Bitcoin Forum

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

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.

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

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

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

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..

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.

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.

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.

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.

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

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.

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 ;D

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.

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 ;D.

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.

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

 

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  :)

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.

if you buy now , you can make a good profit after the halving ! , it's a good investement to do because the bitcoin is falling in those days .

Why not, the price is ideal to buy, before few days the price was +200 and comparing with that time i would suggest you to buy, but whenever you invest in something there is always a risk of that investment, so don't expect a great profit in few days, it can take few months or more to get a little profit or if you are lucky make even ROI if the price doubles.

Invest only that money what you can afford,observe the price,there is deep correct now,my opinion is that maybe btc price will pass 700$,but 740$ is max for now,price is one time again below 620$
If will fail below 580$,next support level is 520$
Be carefoul

Well It depends on you man but if you'll ask me ill say yes. It is a great time to buy now because halving is near. I think it will rise again but there's a little possibility that its price will drop a little before rising.

Looking at the price now, I'm pretty sure that it goes down for another couple of days.

I'll just wait now and see what happens.

You can try to only buy half of your money and see how it goes. So, it will not going to be wasted investment.
But if you are planning on long term investment two to four years yes you would perhaps earn a lot from that amount.

Maybe just for the weekend, but then Monday back up.

If I was you I would start with buying 0.5 BTC, and from there look where the market is going. If the price goes down you will be able to buy another 0.5 BTC at a lower price. That's what I always do. I buy in several steps, and I sell in several steps. That way I always benefit.

thats true bitcoin price has dropped a lot during the last few days and the price is really low to be honest right now, i hope that the price is going to bounce back again in like a week

i think that investing that much money into bitcoins right now is a really great idea because it would allow you to earn a lot of money in a few years just for holding your bitcoins

Hmm, maybe tomorrow I'll buy 0.5 BTC then. Just as a starter.

I've also got my eye on some altcoins which are now dropping in price. Of course this is more of a gamble but maybe this is better with a smaller amount like 0.5 BTC instead of 2.

Or is it a bad idea to put some on altcoins?

I hope you bought already because if you got in on the bottom you will already be in profit.

This set of words stands out to me - For me, this is kind of a huge investment

So on that basis you shouldn't do it. Put in an amount that's not gonna hurt you if it goes down. If you can earn it back easy enough then that's a different matter but nothing's guaranteed here and maybe you shouldn't be listening to anything people tell you. Learn some more and make your own decision.

i afraid to buy bitcoin now because price is changing so much and  i bought  2 bitcoin 2 days ego  but i lost my money because bitcoin price  have lost twenty percent till now and i felt so sad because if i buy  yesterday bitcoin my money was not like that i just say it was bad luck

I hope too but if you have not bought yet I think it is a good time to buy since I think bitcoin will increase again.

I hope you did. IT seems we already bottomed out at 540 and we are now going to start climbing all the way up to 700 territory again and we'll test waters there.

Yeah, I bought in for €100,-.

I'm gonna think about it if and when I'm going to buy a bit more.

All investments have risk, bitcoin can go down. I expect rising on prices before halving, but you need to know that you can loose too. Never an investment is 100% safe.

This is not a big investment at all. It is a very small one.

And yes you should.

if you have bought it yesterday the price is already more than $100 up so you could earn $100 for each coin that you have bought only in one day but also if you have bought bitcoin a little while back above $700 you could have lose as much too.

so it is important to understand the risks and if you can accept those risks and speculate the future of price bitcoin is a very good investment.

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 ::)

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.

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

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.

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

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.

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.

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 :)

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.

Okay, I'll just wait till the weekend and buy 0.5 BTC.

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.

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

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.

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

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.

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

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.

It is better to buy the bitcoin now at the current price. In 6 to 12 months, the price of bitcoin could be $1000.

I didn't see any major price increase since last two month. the bitcoin price is pretty stable. even Halving also went up but no changes on bitcoin price.
If I were in your place, I would not buy this time since this is really risky and the chance of loosing is also same as wining.
so it is up to you know how much you can afford. this is like gambling honestly.

To say this is risky. Nobody knows this.
If you have researched bitcoin then you should have a feeling where the price could go. Based on that you should decided to either invest in bitcoin or not.

Since it is your money, it's your responsibility to research.

If you are a long term holder then you can afford to buy at any price as every one is sure that price will be much higher in future giving best returns.

I agree ,yes its is better to buy bitcoins now it is much better than the bank that have interest for a long time .bitcoin is a bank and a good investment although €1000 euro is a big amount .

You will need some balls of steel to do that!
I would tell you to go for it if you have the above^! Good luck Buddy!

The risk is that the value may go down. The good news is even if the value goes down it will still go back.so when you purchase that big amount you should not sell when price is dropping which is rare event for bitcoins.So purchasing that huge amount is not a very scary idea to bitcoins. Purchasing now is the best thing to do.

If you havent bought your bitcoins last month, my advice is to dont buy it now, the price is very fresh and it may down making you loosing some part of your investment, soo i wouldnt buy it now, maybe at September when the price should readjust to its value.

Yes of course if you want cash out in a long period this is the best choice you can do !!!

doesn't matter when you buy bitcoin whenever you get in the train is not late.

I think it is not a risk to invest that much in bitcoin as you will within a few months get a good profit from your bitcoins, so go there and enjoy bigger profits.

Yes of course. With one bitcoin to most likely be priced at least 1000$ in four years, below 1000$ that's still wise.

Investing €1000 in bitcoin is not a huge amount with it you will get two bitcoins, there are people who are investing €1000000 in bitcoin and still they do not feel fear.

it is not huge if you are a millionaire ! . everyone can only invest his extra money and this varies from one to another. and I do not think that there are people investing 1 million in bitcoin without any fear ! of course there is a risk involved and it is normal to have fear

1000 Euro is already a huge amount for people that don't have the capabality do build a business and make himself rich. So I guess you still need to put yourself into wise decision but in my opinion it is a good choice if you convert it to bitcoin.

Buying Bitcoin is a gamble. And when it comes to gambling, you should never risk more than what you are willing to lose. If you believe the price of bitcoin will be higher than what you buy it for AND the amount you want to invest is an amount that isn't going to devastate you in the event that bitcoin doesn't pan out in the future, then yes, buy.

If your risk tolerance is low or if that amount, if you were to lose it, would make you want to kick a dog, then no, don't buy.

If you can hold for a year, and or not forced or will not be forced to sell it any momemt in the future, any time, or at least anytime the rice is under 1k is a good time to buy.
Else I would avoid it or wait for a better moment to 'buy in'

I would say yes, but you have to wait for lower prices to be more secure. I believe in the long term prices will rise.

i think you are right about the price predictions, im definitely buying my bitcoins right now in order to make more profit in the upcoming future, i think it will be great

When you say gamble, everything is gamble.

But the ones that have more favored odds then a casino game is a way more better gamble with a higher outcome then just playing dice.

So the levels of the risk of gamble shouldnt be entirely frowned upon which you make it appear to be.

There is a small risk around bitcoin current price as its a fresh value that might not drop, but you should wait atleast 1 or 2 months to see if the community will support this value, after that sure you should buy your coin and be able to hold this investment for some months if not 1 year.

I do not agree with you. buying bitcoin will not be a small risk. everything is possible with this markets and prises go up and drop down with in a minutes with 10% or more .

yes this is huge investment too for me and have high risk too if you buying bitcoin but this is good for long term investment however my questions is do you actually have €1000 or you only just asking because if you really have it why currently you enrolling secondstrade signature campaign this is pretty weird to me

I don't know if you proceed and bought bitcoin with that amount,but if you do this is a wise decision the experts are very positive that the halving will increase the price of Bitcoin but always recover your initial investment I;m not saying there's no risk but you really never can tell ..

Compared to other investments, bitcoin is less risky if you hold it for the long time. The price will rise in the long term.

Yes I do have the money.

I don't understand why it is weird to enroll a signature. I'm posting a lot on this forum, why not make money out of it?

i think that it would be definitely a safe investment, of course the price might drop but there more chances to grow

No No, do not wait that much, as the price now is much better to buy at low, and after one or two months the price will be more up relative to the current price, so to get the real profit you should have to buy today so that you do not miss the chance.

i think you should buy bitcoin quickly ,its time to buy bitcoin because bitcoin going to rise up more its price too much faster and a large number of people buying bitcoin and hold it for increasing its price in huge amount ,and i hope so that bitcoin will be more strong and powerful currency in the future .

You can do it but I do not think that it is much you will not even get more then 2 whole Bitcoin but it is a something.
It is better then nothing so I say that you should do it because the price is only going to get higher.

If you think the bitcoin price will rise in the next few years, it is better to buy now, the price is still cheap.

I would honestly say invest if you can afford to lose. Bitcoin is great thing and has good potential to change way we use to transact, price of bitcoin can touch $10,000 in future.
That’s what I believe but I cannot be 100% right, in fact no one can. Don’t invest everything if you can’t bear the possible loss. Your investment could give you 1000%+ returns or even -100% returns so research before investing. I have my investments in bitcoin because I have deep belief on this technology, but you should come up with your own research before investing even a penny otherwise it would be as equal as gamble.

The bitcoin is too risky. It is better to invest just a small proportion of your wealth into bitcoin. Then you might be rich.

At the moment you get a decent entry price into bitcoins. Of course there is risk involved but you get 20+% returns if you hold them long enough.
The best thing you can do is not to buy all coins at once. Better buy them over time and try to get a good average price on them.
Look at this investment as a long term investment. If you might need the money in the near future I would not go for bitcoins, just keep it in your savings account. You won't get any interest but atleast you are flexible with your money.

If you after buying BTC, will invest them - you can make profit. For example, you can invest in safe BTC cloud mining or Forex. I do not suggest to invest in gambling, because in gambling you can loose very fast without deep gambling knowledge.  ;D

Nobody can give you a guarantee that the price will rise.
And if you accidentally send it to a wrong address, well, gone is gone then.
So, if you buy bitcoins, use just as much money as you can afford to lose.
If you can afford it, I would buy now. Because, if that recent hack could not drag the btc price down, what will?
The eth/etc fork effects are slowly fading away as well.
This makes the environment on the crypto market more predictable again, and will at least stabilize the price or even rise it.

