Worth investing as a student? - page 3.

ekoice

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Quote from: Lemmmy on July 20, 2017, 05:11:22 PM

Hey there. New to the BitcoinTalk forums, happy to be here

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

Investing in bitcoins is the best idea.Just buy bitcoins before august 1 as price is expected to skyrocket after that.Bitcoin has almost tripled in its price in the past six months.So if same trend continues,surely you could double your investment within half a year.

Inkdatar

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Quote from: chineseprancing on July 25, 2017, 08:29:41 AM

For me investing as a student is worth it, because at this point you can help the students to develop the talents and skills together with they earn income. Bitcoin was helpful to the students especially to the students with not enough cash to support their study

Yes it is a nice to hear as a student investing in bitcoin yes it is worth it. Bitcoin is open to all it has offer services which us can earn profit. Investing as a student is nice plan that you aim to earn money for your studies. All I can say is be careful on your investment just choose worth to invest with and just invest on what you can afford.

Kimi80

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Quote from: Proton2233 on July 25, 2017, 12:54:23 PM

Bitcoin is available to all. If you are a student I doubt that you have extra money to invest in bitcoin. Try it in your spare time to earn coins. Is very suitable for this this forum. You will not only learn the answers to all the questions that interest you, but also be able to earn a bit of money for the signature.

I agree with everything here said. If you spend some time on here on forum you can learn lots of things about bitcoin and would help you to make decision. I would just add that predictions said that price of bitcoin will grow and might be good time to buy some. For few years maybe price will be so big that we couldn't afford it.

2double0

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Whether a student or an oldie, Bitcoin has been favorable to everyone since it came into existence. It always gave more than what everyone expected.
No one knows the actual value of Bitcoins, but it is sure that it will rise every now and then due to the increase in its adopters.

Proton2233

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Bitcoin is available to all. If you are a student I doubt that you have extra money to invest in bitcoin. Try it in your spare time to earn coins. Is very suitable for this this forum. You will not only learn the answers to all the questions that interest you, but also be able to earn a bit of money for the signature.

salmanahmedone

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You can look at the history of Bitcoin and say that over a long period of time has gone from zero to almost $3,000. So for your long-term goal if you're looking for a startup fun for when you get out of school then just buy Bitcoin and let it do its thing every once in a while buy more

salmanahmedone

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Quote from: w0lverine on July 25, 2017, 12:49:43 AM

yes, definitely. Invest as much as you are willing to lose and enter the ecosystem. it is different when you own some btc

The biggest thing here would be one of your goals. I can almost guarantee you that any Bitcoin that you buy right this moment or anytime in the near future are going to be worth much more 5 years down the road that they are now. Probably double.

chineseprancing

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For me investing as a student is worth it, because at this point you can help the students to develop the talents and skills together with they earn income. Bitcoin was helpful to the students especially to the students with not enough cash to support their study

600watt

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Quote from: Lemmmy on July 20, 2017, 05:11:22 PM

Hey there. New to the BitcoinTalk forums, happy to be here

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

when you start day trading bitcoin you are competing with: experienced whales, guys with insider knowledge and deep pockets, and many more. it is like gambling, you may win, you may lose.

when you buy bitcoin and just hodl and wait for some years, chances are that you make some very nice profits.

when you start investing in altcoins you are gambling with your possible bitcoin investment. no alt coin has any practical use that comes even close to bitcoin. all altcoins are purely gambling, bitcoin is the only one that has real-life use and therefore it has value.

the forums are full with people that have somehow lost their bitcoin stash due to bad day trading decisions, bad investment into altcoins, panic selling when bitcoin moves down, etc. etc. on the other hand you will find almost no threads where people started day trading bitcoin and altcoins and were able to build up a decent stash this way.

good luck and welcome to the exiting world of bitcoin.

costina

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Quote from: LeoEspansq on July 25, 2017, 03:32:18 AM

Students are very good at investing in the bitcoin, despite its high price. It will continue to grow and bring a good profit that will ensure the future. I think that you should not miss this opportunity.

Yes, most young people on market in current are students want earning money for helps the economic their family. I know 2 young boy very good in make money online with Bitcoin, although still very young but they can earning income $5000-$10.000 stable every months, high than the salary I working outside lol

LeoEspansq

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Students are very good at investing in the bitcoin, despite its high price. It will continue to grow and bring a good profit that will ensure the future. I think that you should not miss this opportunity.

batang_bitcoin

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It's good to invest while you are studying, you've got ample time to study how market of bitcoin works and as well as the crypto currency. This is the best investment that a student will do. You will focus on your studies and your money will just work for you. As the price of bitcoin is increasing, your capital will also increase.

w0lverine

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yes, definitely. Invest as much as you are willing to lose and enter the ecosystem. it is different when you own some btc

sonicwave

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Quote from: nanobtc on July 24, 2017, 06:16:04 PM

Just buy some BTC. Don't try to play the alts, don't try to trade. Hold on to it. You could split up your couple of hundred dollars, buy $50 increments over a fixed time increment (weeks/months/whatever). This is called dollar cost averaging. If you spend it all on BTC at one time, it's easy to get emotionally invested in That Price That I Bought At.

