Soo, I'm planning on buying €1000 in bitcoins. Yes or no?

[OrangeSeller]

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.

[1714597348]

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[CryptoBjorn]

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

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.

[JumperX]

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

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.

[SilverPunk]

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 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 .

[worhiper_-_]

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!

[groll]

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

What are the risks of doing this?

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.

[Doamader]

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.

[Xmaseven]

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

What are the risks of doing this?

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

[ImHash]

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

[Miss Bitco]

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.

[Skjöld]

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

[Login2Luck]

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.

[coinzat]

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

[Jmild1]

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.

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.

[Junko]

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.

[martinacar]

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'

[bobyhodob]

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.

[pearnapple]

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 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

[mrhelpful]

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.

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.

[Doamader]

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.