Invest Crypto

[smith morgan]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

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[Kupid002]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you are just investing because you think it might be stable today. I suggest not to invest, bitcoin is so volatile compare to other currency you should always prepared with the price movement before investing. Two way you can experience if you invest it a lost or profit dont expect it will be stable because it will not gonna happen check the previous chart of bitcoin and you will have idea why i say this.

[Insanerman]

$15000 is a lot of money and I think there are things that needs to be considered before investing. Investing in cryptocurrency is a high risk investment which means its volatility rate is high compared to other investment vehicle such as stock market. Bitcoin price can generally increase in value as well as it can decrease in value at a very fast pace, thus there is a greater chance of losing especially when you are illiterate in cryptocurrency trading. You can observe bitcoin price index in real time by visiting Bitcoin Price Index just to make you aware that it is not a stable investment.

If I were you, I think you must consider first having an emergency fund before investing in BTC to give you a peace of mind and to keep yourself afloat from unfortunate fortuitious events. After setting up your emergency funds, get out of your comfort zone and learn as much as you can about trading from the internet or in this forum. Spend some time before investing.

You might also consider reading this thread for you to be able to store your earnings if ever you have started investing, keep in mind that you should also prioritize your BTC stash security.

[General] Bitcoin Wallets - Which, what, why?

Is BTC safe

Safe from what? If you are pertaining to the security of your funds, then you should consider reading the link above. But for peoples' choice, having a hardware wallet would be the best solution to secure your funds because you are holding your own private key which grants you a full control to your crpyto.

If you are referring to the algorithm of blockchain where bitcoin transactions are being held, it is totally safe because every transaction are shared in a public ledger where anyone can see and validate that the transaction is true. AFAIK, blockchain cannot be tampered because each block has a unique cryptographic fingerprint and follows a consensus protocol.

It is also important to keep in mind that bitcoin is the first network - centric, protocol based form of money. It means that you can have a full authority in making transactions without the intervention of middlemen or institutions. In simpler terms it is very much secure while maintaining your anonymity.

Anyways, DYOR as well since there are some points that I missed for sure.

[Wexnident]

Can those savings of yours be lost? Like 15000 to 0? I know it seems unlikely, but you got to take into account literally everything when investing. Whether it be wins or losses, you got to plan for all of them. If you can't, then its either you spread your portfolio across various coins so that losses would be minimal, or just invest at the very most half of what you currently have right now.

Also, investing was never a question of "stable and safe". It's about taking risks, taking advantage of the market to make a profit. Investing in something "safe and/or stable" is not an investment. If you were talking about security matters, then that's another issue altogether but seeing as the topic is you investing, I just assumed it as such. s

[pakhitheboss]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Do not invest in one go, take different entry point while investing in Bitcoin.

By entry point I mean different price level. At the moment Bitcoin is still below 10k which is really a good time to enter the market.

[Lucius]

smith morgan, there is no right answer to the question you are asking because there are people who strongly support Bitcoin and also those who will very clearly tell you that such an investment is a bad idea. I think this forum definitely has a lot more of those first, which is quite logical considering this is a Bitcoin forum.

Why you want to invest your savings in BTC, have you studied your country's rules regarding cryptocurrency, are you aware of the risk involved in price and all the security measures you need to take to protect your investment? These are just some of the questions you need to ask yourself, otherwise, you enter a completely unknown territory where there is no right to error.

BTC is very far from a stable and secure investment, but every investment has its risks. There is a saying, "who does not risk, does not profit".

[davis196]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

BTC is everything else but safe and stable.If you really decide to invest your 15K USD into BTC,the moment the price collapses back to 7K USD will be the moment you will most likely panic and sell your BTC at a big loss.Trading crypto and buying BTC is not for the emotionally weak people.You have to learn to resist the panic and stop caring about short term price fluctuations.Then,you will have enough confidence and ability to invest in BTC.

[Zeke_23]

Bitcoin can be a good investment, it only becomes a good investment if you know many important things about it.
It is wise to invest that much to bitcoin since bitcoin is a good investment when it comes to long term investment. However, you should invest only the amount you can risk, meaning to say, the amount which you can take to lose. If you can risk your savings which amounts $15k to bitcoin, you can go for it but the final decision will be yours.

[DoublerHunter]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

^ It really isn't recommended for anyone to invest in something they are not sure. But if you will seek for our advice, we couldn't advise you to invest your savings in Bitcoin if you are looking for stability and secured return of investment. The Bitcoin's value is too much volatile that it would make your savings vanish out of nowhere or lose a lot of money for a second. And you may also earn profit in a short period of time if the value raised. Probably what you need to do is at least try to begin with a small investment and study how bitcoin's value dramatically changes. Nevertheless, try to check the pulse and observe. When you are ready with the risk, that is when you can invest all the money you want.

[kraiwoc2]

I don't advise you to invest only in bitcoin. There is too much risk if something suddenly happens with bitcoin. Break your money into several parts and invest in different cryptocurrencies. It also matters for how long you intend to invest your money and what you plan to get from this.

[Slow death]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you look at the price, if you look at the sentiment of the market, if you look at the comments of the most critical and pessimistic, you will realize that this is a good time to enter the market, however you must also know the right time to leave the market. for example:

You have $15,000 and you buy bitcoin for the price of $9400, what is your target price to sell?

[gentlemand]

I don't advise you to invest only in bitcoin. There is too much risk if something suddenly happens with bitcoin. Break your money into several parts and invest in different cryptocurrencies. It also matters for how long you intend to invest your money and what you plan to get from this.

Don't be silly. There's a fuckton more risk in most other coins. Anyone putting their life savings in some shitcoin in case Bitcoin dies is a moron. Have a play with a small proportion by all means but Bitcoin is the only one I'd be certain was still here in 5-10 years.

As for the original question it depends on how big a proportion of your savings $15,000 is. If it's all of it then that's a really bad idea. If it's 1-20% that's more palatable. But no one can tell you whether it'll be the best move you'll ever make or the worst or the most boring.

[passwordnow]

It is wise if you will invest only first the spare that you have. For a beginner that's asking questions like this, I will not tell them to invest the entire savings that they have. Understand it first that bitcoin is risky, it's a volatile asset that you need to reconsider it first before putting your all in it. But if you have already made up your mind and you completely understand the risk that it has and is now willing to invest with that amount, think of what price you'll aiming to achieve but of course the realistic ones.

[Rengga Jati]

I am really thinking about investing over $15000 of my savings into Bitcoin. -snip-

A. Know the basic things
If you are a beginner, before you decide to invest in BTC, I have some basic questions.
- How long you know Bitcoin investment?
- Have you learned about it very well?
- Have you understood how the crypto market works?
- Have you known the strategy on crypto investment?
You must do all the steps above and answer them properly. That will be helpful to make you realize about Bitcoin investment and don't invest blindly.

B. Start with a correct way
Never invest greedily, you are better to do it gradually. Don't directly invest all the money, just invest some firstly, better to start with small amount. You need to have experience and know about how it works. Once you have been familiar with that, you can consider buying more Bitcoin.

-snip- Is BTC safe and stable at this point and this time?

Yes. As far as I understand, Bitcoin is the safest crypto asset. But you must be aware that the value won't be stable, it always fluctuates. If you need a coin with stable value, just pick stablecoins (USDT or USDC). You know that invest in a coin with stable price won't make you get big profits, volatility creates potential high profits.

[mamahdedeh]

if I invest in the long term I think it's safe, or if we don't see bitcoin grow now, and I don't think you'll be profitable soon, you just have a target to sell at what price. but before investing you must prepare mentally, because we know crypto is volatile

[Sadlife]

Investing is always a wise choice instead of a stagnant savings without any growth that your keeping in a bank that might have some strict rules about using it and cashing out.
About the bitcoin price, its never stable but if you look at its past price history you could see an insane amount of gains. So investing for a long term could be profitable not short term cause i can tell you plan on investing and cashing out once you've made profit, but there are scenario's that the price might dump, so there's a chance that you might sell due to panic. So long term investment is very much recommended for newbies.

