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Author Topic: First investments in bitcoins  (Read 7389 times)
Valiance
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March 11, 2017, 10:31:38 PM
 #141

It's a good idea to invest but you have to think about it quite carefully.  You don't want to put in too much money and potentially lose it because you don't know well enough what to do with it.  But if you just buy it and hold it, the chances are that the price will go up eventually.  Just make sure you don't rush into things or take opportunities too short-term until you have more experience.
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March 11, 2017, 10:52:52 PM
 #142

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 wouldn't say that investing in Ethereum for the long term is a good idea, but sure if you believe that Ethereum is going to take off in the future, by all means invest in it. The worst thing you can do is to keep your fiat under your bed and not do anything with it.

Personally when I think of Ethereum I think of litecoins - litecoins were a sensation as well when it got out. Now it's dying.

The fact is that you cannot replicate the status of bitcoin being the first ever cryptocurrency. That status brings trust to people, even though nobody knows who satoshi is. If bitcoin didn't exist, then Ethereum wouldn't exist.
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March 11, 2017, 10:56:38 PM
 #143

Bitcoin itself is an investment so instead of investing bitcoins anywhere its better to invest our money in bitcoins to get best returns in future as investing bitcoins online involves a huge risk as there is no guarantee that those sites will survive for a long term and will give regular profits and if you have enough bitcoins in your wallet then its better to hold them without investing anywhere.

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March 12, 2017, 03:15:35 AM
 #144

Bitcoin itself is an investment so instead of investing bitcoins anywhere its better to invest our money in bitcoins to get best returns in future as investing bitcoins online involves a huge risk as there is no guarantee that those sites will survive for a long term and will give regular profits and if you have enough bitcoins in your wallet then its better to hold them without investing anywhere.
I don't agree with you about Bitcoin being the best investment option out there. From what I know investments should be stable and it should not fluctuate negatively. Bitcoin on the other hand is not a stable kind of currency and has a tendency of its users to do panic selling which makes Bitcoin's price drop massively. We all know that price drops are good but for investors if they bought on the wrong price it will result into a loss.

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March 12, 2017, 04:04:18 AM
 #145

AFAIK my first investment in bitcoins was in cryptocurrency trading. I bought altcoins then let it stay for a short period of time, when I have a margin, I sold it. Though its not profitable since I am a newbie and  still learning the rope but somehow I enjoyed it.
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March 12, 2017, 04:09:23 AM
 #146

My first investment in bitcoin is HYIP because I think that is legit but I earn a profit from that and when I knew all of HYIP are scams they are only pay at first then I decided to quit in that and start trading. When I trade I earn a lot of profit from it so still know I am trading bitcoin.
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March 12, 2017, 04:34:28 AM
 #147

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
This will depend upon you that with what speed you want to make profit Because in the bitcoin it is usually most of the times take more time to increase in the price but in such types of altcoins like ETH , monero  etc there are more chance to increase in price .
If you will select altcoins then your chances are more to make profit but if you will choose bitcoin then surely it will take more time to make some better profit .
Currently the price of the bitcoin is very high so I will suggest you to not to buy bitcoin . Try to buy some altcoins Because if you will buy bitcoin then it will take more time to make profit .
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March 12, 2017, 11:27:02 AM
 #148

This will depend upon you that with what speed you want to make profit Because in the bitcoin it is usually most of the times take more time to increase in the price but in such types of altcoins like ETH , monero  etc there are more chance to increase in price .
If you will select altcoins then your chances are more to make profit but if you will choose bitcoin then surely it will take more time to make some better profit .
Currently the price of the bitcoin is very high so I will suggest you to not to buy bitcoin . Try to buy some altcoins Because if you will buy bitcoin then it will take more time to make profit .


It's not necessarily altcoin = profit in short amount of time; bitcoin = profit in long time. It all depends on your timing. You can invest in altcoin and still don't get any profit at all after a couple of months of waiting because the coin is either already dead or don't have any user at all. Bitcoin, on the other hand, can also give you profit in short time when you invested at the right time.

The current price of bitcoin is high but I don't think the price will ever go back to less than $900. We've been here for a while now and if you don't invest at this price, you might regret it later.

