|
Title: Tips for new bitcoin investors Post by: brawdias on April 10, 2018, 11:32:21 PM How much money should I start investing, If I am new to this field?
Title: Re: Tips for new bitcoin investors Post by: forumsehat on April 10, 2018, 11:36:36 PM Investing in bitcoin is very fun and very profitable, if you have a lot of money you better buy 1 bitcoin for the first or about 98 million for the current price, and with the capital of 1 bitcoin purchase you can already feel the result when the price goes up from your purchase.
Title: Re: Tips for new bitcoin investors Post by: batang_bitcoin on April 10, 2018, 11:37:19 PM You have to do your own assessment on how much you are willing to put in. And as you are a newbie, how much do you think is the amount that you are good if it lose? Before asking the amount of capital that you should start, why not ask on what are the good points before starting to invest in bitcoin? But if you have decent background and basic knowledge about it already. I guess your good with $100 as starter.
Title: Re: Tips for new bitcoin investors Post by: pocket_lck on April 10, 2018, 11:50:30 PM For new investors you should not have too much first, just try 10-20 million for now, and if you feel comfortable and understanding about bitcoin and risk, you can add more bitcoin.
Title: Re: Tips for new bitcoin investors Post by: brawdias on April 11, 2018, 12:04:29 AM You have to do your own assessment on how much you are willing to put in. And as you are a newbie, how much do you think is the amount that you are good if it lose? Before asking the amount of capital that you should start, why not ask on what are the good points before starting to invest in bitcoin? But if you have decent background and basic knowledge about it already. I guess your good with $100 as starter. Thank you for your suggestion, I feel like there is always more to learn about bitcoin and I hesitate too much to invest. Not that I am willing to loose money now but I need to just start and see how it goes. $100 seems to be a good amount for me ! Title: Re: Tips for new bitcoin investors Post by: dridinho on April 11, 2018, 12:21:59 AM I have 3 very important advices for you ... 1- be patient ,2- be even more patient than 1 , 3- be more patient than 2 ... that's it trust me it's all about patience .
Title: Re: Tips for new bitcoin investors Post by: iconternal on April 11, 2018, 12:22:51 AM Do not be too much for beginners to invest, and you should first learn about the advantages and risks of investing in bitcoin, and you can increase your investment once you understand the risks and benefits of bitcoin.
Title: Re: Tips for new bitcoin investors Post by: Sudarmoon on April 11, 2018, 12:30:33 AM If you are a beginner then you have to learn more about bitcoin before you take the risk to invest, and the most risk is bubbles, you better invest in a small amount of money first, or some of your money.
Title: Re: Tips for new bitcoin investors Post by: veejay2716 on April 11, 2018, 12:35:28 AM How much money should I start investing, If I am new to this field? Before you start investing try to do more research on the field you want to put your investment in order for you to avoid loose of your money.Title: Re: Tips for new bitcoin investors Post by: franky1 on April 11, 2018, 12:42:43 AM lesson 1. dont risk more then you can lose/live without for a long period of time EG imagine you spend $25 a week on fast food.. ($100 a month, $1200 a year) many people wont care to lose $1200 because in reality that amount just ends up as 52 bowel movements and flushed down the toilet. so lets use that $1200 figure as a yearly investment if the price of BTC appears at a healthy all time LOW, its a good time to buy.. NEVER buy when its near a all time HIGH. next dont have it in mind that you will day trade, and then hold out to only sell when you see 50%+ profit instead notice the charts and you will see there are healthier less risky 1%(~$80) swings happning more frequently/hourly take this week.. prices move from $6900-$7700(10%) in just a few hours so lets say you have $1200 dont throw it all into one order.. risk only 10% per order. (emphasis: dont throw all $1200 into one order) even if you put in $120 at $6900 and sell for $7600. thats $12 profit if you done that 3 times a day,($36).. 