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Topic: Are you buying bitcoins? Why? - page 156. (Read 307748 times)

hero member
Activity: 840
Merit: 501
Strength in Numbers
May 20, 2016, 06:17:26 AM
dam I have a buy order in at 400 and 420 each for 1 btc

Im buying ahead of the halving on speculation but it wont
drop low enough to fill the order


If you are waiting for the price of bitcoin to go down to 400 or 420 I think that won't happen maybe because most of the time bitcoin price ranges
to $450-$460. But still, we can't say what will happen to bitcoin let's just believe with it on anything that happens.
hero member
Activity: 840
Merit: 1000
May 20, 2016, 06:10:58 AM
Invest only the amount you can afford to risk or lose. This principle has been even more real nowadays. When you buy or invest in bitcoin, it is like gambling where chances increase more than usual. If Bitcoin scaling problem is not solved, there is a possibility that the price of bitcoin will go down to zero as another cryptocurrency will rise to take the place of bitcoin. So all we need is just to take precautions and be mindful of what you are into before investing.

That's right, and it is not suggested to invest all your savings. Once you invest your savings and your investment didn't click. Well that's a big down fall for you.
Might better expect for the best and also for the worst in investment. But today, it is a very good timing to buy bitcoins.

But I think its worth to invest money in bitcoin at this stage, and only reason is that we will have halving in 2 months so we can earn good returns if price goes higher.
legendary
Activity: 1442
Merit: 1000
May 20, 2016, 06:07:23 AM
dam I have a buy order in at 400 and 420 each for 1 btc

Im buying ahead of the halving on speculation but it wont
drop low enough to fill the order
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
May 20, 2016, 06:03:32 AM
Invest only the amount you can afford to risk or lose. This principle has been even more real nowadays. When you buy or invest in bitcoin, it is like gambling where chances increase more than usual. If Bitcoin scaling problem is not solved, there is a possibility that the price of bitcoin will go down to zero as another cryptocurrency will rise to take the place of bitcoin. So all we need is just to take precautions and be mindful of what you are into before investing.

That's right, and it is not suggested to invest all your savings. Once you invest your savings and your investment didn't click. Well that's a big down fall for you.
Might better expect for the best and also for the worst in investment. But today, it is a very good timing to buy bitcoins.
sr. member
Activity: 364
Merit: 250
May 20, 2016, 02:39:32 AM
The main reason why people is buying some Bitcoins is that they want to earn profit with Bitcoin and they have to know that it can takes a long time until the value will be more worth.
And some people wants also to try a new payment method and that would be perfect for the Bitcoin.

agree with you, it's the main reason, each people want to growing his money, then he choose bitcoin as investment or just trade it, so he can earning some profit after sell back his bitcoin in higher price.
As you know you see that the value of the Bitcoin is not even that high and that is the problem because there a  lot of people that wants to make profit with their Bitcoin.
But people that havent Bitcoin yet want to try it as a new payment method and wants to earn profit with it.
sr. member
Activity: 504
Merit: 250
InvestnTrade. Latest from the crypto space.
May 20, 2016, 02:23:59 AM
Invest only the amount you can afford to risk or lose. This principle has been even more real nowadays. When you buy or invest in bitcoin, it is like gambling where chances increase more than usual. If Bitcoin scaling problem is not solved, there is a possibility that the price of bitcoin will go down to zero as another cryptocurrency will rise to take the place of bitcoin. So all we need is just to take precautions and be mindful of what you are into before investing.
legendary
Activity: 1638
Merit: 1046
May 19, 2016, 09:15:16 PM
Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
Yeah this is the time the best to buy because of $20 decreases.. I am right that the price will still decrease in this month because block halving is too far.. and the effect of block halving is not so fast.. so i think in few months before we will the price hit 600 value..
legendary
Activity: 3472
Merit: 10611
May 19, 2016, 09:13:25 PM
Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.

yeah i have also bought some using this opportunity, i was kinda waiting for something like this to happen because i had some spare money that i wanted to invest and add that to my previous stash.
hero member
Activity: 714
Merit: 500
May 19, 2016, 08:53:05 PM
Just bought  a fraction today while the price is below $440. Bitcoin's price has currently been trending down the last few days, so I saw it as an opportunity to buy some. With the incoming halving not too far away, might as well buy as much as I can at current prices.
legendary
Activity: 1162
Merit: 1000
May 19, 2016, 08:29:01 PM
Share with us what's your main reason for buying bitcoins?

I buy bitcoin expect prices to rise in the future, and for daily income. bitcoin = internet so with trading i can pay internet bill Cheesy
thank you.
yes I also expect that. bitcoin has a high price and bitcoin become one of the largest cash payment media. I believe that with the increasing technology, the greater the market share bitcoin.
hero member
Activity: 490
Merit: 520
May 19, 2016, 08:28:19 PM
I might actually start considering buying more Bitcoin now, considering how the value has been taking a small dip recently, and it might be time to buy some Bitcoin and wait for the value to start going back up again. I haven't bought any Bitcoin recently, but this might give me an excuse to finally get really invested in Bitcoin.