I honestly would not buy Bitcoins for 1000 Eur's, since I would not afford to lose any percent of it. But If you can afford losing, you maybe should buy Bitcoins. A price rise is not guaranteed but you would have good odds for a profit, since the price is slowing going up, with some falls but mainly higher and higher.

The bitcoin price is trading around $590. It is very cheap price to buy now and hold for the next few years.

We had to buy when the bitcoin was another $ 560. Even now, when it is $ 30, plus it's benefits. And if the wait will be longer.

its a voilent market and if you blindly take huge investments risk then that type of actions are no profit that will only result in loosing all your money.first research the market then decide to invest or not by thw way do not invest now wait atleast 2weeks

Bitcoin has potencial and it will grow over the next months soo if you had invested on the low you are already in proof, if not well just wait the results will come.

just buy it it would be a great investment

I think while prices are still low bitcoin. and you already know and predict that prices will continue to grow into the future. why do not you try to start to collect and buy some bitcoin. the current price is still relatively cheap. because it is still under $ 600. Do not waste this time dude

i think if i were you i would buy it because the price of the bitcoin is going to grow in the future

many people are predicting that prices will reach $ 1,000 bitcoin again in a few years. sometime but I also believe that the price someday. will definitely be back to $ 1,000. So before that happens, and especially at this time prices have decreased. seems like buying now is the right time

O/P

As long as your 1000 euros are not money that you NEED anytime soon (or, that you can afford to lose), then, yes, buying BTC is a great speculation.  Give it time, and do not become discouraged, at least so discouraged that you might sell at the wrong time.

I agree with the general idea here that BTC price will settle in well over $1000 (maybe even €2000) given some time.

Patience...  And keep learning about BTC!

I think yes
the price will be back to $600-$650
you buy now and hold it few years, your money will be increased.

I hesitantly say that it is a good investment, but don't go buying based off of what I say. It's your money, you do whatever you want to do.

As for the risks, the market is quite volatile, so your investment can go down unexpectedly. If you watch the markets and keep in-tune with the news, then it might be safer and at less risk, but that is a big time commitment and some news doesn't reach your first. Also make sure to read up on security procedures to keep your investment safe. I recommend you go read some articles on the risks of Bitcoin mining.

You are the only one who can decide for yourself.  If that €1000 is just an excess or an extra then you can invest it in buying bitcoins.  You may also want to spend it on some investment like buying stocks or mutual funds.  We never know how long or what would be the performance of bitcoin in the market in the next days, months, and years to come.

just do it. everyone knows bitcoin is legit to invest.
because of the price is fluctuative, you can just hold it and wait for the good price to sell and make some profit.

Bro There Is Only One Risk Involved In It That If The Price of Bitcoin Goes Down Then You will Lose Your Some Money....
I Suggest You to Buy Bitcoins and Invest Them In Various Projects to Grow your Bitcoins.......

bitcoin can be a good way to diversify your portfolio, but certainly shouldn’t be the only investment you hold.
While it’s a scary thing to say, bitcoin could go to $10,000 or it could go to $0. Unless you’re tracking it carefully, it’s better to buy and hold a small amount with a long-term perspective.

I would have thought that there is more risk investing in bitcoin companies than there is in the price of bitcoin dropping big overnight.
Buy and hold i would recommend,  but also get used to spending btc rather than fiat where possible.

Yep, make sure that those money are excess or just for the investment and that you would not mind if its gone.  Investing is a risk but a risk means income.  Since we knows the capability of btc price, if it goes well as time goes by, you might be the luckiest guy. 

The price of bitcoin per piece is still high. Better wait for it to drop its value so you can have more bitcoins and keep it until it rises. Im sure in months or weeks the price will hike. This is also risky coz you cant predict when it drops or rises its value. Keep bitcoins is investment but i suggest you to invest it to a reputable investment sites so you can still earn while waiting for its price to rise.

I do not think the bitcoin price at $590 is high. It is undervalued by 20%. The fair value would be around $700.

Exactly, and I remember a another rule in investment "Do not out your egg in one basket." meaning you diversify it. Aside from bitcoin, you can invest in stocks and bonds,Equities etc.

Definitely Yes, but only if you have the capacity to hold it for a long time like 7-8 years. Otherwise the amount is really huge to invest.

Bitcoin gives a really nice return for long term only. If you are thinking of investing for 2-3 years, better choose any conventional investment like bank deposit or mutual fund.

That is right. In the short term, the bitcoin could go down. We do not see any news to drive up the price very soon.

One bad news is that the bitcoin.org cannot make sure the bitcoin core client on its website is the right software.

You are doing very huge investment, so be ready to take huge risk, But in my point of view, now bitcoin is going down, so better is that buy it and hold it, because in the end of this year, bitcoin would be go up, than you should sell your bitcoins, in this way you can make a good profit and also without any hard working.   

If it is kind of a huge Investment, i think you must be cancel it. Because in Investment there are high risk you must manage it before you make Investment and make sure make Investment with you can lost it. And The risks of making Investment is you can lost your money.

The risk of investing 1000 is that can happen the worst scenario losing 20-30% but I think the price does not crash deeper, another scenario is that you can make a good profit and then try to re invest in bitcoin and or in altcoins with a smaller amounts.

But this is very time consuming and there is not guarantee that bitcoin price will 100% go up at the end of the year. this is also possible that bitcoin price won't go up but go down.. bitcoin is completely unpredictable and no one knows what will happen here next.
and the second problem is to being hacked. most wallets are not safe and hackers attacking anyone here.
need to be very careful before doing that big investment.

yes buying bitcoi now the price under $600, nect month potentially bitcoin rise to $700

I think it's better to wait 1-2 weeks and if the price of bitcoin still stable or going down, just wait until it's not going down anymore and on that time you can invest all your money into bitcoins.

buy at the current price is very good if it holds for the long term, let alone buy in large amounts. this will be worth in the future, because I'm sure at least bitcoin prices in the future will be higher than the current price.

I think yes.
its time to buy bitcoin, the price will be increase few weeks
my predict the price of bitcoin few weeks is $600

The risks are that Bitcoin price may plummet any moment, and you get stuck with your bitcoins and paper losses. If you don't know how to play, better not to play at all. If you still want to play no matter what, the obvious answer is to divide your funds and buy in parts, one part at a time. As a fool-safe approach, you can try using the dollar-cost (http://www.investopedia.com/terms/d/dollarcostaveraging.asp) averaging strategy...

In your case, it will obviously be the euro-cost averaging

You should go with your plan, the risk is there but the reward is more appealing, that is investment and risk is always associated to it but I can tell you, your chances of making a good amount of money if you will help it in the long term is bigger than the spotted risks.

thats right though i even doubt that you would lose that much money, in my opinion i would definitely put that much money into bitcoins

I personally would wait for the price to continue falling further and wouldn't rush things just because the hype is there. Patience pays really great, mate. Also, this is investing 101. A question that you should keep in mind before buying is would this entry point give me a large margin for profits or no? Bitcoin is risky, and anytime, it can fall hard, so the smartest thing an investor could do is to wait for a big price crash before proceeding on buying. You don't want to be stressed on checking the price very often if you bought on a high price, eh?

I think the risk if you buy that large amount dont deal to anyone personally just buy bitcoin that the site is well known and high trusted
So that you are far in scammers.. also the risk if the price of bitcoin will decrease instead of increasing.

Go on and face the risk.

If people can afford to spend that kind of amount then just go on and buy bitcoin at their preferred rate. You choose bitcoin investment in the first place so you must be ready after pulling your trigger rather than worried about the risk associated with your chosen investment.

If the price will going down you will lost amount of money if I'm the one who will invest that amount I will not just save it and waiting for the price to go high, I will use it to trade atleast to earn daily profit trading btc to usd or other currency and altcoin.

you have to take risks. any time is the right time to buy bitcoin. you can take advantage in the future. but in the future bitcoin prices can also be decreased. it is a risk because each investment must have a risk.

If you plan to invest for it in the long term then I would suggest that you go for it because price of bitcoin is fluctuating nowadays which means you can't really speculate where the price is going unlike fiat currency. You will not be in panic in case when the time after you buy the coins the price suddenly drop because of an unprecedented event causing it. Waiting for it to go back up and even pass the previous high is possible because bitcoin is becoming popular and many investors also are investing into it making the price go up.If you want returns in your money immediately then you can still buy bitcoin and hold it for short term but it is I think riskier than holding it for long term. You can also do gambling using bitcoin you bought but this is very risky because you might lose everything in a few minutes if you become greedy or complacent.

Is anybody here reading the thread instead of the opening post and maybe first page only?
OP started this thread June 22nd.Price at that time $660 to $675.
Then on June 25th he wrote that he bought 0.5 BTC.Price was almost the same as on June 22nd.
However it was a smart decision to just buy in partially as he knew it was right in the middle of a downwards correction with the assumption the price could continue declining.And if not, well he already would have bought in and could enjoy an increase.
Maybe he already bought even more as price had decreased even more.

Investing in BTC is the same as invest in High Tech Stock , so you risk high fluctuation of price and if thing goes bad, you risk Huge loss.

its not a huge investment at all, you should definitely put that much money into bitcoins if you want to make decent profit in the near future

I wont surprised if you want to buy these huge amount of bitcoin.But what's your future plan of these coins? I mean what do you want to with this coins? I have two suggestion for you..

1)Put these coins on a paper wallet and  wait till the price increase 20% or high.If your luck likes you, you could be profited.

2) If you have knowledge and skills of trading then start trading. Though there's sort of risk but choose thee right place and do it.Be aware of scammers and ponzi.

I think the OP should have updated the opening post. It doesn't make any sense reading 8 pages of almost total bullshit written just for the sake of increasing post counts. That said, it was certainly a wise decision on his part to buy in parts (as I have already said in one of my previous posts here)...

And then wait and see how the things will unfold

I would have done the same if I had that amount at my disposal. I wouldn't go all in because I know the risks involved. Hopefully, he still has some budget reserved because today's price is still a bargain.

