Are you buying bitcoins? Why? - page 58.

chaser15

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Quote from: Schuyler on September 21, 2016, 05:43:33 AM

I am being tempted to buy now that the price is slightly below $600 again. I'll closely monitor the next few days and see if it can go down further. The last few days have been slightly leaning towards the price going down rather than going up.

I don't want to suggest you a right thing because it's your decision after all. Also there's no right thing.

If you have some extra ammos it's not mistake to buy some. It's better to face the risk than to face regrets.

crairezx20

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Quote from: Schuyler on September 21, 2016, 05:43:33 AM

I am being tempted to buy now that the price is slightly below $600 again. I'll closely monitor the next few days and see if it can go down further. The last few days have been slightly leaning towards the price going down rather than going up.

I think it is better to dont buy if you are not a long term trader. the price right now is below 600 value according preev price..
Maybe the price will decrease more soon.. so keep wait before you do a move..

Schuyler

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I am being tempted to buy now that the price is slightly below $600 again. I'll closely monitor the next few days and see if it can go down further. The last few days have been slightly leaning towards the price going down rather than going up.

Harlot

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Quote from: coinsocieties on September 20, 2016, 04:26:08 PM

I am buying about $5 in bitcoin a week for a long term investment. There is no way I can afford much more at this time, but it works out for me to buy in small amounts while I can and before the cost in fees makes it not worth it!!

You are doing some kind of DCA( Dollar Cost Averaging), which I don't think is good for Bitcoin. DCA is good for long term investment and BTC had reached its recents peaks. Also not timing your conversion of fiat to btc can really hurt you price wise. That's why many people now don't hold btc what they rather do is day trading. If I were you ill wait first before buying Bitcoin.

entrepmind23

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Quote from: livinglegend on September 20, 2016, 06:34:52 PM

I do not know it they will be worth much more soon, as some people say. But given the current economic scenario, it is good to have some.

Given the current status of the economy,it's good to have an additional income due to rising prices and inflation and I saw that one of the ways to earn is through bitcoin. I am buying bitcoin because I believe that it would be much more valuable in the few years to come than what it is today. I am accumulating bitcoin as much as possible without the need of buying it like altcoin trading. Day by day I earn some satoshis and then when the price go up high then I would be able to profit from it.

livinglegend

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I do not know it they will be worth much more soon, as some people say. But given the current economic scenario, it is good to have some.

leowonderful

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Bitcoin FTW!

Quote from: pearnapple on September 20, 2016, 05:42:44 PM

Quote from: mark coins on September 19, 2016, 09:19:11 AM

Quote from: CoinFoxs on September 19, 2016, 09:08:14 AM

Quote from: goldcoinminer on September 19, 2016, 01:02:04 AM

I think we should buy bitcoins now because the price is beginning to rise again, the future is good so we have to position our self now because as early as we are the more we have a chance to earn more once bitcoin will be a big success in the future.

Yeah you are right, this is the best time to buy coins because price is ready to rise again and this time after halving we get a very good amount and definitely this time price will increase and reach atleast 750$+, so do invest your money in buying coins as well as invest your coins in trading.

Price has been stable at $610 since past few weeks, but I think this is a reasonable price to buy bitcoins as we may see price going higher in coming months and lets hope it crosses $700 very soon.

you are right and im buying bitcoins like crazy right now, i hope that it will make me really easy profit

No profit will ever be easy, but price has for now stagnated at a steady 610 like you said, and just a little bit of buying from a large source could force the price up, supposing another huge dump doesn't happen again. I don't mind if the price stay at 610, it's a good price, don't get me wrong, but if the price of the coin surges too quickly again we'll just drop back down. I'm currently just waiting for price to drop so I can buy at a lower point and sell at a higher point. Not fast profit, but easy, at least.

Altcoin trading is also something I encourage people to do- the shifting price is a great way to make money. Although it's risky, there's no gain without risk. Trading is a great skill and everyone should at least understand basic principles; it'll make you at least something if you try your best.

BitcoinMarshal

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Quote from: pearnapple on September 20, 2016, 05:42:44 PM

Quote from: mark coins on September 19, 2016, 09:19:11 AM

Quote from: CoinFoxs on September 19, 2016, 09:08:14 AM

Quote from: goldcoinminer on September 19, 2016, 01:02:04 AM

I think we should buy bitcoins now because the price is beginning to rise again, the future is good so we have to position our self now because as early as we are the more we have a chance to earn more once bitcoin will be a big success in the future.

Yeah you are right, this is the best time to buy coins because price is ready to rise again and this time after halving we get a very good amount and definitely this time price will increase and reach atleast 750$+, so do invest your money in buying coins as well as invest your coins in trading.

Price has been stable at $610 since past few weeks, but I think this is a reasonable price to buy bitcoins as we may see price going higher in coming months and lets hope it crosses $700 very soon.

you are right and im buying bitcoins like crazy right now, i hope that it will make me really easy profit

I am also buying very small amount in last few days as expecting its going to high in next few weeks as its done in last few years which could very useful for me as I am going to be start my own work as bitcoin trader

pearnapple

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Quote from: mark coins on September 19, 2016, 09:19:11 AM

Quote from: CoinFoxs on September 19, 2016, 09:08:14 AM

Quote from: goldcoinminer on September 19, 2016, 01:02:04 AM

I think we should buy bitcoins now because the price is beginning to rise again, the future is good so we have to position our self now because as early as we are the more we have a chance to earn more once bitcoin will be a big success in the future.

