Long term investment is a right choice for your investment but there is no guarantee for some profit. You already know its very riskyinvestment right? For now gather some patience because it will be a long way to go.

samcrypto

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Quote from: crzy on October 30, 2017, 06:12:42 PM

Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Well the price of bitcoin are quiet expensive and it will surely go down so i suggest to do cost averaging so that you will lessen the cost and maximize your profit, btw that is a good idea to invest on bicoin for long term you will surely make good money in the future.

At which price can I consider it as a good buy opportunity ?

In my view you can enter around $5700-$5900 this is a good place to buy for me and if you much money don’t spend it all with bitcoin do diversify it with some good altcoins NEM for good, the sleeping giant and very cheap. Well you still have to analyze so you can be sure about this.

aardvark15

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Bitcoin will probably gain value over the next year but there is no guarantee. Cryptocurrencies in general are high risk investments and the price is very volatile because it is sensitive to negative and positive news.

My suggestion is stick with either Bitcoin or a major altcoin and be willing to hold your investment in that coin until it at least doubles in value before you sell whether it takes 6 months or a year or even longer. It will probably keep growing but you never know when the price will drop.

mrcash02

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Bitcoin's market is unpredictable these days. You can wait until price drops to $5000-$5800 or you can buy Bitcoins right now with what you have as your idea is to invest for several months or even a year or so. There will be a HardFork next month, November, what means it's a unic chance of extra profit, so hurry up and make sure to buy your Bitcoins before this date doesn't matter its price.

Some people like to put a considerable amount of money in AltCoins too, but I think at this moment Bitcoins deserves more attention.

Freegan

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Quote from: Razerglass on October 30, 2017, 05:29:26 PM

Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Wait for pullback and buy it. Btw dont expect low prices than 5000$ before december and try to buy low as much as you can. Dont forget the first rule of trading: Buy low,sell high Wink

I also think that it is possible to see the price of bitcoin touching the barrier of $5,000 in coming days, so I think it would be a good idea to arm yourself with a little patience and wait for that moment to invest. Remember that one of the characteristics of a successful trader is patience.

EXtremeAEX

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A good buying price would be below $5500, best if below $5400. If you are new, I recommend buying $200 worth of BTC first, and then buy more when the price drops, or sell some when the price rises.

For Bitcoin, you would have to trust your own judgement too, and only ask for feedback and advice to confirm it. I would say go with your gut feeling, and if your investment savings are very important, then I would spend less, and more carefully. Good luck! Cheesy

crzy

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Well the price of bitcoin are quiet expensive and it will surely go down so i suggest to do cost averaging so that you will lessen the cost and maximize your profit, btw that is a good idea to invest on bicoin for long term you will surely make good money in the future.

hahahafr

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if you have some questions about the fork, then why dont you ask them on the official thread of the segwitx2 fork? Anyway, we are expecting to see it rising on the next days, so if you buy right now, it can rise a little bit more before the fork is done (by november 11th).
And you all know that the price ussually goes down once that a fork is realized, so why dont you buy right now and then try to speculate with the price?

aloha99

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Quote from: Razerglass on October 30, 2017, 05:29:26 PM

Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Wait for pullback and buy it. Btw dont expect low prices than 5000$ before december and try to buy low as much as you can. Dont forget the first rule of trading: Buy low,sell high Wink

What is the best price to buy do you think ? And what about the expected hard fork ?

Razerglass

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Quote from: aloha99 on October 30, 2017, 05:09:34 PM

Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

Wait for pullback and buy it. Btw dont expect low prices than 5000$ before december and try to buy low as much as you can. Dont forget the first rule of trading: Buy low,sell high Wink

aloha99

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Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you

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