Right now its an excellent time, we are coming from a dip, the dip has already started to face and we will keep seeing an uptrend now until the next bitfinex incident, so since one just happened, it is statistically impossible that it happens again, which means buy trend.

its ok plan but you must wait until price bitcoin is very low
maybe you can buy bitcoin is price range 400 - 500 dollar every one bitcoin
and sell again is next year on end year in range price 800 - 1000 dollar , so under one year profit 100%

How is that statistically impossible, care to explain? There are many sweet exchanges (e.g. Bitstamp, BTC-e) as well as online wallets (e.g. Coinbase, Xapo) out there which both individual hackers and organized hacking groups alike would just be happy to sink their teeth into...

Lightning never strikes the same place twice?

The problem is that you don't know what the price will do.

If you choose to wait for the price to go down before buying, then you risk seeing the price going up and up.

In this case the best thing is to buy with €500 right now, so you at least have some coins, and the other €500 can be used when the price goes down a good bit.

isn't 1000 not even 2 btc i think a bit of a joke, i'm sure you can afford to lose that, so i would do it, especially now that bitcoin seems to have recovered, from the hack and the bad news that were coming lately

for me, the amount is not huge. but if for you it is a big number, and you are quite afraid of risk.
either to buy bitcoin and hold to wait for prices to rise high. with doing this risk is not too high, but you just have to have patience good :)

If you are sure that you have enough money to live after this investment, you can do it, but if you have any doubts about it, better not to.

Putting your money in bitcoin will not give you profit nor you will get anything with it except you will get losses until you realize that its just a money and you are the one how has to use it with other things and grow more money by using this one

i would do it either way, i actually believe in the bitcoins a lot and i think it would make me some good profit easily

huge or not that amount at least he can make a great profit if he buying bitcoin now, in euro currency the price of bitcoin at around 500 and i see the price can rise in this year.

well i think everything might be possible to be honest, it really depends a lot on what the person works

thats true, you can make huge profit in the future if you will buy your bitcoins right now, i would definitely do that

It is A Better Idea To Buy BitCoins Right Now Because the You Can Invest the Bitcoins in Trading Or Some Other Projects Like Casino Bankroll To Make Some Profit Or You Can Hold The Bitcoins You Bought For a Long Time and Sell Them After a Decent Price Increase.....

If you have an idea , for where do you want to spend and how to use it , the answer is yes . Because bitcoin is good way to growing your money and also for investment matter , but if you don't have the idea , better to don't invest it in bitcoin , you can use it for building local offline business.

The price Bitcoin about USD 580. But I recommend for looking at the price now, I'm pretty sure that it goes down for another couple of days. I'll just wait now and see what happens.

If it is a planned investment, which will not compromise your financial life, I don't see big problem. The important thing is to be aware of the instability in the market, the risks involved and invest considering these factors.

There is no problem as long as you are aware of the possible outcome, you only not focus on the positive outcome and you also need to know the negative outcome so you can weigh things better and you are confident with your decision to invest.

Well, we should know the things and consider on the possible circumstances on the future and as an investor then you should expect the unexpected delima that you would encounter along the way. They are right If the money you would plan to invest does not compromises anything then there's nothing to worry but just remember the risk involved.

Don't know whether you bought the coins or not at the time you asked this question, but I can tell you that if you did you at least lost nothing. Bitcoin was around $600 at the as it is now.

I'm pretty sure that the price will rise at least 10% in the nearest fuftre, so don't hurry to sell.

Yeah, the best advice I have read everywhere is to hold the coins if the price is going down and don't panic.

I have bought 0.5 BTC instead of ~2 BTC, which is still a lot for me.

Investment always be risky things but there are some good investment or bad investment
Good means the value always increase gradually over time
bad means the value still unpredictable and unstable so people must re-think before try to invest this option

No, this does not compromise my financial life. Still it's a lot of money so I started with a smaller amount as a test amount.

If you intend to hold long term (as you should) then by all means buy right now and forget it. Trying to wait for a perfect price to enter the market will only stress you. In the long term, it does no matter if you get in at 500 or 1000, because it will be much higher.

If you won't need a 1000€ in the future you can take your chances with bitcoin. To me, you are very late to the party. Bitcoin is stucked between 700$ and 400$ and it will stay like that for a long time. Still, nobody really knows what is going to happen next.

If the Bitcoin price is really stuck in that range, there will be a lot of profit potential to turn into actual profits. I don't mean anything similar to day-trading, but rather more like a once-in-a-month turnover of bitcoins (or some part thereof)...

That would make much more sense (and profits) that the dumb "buy, hold and hope" approach

As long as you diversify enough and if you expect btc price to go up, I believe you could take this risk.

That's a huge money to invest. I'd rather buy some bitcoin and watch how will the market goes for next couple months, instead of buy bitcoin with all that money.
But if you have no problem take a risk for loosing some of your money or maybe all of it, then you could invest your money to bitcoin. If bitcoin price rise up in future you can make a huge profit.

Yea it is good to invest 100o euro but if you want to invest be careuful if you want invest i know perfect site with 10 referral levels so pm me if you want to invest your money withou any risk.

I think the current price range is good buying point and seem like whales are also accumulating right now, so you can buy with whatever you can risk. I think price can rebound above 650$-700$ preety soon from this point.

Definitely, yes especially if you have the time to place some buy/sell orders in the Bitcoin market but if you're just going to hold it to sell it in the future, it's still fine. With this price and the settlement that it has right now, buying is a good thing. We've settled long enough at this price range 570~590$, it's almost as if bitcoin is just preparing for a really big pump. If you do the 2% margin up and down trading technique, you can make a hundred or even more in a day with that much capital.

you are right, investing into bitcoins is a really great possibility to make money and it is not wrong at all, i think bitcoin is definitely going to grow so you should invest your money into it

The OP is talking about buying bitcoins. That is way safer than investing in a referral site.
No sense in getting tangled with ponzis when you can buy bitcoins and see them appreciate.

If you have 1000€ that you don't need on.a long term period and if you are fully aware of potential risk then Bitcoin is good investment for you. I stil see buying Bitcoin as an investment.

for me it is careful. You can save your money in bitcoin. bitcoin price movement today looks positive. You may take several months to feel the benefit. bitcoin will continue to grow.

Yeah, that is something I really want to advice other people if they are going to invest in bitcoins.

The price won't change a lot within a few days, you need to wait several months in order to get a good profit out of it.

Certainly yes, but only if you are ready to invest for longer term like 5-7 years at least. If you are looking for quick return, then I will recommend you no to invest in bitcoin. Bitcoin will not give you any immediate profit.

1000 pound is a lot of money to invest. So choose wisely and make sure that you don't have to sell your bitcoins if the need of money arises.

I think buying bitcoin now will not be a small risk, because everything is possible with these markets and prices. But I still believe there is a good reward-risk ratio to invest in these days.

The OP was planning on buying 1,000 euro worth of bitcoins. Which is still a pretty decent amount of money, though

With that amount you can go in trading alts only if you know the strategies in that field. And investments but I dont know  where and what site is much better if you invest there. But if you will, you can buy at low and sell at high

Yes, it's a good plan to buying bitcoins but not for now. I mean, it's not the right time for me, because the price of bitcoin is stable now and it's better to wait until the price of bitcoin goes down and you can start buy bitcoin.

the risk is very low if you just buy bitcoin then hold and wait for prices to rise higher in the future.

but if you want to grow with investment, always has a high risk. the best choice in my opinion at this time maybe you can learn about altcoin. altcoin investment or trade is very profitable.

Yes, altcoin trading is very profitable. But let's not forget that it is also very risky.

Most of the altcoins are pump and dump coins, so always be careful.

If you think to investment long term dont wait buy it but if you think to short term investment for bitcoin , it can be risky and i can say to you wait and when come to true term buy bitcoin.

Hello,

I recommend to buy coins at face to face over 1000 euros is big money!  :-X

There are many other options to invest that money with better yields and safer models. so I don't know why you should risk that capital into the great uncertainty that is prevailing in the altcoin market. But of course, if you can afford to lose that money, just try it.

You should have to take this risk, and I am sure that you will be more happy with that in the coming future as everybody is of the opinion that the price of bitcoin will increase more in the coming future.

We cannot call it as a risk, as there is now no any risk in bitcoin investment, it is only a good investment for or future , you should have to invest that amount you will get double of it in the coming future.

You should do that, since at this point in time bitcoin is only going up.

I think it's a risk will depend on the thinking of each person, if he is willing to be patient and wait a long time to wait for prices to rise I believe the risk of over-investment in bitcoin will shrink

of course you should invest that much money into bitcoins, first of all it is not a lot of money and secondly it would allow you to make some good money

It's funny how some people say that €1000,- is a lot of money and other say it's nothing.

Well i think that is not required as there are trusted place where he can buy coins with that amount and that wont make him lose anything, or someone also can buy bitcoins from this forum from trusted members, though they are trusted but using and escrow would still be safer.

Buy it, don't think too much about it. Price is under 600$ and this is great time for buying. Face to face, or some local exchanging, maybe with credit card, that depends from where you are. Try to find good price and buy it, don't think too much, everyone is expecting price to go up very soon.

I would give 1000$ if I have it without much thinking about it, price is stable for some time, and last drop was final drop I think. In next couple weeks price will start to go up, and in November, December we can expect some top. At least its my prediction for price movement in next period.

i would definitely do that because in a longer run it would allow all the people to make some money because of price growth

Just go for it man. Has OP bought his coins yet?

Yes, I have already bought some coins. It's 0.75 BTC in total, but I'm also working and receiving my salary in BTC.

You have to value your job that pays you bitcoin because if you can receive constantly you can accumulate a good amount for your investment. Just be discipline and continue to save until you reach your desired amount as for sure you will be rewarded by the profit you will receive in the future.

Invest only that money what you can afford,observe the price,there is deep correct now,my opinion is that maybe btc price will pass 700$,but 740$ is max for now,price is one time again below 620$
If will fail below 580$,next support level is 520$
Be careful

Of course even $20 bucks could be considered big money for some people and imao when ever you enter to the  crypto with any amount of investment is never too late and you will earn profit just buying BTC and holding them to sell when ever price pumps up a bit.
I recommend you to even gather more money to go full on crypto.

The bigger boosts are just started now, you should have to buy as much as possible as I know the price will once again boost up with bigger jumps and will pass $700 within this week or next and will continue to increase. Now the real adopters have started to invest in it.

thats true, to be honest i think that it is better not to invest money if you cannot lose it because in this way you might even become broke

Do  not waste your time and buy bitcoin and its right time to buy bitcoin because bitcoin going to rise up its price too much faster and i am sure you can get a big profit in the near future.

