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Author Topic: What is a good amount of BTC to Buy?  (Read 3060 times)
Tmnt581
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September 15, 2017, 01:46:27 AM
#1

What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?
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September 15, 2017, 02:04:28 AM
#2

What is a good amount of Bitcoin to buy for first time buyers new to the crypto market?
Any amount that you can afford to lose and is willing to invest. There is really no minimum.

What kind of return can you expect to see within a week?
You can't really predict this kind of returns. You can easily lose a lot of money if you are not patient and don't have the nerves to watch your money getting burned.

If you had bought 1 Bitcoin last week (~$4600), you would have lost ~$1220 by now - yes, ~26% in one week. The same way that if you had done the same buy two months ago, you would have profited $1500 or $2800 if you have sold at the top. Bitcoin is very volatile and if you don't know what you are doing, you will end up regretting.

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September 15, 2017, 03:39:23 AM
#3

What is a good amount of Bitcoin to buy for first time buyers new to the crypto market?
Any amount that you can afford to lose and is willing to invest. There is really no minimum.

What kind of return can you expect to see within a week?
You can't really predict this kind of returns. You can easily lose a lot of money if you are not patient and don't have the nerves to watch your money getting burned.

If you had bought 1 Bitcoin last week (~$4600), you would have lost ~$1220 by now - yes, ~26% in one week. The same way that if you had done the same buy two months ago, you would have profited $1500 or $2800 if you have sold at the top. Bitcoin is very volatile and if you don't know what you are doing, you will end up regretting.
I agree bitcoin is totally decreasing so iits your desisyon if you buy bitcoin now or hold it becuase for me bitcoin si volatile so i know that the decreasing of value is natural so i believe that bitcoin will going increase again. Smiley

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September 15, 2017, 04:21:46 AM
#4

just wait till it drops more and once you found out that bitcoin is going bubble again you can invest early ASAP and then buy bitcoin as much as you can in that case you can make a good profit on it. trading works that way so definitely all traders starting to gather and planning when to buy bitcoin and that demand will gonna cause bitcoin price to rise again.

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September 15, 2017, 04:23:59 AM
#5

What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?

Depending on how much you can avail without any thoughts of feeling regret. Price of bitcoin at $3,300 is good of buying now if you are expecting something in return for this week then better to think again. Bitcoin isn't just a type of short term investment better goal for yourself for long term ones because bitcoin, the longer - the better.

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September 15, 2017, 04:29:39 AM
#6

What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?

Depending on how much you can avail without any thoughts of feeling regret. Price of bitcoin at $3,300 is good of buying now if you are expecting something in return for this week then better to think again. Bitcoin isn't just a type of short term investment better goal for yourself for long term ones because bitcoin, the longer - the better.
its hard to make an entry right now its seems that it can go down much more and this issue with china still circulating all around the crypto
industry, but just like what you have said if you can treat this as an investment which you can hold for a long term goal the price right now
can be a good timing just don't panic when value drop still.

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September 15, 2017, 04:41:49 AM
#7

What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?

Bitcoin is going down this days and time for buying is great. The best moment for buying is when bitcoin touch lowest price, I seen some twitts about bottom line and its around 2.500$. Bottom can be lower or higher its up to you when exactly will you buy, choose good and you will make good profit, in all other ways you will make less profit.
Within a week is hard to say, September is worst month this year and if you plan to make profit in a week then wait with buying, price will go down a bit more, bad news are coming from many side. Maybe waiting September to pass is a good thing to do, or to buy if situation settle before end of this month.

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September 15, 2017, 05:14:06 AM
#8

What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?

this now is not good time buy bitcoin
bitcoin price still down trend, wait until bitcoin price reach to bottom line
maybe 2000/2500 dollar, but you can try buy bitcoin with price 3000 dollar

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September 15, 2017, 05:18:31 AM
#9

If you have not made any purchase yet of bitcoin, I would suggest to hold on considering the market is really very choppy at the moment. Its  a free fall for now due to huge impact of China's ban on exchanges. This would be further bleed the market and may even fall to 2500$ in coming time. So wait till that time.

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September 15, 2017, 05:26:12 AM
#10

It totally depends on your investment capacity and your risk profile. Since the crypto market is known for its wild behaviour, one should invest considering all the possibilities.

Now, coming back to the current scenario, I am not expecting any growth within a week because we are in a correction phase and when the price increased by more than 150%, there is not a big deal if it falls by 50% and we are at -30% stage from $5,000 price level so I am not much confident about investment at this stage considering returns in one week but yes, one can start accumulating Bitcoins in smaller quantity for mid or long term. Please do your own research before taking any investment decision.

