First investments in bitcoins

[South Park]

Hey mate, it is not that easy to indulge yourself into something that makes you only curious, in investing money and time you need passion to it. It might not that easy to have but as the time goes by when your passion really drives you to success then it is good.
You also need that some learning to get from your advisers and friends out there, they might help you on that, then in some research.
But as above posted, it is better to experience it by your own not relaying yourself to other’s experience because maybe your fate is different from theirs, but it is good to collect some ideas on how to grow and start on.

You forgot to see the essence of positioning in your investments which is an essential part of any part of profit taking. As you can see Bitcoin's price is way to high to buy more Bitcoin. The best time for buying it was awhile back in January where is drop back to 700$. This assures you that you are in a safe position to wait for it to grow.

Yes, right now the right move is to wait, you cannot buy more bitcoin because if you do and there is a price drop then you run the risk of selling at a loss or you will have to wait until a price increase and by the time it happens you will probably just want your money back.

[Erza]

Hi everybody, I am quite new in this new market and have a lot of interest in it. After advices from friends, i have put some money in Ethereum by the fact that i like their project which has a global view on the world. Moreover, i have also put some money in Monero.

Now, i am confused to invest in the long run for some bitcoins. Why ? Because prices are already really high but after reading a lot analysis, predictions are quite high.
What do you think about investment in some bitcoins at this high Price ? Thanks guys

I don't see any wrong to your friend's advice, they gave you a good advice actually. Though the price was so high anyhow, but still a good assets investment, if you want to explore  more things about investing in some other coins you can check coinmarketcap.com on which coins for you is the best to invest in.

But dont you think it is kind of late enough that if you just want to start to buying this coins? Because this coins already hit the peak before and I dont think it might be hit again. So better to invest on bitcoin rather than other crypto. Unless they keep on trading it and try to earn more and more may be he can still get some of the altcoin

[blackhawkeye1912]

My first investment bitcoin was I bought a coins in the ico which during that time I know its it has a potential to increase the value which I never wrong and I got profit on it by that time.

[lol3c]

My first investment bitcoin was I bought a coins in the ico which during that time I know its it has a potential to increase the value which I never wrong and I got profit on it by that time.

it is totally great dude. Most of the people do not have good profit in ICO because there are too many junk ICO out there and they always lose their money. It is really good to see someone can earn good money with these projects

[ChronoLite]

My first bitcoin investment was invest in HYIP that seems ridiculous because I was a newbie and didn't know much about Bitcoin, you've already know I loss at the end. But I've learned something and don't want to invest nor follow HYIP Site.

[upsidedown75]

My first bitcoin investment was invest in HYIP that seems ridiculous because I was a newbie and didn't know much about Bitcoin, you've already know I loss at the end. But I've learned something and want to invest nor follow HYIP Site.

I am not sure if gambling is also deemed as an investment because that's where my first bitcoins went to after coming into my wallet and more than just that, I won also so actually my first earnings were also from there.

Apart from that I then invested in a few site like one I remember was cex io and I am sorry for you mate that you got caught up early with the HYIPS and happy you learned rather than becoming dejected.

[Kray]

In my opinion, buy bitcoin now is too expensive. The best way is buy altcoin and trade them into bitcoin. Do not ever invest in hyip

[Rude Boy]

I think it is still good to invest in bitcoin, a lot of us sure that bitcoin will keep on rising, 1000$ is a bit high to buy, but if you have a spare money, i think it is still worth to invest into bitcoin.
you can follow below tips to avoid risk:

1. Don’t fall in trap with binary tree business model. It will haunt you in making members more than bitcoin mining!

2. Go for transparent system. Contracts and fees should be published publicly. Not like someone giving you by mail in person.

3. Always run background check on owner of cloud mining. They should be verifiable identities.

4. Check customer support, how promptly they respond and how detailed and genuine information they provide.

[Farma]

My first bitcoin investment was invest in HYIP that seems ridiculous because I was a newbie and didn't know much about Bitcoin, you've already know I loss at the end. But I've learned something and want to invest nor follow HYIP Site.

I think almost all bitcoin users have the same path. when knowing bitcoin, and have it, I have also invested some of the bitcoin I get in some HYIP sites, and all of the site to be a scam.

[CyberKuro]

Hmm.
I personally have never bought when Bitcoin price is over the $1,000 mark.
I always prefer to wait until it goes down to $700 - $850 range or even lower before I start buying.

