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Author Topic: Is it actually worth buying btc of 50€?  (Read 1126 times)
BCMB
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September 16, 2017, 09:48:32 PM
 #21

Hello, I am actually a university student and my budget is kinda limited(a lot) so I was thinking. Is it worth to actually buy btc worth of 50€ right now?
My friend told that it's troublesome  for just that amount of money(to actually buy when I get more and the price falls low again . But I am worried in case I lose this chance now, because who knows when btc will reach 600€ again? Years? Months? Never? Even if the prices goes to x2 I think it's a pretty good deal)
What do you think?

Think of it this way, what else were you going to do with that money? Video games, booze? I would suggest looking into dollar cost averaging if you are on a tight budget, that way you can take advantage of any price swings.

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September 17, 2017, 03:56:09 AM
 #22

Yes it is worth it to buy bitcoin worth of 50 Euros because that is a good start for investing in bitcoin and if you have extra money everyday then just use those money to buy bitcoin and treat bitcoin as a long term investment and also an option for your future retirement fund so instead of wasting money in useless things then just put it on bitcoin.

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Carlsen
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September 17, 2017, 07:44:52 AM
 #23

The only thing that is limiting the minimum amount of bitcoin to buy is in my eyes the fee you have to pay.
I don't think that the fees should be higher than 1% of the traded amount.
Sometimes you have to pay a minimum fee or a fixed fee. I would always compare that fee to the amount I want to invest.
If the fee is higher than the 1%, I would either search another way to buy or wait until I have more money for a larger investment.

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September 17, 2017, 12:38:58 PM
 #24

Every amount is good to invest, you will get a profit in the future anyway. Now it's a perfect time buy more bitcoin. Normally, I would suggest coinify or blockchain.info to buy with a credit card but you would have to pay fees for using credit card. Try to buy BTC from someone you know. I'm only familiar with exchanges Bitcoin -> fiat in my country.

Every amount is good? Like the €50 that OP is planning to "invest"? No, I believe not. "Investing" a very small amount and thinking that it will become anything significant is really only a "pie in the sky" so to speak. You would be very lucky to turn that into €5000.

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September 17, 2017, 06:45:58 PM
 #25

Wow. Seriously Thank you all of you for your replies. Would love to answer to each one of you but thats just Too much and spam. I read all of them and again i am thankful. I will most likely invest this sum! Thanks ^^
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September 17, 2017, 06:54:46 PM
 #26

Why not, it's wort buying the sum you can invest, no matter how big or small. Maybe with time you could invest more. The best option is maybe to buy at localbitcoins, I think you can find a seller with lower fees than some exchangers. Look at this bitcoin buying as investment to your future, better than you spend that money on booz or girls.  Grin

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September 17, 2017, 07:05:21 PM
 #27

Hello, I am actually a university student and my budget is kinda limited(a lot) so I was thinking. Is it worth to actually buy btc worth of 50€ right now?
My friend told that it's troublesome  for just that amount of money(to actually buy when I get more and the price falls low again . But I am worried in case I lose this chance now, because who knows when btc will reach 600€ again? Years? Months? Never? Even if the prices goes to x2 I think it's a pretty good deal)
What do you think?
Don't commit the same mistake that others did. Bitcoin will go up whether you buy it or not. It is just a matter of time. Always remember, great achievements involve great risk.

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September 17, 2017, 07:25:43 PM
 #28

Now it's really worth buying bitcoin, while its price has dropped very much. Even if its rate will fall still, vseravno in the long run you will find yourself with a big profit. However, it is possible that some of the funds are better to invest in promising coins, such as ripples, monero, litecoin, ethereum.
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September 17, 2017, 07:34:09 PM
 #29

Hello, I am actually a university student and my budget is kinda limited(a lot) so I was thinking. Is it worth to actually buy btc worth of 50€ right now?
My friend told that it's troublesome  for just that amount of money(to actually buy when I get more and the price falls low again . But I am worried in case I lose this chance now, because who knows when btc will reach 600€ again? Years? Months? Never? Even if the prices goes to x2 I think it's a pretty good deal)
What do you think?

