Bitcoin Forum

How big can I make if I start investing bitcoin right now? I mean.. in dollars. Actual money. :)

Nobody knows if bitcoin will gain massive value (it could shoot up to 1k-10k$) or it may stay at circa this rate or go down under 100$.
But sadly, we aren't fortune tellers.

If in 10 years time bitcoins are not considered "actual money" then you'll have lost your entire investment.

https://i.imgur.com/gE8hDnY.jpg

 ;D ;D ;D

You can go as big as you wish!
Sell all and go all in.

As with other investments, it depends on how much your put in.
I suggest you invest a small amount now, but nothing you can't afford to loose.

Take some advice from someone who has been involved in this sector for a few years: Until you are comfortable with what Bitcoin and Cryptocurrency is and how the markets currently function, only invest a small % of your wealth. Once you start to get the hang of the markets and see the potential of the blockchain, dip in deeper as your wallet permits.

This is the Wild West of our lifetime, anything can and does eventually happen in the Cryptosphere.

If you're in for the wrong reasons, you better stay away.

weak hands will be crushed in this scene.


thanks in advance for the cheap bitcoin, just let me know when you sell ok?

That is the spirit :)

It depends on how much money you want to invest, with 10$ you won't became rich :)

Nobody can give you an honest answer on this, with the price continuing to change all the time the amount  you could earn in USD can be changing all the time at least until the price stabilizes a little. Best thing to do is invest what you know you can afford and then hold and wait, the waiting is a pain I will admit but you could come out of it a whole lot richer and making a huge profit. It's all about taking risks but being careful.

Invest now all what you can afford to loose, in some years you will be happy about this decision.

For sure. Buy some BTC and hodl.

As long as you have enough money, and don't take any action which exceed the current market value of Bitcoin, you can.

It depends on the money in your hand.

Yes dont take loans to buy BTC

Good advice!  :-X

Good advice.

Also OP, think about what you mean by "actual money". Look at the actual nature of the euro or dollar or yuan. What are they backed by, if anything. What is the purchasing power history of each.

No one can tell you the answer to your question because no one knows. It is all speculation based on use, supply, demand and adoption.

I think this one should be shared to every newbie there is.

The goal is to be able to buy anything you want with BTC so you dont need to cash out.
BTC will be 100K in 10 years or so.

I agree with that. But maybe at that time, BTC 5.0 will survive.

So is it advisable if I buy btc with my own money?

lol, whose money do you plan to use otherwise?

I could not agree more. Whatever the investment NEVER invest all of its assets in a single operation!

What do you mean? Actual money or actual Dollars? To invest in Bitcoin you must agree that Dollars are as much actual money as monopoly banknotes or toilet paper.

yup, but noone is going to invest everything.
i believe that owining 20 bitcoins is a nice number to have one day if it breaks upwards,
but on the other hand, its a gambe and could very well fall also, making you loose that money.

No one can tell you your risk level.  A single bitcoin could be worth a lot in the future or worth nothing.  Many people believe it has a ton of potential and will be worth a lot, but there are no guarantees.

If you are not sure, think of it as a lottery ticket - it either is worthless or pays off a lot.  But whether or not you should put money into it, that only depends on whether you could afford to lose it if it came to that.

My own take is that I think bitcoin has a lot of potential, a lot of uses, and a great future, but that there are always risks.

:-)

I think this is a good way of looking at it. Buying bitcoin is likely a gamble. it is far from a guarantee that it will rise in value over time and it historically has been very volatile.

You need to keep a close eye on the next generation of Cryptcoin. Jump onto it if you think it could be a good replacement of BTC if BTC fails.

So all of you are saying that investing now on BTC is not advisable?

Depend on what level of risk you can tolerate, you decide how much of bitcoin you want to invest. Only invest the amount you can afford to lose.

It depends on many factors:  Your risk tolerance.  Your time frame.  Your own thoughts on how crypto currencies work and their potential etc.

If you intend to hold for a week or month, investing now is probably not good since bitcoin has been volatile historically - although volatile with a long term upwards bias.  If you think that it has a lot of potential and you are thinking several years down the road and can afford to lose it all (always possible), then that is a different story.

I think that everyone who is responsible here wants people involved who come in with their eyes open and willing and able to look at the situation and decide for themselves which is what many people try to get across here.

The ones saying "SELL SELL SELL" are not often credible, likewise the ones saying "BUY BUY BUY" without any reasons aren't either.

Only invest the amount you can lose.

You can make as big as $1000 per btc or as low as $100 or even nothing..

with price now , maybe in dec 2015 you will get 100% from your BTC investment
now range price is 350-400.
for me , i believe BTC will hit 800 next year.

I think so.

If prices break down below $339- which I think could happen, I'd look out below.

But as a speculative investment, it's interesting and has good long term potential, percentage wise I have no idea what kind of return to expect from these prices.

Start day trading and you'll start to see slow but steady returns.

Dollars aren't money, but just a currency.

how can BTC will be over 1M $ if blockchain so slow?
for fast buys i do not see BTC as good option.
i like POS coins. but i do not like that there is no physical option.
i am simply waiting for a dream coin, revolution coin.

You can made a lot bitcoin from gambling
But, be careful  ;D


And you need to prepare big amount of money/bitcoin to start  :)

current bitcoin prices are down, as well as its delayed first if you want to invest, if prices rise bitcoin, please you to invest in bitcoin, this time you should first collect bitcoin until the price goes up. you can collect through the bitcoin faucet faucet that gives bitcoin-free ...
hopefully you immediately invest and get as many bitcoin ...  ;D

right now price is low, i'm pretty sure that in the next years it will grow up, at least a bit.

Only don't invest more money that you can afford to lose.

For the time being, BTC is just an investment, not much use. So invest wisely.

 ;) Just hold tight to the treasure someday U be like  :o

Since bitcoin is not an investment vehicle, I would guess you could lose most of your money in about two months. But it could go much quicker!  ;)

See all the threads here with people crying about how unfair BTC is? They are former "investors", ask them.