7 days a week ($252) within 5 weeks you will have $1200 EXTRA, just by playing with one allotment of $120 why is this important. imagine you bought $120 of bitcoin at $6900.. but then the price went down.. well you have 9 other 'allotments' of $120 to buy at the next cheapest price. so you leave the first allotment to sell at $7600 and then use another allotment at the new low. then set that at a 10% profit point or be even more risk adverse buy $12-$120 of btc and sell even faster at 1-5% variance and repeat more often .. yes it soon all adds up, and your taking less risk because you then have more spare allotments if the price goes down, and your not waiting as long for the price to go up, because your selling at a less higher % again dont think a one time trade for huge profit. think little and often and it addsl up over the year. the total will end up being more than $2400 returns without having to wait for one order to go to $10k-$14k/btc EG $12 with a 1% variance per hour = 24%($2.88 a day from one $12 allotment) or $28.80 profit a day if you have play with $120.. or $288 if you are using all 10 allotments of $120 which over a year.. well only using 1% of your funds ($12) to make 1% rinse anad repeat profits multiple times a day($2.88) =$1055 profit next year.. from just 1% of funds at 1% per trade.. while not risking all of the rest of your funds .. there is alot of psychology involved in it. and also controlling your greed by NOT thinking you can make even more buy increasing either how much you put per order line or increase the % before your willing to sell. many traders if their entire investment is $1200 would never make an order of 0.17btc, and its why you see alot of order lines of 0.0017 or at most 0.017btc (as an example of todays prices and the investment example amount) because many of them small order lines are all one person that split his stash up in short 1. dont throw $1200 into an order and wait a year hoping to turn $1200 into $2400 by waiting for todays $7k/btc to rise to $14k/btc 2. dont throw $1200 into an order and wait for weeks/months for 50% by waiting for $10k/btc 3. buy $120 of btc and sell for 10% high a couple times a day/week, knowing if the price drops you still have spare cash to buy the new discounts or if you want to really day trade(multi trade per day) 4. only using 1% of your funds ($12) to make 1% profits rinse and repeat multiple times a day last lesson. dont forget the trade fee.. if a buy fee is 0.25% and a sell fee is 0.25%.. and you want to do many 1% profit trades(day trading) set your sell price as 1.515% above the price you bought at (as a rough guide) to cover fee costs edit: while writing this the price moved more than 1% in 10 minutes Title: Re: Tips for new bitcoin investors Post by: Gabz999 on April 11, 2018, 12:44:56 AM How much money should I start investing, If I am new to this field? Investing is not easy, you have to do your own research into that particular coin before you put your money into them or before you invest. Like who are those people behind the project and the background of all the people involve in the project.It's up to you how much you want to use money to invest but remember ' Invest what you can afford to loose ' and always remember ' don't put all your egg in one basket '. Title: Re: Tips for new bitcoin investors Post by: Sadlife on April 11, 2018, 12:45:10 AM Every investment has a risk you should consider researching first before investing your money into something that you dont know and end up losing that money and dont invest money you can't afford to lose cause you might, but hopefully that doesn't happen.
Title: Re: Tips for new bitcoin investors Post by: Ade A Aziz on April 11, 2018, 12:52:30 AM How much money do you have that will not be used for primary needs? Take half of the money and invest in bitcoin. Next you have to be patient, be patient, and be patient to wait until the price is at its peak. Do not panic when the price goes down. That's what I think of as a beginner.
Title: Re: Tips for new bitcoin investors Post by: pushups44 on April 11, 2018, 12:53:28 AM Don't invest more than you are willing to lose, and consider diversifying into some altcoins and perhaps other assets that are more stable. Cryptocurrency is very risky and patience is needed to wait out bear markets. Always do your own due diligence.
