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Author Topic: How much bitcoin to buy?  (Read 1155 times)
trickshot22
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December 30, 2019, 11:30:51 PM
 #121

You've done right though, buying bitcoin is one of the best choices I believe you've made, I mean this timing is the best I think because it's going to increase in the future. In fact, buying bitcoin, unlike the other coins, is more profitable in the long run, because most altcoins are so poor and you barely get any gain from these.
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December 31, 2019, 01:30:53 AM
 #122

I recently purchased bitcoin, it was the most I have ever put into a cryptocurrency. 
This is going to be a long term buy, This was taken out of stock money,
Now that I have done this I feel more excited about
where bitcoin is headed than  I do about stocks. Now I feel like I should take more out of
Stocks, Feel there’s going to be more return this way. Thoughts on this am I getting carried away

You're probably just carried away in buying BTC but for me, it is a good buy. I trust BTC than any other altcoins so I'm confident that you won't go wrong about it.
If you're doing stocks then it is good that you diversify your investments as most experts say don't put all your eggs in one basket. Even if you see that BTC as a good way of earning now but if you're investing in the long term sense, it is good to put some money too in stocks since they are more stable.

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December 31, 2019, 01:46:31 AM
 #123

stocks and bitcoin are two investment tools that have fluctuations. but I think bitcoin has higher fluctuations than stocks. and of course high fluctuations have a large risk but can also produce greater profits. and we must always do research before investing in bitcoin we must learn bitcoin and cryptocurrency well so that we don't make wrong decisions. I think the decision to sell some shares for bitcoin op is the right decision.

 
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December 31, 2019, 02:07:17 AM
 #124

You do a good task. I think that you but order completed of bitcoin. So hold your bitcoins still. After a long time when the bitcoin price even doubled.
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December 31, 2019, 02:27:18 AM
 #125

Why not wait little moment after new year for stocking bitcoin and waiting when bitcoin halving coming close to buy bitcoin, I think many chance for bitcoin back with lower price before bitcoin halving coming, you no have hurry up when investing with bitcoin and look when good moment for buying bitcoin without influence by the other recommendation to buy and invest with bitcoin.
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December 31, 2019, 02:48:36 AM
 #126

You do a good task. I think that you but order completed of bitcoin. So hold your bitcoins still. After a long time when the bitcoin price even doubled.
Bitcoin is not always profitable for us and for investors. Let's look at the past bitcoin price went up to $ 19k, but now it's only $ 7000 after a long time. Obviously investing in this market has a very high level of risk. Therefore, we need to consider carefully before we want to invest in this market, we can become rich quickly but we can become poor quickly like that.

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December 31, 2019, 03:05:38 AM
 #127

I recently purchased bitcoin, it was the most I have ever put into a cryptocurrency. 
This is going to be a long term buy, This was taken out of stock money,
Now that I have done this I feel more excited about
where bitcoin is headed than  I do about stocks. Now I feel like I should take more out of
Stocks, Feel there’s going to be more return this way. Thoughts on this am I getting carried away


Good for you sir/maam that you stock bitcoin because its a good investment for a long term and good to hear that you have positive thought on bitcoin because some people are being negative because of what happen on 2017. There's a lot of investors buying high price then bitcoin drop easily. So many are disappointed on that point. For now good to accumulate bitcoin and hold it for a long term.

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December 31, 2019, 03:38:19 AM
 #128

Its a great decision. Pulling out your stocks investment may seem not that much maybe. Its better to have both for you to have options just in case one will fail. Its best to diversify your funds. Bitcoin is good as well but price is really unpredictable just like stocks as well. When your asking of how much to buy bitcoin? Well I guess it depends on the funds you can possibly give out the most. There is really no limits or restrictions, it all depends on your fund level.

 
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December 31, 2019, 05:35:40 AM
 #129

yes I think now is the right time to buy bitcoin because the price of bitcoin is quite low. and even if you have to sell some of your shares to buy bitcoin. if you want to hold bitcoin for at least 6 months. then later in the future you will benefit. but of course we have to be patient waiting for bitcoin to pump and not easily panic when the value of bitcoin has decreased.

 
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December 31, 2019, 06:10:05 AM
 #130

There is not really a minimum amount you need to purchase Bitcoin to start your own online business. The minimum amount may be the camera set by the platform where you will buy the first piece of yours of Bitcoin. For instance, Coinbase allows the users of its to purchase Bitcoin from two dolars.

On another hand, I don't suggest investing such a tiny sum of money because exchange os's charge fees for buying, transferring and selling cryptocurrencies. These fees are going to kill your investment rapidly if it's not significant enough.

On the whole, I suggest purchasing a minimum of 501dolar1, even in case you are able to invest lower amounts. why not find out more
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December 31, 2019, 06:24:53 AM
 #131

I recently purchased bitcoin, it was the most I have ever put into a cryptocurrency. 
This is going to be a long term buy, This was taken out of stock money,
Now that I have done this I feel more excited about
where bitcoin is headed than  I do about stocks. Now I feel like I should take more out of
Stocks, Feel there’s going to be more return this way. Thoughts on this am I getting carried away

Ideally no more than 10% to 15% of the portfolio should be composed of high risk assets, such as Bitcoin. In that way, even if anything goes wrong you will be able to stand on your foot. Diversifying is a good idea and I would say that you did the right thing by converting some of your stocks in to cryptocurrency. But you should draw a line and decide how much risk taking you can afford, depending on your financial stability.