Yeah, if someone will miss this chance to buy now then they will regret as the price is now increasing and will increase more in the coming days, so 1000 euro is a good amount to invest in there as it is sure that now no one lose their money in bitcoins, everyone get a profit who invest their money in bitcoin.

i would also not waste my time, actually im buying my bitcoins right now and i will be buying it in the future as i hope it will grow

better to waiting pruce down under $600 like some day ago

I don't think bitcoins price will go down 600$ soon. because now-a-days,bitcoin price is increasing and I have heard that it will hit 1000$ in this year.So, I think it's right time to buy btc.

One bitcoin is pretty expensive right now at $612.9 so I don't think that you should buy. Right now may be a good time to sell, although the price is rising right now, so it's up to you if you want to buy or sell, but I'd say wait until the price of bitcoin lowers so that it becomes cheaper to buy.

It is expected that the price of bitcoin will increase more higher in value in the coming future so we cannot say that it is the time to sell and those people will feel a great lose when they will find the price of bitcoin increasing more in the coming months.

You can always try, but it's really big money and you should use it wise, better to think and calculate your risk, maybe you should not spend it.

Probably yes, because euro currency is the highest currency in the world if you convert it in our currency which is philippine currency it is approximately 50+ pesos. And all and all 1000 euro multiply by 50 pesos is equal to 50,000 pesos that is a huge money you can make a small business in here.

As I would say on such occasions, it is always the right price and the right time to sell as well as to buy. How come? If you have a lot of bitcoins, you may want to sell a tad of them and buy back if the price goes down. Conversely, if you have, say, a lot of dollars you may want to buy some bitcoins and rebalance your portfolio later, at a higher price. This scheme is working if the long-term trend is pretty clear, and you can just wait the bad times out if things go awry somewhat...

Otherwise, you will be missing out on almost every opportunity to make a profit

I agree. The price of bitcoin in the future will increase so it is now the time to buy a lot of bitcoin and hold it and wait until the price goes up. If that is your reason then it will be nice but if other let say you will invest on HYIP sites its a no no.

We can never know that actually if where the price would go after this, it might grow higher or it might drop a bit again, so investing is always a bit risky if you are planning to earn profits for a short term but if you are investing for a long term then just be patient and you will get your returns surely.

I'm not really a fan of doing this right now, I recommend you to wait with buying bitcoins these days because of the fact that the bitcoin has a good future but not so good to be honest, I think that its better to just wait on a lower amount so you can also buy more bitcoins in one time plus you also will make more profit.
Just be patient and wait a couple months.

Its a lot of money but I would also wait, what the guy above my is saying is just so true, I think that you should wait on a better time, the price has to lower a bit more to say you can buy safely.
If you buy now there is no guarantee that you will make profit.

Certainly yes, because bitcoin seems like a good investment as of now. But instead of putting 1000 pound in one go, divide it into small investments which is called systematic investment plan.

Divide it in to 10 small investments of 100 pound each and take 10 months of time to complete the investment. It will save you from many risks. Then average out the amount and then hold it for longer term like 5-7 years to get a good return.

If I were you I would do it. Because there's a 8 out of 10 that the bitcoin will hits up again in a high rate. We just don't know when, but most of us is patiently waiting. Taking the risk is the key, how could you know that a person loves you too if you're not gonna ask her or tell her right? It's just like that taking the risk is the key to achieve something that you really wanted in your life. Only cowards don't take risk and I know that you're not. There's no harm if you do it dude. The sad thing is that you didn't try at all.

That is right. The bitcoin price will rise a lot in the future if there is good adoption of it as a kind of currency.

At this moment you are not going to buy much with only $1000 because the price for one Bitcoin at the moment is already $600.
But you should still do it because I am sure that you can make a profit with them.

It depends. If you can miss the money then I'd say it's a very worthy investment to do cause bitcoin will increase in price.
If you can't miss the money at all dont do it. But if it's savings its better to put into bitcoin then onto the bank I think.

Definately. The bitcoin is a good long term investment. If you hold it for the next few years, the price will double.

The risk of that is obviously if the price of bitcoin drops you might lose some money but what i think is that bitcoin will grow higher in the long run so the people investing now or invested before would be under profit later on.

I would have invested in part bitcoints and some gold.

If i were you, i will not go all in buying €1000 in bitcoins. It's better to play safe, maybe you can invest half of your money into bitcoins and the rest you can keep it for emergency use.

Your sound shows that you have a lot of money, and if you wanna buy 1000 bitcoins, So take a big step and buy the big amount of bitcoins, and believe me bitcoin never give you lose, and now it is best time to buy it, because now bitcoin has a stable price, and i want to suggest you, recently coming months bitcoin price would be go up, so let start your planning.

Its 1000 euros hes planning not 1000btc, hed have tohave some amount of cash if he wanted to buy up 1k btc. After receiving a letter from my bank today about my interest rates lowering from 0.5 percent down to 0.05 im actually considering going all in on btc myself, The gains are far larger as long as we dont take any massive steps backwords.

Yeah that would be better to have a back up plan if one plan is failed, so investing all the capital wont be a really good decision though bitcoin is a growing asset but still playing safe is always a better option.

I think the OP never tell anyone after making this thread whether he even bought it or not...
This thread was made in June, and we are still asking him to buy or not... :D
Though, if he still has the money remaining, then the right choice would be - Yes, go and buy bitcoins as the price will surely go up because we have already passed halving...

I think your decision is right. Buying Bitcoins nowadays could be profitable, especially if you look for long term holding, because most likely the Bitcoin's price will rise highly soon

Yes, its good decision. €1000 worth around 1.5 BTC nowadays , but as the price is rising fast may be 1.5 BTC will make €2000 or so soon, so its profitable.

It is indeed very volatile price bitcoin. so it could just happen, but wouldn't it before doing it must pass where we have to look at the needs that must be met in our lives..??. for if we rashly in wearing the money, then it will ruin our lives

well yeah in my opinion it is actually the best thing to actually invest your money into bitcoins as you would make some profit

Follow your guts your your heart say if you really believe in bitcoin then you should buy that money into bitcoin there are more potential tbat you can grow your money here in bitcoin world by trading  investing and many more you can do it you know already what to do buddy

nope i think bitcoin current price can be fairly low. I'm sure the price in a few months the price will be more than $ 600 or even $ 700
so I suggested a bitcoin buy now

Thats true, follow your guts or instinct but you may have a clue already here. Most of the people here says Yes and its probably a favorable answer. For is yes also if its your spare money. In the long run, bitcoin is appreciating and the best time to buy is always NOW.

That is right. After doing good research, you might find the bitcoin is very useful and have good potential.

At this moment he can only buy 1 whole one of so it is not going to do much But he can still make a profit with only one Bitcoin.
If you already have a couple Bitcoin then you should do it to at more to the stash.

I agree, researching is the best approach if you want to know something about bitcoin.  I do  that before i get myself involve with cryptocurrency.  And the thing that I know is that bitcoin is really one of the ways to improve people's life because it offers cheaper transaction and new horizons of opportunity to us.

Investing in Bitcoin is always good decision. You know best how much you can afford to spend for buying and how much money you can risk. Because there is a risk of price volatility but on long term you can't lose and therefore my answer is yes, buy Bitcoins for 1000€ and invest for your future.

Right now, it's a really great time to invest. The network is still wary from the Bitfinex hack, but once this wears off I expect a steady rise.


Don't be so sure. Investing during the buildup of the halving is dangerous, as it's almost all hype.

1,000€ are not a large amount if you live in the EU countries and risking them I would consider OK.
But if your total savings is 1,000€ then I would risk only half of them and see if there is any profit that you wanted then I would continue.

I think that it is way better to buy now because the price of the Bitcoin is now still at $600 so you can buy more Bitcoin because it is cheaper.
You should buy now and wait for the Bitcoin to rise to $1000 so that you can sell for that.

In which country do you live? If you don't know the average salary in your country then you can search it on google and get all information about your country finance.

Is €1000,- a lot of money? Sometimes yes and sometimes no, it is a lot of money if your monthly salary is 150€ - 200€ but if your salary is 2000€ - 5000€ then it isn't too much.

Buying bitcoins or not is your final decision but when you answer the questions above you can conclude yourself if it worth risking or not.

For me that amount of money is a lot, but since I am a gambler myself I am willing to risk that to bet for the future of bitcoin. I believe this is the best opportunity for us to invest in bitcoin since the price is increasing which means the demand is increasing.

If you want a safe to buy bitcoins, select 2-3 normal exchange, sign up there.
Then buy bitcoin on each exchange in the amount of not more than 50$. Then look at which market You like with her then and continue to work. Buy bitcoins in small portions, not more than 5% of your capital. For example, looking to purchase bitcoins for$ 10,000, in this case, the stock exchange make no more than$ 500, buy bitcoins, then withdraw to your bitcoin wallet/address. As soon as bitcoins are received into Your wallet and start to exchange the remaining 5%, and so on. Only keep bitcoins in cold storage! Especially when it comes to investments (in long). THAT'S ALL! The maximum amount you can throw those 5% of the amount. And if You still throw on that amount, then just stop working with this exchange, go to another.

I think if you buy now, you will probably make a profit in a few years. However, with the recent increase in price from around $600 to $640, you might be able to get a cheaper price if you wait for it to drop back a little.

Waiting  for bitcoin to drop its  price a little on bitcoin would  take  time though because as we observe that it almost stabilize its price on $600 price point in how many  months  previously thats actually the best time  to  buy though  and for sure this time you could already  enjoy 5%  profits on your bitcoin.

Yeah it's something that might be long enough for the eagerly anticipated. Because usually the bitcoin will decline after there are many stock bitcoin and halving the time when it is finished. Usually after there is halving the decline bitcoin happens after 8-10 months. So that's something that may happen

Bitcoin wont go down a lot more, expect it to reach once again the 500 dollars, as happen in the past, but dont expect it to go very high or lower then those since with bitcoin is something no one can know and trace where it will go.

Just as expected this  price dips  would  really happen  after  the halvening  event because  we  somehow observe bitcoins price  on  how  many years  regarding when theres an event. It really depends on the adoption though. Back to OP, 1000 euro is  already big  amount which  you could  put into bitcoin.

