I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point
Your story is a typical story of a newbie who thinks bitcoin is a get rich quick scheme but never comes around to make an investment because they feel they’ve missed their chance. I want to debunk some misconceptions you may have about bitcoin; You do not invest in bitcoin and expect to have profit in 3-4 months. You’d have to own a significant amount of bitcoin to be able to profit from small price movement in such a short span. I doubt the money you had saved for your education was enough to get you that. With this in mind, next time if you want to invest, I suggest you think long term and set a realistic target for your investment. 
Topic: Maybe I should have taken this risk earlier. - page 8. (Read 1159 times)
Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now.
You have already invested so there is no turning back unless you will get it nowbecause anytime soon the price will go 2 ways, it can grow to 40k like what you are believing , of it will go\
sideways and that is dropping below 30k again or the sad part if drowned below 20k as we knew what Halving
can bring before the Bull thing comes.
think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
There is already a price in your mind so who are we to counter that? but neverforget as there is no certain in the market when each halving year coming, and also you have forgot the term
used here commonly and that is only invest the amount you can afford to lose, but what you did is for 5 months?
expecting to give you 40k and above?
The Miners halving i in April meaning the effect may come in 3rd or 4th quarter , do you think that is enough time
for you to continue your University dream?
You know, it's rather peculiar how many people experience regret when Bitcoin experiences sudden surges, even if they didn't incur any losses or part with a single cent. I'm aware that Bitcoin sometimes offers unforeseen opportunities for anyone holding it to turn a profit, and it seems to be a trait possessed by those who maintain their faith in Bitcoin even during price dips.
Are you interested in owning Bitcoin and reaping the benefits? You can do so now and relish the rewards when the market turns bullish. There has indeed been a recent price increase that's caught the attention of many. However, I'd venture to say that we haven't quite entered a true bullish market just yet. When it comes to ETFs, the real bullish market will only be confirmed when the SEC announces the full acceptance of Bitcoin ETFs.
Are you interested in owning Bitcoin and reaping the benefits? You can do so now and relish the rewards when the market turns bullish. There has indeed been a recent price increase that's caught the attention of many. However, I'd venture to say that we haven't quite entered a true bullish market just yet. When it comes to ETFs, the real bullish market will only be confirmed when the SEC announces the full acceptance of Bitcoin ETFs.
Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
Since your father's money is in the bank, you can withdraw that money and reinvest it in Bitcoin if you want. If you can afford your own education then you can invest your father's money in Bitcoin. There is no need for your father to invest money if you fail to pay for your education. Also another thing is that you should not invest in Bitcoin in this pumping market rather you wait for some time when the market is dumping then you can invest in Bitcoin.Moreover you don't invest all your father's money in Bitcoin but you can invest some right now and later you can invest the rest depending on the market condition.
Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
So what would be your reaction if the price of bitcoin moved in the opposite, let's say from $27K to $17K in this period then you will be here complaining that bitcoin is risky and now my money is gone.
You should never invest any money in bitcoin that you have to use in the near future like in a month or two so what you did is the right thing.
First, it can be said that you are a lucky child because you have parents who are responsible for their children. Please don't ignore their appreciation of you for the effort they make just to support your studies. And I also see that you are a responsible child to your parents because of what you think of such things.
It's rare for me to see young people like you who immediately think about the future for themselves. So as far as I can see, you will go far for sure, especially since you saw Bitcoin as a good opportunity and you were not wrong in this matter, to be honest.
It's rare for me to see young people like you who immediately think about the future for themselves. So as far as I can see, you will go far for sure, especially since you saw Bitcoin as a good opportunity and you were not wrong in this matter, to be honest.
Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
It will be the worst decision of your life. The way you talk shows that you don't have too much experience in the market. What makes you so sure that bitcoin will surpass $40k in the coming months, are you an expert or someone from the future? One more thing: it's the money your parents gave you for your education, it's your future, you can't invest in bitcoin with money you can't lose.
I bet you want to invest because you see the market skyrocketing and you regret it, but you don't have any knowledge or experience about it. We'll call it Fomo and you'll soon pay a heavy price for investing that way.
Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
If I were in your situation, I would think the same thing that you are thinking if I understood and saw the potential of Bitcoin in the future. Rather than putting it in the bank, at least in a few months, it will have a price change.
But if you do this, don't forget that Bitcoin is a volatile asset. Consider the risk you can face with it. And above all, don't do what you think if you know for yourself that it will affect your studies, as long as you always study first. I know you take risk takes but you should prioritize what your important priorities are.
Regret is always at the end @OP but lucky for you, Bitcoin is still in the beginning of its long journey. So you can just do some DCA and spend your extra money so that it won't get a toll on your fund for your education. Education should be prioritized here and it is not wise to spend the money that is already allocated to something, let alone it is for your education. If this trend is a bull trap then you will likely regret your decision to invest your educational fund in Bitcoin in a short-term period.
Just like everyone stated, the Bitcoin market is too volatile you might end up at a loss when the time comes that you need the money for your tuition so I think it is better to play it safe and accumulate slowly with your extra money.
Just like everyone stated, the Bitcoin market is too volatile you might end up at a loss when the time comes that you need the money for your tuition so I think it is better to play it safe and accumulate slowly with your extra money.
Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
If you want to invest in bitcoin due to the recent uptrend in the market, I’m sorry you won’t be able stand the market volatility. Yes the market is going on an upward movement and everyone is if the believe that it might rise more, while few people will think it won’t last long. Consider what the lesser people say because there won’t be a say like that if there’s no possibility of it happening. You can’t just invest in bitcoin for four to five months and hope that you’ll make it very big from there and exit the market. The market has a direction and a guide, if you can’t unlock those factors, you might end up losing your money when you try to invest and neglecting them. There is a better assurance to invest in a long time in the market to get good profits rather than just trying to enter because of FOMO.
