Soo, I'm planning on buying €1000 in bitcoins. Yes or no? - page 21.

pandalion98

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Quote from: Adriandmen on June 22, 2016, 07:45:54 PM

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.

DoublerHunter

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If you ask me. Yes, i will buy bitcoins with that amount because im pretty sure that the price will rise after a few more days. Just buy it bitcoin as much as you can and hold it unitil halving or sell it if the price reaches your expectations. Also, if you don't want to sell it and all you want is to continue grow your bitcoin that you bought (if you buy bitcoin) i suggest to you to learn altcoin trading because it's better than putting and risking our bitcoins on different HYIPs out there that are promising for lifetime earning

2legit2

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Quote from: Adriandmen on June 22, 2016, 07:45:54 PM

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?

Well if you will buy it right now,before halving, i am sure that you will get lots of profit from bitcoins if you will sell them after halving

Because i am sure that price will rise, and it will be larger than now for sure, anf buying bitcoins is always good thing to do

Sled

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Quote from: Adriandmen on June 22, 2016, 07:45:54 PM

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?

If you ask me i will. I will take the risk and invest that kind of huge amount into bitcoin. Now the price is continue falling because of the temporary close of a huge bitcoin exchanger but i think it's blessing in disguise because we are able to buy bitcoins now at a lower price so why not to invest it on bitcoin Grin

.

There is a risk of getting negative profit example you bought your bitcoin at the price of $600 and the price will continue to fall up to $400 so that is the risk because we can't predict the price because it's only depending on demand of the users, If many users will continue to sell their coins it will result for the price to continue dropping.

helloeverybody

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Quote from: tiggytomb on June 23, 2016, 02:39:55 AM

It is always a good idea to buy bitcoin when you can. The risks, you could lose some money but highly unlikely that you will lose all of your money, if you take a look over the last month we have seen a nice rise but then just over the last 24 hours we have seen a drop so just be prepared and don't panic sell if you see a drop because at some point it will go back up.

The way it looks right now we could maybe see it dropping a bit further down to the £300 mark but that's just guessing, you decide the right time to buy and buckle yourself in Grin

I also think we are going to drop back down to the £300 mark again, You could try and wait it out untill we reach this but obviously being bitcoin funny things can happen, could be a trap for weak hands to sell off and then price will sky rocket back up, Either that or some big players have cashed out and price will return to normal levels for now.

tiggytomb

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It is always a good idea to buy bitcoin when you can. The risks, you could lose some money but highly unlikely that you will lose all of your money, if you take a look over the last month we have seen a nice rise but then just over the last 24 hours we have seen a drop so just be prepared and don't panic sell if you see a drop because at some point it will go back up.

The way it looks right now we could maybe see it dropping a bit further down to the £300 mark but that's just guessing, you decide the right time to buy and buckle yourself in Grin

adibe

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Quote from: Adriandmen on June 22, 2016, 07:45:54 PM

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?

For now ? I think it's not a good idea to buy bitcoin now. The price of bitcoin is going down right now, better you wait first until the price of bitcoin stable.

hasiramasenju

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Quote from: Adriandmen on June 22, 2016, 07:45:54 PM

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?

it all depends on your need and for me this is huge investment too if you really to buying bitcoin with your €1000 but nobody else here could guarantee you will get profit from those bitcoin because as you could see in bitcoin the prices could increase and decrease with very fast and also movement of the prices is very unpredictable

Sniper44

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Quote from: Adriandmen on June 22, 2016, 07:45:54 PM

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?

you should know that investing in bitcoin can be very profitable but also it can be very risky.

so to keep it short i can tell you that if you are aware of the risks and accept them, then it is a good plan to invest in bitcoin.

Yakamoto

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Quote from: lottery248 on June 23, 2016, 12:26:29 AM

Quote from: Schuyler on June 23, 2016, 12:18:40 AM

I say do not go all in. Buy in tranches and buy only when the price is going down. Right now might be a good time to buy with the recent decline in the price. If it goes down more, prepare to buy another tranch and see what happens. Try to hold even when you are seeing red and don't panic sell when others are doing it. That would just contribute to the price going down even lower.

+1 and if you bought bitcoins yesterday, and you would lose at least 200 euros.
the selling of bitcoins becomes harder as people are not considering the bitcoin as a value, instead a form of just investment.

Bitcoin has been viewed as an investment for a long time, and the concept of being a store of value would have to come much later in the future when the rates of fluctuation are smaller and the halving has less of an affect on the Bitcoin value.

Until then, expect for there to be a lot of fluctuating and not a lot of going up. The market still has to figure out what it wants to do.

lottery248

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Quote from: Schuyler on June 23, 2016, 12:18:40 AM

I say do not go all in. Buy in tranches and buy only when the price is going down. Right now might be a good time to buy with the recent decline in the price. If it goes down more, prepare to buy another tranch and see what happens. Try to hold even when you are seeing red and don't panic sell when others are doing it. That would just contribute to the price going down even lower.

+1 and if you bought bitcoins yesterday, and you would lose at least 200 euros.
the selling of bitcoins becomes harder as people are not considering the bitcoin as a value, instead a form of just investment.

Schuyler

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I say do not go all in. Buy in tranches and buy only when the price is going down. Right now might be a good time to buy with the recent decline in the price. If it goes down more, prepare to buy another tranch and see what happens. Try to hold even when you are seeing red and don't panic sell when others are doing it. That would just contribute to the price going down even lower.

outatime1

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If you are going to buy, I think now might be a good time. However, there is no guarantees that the price won't drop some more and there is a risk that bitcoin will fail on the long run. You have to be willing to accept that risk.

7788bitcoin

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Quote from: Adriandmen on June 22, 2016, 07:45:54 PM

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?

The price has just drop quite a bit and it is quite attractive now... However, if I were you, I will wait one more day to allow the price to stabilize. €1000 will get you about 2 (or less) BTC and I am sure it will be a great investment if you can hold the coins for the next 2 years.

yhansky

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Quote from: Adriandmen on June 22, 2016, 07:54:25 PM

It seems that almost anyone is sure that the price will go up a lot after the halving. But why is this?

I think some will reverse there thinking about bitcoin price will be going up after halving..as you can see the price of bitcoin is getting deeper and deeper everyday..

omegaaf

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Do it. Go in and buy your btc. btc is the future of money.

alyssa85

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Quote from: btc2double on June 22, 2016, 07:48:27 PM

Quote from: Adriandmen on June 22, 2016, 07:45:54 PM

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?

if you buy with this rate and sell after halving you will have like 99.999% profit

There is no guarantee the price will go up after the halvening.

Adriandmen

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It seems that almost anyone is sure that the price will go up a lot after the halving. But why is this?

The Sceptical Chymist

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Look at the price chart for the past few months, and if you have the stomach for watching your investment go up and down like a yo-yo, then do it. And as the man above me has mentioned, you might double your money easily with the halving. Anything is possible. Just be prepared for the price to be volatile, and if you can't afford to lose what you put in, then don't do it.

btc2double

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Quote from: Adriandmen on June 22, 2016, 07:45:54 PM

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?

if you buy with this rate and sell after halving you will have like 99.999% profit

Topic: Soo, I'm planning on buying €1000 in bitcoins. Yes or no? - page 21. (Read 18073 times)