When is it too late to buy bitcoin?

When is it too late to buy bitcoin?
How much do I need to invest?

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Always invest $0.

>can't buy goods with it offline

>not tied to anything real in terms of value

>price fluctuates too wildly to be accepted as real currency.

You're as bitter as me that you didn't jump on the bitcoin train sooner

>mfw when i tripled my initial investment in 1 month and now have enough for a down payment on a house

stay poor

Wish I'd tossed 20 bucks at it for a giggle in the early days
Ah well

use dollar cost averaging. put in a few hundred every week or few days. also look into other cryptos not just bitcoin.

wait 6 months, profit.

also - i bought in at 15k, its down to 13k now. if youre looking to buy i suggest you do so, its on sale ;D

You can't even buy a McDonald's burger with a million bitcoin.

Think about that.

You have to shove them onto someone else to get them to buy them.

This ... look at the Alt coins ... I got into Monero + AEON back in July.

I am currently looking at EOS if anyone fancies a flutter.

Don't put in more than you can afford to lose though.

Well one bitcoin is worth about $20,000 so I'm going to say it's to late for most people.

LOL you should really look into something before you post. I convert my profits back to CAD$ and send it to my bank, directly from the exchange im on.

I am not looking to use it as actual currency, its still not there technologically. Perhaps in the future it will be adopted as a payment method, but for now its basically an asset.

$13690 atm

People who did buy at 20k will probably be OK if they hold their nerve....

bitcoin is outdated newfags should get alts

What exchange are you using? I'm an utter newfaggot to cryptocurrency.

im canadian so i have to use a canadian exchange.

for alt-coins i use binance and transfer profits from there to my main exchange. do some research on it,
i spent 2 weeks researching before i put any money in.

Ya Goy...don't buy crypto, it will never set you free

Meanwhile...pic related was my fund end of 2017.

it costs 15-20$ to transfer bitcoin currently

so if you buy thats 20$ loss, move to anotjers person wallet, 20$ lost, move into an exchange like localbitcoins, 20$+ deposit fee of 20$

Buy XLM

Well if the economy collapses the bank can take my money that I have saved, that's why I thought bitcoin would be a good idea.

This .. research is the key - there are soo many shitcoins and alot to learn if you know nothing about the crypto world.

Read about wallets, cold storage/paper wallet, blockchain etc etc

Read up on the coins you plan to buy, new coins will be announced on bitcointalk.org/index.php?board=159.0 -

does it have a whitepaper? Read it.

Is it a plain coin - BTC, XMR, AEON, or a token on ETH (ethplorer.io/top) that has some other purpose. Is it a good idea? Could it work?

Don't listen to people saying buy this or that - alot of coins especially new ones run bounty programs so people just spam it everywhere.

Alsoo BCN + DOGE are shitcoins that are good for nothing but pump and dump ...

Ya, I would move away from bitcoin at this point and invest in the next gen technology, like ETH, Smart Contracts are the next step.

Before investing: make sure you read about the crypto you want to invest in. If you dont understand the tech, read up on it. Check for pump and dump rumors. Read up on the team creating the crypto.

true about the trash coins. Iota is another shitcoin

Now is a good time because the price is low and the value is stable. Next top price will be 20 000€ and you should sell just before it.

you don't have to buy a whole bitcoin if that's what you're implying

>not thinking about ether
Lol

Don't buy google buy Ethereum. Already increased my investment 20% in a week, and it's still mooning.

Okay so let's say this: I'm fucking lazy. If I inveest in bitcoin and don't touch that wallet for let's say, 10 years (apart from putting in some money from time to time) will that be a stupid move?
I mean I'm not an expert in this field and I don't have much time on my hands.

>Economy collapses
>Bitcoin rises
>Be Bitcoin millionaire
>Try to buy commodities, walmart doesnt take bitcoin
>Doesn't matter, economy tanked theres no new supply, nobodys working salary couldn't be paid
>Sell Bitcoin over Coinbase hope you are lucky, whos gonna buy?
>YASSSS Be lucky and sell.

Congratulation your million is now worth a loaf of bread

If you really prepare for a total collapse of global economy Bitcoin, Gold or whatever is useless. Because the economy collapsed, didn't it?
Stockpile soap, perfum, toothbrushes, medicine and other items of daily need is were the shekels are. Because after every major collapse this stuff is the new currency. Look at Trading after wars
if this is what you prepare for you got the wrong strategy. But im not against speculation, im on the fence myself.

