A Saving Plan - page 2. | Bitcointalksearch.org

imstillthebest

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Quote from: hahay on February 27, 2020, 06:19:09 PM

Quote from: dunfida on February 27, 2020, 02:52:03 PM

Quote from: bitbunnny on February 25, 2020, 12:44:58 PM

Quote from: Spaffin on February 24, 2020, 11:48:19 AM

Of course, in my opinion, the best plan for an investor is to invest a certain amount of money on a monthly basis in the highest-rated cryptocurrencies. Thus, there is a good chance to minimize possible losses and increase the chances of a good profit. But if you consider a specific project, then you need to buy such coins in bulk at a certain moment, when it will be profitable by analyzing the maximum and minimum schedules. But in any case, I prefer long-term investments.

Investing on.a monthly basis is the best options, especialy if you have some extra funds each month for continuous investment. It's good to diversify investment so besides Bitcoin to choose some other coins or perhaps some type of investment that is not related to cryptocurrency
Long term definetely should have advantage compared to short term thus you will minimize the risk and maximize the profit.

Diversify all you can as long you do have spare money to spend or invest on.We should not only focus on crypto investment but also on

those traditional ones like forex stocks real estate etc. We can save up out of our profits then re-invest it for further expansion of business then

repeat on the cycle until you do able to make it big.

Yes, investments made consistently every month are of course the best way because then at least we have an initial target to continue investing and stop investing to enjoy profits. This method will not be right if done only for the short term because basically the investment plan which is carried out gradually every month requires us to invest for the long term so that good planning and good research to start investing in other projects is a major factor that must be considered.

this is suitable for those who have jobs and thier salary is per month but before to decide investing in cryptos , they should first pay their priorities . when all is clear and they have some funds left , that is the time they buy coins but they should also choose the right coin wisely .

there are times that cryptos are on bullish by the time your going to buy them , if that problem occur i think its better if you refrain from buying for now and re schedule your buy times based on your observation .

hahay

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Quote from: dunfida on February 27, 2020, 02:52:03 PM

Quote from: bitbunnny on February 25, 2020, 12:44:58 PM

Quote from: Spaffin on February 24, 2020, 11:48:19 AM

Of course, in my opinion, the best plan for an investor is to invest a certain amount of money on a monthly basis in the highest-rated cryptocurrencies. Thus, there is a good chance to minimize possible losses and increase the chances of a good profit. But if you consider a specific project, then you need to buy such coins in bulk at a certain moment, when it will be profitable by analyzing the maximum and minimum schedules. But in any case, I prefer long-term investments.

Investing on.a monthly basis is the best options, especialy if you have some extra funds each month for continuous investment. It's good to diversify investment so besides Bitcoin to choose some other coins or perhaps some type of investment that is not related to cryptocurrency
Long term definetely should have advantage compared to short term thus you will minimize the risk and maximize the profit.

Diversify all you can as long you do have spare money to spend or invest on.We should not only focus on crypto investment but also on

those traditional ones like forex stocks real estate etc. We can save up out of our profits then re-invest it for further expansion of business then

repeat on the cycle until you do able to make it big.

Yes, investments made consistently every month are of course the best way because then at least we have an initial target to continue investing and stop investing to enjoy profits. This method will not be right if done only for the short term because basically the investment plan which is carried out gradually every month requires us to invest for the long term so that good planning and good research to start investing in other projects is a major factor that must be considered.

dunfida

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Quote from: bitbunnny on February 25, 2020, 12:44:58 PM

Quote from: Spaffin on February 24, 2020, 11:48:19 AM

Of course, in my opinion, the best plan for an investor is to invest a certain amount of money on a monthly basis in the highest-rated cryptocurrencies. Thus, there is a good chance to minimize possible losses and increase the chances of a good profit. But if you consider a specific project, then you need to buy such coins in bulk at a certain moment, when it will be profitable by analyzing the maximum and minimum schedules. But in any case, I prefer long-term investments.

Investing on.a monthly basis is the best options, especialy if you have some extra funds each month for continuous investment. It's good to diversify investment so besides Bitcoin to choose some other coins or perhaps some type of investment that is not related to cryptocurrency
Long term definetely should have advantage compared to short term thus you will minimize the risk and maximize the profit.

