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Question: Is €1000,- a lot of money?
Yes
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Author Topic: Soo, I'm planning on buying €1000 in bitcoins. Yes or no?  (Read 18044 times)
pandalion98
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June 23, 2016, 08:27:25 AM
 #21

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.
Lucas*
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June 23, 2016, 08:40:24 AM
 #22

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 .
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June 23, 2016, 08:54:26 AM
 #23

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

What are the risks of doing this?

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.
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June 23, 2016, 09:12:54 AM
 #24

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

 
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June 23, 2016, 09:48:03 AM
 #25

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.
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June 23, 2016, 12:10:02 PM
 #26

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.
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June 23, 2016, 07:48:00 PM
 #27

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

What are the risks of doing this?
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.
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June 23, 2016, 07:48:49 PM
 #28

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.

Maybe just for the weekend, but then Monday back up.
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June 23, 2016, 09:15:01 PM
 #29

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.
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June 23, 2016, 10:24:14 PM
 #30

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.
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

 
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Adriandmen (OP)
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June 23, 2016, 10:39:25 PM
 #31

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?
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June 23, 2016, 10:41:08 PM
 #32

I hope you bought already because if you got in on the bottom you will already be in profit.
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June 23, 2016, 10:45:43 PM
 #33

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.
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June 23, 2016, 10:48:10 PM
 #34

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
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June 23, 2016, 10:49:04 PM
 #35

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

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June 23, 2016, 10:50:37 PM
 #36

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.
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June 23, 2016, 11:05:27 PM
 #37

Yeah, I bought in for €100,-.

I'm gonna think about it if and when I'm going to buy a bit more.
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June 23, 2016, 11:09:09 PM
 #38

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

What are the risks of doing this?

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.
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June 23, 2016, 11:16:49 PM
 #39

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

And yes you should.

https://bitcointalk.org/index.php?topic=994411.0 My simple price and metrics analysis
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June 24, 2016, 06:05:29 AM
 #40

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

What are the risks of doing this?

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.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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