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Author Topic: Worth investing as a student?  (Read 2572 times)
LevshaK1
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July 22, 2017, 09:59:34 AM
 #21

Bitcoin is good because it can be invested in students and students. I think we should not miss this opportunity to buy coins and keep them for several years. After graduation, you can get a good profit from coins.

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July 22, 2017, 02:21:21 PM
 #22

it is very worth it to invest as a student. i started investing on bitcoin when i was on college university and i could say that it much better if i put all my excess money on bitcoin because it has a possibility to grow and have the potential to get enough money nor profit on bitcoin. bitcoin is very powerful . think of it i started bitcoin with a price of $500 and now it's almost $3000. wow thats a very big space between that numbers.
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July 22, 2017, 03:19:37 PM
 #23

Hey there. New to the BitcoinTalk forums, happy to be here Smiley

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?
I suggest not to invest in bitcoin, especially right now. It is better to wait till the first dates of august and then in case there was no hard fork invest in btc (if the price will be below 2k. If not, I suggest you to invest in other coins, because they are cheaper and have good potential. Invest at least a small sum in dogecoin, it's a very good choice. You may also want to invest into litecoin and ethereum. Good luck and be careful!

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July 22, 2017, 04:20:36 PM
 #24

It doesn't matter what you are actually what matters is that you believe in the system behind bitcoin. I started with bitcoin, not for gain, but because I believe it's the future,

Now many years later I made some profit but the functionality and goal of bitcoin or crypto in general remains important for me.
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July 22, 2017, 04:50:29 PM
 #25

Hey there. New to the BitcoinTalk forums, happy to be here Smiley

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

Don't trade. Get a student job and buy Coins every month with your earned Money. That is what I did from 2014 till now.
freeyourmind
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July 22, 2017, 05:06:53 PM
 #26

Hey there. New to the BitcoinTalk forums, happy to be here Smiley

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

Don't trade. Get a student job and buy Coins every month with your earned Money. That is what I did from 2014 till now.

Good advice that has likely provided you with handsome profits over the past few years.

I'd recommend putting some of your savings into Bitcoin, and see how it goes.  There's no commitment with it.  If you change your mind down the road you can always convert it back to fiat.
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July 22, 2017, 08:54:09 PM
 #27

Just put money that you can afford to lose and I think you will be all good. Or you can saved just portion by portion and I'm sure that it no time you will accumulated more than you ever think. But as others have said, just don't do trade otherwise you might lose your money because trading has risk involved. I also would like to say that don't focus on bitcoin but rather focus more on your study kid. I can't say how much you can profit for a year because of the price fluctuations but I guess you will have a solid profit if you are planning to put investment for about 6 months. Specially that bitcoin price is going strong up until in the end of the year. IMHO.

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amacar2
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July 22, 2017, 08:54:26 PM
 #28

Yes its never late to invest in bitcoin, if you have invested that $250 last year you could have 10x the amount by now  Wink But you missed it so don't miss it for next year.

Any price under $3000 is good entry point for now.

 
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July 22, 2017, 08:57:28 PM
 #29

Hey there. New to the BitcoinTalk forums, happy to be here Smiley

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

Don't trade. Get a student job and buy Coins every month with your earned Money. That is what I did from 2014 till now.
Solid advice.  OP sounds more like he wants to put everything on red though.
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July 22, 2017, 11:47:45 PM
 #30

Hey there. New to the BitcoinTalk forums, happy to be here Smiley

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

You should do it as soon as possible. There is a possibility that you may retire very rich and even better a possibility that you will retire very early.
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July 22, 2017, 11:49:45 PM
 #31

Hey there. New to the BitcoinTalk forums, happy to be here Smiley

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

Don't trade. Get a student job and buy Coins every month with your earned Money. That is what I did from 2014 till now.
Solid advice.  OP sounds more like he wants to put everything on red though.

OP sounds like he wants to invest not trade? I would say putting his christmas and birthday money into bitcoin is a sound idea especially since it would prevent him from spending it on things he will probably never need anyway. Its not like he is thinking to use money he can't afford to lose as some people have been doing.
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July 23, 2017, 12:04:27 AM
 #32

It doesn't matter what you are actually what matters is that you believe in the system behind bitcoin. I started with bitcoin, not for gain, but because I believe it's the future,

Now many years later I made some profit but the functionality and goal of bitcoin or crypto in general remains important for me.

