Tips for new bitcoin investors

[brawdias]

How much money should I start investing, If I am new to this field?

[forumsehat]

Investing in bitcoin is very fun and very profitable, if you have a lot of money you better buy 1 bitcoin for the first or about 98 million for the current price, and with the capital of 1 bitcoin purchase you can already feel the result when the price goes up from your purchase.

[batang_bitcoin]

You have to do your own assessment on how much you are willing to put in. And as you are a newbie, how much do you think is the amount that you are good if it lose? Before asking the amount of capital that you should start, why not ask on what are the good points before starting to invest in bitcoin? But if you have decent background and basic knowledge about it already. I guess your good with $100 as starter.

[pocket_lck]

For new investors you should not have too much first, just try 10-20 million for now, and if you feel comfortable and understanding about bitcoin and risk, you can add more bitcoin.

[brawdias]

You have to do your own assessment on how much you are willing to put in. And as you are a newbie, how much do you think is the amount that you are good if it lose? Before asking the amount of capital that you should start, why not ask on what are the good points before starting to invest in bitcoin? But if you have decent background and basic knowledge about it already. I guess your good with $100 as starter.

Thank you for your suggestion, I feel like there is always more to learn about bitcoin and I hesitate too much to invest. Not that I am willing to loose money now but I need to just start and see how it goes. $100 seems to be a good amount for me !

[dridinho]

I have 3 very important advices for you ... 1- be patient ,2- be even more patient than 1 , 3- be more patient than 2 ... that's it trust me it's all about patience .

[iconternal]

Do not be too much for beginners to invest, and you should first learn about the advantages and risks of investing in bitcoin, and you can increase your investment once you understand the risks and benefits of bitcoin.

[Sudarmoon]

If you are a beginner then you have to learn more about bitcoin before you take the risk to invest, and the most risk is bubbles, you better invest in a small amount of money first, or some of your money.

[veejay2716]

How much money should I start investing, If I am new to this field?

Before you start investing try to do more research on the field you want to put your investment in order for you to avoid loose of your money.

[franky1]

lesson 1. dont risk more then you can lose/live without for a long period of time EG imagine you spend $25 a week on fast food.. ($100 a month, $1200 a year)
many people wont care to lose $1200 because in reality that amount just ends up as 52 bowel movements and flushed down the toilet.

so lets use that $1200 figure as a yearly investment
if the price of BTC appears at a healthy all time LOW, its a good time to buy.. NEVER buy when its near a all time HIGH.

next dont have it in mind that you will day trade, and then hold out to only sell when you see 50%+ profit
instead notice the charts and you will see there are healthier less risky 1%(~$80) swings happning more frequently/hourly
take this week.. prices move from $6900-$7700(10%) in just a few hours

so lets say you have $1200 dont throw it all into one order.. risk only 10% per order. (emphasis: dont throw all $1200 into one order)
even if you put in $120 at $6900 and sell for $7600. thats $12 profit
if you done that 3 times a day,($36).. 7 days a week ($252) within 5 weeks you will have $1200 EXTRA, just by playing with one allotment of $120

why is this important.
imagine you bought $120 of bitcoin at $6900.. but then the price went down.. well you have 9 other 'allotments' of $120 to buy at the next cheapest price.
so you leave the first allotment to sell at $7600 and then use another allotment at the new low. then set that at a 10% profit point

or be even more risk adverse
buy $12-$120 of btc and sell even faster at 1-5% variance and repeat more often .. yes it soon all adds up, and your taking less risk because you then have more spare allotments if the price goes down, and your not waiting as long for the price to go up, because your selling at a less higher %

again dont think a one time trade for huge profit. think little and often and it addsl up over the year. the total will end up being more than $2400 returns without having to wait for one order to go to $10k-$14k/btc

EG
$12 with a 1% variance per hour = 24%($2.88 a day from one $12 allotment) or $28.80 profit a day if you have play with $120.. or $288 if you are using all 10 allotments of $120

which over a year.. well
only using 1% of your funds ($12) to make 1% rinse anad repeat profits multiple times a day($2.88) =$1055 profit next year.. from just 1% of funds at 1% per trade.. while not risking all of the rest of your funds

.. there is alot of psychology involved in it. and also controlling your greed by NOT thinking you can make even more buy increasing either how much you put per order line or increase the % before your willing to sell.