[mk4]

Is BTC safe and stable at this point and this time?

Come on now. You can literally take a look at the charts right now and see for yourself. If you're THAT lazy that you're not even willing to lookup it's current and past prices, investing is probably not for you. That's just next-level laziness.

split it up,  50/50 into bitcoin and ethereum

^and don't listen to this guy.

[pooya87]

If you need a coin with stable value, just pick stablecoins (USDT or USDC).

good explanation before this but terrible advice here.
you should never choose stablecoins or use them unless you have absolutely not other option. in other words if you want something with stable value then use fiat, convert your bitcoin to US dollar for example.
stable coins are centralized and depend heavily on their shady companies to stay alive. Tether in this case is not safe even if it remains stable just all the years it has existed because Bitfinex is shady.

[maxreish]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Rather than asking us if it would be nice.
 Ask yourself, "Am I ready for the consequences? Am I ready to gain or to lose?"
And if you think, you are confident enough to enter bitcoin trading. Go invest and buy bitcoin. There is no guaranteed that this time is a safe time for investment. But if you can patiently wait and will not be panic whenever the price will decrease, go proceed and have a courage.

Anyway, a piece of advice. If there is even a tiny doubt on your mind, i dont think you are ready to invest all your $15,000 to bitcoin.

[mahilchii]

I would suggest you to think about taking risk apart from that do you own research so that you can have a clear knowledge before investing be ready to face the challenges. Believe me this is not just about the luck it all about the time, situation can go either any side of this... Do invest directly because 15k is a big margin, just have a look on other coins and invest partly to be in a safer zone. Because crypto is volatile and you cannot expect the stability everytime.

[plvbob0070]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Investing in bitcoin is worth it but you should look to other cryptocurrencies because there's also an opportunity to earn a profit. As a matter of fact, bitcoin is not a stable cryptocurrency unlike with USDT that stable at the price of 1$. I want to suggest that you try to separate your money into different cryptocurrencies and do not put all your money in bitcoin. Don't forget to make a research about different cryptocurrencies where you will invest your money and at this time I can say it's quite good if you going to enter now because we are in the way of reaching the 10,000$. But, it still up to you if going to invest now and do not ever fall into scam investment.

[scuj_cero]

If this is your all investment-money, then you shouldn't put all $15k into Bitcoin, or even into cryptocurrencies. It's best to keep your assets differentiated on few markets. Consider the fact, that if whole cryptocurrency market will fall down tomorrow, you'll lose all your money. Don't fully rely on directings said by anyone but yourself, you decide whether it's a right moment to invest. If you don't know what is the right moment, then you should educate yourself more and more and more - learn whole time as much as you can before you invest in something.

[julius caesar]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

There are a lot of thing that you should consider first before investing. You will release a big amount of money so you better come think of it first. Analyze when you will be needing this money. Bitcoin is a long term investment. It is also volatile. You need to wait for a long time and a perfect timing before you gain income into it.

[Gozie51]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

I think that btc is the safest cryptocurrency to invest in and if at the moment you are contemplating on such to invest, it will be a better time for that. The price is yet to go into 5 digit and halving is on the way, so being a hodler now won't hurt you but do you good before December.

[TheGreatPython]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

To me, this is coming late, but you can still give it a try. Where were you when Bitcoin was at its lowest state?
In 2019 Bitcoin dropped to a very low price, around $3,000 and $4,000, unless you were not part of the community then.

You can still give it a try if you can risk that amount. It’s all about being able to take the risk. There have been a lot of predictions that the price will go up after the next halving, maybe you should give it a try and see if there would be an increase as they said. I have been holding my coins for quite some time now and I’m hoping there will be an increase.

[Sanugarid]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Investing in bitcoin is worth it but you should look to other cryptocurrencies because there's also an opportunity to earn a profit. As a matter of fact, bitcoin is not a stable cryptocurrency unlike with USDT that stable at the price of 1$. I want to suggest that you try to separate your money into different cryptocurrencies and do not put all your money in bitcoin. Don't forget to make a research about different cryptocurrencies where you will invest your money and at this time I can say it's quite good if you going to enter now because we are in the way of reaching the 10,000$. But, it still up to you if going to invest now and do not ever fall into scam investment.

Bitcoin is indeed a good investment, I can really say that confidently because I have seen many people who gain a lot of profit in investing. There are actually lots of ways to earn crypto not only investing. This is actually the best time to invest since the market is recovering as long as bitcoin, just look at the value as of now it is rising and continue rising. We are all hoping that it will continue so that the token we bought and especially bitcoin we are holding can pump up also. Investing your money in bitcoin is such a good decision, but in order to earn money, you must have patience and eagerness to earn so that even if the market experienced downfall, you have the patience to wait for the right time that the market will recover.

[XCANA]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Never you rush into bitcoin for investment, many have lost their savings for just jumping into bitcoin investment. I will personally advise you not to invest in bitcoin with the aim of get rich soon. The best investment in bitcoin which have been proven is that of the; long-term investment. If you are ready to invest such a huge amount in bitcoin, then you will be ready to make future wealth.

[gundala]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

That's a big fund, are you sure and ready to face all the risks? The cryptocurrency market is very dynamic, you should always look at market movements so that you are not trapped in losses and can determine the appropriate action on your coins or tokens. There are lots of temptations, FOMO, FUD, media propaganda, you have to really understand the cryptocurrency ecosystem in order to overcome that. It's better to share the money, 50:50, just try a small portion so you don't lose too much if your strategy doesn't work.

[Rengga Jati]

good explanation before this but terrible advice here. you should never choose stablecoins or use them unless you have absolutely not other option. -snip-

I understand what you mean, buddy. If you read carefully what I wrote above, I was not in the position to advise him choosing stablecoins. I just try to make him aware that holding stablecoins won't be worth. And guide him to choose other options, coins with volatility like Bitcoin. 

-snip- You know that invest in a coin with stable price won't make you get big profits, volatility creates potential high profits.

[o48o]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you want to invest something stable, bitcoin might not be the answer you are looking for. This is highly volatile asset and will be for a long time before we hit the stability. You can invest into it for speculative reasons if you think it's going up that's not guaranteed by anyone. Just because lot's of people think it's very likely that bitcoin is going up again it will always be your own call. But stability is something you should look from elsewhere.

[worle1bm]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Is BTC safe?
It depends upon what type of safety are you looking for. If you meant the safety from theft then yes bitcoin is safest way of keeping your money. Just save your bitcoin on some hardware wallet or paper wallet and it's safer than anything in the world. If you meant financial safety then no, bitcoin is still immature and can dramatically rise or fall by even 90%.

Stable, well why would you like to invest in something which is stable? Stable investments are not investments, they are securities. This property is also not present in bitcoin at this time.

So if $15000 is not highly substantial for you, I mean if you can bare the fall in value by 20-30% at times then go ahead. Eventually you will get success.

[bitgolden]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you want to invest something stable, bitcoin might not be the answer you are looking for. This is highly volatile asset and will be for a long time before we hit the stability. You can invest into it for speculative reasons if you think it's going up that's not guaranteed by anyone. Just because lot's of people think it's very likely that bitcoin is going up again it will always be your own call. But stability is something you should look from elsewhere.

Investing $15000 would not be a small step. OP should surely look for some stable source of income if he wants to invest this huge amount. Investing this amount might make financial life of OP a bit unstable and he would need some stable source of income in order to get the financial life on track.

Bitcoins might surely give him immense profits, no doubt in that but OP might have to wait for some interval in order to see his coins growing in the markets where he could than make profits by selling some portion of his coins and again buying back on some dip. This method can make him earn a good and decent amount but it might even be a bit riskier as in these high volatile markets, we could never predict the exact price for bitcoins.