If you are going to buy Bitcoin then I suggest that you buy now because if I am correct the Bitcoin price is only going to rise from this point on.
The Bitcoin is not going to get any cheaper then it is at the moment.

If I have that much money, I will not invest it in Bitcoins. The reason for this is because it takes too much time before the price of Bitcoin increases. As you've seen for the past couple of months, the price has been stable, then it will increase, become stable again, decreases maybe, then become stable again. This "settling" pattern takes up too much time.

I think you should invest it in other stuffs in the real world. You can set up a business using that money. And after a while, the business might bloom and you'll get back your capital and the only money you'll be using as capital in the next years are just the money that you have earned from the business itself.

If you can hold the bitcoin for 10 years and the price double every two years, that will be a lot in that period.

Don't do what others will say, listen to everyone but do what you think can be the best for you, everyone will give their suggestions but at the end you will have to take the decision, and like everyone else i would probably say yes as well because i also feel that it really can be profitable to invest in bitcoins.

That's right and its still a good time to buy bitcoins as price has not reached on the roof yet so if you can manage to invest your money at current price then it will allow your to make good profits in future.

The price of the bitcoin is still very low. Not many people in the world heard or own the bitcoin at the moment.

Do it as soon as possible ! Then put it in a cold wallet and forget about it for a decade. Then enjoy : your money has been multiplied !

Forget about it for a decade? Would you expect someone to suddenly remember about it after 10 years? If I were to do that, I will not forget the fact that I have some bitcoins reserved for the future. Forgetting about it for a decade might just lead to forgetting about it forever. Thus, losing capital and potential profit.

Apparently, that's not how it works. It's very unlikely that the price will double every two years. Doubling the price every two years in 10 years will be 685 * (2^5) = 21,920 $. That is not realistic at all because of this constant hatred and bad reputation that the media is giving us.

Such predictions make no sense altogether. We don't even know for sure that the US dollar as we know it today is not going to disappear soon. On the other hand, even if it is not going to disappear, its inflation rate may spike like it did in the 1970s when it was in the two digits range per annum (namely, the Consumer Price Index):

https://www.ssa.gov/policy/docs/chartbooks/disability_trends/chart53.gif

As it started after gold had been divorced with the dollar in 1971

You know, I did not meant to litterally forget about it :D ! I just meant to let it sit in a paper wallet or whatever you'll like and don't touch it : don't invest it in ICOs, don't gamble with it...

Putting in paper wallet and considering of not touching it is like you are opening a time deposit in a bank but what is more beneficial with bitcoin is that you can earn more interest compared to putting your money in the bank. You can prove that by the recent price increase.

With the recent rise in Bitcoin's prices, it would be better to buy the 1000 Euros of Bitcoins now rather than later.
Although he has probably made his decision already at this point, it would of probably been ideal to have bought this at the beginning of this year rather than now.

Go for it only if you're sure that you're not going to be impatient and sell it. Make sure you don't need that money for a couple of years or even a decade. Holding your bitcoin is a good investment for people who are not an expert at something, have no time to establish his own business, wants to have a "passive income", and for people who wants to have another source of income instead of just putting their money in the bank.

Yeah and investing in bitcoin is anytime good but to be honest I feel that current price is bit high to buy bitcoins as it may fall down in coming days so its better to wait for a while and wait for the price drop as if you buy now and if price crashes then it will bring loss for you so its better to have some patience and take decision accordingly.

It will not bring loss to you if you don't sell at that time. Nobody's forcing you to sell at a lower price. I think that most people that have the same mindset as yours are the people that lose the most opportunity. You can buy right now at 700$ range but you're still waiting for a "dip". What if we never dip at this price range? What if we continue rising up? Then you just lost more money.

I think buying bitcoin at the time that you wanted is actually okay. You don't have to wait for a major dump before you buy. Bitcoin will always rise up over time so don't mind if you lose some potential earning.

Personally, I would hardly dare such a comparison. Even if all other things are kept the same (money appreciation and depreciation rates, before all), with time deposits in the bank you are guaranteed some interest, so that you will have a greater amount of the currency you opened your deposit in at the end of the day. With Bitcoin, you will have exactly the same amount of bitcoins, obviously, no matter how long you may keep them. In reality though, Bitcoin price may plummet a few times as quickly as it could spike. In this way, an interest earned on a bank deposit has little to nothing to do with Bitcoin volatility...

Which seems to be the proper term to use here (instead of "interest" as you mean it)

Looking at the price chart, I guess there is a 80% Chance that you will gain profit from it plus the amount that you are investing is really huge so expect some good profits from it  ;)

Of course there is always a risk in everything but the people who takes the risk  are the ones who succeed.
If you are still unsure, You can just lower the price of your investment

Yes  €1000 is a lot of money, for me at least, but if you can afford it you should buy those BTCs as soon as possible. I'm not saying that you will profit big time soon, but if also you can afford to wait several years you might profit big, yes.

for me, €1000,- is a lot of money and i don't know how long i can collect that amount. and yes if i have that amount, i will buy bitcoin and gold and make bitcoin and gold as my new investments. it will give me a big profit by having both in my hands.

Can be spelled out it would be very beneficial but with a high risk. If you believe you can do it, and if successful you will get many benefits because if fluctuations bitcoin increase the sums previously will be more and grow. Bitcoin fluctuations decreases the risks if you will suffer a loss. But according to my bitcoin prices will increase so you will certainly benefit. Due to fluctuations in bitcoin has increased.

Yes and if you want to make higher profits then you need to hold them for a very long time but if you are satisfied with quick and small profits then try to take advantage from each and every fluctuation that you come across as that's the better way to make profits instead of holding them too long.

Yeah but with that big amount i think it's best to purchase btc now and then hold on to it.  Btc is continually rising and i think you'll be one happy guy when the time comes that you can let go of it already

actually this is bad descion to buy of uro 1k money to bitcoin . because it is the time at which the price of bitcoin ia very high and still ia looking to remain stable for one week .
so you need just wait for some weeks  .

It's never a bad idea to buy bitcoin and hold long term. If you are patient enough, you will end up with a lot more purchasing power.

$1,000 is a nice round number, so is 10 years. In 10 years, those $1,000 could be $100,000, it's worth the shoot.

That is it, when he buys bitcoin worth that amount and leave it for the next decade, then that amount must have turn out to be like 100,000 to 1000,000 for sure because there is every likelihood for such thing to happen as the price of bitcoin keep rising day by day and getting adoption by serious minded people, it seems.

Forgetting about it it’s not a good idea since you could actually forget about it and never recover those coins, the value of the coins could multiply that is true but with no way to access it then you will be in trouble.

Oh yes, the main thing not to forget the password to the wallet. Then it will be certainly successful investment. Still not too late to buy Bitcoins.

I agree it is not late to invest in bitcoin.  Bitcoin has a lot of potential to grow.  Actually there is a lot of room for the growth of bitcoin especially its development and  Price.  If you invest right now, and the development of bitcoin finds its way to decrease confirmation time, then there is a possibility that your money will be 10 fold.

Yep it’s not too late; personally I will not consider it too late until bitcoin has been around for a long, long time, since bitcoin is still relatively new then there is still the opportunity to earn a good amount of money in the future.

If you believe that the price of bitcoin will double in the next 12 months like it did in the last 12 months, you should buy.

I agree with the others. I do not know if you had already bought but if you don't and still have the money I am sure that is worth to make such an investment. Now, bitcoin is sufficiently mature. Volatility is due to international facts and is something everyone has bιtcoins will never avoid. It is like gold. When there is crisis people search for a safe environment to put their money like as gold and, now as I believe, like as bitcoin.

Well buying bitcoin now might result into something like an extra value at 2020 of 40-60% more the current value, its up each one to risk fiat into bitcoin, even knowing it has potencial to grow and will achieve those at those period if not before. If i have a way to buy bitcoin i would had done those last year, but i were forced to use my credit to cover others bills.

Buying now is always good as the bitcoin is getting more valuable in the years to come, but you must have your targeted amount so it will be easy for you to sell in the event you hit your target.

Yes go for it! It will rise more and more in the near future! If OP did buy that much bitcoin at the time he posted this thread, he would have been rich by now. Bitcoin turns out to be a great opportunity and investment. I really wish I had known it alot earlier in my life.

The thought is absolutely correct. If we can use the bitcoin in the right way, then it would be a bitcoin tool to make us become rich just by saving bitcoin. It all is not a promise of sweet but it all is the fact that indeed we can do, just need enough money and a patience then to become wealthy in the bitcoin is the way that it's easy.Just do the best then it will produce a good thing also

I would say yes! If you buy 1000 euros in BTC now, soon, when the BTC price beats $1000, you will make 25% profit easily. It means increase your 1000 euros into 1250 without any effort. It's a good profit option on medium term. Good luck with your investment in Bitcoins!

€1000 is a big investment into bitcoin, also it seems to be the right time to invest if you're in need to make some additional earning. Based upon the regular fluctuation users can grab at least €5 to €10 profit through trading.

Yes, That's a Huge and more than enough investment in bitcoins. Bitcoins can considered as a good investment. Years from now bitcoins may be popular as a star. Bitcoins is also potential to grow more and more. If you buy now and the prediction came true that bitcoins may reach up to 1000 dollar per BTC then you are lucky if you have buy bitcoins at lower price. If I have that capital, I would not think anymore or even have a second thought to invest on bitcoins.

It's a huge amount but make sure you can afford that amount to invest. There's no easy investment here although in the past we have seen people are very successful particularly the early adopters, but this time there's more risk as many have interests with bitcoin already. I do believe the price will increase but your investment should be what you can afford.

Although the price of bitcoin is now trading so high, but still I think it has good potential to increase more.
I can say that still it is good time to invest as the price continuously increasing and it is expecting that this time it can easily cross the all time all price of bitcoin. So, I think we should not waste the time any more.

It is quite possible that the price will be around $800 later this months. It could be even $900 next year.

I think the results must have changed during all this time the poll was on. Not btc is rising but I think $750+ is too much if we consider buying bitcoin. Wait for some time, I think it can still drop to $500 or so. Well, I guess I'm not adressing the OP now, he must've already made his decision, but those who are now thinking about similar things.

