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Topic: Soo, I'm planning on buying €1000 in bitcoins. Yes or no? - page 19. (Read 18073 times)

full member
Activity: 227
Merit: 100
It is better to buy the bitcoin now at the current price. In 6 to 12 months, the price of bitcoin could be $1000.
sr. member
Activity: 292
Merit: 251
Telegram: @Adriandmen
if it is a a huge investment for you, you better think very well before buying anything . because bitcoin price is not granted to rise. it goes up and down so there is a risk

Yeah, I started with a smaller amount (0.5 BTC) and I'll see how that goes.

Right now, the situation is a bit weird in my opinion, so I'll have to be careful the whole time.
sr. member
Activity: 389
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
if it is a a huge investment for you, you better think very well before buying anything . because bitcoin price is not granted to rise. it goes up and down so there is a risk
either way if i were in his shoes i would definitely take a chance and buy a lot of bitcoins

i think the price has a lot of potential to grow right now thus that would be a good idea to buy bitcoins now
hero member
Activity: 966
Merit: 507
I have to admit that I hate a lot the great volatility of the bitcoin price. That is why I have lost my confidence to invest in bitcoin at this moment. Today its price is $500, tomorrow $800 and next week $600, I think this is not a serious way to invest your hard earned money.
sr. member
Activity: 434
Merit: 250
Young but I'm not that bold
if it is a a huge investment for you, you better think very well before buying anything . because bitcoin price is not granted to rise. it goes up and down so there is a risk
newbie
Activity: 14
Merit: 250
There is some risk involved, but I will say yes*. I believe that the price will go up again at least to the 800 USD level (because of the halving).

* I would reconsider my position if you live in a country where Bitcoin cannot be bought directly, for example, here in Colombia the easiest way to go is through LocalBitcoins, but the fees are simply crazy.
legendary
Activity: 840
Merit: 1000
1000 euro is small amount however if price will spike by 10% or more you will easily earn 100 euro and more within upcoming few days. That type of return you can't get in other assets trading but you also have to take risk of lossing same % if price get dumped again like few days ago. Keep watching market if you have decided to buy bitcoin in current high volatility. Good luck

For someone 1,000€ is a small amount maybe a small part of a salary but for many countries in the world it takes few or more months to earn, so even 10% of profit can be very good amount to live a month maybe. I gave my suggestion yesterday so if you heard me you should see the profit today.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
1000 euro is small amount however if price will spike by 10% or more you will easily earn 100 euro and more within upcoming few days. That type of return you can't get in other assets trading but you also have to take risk of lossing same % if price get dumped again like few days ago. Keep watching market if you have decided to buy bitcoin in current high volatility. Good luck
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
why you didn't bought the $400 level, when bitcoin was cheaper? lol people always wait for the pump to end before buying, you should buy when there is stagnation i think and dumping after the pump begin but not too fast, wait for the corretion, if you can catch it you can get a good profit
sr. member
Activity: 317
Merit: 250
I think the bitcoin price will rise in the long term. If you believe the same, you can buy now. But you cannot worry about the volatility of the price.
sr. member
Activity: 292
Merit: 251
Telegram: @Adriandmen
Okay, I'll just wait till the weekend and buy 0.5 BTC.
legendary
Activity: 1792
Merit: 1283
You said that it's quite a big investment for you, in that case I would invest a smaller amount so you don't feel too bad if you'd have to sell at a loss.
Even though I think it would be a pretty good investment currently.
sr. member
Activity: 574
Merit: 251
i would go for it the halvening is comming up and brexit and everything. maybe its not the perfect time to buy , but its still good Smiley
legendary
Activity: 2100
Merit: 1058
For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?
At this moment, I'd take my chances since bitcoin price is pretty low compared to a week or two ago.

But, there's a risk that it'll continue going down. Just don't invest what you can't loose.
Halving will produce tremendous effect with the bitcoin price so if he is aiming with a nice profit I can fully suggest that he has to try. For better or worse it is the ride of his life where you could earn a lot from simple investment IMHO.
full member
Activity: 210
Merit: 100
For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?
I suggest do it now before it's too late. Tomorrow you will see another price of the bitcoin to go up. Time's so valuable today and I suggest that after you bought it,  hold until halving and dropped all the coins. After that, watch the profit that you will receive.
hero member
Activity: 1134
Merit: 502
For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?

That is still a good idea to do nowadays, Do it now because halving is near, and another reason you should do it as soon as possible because Bitcoin price is currently low, So you can really have a big profit in the future if you will do it now. Goodluck
legendary
Activity: 3542
Merit: 1352
Cashback 15%
At the current prices? Probably not. If there would be a dip for a day or two, I'd say grab the opportunity and take cheap coins. Never, ever buy coins during its rise because there is a high chance that you'll get ripped off and lose your investment.
hero member
Activity: 574
Merit: 500
If this amount is a huge investment for you as you said , then I advice you not to buy with all of them. Bitcoin is risky of course so only invest what you can afford losing
sr. member
Activity: 292
Merit: 251
Telegram: @Adriandmen
Actually, now I'm looking at it with the Bollinger bands. It seems that the price is going to drop again.

Most definitely, right now is not a good moment to buy bitcoins.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
In current moment when the price for bitcoin gone down it can be good investment for you if you buy it now. Bitcoin will rise back and even more higher for sure and you will be able to double your money. So it's good plan to buy bitcoin now and wait for it start to rise again.
Yeah the price drop of bitcoin is a good sign for traders or buyers to take advantage of it because as you said bitcoin will rise back fast and we can double our money by just holding our coins until halving or waiting for the price to reach our expectations. But we need to be smart on choosing when we gonna sell our coins because anything can happen anytime Roll Eyes
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