Wysi
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January 15, 2020, 08:05:38 AM |
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It would be a hard decision to make as bitcoin's price is bullish as of now but it might probably go through one more dump before the month of May, I would suggest you do daily trading if you have enough time in order to make some small profits and wait for bitcoin halving for the price to pump.
Do this only if you don't have any further personal commitments wherein you might have to cash out, This is my personal suggestion and again do a bit of research from your end as well and consider other expert's suggestion too.
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Dart18
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January 15, 2020, 09:41:40 AM |
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Remember that there will not be an accurate answer here. All will just be an opinion for the market is way volatile.
For my own opinion though. This could be the last we could see a cheaper price. The value keeps getting higher since there are investors who are fearing a big pump may happen anytime. In that case, the demand will grow and bitcoin will start to be hyped again everywhere. Still, the last call is with you. You could buy now or maybe wait a little more.
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El duderino_
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BTC + Crossfit, living life.
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January 15, 2020, 09:57:26 AM |
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It really depends, are you talking to true BTC who understand the value of the fundamentals what BTC provides or are you talking to some sh*tcoiners, or people that are wanna get rich over night.... I do belief i'm a very good long time/term believer that has proven (only 100% known for myself of-course) that i'm not afraid or emotionally touched because of drops and volatility... So if I speak then I just say what I would do myself and I think we are still very early and prices are still a steal compare with the upward potential, I honestly would buy the full amount and consider this to be your BTC start (only if you have some income to provide life supplies of-course). After buying this BTC I just would suggest to monthly keep some savings apart to buy BTC with no matter what the price is just a fix time, sometimes price will be higher, sometimes lower but you will DCA your BTC-amount and same time you're just saving money in an asset you believe in. Of-course also keep learning and try to gain the long term perspective
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XhomerX10 designed my nice avatar HATs!!!!! Thanks Bro
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piebeyb
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Leading Crypto Sports Betting & Casino Platform
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January 15, 2020, 11:33:38 AM |
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you have to manage your finances, you have to think about risk and not have to spend your money $ 4000 just for bitcoin, just use half or a third to buy altcoin besides bitcoin that really has good profit potential and also follows the price of bitcoin, for example ETH or others and my advice is don't ever try to invest in BSV because it will crash soon, but play at your own risk
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luckyflop
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January 15, 2020, 01:21:52 PM |
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It's a pity that you sold bitcoins for so cheap, but sometimes in life, we cannot predict the events that will happen. And with $ 4,000 at the moment, I think you should choose altcoin to invest, bitcoin is currently at a high price and it will soon be adjusted. Selecting altcoins in the top 10 will help you get more profits or you can wait for the bitcoin price to adjust and buy back with it
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alexsandria
Sr. Member
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★777Coin.com★ Fun BTC Casino!
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January 15, 2020, 01:57:53 PM |
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I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
Man, it is not a good choice investing now comparing it from the previous price that bitcoin had last week. I couldn't even say yet that bitcoin might go increase for the next days. However if you had that 4k USD left as a spare money, may be you could deal with a half of it for investing the thing is choosing the right time. If you could still wait, then you may 'cause we ain't when will it go down and go up either.
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plvbob0070
Copper Member
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Activity: 658
Merit: 402
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January 15, 2020, 01:58:27 PM |
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I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
Based on the current state of the market, it seems that bitcoin will really go at the price of 9000$. Why not invest 2000$ in bitcoin and the another 2000$ will be invested in other cryptocurrencies. It's just my only advice to you but the decision on your investment will still up to you. We really don't know what will be the next movement of bitcoin if this will go upward or downward but if you think that bitcoin will reach the 9000$ or it might surpass maybe this is the time to invest for you because once they hit that price you already earn an income. Can you give me an example of a couple of altcoins?
I'm currently holding a different altcoin and those are Binance coin, Ripple, and Ethereum. I can simply say that this altcoin is good for investment and based on the coinmarketcap those altcoins have belonged to the top 10 cryptocurrencies in the market.
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bitcoindusts
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January 15, 2020, 02:15:38 PM |
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I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
Your holdings is in fiat, if you want to get profit in cryptocurrency market, there is no other way but to buy Bitcoin. But be aware that you will be taking risk when you do this. We all know that Bitcoin is volatile and we do not know what will happen in the future. All we know that the current sentiment of Bitcoin market is bullish and it is just starting to rally so the window to get in the current train is huge.
