Investing in Bitcoin in 2019?

[Realek]

I've always been watching bitcoin since mid-2013 up to now, and the market/bubble is painfully toxic. I'm not a big investor or economist, and I probably still only have superficial knowledge on how the entire blockchain systems work.

I just patiently watch the graph, and keep telling myself not to invest because everyone tells me it's a giant bubble that will someday pop. Recently, I started to run a few side businesses dealing in Bitcoin as payment methods, but I've never stored it long term and always converted it to cash.

I remember back in 2014 when I first thought of investing in Bitcoin as a long-term investment, and obviously was pressured out of it because everyone kept thinking it was a bubble that was about to burst. I'm starting to think about it again now that Bitcoin is starting to crash - and generally speaking in the past it's done quite well after crashes, recovering and increasing every once in a while.


What do you guys think? Is it worth it to give it a try? This would be my second crypto investment, and I'd be throwing in $5-10,000 at most. Any ideas?

[1714025748]

1714025748

[1714025748]

1714025748

[1714025748]

1714025748

[1714025748]

1714025748

[1714025748]

1714025748

[crzy]

Yes, its worth investing for. They called it bubble but for the past 10years bitcoin are able to survive and keep on making good prices. If you don’t listen to those people who said its bubble last 2014, then you might be living in a much better life now. Now the decision is in your hands, look at the charts, study fundamentally and invest the money you can afford not to use for the next 5years.

[fakegurutu]

despite the face that the crypto world is like hell nowadays, im still seeing this like a great opportunity because the value of all coins are decreasing, its like a bonus this to us investors, so instead of weeping, why not invest from it, right? this is the good time to invest more especially bitcoin.

[Bibite]

If you are investing now, consider your investment for at least a 2-3 years period. Don't go for a short term.
You say you did a little business using BTC. Maybe you should just stick to it and consider it as a new opportunity to attract new customers (and so to grow your biz) it could turn into something more profitable than speculating..

[harizen]

What do you guys think? Is it worth it to give it a try? This would be my second crypto investment, and I'd be throwing in $5-10,000 at most. Any ideas?

Different people have different views about bitcoin. Others are positive while others is not. Therefore their answer is based on what they believed.

Im not going to give my own view to it because you are the only one who can decide what to do on your money. Others might have successful taking bitcoin as "investment" but it doesn't mean you will have the same output.

Spend time analyzing things and learn the risks. After that, make a conclusion and see if it will answer your question about "is it worth to give it a try?"

[eminemcookie]

I've always been watching bitcoin since mid-2013 up to now, and the market/bubble is painfully toxic. I'm not a big investor or economist, and I probably still only have superficial knowledge on how the entire blockchain systems work.

I just patiently watch the graph, and keep telling myself not to invest because everyone tells me it's a giant bubble that will someday pop. Recently, I started to run a few side businesses dealing in Bitcoin as payment methods, but I've never stored it long term and always converted it to cash.

I remember back in 2014 when I first thought of investing in Bitcoin as a long-term investment, and obviously was pressured out of it because everyone kept thinking it was a bubble that was about to burst. I'm starting to think about it again now that Bitcoin is starting to crash - and generally speaking in the past it's done quite well after crashes, recovering and increasing every once in a while.


What do you guys think? Is it worth it to give it a try? This would be my second crypto investment, and I'd be throwing in $5-10,000 at most. Any ideas?

I'm not going to answer from the point of view of my opinions because I don't think that's a worthy response. I think what you should consider is what's changed for yourself to now make you consider it's not a bubble? It sounds like the only thing that's changed is that the price has gone down, well it could go down further and if you don't believe in your investment you'll panic and sell at a loss.

[aoluain]

Roll back to 2013, 6 years ago, what was the price of bitcoin? Roll forward
6 years from now, 2025 take a guess at bitcoins price?

Dont do nothing, dont end up in 2025 still asking is it a good time to get in!

[geyayy]

If its for a long term investment, then I suggest you should mine bitcoin instead of hodling. With that huge money you can buy high end equipments and get a better share of hash power. Another reason is that its faster to earn in mining because you control the bitcoins, you can hold, you can sell them immediately and earn huge profit depending on the market.

[biskitop]

looks like this is a good year for crypto. so buy bitcoin now and get profit in 2019. I predict that the market will not fall again this year, even though the movement will be slightly slower than 2017.

[wahyu wida]

the answer is to yourself, to invest in bitcoin, we must believe it first. so that there will be no regret later. investment here is very risky, but for now at a relatively low price we can reduce the risk, so that it is more likely to get maximum profit

[peter0425]

Why don't you start with small capital to begin your invested journey and see how it goes? $500 will be a good start and gradually increase once your comfortable. You also need to consider risk as well, like the wallets you're going to used and learn how to safely protect it from hackers and bad actors in this ecosystem.