That is funny saying BTC is to much, that should be rephrased to 'it is to much for you' not thousands buying everyday. It will not drop to $500 and to think otherwise is crazy.

1000 $ for a long time not such a big amount for a people, and that knowing all the twists and turns and the battles over bitcoin, I think it was worth to invest thousands of dollars or euros, of course, the cost of it is designed for use in every day, but talking about investing more than 1000 e ( e.g. 10000) to bitcoin as an investment product has its own volatility should be approached with caution

I dont think that is a good idea. We can't predict the price of bitcoin and also there are no guarentees that bitcoin will stay longer. You can buy bitcoins but not so much €1000 in bitcoins is a slightly huge money.

I think its a little bit late for you to buy bitcoin. The price of bitcoin right now is really high. You should have buy some bitcoin when it recently crashed. Just be patient. But if you are really excited. I think you should buy some altcoins and sell it when it pumps the price. Theres a lot of cheap coins out there. Just be careful when choosing altcoins. You should study about the coin you are going to buy. You can trqde it to btc.

If only you had done this earlier you should have being enjoying your investment by now otherwise there is no wrong or right time to buy bitcoins
So if funds are readily available buy the bitcoins now

He can't do anything about it if he did miss the previous dump. He can't go back to the past. Waiting for the next dump might even be a bad thing because there's a possibility that it would pump even more and when the time comes that there was a crash, the price would even be higher than when you buy right now. He could've made profits at that time already.

But anyway, the same thing can be applied in altcoins if he's going to invest there. I wouldn't exactly recommend buying cheap altcoins as most of them are already a scam. I would suggest to invest in new coins, though. Try his luck and if see if he's lucky.

That is right. It is better to buy now.

In that scenario of planning to invest with new coins, the better way to do it is to participate during the ICO, take advantage of the bonus offered as that can be considered as profit when the coins are release in the trading site, but always perform cautions in everything that you do so you will be able to manage the risk very well.

no i don't think you should sell your bitcoins, that would be very dumb move now

That's why there is a trading wisdom which says that it is always the right time to buy, just stick to the trend. Even if the trend changes direction, you just sell and buy at a lower price later. If you are not sure about the price going lower, just don't sell everything (and just don't buy everything either if you are equally unsure about the price going up in the first place). In respect to altcoins, I don't think that the same thing can be applied to them, at least not to the majority of them which haven't been around for some time. All these altcoins are essentially pump and kick the bucket coins...

And I'm not sure about the pump part at all

but if you could really cant decide you could actually wait till bitcoin drop its price, but do you think the price of bitcoin could actually drop down? that's a big question its too risky when we're talking about money but still bitcoin is bitcoin we all know that investing on bitcoin is profitable but its still depends on how bitcoin will grow.

That is a lot of money that you are putting it in , my advice if you are new to the bitcoin and want to invest in it , try investing a small amount first and try to see how things go for you if you like it or not ? , if it is something that is worth it ? , a lot of people just sees something that is as rewarding as bitcoin and they straight put their money into it without even knowing what it is and what are the risks or the problems that might face them.

Well as the saying goes no guts no glory. It implies that big profits are earned by big capital at risk. So if that author wishes to earn big then he will invest big. But if he will ask me he should only invest half of his money on bitcoin. I believe that bitcoin is at the age of growing strong and increasing in price. We need to savor this opportunity or else we will no longer enjoy the inflation.

What he can do for now is to look for a better investment if he is not contented of holding his bitcoins for longer time. There's more way but the more we get involve in active investment the risk gets bigger so as the reward, we just have to manage our investment fairly then.

1000 euro is not an aweful lot of money to me personally but it is a nice amount of money and you should think carefully before investing at the top ;)

Currently it will make sense to buy such amount of bitcoins as it will yield dividend as BTC is on a constant rise for some weeks now; personally I have a few 100's but purposely for trading and gambling.

why you think people never learn first before investing?. people aren't that dumb that investing their money randomly like that, they will always learning what it is, talking or even requesting some advice like what happen here. if it is about holding whether small amount or big is the same,and if everybody always thinking like you maybe bitcoin's price will not as high as now

So first, about the pool, it depends of everyone. For me it isn't a big amounts but for some it is. That's better if it is because if you earn 250€ with that you'll be happy while I wouldn't person all be.

Secondly : go ! Buy as soon as possible, and sell as late as you can. If price drops don't care, because it will always go higher after the following halving.

Yeah you are right mate. Halving always boost the bitcoin price into the sky without limitation. If you can be able to keep your Bitcoin in about 20 years, you can be rich, I can ensure about that. As long as Bitcoin keep survive, its price will go up no matter what.

 i say yes its really good idea to buy bitcoin because bitcoin increasing its price too much faster and there is a lot of people buying bitcoin in huge amount and then hold it their bitcoin for higher price when price rise to higher value then they start to using bitcoin.

Uh there are much things to say on your topic. But first of all I would like to know - did you really bought bitcoins with 1000€ or not? Because of I see you posted this thread half a year ago. If to compare June and December bitcoin almost didn't change the price haha but between this two months bitcoin changed it's price with high falls and ups. I think it's not late to buy bitcoin with 1000€ even now, cause the price going to rise more.

Yes, becouse if you want to grow your money, bitcoin is really potential for this. But there are still some risk in bitcoin, it is a new concept of payment system and the price is move so wild, you can get so many profit or suffer a financial lost. I also suggest you for only hold your bitcoin until the price rise or if you have a skill to do trade, you can do it.

You don't have to sell when the price decreased anyway. People that are going to invest their money by holding bitcoins should be aware that it would take years before they can get serious amount of profit. Otherwise, they'll be panic selling when there's price decrease. I'm sure that there are some bitcoin holders out there that sells their coins when they see a huge price decrease.

The people that are in it for the the long haul doesn't even care about this price decrease because they know that bitcoin will eventually pick up and continue to rise. Whatever happens within the years that they hold bitcoins is nothing to them since the only thing that is important is the price of bitcoin at the time they bought it and the price of bitcoin at the time that they are going to sell it.

This is true, at least for the moment, I speak from experience.

For example, last year, the price of bitcoin dropped from $600 all the way to $200. A lot of people were really scared, and there were a lot of topics about "the death of bitcoin." Some people even advised me to sell my bitcoins. Now, I'm glad I didn't, because the price is now $785 at the moment and is probably on it's way up.

what is your minimum attainable price and what is the price you are expecting and at what price you are willing to sell the coins.I will be glad to sell off my coins if i am earning a good profit and it all depends upon at what price i entered.

I hope you buy in July .... Did you buy at end?


The drop from 600$ to 200$? Maybe it was related to Mtgox / after Mtgox scam?

For sure OP is looking for a cheaper price, and this thread was created June 216, so it's almost half a year already and I guess by this time he have already enjoyed what he bought during that time, the price seems really great as of today.

Dude there s no risk in it .just buy bitcoins with all these money and sell it within 3 months .it is the best .profit will be reasonable and u l enjoy investing it again in the near future.

Wait until BTC drops to 500$.

If it ever does ;)  I'm not taking the risk.

I would not really take the risk too because if bitcoin price would drop like that then it means theres a problem on bitcoins ecosystem because if we do base on bitcoin current price we are already on the high price and I cant believe that it would do such drop down and would able to go back on $500 price mark and the possibility to dip even more would be possible too and most bitcoin users will surely lost its trust to bitcoin and panic selling would be there.

Taking into account the recent high prices observed during this rally, any amount invested in bitcoins during previous weeks has been highly profitable. And even at this point there are great chances to continue this profitable rally because buying bitcoins is always a good investment in the long run.

Perhaps you need to know first is the early history of Bitcoin and prices from time to time until today. What kind of price movement. You can learn from there.
No investment is without risk. Want a small result, investments with low risk. If you want a great result, it is an investment with a very high risk.

yeah, probably he already bought bitcoin worth 1000 euro on that time and he already gained a huge profit from that . he created this poll way back June 23 of this year and as I can remember the price on that time is only between 477 euro to 570 euro so if he really converted 1000 euro to bitcoin for sure he already have enjoyed this time ;D .

I think you have the correct time to buy now bitcoin.Currently,bitcoin is around 900$ and experts predicted that bitcoins price will hit upto 1200$ in this immediate year.So,it's a very good chance to make good profit In short time.So, I will tell you to buy bitcoin now.

Dude that might take some time now because the price is up $400 then what you are saying and i don't think the price will drop that much so early, though it is possible because if it can grow early then it can drop early too but hopefully that wont happen.

Bitcoin is better investment in long term, if you could wait until the price hit $1500-$2000 in 2017, that's great, but consider it as your savings too. You won't ever loss in hoarding bitcoin, just make sure that you know how to keep it secure in order to prevent hackers or any kind of scam, offline wallet is the best option imo.

it is too risky to buy bitcoin because when the price is not higher than when you buy it, you will lose price of some coins.

when the price is high. I recommend you to buy bitcoins on that fiat price when the price of bitcoin is down. I think bitcoin price is not so high in March-May. you can buy bitcoins on that months. just see the price before buying bitcoin.

Yes should do that. It is better to buy bitcoin now becouse the price will always rise, except you know chepeast prise of bitcoin in 2017. Although there is always fluctuation in its price but the tren is always rise.

in my opinion yes , bitcoin is real invesment ..
do not afraid just little risk if you save it for few month i believe it's will profitable...

This thing could be the hardest part on which we are making a decision on when we should buy bitcoin because we wont know if the current price would be the lowest price on next year or should we wait a little bit more to see the possible lowest price as of now but i dont think that bitcoins price would drop back again too low.

Well I surely hope he already bought it. The price is really high now. Well high enough that I can't afford it. Oh well, I've heard that YoBit is giving away free coins, guess I'll just try that and play their dice game.

Maybe if you buy bitcoin now it does not matter because for some time in the future prices will continue to rise, but the risk is that if price drops. Because now the price is still on top so there is likely to be dropped. If you want to hold till for many years probably was not a problem which is important to strong with fluctuations and be patient. But it would be better if you buy bitcoin when prices are down. Because when prices rise and on top again, you will get the maximum profit. Try to imagine, you buy 1 BTC for $ 500 and you continue to hold up to 1 more year. If the price in the next year increased to 1 BTC for $ 1300, you can imagine how much profit you will make. That's just my opinion ;)

Have a look at thewww.granco.in (http://www.granco.in)  if you want to invest for the future

Why to sell bitcoins now is dumb now? The price is high - time to sell. I think such high price attracts hackers who wants to get mullions of dollars with some easy way. So this moment is dangerous, cause of in any moment can happen some new big hacking.