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asus09
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January 15, 2020, 04:37:40 PM |
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Many speculation about bitcoin price and every day have new expert prediction with bitcoin price but why only when bitcoin have higher price many people brave for predicting with bitcoin have continue for growing up, but when bitcoin back down and lower price many prediction of bitcoin loss their way for predicting with bitcoin price.
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btccashacc
Legendary
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January 15, 2020, 04:47:11 PM |
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I just wanna say that before you're getting into investment make sure that your emergency fund is safe, so when something bad happens in real life and you need the cash so bad you're not gonna use your investment fund, and most importantly don't put all your eggs in one basket, you need to allocate or separate some of that money into some investments (invest in the safest first) trading crypto is so risky, I don't recommend people to invest all of their assets in one thing, spread them.
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iamsange
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Merit: 400
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January 15, 2020, 04:47:52 PM |
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I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
My question is, that $4000 your free money or money for school? if money for school i am not suggest to use it as investment. Nobody can actually predict about bitcoin price and a lot of them only speculate. If that is your free money maybe split into half and buy bitcoin save rest for backup will already good.
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Raflesia
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January 15, 2020, 05:02:56 PM |
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You should say it was like when the price was low and after the price at the pump you asked about this and I think it's too late because the price is already slightly higher. If you have $ 4000 in the bank then do it wisely and if you want to invest in crypto then you have to be prepared with the risks later.
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stskv (OP)
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January 16, 2020, 04:11:24 AM |
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Okay, I want to invest half of the $4,000 in saving to bitcoin. So the next steps are to go to coinbase pro exchange, add funds from my bank account there, and place a buy order, is this correct?
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Free1bitco.in
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January 16, 2020, 05:07:31 AM |
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I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
actually your chance is still very big, friend. That's because halving hasn't happened yet, so I think the potential price of bitcoin to go higher still is huge. other than that, I think you need to be patient in holding bitcoin. it's just that you need to know that this is a risky thing. we don't know what will happen in the future, but the potential price of bitcoin is huge to go up
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karanggatak
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January 16, 2020, 05:09:50 AM |
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I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
in my opinion the first thing you should do is divide your money into two parts. for example you use $ 2k for living expenses and the rest for bitcoin investment. don't mix money for living expenses and investment money into one. then do research and analysis of bitcoin price movements. bitcoin is currently experiencing an increase but there is a possibility that bitcoin will dump again before decreasing by half. so in my opinion you should wait and see the bitcoin price movements. and buy when bitcoin has decreased.
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cryptoangel
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January 16, 2020, 05:32:14 AM |
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I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
If you really have Bitcoin on month and half ago, surely you know the crypto investment knowledge. The current market is growing well so many peoples are concentrate BCH and BSV investment, But too risky investment on rapidly growing platform. If you looking for mid term and long term investment, you will choose your convenient platform.
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adaseb
Legendary
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Merit: 1718
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January 16, 2020, 05:51:05 AM |
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Investing in Bitcoin is different than what most people are doing now a days in the crypto community. I understand why he prefers bitcoin compared to say stocks which might crash at any given moment given the crazy bull run they had.
The issue with most new adopters is that they buy BTC and then they buy alts to get more money and they usually end up losing most of it. Or they go on some exchange like Bitmex and go 100x leverage and end up getting liquidated.
Buying BTC on spot and holding for long term is a pretty safe investment. No different than say buying TSLA or AAPL right now.
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kapalmabur
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January 16, 2020, 10:38:53 AM |
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I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
If you really have Bitcoin on month and half ago, surely you know the crypto investment knowledge. The current market is growing well so many peoples are concentrate BCH and BSV investment, But too risky investment on rapidly growing platform. If you looking for mid term and long term investment, you will choose your convenient platform. first when BSV prices were low it was good to try to buy, but now if you try to buy BCH and BSV, of course the risk to be faced is too high, don't buy it
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msarro
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January 16, 2020, 01:02:05 PM |
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I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
You have made the mistake and it’s very difficult to undo that mistake. I will not suggest you to go and buy bitcoin right now, as its going up and it’s not recommended to buy an upward going bitcoin. If you have 4k$ in bank then hold them in bank and wait for next bitcoin dip.
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stskv (OP)
Newbie
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Activity: 23
Merit: 0
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January 16, 2020, 05:49:34 PM |
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I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?
You have made the mistake and it’s very difficult to undo that mistake. I will not suggest you to go and buy bitcoin right now, as its going up and it’s not recommended to buy an upward going bitcoin. If you have 4k$ in bank then hold them in bank and wait for next bitcoin dip. How about just spending half of the 4k like others have suggested? How about if it doesn't dip again for a long time or ever???
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