Diversify all you can as long you do have spare money to spend or invest on.We should not only focus on crypto investment but also on

those traditional ones like forex stocks real estate etc. We can save up out of our profits then re-invest it for further expansion of business then

repeat on the cycle until you do able to make it big.

bitbunnny

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Quote from: Spaffin on February 24, 2020, 11:48:19 AM

Of course, in my opinion, the best plan for an investor is to invest a certain amount of money on a monthly basis in the highest-rated cryptocurrencies. Thus, there is a good chance to minimize possible losses and increase the chances of a good profit. But if you consider a specific project, then you need to buy such coins in bulk at a certain moment, when it will be profitable by analyzing the maximum and minimum schedules. But in any case, I prefer long-term investments.

Investing on.a monthly basis is the best options, especialy if you have some extra funds each month for continuous investment. It's good to diversify investment so besides Bitcoin to choose some other coins or perhaps some type of investment that is not related to cryptocurrency
Long term definetely should have advantage compared to short term thus you will minimize the risk and maximize the profit.

luca1073

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Quote from: wheelz1200 on February 20, 2020, 04:31:15 PM

Quote from: luca1073 on October 30, 2018, 08:24:20 AM

I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / Btc and stop if and when surely it will go above that level. Basically i' m taking advantage of BTC "cheap" prices to speculate on the future value (probably a few Years) for future spending, selling, or simply storing it. What do you think about it? I want to set a limit somewhere and i think if price stays above 10.000$ it will mean that banks and institutions will have entered the market already and i will simply enjoy the profits. Does it seem like a good plan? i really believe that Bitcoin will become very very valuable in the foreseeable future.

I like it. Fractional buys or periodic buys are a way to not "time" the market. I always subscribed to incremental buying, it allows you to see the major spikes while also being able to cost average lower if it dips. Whether bitcoin or other markets it's a sound strategy

Do you mean to prepare 50% -70% of the funds you have to buy again when prices are below? is it called Fractional buys ?, I just heard it this time, so sorry if I ask about it, it is natural for traders and one of the best methods to avoid losing a lot.

i don't know if you were referring to what I do or what the other user said but what I do is very simple. I trust Bitcoin more than fiat currencies (even if I'm 46

so I'm slowly exiting my currency (euros) and buying small or bigger amounts(more in the past) at different price levels(called dollar cost averaging). I try to buy on the dips of course (usually at least - 5 %). any price is good if you believe in bitcoin so buy what you can, anytime, but of course, to profit more , try to buy on the dips. i really believe in the stock to flow model chart by plan B . it has been very accurate in the last ten years. i believe bitcoin will get to min 100 k max by the end of 2021. it may happen earlier. i don't see anyway bitcoin below 50 k by the end of 2021. also i'm not a fan of governments and i love the decentralizetaion of bitcoin, i love that it is borderless, relatively very fast and definitely very cheap (especially for big transactions)

Spaffin

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Of course, in my opinion, the best plan for an investor is to invest a certain amount of money on a monthly basis in the highest-rated cryptocurrencies. Thus, there is a good chance to minimize possible losses and increase the chances of a good profit. But if you consider a specific project, then you need to buy such coins in bulk at a certain moment, when it will be profitable by analyzing the maximum and minimum schedules. But in any case, I prefer long-term investments.

wheelz1200

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Quote from: luca1073 on October 30, 2018, 08:24:20 AM

I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / Btc and stop if and when surely it will go above that level. Basically i' m taking advantage of BTC "cheap" prices to speculate on the future value (probably a few Years) for future spending, selling, or simply storing it. What do you think about it? I want to set a limit somewhere and i think if price stays above 10.000$ it will mean that banks and institutions will have entered the market already and i will simply enjoy the profits. Does it seem like a good plan? i really believe that Bitcoin will become very very valuable in the foreseeable future.

I like it. Fractional buys or periodic buys are a way to not "time" the market. I always subscribed to incremental buying, it allows you to see the major spikes while also being able to cost average lower if it dips. Whether bitcoin or other markets it's a sound strategy

206 bones

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Quote from: luca1073 on February 19, 2020, 03:07:32 AM

Accumulate guys. Don't stop if possible. I am buying less than I was buying at the end of 2018, but I still buy. Sometimes I throw 100 euros, sometimes I put a monthly sum I make online. It's not a lot but I put it every month. I still have some altcoins and when they rally up Vs Btc I exchange them into Btc.

Nice. I think you'll do great. This is one of the best strategies. Im doing the same but also borrowing USDT to DCA with marginal debt during corrections, using my assets as a collateral with safe marginal level risk(total balance/debt). I don't plan to withdraw or liquidate any crypto assets. If I want to take money, I'll just create more debt supported by collateral. Im doing this because interest rates over the debt are way smaller than the potential gains.

