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Author Topic: investing more than 10k worth it?  (Read 2309 times)
bitcoinsc (OP)
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April 15, 2018, 08:33:20 AM
 #1

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.

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Cmoh
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April 15, 2018, 08:38:01 AM
 #2

In cryptocurrency there is no need for investing this much of penny. I suggest you only $2000 is enough for crypto investing. If you choose a right coin in right time then you will reap more than 10x in a year. This is investment time and would like to suggest you one coin BNT and another is ICO that is Chimaera ICO. So, invest in this two coin and see what value you will get in a year.
Road445
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April 15, 2018, 08:40:27 AM
 #3

I don't think too much investment funds risk is very big, encryption or fall to the money market is very big, so you should not invest too much money, you should choose some good token, so even if you don't have a lot of money, also can get good gains.

kirstiemorton23
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April 15, 2018, 08:49:03 AM
 #4

Does the investment in the krypto currency should have more than $ 10,000? I think we can invest by having less than $ 10,000. I have $ 2500 and I invested it by buying tokens.
Ivo2012
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April 15, 2018, 08:52:43 AM
 #5

It is all a matter of perspective. $10,000 for one person is easier to lose than $10 for another person. Also the chances of losing do not depend on how much you invest.

There is always a risk so you should look at risk/reward ratio and never invest money you cannot afford to lose. It is only a gamble if you do no research and blindly invest. If you do your research and invest than you are taking an educated risk.

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Psynthax
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April 15, 2018, 08:53:05 AM
 #6

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.
No, but it is almost the same as gambling in my opinion but that's a little bit different in my opinion. To invest in the crypto with amounts of loans and that looks so bad in my opinion. because you have needed to pay your loan and crypto based on the speculation and it can't be predicted and that's never become a good thing to do.

kkont96
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April 15, 2018, 08:54:39 AM
 #7

Each person has different opportunities. Someone can safely invest more than 10 thousand dollars, and for someone this is a significant amount. In any case, it is not worth investing in a crypto currency a very substantial amount of money and taking loans. In the crypto currency, you can invest that amount, which will not be a pity to lose. On this unambiguous statement on this subject is impossible.
hheight
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April 15, 2018, 08:54:45 AM
 #8

You shouldn't have to take a loan from a bank or mortgage a house to invest in crypto. There is always a chance that the cryptocurrency can depreciate and you will be left with nothing.
At the same time it can be a great investment. But you should always have extra money behind.
paulus51
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April 15, 2018, 08:59:38 AM
 #9

Invest in ICO is certainly a risk, therefore, to deposit all of your money there - this is not justified dangerously. And the question is not in the sum in absolute discretion, but in the share of investment from the size of its annual income. I believe that you can invest half your income
bitcoinsc (OP)
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April 15, 2018, 09:06:59 AM
 #10

for me i would not touch ico. ico takes too much research and im just beginner and work full time to find out. im only invested on top 100 crypto. narrow it down and such. to me i see a lot of investors on this board that have alot of money put into crypto. they seem to have alot of money. im not sure what are the average investment because i havent seen any polls. but it would be interesting to know. i think i have a crypto problem. spending too much on my investment. ready for the bull run and quit investing.

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ser54gold
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April 15, 2018, 09:08:26 AM
 #11

There is a big risk of loosing your money because a huge volatility  Sad
AlekSandRAx
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April 15, 2018, 09:09:22 AM
 #12

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.

How is investing $10k+ related to gambling habit, unless you feel you have to do it no matter what the outcome. If you have a gambling problem history that's another thing.

If you won't miss the amount you wish to invest I don't see what's wrong with that.

But I suggest you don't invest blindly. You can lose $10k just as fast as $10 if you make wrong choices.
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April 15, 2018, 09:41:15 AM
 #13

If that amount is free money that willing to lose, 10k is best amount to started in crypto investment. And before put that money in to crypto, make sure you have understand all risk and have management of money to reduce it. But if that amount from take loan form the bank, that is very risky. Better dont do it, just start by small amount and try to looking for other way to earn free token from bounty and airdrop. Many people make invest in crypto from zero, just look for free token then from it they trade it, with patient that will be possible become big money in 1 years.

Kamidzy7
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April 15, 2018, 09:51:08 AM
 #14

well, if you are willing to risk this amount of money - it certainly is! but if it's the last money-definitely not, no one can guarantee you that it will be a good investment.

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April 15, 2018, 10:01:48 AM
 #15

If you seriously want to enter the life of being an investor, the amount of money is not the very thing that you should give much importance. However huge amount you have if you don't have any idea regarding crypto cycle I'm pretty sure even you have a million budget you will just waste it. Ideas, knowledge, wisdom, and applications is good for the starters then lastly the budget to circulate in crypto. Don't waste money. Above or below 10k is not the matter but it is all about brain application of every teaching that you've learned.

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CryptoAllDay
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April 15, 2018, 10:09:13 AM
 #16

If this is your first time, I would advise against investing more than you're comfortable with.  To some people 10k is a lot, to others it's a small amount to risk.  It really depends on your financial situation and how confident you are in your selections.  No matter the amount, I'd say make sure to do your research on the team and project thoroughly.
edwardnortonn
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April 15, 2018, 10:24:43 AM
 #17

Any amount is good for investing, doesn't matter how much you invest, but rather the most important thing is the coin you invest in. choosing wisely as an investor is very important. With 10k and proper investment choice, you can get the best out of investments.
kateycoin
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April 15, 2018, 10:30:20 AM
 #18

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.
I think you will regret if you invest more than 10k of dollars in crypto because you not sure the profit you will get I think you can start in a small amount then if you think its alright then you decide if you want to invest more.

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April 15, 2018, 10:39:27 AM
 #19

I invested more than 0.5 btc before 1 years.
But I bought some altcoin which gone very little. Now a big loss I got. If I stabled only btc, it will huge. But alas! very sad for that. So be think before invest.

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aizadelacruz99
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April 15, 2018, 10:41:51 AM
 #20

Yes because idf your invest is big the profit is big. I suggest to buy for now bitcoin because bitcoin for now is dump and hold for the longterm. If the price is pump then sell.
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