Anyone bought Bitcoin/altcoins already?

rodskee

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Quote from: Lambe Ndumble on August 04, 2022, 05:47:38 AM

Today I bought Bitcoin about $ 190, a good thing because I could buy bitcoin at a price that I thought was cheap, I was sure that the market immediately risped and made us get a big profit if we immediately bought.

is that for bitcoin only? that 190$ purely for bitcoin?

you did not try risking in some altcoin? because 190$ for bitcoin will not bring you anything , and besides even if it doubled the price of bitcoin still that is a small profit for years of holding . best to try in some cheap but promising coins.

popeye95

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Quote from: Razmirraz on August 04, 2022, 12:52:48 AM

Quote from: jaberwock on August 02, 2022, 01:24:10 PM

Don't calculate your losses yet unless you have sold some of your bitcoins. What you are feeling there is part of dca'ing or rather part of investing, though that was normal because crypto investments are volatile but there is still a chance that their value can recover.

Calculating losses will create panic, falling prices only make the estimated value of assets decrease, basically the number of assets remains the same. A real loss after selling bitcoin at a lower price, but investors don't need to sell it as long as it can survive. Losing some of the money owned is not an investment goal, even in the most critical conditions investors must be able to survive, because storms will not always occur. Investors must believe in the quality of Bitcoin, when the price goes down, its value will rise soon.

Yup, unless you're under huge pressure to covert your crypto assets to fiat, don't sell it under a loss for Bitcoin. Cause once you sold, if the market ever recovers, you'll regret and realize that kind of mistake could be avoided. To do that, you need to make sure your investment is at a leisure pace and not under any pressure for at least a year or two.

Lambe Ndumble

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Today I bought Bitcoin about $ 190, a good thing because I could buy bitcoin at a price that I thought was cheap, I was sure that the market immediately risped and made us get a big profit if we immediately bought.

Razmirraz

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Quote from: jaberwock on August 02, 2022, 01:24:10 PM

Don't calculate your losses yet unless you have sold some of your bitcoins. What you are feeling there is part of dca'ing or rather part of investing, though that was normal because crypto investments are volatile but there is still a chance that their value can recover.

Calculating losses will create panic, falling prices only make the estimated value of assets decrease, basically the number of assets remains the same. A real loss after selling bitcoin at a lower price, but investors don't need to sell it as long as it can survive. Losing some of the money owned is not an investment goal, even in the most critical conditions investors must be able to survive, because storms will not always occur. Investors must believe in the quality of Bitcoin, when the price goes down, its value will rise soon.

Falconer

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Quote from: sana54210 on August 03, 2022, 02:42:54 PM

I buy bitcoin to stay for many years, maybe more than 5 years because I believe that it will make me a good amount of profit. But sometimes I end up not making that type of decision, I get in and then I get out quickly because I do not trust the long term profits of the project so I make do with what I get in a short span of time.

If it's not a huge amount then I don't think you should rush to enjoy the meager results. There are times when you have to hang on to achieve more, but of course altcoin are much riskier than bitcoin in the long term. Bitcoin has good potential in the long term, of course, but I'm not being a hypocrite to say that it's great to have some potential altcoin in the long term.

I don't think it's wrong if I own 50% of the assets in altcoin and the other 50% in bitcoin. But I have to diversify altcoin so that 3-4 altcoin are equivalent to 50% bitcoin because we are talking about profit not about decentralized bitcoin as a currency.

peterpanda

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Quote from: cheezcarls on August 01, 2022, 09:15:52 AM

I usually do not care much about the Bitcoin price right now because I’m doing the old-school DCA (dollar-cost averaging) strategy where we just simply accumulate more BTC regardless of the price movement. This is my 3rd time that I have done DCA with Bitcoin, and it’ll come again in the mid part of this month where I usually have that extra “not beer” money per month to spare for buying BTC.

I’ve started last May 2022, but at a loss because I’ve bought it at a price of $30k. For June and July, I’ve bought them at $21k and $20k respectively, so I’m a lil’ bit of a profit for these prices. But I am not out of the woods yet though because of that loss in my first month. However, I’ll keep accumulating more Bitcoin as my goal hasn’t changed.