Title: Re: Tips for new bitcoin investors Post by: Nsync on April 11, 2018, 01:02:32 AM Every investment has a risk
Title: Re: Tips for new bitcoin investors Post by: babyshaun on April 11, 2018, 01:08:30 AM How much money should I start investing, If I am new to this field? 100 $ investment in bitcoin investing is enough. But how can you multiply it? You also do not have trading on the sale of altcoin can double your bitcoin or more. Investing in bitcoin is too long for you to fit x10 but in altcoin you can see that you just learn the traditional techniques you can get on google or youtube to learn crypto currency trading.Title: Re: Tips for new bitcoin investors Post by: Souldream on April 11, 2018, 01:18:46 AM How much money should I start investing, If I am new to this field? 100 $ investment in bitcoin investing is enough. But how can you multiply it? You also do not have trading on the sale of altcoin can double your bitcoin or more. Investing in bitcoin is too long for you to fit x10 but in altcoin you can see that you just learn the traditional techniques you can get on google or youtube to learn crypto currency trading.Title: Re: Tips for new bitcoin investors Post by: Haxor321 on April 11, 2018, 01:43:06 AM How much money should I start investing, If I am new to this field? Well, it depends on your capability if how much can you go for risk. For all we know that in investment there is always a certain risk that people may encounter and I think the better way to do investment is by investing only what is your applicable amount of capital so if ever that you're investment is never be worth it and success it's not cause to your financial asset a very big damage.However, it is good also that at first you may gathered a lot of knowledge about this field before you start involving into it. Title: Re: Tips for new bitcoin investors Post by: MinerHQ on April 11, 2018, 01:45:48 AM 100 $ investment in bitcoin investing is enough. But how can you multiply it? It all depends on individuals because some guys are ready to take a more riks based on their financial background. People should know these investments are very risky so you should start with the money which you're ready to lose. For some people, it may be $10 and for some people, it may be $1000 or even more. But how can you multiply it? You also do not have trading on the sale of altcoin can double your bitcoin or more. Investing in bitcoin is too long for you to fit x10 but in altcoin you can see that you just learn the traditional techniques you can get on google or youtube to learn crypto currency trading. Trading is not so easy just by watching some youtube videos you can multiply your money 10X. There are many experts itself lost a lot of money in trading so at the beginning start with more stable coins like bitcoin and slowly move to other good altcoins. Money making is not easy but needs to put hard work to earn. Title: Re: Tips for new bitcoin investors Post by: PX-Z on April 11, 2018, 01:46:21 AM How much money should I start investing, If I am new to this field? Must better if you make some research first about cryptocurrency specially on bitcoin. Because of its high volatility and unpredictable characteristics, it takes a lot of risk that can be hard for someone to trust with it specially for new investors like you. That's why i'd like to recommend you to just invest an amount that you can afford to lose, to avoid of losing to much money in case of a sudden drop of bitcoins market. Title: Re: Tips for new bitcoin investors Post by: andylioe78 on April 11, 2018, 01:48:37 AM if you have a lot of money you better buy 1 bitcoin for the first and with capital 1 purchase bitcoin you can already feel the result when bitcoin price goes up from your purchase.
Title: Re: Tips for new bitcoin investors Post by: imteaz on April 11, 2018, 01:53:05 AM Don't go crazy with buying frenzy just because the price is low, doesn't mean that coin will make your fortune. Then study, Research, read the forum, read an article, read the white paper, find out who is the team members, what is their product, etc etc. Don't listen to other people, trust yourself only.
Title: Re: Tips for new bitcoin investors Post by: AlekseyBTC on April 11, 2018, 01:56:32 AM Investing in bitcoin is not a bad idea, I only recommend that you educate yourself and look for information to detect a good entry, but do not invest only in one thing, try to find other alternatives.
Title: Re: Tips for new bitcoin investors Post by: HunterBTC on April 11, 2018, 02:27:41 AM For beginners who want to invest in Bitcoin should learn first how the circumstances in the market Bitcoin, the price, how much the minimum amount of good to invest, what if lost profit, and in how to profit that will get it can be maximized according to target investors . Maybe like that for beginners if you want to invest.
Title: Re: Tips for new bitcoin investors Post by: bungutko on April 11, 2018, 03:17:13 AM The best thing to do before you plan to make investment with bitcoin or altcoins is that you should first study and learn the dynamics of cryptocurrency. Don't rush up since you need to build the skills and knowledge which is very important in this field where it involves analysis typically in the market movement trends. Once you had understand fully, then you can start your investment and do frequent monitoring using the site at coinmarketcap for the actual price value per coin.
Title: Re: Tips for new bitcoin investors Post by: ju5510993 on April 11, 2018, 03:21:34 AM How much money you can afford to lose and how much money you have to determine your investment!
