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Author Topic: Is it worth to pay $8200 for 1 BTC if you are a newbie?  (Read 4136 times)
makolz26
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November 26, 2017, 12:31:48 PM
 #141

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.
Just look at it, last week the value of the bitcoin is $8000 and now its value has been $8300 it means after just a week you gain $300 so it is really worth investing in bitcoin regardless of the amount right now, it is better to invest for its higher price rather than regretting in the future that we did not invest any.
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November 26, 2017, 02:36:05 PM
 #142

No one knows and there is no correlation between bitcoin price and whether you are a newbie Grin
Just invest some amount you can afford to lose, do not ever put your entire saving in it,
As wise man said, never put your egg in one basket

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November 26, 2017, 02:58:30 PM
 #143

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.
If you are interested in investing in bitcoin the major question will be the budget and how much you are planning to invest ,the price of bitcoin will deter any new users as the risk involved if there is a crash is really huge and there are many good projects with much lower valuations where you could invest at the moment and plan on converting it to bitcoin rather than investing heavily in bitcoin at this price,that is my advice to new investors who does not have a big bank balance. Smiley
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November 26, 2017, 03:00:07 PM
 #144

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
For me yes, because the previous days when you posted it should be bought 1 btc. And hold or invest it and if you buy and you have not sell yet you will be lucky because the bitcoin has reached $ 9000 and the previous days the bitcoin price is $ 8200 so your income over the past week is $ 800 big profit by investing and most investors they use bitcoin and they earn a lot.
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November 26, 2017, 03:00:37 PM
 #145

Yes it is, You will probably get more profit in 2018 since they are already predicting that it will reach $10k in the next incoming year, If i only have that huge amount of money then i will also do the same way like you think.
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November 26, 2017, 03:04:44 PM
 #146

If you have the money to do so, then YES
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November 26, 2017, 03:15:57 PM
 #147

It's a relative term, I believe that Bitcoin is a going to perform very well in the long run and hence I have some invested amount in Bitcoin but I would not recommend following my opinion. Please do your own research and analyse your risk profile and expected investment returns. Generally, I think that buying anywhere below the levels of $10K is a cheap buy considering the long-term expected gains.
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November 26, 2017, 10:03:08 PM
 #148

many experts and honourable traders try to predict the price for the BTC to the end of the year and tey all were mistaken! So i do not try to predict this too but I`m in love with the math and the stats)
So looking to the annual ROI of BTC I can loudly say Yes if this money is not the majour part of yuor capital!
If so - You can always by the part of BTC You want) 

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November 26, 2017, 10:22:16 PM
 #149

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
As long as you know the benefits of bitcoins and you have the funds, then there is nothing wrong when you fork out $8200 or the current value which is $9200 for 1BTC because if you faint not , you will reap your profits in due time.
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November 26, 2017, 10:30:38 PM
 #150

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
yes of course it  Is worth to pay $8200 for 1 BTC if you are a newbie if you buy 1 btc in 23 november , today you have 1100 $ in just three day .

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November 26, 2017, 10:33:17 PM
 #151

Yes until now people are buying btc at 9k.  It doesn't matter what price it is as bitcoin will go 100000 usd someday.

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

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November 26, 2017, 10:34:35 PM
 #152

Lol, this question was written like 6 days ago, and we're now $1000 higher--this kind of growth is crazy.  And scary.

Is it still a good investment?  Hell, yes, IMO.  This is by far the biggest bull market of any asset I've ever been witness to.  Bigger than the internet & biotech stock madness of the late 1990s, and that's saying something.  And the answer is that we're not done growing yet.  Sentiment would have to turn very sour very quickly to have a major crash (could happen, BTW).  I don't think it's going to in the near future, so get in while the getting is good.  Likely bitcoin is headed to $10k, and when that happens it'll go a lot higher.  I do expect some resistance around that level and we may get a good correction before then, but who knows.  Go for it.

Edit:  I feel like an idiotic permabull posting such stuff, but that's how bullish we've gotten.  All logic just goes right out the window. 

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November 26, 2017, 10:35:17 PM
 #153

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
I think yes, there is no problem with it. Newbies are don need to buy 1 BTC, they can buy 0.01 btc or less. But they decide to buy bitcoin to get profit or not. The price will keep rise, lets buy bitcoin before halving time comes.

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November 26, 2017, 10:57:27 PM
 #154

What does it matter if you are a Newbie or an experienced Bitcoiner?

Either way, you will always need to pay the same amount to buy Bitcoin. Being a newbie does not change this fact all all. You will need to pay $8,200 (well, now $9,200).

I think the fact that the price went up $1,000 already since you posted this quire clearly answers your question! Grin



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November 26, 2017, 11:26:57 PM
 #155

I think the fact that the price went up $1,000 already since you posted this quire clearly answers your question! Grin
This exactly is the answer to this question,what ever asset that gives you a profit in due time is a good investment,as a investor i would be cautious in investing in a high value market when the price is on a upward trend for months,i would certainly book my profit with a couple of hundred dollars if i am entering at this time but the volatility will give you a good profit.
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November 26, 2017, 11:32:25 PM
 #156

My friend, the price of Bitcoin is now $9,200. I think you got the answer to your question already. Of course it is worth it to buy Bitcoin, no matter what the price is. Smiley



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November 26, 2017, 11:40:55 PM
 #157

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.
I also think that it is still worth to use such a big amount of money even for a beginner, because bitcoin has the advantage that even a newbie can get a god profit by simply holding it, I do not think that holding bitcoin is a rocket science a newbie can buy some amount of bitcoin and can easily hold it for some time, the effort that is important is to check the price regularly and should also study the market and get expert opinion from time to time which are necessary even if you are simply holding bitcoin.
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November 26, 2017, 11:41:49 PM
 #158

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

 Buying BTC in such a value can already be profitable, however, if you will be buying it for $8,200, it is not very practical because it is too high..wait for some time for BTC's value to descend, that time you can buy then.

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November 26, 2017, 11:43:39 PM
 #159

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
I think it is better for you and to others to just wait for the right time, so when is the right time? If bitcoin dump or decreased its price that is the time for you to buy one.

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November 26, 2017, 11:49:59 PM
 #160

Never to late to buy BTC...however, you might want to study the markets before diving it, a crash is imminent so you might be able to buy in for cheaper...well this is just speculation anyway, the way BTC has grown over the last year, I don't think many people had predicted the surge...it can only go up too...best do your own research before having FOMO and buying in when the time isn't right.
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