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Author Topic: How much bitcoin to buy?  (Read 1153 times)
meanwords
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December 25, 2019, 02:49:22 AM
 #21

Don't over do it man. Just invest what you can afford to lose. If you can support yourself while not relying on the income of Bitcoin, then sure, you should invest more as long as it is by your means.

My personal plan was to invest in cryptocurrency every month and snowball it while holding long term and not bothering about it till I get to my desired profit. That way, I can avoid those FUD or FOMO happening in the space.

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December 25, 2019, 05:36:00 AM
 #22

You have made up a good decision about buying Bitcoin, Definitely, It's the right time to buy Bitcoin because of the low price, I think Bitcoin will come back very strongly within a short time, Hopefully, It will get stronger than the previous scenario, hopefully, you will get a good return when the price of Bitcoin will get high, Many people are trying to break the ice and rejoining in this system because of having a good opportunity in the coming January, they have speculated that Bitcoin will rise in the coming year, So they have made a good move, Hope you are also in.



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December 25, 2019, 06:00:57 AM
 #23

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

Definitely you are getting carried away but I think it is good.  Just make sure you have that patience and strong hand to hodl until your target price is achieved.  Many people who are too enthusiastic towards BTC ends up being disappointed when the BTC price crashed.  You should be well aware that Bitcoin price goes up and down insanely in fast pace.

One of the profitable investment today is the cryptocurrency before there are only a few people are trying to invest to the bitcoin because they know that there is a potential on using this coin, afterwards on the year of 2017 the bitcoin price grows up and becomes profitable. It can happen again, but the cost of the bitcoin today is not like the previous years because before the year 2019 the price of the bitcoin falls from nine thousand into seven thousand dollars. But don't worry about it because for now the price of the coins are slowly rising and this is a good sign for a good investment. Again if you have enough knowledge and capability to use cryptocurrency for investment and trading better to start it now and don't hesitate to invest because in the future the price grows up again.

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December 25, 2019, 06:09:28 AM
 #24

Very good if you already buy bitcoin, now just hold the bitcoin that you have until the price goes up. But if I may give advice, don't
only expect from just one coin in the cryptocurrency investment. It's better to invest in some altcoins that do have good potential.
Because investing in lots of coins can generate maximum profits. My advice for the capital that you have 50% invest in bitcoin and
50% more at 2-3 altcoins. I recommend investing in ethereum, litecoin and binance coins. By investing in bitcoin and altcoins you
have opened the opportunity to be able enjoy profits in the cryptocurrency world, just need to be patient waiting until the price rises
to reach the target that we have set.

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December 25, 2019, 06:14:22 AM
 #25

What you are doing is right to diversify into bitcoin and stocks. But you must be able to determine how much you must divide each.
It is true that bitcoin has very sharp fluctuations that make it possible to get a greater profit presentation than stocks or other commodities.

 
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December 25, 2019, 06:20:14 AM
 #26

You must at least plan first before investing in bitcoin. Do not invest all of your physical money because you will need it for your daily needs. Invest your money in bitcoin only if that is your extra money because investing is a long term process. Meaning, it really needs some patience before your money grow.

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December 25, 2019, 06:21:10 AM
 #27

You should do split your investments in many than 1 currency which in this way being Bitcoin and Stocks markets.

Still you need to understand bitcoin has a big price variation possibility and by now it's not fluctuating so much so you will probabily have to wait for another big news or the halving day.

You could also take opportunity on several other coins instead but it's your choise and it has been wise on chosing something that you feel trusted into.
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December 25, 2019, 06:23:35 AM
 #28

how much money do you have? if you have enough money at least I recommend buying a few percent of your savings, for example 20% of your savings are also still quite safe, don't use your savings to buy all the other bitcoins or cryptos, analyze and rethink any risk to be part of we are here, lol  Grin
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December 25, 2019, 06:30:46 AM
 #29

Investing in this market and Bitcoin is a good investment choice, but this investment option is also very dangerous because this market is not controlled and it may collapse anytime in the future. . So if you have invested, I recommend not investing all the money you have. Invest just enough for you and if the market collapses, you can start over with different capital

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December 25, 2019, 06:32:00 AM
 #30

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 decision, but as much as possible you buy gradually because we know the fluctuation of bitcoin is quite high. when prices go lower buy quite a lot.
for now, don't choose altcoin the risk of losing is quite high. better focus on bitcoin, because we know what will happen to bitcoin in 2020-2021, it's very hype and I hope to get the same thing as 2017. at least having 1 bitcoin is enough to have a lot of money.
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December 25, 2019, 06:32:35 AM
 #31

A good decision I think because you have bought bitcoin and for now the price has not shot up. Later after halving maybe there will be a change, we just hope that after that bitcoin will pump. You have to be patient for that, maybe it's still long or bitcoin will pump soon. It is only a matter of time. I hope that you have done your research before entering the world of crypto and investing in crypto.
Buying bitcoin will test how long can you wait. Because we dont know when the price of it will go up or down. BUt what you did now is a good idea because as of now bitcoin value was not that high means that it has a possibility to earn more profit once the price of it pump.


