MCobian
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June 12, 2020, 10:05:41 AM |
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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.
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The cure
Jr. Member
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Activity: 448
Merit: 4
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June 12, 2020, 10:48:00 PM |
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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.
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Triffin
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June 13, 2020, 07:46:12 PM |
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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
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Mahanton
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June 13, 2020, 08:41:20 PM |
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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.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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XCANA
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June 13, 2020, 08:53:32 PM |
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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.
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hahay
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June 13, 2020, 10:42:53 PM |
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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.
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rathaha10
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io.ezystayz.com
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June 13, 2020, 11:41:19 PM |
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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
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pragna
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June 14, 2020, 01:06:46 PM |
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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.
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Nellayar
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Roobet supporter and player!
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June 14, 2020, 01:14:08 PM |
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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.
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m.nauman169
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June 14, 2020, 03:20:14 PM |
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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.
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irfan_pak10
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👉 Pixelswap - DEX on TON
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June 14, 2020, 03:28:04 PM |
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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.
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gamer4156
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June 14, 2020, 05:37:35 PM |
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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
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raidarksword
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June 15, 2020, 07:52:07 AM |
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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.
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Lorence.xD
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June 15, 2020, 08:10:54 AM |
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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.
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LbtalkL
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June 16, 2020, 06:18:55 PM |
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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.
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mandor
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June 17, 2020, 12:55:12 AM |
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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.
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Shasha80
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June 17, 2020, 01:17:32 AM |
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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.
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cosmofly
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PrimeDAO - An Adoption Engine for Open Finance
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June 17, 2020, 04:43:59 AM |
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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.
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Negotiation
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June 17, 2020, 04:44:15 AM |
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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.
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Swordsoffreedom
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June 17, 2020, 06:16:03 PM |
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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.
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