avikz
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March 05, 2017, 02:34:00 PM |
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Yes and yes! That is my answer. Bitcoin is a good investment for any amount of money at any time. It has a huge upside potential to go up to any level in future. Even at this level, bitcoin price looks cheap to me because of the market cap. It is now 20.3 billion and increasing at a very fast pace.
Invest in bitcoin and save those bitcoins to a safe wallet and forget them for another 5 years. In 5 years, bitcoin price will be doubled compared to what it is now. So never hesitate to invest in bitcoin anytime. No other conventional investment will fetch you that much return for sure.
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DoublerHunter
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March 05, 2017, 02:41:06 PM |
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Wow that is a very huge amount of money. If you ask me if it's okay to invest that big amount of money then i will say 100% yes because the bitcoin is one of the best investment that you can ever tried and it safe for me because for long term the price is always increasing and one of the good things that bitcoin have is, it's still young and the price can increase more.
No, I don’t agree, I know bitcoin is a great way to invest money and to get profit but that does not mean that you should dump all you svings into it, bitcoin is a cryptocurrency and what we know about them is that they are unstable and hard to predict so today it could be $1300 tomorrow it could go down to $900 and that will be a huge loss if you have invested that much money into it. It is always recommended to invest only the money you afford to lose. It is not just for gambling but for any investment too. Moreover bitcoin is still an experimental project. At the same time I have invested more than $10k, but all them I could afford on any consequences. Investing all your money in just one portion of asset is like doing skydiving without parachute because there is no assurance that you will be safe for your trip. Bitcoin is not stable but if you are planning to invest big amount of money then you can do long term run which gives much bigger returns.
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Daniel91
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March 05, 2017, 02:42:37 PM |
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I personally think that bitcoin is great thing and believe in the bright future of bitcoin. However, I would not advice you or anybody else to take such huge risk and invest so much money in bitcoin. It's ok to invest part of your funds here, other part in some other investment etc. We can't predict the future. In a 5 or 10 years some other crypto currency can replace bitcoin and become number 1. In such scenario, bitcoin will not disappear but may lose much of its present value. So, please be wise and don't put all eggs in one basket
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axorb
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March 05, 2017, 03:40:54 PM |
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Wow that is a very huge amount of money. If you ask me if it's okay to invest that big amount of money then i will say 100% yes because the bitcoin is one of the best investment that you can ever tried and it safe for me because for long term the price is always increasing and one of the good things that bitcoin have is, it's still young and the price can increase more.
No, I don’t agree, I know bitcoin is a great way to invest money and to get profit but that does not mean that you should dump all you svings into it, bitcoin is a cryptocurrency and what we know about them is that they are unstable and hard to predict so today it could be $1300 tomorrow it could go down to $900 and that will be a huge loss if you have invested that much money into it. It is always recommended to invest only the money you afford to lose. It is not just for gambling but for any investment too. Moreover bitcoin is still an experimental project. At the same time I have invested more than $10k, but all them I could afford on any consequences. Investing all your money in just one portion of asset is like doing skydiving without parachute because there is no assurance that you will be safe for your trip. Bitcoin is not stable but if you are planning to invest big amount of money then you can do long term run which gives much bigger returns. But even if you hold them in long term there is no guarantee that it will give you profits as the price of bitcoin is unpredictable and you never know whether price will be higher or lower in future so investing a big amount of money only in bitcoins will bring huge risk.
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xskl0
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Bitcoin SV is Bitcoin
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March 05, 2017, 04:04:59 PM |
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Probably if you don't do this inversion you will regret when each bitcoin will have a cost of 5k USD (maybe in 2 or 3 years), is very difficult in my opinion that the price will go to less than 1000 $ again.