You can wait to see what will be around August 1, because it is possible. Then it is worthwhile to put this money with vodka. Although today the price is still high and should not be bought right now.

nanobtc

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Just buy some BTC. Don't try to play the alts, don't try to trade. Hold on to it. You could split up your couple of hundred dollars, buy $50 increments over a fixed time increment (weeks/months/whatever). This is called dollar cost averaging. If you spend it all on BTC at one time, it's easy to get emotionally invested in That Price That I Bought At.

Pearls Before Swine

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Brother, if it's extra cash to you (as in, you won't be needing it to eat or clothe yourself), then I say go for it. You could stand to make a pretty decent return. Just don't make the mistake of using money that you're going to need. I see a lot of people here doing that. That is equivalent to gambling the baby's diaper money.

Anyone who gets into bitcoin now is still getting in early. That's my official position.

john2231

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I think as a student if you are holding that amount and want to invest it in bitcoin.. better to invest it before the price can be increase more soon.. if you heard the price before when the price reach $1,800+ you already made a good profit today and you already make high profit.
And if you holding even 1 btc you can make almost $1000 because of the price increase if you sell your 1 bitcoin right now when the price of bitcoin is $1800+
So it is worth it to invest if you are just investing in bitcoin but investing in other altcoin i can't guaranteed that you can make a good profit it will be still depends in the demand and supply of altcoin.. but much better to stay with bitcoin..

citizenh-ssd

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Quote from: Spaceman_Spiff on July 23, 2017, 04:07:52 AM

Quote from: investinator on July 22, 2017, 06:49:45 PM

Quote from: Spaceman_Spiff on July 22, 2017, 03:57:28 PM

Quote from: Wexlike on July 22, 2017, 11:50:29 AM

Quote from: Lemmmy on July 20, 2017, 05:11:22 PM

Hey there. New to the BitcoinTalk forums, happy to be here

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

Don't trade. Get a student job and buy Coins every month with your earned Money. That is what I did from 2014 till now.

Solid advice. OP sounds more like he wants to put everything on red though.

OP sounds like he wants to invest not trade? I would say putting his christmas and birthday money into bitcoin is a sound idea especially since it would prevent him from spending it on things he will probably never need anyway. Its not like he is thinking to use money he can't afford to lose as some people have been doing.

Quote

And how much profit would I be able to make within half a year or so?

He is not asking if we think bitcoin is undervalued, he is asking us how much riches he can get quickly.
I am not judging, it is a common attitude (I am quite the greedy pig myself), but it is also the attitude that is most likely to lose you money.

If a person knows how, knows what he wants and knows how to earn, then we here say nothing about greed. Everyone gets what they want. If someone wants to have more, then always please.

Spaceman_Spiff

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Quote from: investinator on July 22, 2017, 06:49:45 PM

Quote from: Spaceman_Spiff on July 22, 2017, 03:57:28 PM

Quote from: Wexlike on July 22, 2017, 11:50:29 AM

Quote from: Lemmmy on July 20, 2017, 05:11:22 PM

Hey there. New to the BitcoinTalk forums, happy to be here

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

Don't trade. Get a student job and buy Coins every month with your earned Money. That is what I did from 2014 till now.

Solid advice. OP sounds more like he wants to put everything on red though.

OP sounds like he wants to invest not trade? I would say putting his christmas and birthday money into bitcoin is a sound idea especially since it would prevent him from spending it on things he will probably never need anyway. Its not like he is thinking to use money he can't afford to lose as some people have been doing.

Quote

And how much profit would I be able to make within half a year or so?

He is not asking if we think bitcoin is undervalued, he is asking us how much riches he can get quickly.
I am not judging, it is a common attitude (I am quite the greedy pig myself), but it is also the attitude that is most likely to lose you money.

Cobalt9317

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I recommend don't invest in scheme and such alike it will waste both your time and BTC for God sake, just hold your ideal amount of coin and see if the BTC is rising to your ideal time to sell it just wait and you will know patience is virtue, I think it worth a while to give it a shot and save some decent amount of coin like 2BTC we will never know.

Topic: Worth investing as a student? - page 3. (Read 2562 times)