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December 31, 2019, 07:53:03 AM
 #132

yes I think now is the right time to buy bitcoin because the price of bitcoin is quite low. and even if you have to sell some of your shares to buy bitcoin. if you want to hold bitcoin for at least 6 months. then later in the future you will benefit. but of course we have to be patient waiting for bitcoin to pump and not easily panic when the value of bitcoin has decreased.
if we already have an investment goal then I think when we do it must be really in accordance with what was written from the beginning. in time to hold it should be done with the time that has been written, and also has a selling price goal as well. so when it has successfully decided to invest, prepare our mentality as well

 
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December 31, 2019, 08:45:15 AM
 #133

I recently purchased bitcoin, it was the most I have ever put into a cryptocurrency. 
This is going to be a long term buy, This was taken out of stock money,
Now that I have done this I feel more excited about
where bitcoin is headed than  I do about stocks. Now I feel like I should take more out of
Stocks, Feel there’s going to be more return this way. Thoughts on this am I getting carried away


it was a good decision because you are now planning to invest in two different projects with shares and bitcoin, if I were in your position, I would of course take 60% of the stock of money to buy bitcoin because investing in bitcoin is very different compared to investing in gold or stocks because the price of bitcoin fluctuates which makes it possible to make a profit, so I think bitcoin is good for use as a protector of wealth or wealth enhancer.

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December 31, 2019, 09:14:50 AM
 #134

It depends on you, it depends on your income and in your savings. You cannot follow the decision of the others because we all have different cash flow. But the best tips that you can follow is just invest what you can afford to lose. If you have extra money then maybe you should put it in bitcoin investment. Big amount of investment is not required after all if you want to make investment, it is better to start at small first in order to focus on protecting our capital.
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December 31, 2019, 09:56:21 AM
 #135

I believe someone else mentioned it earlier but it's important to distance yourself a little and not to buy impulsively. Try to calm down, read more and then make a decision based on your logical thoughts and not the excited and emotional ones.
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December 31, 2019, 10:09:16 AM
 #136

I believe someone else mentioned it earlier but it's important to distance yourself a little and not to buy impulsively. Try to calm down, read more and then make a decision based on your logical thoughts and not the excited and emotional ones.

There could no possible negative implication if we are to buy huge amount of bitcoin, as long as we know how to diversify our buying activity, we could possibly reduce the risk of losing in the market. In addition, our emotion will impact us greatly on the timing we buy. But in my opinion, the biggest challenge when we need to put allot of attention and time in making decision is when we are about to sell. We need to make sure we have profits on our investment and never ever try to sell at lower price.
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December 31, 2019, 12:02:04 PM
 #137

I believe someone else mentioned it earlier but it's important to distance yourself a little and not to buy impulsively. Try to calm down, read more and then make a decision based on your logical thoughts and not the excited and emotional ones.

There could no possible negative implication if we are to buy huge amount of bitcoin, as long as we know how to diversify our buying activity, we could possibly reduce the risk of losing in the market. In addition, our emotion will impact us greatly on the timing we buy. But in my opinion, the biggest challenge when we need to put allot of attention and time in making decision is when we are about to sell. We need to make sure we have profits on our investment and never ever try to sell at lower price.

When the market begins to create spikes, people begin to get nervous. Emotions affect the adoption of the right decision and I agree with you it is needed to calm down and see if there is a profit if you sell now. It also happens when buying, you do not need to do it impulsively, it can play a trick on you, you need to make a decision in cold blood
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December 31, 2019, 01:01:56 PM
 #138

It always depends on you on how you can lose or invest on any amount because you are the one who take the risk from holding bitcoin. If I have a lot of money I would spend some extra money that I have because I trust bitcoin and bitcoin never broke my expectation.

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January 01, 2020, 05:14:05 AM
 #139

I will buy many bitcoin when price going down and selling back after price up, doing the same way when bitcoin back again buy and sell after price up, talking about how many bitcoin have to buy I think depend with how much money we have, recommendation if you have much money I think 5 bitcoin for trading is enough to get much profit every day about 3% and can be 5%.

 
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January 01, 2020, 05:32:35 AM
 #140

I will buy many bitcoin when price going down and selling back after price up, doing the same way when bitcoin back again buy and sell after price up, talking about how many bitcoin have to buy I think depend with how much money we have, recommendation if you have much money I think 5 bitcoin for trading is enough to get much profit every day about 3% and can be 5%.
Wow...that is too much Bitcoin dude. Though it doesn't matter for you to lose it(maybe) if you have a lot of money but please remember the risk that you going to indulge with. Putting an egg in just one basket will be riskier than spreading it some form of investment.
But anyway, that is your decision and I believe that you'll know exactly what you are doing.

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