I'm curious as to why the value has been dipping recently, it seems uncharacteristic, but we'll see what ends up happening.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
May 19, 2016, 08:11:17 PM
I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.

I agree and I am voting for this kind of increase. Slowly but surely. We dont want to see ourselves panicking when a big wave comes. That might also lose the price of the bitcoin when everybody is selling.

Yeah and major pump will be followed by major dump, and at that stage majority of people gets panic and sells all their coins, we need to have patience and faith.

This possibility will occur after halving. whereby when people panic buying before halving, and after halving the price increase, then they will make a big dump.

Yes and anything is possible with bitcoin, no one is assured about the price at the time of halving, it will be a major panic if price falls at the time of halving.
hopefully it does not happen dude ? but it will very likely happen panic selling when prices rise in halving
hopefully it can tackle with a lot of new users coming in and doubled the demand to bitcoin
then panic alternately be insurmountable. but all possibilities can happen


If prices is halving we can't assume will be occur a panic selling. Although if will occur maybe some people will occurance feel panic selling.
but I think for now prices is stagnant or stable. But i agree all possibilities can happen. Is more better if we positive thinking about that.

sr. member
Activity: 322
Merit: 250
May 19, 2016, 07:58:17 PM
Share with us what's your main reason for buying bitcoins?

I buy bitcoin expect prices to rise in the future, and for daily income. bitcoin = internet so with trading i can pay internet bill Cheesy
thank you.
full member
Activity: 140
Merit: 100
May 19, 2016, 07:07:51 PM
I don't usually buy bitcoins, I try my best to earn them by providing services and selling goods. Sometimes when I buy them I usually store them because they are a convenient way of purchasing items.
legendary
Activity: 1372
Merit: 1008
May 19, 2016, 06:38:51 PM
I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.

I agree and I am voting for this kind of increase. Slowly but surely. We dont want to see ourselves panicking when a big wave comes. That might also lose the price of the bitcoin when everybody is selling.

Yeah and major pump will be followed by major dump, and at that stage majority of people gets panic and sells all their coins, we need to have patience and faith.

This possibility will occur after halving. whereby when people panic buying before halving, and after halving the price increase, then they will make a big dump.

Yes and anything is possible with bitcoin, no one is assured about the price at the time of halving, it will be a major panic if price falls at the time of halving.
hopefully it does not happen dude ? but it will very likely happen panic selling when prices rise in halving
hopefully it can tackle with a lot of new users coming in and doubled the demand to bitcoin
then panic alternately be insurmountable. but all possibilities can happen

legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
May 18, 2016, 09:32:32 AM
Buying to save for future

Nowadays everyone buying bitcoin for their future. even I also doing the same. but I am not buying bitcoin. I always try to earn bitcoin some how.. If I could have money I would love to buy as more as I can afford but unfortunately I don't have enough money to buy bitcoins so my focus is to earn it with doing hard works.



That's the best way to collect bitcoin, try to earn as  much as you can, as bitcoin is allowing us to earn in many ways, then why to buy it.
legendary
Activity: 1540
Merit: 1003
May 18, 2016, 09:30:40 AM
Buying to save for future

Nowadays everyone buying bitcoin for their future. even I also doing the same. but I am not buying bitcoin. I always try to earn bitcoin some how.. If I could have money I would love to buy as more as I can afford but unfortunately I don't have enough money to buy bitcoins so my focus is to earn it with doing hard works.

sr. member
Activity: 392
Merit: 250
May 18, 2016, 09:01:46 AM
The main reason why people is buying some Bitcoins is that they want to earn profit with Bitcoin and they have to know that it can takes a long time until the value will be more worth.
And some people wants also to try a new payment method and that would be perfect for the Bitcoin.

agree with you, it's the main reason, each people want to growing his money, then he choose bitcoin as investment or just trade it, so he can earning some profit after sell back his bitcoin in higher price.

And I think that is the right way to play with bitcoin, if its allowing us to make profits with trading then we should not miss this opportunity.
hero member
Activity: 672
Merit: 500
May 18, 2016, 08:18:15 AM
The main reason why people is buying some Bitcoins is that they want to earn profit with Bitcoin and they have to know that it can takes a long time until the value will be more worth.
And some people wants also to try a new payment method and that would be perfect for the Bitcoin.

agree with you, it's the main reason, each people want to growing his money, then he choose bitcoin as investment or just trade it, so he can earning some profit after sell back his bitcoin in higher price.
hero member
Activity: 714
Merit: 500
May 18, 2016, 05:21:33 AM
I am buying Bitcoin for just one simple reason, to safe them for when the price goes up so I can sell them for a profit. I am suer that I am not the only one who does this.
Many people safe there coins for the future prices.
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