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Author Topic: Is it worth to pay $8200 for 1 BTC if you are a newbie?  (Read 4136 times)
2taps
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November 24, 2017, 03:26:19 PM
 #121

Well if you have enough money to spare then it is worth to pay 8200 for a bitcoin because the bitcoin value will only go up and i think that it will eventually reach 10k.
If that happens then the value will most likely drop again. That is why it is really smart to invest in bitcoin.
bamboylee
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November 24, 2017, 03:29:10 PM
 #122

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?

Rank does not matter in any investment. What matters is if the investment still have room to grow. In bitcoin, the potential is still great and it is predicted to reach above 10K by next year. So it is still worth it. The profit is still hefty even if you buy at the current price.

Next question is, can you afford to lose the money you are investing? You should not invest money that should go for your daily expenses or emergency expenses. You should only invest money that is allotted for investing. If you don't, your hands are tied and if the price drops you'll be too scared and might sell on lost.
teejayrichard2
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November 25, 2017, 10:35:52 PM
 #123

i think the best thing to do is study the bitcoin market closely. we all have our hopes that bitcoin will rise and if you pay 8200usd today, tomorrow price may get up to 10k usd and you make profit or price may fall down and you have to wait for it to come up again. it all depends on you to make the right decision if you willingly to take such risk.
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November 26, 2017, 07:46:38 AM
 #124

In my opinion it is worth hunting for a better price. Today is very high. Almost $ 9000. Of course you have money to buy. In the end the price will bounce down.
athanz88
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November 26, 2017, 08:54:33 AM
 #125

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?

It is a hard question to answer. For now the trend or bitcoin market has many positive, but there is no guarantee that it will be like this, it can get a negative (down) time for sure, and the come back again stronger.
There are a lot of people says that bitcoin price will reach even to 100k usd, and some says that it will drop to 5k usd soon.
So the best thing for you, and me is, to learn more of bitcoin, before investing and while investing. because with knowledge, you can make a good investment better, and make the most of it.
And for me, before investing, i always apply my ultimate rules, which is, always spend what you can afford to lose.
hashcoinusa
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November 26, 2017, 09:21:42 AM
 #126

Their are investors who think it can hit 100000 (  5 zeros on 1)  . Can you  imagine it started with 1 .  But it is all about whether you think if it is still hold value.  You can not just create bitcoin like naked shorted shares.
When CME thinking about adding it to future, then it is the future. 
estanislao1994
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November 26, 2017, 09:26:02 AM
 #127

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?

This would be a very difficult question to answer since the price of Bitcoin is very volatile. No one would ever be sure of whether bitcoin price would just keep on going up or there would be a time; minutes from now the price of bitcoin would undergo a dump. What I could advice you is to stay up to date on the news of bitcoin and see for good and bad news because the price of bitcoin sometimes depend on that. However if you do plan to purchase bitcoin now, that would be good as well however be mindful of the news that are coming out.
yinkeys
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November 26, 2017, 09:30:44 AM
 #128

Keep your money down & wait for the fall. The price fluctuates, so be ready whenever it drops
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November 26, 2017, 09:31:32 AM
 #129

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?

In the short term, maybe, maybe not.

In the long term, probably.

It's a hard decision and i can understand the uncertainty.
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November 26, 2017, 09:32:40 AM
 #130

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
I think it is. If you invested to Bitcoin or bought bitcoin at a price of 8200 USD, you should be having a profit now since its market value is now already morethan 9200 USD and is expected to be more expensive on the followuling days, also, it is expected to have a value of 10000 USD before this year end. So the lesson is that, you should invest no matter what the price is because it will continue increasing.
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November 26, 2017, 09:32:58 AM
 #131

Invest what you can afford to loose
n4poleon
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November 26, 2017, 09:38:05 AM
 #132

Not really, but no one is going to stop when you really want to buy it. But for a newbie, maybe you may want to buy a fraction of it. Maybe a 100$ worth bitcoin or maybe lower.
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November 26, 2017, 09:40:42 AM
 #133

Invest what you can afford to loose
This is the best choice for making an investment in any kinds. Now the price is $9000 so you should have purchased something to acquire benefit. I recommend you to buy something now before increasing more than $10k. Lots of individuals are making an investment into Bitcoin and shifting from Currency dealing, dealing into Bitcoin.

Just invest 5% what you have for other investments.

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AjithBtc
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November 26, 2017, 09:44:02 AM
 #134

Not really, but no one is going to stop when you really want to buy it. But for a newbie, maybe you may want to buy a fraction of it. Maybe a 100$ worth bitcoin or maybe lower.
Being a newbie doesn't mean that you are not allowed to invest or buy. Whoever it might be, what they invest into bitcoin will surely get them the profit. This thread has been created when the price was staggering around $8200, now the price has crossed $9000. So, if ha had invested by that time now could have gained the profit.

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November 26, 2017, 09:54:22 AM
 #135

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
I guess yes, every newbies have the doubt to buy bitcoin because they were thinking that it is too expensive right now and will never hit that much in the future and that is what I thought when I was new in this bitcoin world but I was wrong, every month bitcoin keeps on increasing so it is worth it buy bitcoin because these coming months bitcoin will keep on growing.

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November 26, 2017, 09:54:51 AM
 #136

well, recently this famous bitcoin prices is touch 9000$. there's no such thing as being too late for this coin. just need to remember to keenly noticed sign of everything in this cryptocurrencies world. and be patient  Smiley
BelieveInBitcoin
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November 26, 2017, 10:30:11 AM
 #137

The ultimate question! The answer is no-one knows.

But I know each time in the past when I could have bought and didn't, I have regretted it. Look for a local dip and buy.
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November 26, 2017, 10:37:50 AM
 #138

Newbie has nothing to do with buying bitcoins its only depends on how much you are interesting in earning through online trade or investment if you are expert enough to earn online through crypto currency then buying 1 BTC for $8200 is nothing you can earn handsome amount with it but you are not capable of to run the digital trade then I will advise dont go for it.
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November 26, 2017, 12:16:52 PM
 #139

Yes, because we can see that theu cannot do anything with the price, whether they like it or not till the price of btv is $8200 or more, still they can gain their money in such time, be ause we know that the price increases every now and then.
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November 26, 2017, 12:23:04 PM
 #140

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?

For me it is a yes because even if you are a beginner you still have the knowledge of what is happening. And besides buy kust simply buying bitcoins which is very expensive but I think you can afford it and still have an extra cash it is great for you because as the bitcoins pump your moneybwill also grow and the more money eil grow to you because you have a lot of bitcoins that leads for a lot of earnings. It also a little bit risky because that is a lot of cash but let just not forgetbthat this year is the very most successful of bitcoins.
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