>How much do I need to invest?
invest everything bro, you can't fail with slitcoins


just borrow money and buy that shit, take a loan on your house

It's already too late. If you want to have another shot at 10,000% returns, you have to invest in the smaller cryptos and wait for them to get caught up in the Bitcoin wave. Buy what you're willing to spend in BTC, then use it to buy into every single shitcoin /biz/ shills. 99% of them will be pump and dump garbage, but all it takes is one to blow up. I spend a few thousand on Monero when /biz/ was shilling it and I made wayyyy more in one year than with Bitcoin.

If you were a real billionaire, you'd be using Bitrift instead of pleb Blockfolio.

It was too late to invest 2-3 years ago. This is how all these things go, if you didn't get in on the ground floor or within the first year or so of cheap investing, it's too risky to get in later when shit goes mainstream and all the normies start dumping their retirement money or college funds into it.

No I'm more focusing on the fact that the Swedish bank will take ALL OF my money to save themselves if our economy collapses. I mean if I still have bitcoin I could sell them to Japan/USA right?

Bitcoin is dead, buy Tron or Ripple

DYOR fag, or ask /biz/ which may give you some advice, but probably will tell you to DYOR or shill some shitcoin, fuck BTC

Head over to /biz/

See into investing into the other types of Cryptocurrency. /biz/ is filled with cocaine laced anons going apeshit over cryptocurrency. Check in over there.

There’s some copypasta of a an user who lived in a socialist shithole after the economy collapsed. He said that
>bullets, medicine, toilet paper, canned foods, toothpaste, guns, lighters, surprisingly gold
All held their value but that everything else went to shit. Someone here probably has the screenshot.

It will probably be replaced by a better coin as exchanging bitcoin costs more than exchanging other coins.

Go for Ethereum as a more solid investment if you really want to get into cryptocurrency. ETH is projected to be the next bitcoin, it's already the second most valuable coin and has increased in worth 150x it's initial cost since set up with it rising hundreds every week now.

howd u do that i just lost half my porfolio in the past 3 ays

Sure bro, sure.
I know you hate me cause I am retired at 34

Daily reminder that you're all playing with fire if you put your money into this shit. It's your money and your choice. I simply feel a duty to warn you about what I see.

I take very little risk and don't look to go over 2-5% daily target. My rise was not glorious or without pitfalls and loses. I could have made more but I could have lost it all

lets play spot the jew

What backs your real shitcoin dollar?

you should ask /biz/

Put $500 into a lucky sub cent shitcoin and when it goes 100x in value then come thank me

Buy the god triforce user. Alts are dipping right now, and pic related has pumped my portfolio by $50k in the last month. Expecting to be a millionaire by the end of the year.

If your scenario is just the collapse of the swedisch economy, you are right the banks cant take it if its in a cryptocoin wallet.
All you need is a foreign Bankaccount where your money can be deposited. But it depends on the rest of thw World economiy we arent isolated anymore. IF sweden hits the ground so hard its a high chances other countries got at least a struggle. Under this circumstances you have to be fast at selling. Because the price will rise shortly because its seen as save haven but its an environment of uncertainty so people gonna sell fast after the price just drops a lttle. If the value drops under such circumcstances investors panik and try to sell as fast as possible which can lower the value in a few days to almost zero. Its a currency, Money lifes of trust. But im speculating here myself, so listen to your guts. Just be ready to sell fast and better buy ETH, transaction time is MUCH faster. Bitcoin needs sometimes hours till your sell offer can be procesed the more transactions ar in queue the longer it needs. If you are unlucky it may be even days. in the mean time the value can tank. Because you get the worth of bitcoin when it gets selled on the market and not the worth it has when you press sell in your browser

Btw, counterclockwise these are LINK, QSP, and REQ, respectively. I’m also not a pajeet, here’s my geo to prove it.

Just get in you retarded cuck.

You will allow some whale to get his money out.

yup, you cant just replace one currency trough another in crisis. The Problem is the same, no trust in its value. You dont know what is wort tommorow. But you know for sure you have to shit next the day, you cant clean your asshole with gold

Jewish lies

Gold was a bad example. if you adjust the value of gold to inflation its worth was the last hundred years pretty staple. So its trusted but i would still not depend to much on it. I personally would trade my stuff against other commodies if i need food today i need food even 1kg is worthless if you starve.