Yeah you are right, this is the best time to buy coins because price is ready to rise again and this time after halving we get a very good amount and definitely this time price will increase and reach atleast 750$+, so do invest your money in buying coins as well as invest your coins in trading.

Price has been stable at $610 since past few weeks, but I think this is a reasonable price to buy bitcoins as we may see price going higher in coming months and lets hope it crosses $700 very soon.

you are right and im buying bitcoins like crazy right now, i hope that it will make me really easy profit

coinsocieties

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Quote from: MONKEYJUNK on September 20, 2016, 04:38:17 PM

Quote from: coinsocieties on September 20, 2016, 04:26:08 PM

I am buying about $5 in bitcoin a week for a long term investment. There is no way I can afford much more at this time, but it works out for me to buy in small amounts while I can and before the cost in fees makes it not worth it!!

You should try to buy some altcoins instead of bitcoin, you can have a better return in short and long term...
I really don't think bitcoin can double the price in 4 years... There's no why

What alt coins would you suggest? I play with BCN in my free time, but I do not do much with it. The issue I have is that I do not know where to go to see why the prices are changing. Is there news somewhere which makes a difference in the coin prices or does the price go up and down with the amount being purchased and sold?

MONKEYJUNK

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Quote from: coinsocieties on September 20, 2016, 04:26:08 PM

I am buying about $5 in bitcoin a week for a long term investment. There is no way I can afford much more at this time, but it works out for me to buy in small amounts while I can and before the cost in fees makes it not worth it!!

You should try to buy some altcoins instead of bitcoin, you can have a better return in short and long term...
I really don't think bitcoin can double the price in 4 years... There's no why

coinsocieties

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Activity: 728

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io.ezystayz.com

I am buying about $5 in bitcoin a week for a long term investment. There is no way I can afford much more at this time, but it works out for me to buy in small amounts while I can and before the cost in fees makes it not worth it!!

Superbitzz

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yes there is no doubt about this that i am still buying bitcon and the reason that the price of bitcoin is expected to raise too high so i want to book profit in advance so i regularly invest in bitcoin from my salary.

Conus

full member

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I am currently not buying Bitcoin because I do not have the money. When I do have the money, i can not buy it because I need to pay bills!! So I do what I can here online in order to earn bitcoin through faucets, signature campaigns and offering any service that I can do for people on here!! Send some work my way!

John Constantine

full member

Activity: 126

Merit: 100

Most of my earnings from bitcoin is not from buying it, but I buy btc when I see that my coin, that I'm monitoring in trading, is dumping. So, that's when I want to buy, at cheap price, and that is why I buy btc from my own pocket.

eddyubachs

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Quote from: bamboylee on September 20, 2016, 10:57:35 AM

Quote from: Rubberduckie on September 19, 2016, 02:16:38 PM

I'm afraid I may not fill these orders. I want to buy at $550 and $500 but the
way we are consolidating at this level I may have to buy a little here in fear of
missing out if we start rising.

YOu should try cost averaging so that you will not fear if you will not enter on the right price in bitcoin. There is no wrong price in buying today because we believe it will rise very in the future. If you do cost averaging. you will be assured you are getting the lowest price possible.

Yes and if its an long term investment for you then you can buy it even with a current price we all have faith that the price will be much higher in future giving us good profits.

bamboylee

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Quote from: Rubberduckie on September 19, 2016, 02:16:38 PM

I'm afraid I may not fill these orders. I want to buy at $550 and $500 but the
way we are consolidating at this level I may have to buy a little here in fear of
missing out if we start rising.

YOu should try cost averaging so that you will not fear if you will not enter on the right price in bitcoin. There is no wrong price in buying today because we believe it will rise very in the future. If you do cost averaging. you will be assured you are getting the lowest price possible.

Shibashi Dogemoto

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Quote from: Ryan Dugan on September 20, 2016, 05:07:34 AM

The opposite question would be why are you using fiat in a bank instead of bitcoin in a wallet ? I buy bitcoin since you dont have to deal with banks. Paying people and being paid is very easy. Banks annoy and frustrate me. They control your money. I use bitcoin since I want to be in control of my own assets.

Yes and apart from that we can buy them to earn good profits from it in future as its an best investment to have and if you can hold it for long term then you can buy it at any point of time.

Ryan Dugan

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The opposite question would be why are you using fiat in a bank instead of bitcoin in a wallet ? I buy bitcoin since you dont have to deal with banks. Paying people and being paid is very easy. Banks annoy and frustrate me. They control your money. I use bitcoin since I want to be in control of my own assets.

terman45x

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Quote from: btc junkie on September 19, 2016, 11:32:25 PM

Quote from: tempo7 on September 19, 2016, 04:37:47 PM

I think people will use bitcoin in the future completely. Because it is very interesting and related with 21ty century so i guess people will accept totally maybe after 50 years later.

Not necessarily. In the future there will be immense competition with the many popular crypto currencies and there is no surety that any one will remain domaint

Yup no one knows what will happen in future, may be we will see better and innovative currency then bitcoin which may replace it if it gets support from the people, only time will show us a clear picture.

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