The novice recommends starting with a small amount of investment, and you need to increase your investment experience! There is a lot of risk in the digital cryptocurrency market, and you need to be careful! Title: Re: Tips for new bitcoin investors Post by: babyshaun on April 11, 2018, 11:50:51 AM 100 $ investment in bitcoin investing is enough. But how can you multiply it? It all depends on individuals because some guys are ready to take a more riks based on their financial background. People should know these investments are very risky so you should start with the money which you're ready to lose. For some people, it may be $10 and for some people, it may be $1000 or even more. But how can you multiply it? You also do not have trading on the sale of altcoin can double your bitcoin or more. Investing in bitcoin is too long for you to fit x10 but in altcoin you can see that you just learn the traditional techniques you can get on google or youtube to learn crypto currency trading. Trading is not so easy just by watching some youtube videos you can multiply your money 10X. There are many experts itself lost a lot of money in trading so at the beginning start with more stable coins like bitcoin and slowly move to other good altcoins. Money making is not easy but needs to put hard work to earn. Trading is difficult because you need to learn more than just what you want to buy and make sure that you earn instantaneously with good research and techniques about trading so you earn once you get your emotions at the time of dumping or pumping price so we need LOGIC in Trading. Title: Re: Tips for new bitcoin investors Post by: Dudeperfect on April 11, 2018, 04:41:57 PM I am not a great fan of numbers and I never recommend anyone to invest x amount because I believe that it is a subjective term and differs from investor to investor. However, since you are a newbie I would strongly recommend you to investing your time BEFORE investing your money and understand the concept and how the whole system works. Remember, it is not bad to earn speculative gains from Bitcoin or crypto but Bitcoin is a payment system having some more benefits as compared to that of the traditional payment system.
Title: Re: Tips for new bitcoin investors Post by: btc-facebook on April 11, 2018, 04:45:35 PM Investing on bitcoin is risky activity, gold investment still better than bitcoin but bitcoin's profit is greater than gold.
The greater risk provide better profit so it's equal. You must ready for lossing and consider profit as the bonus, I'm usually try to convert my salary about 10% for invest on btc and try to hold it as long as possible. I've manage 0.5 profit with three years of investing ! Title: Re: Tips for new bitcoin investors Post by: SyrulRamadhan on April 11, 2018, 05:01:10 PM as you can. the price is now cheap I think it's good to invest now but you have to be patient to avoid the panic is bad, invest for a few months I think it's better to be patient is the key to profit ;D
Title: Re: Tips for new bitcoin investors Post by: harizen on April 11, 2018, 05:06:06 PM How much money should I start investing, If I am new to this field? Learn first the risks once you put money on bitcoin or any cryptos. Since you are new, take time and don't rush things. Once you understand all the risk associated with these, then you will now know how much money you should put. We have different perspectives and view about the "amount that is willing to lose" since we have different financial status in life. So first, learn the risk then go on actual later on. Goodluck. Title: Re: Tips for new bitcoin investors Post by: Huyenchan1006 on April 11, 2018, 05:12:11 PM You need to thoroughly explore this market before participating in it. Capturing the market is a great way to make profit
Title: Re: Tips for new bitcoin investors Post by: brawdias on April 13, 2018, 01:51:48 AM I have 3 very important advices for you ... 1- be patient ,2- be even more patient than 1 , 3- be more patient than 2 ... that's it trust me it's all about patience . So, just for curiosity, do you think the market will rise up for some reason ( in a future perspective ) ? I guess more people willing to buy when they do some new implementations ( lower fees, faster transactions) ? Or by being patient is just not to "lose my mind" and think things will crash down from a sudden? Title: Re: Tips for new bitcoin investors Post by: kimdomingo on April 13, 2018, 02:11:30 AM How much money should I start investing, If I am new to this field? It is up to you how much money you should invest in bitcoin because it depends on your financial capability. Also, it depends whether you want a short term or long term investment. But i suggest you should go for long term investment if you choose bitcoin. Title: Re: Tips for new bitcoin investors Post by: brawdias on April 13, 2018, 02:13:46 AM Investing on bitcoin is risky activity, gold investment still better than bitcoin but bitcoin's profit is greater than gold. The greater risk provide better profit so it's equal. You must ready for lossing and consider profit as the bonus, I'm usually try to convert my salary about 10% for invest on btc and try to hold it as long as possible. I've manage 0.5 profit with three years of investing ! Thumbs up for that 10% tip. As for other things in life, I believe is better if we keep steady, that way we can be more rational and track losses. I know that for a business, the rent should be at a maximum of 10% of the revenue, and this works pretty well. Title: Re: Tips for new bitcoin investors Post by: 378budiman on April 13, 2018, 02:22:17 AM you feel like there's always more to learn about bitcoin and you hesitate too much to invest. Not that you are willing to lose money now but you just have to start and see how it goes.