[reynald70]

Yes, for 2019 the price of Bitcoin traded around $ 3600, before at the beginning of 2018 the price of Bitcoin touched a price of $ 19000. So this year prices tend to decline, so this is the right time to invest in Bitcoin. However, it should be noted that the price of Bitcoin is very volatile, so prices quickly change at any time.

[primeluck]

Investing in Bitcoin in 2019 need people who have a strong desire to succeed,calmness and confidence.Bitcoin will provide higher profit than that from bank deposit in 2019 so invest.

[hahay]

Recently, I started to run a few side businesses dealing in Bitcoin as payment methods, but I've never stored it long term and always converted it to cash.

If you have a business that accepts bitcoin, then I would better recommend immediately converting it when bitcoin is received and you have done it right, imho. I have experience about this, because after all in a business requires a quick turnaround of money, to return to capital and bitcoin received for a business I don't think it's appropriate to hold for the long term.

So, if you want to start investing, it would be better to separate between the two, you have long been paying attention to the crypto market, so in my opinion you already understand about the bubbles in bitcoin. Listening to other people's suggestions is good, but you can be said to be an old player and at least you have the courage to make a decision to invest in bitcoin and we cannot force it because the decision is on your own by seeing the potential in bitcoin.

[GreatOrchid]

I've always been watching bitcoin since mid-2013 up to now, and the market/bubble is painfully toxic. I'm not a big investor or economist, and I probably still only have superficial knowledge on how the entire blockchain systems work.

I just patiently watch the graph, and keep telling myself not to invest because everyone tells me it's a giant bubble that will someday pop. Recently, I started to run a few side businesses dealing in Bitcoin as payment methods, but I've never stored it long term and always converted it to cash.

I remember back in 2014 when I first thought of investing in Bitcoin as a long-term investment, and obviously was pressured out of it because everyone kept thinking it was a bubble that was about to burst. I'm starting to think about it again now that Bitcoin is starting to crash - and generally speaking in the past it's done quite well after crashes, recovering and increasing every once in a while.


What do you guys think? Is it worth it to give it a try? This would be my second crypto investment, and I'd be throwing in $5-10,000 at most. Any ideas?

2009 to 2016 period was not that remarkable for bitcoins and nor any of the cryptocurrencies but later on 2016, bitcoins started showing some growth. Also I've heard a lot peoples saying that bitcoins are bubble and may burst anytime but i Don't actually think it is the situation. The price for bitcoins can be manipulated by us and it is us who decide the upcoming price by controlling the demand and supply in the market.
As you say, this would be your second investment in cryptocurrencies, have you previously made any profits with your first investment?
We can't rely on the answers from the community just to invest our funds into but it depends on us how we need to invest into.

[joeperry]

Well we are not sure on what's going on after a few years maybe bitcoin will be accepted in different countries and the demand will increase and so the price or maybe some countries will going to ban it and it will heavily affect the price of it.

But we're not sure just like what I've said we're not sure maybe you're going to earn so much in the next few years so invest only what you can afford to lose, may i ask what kind of invest you're about to do? long term investment? or just a day trading?

[virasog]

Yes, its worth investing for. They called it bubble but for the past 10years bitcoin are able to survive and keep on making good prices. If you don’t listen to those people who said its bubble last 2014, then you might be living in a much better life now. Now the decision is in your hands, look at the charts, study fundamentally and invest the money you can afford not to use for the next 5years.

For anyone who is new and wants to invest in bitcoins should analysis the past  10 years of bitcoin, its rise and fall.  Anything which is now a decade old, and with a good value cannot be a bubble.

2019 is the best time for anyone to enter in the market as the bear phase is ending and Mid 2019 bitcoin will again start moving upwards. Maybe the movement will be more stable and we will not see much pump and dump which is good for accumation.

[Sadlife]

If you keep believing in others that bitcoin is a bubble burst then you should first do a research about the technology behind it, the development and progress over the years of bitcoin and how much has it gain support from big companies and institutional investors. You'll only get more and more confuse if you based your judgement on what others think. It's better to have your own conclusion on that matter.

[ethereumhunter]

It is worth to try right now especially bitcoin price is at a low price, but my suggestion is you buy with a small amount first to see what will happen later. And if the bitcoin price can get down lower, you can buy more bitcoin but don't use all in of your money because we don't know what will happen next. By buying more and more bitcoin at a low price, it means you have an average buying price which can help you to sell when the price can increase later.

[sunsilk]

Definitely worth of a try. You already knew and witnessed on how it was able to recovery after those crashes that happened to it from the past. I think I'm not yet into bitcoin by 2014 and you're on it so you have the idea on how it's going to recovery for the next years to come.

It's not still too late for someone to invest to bitcoin but if you are keep on thinking that its a bubble, you'll never consider to invest. I'm glad to see that you're starting to consider it. Make sure that you're willing to take the risk and understands its volatility.