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doomistake
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March 05, 2017, 04:17:20 PM |
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Right now price have already got corrected after recent huge pump and i think price have already found its floor price at $900. So in my opinion it is best time to invest/buy few more bitcoin at any price below $1000. We will be at $2k+ per bitcoin by end of this year as many have speculated so if you can invest 100K€ right now you may be able to double your initial fiat within one to two year period. If you can buy and hold bitcoin for long term than its best time to buy few cheap bitcoins.. Price doesn't matter if you are going to invest your money in bitcoin, because its price is fluctuating, so, even we buy it on its current price right now, still, we are going to have and have profit from it no matter what, so we don't have to consider the price actually. Also, bitcoin ETF is on the move, and if the SEC will be going to approved it, then the price of bitcoin will be higher in no time. So, if someone would like to invest their money into bitcoin, everyday is the right time to do it, because you will never lose profit on investing it to bitcoin, because as long as bitcoin doesn't reach its price peak yet, then we don't have to worry about losing a profit from it by investing our money on it.
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pungopete468
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March 05, 2017, 06:47:21 PM |
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Right now price have already got corrected after recent huge pump and i think price have already found its floor price at $900. So in my opinion it is best time to invest/buy few more bitcoin at any price below $1000. We will be at $2k+ per bitcoin by end of this year as many have speculated so if you can invest 100K€ right now you may be able to double your initial fiat within one to two year period. If you can buy and hold bitcoin for long term than its best time to buy few cheap bitcoins.. Price doesn't matter if you are going to invest your money in bitcoin, because its price is fluctuating, so, even we buy it on its current price right now, still, we are going to have and have profit from it no matter what, so we don't have to consider the price actually. Also, bitcoin ETF is on the move, and if the SEC will be going to approved it, then the price of bitcoin will be higher in no time. So, if someone would like to invest their money into bitcoin, everyday is the right time to do it, because you will never lose profit on investing it to bitcoin, because as long as bitcoin doesn't reach its price peak yet, then we don't have to worry about losing a profit from it by investing our money on it. Everyone wants to make profits overnight and they feel that bitcoin will allow them to do so but its simply impossible and if you want to earn good amount of profits then you need to hold them for a really long time but its worth to hold them for a long term as price would surely go higher when more companies and business will start adopting bitcoins and it will also increase the number of regular users that will start using it as a currency so in that case price would be much higher by then and it will be profitable to hold our bitcoins till that point of time.
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dothebeats
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March 05, 2017, 07:33:19 PM |
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At this point in time, I'd rather place that substantial amount of money into other ventures first. Great if you have bought in at around $400-$500 but if not then you need to do some diligent research since we aren't certain whether the price will hold or not. You can throw in a couple thousand bucks but that amount in a largely "speculative" asset? I think not.
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crazyivan
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DMD Diamond Making Money 4+ years! Join us!
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March 05, 2017, 07:43:29 PM |
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If you have ask, at this point, when BTC s more valuable then gold, then crypto investments are not for you. Actually any kind of investments re not for you. Good luck.
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sj2199
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March 05, 2017, 09:14:57 PM |
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At this point in time, I'd rather place that substantial amount of money into other ventures first. Great if you have bought in at around $400-$500 but if not then you need to do some diligent research since we aren't certain whether the price will hold or not. You can throw in a couple thousand bucks but that amount in a largely "speculative" asset? I think not.
Yeah and I think its too big amount to invest and if he invests all that money only in bitcoins then he is putting his money at big risk as anything is possible with the price of bitcoins in future and if he buys at current price and if price drops in coming months then it will be huge loss for him as price may go higher in future but its not assured that it will definitely happen so the better option would be to diversify your investments.
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RoommateAgreement
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March 07, 2017, 05:01:42 AM |
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when you ask the bitcoin community if it is a good idea to invest in bitcoin they obviously say yes! we all love bitcoin and we have obviously invested in it so we find it good.
but if you want to start it is different. with 100K going in, is not such a great idea if you ask me. just buy small amount, try to learn what bitcoin is and then how it goes up and down then go in bigger, buy more and add to it.
if you buy 100K today and price goes down from 1260 to 1250 you will panic! the rest of us don't care because we know the future.
also don't forget about cold storage.
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Buying the dip...
