Is it wise to invest 1k into Bitcoin at this point?

[jak3]

of course, bitcoin is right now is a movement which will make a guaranteed profit everyone is possibly extracting profits from the markets as much they can. bitcoin was always the best option for the long term investments but now it is even the best possible investment which can make you rich in just 1year or if not then of course in 2years. it is generating profit in extream rate and I am sure banks are already roasted due to their jealousy and hates.

[hosseinimr93]

What is your input?

I think you should wait for some time, there will be slightly correction in the bitcoin value. Once the price is low you can buy the bitcoin at lower price. But as per me 1K is very less investment, you should invest little more if you want to see more profit.

It is possible to wait and buy at a price a little lower than current. But we don't know what will happen. We might see much higher price in coming days. In my opinion the risk doesn't worth it. Think about long-term and invest right now.

[Basmic]

I think that we saw too rapid a price rise so it was a real. I wouldn't now buy bitcoin. Probably need to wait. Towards the end of August, the price should stabilize and show your real figure. This price as it is now should be the end of the year.

[bitbunnny]

I believe it is if you can afford to invest that much. Could be that the price will be dumped a little, but it could also get up in the upcoming days. Anyway, in both scenarios you will make profit if you buy Bitcoins because the price will for sure rise and on that high invested amount you could earn a very nice sum. It's not impossible to see 5000$ even this year.

[Scorpion]

I am not a financial adviser, you are responsible for your own decisions, you should take the time do your own research and come to your conclusions. But you Bitcoin is $4,300 each right now and easily hit $9,000 by the end of the year, essentially doubling your money in 4 months or so.

[BitcoinExpart]

Invest in Bitcoin always profitable, past result something like indicate that. Bitcoin going to the moon, after segwit active a tremendous impact on Bitcoin price. It is called worth investment.

[rarkenin]

I am not a financial adviser, you are responsible for your own decisions, you should take the time do your own research and come to your conclusions. But you Bitcoin is $4,300 each right now and easily hit $9,000 by the end of the year, essentially doubling your money in 4 months or so.

Bitcoin is good investment but you should hold your bitcoins for a long time to take advantage of today's time/price ratio. It it never late to buy and keep bitcoin imo..

[cr1776]

What is your input?

I've seen people asking that (not necessarily that amount) since 2010 and the answer is that no one knows, but if you believe in the transformative ability of bitcoin, that should give you a good idea.

[laurenB7742]

Depends on your goal. If you're investing, I mean on the long run, then anytime is good. But if you want to make quick buck, buying low, selling high, then you should wait because there will be a dump to 3000 or something like that. But you will need to catch that moment because soon after that, the price will go up again.

[jorrit]

Depends on your goal. If you're investing, I mean on the long run, then anytime is good. But if you want to make quick buck, buying low, selling high, then you should wait because there will be a dump to 3000 or something like that. But you will need to catch that moment because soon after that, the price will go up again.

Can you explain why you think this will be the case? Have you observed this pattern previously?

[darkangel11]

It's worth it, just note that it may take a year or more for bitcoin price to raise by 50%, and even in such case you'll only earn $500, which isn't anything big. Best case scenario in a year you'll make enough to buy a new PC.
Worst case scenario we'll have a large correction, like the one throughout 2014 and you'll have to wait for another 2 years to profit.

[yoseph]

What is your input?

When it comes to Bitcoins,  it's never too late to invest, if you have the fujds, I'd advise that you invest more into the currency. This is one sure investment that is sure not to fail at all, it maybe a while but you are going to see profits eventually.

[sock_info.doNOT.send.$]

Only if you have more to throw in later, when prices are much lower. This market is moving, in both directions, every day. Be prepared to sell part of what you buy today for a fast profit, and buy back cheaper. People who ignore the down moves are not making max returns.

[richardsNY]

People who ignore the down moves are not making max returns.

Most people are too dumb to benefit from the volatility that this market offers to people. It's not for nothing that people end up selling at a loss when the price is tanking big time -- they just blindly invest in Bitcoin just assuming they will make some quick profits. Fact is that if you need to hear from others whether or not it's a good time to invest in Bitcoin, you don't know what you are doing, and you're obviously not ready for the volatility. These people are purely gambling as there is no thought or analysis to their actions.

[john2231]

Well buying bitcoin is always good decision so if you really want to make a good profit better to invest it in bitcoin and hold it for a long time. . but first wait for the price to decrease first a little bit just to get the benefits of the price dump and pump..
Wait for a good timing this is why other can make a good profit daily..  even you are seeing a huge price increase there is possibility that the price of bitcoin can be increase more soon..

[ultrloa]

Buying bitcoins for now is very good decision but if you can wait for little backward dip then you might earn good with it at this moment. But If you speculate something good will be happen on bitcoins then you should buy right now since bitcoins price is pretty fast moving and the price rage is getting more faster and maybe for now we can see some great major lift until 5000$ will be reached.

[Adbitco]

I would advise you to watch the market for some time before you actually buy bitcoins. The volatility is at peak and the chances are such that you might end up losing your money especially if you are looking for quick gains and don't intend to hold it for long but ultimately it's a decision you have to take on your own. Although there might appear fair chances of bitcoin prices going up but don't ignore the possibility of them going down too altogether.

[angaper]

Any investment in highly volatile instruments will always involve risks inherent to any investment of this nature, since no one in this forum or any other specialized site has been able to predict the bitcoin behavior in the long or medium term. But if you can afford to risk that money, it can certainly be a good decision although you could expect for some correction to buy below $4000.

[ajmapalo22]

At this point it's quite risky if you invest 1K because I think the value of bitcoin is high enough for this year, Maybe bitcoin value will continue to increase but for this year I think it has reach it's maximum amount...better wait when the value of bitcoin crashed again since it continue to fluctuates. The best time to invest is when the price is low and sell when the price is high.

[ASHLIUSZ]

Right now investing with bitcoin is good decision. As the price increase taking place in multiples of 100$ and above surely even a 0.1btc gives a profit to the invested amount. So 1k it's quite possible to buy more than 0.2 btc which can get a good profit. Maybe the same if held for years can benefit good in future.