I'm just not too keen on taking chances, especially when prices are already that high. Based on previous precedents, it's around this range that most people start massive selling, therefore resulting in quick dives.  Of course there's always the chance that this time, it'll go up up up. 

Anyway, that's just me.

It's quite confusing to decide buy at high price as the price could fall in the next day or next week. Depends on your investment purposes, is it for trade or hold it for long term. Buy at cheaper price and sell at higher levels to get profits, don't buy at ATH when people talking about it, when price soars. But, current price already set above $1000, should we wait until crash happen? Nope, wait until ETF get rejected by SEC, then the price will be fall again.

[coynedterm]

Hi everybody, I am quite new in this new market and have a lot of interest in it. After advices from friends, i have put some money in Ethereum by the fact that i like their project which has a global view on the world. Moreover, i have also put some money in Monero.

Now, i am confused to invest in the long run for some bitcoins. Why ? Because prices are already really high but after reading a lot analysis, predictions are quite high.
What do you think about investment in some bitcoins at this high Price ? Thanks guys

I will suggest you not to buy at the current price because it is already at the peak which was like dream for the bitcoin  to reach .
Currently the bitcoin at very high rate so I will advise to to keep patience for some weeks or day if it's price comes at 700-800$ per bitcoin then you should buy bitcoin .
If the price didn't go back then buy some popular altcoins like Trump , blry , Putin ,. ETH etc These will surely give profit after a long time hold .
Second thing you should do that to make day trading with Bitcoin ( I mean daily small buy and sell ) in this way you will be able to make some better profit through buy sell in some days .

[Taki]

In short: if you have bitcoins, just hold them as long as possible; don't trade inside of the day; ignore the news. I already become to stay part of my bitcoins on side, and I plan to sell it only when the price for bitcoin will cross the point of 5000$.
Other variant if you are technically competent expert, you may wish to bet on the newly created cryptocurrency. Open this position only for a short time and only in the most beginning. This behavior is rather a speculation than wise investment. You do so at your own risk. But it may bring you really good profit as I know.

[ChronoLite]

My first bitcoin investment was invest in HYIP that seems ridiculous because I was a newbie and didn't know much about Bitcoin, you've already know I loss at the end. But I've learned something and want to invest nor follow HYIP Site.

I think almost all bitcoin users have the same path. when knowing bitcoin, and have it, I have also invested some of the bitcoin I get in some HYIP sites, and all of the site to be a scam.

Yeah I agree with that. However, as the time progress we've learned something to never invest on HYIPs site where clearly scam from the start and share our knowledge about avoid HYIP to the newcomers.

[Bitcoin_Mafia_Me]

As much as I love crypto, I've learned that I don't have the temperament for investing. I'm too timid when it
comes to finances. I'm fine with smaller investments...$20 here, $50 there...but the thought of buying an
entire bitcoin (or even half of one) scares the bejeezus out of me

[raven7886]

As much as I love crypto, I've learned that I don't have the temperament for investing. I'm too timid when it
comes to finances. I'm fine with smaller investments...$20 here, $50 there...but the thought of buying an
entire bitcoin (or even half of one) scares the bejeezus out of me

I agree, I also don’t like to take the risk and a invest a lot of money into bitcoin, some people tend to dump all their saving and thousands and millions of dollars into bitcoin without knowing the fact that its future is still yet unsure, they may have got some serious profit but still it is so risky.

[Mario274]

As much as I love crypto, I've learned that I don't have the temperament for investing. I'm too timid when it
comes to finances. I'm fine with smaller investments...$20 here, $50 there...but the thought of buying an
entire bitcoin (or even half of one) scares the bejeezus out of me

I agree, I also don’t like to take the risk and a invest a lot of money into bitcoin, some people tend to dump all their saving and thousands and millions of dollars into bitcoin without knowing the fact that its future is still yet unsure, they may have got some serious profit but still it is so risky.

I'm sure that this behavior is not from shyness, but from the fact that you do not have so much money that you are ready to lose. I am also very much afraid to lose my savings, because it is very difficult to earn them. Therefore, I try to think carefully before investing

[Ron~Popeil]

As much as I love crypto, I've learned that I don't have the temperament for investing. I'm too timid when it
comes to finances. I'm fine with smaller investments...$20 here, $50 there...but the thought of buying an
entire bitcoin (or even half of one) scares the bejeezus out of me

I agree, I also don’t like to take the risk and a invest a lot of money into bitcoin, some people tend to dump all their saving and thousands and millions of dollars into bitcoin without knowing the fact that its future is still yet unsure, they may have got some serious profit but still it is so risky.

