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Author Topic: Need more more to invest on crypto.  (Read 1449 times)
Rana590
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March 19, 2022, 07:35:26 PM
 #61

Price drops on Bitcoin doesn't mean to invest on Bitcoin only. It's a great opportunity to invest on altcoins also. I think investment on altcoins is very profitable if you are able to find out potential project. My suggestion will be investment on both bitcoin and altcoins.
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March 21, 2022, 03:01:19 PM
 #62

The most important thing when we invest cryptocurrencies is to always use leftover money or we are already in a safe zone, this will make us calm and not panic when prices drop so I never recommend selling assets to invest in crypto, as long as we are not financially disturbed then we can focus on the goal that is big profit.
agree with you, selling personal assets that are really needed just for investing in crypto is not really recommended...

but that doesn't mean you shouldn't do it, if you are really ready with all the risks that occur then you can just take the risk of selling personal assets to invest in crypto because I have a friend who sells his private car just to buy bitcoin when the price is high was at $10k, then he sold the bitcoins he bought at a price of $55k/BTC. this was a huge profit he got from selling his personal car for bitcoin investment at that time.



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March 21, 2022, 03:26:41 PM
 #63

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
Bitcoin price is currently around $41.8k if you buy it at a price of $35k (when you create this topic) then you have made a profit of $7k.  i highly recommend that you always provide spare money, so when the market is bearish (bitcoin prices fall) you can buy more.  everyone doesn't want the price of Bitcoin to go down so buying at a low price is the best thing to do.
It is a very right decision if the OP dared to buy bitcoin during the bearish phase yesterday, because I think right now he is certainly enjoying the benefits and that certainly makes some people jealous, because as we know not everyone has the courage to make the decision to enter the market when the price drops, many of us even experience panic and even sell bitcoin at a low price to minimize losses in bearish fase.

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March 22, 2022, 09:10:54 PM
 #64

Price drops on Bitcoin doesn't mean to invest on Bitcoin only. It's a great opportunity to invest on altcoins also. I think investment on altcoins is very profitable if you are able to find out potential project. My suggestion will be investment on both bitcoin and altcoins.
It is true that profits can be obtained when investing in altcoins, however the real question is if you can pull something like this on your own? After all there are thousands of altcoins in the market and only a few have a good performance, can you select the right coin when the odds are stacked against you? If you can then without a doubt investing in altcoins may seem like a  good idea, but if you are like the majority of the investors in this market and this is something beyond your abilities then you need to avoid altcoins as much as possible.
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March 22, 2022, 11:08:37 PM
 #65

The most important thing when we invest cryptocurrencies is to always use leftover money or we are already in a safe zone, this will make us calm and not panic when prices drop so I never recommend selling assets to invest in crypto, as long as we are not financially disturbed then we can focus on the goal that is big profit.
agree with you, selling personal assets that are really needed just for investing in crypto is not really recommended...
Of course, it is not recommended to sell your other assets and then spend the cash flow to crypto, wise investors will not do that.

but that doesn't mean you shouldn't do it, if you are really ready with all the risks that occur then you can just take the risk of selling personal assets to invest in crypto because I have a friend who sells his private car just to buy bitcoin when the price is high was at $10k, then he sold the bitcoins he bought at a price of $55k/BTC. this was a huge profit he got from selling his personal car for bitcoin investment at that time.
For me you can only sell assets if that asset is non-performing, but it if a good asset like property or precious metal, not good to sell. There could be money that will flow to crypto that we really know it existed, when bitcoin reaches all time high last November, you can see the whole crypto market shoots up to trillions, so I'm sure in the next bull run it can multiple and grow even higher.

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March 25, 2022, 08:42:53 AM
 #66

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
don't be stupid enough mate , you are planning and seeking for this opportunity but did not manage to keep funds to be ready in time this happened?
you sounds like a foolish investors that wanted to invest but there is no money to invest lol.
next time that you are planning in any direction of investing then best to have funds and be ready as chances only knocks once each year.

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March 25, 2022, 02:56:10 PM
 #67

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
The price is cheap but somehow, it wasn't a perfect time for you then since you don't have the money specifically for investing Bitcoin.  But I think you have to consider this...

Have to be aware of what kind of investment you want to try. Understandable that crypto investment is high risk and putting huge money is not advisable unless you are filthy rich that losing doesn't wary you or you already have backup resources. I guess you need to prioritize growing your money first and enjoyed it. If you have done and saved some money, that was the time to go.

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March 25, 2022, 06:26:43 PM
 #68

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.

Good motivation though. Yes bitcoin price is less now and you can invest as much as you can and buy more. But how you are going to earn the money. You can take time to gather money and invest but never hurry yourself in borrowing and investing on bitcoin. Just invest if you have a sum of money after you spent for your needs and invest that little. Do not hurry and yes as market is volatile, you can buy in future when you have enough money.

