I recently purchased bitcoin, it was the most I have ever put into a cryptocurrency.
This is going to be a long term buy, This was taken out of stock money,
Now that I have done this I feel more excited about
where bitcoin is headed than I do about stocks. Now I feel like I should take more out of
Stocks, Feel theres going to be more return this way. Thoughts on this am I getting carried away
How much should I buy? Simple answer would be as much as your capasity to loose. It is very good to hold a chank of Cryptocurrency in your investment and if you are looking out for long term buy(as you mentioned) it is very great investment. You can even keep diversifying the crypto investment in other alts as well in the long term investment.
As per my analysis the BTC market can go a bit down from current situation, I am thus on hold at stable coin and enter in few days. excepting a spike in price by second quarter of 2020.
Disclaimer: this is my study of market. Please read the market and then step. Do not let your emotion ride over the analysis. All the best.
You can actually buy how many bitcoin do you want as long as you are able to manage that big amount if you do that. Because at a time like this, bitcoin is not that good like what happened last 2017 wherein it reaches its highest value when it started reaching $20k and it is the golden time for everyone else using bitcoin because any projects that are coming are going successful because there are lots of investors that time. As long as you can manage every bitcoin you have there is no problem with it. If spike in value happened it is good for you to buy right now so that your money will be doubled up.