Post
Topic
Board Bitcoin Discussion
Re: Is it worth to pay $8200 for 1 BTC if you are a newbie?
by
newBIeT
on 24/03/2018, 21:49:55 UTC
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?

Nobody will be able to give a defenitive answer to this question... Some people will tell you they think BTC will reach $10k before the end of the year, others will tell you they have credible calculations to support their theory it'll fall to $5k in a couple of weeks.

Personally, i'd suggest you have a look at the speculation subforum, and read up on bitcoin. If you personally believe it will rise, you can invest a little bit of your money. But never invest more than you're confortable losing. At any rate, bitcoin is a high risk/high reward investment.

Btw: you do know you don't have to buy 1 BTC at a time, right? Bitcoin has 8 decimals, the smallest amount you can theoretically buy is 0.00000001 BTC

I strongly agree, if i may just add, if you're a newbie maybe you should first analyze trends on rise and fall of the value. or try first to read articles that you could use to support your decision making.