It is a good strategy and it will help to reduce the loss and help to gain profit. We are buying bitcoin and it will still remain in our wallet whatever the price goes down or rise. We should buy bitcoin regularly and by this we will be able to get huge profit in the long run.

sana54210

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Quote from: jaberwock on August 02, 2022, 01:24:10 PM

Quote from: cheezcarls on August 01, 2022, 09:15:52 AM

I usually do not care much about the Bitcoin price right now because I’m doing the old-school DCA (dollar-cost averaging) strategy where we just simply accumulate more BTC regardless of the price movement. This is my 3rd time that I have done DCA with Bitcoin, and it’ll come again in the mid part of this month where I usually have that extra “not beer” money per month to spare for buying BTC.

I’ve started last May 2022, but at a loss because I’ve bought it at a price of $30k. For June and July, I’ve bought them at $21k and $20k respectively, so I’m a lil’ bit of a profit for these prices. But I am not out of the woods yet though because of that loss in my first month. However, I’ll keep accumulating more Bitcoin as my goal hasn’t changed.

Well, if you are in for longer terms then that's strategy is fit for you but for those traders and short/mid term investors then they might need to wait for the price of btc to drop first before they start on purchasing it. That's right that the money that we should use for investing in bitcoin is the money that are not really that important, so that whatever happens with our investment, we won't heavily regret it.

Don't calculate your losses yet unless you have sold some of your bitcoins. What you are feeling there is part of dca'ing or rather part of investing, though that was normal because crypto investments are volatile but there is still a chance that their value can recover.

Even if you are doing the right thing and you are making a profit, doesn't mean that you should be long term or short term based on what you "want", that is a wrong approach. You should be doing what seems to be the right thing for each case, sometimes you should get in and out in 5 minutes, sometimes you should stay there for 5 years.

I buy bitcoin to stay for many years, maybe more than 5 years because I believe that it will make me a good amount of profit. But sometimes I end up not making that type of decision, I get in and then I get out quickly because I do not trust the long term profits of the project so I make do with what I get in a short span of time.

jaberwock

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Quote from: cheezcarls on August 01, 2022, 09:15:52 AM

I usually do not care much about the Bitcoin price right now because I’m doing the old-school DCA (dollar-cost averaging) strategy where we just simply accumulate more BTC regardless of the price movement. This is my 3rd time that I have done DCA with Bitcoin, and it’ll come again in the mid part of this month where I usually have that extra “not beer” money per month to spare for buying BTC.

I’ve started last May 2022, but at a loss because I’ve bought it at a price of $30k. For June and July, I’ve bought them at $21k and $20k respectively, so I’m a lil’ bit of a profit for these prices. But I am not out of the woods yet though because of that loss in my first month. However, I’ll keep accumulating more Bitcoin as my goal hasn’t changed.

Well, if you are in for longer terms then that's strategy is fit for you but for those traders and short/mid term investors then they might need to wait for the price of btc to drop first before they start on purchasing it. That's right that the money that we should use for investing in bitcoin is the money that are not really that important, so that whatever happens with our investment, we won't heavily regret it.

Don't calculate your losses yet unless you have sold some of your bitcoins. What you are feeling there is part of dca'ing or rather part of investing, though that was normal because crypto investments are volatile but there is still a chance that their value can recover.

Ucy

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Quote from: Ucy on July 14, 2022, 01:29:38 PM

Quote from: Ucy on July 01, 2022, 01:11:46 PM

Something I have decided to do

Have decided to move it up to $25 000 to 40,000 in 1 to 2 weeks time. I'm doing this without expecting reward from the work of moving it up. The current price of Bitcoin is about $19,500 is archived: https://archive.fo/0aVIp Date: Friday July 1st 2022

I will move the resistance to $40,000... And I may stop supporting the price at $25 000 to 40,000 level if people still do not appreciate.

I'm impressed with what was achieved so far even though I avoid posting much on things related to Bitcoin/crypto...partly due to people trying to steal the "show" from the one who started it on July 1st. That's typically my experience whenever I want to prove something true especially via miracles... then you see spams/people claiming thesame/similar thing. I will do this by surprise at the right time... Meanwhile, I will continue, then expect more big movements especially when you see me posting more on Bitcoin/crypto.
*We hit $22,400 High probably on July 8 2022
*Current Bitcoin price: $20,400

We ended the week on Saturday 30th July 2022 and achieved a high of about $24,600 on that day, that is approximately $25,000.... Price varies on different exchanges/platforms.... But the least price I have seen so far is about 24,500 on coinmarketcap. Well, that was achieved despite the massive fud within the period of 14th to 30th July 2022.

