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I want to invest 1000€ in Bitcoins.

  • Thread starter Thread starter Naz Noshin
  • Start date Start date
Investing in bitcoin is good but you have to invest in it with funds that you know will not put a hole in your pockets especially if you're new to cryptocurrency investments.
 
Naz Noshin said:
Bitcoin is most valuable cryptocurrency. And I am thinking of to invest 1000€ in Bitcoins but my some colleagues stopped me to do so because they say bitcoin price ll decrease again. So I should wait. But I am confused. I want to ask all of you who have good experience related to bitcoin investment.
Give me your suggestions...!!
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Bitcoin is the best most valued crypto currency in the world right now and i will advise you to invest it in a very lucrative investment for now and make sure you ate monitoring the growth, I beleieve bitcoin is doing well for now.
 
Bitcoin is very silent for time being and I reckon this is the best time to invest even more than 1000 EUR if you can afford to lose it. The surge in bitcoin price may happen soon.
 
Setfragil said:
Investing in bitcoin is good but you have to invest in it with funds that you know will not put a hole in your pockets especially if you're new to cryptocurrency investments.
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Its not advisable to invest in BTC with what we can't afford to risk and suffer from it long time on earth. That's why experts advised to spend what you can afford to lose.
 
Simply go and look very well at the bitcoin chart and see how the trends for the coin has been in the past weeks running to months. Analyse it properly before deciding for yourself
 
Yes
That's a great
Because it seems like the price is consistently rising
It is a good idea to Invest
 
Yeah is better that you didn't invest at that time but now that the price is low you can invest and wait for the price to go up because i believed it will definitely go up before this year end.
 
Aaron625 said:
Bitcoin is very silent for time being and I reckon this is the best time to invest even more than 1000 EUR if you can afford to lose it. The surge in bitcoin price may happen soon.
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Investing much in bitcoin right now is not a smart move considering the current bearish run that bitcoin has been battling with in the past months which does not show any sign of stability.
 
If you actually invested 1000 Euro in December 2020, you must have made a huge loss because the price of bitcoin in December 2020 was $40,000 and now it is $2900.
 
I think this is definitely the right time to invest in Bitcoin especially now that the price has gone down, especially for long term.
 
Setfragil said:
Investing much in bitcoin right now is not a smart move considering the current bearish run that bitcoin has been battling with in the past months which does not show any sign of stability.
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Yeah but many predictors are confident about bitcoin reaching more than $100k , so its not a bad idea though to invest small amount in bitcoin. But there can be more drop in price soon.
 
You must have a made huge loss by this time if you had actually invested in bitcon in December last year. But you can continue holding until market improves.
 
Aaron625 said:
Yeah but many predictors are confident about bitcoin reaching more than $100k , so its not a bad idea though to invest small amount in bitcoin. But there can be more drop in price soon.
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Yes I understood you very well but my point was that, we need to be careful in investing a lot of money on bitcoins right now considering the current dip in the market price of all cryptocurrencies.
 
Setfragil said:
Yes I understood you very well but my point was that, we need to be careful in investing a lot of money on bitcoins right now considering the current dip in the market price of all cryptocurrencies.
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Yeah thats true as well. But we should not care much about the dip of any coin , because even Elon Musk is holding crypto which means the coin would rise for sure in the coming days. More the dip , higher is the profit we can get by buying at low and selling at high.
 
Aaron625 said:
Yeah thats true as well. But we should not care much about the dip of any coin , because even Elon Musk is holding crypto which means the coin would rise for sure in the coming days. More the dip , higher is the profit we can get by buying at low and selling at high.
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People no longer trust Elon Musk decision on any cryptocurrency investment lately, the reasons why all his recent tweets never lifted bitcoins and dogecoin from their current bearish run.
 
At present Bitcoin price has been down and I think it hit rock bottom with the $29k 2 days ago. Today it is now $32k which looks to be an upward trend. Maybe it is a good time to invest in Bitcoin. However, don't expect to gain a big profit after one month. You program your investment for 1 year.
 
This is definitely the perfect time for you to do the investment because now the price of Bitcoin is a bit down and if that is an increase, you will gain.
 
On this one thousand euros you want to use to invest into the Bitcoin you planned investing into, I hope those are not all your savings you're putting into this investment? Because it won't be wise if it is
 
Before you make that investment make sure you do your own proper research because €1000 is not a little money and if you lose it that's bad.
 
Setfragil said:
People no longer trust Elon Musk decision on any cryptocurrency investment lately, the reasons why all his recent tweets never lifted bitcoins and dogecoin from their current bearish run.
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Yeah there is no rise in bitcoin or any other crypto price recently though Elon Musk confirmed he owns some cryptocurrency. People have started feeling bitcoin will drop hugely in the coming days.
 
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