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

[sabbirshm]

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

What are the risks of doing this?

I wont surprised if you want to buy these huge amount of bitcoin.But what's your future plan of these coins? I mean what do you want to with this coins? I have two suggestion for you..

1)Put these coins on a paper wallet and  wait till the price increase 20% or high.If your luck likes you, you could be profited.

2) If you have knowledge and skills of trading then start trading. Though there's sort of risk but choose thee right place and do it.Be aware of scammers and ponzi.

[deisik]

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

I think the OP should have updated the opening post. It doesn't make any sense reading 8 pages of almost total bullshit written just for the sake of increasing post counts. That said, it was certainly a wise decision on his part to buy in parts (as I have already said in one of my previous posts here)...

And then wait and see how the things will unfold

[Schuyler]

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

I think the OP should have updated the opening post. It doesn't make any sense reading 8 pages of almost total bullshit written just for the sake of increasing post counts. That said, it was certainly a wise decision on his part to buy in parts (as I have already said in one of my previous posts here)...

And then wait and see how the things will unfold

I would have done the same if I had that amount at my disposal. I wouldn't go all in because I know the risks involved. Hopefully, he still has some budget reserved because today's price is still a bargain.

[thejaytiesto]

Right now its an excellent time, we are coming from a dip, the dip has already started to face and we will keep seeing an uptrend now until the next bitfinex incident, so since one just happened, it is statistically impossible that it happens again, which means buy trend.

[anama]

its ok plan but you must wait until price bitcoin is very low
maybe you can buy bitcoin is price range 400 - 500 dollar every one bitcoin
and sell again is next year on end year in range price 800 - 1000 dollar , so under one year profit 100%

[deisik]

Right now its an excellent time, we are coming from a dip, the dip has already started to face and we will keep seeing an uptrend now until the next bitfinex incident, so since one just happened, it is statistically impossible that it happens again, which means buy trend.

How is that statistically impossible, care to explain? There are many sweet exchanges (e.g. Bitstamp, BTC-e) as well as online wallets (e.g. Coinbase, Xapo) out there which both individual hackers and organized hacking groups alike would just be happy to sink their teeth into...

Lightning never strikes the same place twice?

[BitHodler]

its ok plan but you must wait until price bitcoin is very low
maybe you can buy bitcoin is price range 400 - 500 dollar every one bitcoin
and sell again is next year on end year in range price 800 - 1000 dollar , so under one year profit 100%

The problem is that you don't know what the price will do.

If you choose to wait for the price to go down before buying, then you risk seeing the price going up and up.

In this case the best thing is to buy with €500 right now, so you at least have some coins, and the other €500 can be used when the price goes down a good bit.

[Ayers]

isn't 1000 not even 2 btc i think a bit of a joke, i'm sure you can afford to lose that, so i would do it, especially now that bitcoin seems to have recovered, from the hack and the bad news that were coming lately

[crossabdd]

for me, the amount is not huge. but if for you it is a big number, and you are quite afraid of risk.
either to buy bitcoin and hold to wait for prices to rise high. with doing this risk is not too high, but you just have to have patience good

[Crazygreek]

If you are sure that you have enough money to live after this investment, you can do it, but if you have any doubts about it, better not to.

[jak3]

Putting your money in bitcoin will not give you profit nor you will get anything with it except you will get losses until you realize that its just a money and you are the one how has to use it with other things and grow more money by using this one

[skysblu]

If you are sure that you have enough money to live after this investment, you can do it, but if you have any doubts about it, better not to.

i would do it either way, i actually believe in the bitcoins a lot and i think it would make me some good profit easily

[vero]

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

huge or not that amount at least he can make a great profit if he buying bitcoin now, in euro currency the price of bitcoin at around 500 and i see the price can rise in this year.

[twerdefnce]

isn't 1000 not even 2 btc i think a bit of a joke, i'm sure you can afford to lose that, so i would do it, especially now that bitcoin seems to have recovered, from the hack and the bad news that were coming lately

well i think everything might be possible to be honest, it really depends a lot on what the person works

[ontrackk]

Right now its an excellent time, we are coming from a dip, the dip has already started to face and we will keep seeing an uptrend now until the next bitfinex incident, so since one just happened, it is statistically impossible that it happens again, which means buy trend.

thats true, you can make huge profit in the future if you will buy your bitcoins right now, i would definitely do that

[croutonhexagon]

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

What are the risks of doing this?

It is A Better Idea To Buy BitCoins Right Now Because the You Can Invest the Bitcoins in Trading Or Some Other Projects Like Casino Bankroll To Make Some Profit Or You Can Hold The Bitcoins You Bought For a Long Time and Sell Them After a Decent Price Increase.....

[ChronoLite]

If you have an idea , for where do you want to spend and how to use it , the answer is yes . Because bitcoin is good way to growing your money and also for investment matter , but if you don't have the idea , better to don't invest it in bitcoin , you can use it for building local offline business.

[pAIjOEkOE]

The price Bitcoin about USD 580. But I recommend for 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.

[deadpoolx]

If it is a planned investment, which will not compromise your financial life, I don't see big problem. The important thing is to be aware of the instability in the market, the risks involved and invest considering these factors.

[freedomgo]

If it is a planned investment, which will not compromise your financial life, I don't see big problem. The important thing is to be aware of the instability in the market, the risks involved and invest considering these factors.

There is no problem as long as you are aware of the possible outcome, you only not focus on the positive outcome and you also need to know the negative outcome so you can weigh things better and you are confident with your decision to invest.