The next plan is to move it up further, depending on how much time I have. If I leave it at this price, it will most likely collapse back to below $19500. You need stronger hand to support and move the price up

Lantind

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Quote from: Ucy on June 30, 2022, 11:51:54 AM

If yes, do you want it to move up from now onward?
I want to see how many people want a strong upward movement.

Edit: I removed the part on donation, but if you want to still do it after the price has gone up check out my Signature. My intention is to get the price moving up with honest Pro-Bitcoin posts and to prevent the bear from winning.

Everyone wants bitcoin to go up, because they have entered the market in the previous year, unlike people who are new to crypto, they don't understand the concept of the year that makes bitcoin go above or below, which is a pretty good move if you can block and prevent the bears from going up. win, but whether this power is fully supported to achieve something you want, because the difficulty of holding a bear is sometimes difficult to predict

Reatim

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Quote from: Semar Mesem on July 28, 2022, 02:40:25 AM

I bought about 30% for bitcoin and 70% altcoins, of course it's a good thing if we divide assets into many places, don't just depend on bitcoin, because altcoins have a huge potential for 100% profit in a short time, but I never leave to buy bitcoin even with a smaller percentage than altcoins.

if you did segregate the 70% in good altcoins ? what i am talking are in the ranking position ? then yes better to keep that way but if i am to decide ? I will put at least 40-50% of my funds in bitcoin and the other amount will be in altcoins.
maybe some shitcoin will be added as long as there are small amount for those coins.

Quote from: ?? on ??

I've been buying some shithcoins recently which have started to pump up nicely, but these are all short-term deals. For example today you can see some coins pumping again, but it all seems like a trap to me. Until bitcoin shows a clear up-trend, it is better to refrain from buying. Although some good coins should certainly be bought for the future.

congratulations mate if you happen to buy shitcoins with good potential , and hope that you'll get a higher return for that .

rodskee

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Quote from: Minecache on July 31, 2022, 10:01:33 AM

Quote from: Semar Mesem on July 28, 2022, 02:40:25 AM

I bought about 30% for bitcoin and 70% altcoins, of course it's a good thing if we divide assets into many places, don't just depend on bitcoin, because altcoins have a huge potential for 100% profit in a short time, but I never leave to buy bitcoin even with a smaller percentage than altcoins.

Have you considered the possibility of altcoins losing 100% of their value like luna did in the past? Except for bitcoins, there is no guarantee that any other will be able to recover, let alone that you will be able to turn a profit. If it were me, I would do the opposite, 70% in bitcoin and only 30% in altcoins. With the bear market underway, bitcoin is a safe bet and only bitcoin can guarantee future returns.

i think he mentioned altcoins and not specific coin meaning it is diversified , not because LUNA dumped in the past meaning all altcoins will have same situation and investors will have the same faith.
remember that this can change overnight or can change in longer period so it os depend to which coin you bought and how you support and trust this coin.

Quote from: Frengki_cisco on August 01, 2022, 04:59:43 AM

Quote from: Ucy on June 30, 2022, 11:51:54 AM

If yes, do you want it to move up from now onward?
I want to see how many people want a strong upward movement.

My consideration for Bitcoin is currently still relatively high, so I haven't bought it yet waiting for a few more percent decline I think it's good.

For the current day, I'm less excited Bitcoin continues to go up, I'd rather go down, I can feel a little to invest with the money I'm currently saving to buy Bitcoin.

then you will never gather another amount if that is your objective because the price of bitcoin even drop few weeks ago down to 17k yet you are waiting for small drop when the value is around 23k now?

cheezcarls

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I usually do not care much about the Bitcoin price right now because I’m doing the old-school DCA (dollar-cost averaging) strategy where we just simply accumulate more BTC regardless of the price movement. This is my 3rd time that I have done DCA with Bitcoin, and it’ll come again in the mid part of this month where I usually have that extra “not beer” money per month to spare for buying BTC.

I’ve started last May 2022, but at a loss because I’ve bought it at a price of $30k. For June and July, I’ve bought them at $21k and $20k respectively, so I’m a lil’ bit of a profit for these prices. But I am not out of the woods yet though because of that loss in my first month. However, I’ll keep accumulating more Bitcoin as my goal hasn’t changed.

Zanab247

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Quote

I bought about 30% for bitcoin and 70% altcoins, of course it's a good thing if we divide assets into many places, don't just depend on bitcoin, because altcoins have a huge potential for 100% profit in a short time, but I never leave to buy bitcoin even with a smaller percentage than altcoins.