Yeah very simple, from a cleaner to a professor, bitcoin is available for everyone. And as a student, I save some money to buy bitcoin from exchanges. I can tell you (the guy opened the thread) to buy bitcoin.
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July 23, 2017, 08:23:25 AM
 #33

I am a student (Mathematics) and I am investing all the money that I don't need to use for rent/food/utilities. I would rather stake my money on cryptos (and stocks) than to go out partying and wasting my money on club fees and booze.

There'll always be time to party later, and it'll be much more enjoyable when I don't have to think about the money that I'm spending because I'll have so much (even if crypto goes bad, stock investments are great too).
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July 23, 2017, 08:36:27 AM
 #34

I recommend don't invest in scheme and such alike it will waste both your time and BTC for God sake, just hold your ideal amount of coin and see if the BTC is rising to your ideal time to sell it just wait and you will know patience is virtue, I think it worth a while to give it a shot and save some decent amount of coin like 2BTC we will never know.
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July 23, 2017, 09:07:52 AM
 #35

Hey there. New to the BitcoinTalk forums, happy to be here Smiley

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

Don't trade. Get a student job and buy Coins every month with your earned Money. That is what I did from 2014 till now.
Solid advice.  OP sounds more like he wants to put everything on red though.

OP sounds like he wants to invest not trade? I would say putting his christmas and birthday money into bitcoin is a sound idea especially since it would prevent him from spending it on things he will probably never need anyway. Its not like he is thinking to use money he can't afford to lose as some people have been doing.

Quote
And how much profit would I be able to make within half a year or so?
He is not asking if we think bitcoin is undervalued, he is asking us how much riches he can get quickly.
I am not judging, it is a common attitude (I am quite the greedy pig myself), but it is also the attitude that is most likely to lose you money.
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July 24, 2017, 09:53:48 PM
 #36

Hey there. New to the BitcoinTalk forums, happy to be here Smiley

I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so?

Don't trade. Get a student job and buy Coins every month with your earned Money. That is what I did from 2014 till now.
Solid advice.  OP sounds more like he wants to put everything on red though.

OP sounds like he wants to invest not trade? I would say putting his christmas and birthday money into bitcoin is a sound idea especially since it would prevent him from spending it on things he will probably never need anyway. Its not like he is thinking to use money he can't afford to lose as some people have been doing.

Quote
And how much profit would I be able to make within half a year or so?
He is not asking if we think bitcoin is undervalued, he is asking us how much riches he can get quickly.
I am not judging, it is a common attitude (I am quite the greedy pig myself), but it is also the attitude that is most likely to lose you money.
If a person knows how, knows what he wants and knows how to earn, then we here say nothing about greed. Everyone gets what they want. If someone wants to have more, then always please.

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July 24, 2017, 11:03:59 PM
 #37

I think as a student if you are holding that amount and want to invest it in bitcoin.. better to invest it before the price can be increase more soon.. if you heard the price before when the price reach $1,800+ you already made a good profit today and you already make high profit.
And if you holding even 1 btc you can make almost $1000 because of the price increase if you sell your 1 bitcoin right now when the price of bitcoin is $1800+
So it is worth it to invest if you are just investing in bitcoin but investing in other altcoin i can't guaranteed that you can make a good profit it will be still depends in the demand and supply of altcoin.. but much better to stay with bitcoin..
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July 24, 2017, 11:10:35 PM
 #38

Brother, if it's extra cash to you (as in, you won't be needing it to eat or clothe yourself), then I say go for it.  You could stand to make a pretty decent return.  Just don't make the mistake of using money that you're going to need.  I see a lot of people here doing that.  That is equivalent to gambling the baby's diaper money.

Anyone who gets into bitcoin now is still getting in early.  That's my official position.
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July 24, 2017, 11:16:04 PM
 #39

Just buy some BTC. Don't try to play the alts, don't try to trade. Hold on to it. You could split up your couple of hundred dollars, buy $50 increments over a fixed time increment (weeks/months/whatever). This is called dollar cost averaging. If you spend it all on BTC at one time, it's easy to get emotionally invested in That Price That I Bought At.

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July 25, 2017, 04:17:50 AM
 #40

Just buy some BTC. Don't try to play the alts, don't try to trade. Hold on to it. You could split up your couple of hundred dollars, buy $50 increments over a fixed time increment (weeks/months/whatever). This is called dollar cost averaging. If you spend it all on BTC at one time, it's easy to get emotionally invested in That Price That I Bought At.
You can wait to see what will be around August 1, because it is possible. Then it is worthwhile to put this money with vodka. Although today the price is still high and should not be bought right now.
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