Hacks turn out to be good buying opportunities as of recent

So if some major exchange like Kraken or Bitstamp (or Bitfinex again, though I don't know if it counts as a major exchange nowadays) gets hacked, and the price plunges to, say, $700, don't hesitate to buy back what you sold at $900 per coin. In respect to selling right now, you can always sell a little and leave a little just for the case the price continues to climb. As I said before, we can only know it retrospectively if the price was high or low. If the price hits the $1,000 mark tomorrow or in a week (which is quite possible, to be honest), today's prices won't look really high

Because the price is only relatively high, it is indeed high compared to 3 months ago, but this isn't even an alltime high, so sure you can sell now, and make a decent amount of profit, but the people who are going to be making real bank aren't the ones selling..

Soon bitcoin will probably go through the roof, If we just follow the current route we're on,  with bitcoin getting more popular every day. (+1000BTC). That is why you're better off waiting a bit longer.
Also it is not like hackers are only attracted in hacking huge services if the prices are high, they always want to. even if the price is low, for example 600$ Per BTC, they still make millions.

Yeah, Don't take any hesitation on buying bitcoins from ranging 700-800$ because it is low compare for the price now and you are right also that we need to sell some of our bitcoins so we can secure some of our profits and just wait for another opportunity to buy cheaper coins and sell it for a higher price again. Buy low sell high ::).

that is right. hacker will take what they can take and only if there are some bugs in a website and it's vulnerable then they will trying to steal this. hacking is not about clicking a software and all the data or money will appear in your monitor but hacking is depend on the vulnerability of a website so better for you to search for exchangers which have good security

Buy and hold has been the way to go since the crash from $1,000 down to $250 2-3 years ago. When btc was at $250 2 years ago you had to know it was just a matter of time until it was going to hit $1,000 again. Buying from $200-$500 was a boss move. Keep holding. In two years expect $2,000 but not sooner than 2 years.

It's the easiest way to make profit this time, we have seen how the price of bitcoin improve for this year, so one must realize that it will continue to rise and investors will continue to make profit.

Next year, the price could be doubled to $2000 or even higher if we can have 8MB block size to accommodate the transactions.

Big block size is good for on chain transactions.

No, it isn't that much money. One really hard-working guy, even without any qualification, can earn that in just one week in a rich country. Now it is even less than the value of 1BTC, so since 1BTC isn't that much money (yes that's a good amount of money but not a fortune, and not that much finally), I consider it now to be even less to be a lot of money !

Well, 900 dollars per coin looks very cheap now. But such prices were thought as high just about a week ago, though this doesn't mean that we can't crash way below $900 (easy come, easy go). It would be particularly interesting (as well as profitable) to see at which point this pump will finally turn into a dump (kinda looks we are going for the second top presently, if you know what I mean). It seems that quite a few people had got fooled into this rally expecting it to end sooner rather than later, and ultimately became cannon fodder to the market and those who are manipulating it...

There can be only few

yes, i think we can sell our bitcoin for this time because the price is high. but if you buy bitcoin in $900, you only make profit like $200 and for me, still its a big money. for now, i think €1000 equal with 1.xx bitcoin and if you think that you are fine with the amount of bitcoin then you can buy now and hold it for a while.

The price is already $1160. It is better to hold again.

IF OP have really bought bitcoin way back when he posted this thread and even months before that, Im sure by now he is smiling and had a huge sum of profit from his €1000 investment. Don't hesitate OP to rebuy back again if you feel like it when the price dumped you can just buy the amount you have sold or you can go all in with what you have gained from selling now. I just hope that you have left a little amount of bitcoin that you owned since there is a possibility that it might go up or down again.

I guess you have the best answer now OP. You have lived to tell the story; one year ago since you posted  this question I guess the pumps and increases after halving has at least quadrupled your initial investment at least.

As for this days Iam not sure if it is the right time to buy some bitcoin, pretty sure you can get a better opportunity in some weeks.
Patience brings the roses (proverb)

It seems a very good inversion  8)

€1,000 is not a very big amount for me. But I don't know about your situation. If you are a student or someone with outstanding loans, then I would advice against investing in Bitcoins. I agree that the exchange rates have increased by more than 400% during the last 12 months. But some of the analysts are saying that there will be a major correction very soon. So be careful.

Analysts always say that there will be correction, recession, market collapse, the bitcoin price can't sustain itself etc.
But they also said many times that real and 'true' price of bitcoin is €2000 or €5000 or €10k - depending on who is behind the calculation.
The reality is - when you buy bitcoin - you most likely will earn money from that investment, not matter how high you bought it, at some point price will be higher.

this is what i also suggest to anyone i know. it is best if people talk about investment in percentages of their networth or something like that instead of saying exact numbers.

there is also a misunderstanding that they have to buy "1 whole bitcoin" and they say it is expensive so we don't buy. which is wrongs since you can buy any amount even $1 worth of it.

why we didn't crush when we were at $600 for example? i don't think bitcoin is only pump and dump at this point it look very solid and stable, if it was like you said it would return to $200 but instead it went very high and it's going even higher, i'm convicted we won't see $900 again, new bottom will be $1000 very soon

I suggest you this:
- do it if this is not your only money, i truly believe btc is going to many changes right now. ETF, regulations, etc. But anyhow is a good investment.
- do it if you think of it as a savings account to invest in future ico of new companies or just buying a miner later on
- do it if you want to make yourself more confident about crypto, i believe this a good way to deal with our fears about digital currencies (if there is any)
- do some research to get the best options to buy, beware of scams

good luck

No. Your time has past to do it.
You do realize the price has not been this high in the history of it's existence.
Don't you? :-[

Valuation isn't cyclical to a degree where prices are required to decline as much as they increase to satisfy laws of symmetry.

It could as easily go to $2,000 and we'll never see $300 or $600 again.

Just as we never saw a $12 BTC again after the price rose above that point.

so what, it will most probably come down to like 1000 usd so it will definitely be possible, the price cannot just go up and never down, it is just how bitcoin works, we are on the bitcoin pump right now, so expect it to drop.

Oh really know?
Where have you been hiding for the lat 4 hours?
This is getting beyond and over the ath high has been broken and it is not coming down.

Party all night long and have a companion with you to celebrate this historic event of going to the moon tonight!

but it's not very comparable, going above $12 is very easy anyone can pump at that value bitcoin and make it not go again under $12, now you need many investors to maintain this value, and the more you go high the more money you need to keep the value

This! Its pure economics, and there is no certainty. The question though was whether he should invest the 1k Euro, and he alluded to the fact that it was a lot of money for him. Therefore, it would be unwise to invest any amount you consider to be a lot for you as you there are no guarantees whatsoever.

I think nowdays people should invest more than ever.
Microsof accepting BTC now, Japan using it soon?

It is true that you can add money to your Mircosoft account using Bitcoins. But the second statement is just a rumor. The Japanese government is not going to use Bitcoins anytime in the near future, because BTC is a direct competitor to the JPY.

Yes! The higher your investments are the bigger your income will be. And i don't think you have to worry about risks right now, the price of btc is steadily going up and you may just be earning a lot already within a couple of days. It's even better if you bought your btcs earlier this month, imagine your earnings now if you did that

Under what rock have you been hiding? Explain these:

Countdown: Bitcoin Will Be a Legal Method of Payment in Japan in Two Months (https://news.bitcoin.com/countdown-bitcoin-legal-payment-japan-two-months/)
Bitcoin Accepting Shops in Japan Increase Drastically, by 4.5x (https://www.cryptocoinsnews.com/bitcoin-accepting-shops-japan-increase-drastically-4-5x/)
20 000 merchants accepting Bitcoin in Japan (https://cryptocointalk.com/topic/52338-20-000-merchants-accepting-bitcoin-in-japan/)

Please don't be, like, ".. but they are not using it as a currency." because no government ever will. It will just be a legal payment method but it will not replace their fiat currency. Fiat currency is very essential to the government and there's no reason for them to replace their fiat currency with bitcoin since bitcoin isn't mainstream yet. But certainly they are starting to accept or already accepting bitcoins now.

I think so. It is better to buy some bitcoin now. It will rise when more people are aware of it.

Nothing special there. Bitcoins are already legal in countries such as Singapore and the United States. The status of the crypto-currency will be legalized. That is it. But you can't say that "Japan is using it soon". Some of the Japanese are already using it, and the latest development will make hardly any difference.

So did the OP bought that 1000E worth of bitcoins back in June? If he did, did he sold or is HODLing  ;D ? He would be now at more that double ROI in eight months  :-*

Microsoft alread accepted bitcoin since long time ago, but more companies in japan have interested to investing more money on the bitcoin startup like bitflyer. And mitsubishi had done it in the past.

If you are thinking of investing in bitcoins then do it today and do not wait for tomorrow. Do not waste time since every time you waste time bitcoins value will keep climbing up and your chance of getting more profit will turn to slim. The only risk in investing bitcoins are the hackers but it happens only once in a while and only to a selected few. I have been on bitcoin since 2014 but i never experienced being hacked or my bitcoin stolen.

Microsoft is accepting BTC but AFAIK it is limited to only certain products and only for citizens of the US. If you live outside US you can buy anything with BTC from them.
Mitsubishi UFJ Financial Group Inc. invested in Bitcoin startup and companies before and nothing really happened. Almost year ago they invested in Coinbase.
They are testing the ground for their own digital currency which will be basically digital Yen backed by their private blockchain.

If you need to ask then the most likely answer is no, while I think bitcoin is a great investment, you are considering to invest in bitcoin without knowing the potential risk, so you are not investing at all you are gambling and even if at the end you make money that will only encourage similar behavior in the future that could cost you a lot of money.