[Yatsan]

If you want to do a long term investment then I can say it's safe! but if you just want to a quick money in investing then I will not recommend bitcoin. Bitcoin price right now is unpredictable, any time it could go to the moon or go down, so if you are not experience trader I am highly suggesting that, you should consider long term investing. Long term investing in bitcoin is a sure thing here, just look at the price chart, currently we are at the downtrend and I am thinking may be give it a year, or just wait for the bull run and take your profit. In bitcoin if you go long term I am sure you will get the profit that you wanted.

[imstillthebest]

If you want to do a long term investment then I can say it's safe! but if you just want to a quick money in investing then I will not recommend bitcoin. Bitcoin price right now is unpredictable, any time it could go to the moon or go down, so if you are not experience trader I am highly suggesting that, you should consider long term investing. Long term investing in bitcoin is a sure thing here, just look at the price chart, currently we are at the downtrend and I am thinking may be give it a year, or just wait for the bull run and take your profit. In bitcoin if you go long term I am sure you will get the profit that you wanted.

long terms is just risk as short term because you will depend on the faith of the coins and you dont have an idea what will happen on that coin in the future but on short term you still have the time to sell when all fails  or when you suspect the coin will not go well  . im still confuse on what you said here , you said bitcoin is not good but eventually you said bitcoin is a good coin to earn   .   btc is really a good coin and there no doubt with it but like i said earlier , no one guarantees what can happen to it later on  .  while other coins are just plain bad from start  to finish .

[Yatsan]

If you want to do a long term investment then I can say it's safe! but if you just want to a quick money in investing then I will not recommend bitcoin. Bitcoin price right now is unpredictable, any time it could go to the moon or go down, so if you are not experience trader I am highly suggesting that, you should consider long term investing. Long term investing in bitcoin is a sure thing here, just look at the price chart, currently we are at the downtrend and I am thinking may be give it a year, or just wait for the bull run and take your profit. In bitcoin if you go long term I am sure you will get the profit that you wanted.

im still confuse on what you said here , you said bitcoin is not good but eventually you said bitcoin is a good coin to earn

I said that bitcoin investment right now is risky considering that it's on pump right now and may dump anytime, but if you will consider long term trading then, it will be a good coin to earn! Just see the chart mate, chart never lie LOL

long terms is just risk as short term because you will depend on the faith of the coins and you dont have an idea what will happen on that coin in the future but on short term you still have the time to sell when all fails  or when you suspect the coin will not go well

LOL, this is bitcoin what you are talking right here. long term=short term? Have you trade before? Long term trading is the safe considering that if you lose the trade you will just wait it to pump and claim your profit. If you think that long term trading is just equal to short term, I am thinking that you don't have any experience or idea what is trading mate.

no one guarantees what can happen to it later on

Agree! but if you will lower the risk through the analyzing the market, I think you will get a better chance of winning your trade. There's a reason why trading is different to gambling  

[LogitechMouse]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

I will assume that you are just a newbie and you are thinking that Bitcoin is like a "SAFE HAVEN" for you.

One of the most popular quotes of every investor is that "Don't put your eggs in one basket". If you only have $15000 in savings and you want to invest it into Bitcoin, I suggest that don't put it all but just a small percentage. What can you do with the remaining? Its either invest it into other investments or just save it if you don't have any experience in investing. If you have experience then invest into different investments it will help you grow your money faster .

[samcrypto]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you’re serious about this one then I wont suggest to invest on bitcoin alone because you need to spread that money and consider many things before investing. Many says that bitcoin is the best investment right now, I also believe on this one but because of the volatility, you might lose your patience and money if you can’t control your emotion and if you see bitcoin from dumping. There’s no assurance for a good pump again with bitcoin, that’s a huge money for me so have a good decision and learn on the best way.

[Ridwan Fauzi]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Bitcoin never be stable, its price always move up and down without everyone know. So when you have intention to store all your saving money it could be worst, because you spend them didn't use the money that can afford to lose, you will not comfortable with it. That is the first reason that I thought here.

Although I could be say that bitcoin is promissing place to store money and even if we see the sentiment market right now I can be say bitcoin will give you high profitable. But you will face something that even we never be planned, decreasing price a lot other thing that you will lose your money it will be an issue.

[SquallLeonhart]

So, you are going to purchase more than 1 bitcoin to hold? Are you aware about the trading tricks and methods and also have you acquainted yourself with trading strategies and the chart patterns? You need to start learning few things before you could invest that huge amount of investment.

Money itself cannot gain you profits but you do need to use your brain in order to start having profits. BTC is a safe investment but from my point of view. You have to find your perspective of view on your own by studying with several patterns and charts. You also have to compare bitcoins from 1 day graph to 1 hour graph and maybe even 1 minute graph if you are considering to invest for smaller terms. If you want to invest for long term than you can find any good dip from 1 hour dip and get in.

[Slow death]

as I wrote in the last post:

You have $15,000 and you buy bitcoin for the price of $9400, what is your target price to sell?

The price is currently at $9140. this can be a very bad time to buy bitcoin, you must wait if the price will break the $9500 and stay above $9500 to buy or you can wait and see if the price it will drop below $8700 and then wait to see if it will not drop below $7800 to buy

[ballerin and giroud]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Don't thinking too much, you can make a decision to buy right now. But with one note you already understood what the characteristic of bitcoin price so you will not be supprised when its price going down a lot. In this situation you will be tested your capacity as an investor. If your target to investing your money was for profit then you make bew strategy to hold but if you just make a decision to invest in bitcoin and you didn't know it before then you will sell your investment at that time in a lose situation. Be carefull of it, you can make a strategy as much as possible.

[Baoo]

To be honest, $ 15K is an acceptable amount for investing, but I would like to say that despite there is a volatility in the whole market not just BTC, but it is pretty safe when you invest all your money just in the KING Bitcoin, and this is absolutely the right time for buying the best cryptocurrencies especially who are existed on the TOP 10 ,  the others are too risky even if they have a good potential.
Also, remember that patience is always the key of profit, possible after the halving the whole market will pump.

[Tduty]

Bitcoin is not a stable currency, you can't expect that when volatile is the nature of it. But yes, Bitcoin is the most trusted coin ever and investing in Bitcoin always a wise decision. But I would suggest you wait for a while, there is a rumor that BTC price will go down to 8K USD or more down than that. So, wait for the dump and buy it at a lower price. Therefore you can split your investment to buy some other coins like ETH, LTC, LINK, XRP. Good luck with your crypto investment.

[White Christmas]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

$15,000 was a really huge amount of money and you have any plans on investing it into bitcoin. Bitcoin is not stable in which it may fluctuates anytime and it is because bitcoin is volatile in which we can say that bitcoin may up and down so if you are asking if it is stable then I will say that this is not stable. If you are asking about the security or the safe matters of investing on bitcoin then probably I can say that investing on bitcoin is really safe if you just know how bitcoin works and how the crypto market is going.

[Artemis3]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you are into long term, it should be safe. BUT you should get acquainted with the process of creating and keeping a cold wallet. Normally this involves booting a secure os pc to create a wallet, then after having written down the seed words by hand securing them, copying plenty public addresses and turning it off.

Then practice recreating the wallet in the same secured PC (live OS images such as Tails are ideal).

You should test with very small quantities until you understand how it works. Perhaps write instructions somewhere to keep them along the seed words.

As long as its long term and cold wallet (paper with written seed words) those funds are safe. And since you have the public addresses, you can keep adding funds and even securely checking them using a blockchain explorer or electrum read only, etc.

Long term bitcoin price will keep increasing, slower overtime. This doesn't mean no fluctuation, it is a free coin and it fluctuates, but this doesn't matter as in the long term the trend continues, just look at the entire history, all 11 years.