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DoublerHunter
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March 12, 2017, 11:28:27 AM
 #149

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
Making an investment in Ethereum and Monero is a good option because in that date (February 4) the price was pretty low and i think that you already earned decent profit. In terms of long run or long term in bitcoin then it is still good to invest even the price was high because we are talking about long term and we already witnessed how the price amazed us in terms of long term price increase. So i think even the price is high for your point of view, you can still invest your money but invest the amount that you can afford to lose.
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March 12, 2017, 11:33:23 AM
 #150

The price of Bitcoin will go up over time, but don't trust the predictions alone.  The predictions are mostly made by people with an agenda - either they're excessively optimistic about Bitcoin because they're in on it and want the price to go up, or they want the price to go down for a little while so that they can buy cheap.
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March 15, 2017, 10:27:09 AM
 #151

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
Just like when new people enter internet now for the first time,we could not say they are too late and progress is no more.Just like that,you are not at all late to bitcoin world.Its true that bitcoin price is high enough now, but still its projected price for 2017 is around $3000 and yet the journey of bitcoin is to continue as bitcoin is only in its early stage.You can invest in bitcoins confidently and bitcoin would yield you more profits than ethereum.
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March 15, 2017, 01:32:14 PM
 #152

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

It is very simple the logic was if the price value of bitcoin is getting higher it will automatically altcoins value will goes down, if bitcoin drop the price value then its altcoin turns to goes up so you don't need to get confuse okay.
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March 15, 2017, 02:06:07 PM
 #153

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

It is very simple the logic was if the price value of bitcoin is getting higher it will automatically altcoins value will goes down, if bitcoin drop the price value then its altcoin turns to goes up so you don't need to get confuse okay.
Those kind of characteristic in prices is one of the best thing about the cryptoworld because there is always chance to make profit like in bitcoin if the bitcoin is very high then you can invest your bitcoins in altcoins because they are cheap and if bitcoin is very cheap then you can invest your money in bitcoin to get a lot of it and keep it for long term and be prepared for earning big amounts of money.
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March 15, 2017, 03:05:09 PM
 #154

My investment was I bought a coins in trading exchange, for me to know how to do some trade in the exchange platform. Then I also tried  to buy in the ICO in the signature campaign which I think its potential to trade.
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March 15, 2017, 03:32:30 PM
 #155

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
Just like when new people enter internet now for the first time,we could not say they are too late and progress is no more.Just like that,you are not at all late to bitcoin world.Its true that bitcoin price is high enough now, but still its projected price for 2017 is around $3000 and yet the journey of bitcoin is to continue as bitcoin is only in its early stage.You can invest in bitcoins confidently and bitcoin would yield you more profits than ethereum.

What do you mean for this? Where you get this source, we never know exactly the price will be going since no one one really know who is control the market right now. And may be in 2017 it still has the change for the price will fall lower than $1000, we can't really predict the future because of the price being volatile until this day
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March 15, 2017, 03:36:58 PM
 #156

well im definitely buying bitcoin when its on around $500-$600 it that case i could actually earned a double amount of that money because when the price of bitcoin suddenly raise you could gain a lot of advantage on it. the profit you could earn on your own investment you could use it on trading or gambling whenever you want. but in my case when it drops on that price range im buying atleast one bitcoin and then wait till it grow up to $1000 then cash it out.
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March 15, 2017, 03:39:00 PM
 #157

Nope, I wouldn't suggest to invest in bitcoin at preseny. Not at this point of time when bitcoin is trading at more then $1000. It is over priced. If you want to invest in bitcoins, wait for a good correction that is expected to happen soon.

Good Luck!
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March 15, 2017, 04:00:23 PM
 #158

Nope, I wouldn't suggest to invest in bitcoin at preseny. Not at this point of time when bitcoin is trading at more then $1000. It is over priced. If you want to invest in bitcoins, wait for a good correction that is expected to happen soon.

Good Luck!
still good to invest since there's also an alt trading place so better to use your invested btc to alt trading and gain more while you are waiting for the value to rise, its the best way to make good profits coming from this investment the only thing or the hard part would be its needed a deep understanding and study to gain knowledge and start to earn.

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March 15, 2017, 04:48:11 PM
 #159

Nope, I wouldn't suggest to invest in bitcoin at preseny. Not at this point of time when bitcoin is trading at more then $1000. It is over priced. If you want to invest in bitcoins, wait for a good correction that is expected to happen soon.

Good Luck!

What price is not overpriced? At $500, people say that we should wait a little longer so we can buy at $400. At $650, people say to wait so we can buy at $500. And now at $1200, it's still overpriced. No matter what price it is, people will say that bitcoin is overpriced but it's not. This is the price of bitcoin. There's no underpriced or overpriced in here because what you see is the actual value of bitcoins although all of these is just a speculative thing. No matter which price it is, low or high, it will still be a speculative thing.

If you're in this for the long run, you don't have to worry about losing all of your money because in the long run, bitcoin will increase. So even, let's say that $1200 is indeed "overpriced", when it gets a market correction, it will eventually go back anyway because that's how bitcoin was designed. To move upwards as time pass by.

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March 15, 2017, 04:49:24 PM
 #160

More likely Id like to invest now in altcoins, you had a good choice to invest in Eth, Monero which is quite profitable. I wouldnt suggest to invest in bitcoin because of its price is high and we cannot predict its pump until to what its price. So, its good to invest in altcoins were for sure a profitable in the long run if we choose the right coin to invest in.
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