Well, that is your choice because everybody know what he or she want in the community. Since we are still experiencing bearish market that is causing many people to search for potential coins to invest and have something suitable to achieve in the future. It will be favourable to invest huge amount of money on Bitcoin than altcoins because whenever Bitcoin price is rising on the market other altcoins will be rising too, showed that there are more income to make from Bitcoin investment than altcoins that is only good for short term in this season.

Frengki_cisco

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Quote from: Ucy on June 30, 2022, 11:51:54 AM

If yes, do you want it to move up from now onward?
I want to see how many people want a strong upward movement.

My consideration for Bitcoin is currently still relatively high, so I haven't bought it yet waiting for a few more percent decline I think it's good.

For the current day, I'm less excited Bitcoin continues to go up, I'd rather go down, I can feel a little to invest with the money I'm currently saving to buy Bitcoin.

Wilhelm

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Quote from: DonQuijote on June 30, 2022, 09:01:18 PM

Quote from: DoublerHunter on June 30, 2022, 07:59:30 PM

Quote from: Wilhelm on June 30, 2022, 04:12:31 PM

Yes who doesn't want to buy the bottom Cool

^ Definitely right and buying now could be profitable in the future.
But for sure those who bought BTC at the recent dump will not sell their BTC, they wait for it when there is ATH will come.
This was expected by most HOLDlers, BTC will reach into another ATH right after this market correction.
However, it seems OP asking financial matters here which I don't think there is someone willing to donate their earnings.

Sure, but maybe we will see a new low before finish this market correction. The global market is bearish right now, and so is BTC.

Now is the time to buy, I wouldn't wait for a new low, it might not come.
When it goes 10x these prices will be a dream from the past...

bitterguy28

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Quote from: Paul Pogba on July 26, 2022, 05:47:42 AM

The last 2 days are a good opportunity to buy, looking at the market trend in July I'm optimistic that tomorrow the day after tomorrow will be green again, I plan to buy btc and 3 altcoins for around $350 and I'm sure it's easier to get profit at this moment.

what is the difference of what we have in June and in July when the increase and decrease happen consistently?
and also the Low and High this quarter yet this cannot be predicted so never say a word that you can easier get a profit because the more you seek on this is the more you may lose.
and another thing is that if you happen to understand this market then you already knew that you may earn but you may also lose.

peter0425

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I already did and still buying if there is a chance , its continues process because bitcoin is the safest currency and this is what can be hold for long time and for long years like what we are doing now and what we are doing still now.

Quote from: Paul Pogba on July 21, 2022, 04:22:06 AM

I'm happy because when the red market I bought bitcoin and several altcoins which have now increased by more than 30%, besides bitcoin some altcoins that I have bought are Terra, MATIC, FTX, KCS, CAKE and FTM.

wait, bitcoin increased by 30% from the dump? as i remember that bitcoin is only dumped down to 17k so where is the 30% increase on this part?

YOSHIE

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Quote from: Ucy on June 30, 2022, 11:51:54 AM

If yes, do you want it to move up from now onward?

I expect Bitcoin or other crypto types to fall deeper, than the current price, that's hope, but it all depends on the state of the market for the needs and crypto users in buying/selling.

Quote from: Ucy on June 30, 2022, 11:51:54 AM

I want to see how many people want a strong upward movement.

Of course, market expectations go up for people who have bought crypto, maybe for those who haven't bought it expect it to go down again, so that they have the opportunity to buy it.

But for me, of course i'm happier when it's down, maybe i have a little hope of buying more and invest a little longer.

Minecache

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Quote from: Semar Mesem on July 28, 2022, 02:40:25 AM

I bought about 30% for bitcoin and 70% altcoins, of course it's a good thing if we divide assets into many places, don't just depend on bitcoin, because altcoins have a huge potential for 100% profit in a short time, but I never leave to buy bitcoin even with a smaller percentage than altcoins.

Have you considered the possibility of altcoins losing 100% of their value like luna did in the past? Except for bitcoins, there is no guarantee that any other will be able to recover, let alone that you will be able to turn a profit. If it were me, I would do the opposite, 70% in bitcoin and only 30% in altcoins. With the bear market underway, bitcoin is a safe bet and only bitcoin can guarantee future returns.

Topic: Anyone bought Bitcoin/altcoins already? (Read 924 times)