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Topic: A Saving Plan - page 3. (Read 16901 times)

sr. member
Activity: 2016
Merit: 456
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.
hero member
Activity: 3024
Merit: 629
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.
hero member
Activity: 1036
Merit: 514
November 15, 2019, 11:45:53 PM
I've been doing the same thing for a while now because of halving in the next year, considering $10K as the limit, buying bitcoin under $10K is cheaper compared to the gain after halving. According to the market behavior, some coins will rise up following bitcoin path in the rally, thus invest in some altcoins such as bch and eth will be profitable as well. Since bitcoin in the discount time right now, do not hesitate to buy the dip.
hero member
Activity: 1106
Merit: 506
November 15, 2019, 09:30:28 PM
I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / 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 think that is a good plan. and in my opinion you should still hold bitcoin and altcoin until the bitcoin bull run. I'm optimistic that when bitcoin is bullish, altcoin prices will also increase. the important thing is that altcoin that you hold is good altcoin which has the potential to develop in the future. diversifying investments I think is more profitable than just holding bitcoin. because when we diversify so when one coin goes down, the other coin still has the possibility to go up.
legendary
Activity: 1568
Merit: 1002
November 15, 2019, 09:17:17 PM
as long as the plan can be done consistently then of course it is a good plan, because with you make and have a very planned plan and have the patience to not spend bitcoin that is owned quickly, then obviously it will be very good because indeed, it seems and i also believe that even the price of bitcoin will be at the highest level throughout the year as it stays above $10k and that is only about time because at least that time will come
sr. member
Activity: 1246
Merit: 255
November 15, 2019, 08:42:39 PM

No one knows if what will happen to bitcoin in the future but I believe bitcoin price will increase this coming 2020 after block halving.
It takes a long journey so I think much better to make a plan that you can multiply your bitcoin amount than waiting for years before you can make a high profit.
And honestly, we don't know if the price of bitcoin can be still increased in the future so it's risky if you are just holding them all.
[/quote]

We are closer to that future than before, there is wisdom in your plan,just holding wouldn't have done something better.bitcoin cheap price is an advantage to buy, but it takes one who will be patient to cope with and enjoy it.I know very soon you will appreciate your plan.most people's plan now is to set their coin on the track for the bull run. As soon as it starts, they explode along.
legendary
Activity: 3122
Merit: 1140
November 15, 2019, 03:38:58 PM
I'm still buying and dollar cost averaging. Are you doing it too? Eheh.
Pretty amazed that you do came back to your own thread and updated on what are the things you've already done for that span of time.
Still dollar cost averaging and since bitcoin doesnt hit up 10k mark as you mentioned on op then you do still continue to accumulate which isnt a bad
idea.Have you able to at least get some profits when the price hits up on 13000+?
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
November 15, 2019, 03:32:00 PM
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 don't get it? We were already over $10k a few weeks ago. Its not a number that is out of reach, we could even pump it with a equal sharp rise in a day. Breaking the last ATH is a whole different level, and that would give the confidence for large scale player to really enter the bull. 10k will be a blip on the chart like the $1000 high of 2013 is now.
Well yes, $10,000 would not be enough to bring institutional investors to the table, but it would have very positive impact and would mean a lot more then it did few months ago when it crossed it like every other day.
Breakout through 10k today would mean that the short-term bearish trend would end and open doors to much higher price as well. But right now we struggle to even break the 9k mark and the lows are getting lower and lower.
sr. member
Activity: 980
Merit: 252
November 15, 2019, 08:15:37 AM
I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / 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 already have a great plan to do, but remember to make sure that 0.70 worth of btc you won't need that anymore, that mean if you lost all of it you will be fine on financial status. If you're okay if you lost it, you already have a great plan to do and you don't have to think about anything anymore just do it because i aldo trust btc will be much more valuable in the future, but everything could happen in crypto and we have to always prepare for any situation
legendary
Activity: 1473
Merit: 1086
November 15, 2019, 08:11:09 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 don't get it? We were already over $10k a few weeks ago. Its not a number that is out of reach, we could even pump it with a equal sharp rise in a day. Breaking the last ATH is a whole different level, and that would give the confidence for large scale player to really enter the bull. 10k will be a blip on the chart like the $1000 high of 2013 is now.
sr. member
Activity: 1484
Merit: 253
November 15, 2019, 05:33:45 AM
Saving plan with cryptocurrencies is quite simple, and we've got a lot of applications that help in maintaining portfolio. Another thing it is good to spend little every month eliminating the unwanted expenses. When there is more amount than the usual savings buy some top altcoins to make the portfolio strong. Cryptocurrencies were the only investment that has got the potential to profit big than any form of savings in bank or other means.

