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Author Topic: Average Amount of BTC Bought By New Investors Now?  (Read 92 times)
jerry0 (OP)
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December 29, 2017, 04:10:03 PM
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Bitcoin is all over the news.  They talk about it on cnbc and almost all the tv channels now.  They talk about how people are going to buy bitcoin now or soon and how their financial advisors are advising them to buy bitcoin.


What I want to know is those people who are now getting into bitcoin, what is the average amount of btc bought by new investors?  Like if someone says i just bought bitcoin or some bitcoin, how much do you think that means?  Obviously it isn't 1 btc since thats a lot of money.  I assume most people probably are buying say 100 or 200 dollars on average?  Some maybe do 1000 dollars?  Im talking about people that have been hearing about the btc talk but either did not buy a while back or just heard about it all over the news etc.


For example when you hear a friend say they bought some btc... how much is that sum would you think on average?  Im assuming maybe 50 dollars or 100 dollars?  Obviously i assume most people who first buy now probably do like 10 dollars or so?  Also those people that buy say 100 dollars worth of it, are they still called investors or not because that amount is very tiny.  I guess speculator is more the term for people who buy btc but probably less than say 1000 dollars?
edzquimno16
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December 29, 2017, 04:14:04 PM
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Bitcoin is all over the news.  They talk about it on cnbc and almost all the tv channels now.  They talk about how people are going to buy bitcoin now or soon and how their financial advisors are advising them to buy bitcoin.


What I want to know is those people who are now getting into bitcoin, what is the average amount of btc bought by new investors?  Like if someone says i just bought bitcoin or some bitcoin, how much do you think that means?  Obviously it isn't 1 btc since thats a lot of money.  I assume most people probably are buying say 100 or 200 dollars on average?  Some maybe do 1000 dollars?  Im talking about people that have been hearing about the btc talk but either did not buy a while back or just heard about it all over the news etc.


For example when you hear a friend say they bought some btc... how much is that sum would you think on average?  Im assuming maybe 50 dollars or 100 dollars?  Obviously i assume most people who first buy now probably do like 10 dollars or so?  Also those people that buy say 100 dollars worth of it, are they still called investors or not because that amount is very tiny.  I guess speculator is more the term for people who buy btc but probably less than say 1000 dollars?

This question is confusing mate. But if a person is new in bitcoin maybe he/she needs to buy bitcoin at now so many or expensive since he/she is still starting then buy small. If you take bitcoin as a business then start at small. Remember that all business should start at down then moving up.
Hope it help !
stompix
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December 29, 2017, 09:30:10 PM
 #3

Also those people that buy say 100 dollars worth of it, are they still called investors or not because that amount is very tiny.  I guess speculator is more the term for people who buy btc but probably less than say 1000 dollars?

Those terms have nothing to do with the amount:

Quote
An investor is a person that allocates capital with the expectation of a future financial return.
A speculator is a person who trades derivatives, commodities, bonds, equities or currencies with a higher than average risk in return for a higher-than-average profit potential.

And buying 10$ worth of bitcoin is not called investing, it's called being stupid.
You will buy less than the transaction fee to withdraw or to ever move your funds so it could be called wasting rather than investing.

As for the average, nobody will ever be able to tell.
And, it's kind of pointless.

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