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Author Topic: Is it worth to pay $8200 for 1 BTC if you are a newbie?  (Read 4133 times)
bhabygrim
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April 27, 2018, 06:39:54 PM
 #301

It only depends on you ,
But if you don't really have an idea about bitcoin why don't you just study it first,
And why would you buy it ,What is your plan after buying it ?
If you are only buying it because you want to try it,then you could purchase a small amount.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Destroyeroff98
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April 27, 2018, 06:43:20 PM
 #302

Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
And why not buy a piece of Bitcoin? Why buy it completely ...
I would advise you to buy a small part, but for the rest of the money to buy other cryptocurrency.

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April 27, 2018, 06:44:41 PM
 #303

If you are newbie start by investing small amounts first until you get good knowledge about Bitcoin's value and potential, and the basical skills about trading.
Bitcoin worth investing money because it is profitable, buying 1 BTC for +$8k is also profitable because the price is expected to reach +$20k in the few next months and years.
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April 27, 2018, 06:51:56 PM
 #304

If 8200$ represent an amount you permit to loose than Yes. Main rule in crypto investments is : never invest more than you afford to lose.

Most probably, price will rise within the next years, so if you are a Hodler then it could be a good idea. Still, if you use it for trading, the risk increases significantly.

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April 27, 2018, 07:47:48 PM
 #305

bitcoin can be purchased at any price because it clear it has no limit as in how high the selling price will go , so if you had bought bitcoins at the beginning of the month in the 6k region you could now sell it in the 9k region making a profit margin in the 2k region so you can still make some profit , so definately its always a good decision to buy some bitcoins whether your a newbie or a legendary member.

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April 27, 2018, 08:27:19 PM
 #306

You don't have to buy whole bitcoin, you can  buy a small part of it.
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April 27, 2018, 08:32:43 PM
 #307

Start with a small amount, get comfortable and familiar with cryptocurrency and see where it goes from there.
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April 27, 2018, 08:51:22 PM
 #308

Another question is whether the newcomer is ready to pay such money for bitcoin. It all depends on how carefully he studied the information and how competent he is in this matter. If he knows what to do next with this bitcoin, then the investment will be beneficial for him.

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bitvelk
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April 27, 2018, 08:59:11 PM
 #309

Nobody forces a beginner to buy a whole bitcoin at once. You can buy a small part for a start. And if it meets your expectations, you can safely buy more.

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April 27, 2018, 09:04:11 PM
 #310

Of course it's good time to invest on bitcoin for newbie or any person who want. Because we are predicting that bitcoin price will go high continuously & touch to 10k marks very soon. We hope bitcoin will reach 20k marks by the end of 2018. So there is a big opportunity for investors or every persons who want to involve in this fields.
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April 27, 2018, 09:11:01 PM
 #311

Yep, Bitcoin's price will be 30000 USD in end of 2018. So you should not lose more time and get now your bitcoin. And 8200 USD is most cheap price for bitcoin.
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April 28, 2018, 04:29:09 PM
 #312

Currently 1 Bitcoin is around $9000+ and I still think it is worth to pay that amount for a newbie. Bitcoin is still progressing and some say it is still young so if that’s the case, then Bitcoin would still be cheap to buy if it is still young and still growing. But always put in mind that it constantly fluctuates so it’s not increasing all the time; so there is that risky part when investing in Bitcoin.
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April 29, 2018, 09:57:14 AM
 #313

If you have a lot of money yes it is. Because by buying the bitcoin will only make you profit. Because the value will rise really hard. That is why you should invest in bitcoin. But eventually it will go down but then go up again.
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April 29, 2018, 10:04:35 AM
 #314

Bitcoin is great for investment for anyone. You just need to buy it at the right time.
Saddam Bin Delowar
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April 29, 2018, 10:14:49 AM
 #315

I believe Bitcoin price  will rise in the long term. If you are a newbie, So my advice to you is that you have to do more research before market. When you know about the market, Then you can invest your money carefully.
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April 29, 2018, 01:47:05 PM
 #316

instead of buying Bitcoin at 50000 dollars it is better to buy bitcoin at 8000 dollars so there is no newbie variation here
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April 29, 2018, 02:11:02 PM
 #317

No one can give an unambiguous answer to this question. If you are a novice, it's better to spend a week studying the basics of crypto currency and further its prospects. Then it's necessary to decide whether to buy Bitcoin or not. I think it's worth buying Bitcoin, this is a very promising asset.

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April 29, 2018, 02:25:22 PM
 #318

I think it does not matter if you are a beginner, if you think it will go up then it is worth it. Time will talk, you do not need to buy 1 BTC. Buy every month a little bit and if you've lucky to re-sell your coin.
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April 29, 2018, 02:36:19 PM
 #319

The answer was yes Cheesy Now it's $9300 Smiley

Based on the Bitcoin technical analysis we will be seeing Bitcoin above $10,000 soon!
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April 29, 2018, 02:36:39 PM
 #320

Yes, because we can see that theu cannot do anything with the price, whether they like it or not till the price of btc 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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