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

[snowdropfore]

get in as soon as possible, it is not too late ,it does not matter what price you buy,3000,or 4000. all you have to do is holding

[LavaJack]

get in as soon as possible, it is not too late ,it does not matter what price you buy,3000,or 4000. all you have to do is holding

This is right. It's currently in a bull market with no forseeable major negative catalyst, except for another hard fork in november (which, by all means, means nothing for the bitcoin network but the market will move sentimentally).

[Pleione527]

If you're planning to invest it for a long term investment I would suggest yes because I believe bitcoin is still undervalued and that it would probably increase after some quite time. But if it's for short term investment better wait till the price goes down because as of this time the value of bitcoin is really high and you might not earn if you invest now

[Carlsen]

It depends on how necessary that money is for you.
If you say that you would invest that money anyway into something, then go ahead.
If you think it's a good way to make profit in a short time because you need the profit, be careful.
I would not see bitcoin as a short term investment.
To be on the safe side, I would calculate with some time to sell it again.

[skorupi17]

At this point? I have to say yes to that. If only I have 1000 USD in possession, I will definitely invest it to Bitcoin immediately. I am pretty confident that Bitcoin will still increase in price. The only question for you is for how long do you need/want to hold your Bitcoin? If it is for a short period of time only, you might not get a lot or even lose some; but if you will hold 'em for a long period of time, a year or so, then I suggest that you get on board now!

[Cranidos]

What is your input?

Of course. I always wanted to buy some Bitcoin but I cannot since I cannot afford to buy some even at a small percentage. Not that I am so poor or something, I just do not have some money now that I can afford to lose. If you will invest 1000 USD now, it might gain profit since all are seeing Bitcoin boarding a new rocket.

[harizen]

What is your input?

Wise or not, go throw it away on bitcoin.

If you are here in the forum way back when the price was still on $1,000 for the first time since the last time it happened, there are some questions about if it's too late to ride the wave? Hesitation coems up to the mind of others and instead of buying they want to wait for more dips but it didn't happened. And still the same concern was being brought up while the price is increasing. If you look chronologically, the price suffers price crash but in the end, the rise is way more higher.

Now come to think of it after all those happenings. Do you think it's wise to invest on bitcoin right now?

[flounderella]

Add slowly every week

[sapnu]

What is your input?

Yes, because at this moment, and as we are seeing right now, Bitcoin is on fire. Continuous increase on it market value is happening. If you'll invest now and buy Bitcoin, you'll just hold it and see how high will bitcoin increase. It will be a good decision to invest at this point where Bitcoin is more in demand as it was before.

[EdenHazard]

get in as soon as possible, it is not too late ,it does not matter what price you buy,3000,or 4000. all you have to do is holding

yes , the price could still rising to unlimited value ! as an early adopter said and did , they will never cashout their bitcoin until it has reached $1 million dollar or at least $100k! so your $1k could still turn up to 100 times , nobody knows about that right ?

take a risk now or crying and regret later , just like when you see the price of bitcoin only $10 7 years ago and now it is $4,500.

[Betwrong]

get in as soon as possible, it is not too late ,it does not matter what price you buy,3000,or 4000. all you have to do is holding

That's true. I remember some time back a friend of mine said "I regret I haven't bought BTC earlier but now it's obviously too late". And Bitcoin was $1,800 at the time.

Yes, it would be a wise move to invest 1k into Bitcoin at this point. While it is unclear whether Bitcoin will go over 10k USD in the near future, there is no doubt that it will go above 5k.

[DeathAngel]

Anybody who tells you not to invest into bitcoin is an idiot, it's one of the best performing investments in the world over the last couple of years. The price will continue to fly up too.

[DrGuns4Hands]

maybe this is not the time to invest 1k wait till the price drop up to $2k in order to get a good comeback from your funds. or do trading instead. Bitcoin is the best thing to invest to but this is just not the right time for that because anytime bitcoin would have it big dump and that's the best moment to invest, sometimes bitcoin drop price when it's on around 6pm forum time.

[cashodler]

wait for November, you might get 0.5 BTC for 1k. But if I were you, I'd go all in in OmiseGo (OMG). Get some info and do your due diligence. Money is not to be made on Bitcoin.

[Hamphser]

Add slowly every week

Investing or putting money on bitcoin is always wise to get in no matter which time you would decide specially if you are really longing for longer term targets and as been said above adding slowly small amount on bitcoin would really add up your bitcoin savings and this is what im doing now which is also a good way on becoming successful on bitcoin world. You may buy some altcoin in the market which you seem would give you money then proceed but since you are asking about bitcoin then its still the best choice.

[daxiake]

maybe this is not the time to invest 1k wait till the price drop up to $2k in order to get a good comeback from your funds. or do trading instead. Bitcoin is the best thing to invest to but this is just not the right time for that because anytime bitcoin would have it big dump and that's the best moment to invest, sometimes bitcoin drop price when it's on around 6pm forum time.

Do you really think that price will go back to $2k in coming months? I really don't see it happening as price is moving higher and higher and now most of us are hoping to see the price of $5k in next few days or months so even if he invests right now he can make good profits by selling his coins when it crosses $5k price.

[HalfDeck]

Anybody who tells you not to invest into bitcoin is an idiot, it's one of the best performing investments in the world over the last couple of years. The price will continue to fly up too.

Depends the opinion of everyone, if some people know any type investment better than Bitcoin and can helps them have an income stable, this is reason make them don't like bitcoin and do not investing to it because they understand the risk for try invest to Bitcoin high than their job.

[ahmia39]

With a variety of considerations, it maybe someone choose cancel to invest in bitcoin and that's not an idiot. However, if my position has $1K, i wouldn't hesitate to buy bitcoin. There are many ways to make money and not always from bitcoin, because altcoin is profitable too.

[jvdp]

With a variety of considerations, it maybe someone choose cancel to invest in bitcoin and that's not an idiot. However, if my position has $1K, i wouldn't hesitate to buy bitcoin. There are many ways to make money and not always from bitcoin, because altcoin is profitable too.

No not at all. If you have 1000$ means,bitcoin is the only place to inverse your money. Even if you inverse in gold means it will give little bit profit .But in bitcoin it's entirely different. When ever you want profit means you can sell the holding bitcoin to get the how much profit you want.

[fasdorcas]

What is your input?

My input is that to invest just 100$ in these days in bitcoin because I know that tomorrow my 100$ USD would be 200$ so it's far better for me to join bitcoin right now with 100$ USD. Because it will make me better in future as I earn from bitcoin 75% of them I will invest once again so I would like to say that I should join bitcoin right now because this is a great time to join.