Forget about getting "rich" either from this alone. After some years you will see some "interest" (higher than banks) but nothing extraordinary like what people who invested years ago could make. Be disciplined, wait. Preferably take a look every year or two rather than every week or month, so you don't panic and make a mistake. Make sure this is a money that can be left alone, think fixed term fund.

[abel1337]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

$15,000 was a really huge amount of money and you have any plans on investing it into bitcoin. Bitcoin is not stable in which it may fluctuates anytime and it is because bitcoin is volatile in which we can say that bitcoin may up and down so if you are asking if it is stable then I will say that this is not stable. If you are asking about the security or the safe matters of investing on bitcoin then probably I can say that investing on bitcoin is really safe if you just know how bitcoin works and how the crypto market is going.

Investing in bitcoin has a high chance of getting profit and losing money into it, The volatility of bitcoin is higher compared to other investment, This is for me a great feature of bitcoin compared to other investment. I think you should consider the risk if you are investing in bitcoin.

I think investing in bitcoin when it is stable is defeating the purpose of getting profit from bitcoin Because it might always go up and down. Buying on dip and selling at a price that I'm satisfied with, is that I still survive getting profit in trading bitcoin.

[Yamifoud]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

It can be of a good decision but since you are new to this environment, it is better to start at a small amount until such time that you are knowledgeable enough with the market situation. I'm not supposed to give you some worries or even doubts but I just say will serve you as a warned that crypto investment is not as easy to look by. Difficulties, losses, and gains might happen around and the question is, can you manage your emotions to face these things? That is so hard and I can't imagine soo many people would try to invest crypto but later on, they started to vanish because they certainly not know what is happening most especially when we are in the bear season.

[Meowth05]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

$15000 is big amount of money though it is really reasonable to place your investment in Bitcoin due to the fact this can guarantee to give an enough profit. However, I think it would still much better if you will diverse it and put in different top performing altcoins such as ETH, XRP, etc just to lessen the potential risk and as investors you should probably know the philosophy of not placing all of your eggs in one basket. Personally, investing in BTC is safe but I think it varies on the time you were going to invest and the amount of patience you have because there are some cases that a person tend to lose their cool and used to panic sell that always causes a big loss.

[panganib999]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you are just investing because you think it might be stable today. I suggest not to invest, bitcoin is so volatile compare to other currency you should always prepared with the price movement before investing. Two way you can experience if you invest it a lost or profit dont expect it will be stable because it will not gonna happen check the previous chart of bitcoin and you will have idea why i say this.

Exactly, as you invest this year, bitcoin is not moving and there is no progress, therefore, you're money is also stable. You need to wait for the moment when bitcoin suddenly becomes high but it is not uncertain when it will happen. But if you really want to have some profit, you need to take a risk using shitcoins, altcoins rather, so your money will not be stable. But as what I've said, it is risky. Bitcoin is also risky, but when the time comes that its price goes up. You are very blessed to have huge amount of money out of bitcoin. So for me, check the history or timeline of bitcoin to see the probability of it making high again. Also monitor its price in the market so you're updated on what's happening in bitcoin.

[Dhoe]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

That is the right choice than you are investing in Altcoin. Bitcoin will remain the best long-term investment than others. But you need to know that the price of Bitcoin will always fluctuate so that the value of your assets can grow or plummet quickly.  But don't worry if Bitcoin is your choice then I'm sure your assets in the next 1-2 years will grow up.

[Farma]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

I don't think it will be wise when you give up all the assets you have on bitcoin. however, something wise is when you invest in what you are willing to lose. if $ 15,000 is an important asset for you, don't invest all of it, try to start from 50%, or below, because we don't know whether it's really your profit or your loss. however, you need to consider that, for me, it is not wise to invest everything you have in one basket, even more so if the loss can affect your life.

[Assface16678]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

That is the right choice than you are investing in Altcoin. Bitcoin will remain the best long-term investment than others. But you need to know that the price of Bitcoin will always fluctuate so that the value of your assets can grow or plummet quickly.  But don't worry if Bitcoin is your choice then I'm sure your assets in the next 1-2 years will grow up.

Today one of the fastest-growing investment is with the use of cryptocurrency, and now one of the growing coins is with the use of bitcoin by the time goes by the price of the bitcoin slowly increasing and this is the reason why it gets a lot of popularity and becomes fame into the world of cryptocurrency we all know that the price of the bitcoin before is just a thousand dollars and now it shows the highest pr profitable income. As a person who wants to get a lot of revenue or profit even, it is risky, they are trying to get some investment because there is a fifty percent chance they will get a lot of income if the price of the coin goes up the same with their money.  Today there is a chance that the market price of the coin will grows up and becomes more profitable because in the early month of the year it shows now a good sign of rapidly increasing.

[maydna]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

That is the right choice than you are investing in Altcoin. Bitcoin will remain the best long-term investment than others. But you need to know that the price of Bitcoin will always fluctuate so that the value of your assets can grow or plummet quickly.  But don't worry if Bitcoin is your choice then I'm sure your assets in the next 1-2 years will grow up.

If he doesn't think about the volatility of bitcoin and altcoin price, he can invest in cryptocurrency, especially if he still has more money to fill his daily needs.  That will not be a problem if he wants to use $15k to invest in bitcoin because he can get more than 1 bitcoin, and he can also invest in altcoin too. But he needs to understand that bitcoin is not stable, and he needs to prepare to see the volatility of bitcoin price. He needs to accept the risk if somehow bitcoin price is down for a moment because if bitcoin price is down for a while, it will go up in the next day or weeks, so he will see his investment value will be up too.

[Sanitough]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

That is the right choice than you are investing in Altcoin. Bitcoin will remain the best long-term investment than others. But you need to know that the price of Bitcoin will always fluctuate so that the value of your assets can grow or plummet quickly.  But don't worry if Bitcoin is your choice then I'm sure your assets in the next 1-2 years will grow up.

If he doesn't think about the volatility of bitcoin and altcoin price, he can invest in cryptocurrency, especially if he still has more money to fill his daily needs.  That will not be a problem if he wants to use $15k to invest in bitcoin because he can get more than 1 bitcoin, and he can also invest in altcoin too. But he needs to understand that bitcoin is not stable, and he needs to prepare to see the volatility of bitcoin price. He needs to accept the risk if somehow bitcoin price is down for a moment because if bitcoin price is down for a while, it will go up in the next day or weeks, so he will see his investment value will be up too.

Exactly because bad market could happen.
We can look back at the past, bitcoin pump to $20,000 and if an investor bought at that price, what would he/she feels seeing bitcoin dropped to $3,000+.
it's a matter of timing, both for buying and selling and everyone should be smart enough to determine which is the right timing.

[lienfaye]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Investing in bitcoin is profitable especially for long term holding but I think your capital is too huge for it, consider diversifying. We know investing is risky and doesnt guarantee a 100% profit hence it is advisable to invest only the money that you can afford to lose.

In crypto the most proven and reliable coin is bitcoin (its not stable like what you think) your capital has a chance to grow but you have to be patient because there's no easy money here. If you're willing to take the risk then have guts and think of the possible consequences incase what you expected didnt happen.

[btc78]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you are investing just because of profit better not do it and just stay learning,because crypto investing is not just for profiting but for knowledge and technology also.
Because of you don’t really trust Crypto then no way that you can stay stronger when market pulling down the prices.

I think best way to invest with cryptocurrency right now because bitcoin and altcoin look going on to the higher price, but with higher amount you can put with several coin for bigger chance to get profit and keep getting higher much profit with bitcoin and altcoin, depend with how lucky of coin do you want to invest.

This is not like a stock market where you can just buy and profit mate,and not because youre seeing some good move in market you can make profit.
Never forget the volatility of cryptocurrency,it can go up today but lose tomorrow so better think and learn before entering and invest your money.

