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

[groll]

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

What are the risks of doing this?

It is indeed a huge investment.  You should be cautious as it takes a lot of risk.  But if you manage it correctly you would be happy to know that you made a good decision.  When you risk big you will likely to earn big and lose big.  You should invest something that you are actually prepare to lose or meaning you should risk something that you can afford to lose.  That amount of money is not a joke, you could buy some investments or mutual funds or something to grow your money. 

[TraderETH]

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

What are the risks of doing this?

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.

[n691309]

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

What are the risks of doing this?

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.

[OrangeSeller]

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

What are the risks of doing this?

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.   

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.

[SpiritOfLife]

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

[23dzmaz]

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.

[safari88]

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.

[cokkapaga]

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

[deisik]

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

What are the risks of doing this?

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 averaging strategy...

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

[freedomgo]

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.

[angryswamp]

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

What are the risks of doing this?

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.

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

[dothebeats]

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?

[socks435]

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.

[harizen]

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.

[NetFreak199]

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

What are the risks of doing this?

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.

[jerowacik]

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.

[entrepmind23]

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.

[Denker]

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.

[TRF]

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

What are the risks of doing this?

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.

[fireball4]

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

What are the risks of doing this?

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.

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