I also think that if you understand the 4 year cycles then you can use volatility as a way to increase the amount of BTC in the long term. After every ATH comes an ATL. That for me is the key. I'm looking at BTC as a life investment. Not just for short term.

luca1073

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Accumulate guys. Don't stop if possible. I am buying less than I was buying at the end of 2018, but I still buy. Sometimes I throw 100 euros, sometimes I put a monthly sum I make online. It's not a lot but I put it every month. I still have some altcoins and when they rally up Vs Btc I exchange them into Btc.

luca1073

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Thanks for all the reply. Happy to see that this thread is still alive and there are like minded people

luca1073

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Quote from: gabbie2010 on November 16, 2019, 02:20:15 PM

Quote from: luca1073 on October 30, 2018, 08:24:20 AM

I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / Btc and stop if and when surely it will go above that level. Basically i' m taking advantage of BTC "cheap" prices to speculate on the future value (probably a few Years) for future spending, selling, or simply storing it. What do you think about it? I want to set a limit somewhere and i think if price stays above 10.000$ it will mean that banks and institutions will have entered the market already and i will simply enjoy the profits. Does it seem like a good plan? i really believe that Bitcoin will become very very valuable in the foreseeable future.

You are actually buying low as far as bitcoin price is below $10K then selling high above $10K I believed this is a smart way of trading bitcoin bearing in mind that come next year the price would pump to to another price level I am sure the price would range above $10K based on many positive news ahead, Bakkt, halving of bitcoin etc above all selling above $10K would guaranty you some profits although you are actually taking a risk what happens if the price dumped to $5K?

I'm in for the long run. I believe bitcoin will hit 100 k by the end of 2021 and maybe I may sell part of my stash before it hits 100 k we ll see but I will always try to keep at least 1 Bitcoin away. Again we will see i don't have weak hands with this. I still have a small buy when it was at 200 $ but back then I didn't understand bitcoin otherwise I would have bought way more

barbara44

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Quote from: rdluffy on November 16, 2019, 03:41:20 PM

You know, I saw your thread and remebered that yesterday I saw a website that you can put a date and a value (weekly or montly) and this website will tell you how much you invested and how much would you have now if you invested like you said, every week or month
Buying this way looks like it`s the better way to prevent yourself from high risk and look awesome for the long term

Buying bitcoin at the end of every month as a salary earner is still the best way to actually have some saving in bitcoin, and I think it is even safer than using all our income at once like some people would advise which I don’t see that as something that is being realistic.

No matter how high that bitcoin may even get to when we buy at a particular period, the investment will always yield some profits in the long run, and even with this method of buying monthly, I don’t think that we will be able to miss out of any level bitcoin takes in its increase and also, we will be able to determine which particular investment for a month that is matured enough for us to remove instead of having to keep everything in at once and waiting for bull run in the future before we can get some profit out of our investment.

Wexlike

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Quote from: pixie85 on November 17, 2019, 03:02:10 PM

Quote from: oktana on November 17, 2019, 12:44:33 PM

bitcoin is now entering $ 8k, and a little more waiting before the halving stage. maybe op is also still accumulating bitcoin according to plan.

If you read a bit more of this thread you'd know that he is.

Quote from: luca1073 on November 14, 2019, 05:12:13 PM

I'm still buying and dollar cost averaging. Are you doing it too? Eheh.

It's a good plan since BItcoin tends to revisit past highs and 50% of ATH is always a good place to start buying. I had my main focus on 6k last year as the bottom and it should have been the bottom but we fell lower due to manipulation.

DCA on Bitcoin is always a good idea. This 2019 run-up may be characterized as a disbelief rally, with Bitcoin burgeoning from the bear market. Confident calls for lower price targets, from those waiting for a “cheaper” buy-in price, didn’t transpire as sub-$3k prices never materialized. These individuals will likely have to buy-in much higher than they intended, but would’ve been better served Dollar Cost Averaging (DCA), as opposed to timing such an unpredictable market.

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Quote from: oktana on November 17, 2019, 12:44:33 PM

bitcoin is now entering $ 8k, and a little more waiting before the halving stage. maybe op is also still accumulating bitcoin according to plan.

If you read a bit more of this thread you'd know that he is.

Quote from: luca1073 on November 14, 2019, 05:12:13 PM

I'm still buying and dollar cost averaging. Are you doing it too? Eheh.