Title: Re: Tips for new bitcoin investors Post by: nurilham on April 13, 2018, 02:23:16 AM if you have a lot of money you better buy 1 bitcoin for the first and with capital 1 purchase bitcoin you can already feel the result when bitcoin price goes up from your purchase. a good start you suggest to invest in bitcoin. bitcoin the highest price among other altcoins. a chance to make big profits. and it takes time for what you expect to achieve. prepare yourself to deal with market movements that can go up and down at any time.Title: Re: Tips for new bitcoin investors Post by: brawdias on April 13, 2018, 02:43:44 AM lesson 1. dont risk more then you can lose/live without for a long period of time EG imagine you spend $25 a week on fast food.. ($100 a month, $1200 a year) many people wont care to lose $1200 because in reality that amount just ends up as 52 bowel movements and flushed down the toilet. so lets use that $1200 figure as a yearly investment if the price of BTC appears at a healthy all time LOW, its a good time to buy.. NEVER buy when its near a all time HIGH. next dont have it in mind that you will day trade, and then hold out to only sell when you see 50%+ profit instead notice the charts and you will see there are healthier less risky 1%(~$80) swings happning more frequently/hourly take this week.. prices move from $6900-$7700(10%) in just a few hours so lets say you have $1200 dont throw it all into one order.. risk only 10% per order. (emphasis: dont throw all $1200 into one order) even if you put in $120 at $6900 and sell for $7600. thats $12 profit if you done that 3 times a day,($36).. 7 days a week ($252) within 5 weeks you will have $1200 EXTRA, just by playing with one allotment of $120 why is this important. imagine you bought $120 of bitcoin at $6900.. but then the price went down.. well you have 9 other 'allotments' of $120 to buy at the next cheapest price. so you leave the first allotment to sell at $7600 and then use another allotment at the new low. then set that at a 10% profit point or be even more risk adverse buy $12-$120 of btc and sell even faster at 1-5% variance and repeat more often .. yes it soon all adds up, and your taking less risk because you then have more spare allotments if the price goes down, and your not waiting as long for the price to go up, because your selling at a less higher % again dont think a one time trade for huge profit. think little and often and it addsl up over the year. the total will end up being more than $2400 returns without having to wait for one order to go to $10k-$14k/btc EG $12 with a 1% variance per hour = 24%($2.88 a day from one $12 allotment) or $28.80 profit a day if you have play with $120.. or $288 if you are using all 10 allotments of $120 which over a year.. well only using 1% of your funds ($12) to make 1% rinse anad repeat profits multiple times a day($2.88) =$1055 profit next year.. from just 1% of funds at 1% per trade.. while not risking all of the rest of your funds .. there is alot of psychology involved in it. and also controlling your greed by NOT thinking you can make even more buy increasing either how much you put per order line or increase the % before your willing to sell. many traders if their entire investment is $1200 would never make an order of 0.17btc, and its why you see alot of order lines of 0.0017 or at most 0.017btc (as an example of todays prices and the investment example amount) because many of them small order lines are all one person that split his stash up in short 1. dont throw $1200 into an order and wait a year hoping to turn $1200 into $2400 by waiting for todays $7k/btc to rise to $14k/btc 2. dont throw $1200 into an order and wait for weeks/months for 50% by waiting for $10k/btc 3. buy $120 of btc and sell for 10% high a couple times a day/week, knowing if the price drops you still have spare cash to buy the new discounts or if you want to really day trade(multi trade per day) 4. only using 1% of your funds ($12) to make 1% profits rinse and repeat multiple times a day last lesson. dont forget the trade fee.. if a buy fee is 0.25% and a sell fee is 0.25%.. and you want to do many 1% profit trades(day trading) set your sell price as 1.515% above the price you bought at (as a rough guide) to cover fee costs edit: while writing this the price moved more than 1% in 10 minutes This will bee my go to lesson from now on ! I took my time reading all that and was worth it, very "hands on" approach :) Title: Re: Tips for new bitcoin investors Post by: hsjd569 on April 13, 2018, 02:48:34 AM As a novice, your investment amount is 10% to 20% of your income is reasonable. Knowing the knowledge of Bitcoin first, knowledge of trading will help you a lot. I suggest starting with $ 200 first.
|