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Zadicar
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March 07, 2017, 06:35:32 AM |
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when you ask the bitcoin community if it is a good idea to invest in bitcoin they obviously say yes! we all love bitcoin and we have obviously invested in it so we find it good.
but if you want to start it is different. with 100K going in, is not such a great idea if you ask me. just buy small amount, try to learn what bitcoin is and then how it goes up and down then go in bigger, buy more and add to it.
if you buy 100K today and price goes down from 1260 to 1250 you will panic! the rest of us don't care because we know the future.
also don't forget about cold storage.
Know the future? I dont think soo since no human could able to predict the future and speaking with bitcoin it doesnt still have guarantee that it would sustain for more longer years to come. Investing huge amount on bitcoin is somehow risky since price is volatile anytime we could lose money if we dont know how to trade with it.
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Amph
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March 07, 2017, 06:50:22 AM |
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it was worth much more before the last jump in value, would have been a perfect move with minimal risk, now the risk are higher for a dump to $1k
maybe before investing wait for the EFT to approved or not, after that you will have a clear picture on when this thing is going, and you can invest safely
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Japinat
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March 07, 2017, 07:00:27 AM |
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That amount is already enough to give you a fortune in the future to come, just be optimistic that the value of bitcoin will continue to increase and also you need to have the right discipline to hold your bitcoins and not be tempted when the price will rise substantially. As long as you can afford that, it is worth the risk because it will also entails greater rewards in the future.
For me, that is always a big amount and I can already consider that as my lifetime investment and who knows what future will bring, bitcoin can be a passive income for us.
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carlisle1
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March 07, 2017, 09:19:40 AM |
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the current status of the value of bitcoin is quite stable at the moment and no one knows what will be the next movement of its price, maybe this could be a good time to invest in bitcoin or maybe not so it's up to you if you are ready to take a risk . but at this moment investing such amount which is 100 thousand Euros seems to be not a good approach in my opinion, this is usually the problem with many people they are intending to make an investment with bitcoin when it is already on a high value . like what I've said if you are ready to take a risk then you can make plan for that investment and analyze the current movement of the price before proceeding on putting your money in bitcoin .
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warwar
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March 07, 2017, 09:28:36 AM |
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I voted yes but may change from time to time.Why? Yes if you invested that huge amount before it will be a hell of profit that will come to you.But if youre planning to invest by this time maybe myanswer and recommendation for you will change.Its so risky to invest very big money now,bitcoins is now at reach its peak price it may change or drop price and by thatsituation you will lose money and still it may still rise.Its risk
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vnvizow
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March 07, 2017, 09:36:48 AM |
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If you have that faith, go for it. But building up a trading portfolio with that amount of money may be more realistic
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talkbitcoin
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All I know is that I know nothing.
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March 07, 2017, 09:42:35 AM |
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If you have that faith, go for it. But building up a trading portfolio with that amount of money may be more realistic
have faith? that doesn't compute with me also i have to say, trading is not for everyone. i have tried it and i know for a fact that it is best to stay away if you are not good at it or you can't handle the stress and the time consumption. besides if you are trading with $500 it is so different with trading with $100,000 or €
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vnvizow
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March 07, 2017, 09:47:35 AM |
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If you have that faith, go for it. But building up a trading portfolio with that amount of money may be more realistic
have faith? that doesn't compute with me also i have to say, trading is not for everyone. i have tried it and i know for a fact that it is best to stay away if you are not good at it or you can't handle the stress and the time consumption. besides if you are trading with $500 it is so different with trading with $100,000 or € Higher risk= higher reward. So it's all dependent on which market you believe in more than the other. I've lost more money in bitcoin than trading but that's just me
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hajimasan
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March 07, 2017, 09:54:23 AM Last edit: March 09, 2017, 11:40:20 AM by hajimasan |
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Yes it's worthy to invest money in bitcoin now because the technology is gearing up and new investor are coming by and so the price us rising even higher so it's perfect time to invest now. At the current time fluctuation also are big , so here if the small dump in the price occur then instantly buy some bitcoin and when it jump to about 100-200$ doller then the amount at which you bought coins then sell instantly , this is just type of day trading which is a short time investment and you can make big profit if your are active toward your investment .
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