I'm sure that this behavior is not from shyness, but from the fact that you do not have so much money that you are ready to lose. I am also very much afraid to lose my savings, because it is very difficult to earn them. Therefore, I try to think carefully before investing

Most of us are scared of losing our hard earned savings by making wrong investments but as it has mentioned above it's better to start with minimal investment and make profit out of it and keep following the cycle until you can buy an entire bitcoin then make more progress like trading or gambling (i won't suggest gambling from my personal point of view) start with little and make it bigger so that you do not end up losing your hard earned money.

[ivanst776]

Hi everybody, I am quite new in this new market and have a lot of interest in it. After advices from friends, i have put some money in Ethereum by the fact that i like their project which has a global view on the world. Moreover, i have also put some money in Monero.

Now, i am confused to invest in the long run for some bitcoins. Why ? Because prices are already really high but after reading a lot analysis, predictions are quite high.
What do you think about investment in some bitcoins at this high Price ? Thanks guys

My first investment was not in bitcoin but through bitcoin I have invested in altcoins or to be exactly in ICONOMI, but now I'm thinking of ByteBall.

Bitcoin price at this stage (higher than many months ago) is not bad for investment, but the risk to lose is higher than ever.

Because the price is very high and if the price crashes you have the chances to lose more but the "risk" to earn more are almost the same as before as the price can be increased gradually as it happened recently.

[scarface]

As much as I love crypto, I've learned that I don't have the temperament for investing. I'm too timid when it
comes to finances. I'm fine with smaller investments...$20 here, $50 there...but the thought of buying an
entire bitcoin (or even half of one) scares the bejeezus out of me

I agree, I also don’t like to take the risk and a invest a lot of money into bitcoin, some people tend to dump all their saving and thousands and millions of dollars into bitcoin without knowing the fact that its future is still yet unsure, they may have got some serious profit but still it is so risky.

I'm sure that this behavior is not from shyness, but from the fact that you do not have so much money that you are ready to lose. I am also very much afraid to lose my savings, because it is very difficult to earn them. Therefore, I try to think carefully before investing

Most of us are scared of losing our hard earned savings by making wrong investments but as it has mentioned above it's better to start with minimal investment and make profit out of it and keep following the cycle until you can buy an entire bitcoin then make more progress like trading or gambling (i won't suggest gambling from my personal point of view) start with little and make it bigger so that you do not end up losing your hard earned money.

Gambling is a best way to loose money so if you want to experience the disappointment of loosing then you can go for it or simply stay away from it and comparatively trading is much better way to multiply your bitcoins and earn some descent profits which may not be possible with gambling for sure.

[Proficient]

As much as I love crypto, I've learned that I don't have the temperament for investing. I'm too timid when it
comes to finances. I'm fine with smaller investments...$20 here, $50 there...but the thought of buying an
entire bitcoin (or even half of one) scares the bejeezus out of me

I agree, I also don’t like to take the risk and a invest a lot of money into bitcoin, some people tend to dump all their saving and thousands and millions of dollars into bitcoin without knowing the fact that its future is still yet unsure, they may have got some serious profit but still it is so risky.

I'm sure that this behavior is not from shyness, but from the fact that you do not have so much money that you are ready to lose. I am also very much afraid to lose my savings, because it is very difficult to earn them. Therefore, I try to think carefully before investing

Most of us are scared of losing our hard earned savings by making wrong investments but as it has mentioned above it's better to start with minimal investment and make profit out of it and keep following the cycle until you can buy an entire bitcoin then make more progress like trading or gambling (i won't suggest gambling from my personal point of view) start with little and make it bigger so that you do not end up losing your hard earned money.

Gambling is a best way to loose money so if you want to experience the disappointment of loosing then you can go for it or simply stay away from it and comparatively trading is much better way to multiply your bitcoins and earn some descent profits which may not be possible with gambling for sure.

That's not always the case.  Gambling is a poor idea if you're trying to earn profits because the odds will always be on the house's side (they have to make a profit, right?) but it's not the best way to lose money.  The best way to lose money is to keep it in fiat currency (just kidding).  Seriously, trading is not perfect and you can't expect returns all the time.  Many traders have to lose out for other people's profits, and it's the amateurs who try too early who suffer from this.