[alexsandria]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Investing $15,000 to bitcoin is very risky it is just you buy almost 1.5 bitcoin as a whole and I can say that it is really a risk taking but it seems to be a good decision to invest on crypto if you are really willing to do it but if you will consider to ask a financial expert on what to do on your $15,000 then probably they will say to invest it on something that is worth to invest which is real estate and etc.
I can suggest that if you are really willing to bet or risk to crypto then it would be great to invest a huge amount of money in order to earn good profit when the time of crypto comes.

[taufik123]

-snip- if $ 15,000 is an important asset for you, don't invest all of it, try to start from 50%, or below, because we don't know whether it's really your profit or your loss.

I agree with your suggestion to invest 50% of funds in advance rather than having to use 100% of funds owned.
Using this strategy, we can buy bitcoin cheaply when prices start to fall below the price of the first purchase.
The remaining funds will be a reserve fund which at any time will be very useful.

The most important thing is to determine what type of investment to use. Will it do Short term or Longterm.
But for bitcoin, currently doing the Longterm investment method can be profitable, because bitcoin has begun to rise in price again.

The last is a mental problem. Mental must be really strong and must be sure of what is invested. Never cut cut, because it will be very detrimental. Waiting until the target is achieved is the best even though it takes a long time.

[AicecreaME]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise?

Yes it is, investing in Bitcoin is a wise choice, however, I am seeing that you are the type of person that is going to panic that will do panic selling out of the blue if the price of bitcoin would be in the bearish market for some time, that is going to become the unwise thing here.

Is BTC safe and stable at this point and this time?

Bitcoin is safe, but it will never be stable. Think about it, you are going to invest in cryptocurrency (in Bitcoin) because of the profits that it could give to you in the long run and yet you were asking for it if it was stable or not, because if it is, then the profits that you could earn in the long run would not be that big compare if you are looking on the volatility of bitcoin as your advantage for the sake of your profits.

P.S: Don't invest in bitcoin, just make a small business of yours, that could be great for you.

[TitanGEL]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Definitely there's no answer to your question if you are to ask me. Many have invested into Bitcoin and have given positive feedback while others have negative feedback, so, this investment depends on each individual who's involve in the investment. Personally, if you aren't sure of Bitcoin investment due to it volatility, then don't invest and if you must invest, "invest what you can afford to loose".

Investing requires financial IQ and knowledge, you cannot just put money on it without prior knowledge about what it is. There are people who are losing money in the market because they do not how market works. They are just investing because they are hoping to increase it in just short period of time. It is not like that, we should change our mindset before investing. In order to grow out investment, we should first protect our fund my improving our risk and management.

[mandor]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you think that BTC is safe, of course that's it's safe if you to investing on BTC and if you say the price of BTC is stable for now, then it can't be predicted because everything can change in an instant. you have a lot of money in your savings and if you want to invest everything into Bitcoin then I strongly support your good idea but you also have to be able to accept the risk if losing money too much of Bitcoin.

[peter0425]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you think that BTC is safe, of course that's it's safe if you to investing on BTC and if you say the price of BTC is stable for now, then it can't be predicted because everything can change in an instant. you have a lot of money in your savings and if you want to invest everything into Bitcoin then I strongly support your good idea but you also have to be able to accept the risk if losing money too much of Bitcoin.

If you will care about your wallet and exchange that will go into then you might be safer and wont be a victim of scammers and hackers but be careful specially now that you broadcasted your plan here because for sure there are some others that looking unto you.

In terms of safer currency,?then that is absolutely bitcoin because before dumping it is altcoins first so you can be sure of being safe.i suggest OP to buy now before it is too late and the price continues to grow till today.

[Anonylz]

There is no investment that doesn't involves taking a risk, everyone in crypto who has ever invest a penny in this system are also taking a risk, the important thing is knowing the risk involve and seriously consider if you are ready to take such risk, playing safe on the other hand won't bring profit i.e if you decided to just keep the money in the bank, or you can decide to invest on gold as it is less risky and less profitable,
personally, i would take the btc option, better btc than alts, everyday people buy btc as store of value, they are not stupid to do so are they? if everyone is scared to invest how will the market grow!
the decision is yours, my opinion are just personal, not a financial advice.

[Kersh768]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

The market behavior is going up, investing at this point would be a good idea. But before investing, make sure that it won't be a burden for you to invest such huge amount in crypto because volatility is always present in this industry. But as what I have said, investing right now is a good idea.

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

If you think that BTC is safe, of course that's it's safe if you to investing on BTC and if you say the price of BTC is stable for now, then it can't be predicted because everything can change in an instant. you have a lot of money in your savings and if you want to invest everything into Bitcoin then I strongly support your good idea but you also have to be able to accept the risk if losing money too much of Bitcoin.

Actually, there's no stability when it comes to the market value of Bitcoin as well as other cryptos. With that being said, we should always expect that the market price could go down in no time, which serves as a risk from investing into it. But patience is all an invester would need in order to overcome the stress backdrops are giving to your investment. Because if you would further check the background of cryptos' market value, there are cryptos whose market prices are far from its market value at this moment. And from that, one could draw a conclusion whether to invest or not.

[reallester]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Let me ask you this, what is your main reason for wanting to invest in crypto? What a lot of people especially newbies fail to understand is the fact that bitcoin and the cryptocurrency as a whole is volatile and as such unpredictable. Two things are involved when you invest in crypto.

1. You either make pool of profits

2. You makes loses.

While investing in crypto be prepared for these two things. To either make profits or to make loses. Above all, always make wise investments and always remember that cryptocurrency is not stable as it is volatile and unpredictable.  Goodluck in your investments!

[Janation]

If you will be thinking that Bitcoin will give you the profit you want, better not hope in it.

Bitcoin and almost all of the cryptocurrencies in the market are so volatile that they make investing in them very risky. So if you are asking if it is safe, no, it is not stable either so if you can't handle the quick changes that are happening, better find a good stock where you can place your money. Maybe buy some TSLA or other stocks there. You can't predict what may happen with the volatility of it, you never know where will it take you. So if you will be asking me, it seems that you are not aware of where you will be putting your savings. If you really want to invest in cryptocurrencies, read a lot of books, it will really help you. Gaining knowledge before the war would really help you.

[Bohxz M4p4gm4h4l25]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Maybe the best advice you can get is to invest something you are willing to lose, don't ever invest your last money. Investment is design in a way that you should need established first a stable cash flow so that you cannot be broke in case your investment don't survive. Here's the thing we are not 100% sure that our investment will guaranteed to return profit, although I believe that the chance are high. Maybe to be safe invest your other money into something else like not putting your eggs into one basket.

[Latviand]

if I invest in the long term I think it's safe, or if we don't see bitcoin grow now, and I don't think you'll be profitable soon, you just have a target to sell at what price. but before investing you must prepare mentally, because we know crypto is volatile

Bitcoin is good for long term investment because its market value is changing from time to time. Long term outcome makes Bitcoin profitable as an investment. The proof to this is how far its market value at this moment from its price before, not to mention its all time high market value which happened on the previous years. With that being said, it could happen again and that would be the time where many people could earn huge profit. Investing at this point would be a good opportunity to be part of the coming uprise.

Did you invest already? If not then hold it for a while. Let Bitcoin dump a bit, when it comes under 9K USD again, buy it! Bitcoin is not a risky investment and it is not stable too. As you said from 2 February to now, the Bitcoin price increased very high. This year, investing in bitcoin will be a great decision for everyone.

Waiting for the dump to occur is really advisable but I do see the same thing from investing at this moment. Its market value will soon increase, higher than the price at this point. Also, we don't know when will its price again fall, so that would be another thing to do.

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

You don't need to hesitate with Bitcoin, in investment.

Bitcoin was created in 2009 and until now many people in the world have invested in bitcoin, if you haven't done it, do it the best, you see the price of Bitcoin today of course you don't need to worry anymore about investment.