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September 15, 2017, 05:30:46 AM
#11

What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?
The best amount for me is depending on how much you could afford it depends on you,
And on what is your purpose on buying it?

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September 15, 2017, 05:36:30 AM
#12

Ok so let figure out the problem. You're first time to buy BTC and you want to ask amount . I will give you some advices depend on your situation:
- Gambling: if this is the reason you buy bitcoin, i offer you for 0,03btc is the best , cause that's not much if you lose. Gambling is risk remember that.
- Investing: the amount will be normal around 0,1-0.2 , this is a good amount to investing to some website.
- Trading or Holding: i offer you about 0.5-1 cause this is the right time to buy BTC. Price is very low at bottom so ir you buy now , you gonna earn a good profit when the price is back.
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September 15, 2017, 05:46:33 AM
#13

In addition to the suggestions already given, an additional structure you should
add is "scaling in" to your buys. In other words, don't buy all your BTC at once.
That's trying to "paint the bottom" and is bad trading psychology.

So for example, let's say you have decided to invest (and are also okay with losing)
$300.  Split that into 3 x $100 segments. Set price triggers to buy each $100
segment.

A reasonable arrangement might be buying $100 at around the current
price of $3200. Buy the next $100 at after a more substantial decline. Then buy
the last $100 on a pretty large decline (like on a full retracement of the last swing
low at $2000).
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September 15, 2017, 05:48:17 AM
#14

If you are buying it for the first time,then i think 0.1btc would be the best choise...it will neither be too expensive and also a decent amount..i wont recommend lower than that as nothing much can be done with that...
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September 15, 2017, 05:57:23 AM
#15

For me it will be in the range from 3k to 3.2k. Because eventually, bitcoin will going to the moon again. Lets take at a possitive look for this dump. More and more country are investing in cryptocurrency thats why I think it will increase again

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September 15, 2017, 07:47:48 AM
#16

What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?

i think its depend how much amount you have because there is no minimal amount of bitcoin to buy for first time. but i suggest that you must use free money that you don't use for your daily needs because it will risk your daily life. we can not expecting to get much of bitcoin for a week but its possible if there is any coins that suddenly jump in the price so we can make much of bitcoin.


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September 15, 2017, 08:05:48 AM
#17

I think if you have a lot of money to buy some bitcoin then even just a 1 - 10 worth is enough to earn you within a week after you buy it. On the other hand, let's just wait until the bitcoin price is low for you to buy some bitcoin, but I think right now bitcoins' value is in decrease mode then I would recommend you to wait until the price of it becomes low and if you think your capital to buy some bitcoin is worth enough that youll earn also even in few weeks or months then don't hesitate to buy some youll really earn a lot mate.

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fishbonez11
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September 15, 2017, 08:22:04 AM
#18

It is good to buy an amount that you are willing to lose. The rise or fall of bitcoin price depends on many factors, and honestly, it is difficult to predict. But my advise for you is to buy when the prices are down, then you can either hold or sell when the prices are up.
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September 15, 2017, 08:30:32 AM
#19

This is completely depend on you, it depends on your pocket! If you have millions of dollars, buy bitcoin anywhere from 100 - 200 Bitcoins that will surely make you a multi millionaire in few years. But if you have small budget you may start small by buying 1-2 Bitcoins and hold it for like a year or so, you can easily double your investment. Cool
batang_bitcoin
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September 15, 2017, 10:54:37 PM
#20

What is a good amount of Bitcoin to buy for first time buyers new to the crypto market? What kind of return can you expect to see within a week?

Depending on how much you can avail without any thoughts of feeling regret. Price of bitcoin at $3,300 is good of buying now if you are expecting something in return for this week then better to think again. Bitcoin isn't just a type of short term investment better goal for yourself for long term ones because bitcoin, the longer - the better.
its hard to make an entry right now its seems that it can go down much more and this issue with china still circulating all around the crypto
industry, but just like what you have said if you can treat this as an investment which you can hold for a long term goal the price right now
can be a good timing just don't panic when value drop still.

No it's not, if you did an entry point of price range at $4,050 - $4,500 you are still in good entry point. And actually the price now is $4,700 and considering that bitcoin's price can go up to $10,000 so this price is still good amount to buy. Don't think about those issues on China anymore, they have the same agenda of having a good entry point too.

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