It's a good plan since BItcoin tends to revisit past highs and 50% of ATH is always a good place to start buying. I had my main focus on 6k last year as the bottom and it should have been the bottom but we fell lower due to manipulation.

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bitcoin is now entering $ 8k, and a little more waiting before the halving stage. maybe op is also still accumulating bitcoin according to plan.

I have a different plan where I have to trade 50% of BTC assets, and still with a BTC pair so that the plan to continue adding is no longer always from a Fiat deposit. In this case I am not referring to the current price at all and have proven effective in preventing me from making a sudden withdrawal.

Cherylstar86

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Quote from: cryptoangel on November 16, 2019, 08:06:55 AM

Quote from: lienfaye on November 16, 2019, 12:00:46 AM

Im buying btc in small amount as well, I started accumulating first quarter of this year when the price is around $3k however I sold it when the price reach $9k. I really earned from that but if there's no unfortunate situation happened to my family I will not sell it because I have a set target price on when to sell.

Now im buying btc again and saving it for future especially halving is already next year, who knows there's a chance for another bull run.

Normally everyone predict some different set of bull run, But it will never happen on our expecting time. So we can concentrate day trading or long term investment and many peoples are waiting for next halving so 2020 is the right year for crypto hunters. If you buy current scenario also you can make 50 % profit because further hype will occur at anytime.

Predicting the value of bitcoin is somehow a positive way by thinking on its huge value in the future. Also, every user have their own way in which will still differ on their techniques. It's a good thing to do by having a saving plan that really make sense for the future outcome though we can't even know when it may increase but I believe that it will definitely increase a huge amount in the future having a great profit by our savings today.

rdluffy

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You know, I saw your thread and remebered that yesterday I saw a website that you can put a date and a value (weekly or montly) and this website will tell you how much you invested and how much would you have now if you invested like you said, every week or month
Buying this way looks like it`s the better way to prevent yourself from high risk and look awesome for the long term

gabbie2010

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Quote from: luca1073 on October 30, 2018, 08:24:20 AM

I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / Btc and stop if and when surely it will go above that level. Basically i' m taking advantage of BTC "cheap" prices to speculate on the future value (probably a few Years) for future spending, selling, or simply storing it. What do you think about it? I want to set a limit somewhere and i think if price stays above 10.000$ it will mean that banks and institutions will have entered the market already and i will simply enjoy the profits. Does it seem like a good plan? i really believe that Bitcoin will become very very valuable in the foreseeable future.

You are actually buying low as far as bitcoin price is below $10K then selling high above $10K I believed this is a smart way of trading bitcoin bearing in mind that come next year the price would pump to to another price level I am sure the price would range above $10K based on many positive news ahead, Bakkt, halving of bitcoin etc above all selling above $10K would guaranty you some profits although you are actually taking a risk what happens if the price dumped to $5K?

cryptoangel

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Quote from: lienfaye on November 16, 2019, 12:00:46 AM

Im buying btc in small amount as well, I started accumulating first quarter of this year when the price is around $3k however I sold it when the price reach $9k. I really earned from that but if there's no unfortunate situation happened to my family I will not sell it because I have a set target price on when to sell.

Now im buying btc again and saving it for future especially halving is already next year, who knows there's a chance for another bull run.

Normally everyone predict some different set of bull run, But it will never happen on our expecting time. So we can concentrate day trading or long term investment and many peoples are waiting for next halving so 2020 is the right year for crypto hunters. If you buy current scenario also you can make 50 % profit because further hype will occur at anytime.

andycarrol

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Quote from: BigBos on November 16, 2019, 02:06:16 AM

actually I have a plan same with what you think. I am very sure, after halving, the price of bitcoin will really reach its highest price after 2017. Having more than 1 bitcoin before the price is above $ 10k is my goal at this time.
that's a good plan, moreover the price of bitcoin is currently under $ 9k. however, after you reach the bitcoin collection target that you have, start watching the market to sell it. I plan to sell bitcoin when the stbail is above $ 15k. but, when bitcoin still has the potential to rise at that time, I will still hold my bitcoin.

as long as the price of bitcoin under $10k is still good for collecting bitcoin as much as possible, even when prices down, I think it's good to continue to buy bitcoin. because we know, next year there is a big event, which according to history always makes price movements to the moon. besides continuing to buy, collecting from trade is also good, but be careful anytime bitcoin can jump high, and altcoin falls. so you must be vigilant when there is a move on bitcoin, immediately sell your altcoin before going down further.

Topic: A Saving Plan - page 2. (Read 16901 times)