It is normal to doubt at first given that we are talking about investments, which do always has risk involved.  But ofcourse, planning before engaging is the main thing. Keep in mind investing only an amount you can afford to lose.

[Kelvinid]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Maybe the best advice you can get is to invest something you are willing to lose, don't ever invest your last money. Investment is design in a way that you should need established first a stable cash flow so that you cannot be broke in case your investment don't survive. Here's the thing we are not 100% sure that our investment will guaranteed to return profit, although I believe that the chance are high. Maybe to be safe invest your other money into something else like not putting your eggs into one basket.

It is just an option to take a risk in investing other than Bitcoin. Even though it was risky to put eggs into one basket but I'd never think that Bitcoin would disappoint me in the future not alike that Altcoins will do. There is no doubt that Bitcoin is getting more supporters and users that altcoin that it gives me assurance and we are not wrong into this single investment.

Yes, there is a moment that we fall and being in a big crisis but that's not a way we should have to worry about. But of course, it all depends on our trust and how we look at the market. And I could say that we don't just have to look at its current position but to look into its future and sound like Bitcoin has a brighter future.

[nelson4lov]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

I would say invest with caution. Don't let anyone tell you otherwise. Stuffs like – Bitcoin is stable. To be straight with you, Bitcoin isn't stable. As a matter of fact, the cryptocurrency market isn't stable. Instead, it's volatile. While I do recommend investing with Bitcoin, you should do it with caution because at the moment, the price is currently trending up. It might decide to go south and you'll lose a good percentage of your $15K. So here's what I suggest:

1. Firstly, do a comprehensive research on Bitcoin/Altcoins
2. Take some trading classes so you know exactly what you're doing and don't just invest blindly.
3. Understand the risks involved
4. Proceed to invest when you deem fit.

[Kupid002]

Investing in Bitcoin is a good choice as long is for a long time perspective. If it is for a short time, it will be good to diversify your investment to other alternatives digital assets like ETH, LTC, BNB etc. May be Bitcoin can take 40% of the total portfolio.

good choice how ever no guaranteed if you are only looking for profit.  All of the news given that price of bitcoin and other crypto currency is only speculation and we dont even know what will happen and if bitcoin is still usefull in the  future.
Investing oi bitcoin is only for those  who trust fully  bitcoin that this the  future money.

[FanEagle]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

The question shouldn't be whether the market is at a good position or not, the main question should be whether you're ready to risk that amount you have mentioned. You see, Some of the new investors I see in this market don't really ask about how much risk they are about to take, they only ask whether the time is right for them to invest or not, which everyone would probably say yes to.

Lol what were you even expecting, this is a cryptocurrency community/forum, and no one here is going to say anything bad about cryptocurrency, they will tell you to go ahead. I can't tell if now is the right time or not, so I would only ask if that amount is what you can afford to risk, stop thinking of profit and think of loss , just see the money as something you don't care about anymore and you want to risk it. That way, if you lose it you wouldn't mind and if you're lucky and the price goes up… then you can enjoy your profit.

[Gumpfire]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Take it easy. It doesn't mean that the value of price today is high, it will be like that forever. That is a very high risk you are taking, and before anything else, you should read and read more about bitcoin and cryptocurrency before doing anything else. You'll end up regretting your decisions. It is better now for you to be familiarized in the concept, and deeply think about it, if you are going to be ready for investing your money on bitcoin.

[Hypnosis00]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Take it easy. It doesn't mean that the value of price today is high, it will be like that forever. That is a very high risk you are taking, and before anything else, you should read and read more about bitcoin and cryptocurremcy before doing anything else. You'll end up regretting your decisions. It is better now for you to be familiarized in the concept, and deeply think about it, if you ate going to be ready for investing your money on bitcoin.

It all be at risk, even outside crypto investment but above all, we should have to think positive as will and may this risk will give us passive results. However, if we are in doubt for crypto and afraid of its risk, we better not to try. That is why, if we are thinking about this, we should have to plan first and be preferred for any circumstances that might happen to our investment.
Yes, $15k is quite big to start as a newbie and much better not use it all until such time that we are knowledgeable enough in this field. 

[Kurokonobasuke]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

It is not safe if you invest your all money it would be too risky, because the price of bitcoin is volatile so we don't know if the high price rate for today will remain the same in the next day, but if you have a great urge and your ready for what would be the result in your invest money, well it's your choice. But for my opinion if you've have doubts in investing your money I suggest to invest a small amount of your bitcoin so that it wouldn't a big lose on your savings, because we aren't sure if your investment will return the 100% of your profit. 

[LUCKMCFLY]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

It is not safe if you invest your all money it would be too risky, because the price of bitcoin is volatile so we don't know if the high price rate for today will remain the same in the next day, but if you have a great urge and your ready for what would be the result in your invest money, well it's your choice. But for my opinion if you've have doubts in investing your money I suggest to invest a small amount of your bitcoin so that it wouldn't a big lose on your savings, because we aren't sure if your investment will return the 100% of your profit. 

This is a very valid option and full of protection, but if we take into account that everything in this life is a risk, then why not take it? Maybe you risk $ 15k so that you get in a not too distant time about $ 50k- $ 60k.

The worst thing that can happen is that you do not get to make a profit and that you leave with $ 15k or maybe a little less, but if there is belief in this technology, and in the market, in the stages of the market that are being fulfilled, there should not be doubt in the investment.

[vintages]

Let's start by you checking previous Bitcoin price charts or prices to know how far it has come. It could give you little insight.
You said the money is your savings, which means you mostly depends fully on it. You can invest in Bitcoin but its best you should do it with spare funds. Or, a low amount so you don't get to feel much regret if things don't go your way.

[btcholder]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise?

Many people said that it's really a huge amount to investing as a newbie but i can't see any problem with that. If you are planning for long term holding then it's really a good idea. But if you are thinking for starting to trade with your asset then learn first how to work crypto trade. Because crypto trading is really sensitive than other currency trading.

Is BTC safe and stable at this point and this time?

That's an unwise question my mate. After several years past this question is just pointless. Bitcoin is the most profitable asset to investment. Cryptocurrencies outperformed traditional stocks over the last ten years but Netflix, Amazon and Domino's were not that far off. Read that article you will find your answer.

[Nhor1011]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Before investing don't forget that bitcoin is volatile and crypto market is not stable,but because of this volatility you can make profit. It depends on you if you are a risk taker person then it's time for you to invest in bitcoin specially this time that we are facing in a difficult situation cause by the covid19 pandemic. Crypto will be an alternative way to earn while stay at home. Just learn more techniques in doing trading to avoid loses. Anyway good luck to you.

[gocryptowise]

$15000 seem like a lot. But then I have no idea about your financial background, so it could be a small percentage of your wealth. I think it doesn't matter if you invest $1500 or $15, you always need to look into the best way of investing. And try to avoid common mistakes.
I am talking about getting a secure wallet for yourself. Keeping backups of your private keys. Look into how the tax situation for Bitcoin looks like in your country. Compare exchange rates and fees for the different exchanges and brokers where you can buy Bitcoin via, etc.

We have written this guide on the topic on how to invest in Bitcoin for the first time here https://gocryptowise.com/how-to-invest-in-bitcoin-the-beginner-guide/

[MCobian]

The amount of capital of $ 15k is a very large value, so you should not use it entirely for investing in bitcoin. $ 7500 should be saved
in fiat or stablecoins, then another $ 5,000 is bought bitcoin and the remaining $ 2500 is bought altcoins. Because if not do that, so there
is a possibility your capital of $ 15k can all be lost. Because investment in cryptocurrency is very high risk, due to volatile prices.

[The cure]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

For me it's too risky, why don't you try to invest half only of that amount? Youre just starting in these field so learn first more strategies and do research before transferring all your savings into Bitcoin.

[Triffin]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

For me it's too risky, why don't you try to invest half only of that amount? Youre just starting in these field so learn first more strategies and do research before transferring all your savings into Bitcoin.

