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Question: Is €1000,- a lot of money?
Yes
No

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Author Topic: Soo, I'm planning on buying €1000 in bitcoins. Yes or no?  (Read 18041 times)
Taki
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June 24, 2016, 07:02:41 AM
 #41

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.
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Sled
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June 24, 2016, 09:06:33 AM
 #42

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 Roll Eyes
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June 24, 2016, 10:24:12 AM
 #43

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.
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June 24, 2016, 10:50:26 AM
 #44

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
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June 24, 2016, 10:58:51 AM
 #45

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.

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June 24, 2016, 11:12:59 AM
 #46

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?

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
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June 24, 2016, 11:42:09 AM
 #47

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?
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.
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June 24, 2016, 11:56:43 AM
 #48

For me, this is kind of a huge investment, but should I actually do it?

What are the risks of doing this?
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.
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.
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June 24, 2016, 12:13:07 PM
 #49

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 Smiley
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June 24, 2016, 02:58:44 PM
 #50

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.

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June 24, 2016, 05:42:24 PM
 #51

Okay, I'll just wait till the weekend and buy 0.5 BTC.
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June 24, 2016, 06:05:56 PM
 #52

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.
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June 24, 2016, 06:26:19 PM
 #53

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

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June 24, 2016, 08:15:23 PM
 #54

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

 
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June 24, 2016, 08:47:25 PM
 #55

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.
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June 24, 2016, 08:50:01 PM
 #56

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
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June 24, 2016, 10:30:24 PM
 #57

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.
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June 24, 2016, 10:49:29 PM
 #58

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
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

 
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June 25, 2016, 10:52:22 AM
 #59

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

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.
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July 19, 2016, 07:40:34 AM
 #60

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