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March 25, 2022, 07:55:17 PM
 #69

People thing to inverse huge for the amount to get huge from it.But the important one was very simple,you need to inverse at the low price,Every year,four times their will be the dump market.When the dump market happened,it’s essential one to build up of capital for the investment.The future is considered and try to hold for the longer period.Split money on various to get huge investment.

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March 25, 2022, 09:52:32 PM
 #70

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.

Good motivation though. Yes bitcoin price is less now and you can invest as much as you can and buy more. But how you are going to earn the money. You can take time to gather money and invest but never hurry yourself in borrowing and investing on bitcoin. Just invest if you have a sum of money after you spent for your needs and invest that little. Do not hurry and yes as market is volatile, you can buy in future when you have enough money.

People should not be in hurry upon buying volatile things like crypto as their are consequences of thing you didn't think of it. Much better if you read the chart first before you decide to buy since you didn't know that you will suffer from major lost if the time you bought yours is at ATH price and for sure we don't want to be a bag holder. Crypto is waiting or game of timing so we better need to wait for perfect time and then buy when price is at the dip since this is the most ideal thing to deal with it.

R


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March 25, 2022, 10:40:13 PM
 #71

People thing to inverse huge for the amount to get huge from it.But the important one was very simple,you need to inverse at the low price,Every year,four times their will be the dump market.When the dump market happened,it’s essential one to build up of capital for the investment.The future is considered and try to hold for the longer period.Split money on various to get huge investment.
We can always buy at a small money, we should not force ourselves to have Bitcoin at a huge starting capital because if we wait for that long, we might already lose the opportunity. Just like what happen if OP didn’t buy when the time he posted this, during that time the price was still cheap but right now, its over $44k now and this is the importance at buying during the bear market because it will always rise. Take the small steps now before its too late.

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March 26, 2022, 11:05:21 AM
 #72

but that doesn't mean you shouldn't do it, if you are really ready with all the risks that occur then you can just take the risk of selling personal assets to invest in crypto because I have a friend who sells his private car just to buy bitcoin when the price is high was at $10k, then he sold the bitcoins he bought at a price of $55k/BTC. this was a huge profit he got from selling his personal car for bitcoin investment at that time.
For me you can only sell assets if that asset is non-performing, but it if a good asset like property or precious metal, not good to sell. There could be money that will flow to crypto that we really know it existed, when bitcoin reaches all time high last November, you can see the whole crypto market shoots up to trillions, so I'm sure in the next bull run it can multiple and grow even higher.
I kind of did this Smiley I mean I would not suggest it to other people neither, but selling "liability" and buying assets with it is not a bad idea. I did not sell too much, just a few personally stuff, like console and all, and put that into crypto. It wasn't a big deal for me, and I made some profit from it, I am quite glad about my decision.

But, it could have gone wrong as well, I might have lost money. Plus, selling another good income maker asset (like a house that you are earning rent income) and putting that money into crypto would be wrong, I only look at the liabilities in my life and try to put that into crypto because it would be profitable instead of hurting my economy.

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March 26, 2022, 08:22:13 PM
 #73

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
don't be stupid enough mate , you are planning and seeking for this opportunity but did not manage to keep funds to be ready in time this happened?
you sounds like a foolish investors that wanted to invest but there is no money to invest lol.
next time that you are planning in any direction of investing then best to have funds and be ready as chances only knocks once each year.
People dream of becoming traders and investors but they seem to fail to realize that the first step they need to take is to save all the money they possibly can, after all what is the point of having a profound knowledge about the markets if you do not have the money to take advantage of that knowledge? And obviously the reverse is true as well, there are many people with a significant amount of capital at their disposal but that do not know anything about the markets and lose it relatively quickly, as they keep making mistakes due to their ignorance.
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March 26, 2022, 11:32:43 PM
 #74

Just start investing only the money that you have. I certainly see your courage to invest but never put an excuse because you don't have money, I think you can find a way to do it. But I suggest not rushing, let's say you are late and missed the opportunity to buy Bitcoin at $35k, however, we have to remember that corrections may come again, you could wait for it if you want. Or, you invest in altcoins, they are also profitable like Bitcoin.

Please remember these things,
 * invest only the money that you can afford to lose
 * don't fall into an easy-money scheme
 * focus on the top coins, not in new projects



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March 27, 2022, 12:02:42 PM
 #75

Maybe this is what we all have been waiting for,

Quote
Do Kwon, founder of Terraform Labs and Ethereum layer 1 blockchain competitor Terra, appears to be planning to accumulate US$10 billion worth of Bitcoin (BTC) to add to the project’s stablecoin reserves.

If this eventuates as planned, there’s crypto-industry speculation this could be a significant bullrun catalyst.