It's a really very  good suggestion if a person is new in crypto he should invest little amount in crypto and keep other saved. Growing power and price of bitcoin is a sign that we should invest in bitcoin even a small price. Being new in crypto just be careful and hold your coins for long term as long as it take to the price of bitcoin to grow.  To reduce the risk choose  trustable coin like bitcoin buy at red and sell Green market

[Mahanton]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

For me it's too risky, why don't you try to invest half only of that amount? Youre just starting in these field so learn first more strategies and do research before transferring all your savings into Bitcoin.

It's a really very  good suggestion if a person is new in crypto he should invest little amount in crypto and keep other saved. Growing power and price of bitcoin is a sign that we should invest in bitcoin even a small price. Being new in crypto just be careful and hold your coins for long term as long as it take to the price of bitcoin to grow.  To reduce the risk choose  trustable coin like bitcoin buy at red and sell Green market

Of course everything do have that kind of risk even if you do invest with Forex and stocks, you wouldnt guarantee that you are in the safe side. Going back to the time on where OP posted this thread where the price is hovering on 9300+ and if he did consider on buying out on that time then he doesnt make any profit upto now since the current price is still on the same level and you wouldnt be sure if he didnt made any panic well when the price had crashed down in 3k+ price.This is why its always been ideal to invest on the amount that we can afford to lose or the money that we arent using. Investing your all life savings is really a risky move to be done.

[XCANA]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Bitcoin isn't stable coin to correct your impression. For the investment into the digital currency called Bitcoin; the best investment anyone can make this time is invest into a coin with prospects and Bitcoin is one of the very best investment coin for anyone. Having the $15k to make investment with is a big one at this moment when the price of Bitcoin dropped. Bitcoin investment shouldn't be a short-term investment rather a long-term investment, years ago I make such move to invest a little fraction of my savings into Bitcoin and was not shamed for my move.

[hahay]

It won't be a problem if you are confident to do it, it's useless if you invest as much as you can but even you don't believe in the future of bitcoin then it will be a problem in the end too. When some people do not have a lot of money to invest in bitcoin then in the end they look for other alternatives and look for cheaper altcoins so that their investment continues to work, this at least proves that if you have a lot of money then bitcoin should be a top priority, wise or not it's back to your own self-confidence.

[rathaha10]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Investment in bitcoin is always profitable if you would ask me, however it depends greatly on you on how much profits you are gonna make from it. Everyone will tell you to buy at the bottom and sell at the peak, that's definitely correct. However, knowing the bottom and the peak is arguably the hardest thing in this crypto space. If you can lock up your investment for a long period, i think you will definitely enjoy a massive profit along the line because everyone that has ever invested long term in bitcoin are the millionaires called whales today

[pragna]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

I will never say don't invest your dollar in crypto as a crypto lover but be sure in which project or coin you going to invest. Because when btc down to 19k$ to 4k$ many men lost their every investment. So be careful before you investment. Don't invest into any shit coin or project that may carry out all your savings. As in this crisis moment BTC being up 4k$ to 10k$, that means people are more involved with it and doing trust in it. So you can also trust on it but do your work safely.

thanks.

[Nellayar]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

I will just return the question to you, Do you afford to wait? Believe me or not, a lot of traders are rekt because of bitcoin. Therefore, don't assume to make profits easily because you will deposit a lot of money. Besides it may lost once you enter the peak.

Trading is different from investing. In trading, you can earn more but the risk is too high. Investing is low income but you have low risk as well. If you want to make profits in trading, study it very well.

One more thing, don't pour all of your capital in only one coin because if it suffers the downtrend, you cannot easily return back all of your capital.


So, let me ask again, are you willing to wait? Because for me, bitcoin is for long term period.

[m.nauman169]

According to risk-reward principle, low levels of uncertainty are kindred with low returns and high levels of uncertainty are associated with higher returns. There is likelihood of losing some of your investment as BTC are volatile that's why it is not considered as safe way of investing your savings by many. Cryptocurrencies have never been stable, sometimes you can get high profits but there are some questions you need to ask yourself before investing  regarding security and safety as $15000 is a huge amount. 

[irfan_pak10]

According to risk-reward principle, low levels of uncertainty are kindred with low returns and high levels of uncertainty are associated with higher returns. There is likelihood of losing some of your investment as BTC are volatile that's why it is not considered as safe way of investing your savings by many. Cryptocurrencies have never been stable, sometimes you can get high profits but there are some questions you need to ask yourself before investing  regarding security and safety as $15000 is a huge amount. 

If one's wants to make some good ROI in short term he must take some risks unlike with property which is thought to be long term and gives lesser ROI than bitcoin. Seeing bitcoin ROI it's almost 6k+, So I highly suggest OP invest in bitcoin [not other cryptos] at the current price and I can guarantee him, he'll make a nice amount of ROI in a week.

[gamer4156]

If you have enough savings and you have a good amount of regular income,you can invest in crypto. Anything can happen at any time in crypto. If you invest all your savings here, you have to keep in mind the risk. Your investment can pay you back several times. If you have a lot of lazy money, you can invest in crypto. However, if you invest in Bitcoin, your money is not likely to be scammed

[raidarksword]

Investing on crypto is a high-risk and always be ready to anything could happen in the future because this not a financial advice, you do your own discretion so that no blaming in the end. It's best to do your research first before engaging in crypto and always ask second opinion to people for advises of what are the do's and dont's. Remember always invest what you can afford to lose, you can try a little amount first and if it really works then you can add more investments in to the next and so on until you reached your target.

[Lorence.xD]

Investing on crypto is a high-risk and always be ready to anything could happen in the future because this not a financial advice, you do your own discretion so that no blaming in the end. It's best to do your research first before engaging in crypto and always ask second opinion to people for advises of what are the do's and dont's. Remember always invest what you can afford to lose, you can try a little amount first and if it really works then you can add more investments in to the next and so on until you reached your target.

The risk is too high to consider an all-in investment in cryptocurrency, I would suggest that you should diversify your investmemts so that when the time comes when crypto experiences a down time then you will still have the cash flow. Remember the saying that you should not put all of your eggs in one basket. If you are determined to do that then good luck and god speed to you and I hope that you earn more than your capital.

[LbtalkL]

Try in your own risk, technically there is no assurance, anything can happen anytime. It can go up or down. But I guess in the long term investing in bitcoin is profitable. But if you looking at the price now and then, your emotion might affect your decisions. I suggest buying a small amount in the meantime and test what will happen and don't risk all of your savings.

[mandor]

Try in your own risk, technically there is no assurance, anything can happen anytime. It can go up or down. But I guess in the long term investing in bitcoin is profitable. But if you looking at the price now and then, your emotion might affect your decisions. I suggest buying a small amount in the meantime and test what will happen and don't risk all of your savings.

I think it doesn't matter if want spend all of your savings to invest in Bitcoin because that it will generate big profits in the future. of course patience will be tested if you want to invest in Bitcoin and must be brave to accept the risk if there is a decrease or increase on the price Bitcoin. if emotions will influence the decisions you have made then don't look at the price too often.

[Shasha80]

It is appropriate that your capital of $ 15k be bought bitcoin, because until now bitcoin is the best cryptocurrency. If you look at
the movement of bitcoin, I'm sure if you hold bitcoin the next few years it will generate huge profits. So no need to hesitate
investing in bitcoin, even though the price is volatile and has a high risk. But bitcoin is profitable.

[cosmofly]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Investment is a form of taking risks or winning big. We have absolutely no idea how much money we can make in that investment, so we need to have a clear capital management plan and profit target. It will be a way to help you invest without losing everything. but for now you can buy BTC to hold for a long time. Because bitcoin halving will affect the price of bitcoin in the long term, buying and holding in the long term will be a smart decision.