It's easy to say by means of expectation versus reality. Well, it's our own way by doing those things but to think on the outside of the box, it's all about patience, understanding and by control our emotions. It's so nice to invest but we need to be strong enough whatever happen in the future.
sr. member
Activity: 1876
Merit: 259
November 15, 2019, 03:09:23 AM
if you are sure of the choice made do not hesitate to do it.
in the crypto market the price of altcoin or bitcoin no one knows for sure which will make more money, and no one guarantees that what we have planned will succeed, but apart from that I really admire your hard work.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
November 15, 2019, 12:37:45 AM
Saving plan with cryptocurrencies is quite simple, and we've got a lot of applications that help in maintaining portfolio. Another thing it is good to spend little every month eliminating the unwanted expenses. When there is more amount than the usual savings buy some top altcoins to make the portfolio strong. Cryptocurrencies were the only investment that has got the potential to profit big than any form of savings in bank or other means.
jr. member
Activity: 222
Merit: 4
November 14, 2019, 05:12:13 PM
I'm still buying and dollar cost averaging. Are you doing it too? Eheh.
hero member
Activity: 2996
Merit: 609
July 07, 2019, 12:17:53 PM
even after BTC surpassed 10,000 $ I bought some fractions, couldn't help it Smiley for example i make money with the quora partner program between the other things and now automatically that money i have decided to put it all in btc. it's not a lot so far but it adds up . I'm convinced bitcoin will be worth minimum 100 k by the end of 2021 and that's a conservative prediction IMO
$100k isn't a conservative prediction IMHO but this price is achievable but wont really be that easy.Global adoption

is the key to reach up this price that's why even $30k price seems too realistic on my part and going beyond that is way too much.
About saving up and investment thing we know that BTC is capable on this matter but all would depend on the person or yourself on how you do handle it.
jr. member
Activity: 222
Merit: 4
July 07, 2019, 09:54:14 AM
even after BTC surpassed 10,000 $ I bought some fractions, couldn't help it Smiley for example i make money with the quora partner program between the other things and now automatically that money i have decided to put it all in btc. it's not a lot so far but it adds up . I'm convinced bitcoin will be worth minimum 100 k by the end of 2021 and that's a conservative prediction IMO
jr. member
Activity: 222
Merit: 4
June 22, 2019, 08:49:12 AM
first part of the plan has been achieved. according to my plan i was going to buy Bitcoin until the 10 k level. I did yesterday a few minutes before it smashed it through. i bought 0.01 btc at 9991 $. my total btc total went down though as I have part of my coins in altcoins and btc is going so high that the altcoins can't keep up. i hope on a new altcoin season to boost my btc lol. total pure btc accumulated 2.16 , total altcoins at the moment 0.67 BTC (total btc value 2.83). the maximum i have had was in april and it went up to 3.32 BTC because altcoins were higher. it's ok. I didn't lose my faith completely in the altcoins and im gaining more experience in this as time goes by . i had no clue in 2015 when i bought half btc when bitcoin was at 200$ (lol) thinking it was soooo expensve. if i only had known.i had no clue when i kept my hugely pumped altcoins and not selling them at the peak in 2017. we learn by our mistakes. i'm not complaining at all Smiley if you think how times have changed. i'm more injterested in the btc price than the fiat value lol
hero member
Activity: 2996
Merit: 609
June 15, 2019, 10:48:29 AM
It seems like Bitcoin will approach soon the 10 k level. I have been buying small amounts all these months and as I said I will keep on holding my coins for the long term. I may exchange  1/3 of my stash in 2021/2022 if it's worth it and let at least  1 BTC or more float on the way up for the next bull run in 2024/2025 if there will be one . If mass adoption will come it won't be probably necessary to exchange anything into fiat anyway. Is there anybody acting on a similar plan like me? I have managed to accumulate around 3 BTC so far of which 2.15 are pure BTC and the other 0.82 btc or so is in altcoins. My idea after 10 k btc is to pause buying Bitcoin and get from every altcoin more btc maybe by exchanging them when they are high in Btc value. We will see

Let's look at $9K level first, although we are fast approaching it, we don't know what's on the speculators mind, maybe they will dump again when the price reaches $9k. Anyways, it looks like you have a solid plan already. So you just have to follow it to the tee and execute it. Of course everyone here has a plan, to at least accumulate 1 BTC in their lifetime.  Grin
Accumulating on having 1BTC isn't really that hard but well we do know that not all are capable on doing such thing

due to different financial status and on where we do live.We should really always have that plan B incase our main plan had failed.
Rinse and repeat until you do see that you are already progressing.
legendary
Activity: 3066
Merit: 1129
June 15, 2019, 10:36:49 AM
My new saving plan involves not just spending less but earning more. We all have jobs that we go to and work and make money which helps us survive and usually covers either barely the living expenses or sometimes it doesn't even cover that but I am lucky that my income covers just about the amount of money I live, sometimes not even that but mostly it covers it.

Now, I am looking into some other stuff like airdrops and bounties and all other methods where you work to earn income from crypto and I will make those income into my savings plan and will not spend them, that way I can just put that extra money aside without withdrawing it at all and instead of spending less (which I can't really do) I would be earning more to put aside some money for the future, usually for emergency stuff.
hero member
Activity: 2660
Merit: 551
June 15, 2019, 01:51:03 AM
It seems like Bitcoin will approach soon the 10 k level. I have been buying small amounts all these months and as I said I will keep on holding my coins for the long term. I may exchange  1/3 of my stash in 2021/2022 if it's worth it and let at least  1 BTC or more float on the way up for the next bull run in 2024/2025 if there will be one . If mass adoption will come it won't be probably necessary to exchange anything into fiat anyway. Is there anybody acting on a similar plan like me? I have managed to accumulate around 3 BTC so far of which 2.15 are pure BTC and the other 0.82 btc or so is in altcoins. My idea after 10 k btc is to pause buying Bitcoin and get from every altcoin more btc maybe by exchanging them when they are high in Btc value. We will see

Let's look at $9K level first, although we are fast approaching it, we don't know what's on the speculators mind, maybe they will dump again when the price reaches $9k. Anyways, it looks like you have a solid plan already. So you just have to follow it to the tee and execute it. Of course everyone here has a plan, to at least accumulate 1 BTC in their lifetime.  Grin
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