hibr3d (OP)
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October 31, 2017, 11:01:10 AM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
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rjclarke2000
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October 31, 2017, 11:14:33 AM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
I can't advise on ETH but BTC just hit an all time high recently. Do you really want to buy at the top? If you want a short term return don't invest. If you want to hold on to your investment for 1-5 years then yes invest. A few hundred bucks swinging up or down won't affect you long term. Just be sure to buy your BTC and then set up a paper wallet and I advise to keep this wallet and private key locked in a safe in 2 separate locations. Good luck.
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hibr3d (OP)
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October 31, 2017, 11:52:14 AM |
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I will try to buy BTC at a dip. Could you refer me to a guide that teaches how to safelly keep your BTC?
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jackhdt
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October 31, 2017, 11:57:26 AM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
the money you invest is not too big, if you want to have interest in a short time, then this is not the time. Bitcoin price recently increased few days ago, often after a price increase will accompany a discount then best you wait for it If you want long term investment then this is a good time to invest in Bitcoin I no comments about etherum
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Make me great again
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Welsh
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October 31, 2017, 12:04:33 PM |
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I will try to buy BTC at a dip. Could you refer me to a guide that teaches how to safelly keep your BTC?
Depends what you mean by that, if you want to keep your Bitcoin safe in a general way then an offline wallet is recommended. But, if you are asking how to keep it safe from trading, then there's isn't a guide for that. Anyway, if you want to learn about offline wallets then check this link out: https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_walletBitcoin is currently the best thing to invest in for the long term in my opinion and I would stay away from alt coins for the long term and only trade in them.
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lumeire
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Next-Gen Trade Racing Metaverse
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October 31, 2017, 12:20:34 PM |
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Eth is a much better investment at this point IMO. Or you can go invest in worthy ICOs. Just do proper research. The BTCBTCBTC ship has sailed already and the potential isn't too rewarding anymore.
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jakezyrus
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October 31, 2017, 12:29:31 PM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
no its not bad to invest these coins but its not good either because there always a risk on investing. etherium is best for long term holdings while bitcoin is both for short term and long term, although it is not the best time to buy bitcoin because its value is still high but not on etherium and other altcoins because their values are still low. overall its up to you if you still insist then you must go ahead now and invest as early as possible because their values are still going up through the roof.
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warrior333
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October 31, 2017, 12:40:46 PM |
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There is no such thing too late to invest. There is always a possibility. The most important thing to be able to do it and know what is profitable to invest at the moment. If you choose between Ethereum and bitcoin I would chose bitcoin. If you invest in both of them you reduce the risk, but it is very inter-connected coins. When bitcoin rises in price at this point cheaper Ethereum. In fact, you niveliruya your income.
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Fuhre
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October 31, 2017, 12:47:55 PM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
you can start for a long-term investment, I am sure you will get a big profit one day. there are still many possibilities that will happen and more people today are speculating bitcoin can break the $ 10k price, I myself believe because if we see more and more people who need bitcoin. so, this is not a hard thing for bitcoin to get there.
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makishart
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October 31, 2017, 01:13:27 PM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
But i guess to go to the bitcoin will become a better way. As you can see a lot of people are hype the bitcoin due to the next hardfork at the middle of november. You should try to learn about that. To invest in the ethereum will involve very low risk caused by the ethereum only rise in its dollar value caused by the bitcoin. 70% for bitcoin and the remaining value goes to the ethereum. It seems good
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BTCLovingDude
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October 31, 2017, 01:16:25 PM |
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Eth is a much better investment at this point IMO. Or you can go invest in worthy ICOs. Just do proper research. The BTCBTCBTC ship has sailed already and the potential isn't too rewarding anymore.
well people have been expecting that for years and saying bitcoin ship has sailed then bitcoin price went from $200 to $400. then they said it again when the halving happened and were also saying miners will quit and bitcoin will die. then price went up to $700. then they said bitcoin is dead and ship has sailed becauase there is a backlog and they pumped ETH to $500+ but bitcoin went up to $2000. then as people were still saying ship has sailed, price went to $4000 but ETH was falling after its pump. then they said bitcoin is a bubble and the ship has sailed. but it went to $5000 and ETH fell to $300. then as everyone was again saying ship has sailed price went to $6000 and ETH still struggles to keep the $290-$300 price up. so good luck.
