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Topic: Worth investing as a student? - page 4. (Read 2562 times)

legendary
Activity: 1292
Merit: 1000
July 23, 2017, 03:23:25 AM
#33
I am a student (Mathematics) and I am investing all the money that I don't need to use for rent/food/utilities. I would rather stake my money on cryptos (and stocks) than to go out partying and wasting my money on club fees and booze.

There'll always be time to party later, and it'll be much more enjoyable when I don't have to think about the money that I'm spending because I'll have so much (even if crypto goes bad, stock investments are great too).
full member
Activity: 249
Merit: 100
July 22, 2017, 07:04:27 PM
#32
It doesn't matter what you are actually what matters is that you believe in the system behind bitcoin. I started with bitcoin, not for gain, but because I believe it's the future,

Now many years later I made some profit but the functionality and goal of bitcoin or crypto in general remains important for me.

Yeah very simple, from a cleaner to a professor, bitcoin is available for everyone. And as a student, I save some money to buy bitcoin from exchanges. I can tell you (the guy opened the thread) to buy bitcoin.
member
Activity: 112
Merit: 10
July 22, 2017, 06:49:45 PM
#31
Hey there. New to the BitcoinTalk forums, happy to be here Smiley

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.
sr. member
Activity: 530
Merit: 250
July 22, 2017, 06:47:45 PM
#30
Hey there. New to the BitcoinTalk forums, happy to be here Smiley

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?

You should do it as soon as possible. There is a possibility that you may retire very rich and even better a possibility that you will retire very early.
legendary
Activity: 1638
Merit: 1001
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July 22, 2017, 03:57:28 PM
#29
Hey there. New to the BitcoinTalk forums, happy to be here Smiley

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.
legendary
Activity: 1120
Merit: 1008
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July 22, 2017, 03:54:26 PM
#28
Yes its never late to invest in bitcoin, if you have invested that $250 last year you could have 10x the amount by now  Wink But you missed it so don't miss it for next year.

Any price under $3000 is good entry point for now.
legendary
Activity: 3080
Merit: 1353
July 22, 2017, 03:54:09 PM
#27
Just put money that you can afford to lose and I think you will be all good. Or you can saved just portion by portion and I'm sure that it no time you will accumulated more than you ever think. But as others have said, just don't do trade otherwise you might lose your money because trading has risk involved. I also would like to say that don't focus on bitcoin but rather focus more on your study kid. I can't say how much you can profit for a year because of the price fluctuations but I guess you will have a solid profit if you are planning to put investment for about 6 months. Specially that bitcoin price is going strong up until in the end of the year. IMHO.
sr. member
Activity: 364
Merit: 252
July 22, 2017, 12:06:53 PM
#26
Hey there. New to the BitcoinTalk forums, happy to be here Smiley

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.

Good advice that has likely provided you with handsome profits over the past few years.

I'd recommend putting some of your savings into Bitcoin, and see how it goes.  There's no commitment with it.  If you change your mind down the road you can always convert it back to fiat.
legendary
Activity: 1473
Merit: 1086
July 22, 2017, 11:50:29 AM
#25
Hey there. New to the BitcoinTalk forums, happy to be here Smiley

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.
sr. member
Activity: 465
Merit: 250
July 22, 2017, 11:20:36 AM
#24
It doesn't matter what you are actually what matters is that you believe in the system behind bitcoin. I started with bitcoin, not for gain, but because I believe it's the future,

Now many years later I made some profit but the functionality and goal of bitcoin or crypto in general remains important for me.
legendary
Activity: 3248
Merit: 1402
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July 22, 2017, 10:19:37 AM
#23
Hey there. New to the BitcoinTalk forums, happy to be here Smiley

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?
I suggest not to invest in bitcoin, especially right now. It is better to wait till the first dates of august and then in case there was no hard fork invest in btc (if the price will be below 2k. If not, I suggest you to invest in other coins, because they are cheaper and have good potential. Invest at least a small sum in dogecoin, it's a very good choice. You may also want to invest into litecoin and ethereum. Good luck and be careful!
hero member
Activity: 910
Merit: 550
July 22, 2017, 09:21:21 AM
#22
it is very worth it to invest as a student. i started investing on bitcoin when i was on college university and i could say that it much better if i put all my excess money on bitcoin because it has a possibility to grow and have the potential to get enough money nor profit on bitcoin. bitcoin is very powerful . think of it i started bitcoin with a price of $500 and now it's almost $3000. wow thats a very big space between that numbers.
full member
Activity: 172
Merit: 100
July 22, 2017, 04:59:34 AM
#21
Bitcoin is good because it can be invested in students and students. I think we should not miss this opportunity to buy coins and keep them for several years. After graduation, you can get a good profit from coins.
legendary
Activity: 1596
Merit: 1011
July 22, 2017, 04:57:35 AM
#20
Hey there. New to the BitcoinTalk forums, happy to be here Smiley