many traders if their entire investment is $1200 would never make an order of 0.17btc, and its why you see alot of order lines of 0.0017 or at most 0.017btc (as an example of todays prices and the investment example amount) because many of them small order lines are all one person that split his stash up

in short
1. dont throw $1200 into an order and wait a year hoping to turn $1200 into $2400 by waiting for todays $7k/btc to rise to $14k/btc
2. dont throw $1200 into an order and wait for weeks/months for 50% by waiting for $10k/btc
3. buy $120 of btc and sell for 10% high a couple times a day/week, knowing if the price drops you still have spare cash to buy the new discounts
or if you want to really day trade(multi trade per day)
4. only using 1% of your funds ($12) to make 1% profits rinse and repeat multiple times a day

last lesson. dont forget the trade fee.. if a buy fee is 0.25% and a sell fee is 0.25%.. and you want to do many 1% profit trades(day trading) set your sell price as 1.515% above the price you bought at (as a rough guide) to cover fee costs

edit: while writing this the price moved more than 1% in 10 minutes

[Gabz999]

How much money should I start investing, If I am new to this field?

Investing is not easy, you have to do your own research into that particular coin before you put your money into them or before you invest. Like who are those people behind the project and the background of all the people involve in the project.
It's up to you how much you want to use money to invest but remember ' Invest what you can afford to loose ' and  always remember ' don't put all your egg in one basket '.

[Sadlife]

Every investment has a risk you should consider researching first before investing your money into something that you dont know and end up losing that money and dont invest money you can't afford to lose cause you might, but hopefully that doesn't happen.

[Ade A Aziz]

How much money do you have that will not be used for primary needs? Take half of the money and invest in bitcoin. Next you have to be patient, be patient, and be patient to wait until the price is at its peak. Do not panic when the price goes down. That's what I think of as a beginner.

[pushups44]

Don't invest more than you are willing to lose, and consider diversifying into some altcoins and perhaps other assets that are more stable. Cryptocurrency is very risky and patience is needed to wait out bear markets. Always do your own due diligence.

[Nsync]

Every investment has a risk

[babyshaun]

How much money should I start investing, If I am new to this field?

100 $ investment in bitcoin investing is enough. But how can you multiply it? You also do not have trading on the sale of altcoin can double your bitcoin or more. Investing in bitcoin is too long for you to fit x10 but in altcoin you can see that you just learn the traditional techniques you can get on google or youtube to learn crypto currency trading.

[Souldream]

How much money should I start investing, If I am new to this field?

100 $ investment in bitcoin investing is enough. But how can you multiply it? You also do not have trading on the sale of altcoin can double your bitcoin or more. Investing in bitcoin is too long for you to fit x10 but in altcoin you can see that you just learn the traditional techniques you can get on google or youtube to learn crypto currency trading.

If yiu are new in this kind of job or industry it is better to research carefully about the coin you like. As of now there are many investor in bitcoin because the price is realy awesome . The bitcoin price now is good to invest becayse it's a big gap if you cimpare it to the different price. Also you can trade other coins in bitcoin

[Haxor321]

How much money should I start investing, If I am new to this field?

Well, it depends on your capability if how much can you go for risk. For all we know that in investment there is always a certain risk that people may encounter and I think the better way to do investment is by investing only what is your applicable amount of capital so if ever that you're investment is never be worth it and success it's not cause to your financial asset a very big damage.However, it is good also that at first you may gathered a lot of knowledge about this field before you start involving into it.   

[MinerHQ]

100 $ investment in bitcoin investing is enough. But how can you multiply it?

It all depends on individuals because some guys are ready to take a more riks based on their financial background. People should know these investments are very risky so you should start with the money which you're ready to lose. For some people, it may be $10 and for some people, it may be $1000 or even more.

But how can you multiply it? You also do not have trading on the sale of altcoin can double your bitcoin or more. Investing in bitcoin is too long for you to fit x10 but in altcoin you can see that you just learn the traditional techniques you can get on google or youtube to learn crypto currency trading.

Trading is not so easy just by watching some youtube videos you can multiply your money 10X.

There are many experts itself lost a lot of money in trading so at the beginning start with more stable coins like bitcoin and slowly move to other good altcoins. Money making is not easy but needs to put hard work to earn.

[PX-Z]

How much money should I start investing, If I am new to this field?

Must better if you make some research first about cryptocurrency specially on bitcoin. Because of its high volatility and unpredictable characteristics, it takes a lot of risk that can be hard for someone to trust with it specially for new investors like you. That's why i'd like to recommend you to just invest an amount that you can afford to lose, to avoid of losing to much money in case of a sudden drop of bitcoins market.