[Negotiation]

Crypto is a great place to invest in It is possible to make more profit by investing in crypto than other sites You are right that long term investment can be more profitable In the case of other currencies, short-term investments are better than these. But bitcoin is a long-term investment Double profits are possible if we invest and hold on to Bitcoin prices.

[Swordsoffreedom]

If you wanna invest in crypto, you have to do as your wish. because it’s your money, your will. I just want to say that Bitcoin is not a guaranteed platform where anyone can say surely that you will be benefitted if you invest. Profitability is totally dependent on your luck and trading technique, because no one can predict exactly when the price of BTC will rise or fall. so, if you invest in BTC for a short time there is more risk, but if you invest in it for a long term then hope you will get profit on it. because the demand of BTC is increasing day by day, and after halving now it is Bullish time.

[hellominnie08]

With that amount, bitcoin is not a good choice to invest all of that money. Bitcoin or other cypto currencies are volatile to the point you don't know if your money tat you invested will rise up or you'll going to lose it.

In my opinion, there are many ways you can invest your money. You can put it in your bank account to save it. You can also invest it in your life insurance because after how many years, your money will going to rise up. Also, if you have an entrepreneur mindset, you can put a business or online shop with that amount of money specially nowadays.

[cafetools]

If you invest 15k you need to be patient and wait, BTC might not pump for a year or two. Its just a matter of time though for big gains to be made. Simple supply and demand, can you imagine if you hold for 5 or 10 years?

I think in 10 years BTC will be worth 100k. So that would be a nice little 150k if you invested and bought 1.5 Bitcoins today.

[Taskford]

If you invest 15k you need to be patient and wait, BTC might not pump for a year or two. Its just a matter of time though for big gains to be made. Simple supply and demand, can you imagine if you hold for 5 or 10 years?

I think in 10 years BTC will be worth 100k. So that would be a nice little 150k if you invested and bought 1.5 Bitcoins today.

That's right if you think about dumping out today since you are losing hope for seeing it impossible to come then its a big loss but actually there are other ways to come up even if you dump your coins at this time just make sure we do a short trades to cover up the losses we got especially if we bought at $15k, but future is promising so best to hold and wait for the right time since we have high chances to go to $15k again.

[giammangiato]

For me,investing bitcoin in any other way will make you become stable in every day living. I really trust bitcoin that all believers will have benifits on this someday.

in the near future bitcoin could become a safe haven asset but not now or at least in the next 50 years, in reality bitcoin like all other cryptocurrencies are highly volatile and therefore not stable over time. I think that if a person wants to invest in cryptocurrencies, he must first discuss the project well and then evaluate investing, since it is a sector where uncertainty is predominant

[rodskee]

It is appropriate that your capital of $ 15k be bought bitcoin, because until now bitcoin is the best cryptocurrency.

Compare to other crypto, bitcoin still the best choice if you are looking for long term investment.

If you look at  the movement of bitcoin, I'm sure if you hold bitcoin the next few years it will generate huge profits.

That's very possible, especially of you bought bitcoin when many are selling it, if you purchased it when dumped
is ongoing, chance to sell it for much higher value.

So no need to hesitate  investing in bitcoin, even though the price is volatile and has a high risk. But bitcoin is profitable.

You need to study and learn more about bitcoin first, before you invest make sure that you are ready and willing
to take the risk, it's very important in every aspects of investment.


The chance is all yours if you pay attention to every opportunities that will shoed up, grab and take advantage.

[Bitcoinislife09]

I would suggest you to think about taking risk apart from that do you own research so that you can have a clear knowledge before investing be ready to face the challenges. Believe me this is not just about the luck it all about the time, situation can go either any side of this... Do invest directly because 15k is a big margin, just have a look on other coins and invest partly to be in a safer zone. Because crypto is volatile and you cannot expect the stability everytime.

If you want to invest in cryptocurrency better to think thousand times about it before doing. Investing in cryptocurrencies is really good but it is risky. You may have your own research for you to have a deep understanding in terms of the problems and challenges that you are about to face in the cryptocurrency investment. Cryptocurrency is not only about winning but also about losing. There are times that your money will grow but there are also times that it will fall. Better invest your coins in different cryptocurrencies to be keep in safe. Cryptocurrency is volatile and we won't know its changes.

All investments are some kind of a risk. You may experience many challenges just like a scam, faudulents, and unpreditable changes of value. Inspite all the challenges I can say that cryptocurrency investment is worth the investment.

[DabsPoorVersion]

It's a huge amount of investment and I think it would be wise,

However, you should know to yourself when is the right time to enter or to start buying bitcoin. There is the right timing for buying so that you will never lose most of it. You should also know that investing takes a lot of patients, you better prepare yourself for the risk and how long you will wait for your investment to make a profit.

[Triffin]

as far as am concern bitcoin is the most valuable crypto in the world, investing in it cant be a mistake, you re on the right part

Agree with you now a day life is so tough we cannot go out to have a job and earn from it so in this case stay home and getting profit is like a blessing for us. We should invest in only bitcoin as you said it is the most value able investment and also it has strong future growth. Otherwise Ethereum is also a very good coin but bitcoin is unbeatable for sure.

[Rulelies]

Not bad as long you can patiently wait for it to yield profit well. And when buying the cryptocurrencies please diversify, more money should be pumped in the altcoins. You will gain more and faster but pick good ones. maybe 30-40% bitcoin then 60-70% altcoins.

[madhavsinghrajput]

I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Firstly you Should not invest such big part of your savings in a market that is so volatile.There is no market that is 100% safe in today’s time.If you ask me than I would suggest to invest slowly and less amount at one time.Investing saving in this market is like risking hard work of your life and one should do that with proper planning.

[ajqjjj]

Not bad as long you can patiently wait for it to yield profit well. And when buying the cryptocurrencies please diversify, more money should be pumped in the altcoins. You will gain more and faster but pick good ones. maybe 30-40% bitcoin then 60-70% altcoins.

The way of crypto investment is good for current scenario so we can invest both Bitcoin and altcoin. We must plan the investment period of time, because mid term investment, long term investment and day trading is majority of the investors are follow these criteria so we must plan the schedule and follow the crypto investment.

[UserU]

It is worth it to invest in Cryptocurrency?

Why not? Investing in crypto means expanding your portfolio.

[CoinFoxs]

There are always risks in big investments but the profits can be massive sometimes. $15000 is a big amount and you should consider some of the facts like price of BTC has never been stable sometimes you have to wait for months or even years to get back your money. I would suggest to invest in bitcoins but then sell them when there will be chances of getting profits, for instance if you buy BTC for $10k then sell it when price is $12k then again invest in bitcoins when price is around $9k or $8k and sell again when it will reach over ten thousand Dollars. This is the smart way of investment don't wait for too long as people did in 2018 but the price of BTC stunted many investors as it was $4k or even less.

[stiffbud]

It is worth it to invest in Cryptocurrency?

Why not? Investing in crypto means expanding your portfolio.

There is always a time to invest in cryptocurrencies, you shouldn't invest without thinking thoroughly as if the market shifts then you can loose a lot.
Current market condition seems good to invest if it doesn't dump more, the price is predicted to rise in the near future and as the economy will start to flourish again then I am sure that we can see a new all time high because of more investors coming in bitcoin and cryptocurrencies in general. Last time in 2017 the price topped at $20k, this time I would like to see a new all time high.

[UserU]

There is always a time to invest in cryptocurrencies, you shouldn't invest without thinking thoroughly as if the market shifts then you can loose a lot.
Current market condition seems good to invest if it doesn't dump more, the price is predicted to rise in the near future and as the economy will start to flourish again then I am sure that we can see a new all time high because of more investors coming in bitcoin and cryptocurrencies in general. Last time in 2017 the price topped at $20k, this time I would like to see a new all time high.

Well, I thought it was a bad time when the price jumped from 7K to 7.5K and look at where the price is now

A slight tinge of regret.