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Question: Is €1000,- a lot of money?
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Author Topic: Soo, I'm planning on buying €1000 in bitcoins. Yes or no?  (Read 18089 times)
dunfida
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August 26, 2016, 12:14:02 PM
 #161

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.

Well, we should know the things and consider on the possible circumstances on the future and as an investor then you should expect the unexpected delima that you would encounter along the way. They are right If the money you would plan to invest does not compromises anything then there's nothing to worry but just remember the risk involved.

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August 26, 2016, 01:02:45 PM
 #162

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

What are the risks of doing this?

Don't know whether you bought the coins or not at the time you asked this question, but I can tell you that if you did you at least lost nothing. Bitcoin was around $600 at the as it is now.

I'm pretty sure that the price will rise at least 10% in the nearest fuftre, so don't hurry to sell.

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Adriandmen (OP)
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August 26, 2016, 01:14:09 PM
 #163

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

What are the risks of doing this?

Don't know whether you bought the coins or not at the time you asked this question, but I can tell you that if you did you at least lost nothing. Bitcoin was around $600 at the as it is now.

I'm pretty sure that the price will rise at least 10% in the nearest fuftre, so don't hurry to sell.

Yeah, the best advice I have read everywhere is to hold the coins if the price is going down and don't panic.

I have bought 0.5 BTC instead of ~2 BTC, which is still a lot for me.
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August 26, 2016, 01:20:36 PM
 #164

Investment always be risky things but there are some good investment or bad investment
Good means the value always increase gradually over time
bad means the value still unpredictable and unstable so people must re-think before try to invest this option
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August 26, 2016, 01:22:36 PM
 #165

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.

No, this does not compromise my financial life. Still it's a lot of money so I started with a smaller amount as a test amount.
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August 26, 2016, 06:31:34 PM
 #166

If you intend to hold long term (as you should) then by all means buy right now and forget it. Trying to wait for a perfect price to enter the market will only stress you. In the long term, it does no matter if you get in at 500 or 1000, because it will be much higher.
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August 26, 2016, 06:34:50 PM
 #167

If you won't need a 1000€ in the future you can take your chances with bitcoin. To me, you are very late to the party. Bitcoin is stucked between 700$ and 400$ and it will stay like that for a long time. Still, nobody really knows what is going to happen next.

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August 26, 2016, 06:43:05 PM
Last edit: August 26, 2016, 07:33:10 PM by deisik
 #168

If you won't need a 1000€ in the future you can take your chances with bitcoin. To me, you are very late to the party. Bitcoin is stucked between 700$ and 400$ and it will stay like that for a long time. Still, nobody really knows what is going to happen next.

If the Bitcoin price is really stuck in that range, there will be a lot of profit potential to turn into actual profits. I don't mean anything similar to day-trading, but rather more like a once-in-a-month turnover of bitcoins (or some part thereof)...

That would make much more sense (and profits) that the dumb "buy, hold and hope" approach

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August 26, 2016, 07:00:21 PM
 #169

As long as you diversify enough and if you expect btc price to go up, I believe you could take this risk.
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August 27, 2016, 09:05:42 AM
 #170

That's a huge money to invest. I'd rather buy some bitcoin and watch how will the market goes for next couple months, instead of buy bitcoin with all that money.
But if you have no problem take a risk for loosing some of your money or maybe all of it, then you could invest your money to bitcoin. If bitcoin price rise up in future you can make a huge profit.
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August 27, 2016, 10:54:16 AM
 #171

Yea it is good to invest 100o euro but if you want to invest be careuful if you want invest i know perfect site with 10 referral levels so pm me if you want to invest your money withou any risk.
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August 27, 2016, 12:19:27 PM
 #172

I think the current price range is good buying point and seem like whales are also accumulating right now, so you can buy with whatever you can risk. I think price can rebound above 650$-700$ preety soon from this point.

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August 27, 2016, 01:04:04 PM
 #173

Definitely, yes especially if you have the time to place some buy/sell orders in the Bitcoin market but if you're just going to hold it to sell it in the future, it's still fine. With this price and the settlement that it has right now, buying is a good thing. We've settled long enough at this price range 570~590$, it's almost as if bitcoin is just preparing for a really big pump. If you do the 2% margin up and down trading technique, you can make a hundred or even more in a day with that much capital.

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August 27, 2016, 09:03:59 PM
 #174

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.
you are right, investing into bitcoins is a really great possibility to make money and it is not wrong at all, i think bitcoin is definitely going to grow so you should invest your money into it

 
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August 28, 2016, 06:42:06 AM
 #175

Yea it is good to invest 100o euro but if you want to invest be careuful if you want invest i know perfect site with 10 referral levels so pm me if you want to invest your money withou any risk.

The OP is talking about buying bitcoins. That is way safer than investing in a referral site.
No sense in getting tangled with ponzis when you can buy bitcoins and see them appreciate.

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August 28, 2016, 01:03:49 PM
 #176

If you have 1000€ that you don't need on.a long term period and if you are fully aware of potential risk then Bitcoin is good investment for you. I stil see buying Bitcoin as an investment.

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August 28, 2016, 01:25:31 PM
 #177

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

What are the risks of doing this?
for me it is careful. You can save your money in bitcoin. bitcoin price movement today looks positive. You may take several months to feel the benefit. bitcoin will continue to grow.
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August 28, 2016, 01:52:12 PM
 #178

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

What are the risks of doing this?
for me it is careful. You can save your money in bitcoin. bitcoin price movement today looks positive. You may take several months to feel the benefit. bitcoin will continue to grow.

Yeah, that is something I really want to advice other people if they are going to invest in bitcoins.

The price won't change a lot within a few days, you need to wait several months in order to get a good profit out of it.
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August 28, 2016, 02:26:14 PM
 #179

Certainly yes, but only if you are ready to invest for longer term like 5-7 years at least. If you are looking for quick return, then I will recommend you no to invest in bitcoin. Bitcoin will not give you any immediate profit.

1000 pound is a lot of money to invest. So choose wisely and make sure that you don't have to sell your bitcoins if the need of money arises.

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August 28, 2016, 02:30:24 PM
 #180

I think buying bitcoin now will not be a small risk, because everything is possible with these markets and prices. But I still believe there is a good reward-risk ratio to invest in these days.
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