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--looking for signature--
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batang_bitcoin
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October 31, 2017, 01:42:52 PM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
You've choose to coins that are good for long term. You are in good hands if you'll invest in bitcoin but why not try to allocate 75/25? 75% for bitcoin and 25% for ETH. The profit you can get with bitcoin is even higher than everyone's expectation. I would love to invest more with bitcoin than ETH. Bitcoin is always in good shape whether you'll buy when it's on peak or dip.
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Rent this sig space so that BTC goes to $100k.
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teilwalL05
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October 31, 2017, 03:00:54 PM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
You've choose to coins that are good for long term. You are in good hands if you'll invest in bitcoin but why not try to allocate 75/25? 75% for bitcoin and 25% for ETH. The profit you can get with bitcoin is even higher than everyone's expectation. I would love to invest more with bitcoin than ETH. Bitcoin is always in good shape whether you'll buy when it's on peak or dip. I think you got a good opinion in a 75/25 investment with these two coins considering that bitcoin will still skyrocket up high and ETH is in a good position to keeping the pace in the lead of Cryptos, but considering the price of bitcoin and now a all time high and will now make it to $6400 I really think it is not a good time giving a shot with bitcoin because a possibility of a dip may occur when you invest now I think wait for the right time the value drops, and go for the ETH investment.
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Wexnident
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October 31, 2017, 03:11:21 PM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
That's a good amount to invest. Those coins namely bitcoin and Etheroum are known foe each of their best on investment. Etherium is best known for short term investment and Biycoin is known for long term. Given these things, it shows that you did a great idea since both of the coins will surely be profitable for its investor.
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VitKoyn
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October 31, 2017, 03:40:52 PM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
Many people will say it's a bad time right now to invest in Bitcoin because it just hit a new all time high today ($6400) and Ethereum just gain a little bit on value, but for me if you are going to invest and hold it for long term, you should do it as soon as possible and don't wait for the right time, it is always the right time for long term Bitcoin investment because more and more people and business are adopting Bitcoin right now. I'm not a big fan of Ethereum but I also put some money on it for long term.
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jakagintiri
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October 31, 2017, 04:00:46 PM |
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There seems to be no time for someone to invest. because the price will continue to follow the market demand, so if you really want to invest for the long term then it is possible to buy and as soon as possible. Because someday you will feel lost if you do not do it as soon as possible.
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JimboToronto
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October 31, 2017, 04:03:30 PM |
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Eth is a much better investment at this point IMO. Or you can go invest in worthy ICOs. Just do proper research. The BTCBTCBTC ship has sailed already and the potential isn't too rewarding anymore.
Nonsense. The Bitcoin ship is just getting started. We're still in the early adopter stage, nowhere near going vertical. The potential is still very rewarding. Ethereum has also passed its innovator stage and has already increased many times in value and it may be still in its early adopter stage but it may never gain the traction of Bitcoin. I wouldn't consider it a better investment than Bitcoin. Don't trust anything without a fixed supply limit, especially if it comes pre-mined to the enrichment of its creators. ICOs are just scams. No wonder so many governments around the world are banning them to protect their citizens. Stay away from ICOs.
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Cranidos
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October 31, 2017, 05:24:37 PM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
Since it is for the long term then I think that you are good with investing. ETH is currently roaming around the 300 USD level which is very stable so going in now would be a nice decision. BTC, on the contrary, just reached an ATH and is currently on its peak. You may want to wait for a bit and wait for Bitcoin to drop. Waiting too much might lead to a loss of opportunity, though. So going in now is a good decision for both BTC and ETH, just make sure that the definition of your long term is more than a year.
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jossiel
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October 31, 2017, 05:48:36 PM |
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So I am planning on putting 500 euros on Eth and Btc each(€1000 in total) to hold for long term.
Nice choice, good thing that you are not asking any other coins that doesn't have clear future and long term plans for their investors. You're in good shape with bitcoin and ETH so 500 euros for both of them is a good investment. Is it a bad time to invest in those crypto-currencies?
In bitcoin it's definitely always a good time to invest on it as the price keeps on increasing just don't be upset when the price starts to decline. That needs to happen for a while but after that it will pump again and with ETH it's a good time to invest now, its price decreased.
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mobnepal
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October 31, 2017, 05:58:52 PM |
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Its better to wait for few more weeks before making investment in bitcoin and Ethereum, both of them are at peak prices. Wait for some correction so that you can make safe investment but final decision should be yours.
ETC I think is still cheap in terms of fiat, it can easily go to $18-$20 again from current levels. I am quite bullish in ETC right now, sold half of my Bitcoin to remain in safe side.
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