investing 20k$ on bitcoin

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hello friends. i am adsense publisher i have 20k$ and i really need to dive into cryptocurrency world i need some advice for investing such amount of money on btc what u think? should i buy now and wait for some months in hope for btc to rise up and then sell it out or what should i do ?
 
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My advice is to invest only a part of the money in BTC and the rest available balance invest it into other cryptocurrencies. You need to stay and exchange and change and back and forth to actually earn something. Like a broker ... and you will have a win-win. If you want to invest and leave it there and after a while exchange and have some $$$ then Crypto isn't really for you.

My opinion.
 
Altayeb Hoota said:
hello friends. i am adsense publisher i have 20k$ and i really need to dive into cryptocurrency world i need some advice for investing such amount of money on btc what u think? should i buy now and wait for some months in hope for btc to rise up and then sell it out or what should i do ?
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Like said above, split the investment, dont put your eggs in one basket. Also I'd wait for the stock market bubble to pop, it's looking unhealthy currently.. So much shit going on, when it will crash, crypto will follow and then it's time to buy.
 
"Don't put all your eggs in one basket" - This is very important in doing investments, so diversify on different coins or buy other shares if that's an option.

If you are looking for quick flipping then I would not suggest investing in btc, holding is the key with coins.
 
Depends if you are Trading or investing.

Personally I day trade/scalp Shitcoins and invest long term in Bitcoin trying to keep my average buy price as low as possible.
 
ciupanezul11 said:
My advice is to invest only a part of the money in BTC and the rest available balance invest it into other cryptocurrencies. You need to stay and exchange and change and back and forth to actually earn something. Like a broker ... and you will have a win-win. If you want to invest and leave it there and after a while exchange and have some $$$ then Crypto isn't really for you.

My opinion.
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Bitcoin price is something hard to predict. If these 20k is your spare cash and you're looking into a long term investing (holding) you should definitely buy bitcoin and store it on a hardware wallet for 10-20 years. Who knows maybe after the time you will be a millionaire or broke af. :)
 
The first thing to do is:

Don´t listen to some random people on the internet (yes, including me lol)
Even if their advice may be good you have to educate your self first and make actions based on that.

Please don´t be a sheep and just say what others say you should do because eventually you will lose everything.

But YES:

Don´t put all your egs into one basket and invest smart

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Invest it in some Index funds for slow but sure profits, or take my advice and go all in in Tesla before September 15th
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Or if you have time and will to research, invest in Food, Clothes, AI, Medicine
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What will happen on September 15th?

And please use "edit" and dont post multiple times
 
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Altayeb Hoota said:
hello friends. i am adsense publisher i have 20k$ and i really need to dive into cryptocurrency world i need some advice for investing such amount of money on btc what u think? should i buy now and wait for some months in hope for btc to rise up and then sell it out or what should i do ?
Click to expand...
Invest it in some Index funds for slow but sure profits, or take my advice and go all in in Tesla before September 15th
 
Or if you have time and will to research, invest in Food, Clothes, AI, Medicine
 
Just grab 1 BTC and the rest in the dirty cheap stock market.
 
No one knows what will happen to bitcoin , it’s a risk personally I do one some tho
 
If you spend them all to bitcoin, it would be perfect but only for long term. No one promises you that tomorrow will fall to 8000$.

On the other hand, if you keep ~1 BTC until 2030, yeah it is very likely to have a big fortune.
 
in my view of your case, Dont Ask random people from the web what to do with your money. I would Educate myself first and then chose what does fit me, otherwise if you listen to third party and you end up losing your gonna blame some1, make your own conscious decisions. you earned 20k so your not a stupid person. just think about it if your friends/wife/parents ask you what you did with your money and you say i invested in .... cuz some random told me to.
 
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