How much is ideal for a beginner to invest in bitcoin?

[Muhammad javed]

For getting something bigger and greater you should take risks but the risk should not be like that it destroy you and you never come again you insist smarter in Bitcoin

Post automatically merged: Jan 23, 2021

For getting something bigger and greater you should take risks but the risk should not be like that it destroy you and you never come again you insist smarter in Bitcoin

 

[EMMANUEL]

While bitcoin made news in May by cresting to $8,000 for the first time in a year, bitcoin (trading symbol BTC or XBT) can be bought and sold for fractional shares, so your initial investment could be as low as, say, $25.

 

[Me0w]

for a beginner you must have to invest your starting money to experiment what is the possibility might outcome. being a beginner you must have to experiment first so that when you invest a big money you have a experience to handle you bitcoin. goodluck to your investment

 

[Iamsodex]

Personally I think as a newbie in the crypto market you wouldn't want to loose your funds especially if you don't have enough funds but want to profit from the market, I can suggest you start with a minimum of $100 because the more your capital, the more you gain, but you can definitely start with a higher amount that you can afford.

 

[Asad Ali]

Experience with crypto is very important for investing in Bitcoin as it is very important to understand.If you stick to it, you lose.Take a look at some time crypto, check its fluctuations, look around, listen to crypto news Watch the investors and understand their signals so that you can easily trade and make a profit and avoid losses.

 

[Tiwa]

A beginner should only start with the aim of investing to hold for a while .Thereby getting the feel of how cryptocurrency works.As for how much,I would say as much as you can let go at least for along time without needing access to it.
By that you wouldn't start panicking at the sight of a downward slope in the price if any coin you buy .

Post automatically merged: Jan 23, 2021

A beginner should only start with the aim of investing to hold for a while .Thereby getting the feel of how cryptocurrency works.As for how much,I would say as much as you can let go at least for along time without needing access to it.
By that you wouldn't start panicking at the sight of a downward slope in the price if any coin you buy .

 

[tuna89]

You can always invest a substantial amount into btc but before that do make sure to understand how crypto functions as regards the factors that cause a rise and fall in their respective values, also make sure to invest when prices are at a low, whenever prices drop, you need not panic, hold for the crypto to bounce back.

 

[Chumzy]

As a beginner in crypto investment or one who took a break and wants to invest. I don't think there is any perfect figure that one should put into cryto. But for me and how I learnt about crypto, I think 5% of your networth is a good start.

 

[LaylaG]

No amount of money is too much for a beginner to invest in bitcoins because bitcoins and other cryptocurrency investment is something that if someone really determined to do it should invest as much as he or she can if you want to invest for a long-term investment because there is higher possibility of the money you invest many years ago to have over 500 per-cent return on investment in the next 5 years, it depends on your financial capability you can invest as much as you can.

 

[Nimra Noor]

Bitcoin has been in existence for a long time now but there are some folks who are yet to be exposed to it.

For someone who is new to the world of cryptocurrencies specifically bitcoin, how much would you consider to be right amount for such individual to invest?

Yes as well as the first experience of a person on any work she/he should have to invest less money when he/she become faimilar with how to invest on crypto currency how can we less our chances of loss then he /she can invest more

 

[Nicklas22]

There’s not a minimum amount you should invest in Bitcoin to get started. The minimum amount is the one set by the platform on which you’ll buy your first piece of Bitcoin. For example, Coinbase allows its users to buy Bitcoin from $2.

On the other hand, I do not recommend investing such a small amount of money because exchange platforms charge fees for buying, selling and transferring cryptocurrencies. These fees will kill your investment quickly if it is not significant enough.

 

[Yewande]

I'll advice you invest as much as you can. The bigger your investment in Bitcoin, the more profit you'll get. This is my opinion any. Imagine you have 1 Bitcoin, you'll be making huge profit this period of you know your Onion.

 

[Lloyd]

Investing in cryptocurrency is quite risky unless you have knowledge in it. Don’t gamble for something that your not familiar because most of the time you will loss. So there is no right amount for your first investment in crypto just invest what you can afford to loose.

 

[Iamt_tommy]

Well I would have loved to suggest an amount but pocket ain't the same and we ain't all financially buoyant like that, so what I would suggest for a beginner in bitcoin investment is to invest with the amount he /she has or can start with with $100 worth bitcoin because the more the price you put into it the more you gain....

 

[Ehtisham memon]

I think if you have a begginer in the bitcoin currency site you should invest little amount and seen how to enhanced your investing money or your coin so if you have successfully in this site then you should more invest and making more money but firstly you should know fully about the bitcoin trading marketing and how to running this market

 

[Heatman]

There’s not a minimum amount you should invest in Bitcoin to get started. The minimum amount is the one set by the platform on which you’ll buy your first piece of Bitcoin. For example, Coinbase allows its users to buy Bitcoin from $2.

On the other hand, I do not recommend investing such a small amount of money because exchange platforms charge fees for buying, selling and transferring cryptocurrencies. These fees will kill your investment quickly if it is not significant enough.

From the information available to me, some countries have no access to using Coinbase and this is a major setback for likely investors who are from countries where they are not allowed to use the wallet. But let's say they are allowed to use Coinbase, since $2 is too small, how much would you recommend?

 

[Kelly5]

Bitcoin has been in existence for a long time now but there are some folks who are yet to be exposed to it.

For someone who is new to the world of cryptocurrencies specifically bitcoin, how much would you consider to be right amount for such individual to invest?

There is no ideal amount to invest in in Bitcoin or any cryptocurrency. The truth is, if you want to invest in Bitcoin or any other cryptocurrencies, you should be prepared to hodl for a while before you'll see some profits.

 

[Janita]

Yes there is no fixed amount of bitcoin that is needed to begin investing in this.
But in this trade work you should be known that it arises and fall some times .this is the part of this field and you must have the will power to bear the loss of profit and payment.
Many beginner's invest whole payment what should not be happen so kindly do invest half of your money in Bitcoin and get the result.

 

[hani20980]

If you are a beginner i think it's better for you to learn about bitcoin and cryptocurrencies before you
decide to invest however i think 50$ to 100$ will be a good amount to start trading bitcoin

 

[Me0w]

before you invest your money to bitcoin you must know the process of it in short you must have experience or background of onvesting money to it so that you can estimate the investment that will you invest in bitcoin as a beginner.