You can't invest the money that you can't afford to lose. No matter how the market looks promising to invest, as long as what you have is you're not comfortable to lose it, then just forget investing at the moment but prioritize studying first over investing. Because if you stick on thinking the opportunities you missed in the market, you will never move on with that. Just think of this, everything has it's perfect timing. And investing at the moment is not perfect for you not because you're less capable but because you don't have what it takes to lose your money and yet you're still okay with it. But eventually in the future, when you obtain your own job and you're free to do anything with your own money, then you are very free to invest as long as you don't blame others if ever you lose on your investment.
It's hard to really follow or time the market because it's hard to know what's going to happen. Knowing that it's always moving with the 24/7 and global market. It's easy to feel FOMO because of the increase in price I hope you continue to invest (if you can and are willing to do it to decide on it) then you wouldn't really feel this way anymore.
Just continue to achieve your goal and you can be more active on it.
Just continue to achieve your goal and you can be more active on it.
Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
Apparently, a lot of people have the same story as yours, they blame themselves for neglecting to invest in Bitcoin earlier while seeing what happened to its price today. But we have nothing to correct those days, it was done already. What you're gonna do is to think about buying and make a decision whether to buy or not while the price of Bitcoin is still low price. If you think the positivity may happen to Bitcoin, then never waste your time either but rather have to take action now. 
No one can predict the price of Bitcoin correctly but people are free to give or share their own prediction of Bitcoin's price. If you decided to invest in Bitcoin because the price increased then do what you want to do after all, it's not our money that we can decide what to do. In short, it's entirely up to you mate since it's not ours to begin with. It's never too late to invest in Bitcoin. There are some of us who knows amd learn about Bitcoin 9 or 10 years later but still able to earn profit.
It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months.
Bitcoin is unpredictable which you never can tell what will happen in this next 4-5 month, bitcoin is good for longterm investment and it is better to use fund which won't be needed for emergency or fund that is meant for something else . It is better to invest with extra fund that won't be needed for anything, I know the price of bitcoin is increasing now but no one can tell if it will still be increasing or fall down In the next 4 months . I don't think it will be a good idea for you to invest money that us next for your studies for you to invest in it on bitcoin because you can really tell how the market will be when you will need it.
I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
Having yo make a mistake isn’t always the problem, the problem is always in what you’ve got yo learn from that mistake after you’ve made them.While not having to have invested in Bitcoin when the price was somewhere around $26k and having to invest now than holding back would be a much better thing to do,
I’ll also like to recount that the rule to investing has always been,
Not having to invest more than you can afford to loose.
You’ve already stated out the fact that, this fund is needed for your education in 3-4months, the price of bitcoin has got no guarantee to it and as such, it could turn at any side and at anytime. I’ll say you should think your decision through properly.
He swore that there is a very similar story, well it is almost always like that, but there are several thoughts that coincide, whatever...
If you had been born at the beginning of the last century perhaps you would have ignored many good investments, Coca-Cola for example.
Well, more contemporary, it happened with Apple, a Mexican became a billionaire, yeah, when he trusted that company when no one else did.
In short, the risk is always there, latent and the options are many, you only know when you invest and the years pass, even today despite the fact that bitcoin went through its best exponential growth it still has, "perhaps" a long journey of profits.
Just look at the past as a statistic for decision making, please, crying doesn't help, and!, consequently consider that the money you invest is money at risk, that is, losing money is a very real option.
If you had been born at the beginning of the last century perhaps you would have ignored many good investments, Coca-Cola for example.
Well, more contemporary, it happened with Apple, a Mexican became a billionaire, yeah, when he trusted that company when no one else did.
In short, the risk is always there, latent and the options are many, you only know when you invest and the years pass, even today despite the fact that bitcoin went through its best exponential growth it still has, "perhaps" a long journey of profits.
Just look at the past as a statistic for decision making, please, crying doesn't help, and!, consequently consider that the money you invest is money at risk, that is, losing money is a very real option.
A bitcoin is a currency that is unpredictable and in which the price or the value fluctuates and you can not depend on the value to be sure that your school fees is saved, I think the option for you to do is that , since the money is for your school fees and is not a spare money, the best option is to remain the money the place your parents kept the money for your school fees.
Because investing it in bitcoin may have a disadvantages in you, because bitcoin is something that deals with a risk measure and you are not sure of making profit in it because we are not in bullish season, right now the price of bitcoin is fluctuating and nobody know what tomorrow market will result out, so bitcoin is unpredictable currency which you are not supposed to depend on it.
Because investing it in bitcoin may have a disadvantages in you, because bitcoin is something that deals with a risk measure and you are not sure of making profit in it because we are not in bullish season, right now the price of bitcoin is fluctuating and nobody know what tomorrow market will result out, so bitcoin is unpredictable currency which you are not supposed to depend on it.
Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
Is never late to make investment, especially when it concerns bitcoin, everybody would have invested in bitcoin when the price was low if we had known or maybe had the money to invest as at that time, so don't give yourself too much of regret because it's normal human nature.
But if the money is meant for your education, I would advise you make do with it for the purpose it was kept for. You can still make little savings one your own and be investing in bitcoin over time.
Invest only that you can afford to lose is straight-forward. I am not discouraging you to invest; I am just warning you to invest with caution. Because it seems you have serious funds related to your career. If you lose it for some reason, then you will face a lot of trouble in the near future. Bitcoin seems highly volatile right now, and there are Bitcoin ETF rumours. If rumours become true, then we will see a pump. If it becomes false like before, then we will see a dump for sure. I will advise you to invest from your savings, not from your only capital. So even in a market dump, you will not encounter any issues and can hold for a long time.
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