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?
I recommend you to invest in bitcoin now with the amount of money you have. But I see that you will feel comfortable investing after the beginning of August. Currently the situation is still not very stable, it is likely that bitcoin prices will continue to move significantly. If the price decreases of course you will experience a loss, so hold your money and wait until the right time / safe time comes.
legendary
Activity: 1442
Merit: 1016
July 22, 2017, 04:21:42 AM
#19
Hey there. New to the BitcoinTalk forums, happy to be here Smiley

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?

This is no financial advise!
But if you want to invest make sure it's money you don't need, therefore the loss of it does not hurt you!
Bitcoin still is by far the most dominant crypto coin and if you believe in it's future success it's definitely worth a shot!The upside potential imo is incredibly huge!
However don't try to make quick cash with it. You have to think long term, 5-10 years probably!
Quick money ,however also huge loss due to enormous risk, can be made with altcoins.

So maybe try to invest each month a bit of money and see how it feels for you to have a bit of stake in the crypto space.
Beside that study and research as much as you can about Bitcoin etc., so that you understand the deeper discusssions about new updates, features events, happenings and so on various forums and boards. It's definiely worth it and you can just win by doing so, because cryptos are the future.
hero member
Activity: 644
Merit: 500
July 22, 2017, 04:10:49 AM
#18
I wish you ask this question in 5 years ago, then I would tell you that just buy bitcoins and forget your bitcoins. until after 10 years, you take your bitcoins back, you will be the richest man in the world. 


but now, bitcoin met the risk of spilt, and the price is not cheaper for a student, you may can buy 1-2 BTC or more, but it will affect your life quality.
Why not choose buy Bitcoin when have issue? With me, if the price of Bitcoin in next time crash a half price in present, I will buy a huge amount Bitcoin and not miss it as in history and missed. Also, with a student can't buy 1-2 BTC, they still can buy 0.x BTC or 0.0x, just need can they accept forget this amount in long time or not?
hero member
Activity: 714
Merit: 501
July 22, 2017, 03:01:28 AM
#17
if you don't need that money then investing it in bitcoin is a good option.
first learn how to make a cold storage to keep what you buy.
they find the best option for purchasing bitcoin since it can be different based on where you live and how you want to deposit that money.
they buy and transfer the coins to that cold storage.

since you don't need that money then let the bitcoins be there until you either need them or at least a couple of years has gone by. there have been many who bought $100 worth of bitcoin around 2010 and became rich just like that.
sr. member
Activity: 469
Merit: 250
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July 22, 2017, 02:18:57 AM
#16
Hey there. New to the BitcoinTalk forums, happy to be here Smiley

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?

Maybe not invest, but just save those couple hundred pounds. It wouldn't be worth putting all of what you get into crypto since no one knows what might happen. The crypto world is very unstable and I wouldn't recommend going all in.

What I would recommend doing would make some money from this bitcoin thing, but without actually starting with an investment. What courses are you taking? Maybe some of those skills could be helpful to the community and you could charge Bitcoin for your services.

full member
Activity: 219
Merit: 100
July 22, 2017, 01:52:56 AM
#15
I wish you ask this question in 5 years ago, then I would tell you that just buy bitcoins and forget your bitcoins. until after 10 years, you take your bitcoins back, you will be the richest man in the world. 


but now, bitcoin met the risk of spilt, and the price is not cheaper for a student, you may can buy 1-2 BTC or more, but it will affect your life quality.
hero member
Activity: 672
Merit: 500
July 21, 2017, 06:03:21 AM
#14
Sure, any investment in bitcoin would be good since bitcoin has the ability to rise and fall in price. Just keep this in mind, don't think of bitcoin as a get rich fast method or free money, if it was like that pretty sure everyone would invest in it. Instead learn about bitcoin and from your knowledge you will be able to know when to buy bitcoin and when to sell.

Here are some tips when entering the crypto world and investing

1. Do not listen to any FUD about how bitcoin will die, they are just false rumours.
2. Only invest what you are able to lose.
3. Do not panic sell.
4. Consider selling portions of your bitcoin when the price is high and then re buying bitcoin at a lower price.
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