600$? If you plan to save in a long term yes buy btc, but if you want quickly and easy profit: NO! never buy btc you will only be disappointed.
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September 17, 2017, 07:43:36 PM
 #30

The past few days/week has obviously seen considerable fluctuation in the price of BTC.  In my opinion, its a great time to actually buy in if it is something you are considering.   My only word of advice usually is that, if you are planning to invest, invest with a disposable sum because you might not see huge returns instantly but over time, the chances of you making a profit on your holding is quite high.  It is worth noting though that anything 'speculation' is just that 'speculation', nothing can be 100% certain.    Whatever you decide, make sure you do a little research yourself and be in it for the long term.
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September 17, 2017, 08:31:36 PM
 #31

Do not pessimistic friend. Regardless of your number that tabit Bitcoin, will be a lot later if you continue to buy Bitcoin. A little bit over time the money you have will become Bitcoin. because the concept of saving is stable even a little.

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pushups44
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September 17, 2017, 08:39:15 PM
 #32

If you buy at regular intervals you cannot go wrong, because you would be buying during upturns and downturns, thus averaging your cost per bitcoin over time. So if you were to buy now and bitcoin were to drop, your dollar cost would drop when buying the next time.
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September 17, 2017, 08:45:57 PM
 #33

Hello, I am actually a university student and my budget is kinda limited(a lot) so I was thinking. Is it worth to actually buy btc worth of 50€ right now?
My friend told that it's troublesome  for just that amount of money(to actually buy when I get more and the price falls low again . But I am worried in case I lose this chance now, because who knows when btc will reach 600€ again? Years? Months? Never? Even if the prices goes to x2 I think it's a pretty good deal)
What do you think?
You dont understand how bitcoin investment works. You expect its price to double in just a few days and make an easy 50$. No, bitcoin price is not going to double in just a few days, or even a few weeks. If you invest in bitcoin dont expect for fast profit. You have to wait at least 3-4 months maybe even more to see a good profit. Especially for only a 50$ investment.
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September 17, 2017, 09:02:24 PM
 #34

You can also buy some every month if you can miss it , 20 dollar a month will add up.
And you will keep your cost average down.

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September 17, 2017, 09:17:57 PM
 #35

The amount is not relevant 50.000usd or 50usd, now is a good time to buy if you can wait at least 1 year before sell your bitcoins

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September 17, 2017, 09:27:25 PM
 #36

Yes buy even if it's only a little bit. It's arill worth it since it's a better payment method. Just conversion of your normal fiat into bitcoin. Use the bitcoin to spend instead of fiat money. Forget about Fiat entirely. Just use BTC to spend on whatever you normally buy. Anything else you can spend Fiat as. Plus it acts as a good investment as well. It's an I
Investment you can spend. Enjoy it. Smiley

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September 17, 2017, 09:35:06 PM
 #37

You guys haven't read his reply or what?
He's already decided and will invest. It's pointless to keep saying he should!
https://bitcointalk.org/index.php?topic=2181912.msg21938532#msg21938532


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September 17, 2017, 10:38:43 PM
 #38

I think it is not only worth buying $50 of Bitcoin, but also worth to buy even just $5. Smiley
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September 19, 2017, 09:25:45 AM
 #39

Hello, I am actually a university student and my budget is kinda limited(a lot) so I was thinking. Is it worth to actually buy btc worth of 50€ right now?
My friend told that it's troublesome  for just that amount of money(to actually buy when I get more and the price falls low again . But I am worried in case I lose this chance now, because who knows when btc will reach 600€ again? Years? Months? Never? Even if the prices goes to x2 I think it's a pretty good deal)
What do you think?

Instead of buying you can also consider earning bitcoin on this forum. 50€ value in btc is not too difficult to make within a few weeks.
There are many effective ways to earn bitcoins. For example selling services, signature campaign, social media bounties and so on.
That way, you will not risk anything but a bit of your free time.


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October 22, 2017, 07:55:19 PM
 #40

The amount you but is relative, what you are betting on is the direction the price will go.
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