At the current Bitcoin spot price, US$10 billion represents a purchase of more than 232,975 BTC. For comparison, MicroStrategy, one of the biggest Bitcoin whales in the space, holds a bit over 125,000 BTC. That said, Terra’s BTC purchasing will likely be happening gradually.

https://stockhead.com.au/cryptocurrency/terra-founder-plans-to-obtain-us10-billion-bitcoin-for-ust-reserves-market-excitement-ensues/

So that's billion of dollars for Bitcoin in the next two months. So we might see some changes in the price. Actually the price have stayed above $40k and even touch $45k for a short moment, before it stabilized around $44k++ now.

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March 27, 2022, 01:53:01 PM
 #76

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
Yes, bitcoin is still good investment and even until now still good time to buy because it's cheap and it's not yet reach the all time high. If you are looking for money to take advantage this cheap price of bitcoin then you should participate in bounty campaigns except signature, but if you have social media accounts such as twitter, facebook, instagram, telegram then you can join it's good to earn extra money with these campaigns..

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March 27, 2022, 02:36:05 PM
 #77

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
Good motivation though. Yes bitcoin price is less now and you can invest as much as you can and buy more. But how you are going to earn the money. You can take time to gather money and invest but never hurry yourself in borrowing and investing on bitcoin. Just invest if you have a sum of money after you spent for your needs and invest that little. Do not hurry and yes as market is volatile, you can buy in future when you have enough money.
No, bitcoin price isn't cheaper now. I checked it and it is 44.6 thousand dollars. The price was cheap by the time OP posted but for now he might need to wait if there are still some corrections left (which I think there will be). For us to be sure that the price is now heading on the upward direction, we need to wait for the month of April. It's a good time for now to accumulate money because the market is still confusing.

Borrowing only to invest is not advisable because investing is risky and if you lose the borrowed money, you will have a hard time to pay it, worst thing that can happen is you will borrow money again from other sources until they stack.

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March 27, 2022, 09:09:30 PM
 #78

Just start investing only the money that you have. I certainly see your courage to invest but never put an excuse because you don't have money, I think you can find a way to do it. But I suggest not rushing, let's say you are late and missed the opportunity to buy Bitcoin at $35k, however, we have to remember that corrections may come again, you could wait for it if you want. Or, you invest in altcoins, they are also profitable like Bitcoin.

Please remember these things,
 * invest only the money that you can afford to lose
 * don't fall into an easy-money scheme
 * focus on the top coins, not in new projects
Bitcoin is the only coin that he wants to invest. I bet he already knows that coins next to bitcoin are riskier but the first and second item in your list can matter to him. He wants more money to invest in btc.

I think he already have a money but it was small and he might think of using this money first to money doublers and other money making schemes. If he want more money to put in btc, that only shows that he is not investing what he can afford to lose. That is a bad initiative when it comes to investing and investing in btc has no exception to that rule. Btc can be safer than other cryptos but btc can fall sometimes and becomes very volatile. This together with the negative news can affect the decision of a btc investor.

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March 27, 2022, 09:15:22 PM
 #79

Just start investing only the money that you have. I certainly see your courage to invest but never put an excuse because you don't have money, I think you can find a way to do it. But I suggest not rushing, let's say you are late and missed the opportunity to buy Bitcoin at $35k, however, we have to remember that corrections may come again, you could wait for it if you want. Or, you invest in altcoins, they are also profitable like Bitcoin.

Please remember these things,
 * invest only the money that you can afford to lose
 * don't fall into an easy-money scheme
 * focus on the top coins, not in new projects
Bitcoin is the only coin that he wants to invest. I bet he already knows that coins next to bitcoin are riskier but the first and second item in your list can matter to him. He wants more money to invest in btc.

I think he already have a money but it was small and he might think of using this money first to money doublers and other money making schemes. If he want more money to put in btc, that only shows that he is not investing what he can afford to lose. That is a bad initiative when it comes to investing and investing in btc has no exception to that rule. Btc can be safer than other cryptos but btc can fall sometimes and becomes very volatile. This together with the negative news can affect the decision of a btc investor.

If I may suggest, he should not put his money to btc only if it comes from his hard-earned savings.
As much as possible, diversify his portfolio not only in crypto, but he should at least have tangible assets like jewelry or real-estate, if possible.
Because if the crypto market gets worse, at least he has other assets to back up his financials.
But if it is only crypto, would be hard for him to recover if things go sideways in this market.
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March 28, 2022, 02:08:08 AM
 #80

^^ But this is only applicable if you have a deep pockets. But for the majority of us average Joe, it's only crypto that we have invested, maybe in the last 4-5 years and it really good to see because it's paying higher dividends. If and only if you have hold then for that long. But I will totally understood average Joe investors who sold because they need money. I agree with diversification though, if you can then do it. But if you stick with crypto, you better learn how to mitigate risk as well, specially in a bear market.
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