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December 25, 2019, 06:37:53 AM
 #32

Don't over do it man. Just invest what you can afford to lose. If you can support yourself while not relying on the income of Bitcoin, then sure, you should invest more as long as it is by your means.

My personal plan was to invest in cryptocurrency every month and snowball it while holding long term and not bothering about it till I get to my desired profit. That way, I can avoid those FUD or FOMO happening in the space.
"invest the money that you can afford to lose". That is the best amount on how much you should put in all types of investments. There are risks in all types of investment so we should always be prepared. It cannot affect our mentality and personality if we lose the money that we can afford to lose. There are a lot of investors who regretted their decision when they invest all of the money that they have. They got mental disorder because the money that they invested is not the money that they can afford to lose.




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December 25, 2019, 06:44:04 AM
 #33

You did a good decision. You see, bitcoin's price is currently at $7k and this is a good time to buy bitcoin. And by long term hold, I suggest you set how much profit you want to achieve before selling. Regrets exists when a huge pump occur and you did not sell after the pump so setting a target profit will be a great help.

Bitcoin as investment will give you different emotions and with good management it will turn out well.

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December 25, 2019, 06:48:01 AM
 #34

You did a good decision. You see, bitcoin's price is currently at $7k and this is a good time to buy bitcoin. And by long term hold, I suggest you set how much profit you want to achieve before selling. Regrets exists when a huge pump occur and you did not sell after the pump so setting a target profit will be a great help.

Bitcoin as investment will give you different emotions and with good management it will turn out well.
It is a good decision wherein he bought bitcoin exactly in the bear market, in these times it is actually the best time to buy. " I suggest you set how much profit you want to achieve before selling " agreed to this since we should know what is our target, it can help us to avoid panic selling.



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December 25, 2019, 06:53:16 AM
 #35

Thoughts on this am I getting carried away
I think a little bit. Stocks for me is still a lot safer investment compared to bitcoin in the longterm and it looks like you pulled most of your investment in stocks to buy bitcoin which is still a smart move considering its bitcoin. But nevertheless both stock and bitcoin is a good decision  Grin good luck mate.



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December 25, 2019, 07:22:42 AM
 #36

I think you're indeed getting carried away a little bit. I think balanced diversification of funds would be your best way to go, and don't prioritize Bitcoin alone since the market is too risky, price change happen extremely quick especially those huge pumps and dumps in the market. Having some still on stocks would not only lessen the risks, but makes sure you have enough backup funds once needed.
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December 25, 2019, 07:43:08 AM
 #37

Right now it is the time to give importance to analyze which is the best altcoin at the moment and invest than going with bitcoin. Compared to the bitcoin what we see with the altcoins were really low valued. For the profiting purpose we need to have patience when altcoins were found higher than the percentage of bitcoin in our portfolio.

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December 25, 2019, 08:08:39 AM
 #38

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


Buy three bitcoin you can get profit every day about 1% to 3%, I think if you have much money you can buy 3 bitcoin and trade in daily day without have hold for long term to get much profit, every day always have change of bitcoin price where one day can up more than 5% and you can buy back after bitcoin back with lower price, keep exist for trading with short term if you have much money.

 
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tianglistrik
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December 25, 2019, 08:10:34 AM
 #39

if you invest better you are not too provoked by the conditions, when you invest then you must know satisfaction when investing. maybe if you follow the wishes it will be more difficult, so it helps you focus on the funds that have been invested first and when you get a profit then you can invest again. the goal is that you can control the current investment, and think about the bad things that will happen so you can be more careful

 
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December 25, 2019, 09:01:35 AM
 #40

This is good decisions you have in buying bitcoin as the price is still reasonable to invest. As long you know how much afford in investing in btc you are still good. We have different goals in terms of investing in crypto, just think that in the end, it can benefit you in earning profit.
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