It is as interesting to read what was written two months ago (just short of two days)

And it turned right that I had been right in my "prophecy" (kinda "I told you so"). Bitcoin did flash crash to 750 dollars per coin in about a week after I had submitted that post, wtf. Regarding why we didn't crash below 600 dollars (when we were there), in fact we crashed even below 500 dollars, but that was primarily due to Bitfinex hack (though the price had been declining even before that pitiful event). We stayed long enough (for a month or so) below 600 after that and started to grow slowly (though pretty steadily, without major corrections). As to the question whether Bitcoin is still a pump and dump thing mostly, yes, I'm inclined to think that it is, for the most part. What we see these days seems to be a typical pump phase (said to be connected with ETF approval expectations and hype thereof)

Funny how I just proved your point wrong using facts and links of them and you just said "nothing special there" ::) About the latest updates in the technology we can expect that rich countries like Singapore and the US will have it first.

[1] That's it? It's not a "that's it" thing because the concept of bitcoin definitely is not the same as the government's centralized system. From our point of view, it's pretty obvious that bitcoin users don't want to use fiat anymore and are well-aware of the fiat slavery going on in the system. It's not a "that's it" thing just because you saw Singapore and the US has accepted it. There's far more many countries and all these countries will have different opinion on something as big as bitcoin.

[2] Why? I don't see any reason why I cannot or shouldn't.

[3] Of course some Japanese have been using it. Just like how a couple of people in other countries are using it. Small amount of people using bitcoins in a country don't matter at all since all the rest are still using fiat and aren't aware of bitcoins at all. The latest development or implementation for bitcoin being a legal payment method will surely make a huge difference since it will make all the other Japanese people that something like bitcoins is existing and they can use it. And since Japan is one of the countries people look up to, if they started using bitcoins, other people might use it as well.

Does that mean that you can pay taxes with BTC ?

If yes this would be quite an big step for BTC

I hope you actually took the plunge and did the investment, you would be up for more than double the money. So here you have it, that was an easy way to double your money. Often people ask "how do I double my bitcoins?" this was yet another demonstration of buy bitcoin and hold until it doubles. I just hope you don't sell yet, big things to come into the future.

today is best to sell our bitcoin, not to buying, better waiting price fall to under $500 again in this year.

Definitely yes, it’s value is expected to rise soon. Keeping your money with you won’t help you. Try converting them in bit coins and you never know your money gets doubled. As japan has given some statements on accepting this crypto currency and I really hope this works well for all the users and investors here.

You're dreaming, do you know what time is it? It's bitcoins time and the prices keeps soaring higher across all the major exchanges so if you're yet waiting for it to fall to $500 then you're late and not updated.

The risk would be losing money. If you can afford to do this than it my be a profitable investment, however don't invest more that you can lose (this applies to most all investments). The best answer comes from you or maybe an expert in this area, not random people on the internet.

if you realize that you are fine with the risk then you can buy €1000 in bitcoins but first, you need to make sure that when you buy bitcoin, the price is in the bottom of the price so if there is decrease price for more, you can still buy another bitcoin to get more amount.

So today is March 2017. Around 7 months from op. Did op bought btc worth of 1k eur back then? Would have been more than 40% growth iirc.

Well, the OP was las active today so if you want to know you could send him a PM and ask if he followed through with the idea of investing in bitcoin back in the day, if he did he made big earnings so I hope he did.

if he wants to get more bitcoin. he may not buy bitcoin at one time. I think the appropriate strategy to buy bitcoin is the method dolllar cost averaging, so buy bitcoin on a pre-determined schedule. for example, he bought bitcoin worth € 300 per month, every 1st.
that's my opinion.

If you look at the statistics of growth and falling bitcoin, it is possible to calculate the times when these fluctuations take place every year at the same time. It is in such times, you need to buy a bitcoin.

This is easily done by just looking at some charts and by looking at the historical price of bitcoin, with both of those tools determining if we are in a high point or a low point is relatively easy and we can choose the best moment to buy.

As with any investment, there is always a little bit of a risk. If you are looking to make money in the long term (at least a few years), it does not matter if you invest when Bitcoin is at 1100 or perhaps 1150. I believe that the price will naturally increase rapidly. However, if you are thinking short term, now is probably not the right time since Bitcoin is close to an all time high (so very risky if you are investing short term).

Now is a very good time to buy bitcoins. The price goes down. And you need to wait a bit and buy bitcoins. I'm sure that soon the price will go up again

Correct this is the mistake investors made when they bought bitcoin when bitcoin was in an all time high a few years ago only to see the price fall very rapidly, probably some just accept it the losses and move on while others keep holding in the hope of a recovery.

It still matters since it's your starting point. Supposed that you bought at $1100, and exactly ten years from now, you're going to sell your coins and at that time, the price was just $1200. That's just $100 profit for every coin and $10 profit for each year. It's 1% gain per year.

The price might increase rapidly, but what really matters is the time that you're going to sell your coins and the time that you bought them. Whatever happens in between is irrelevant since you didn't sell at those times. This is why you should always check out the latest news to whatever coin you invested in. Like I said, supposed that you invested at $1100, and after ten years the price was just $1200. If you checked the news more, then maybe you were able to sell at a much higher price in between the time you bought your coins and the time that you planned to sell them.

If the past performance is of any indication, it rises on average 3 times every year. So it will be $27,000 in three years.

It will be a very huge investment tho. But as long as you focused in that huge investment of yours, you must consider everything so that you'll be sure that your investment will profit. But based on the performance of bitcoin nowadays, I think it very ideal to buy it.

I am sure that it will be profitable to buy bitcoins for several more years. The price of bitcoin rasteyi and multiplies our capital

Not necessary true. If the bitcoin transaction fee is too high, people will use altcoins to do the transactions. So bitcoin price will not go much higher.

Yes, it is huge investments for me too, if it is idle money you must do it.
 Because if you just put your whealty in fiat money the values will be taken by inflation
not only​ investments in bitcoin but all of instrument of investments are huge risk losing money.

Putting that huge amount of money in bitcoin will help him to earn money without doing anything because even he just stock his bitcoins in his wallet, he can still earn money because the price is so volatile and it almost goes up every time. Investing in bitcoin doesn't mean that it has a huge risk of losing money because if you are a true bitcoin believer and you do a lot of research about bitcoin, you will realize that bitcoin is one of the hottest and safest investment.

That will give you income if the value of bitcoin will increase, and there is no guaranteed income and you are still taking risk
to profit if you are successful. With a good amount of capital, it's good to learn how to diversify, you won't be making much if you will
only let it sleep and do nothing, make an active income and learn how to trade.

Yes, you could get profit with that amount. But first remember that it will take a lot patience if you want a huge profit. It might take several years so think about it first.

Many people are attracting bitcoin because of it's less transaction fee only, but you are wrong bitcoin price will increase when the demand of bitcoin price increases.

Yes, the price of bitcoins depends on demand. But this will lead to the fact that the price of transactions will increase. And it's very bad. After all, one of the advantages of bitcoin was that we could pay a very small transaction.
But I believe that this problem will be solved in the future

You should always take the risk to earn big money, but do not immediately risk the whole amount and put it in one basket.

Yes I think it is too much money to invest Ina single shot. You can invest 1000 if you want but step by step and with regular checks on bitcoin price in the market. Why thus? Because this strategy will bring you like crazy profit. Bitcoin price drops every other day and recovers to original price again. When it drops you should buy bits and save them. You can set how much to invest depending on how much price has fallen from the highest peak price for that day. If you do this you will end up with big profit.  :)

That kind of market sounds too good to be true. I didn't know bitcoin's price has a schedule that it will drop its price every other day and then go back to its original price. ::)

Just look at the market, it doesn't move like that and it will never move like that. There's no patterns in a market. It's purely supply and demand. It's almost random but it's increasing overall. A market like the one that you've explained will be spammed by a lot of people since they know how it will move. Sadly, there's nothing like that, especially not bitcoin.

There's no direct relation that in every increase in the price of bitcoin, the number of transactions also increases. Somebody could come in, invest 1 billion dollars, pump the price of bitcoin, but the transaction that has increased is only one. That one time when he transferred the bitcoins to his wallet. The price increase isn't necessarily caused by the demand of people. I think bitcoin is still a speculative asset and it's not built much by the number of users. It's built by the people that love playing with a market that's very volatile.

People always used to caution everyone on the usage of Bitcoins as well as buying it at levels when it reached $1000 before, and thought that after that market crash, it would never recover back but it proved itself back many times as many a times, new ATH had been reached... Thinking to buy or not also takes time, and the time you will take will make you pay even more money these days, so play safe and get the coins cheap while you still can...

Bitcoin is one of the most important security of 21st century. Every person who is interested in investment must go for Bitcoin with amount he can afford. Bitcoin has already shown that it is no longer hollow investment. By multiplying its value by 4 times in last 2 years declare its the best performing asset of last 2 years.

Then I do not understand what the price of bitcoin depends on? After all, many people say that the price depends on demand. And the higher the demand, the higher the price.

1000 Euro is a kind of a big investment, it is somewhere close to 0,89 btc. That can be a really nice amount to start earning with, if you want to invest it somehow.

Let's assume that you won't touch the money at all, after encrypting them and making them secure on a wallet somewhere.
It might still turn out that the returns only by holding the cash at the wallet will be really huge, there is a high chance that BTC price will increase further through the next 10 years.

I dont think we will see some altcoin overcoming the power of bitcoin faster than in 10 years, It is just more likely that bitcoin will still rule the biggest part of the cryptocurrency market.

At the moment it seems to me that perspective increase in the price of bitcoin is, but the future of the Euro is unfavorable. After brexit, the EU has no stability and I do not exclude the possibility of its collapse. It all depends on the time you have to wait for income.

After brexit, the EU has more stability as UK is not there to make trouble.

Always remember that any investments are in risk of ending up a loser and lose your money.Investing that huge on bitcoins may cause you to be rich and be poor at the same time.Wait for the right time to buy bitcoins,the time when bitcoinsprice is on dump and then invest that time

Considering the date of your post, did you actually bought it?
If yes, do you still have it? You must be quite happy with the current value, what's the percentage of your profit at the moment?

For an investment of that size requires a high risk, but to get profit is very much but back again all it is no guarantee the price will rise or not.

This thread was posted on June 2016, when the exchange rates were like $730 per BTC. I don't know whether the OP had purchased coins or not. If he did, then he is already sitting on top of 80% ROI (the current exchange rate is $1,300 per BTC).