Are you holding your bitcoin for a price increase? - page 173.

cjmoles

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Activity: 1176

Merit: 1017

Quote from: e1ghtSpace on November 01, 2015, 08:30:16 PM

Quote from: cjmoles on November 01, 2015, 08:26:55 PM

Well, I have a secret technique to take advantage of the highs and lows of bitcoin. I buy Nubit with BTC when BTC prices are high and I buy BTC for Nubit when BTC prices are low....In that way my investment is safe while I can still profit off of higher futures for bitcoin. It seems to be working for me.

What is so good about Nubit, may I ask?
Does it have any advantage over other altcoins like newer features or something?

Nubit's value is always equal to $1 USD, so its price in BTC fluctuates to insure that that remains the case. The Nubit (NBT) price is controlled by a system whereby the token is parked and collects interest dependant on the price of bitcoin. The interest earned on parked NBT is determined by a voting system called Nushares (NSR) which also earns dividends in Peercoin (PPC). The three assets are co-related so the system is a little more complicated than the traditional alt. The developer is Sunny King....so....it's different.

e1ghtSpace

legendary

Activity: 1554

Merit: 1001

Crypto since 2014

Quote from: cjmoles on November 01, 2015, 08:26:55 PM

Well, I have a secret technique to take advantage of the highs and lows of bitcoin. I buy Nubit with BTC when BTC prices are high and I buy BTC for Nubit when BTC prices are low....In that way my investment is safe while I can still profit off of higher futures for bitcoin. It seems to be working for me.

What is so good about Nubit, may I ask?
Does it have any advantage over other altcoins like newer features or something?

cjmoles

legendary

Activity: 1176

Merit: 1017

Well, I have a secret technique to take advantage of the highs and lows of bitcoin. I buy Nubit with BTC when BTC prices are high and I buy BTC for Nubit when BTC prices are low....In that way my investment is safe while I can still profit off of higher futures for bitcoin. It seems to be working for me.

e1ghtSpace

legendary

Activity: 1554

Merit: 1001

Crypto since 2014

Quote from: addy boy on October 31, 2015, 12:08:55 PM

Yeah I m doing it because the price of bitcoins changes now and then like last week it was 268 USD but this week it is 314 USD. Thats a huge difference. So main reason is the change in prices that can help to us to earn more but it can also that bitcoin price may fall anytime its not possible but still

Yeah, I hope it hasn't hit its top, but I think it is coming down again. Hopefully at the end of the year it is at $500 though, and the halving might give it a boost.

kostya.ash

sr. member

Activity: 294

Merit: 250

Quote from: addy boy on October 31, 2015, 12:08:55 PM

Yeah I m doing it because the price of bitcoins changes now and then like last week it was 268 USD but this week it is 314 USD. Thats a huge difference. So main reason is the change in prices that can help to us to earn more but it can also that bitcoin price may fall anytime its not possible but still

yeah same with, this time the price has gone up $314, are you want to sell now or continue to hold it dude ?

addy boy

full member

Activity: 182

Merit: 100

Yeah I m doing it because the price of bitcoins changes now and then like last week it was 268 USD but this week it is 314 USD. Thats a huge difference. So main reason is the change in prices that can help to us to earn more but it can also that bitcoin price may fall anytime its not possible but still

kostya.ash

sr. member

Activity: 294

Merit: 250

Quote from: davinchi on October 30, 2015, 10:07:53 PM

Quote from: MinerHQ on October 30, 2015, 07:49:46 PM

Quote from: kostya.ash on October 30, 2015, 09:28:45 AM

maybe with hold half for a price increase, i think the end of the year will reach $400 and I will sell it, quite profitable

That is good option, always trade with small quantities what you have then you can get over all better prices when you sell or buy at different levels.

Yes. Buying with all our money at one price is not at all recommended. You must wait for price up or down always, if price go down you can buy again which means you are getting a better average price. This is a general thumb rule of trading. So, it applies to bitcoin trading also.

yeah Sell or buy with all money very risk for both the price up or down,
sometimes i'm using this option half sell or half buy, more safer

BitmoreCoin

sr. member

Activity: 406

Merit: 250

Quote from: lumeire on October 31, 2015, 01:02:10 AM

Then we are back at this level again, wait for the price to bubble again and boom, dump again. The cycle continues as history continually repeats itself.

If the price rises in long term, then it does not matter. But for bitcoin to be used a way of payment, it has to be stable.

lixer

hero member

Activity: 2688

Merit: 588

Quote from: dothebeats on October 31, 2015, 12:44:43 AM

Quote from: teddy5145 on October 31, 2015, 12:41:31 AM

Quote from: TTMNewsMJ on October 31, 2015, 12:33:54 AM

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.

And when the price is right everyone would dump their Bitcoins
And then boom, a massive price drops happen Grin

It's natural and it's a part of the cycle. Unless people would realize that they don't need to convert to fiat before they can find bitcoin useful.

Yes that is the real situation will make people need not dumb when bitcoin is going to be more useful and spendable for real life itself. Till then people will convert bitcoin for fiats and get regulated by government.

dothebeats

legendary

Activity: 3542

Merit: 1352

Quote from: teddy5145 on October 31, 2015, 12:57:03 AM

Well, they don't need to convert their bitcoin to fiat
There's Bitcoin Debit card already Wink

They can spend their money with bitcoin without need to convert their money to fiat first

The problem is they are not looking into this thoroughly as they are scared of the fees they incur on getting a debit card. The possibilities are very limited right now with only bitcoins, but with the help of debit cards, things just got a little easier for almost everybody to spend their bitcoins.

lumeire

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Activity: 1848

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Next-Gen Trade Racing Metaverse

Quote from: teddy5145 on October 31, 2015, 12:41:31 AM

Quote from: TTMNewsMJ on October 31, 2015, 12:33:54 AM

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.

And when the price is right everyone would dump their Bitcoins
And then boom, a massive price drops happen Grin

Then we are back at this level again, wait for the price to bubble again and boom, dump again. The cycle continues as history continually repeats itself.

teddy5145

hero member

Activity: 714

Merit: 528

Quote from: dothebeats on October 31, 2015, 12:44:43 AM

Quote from: teddy5145 on October 31, 2015, 12:41:31 AM

Quote from: TTMNewsMJ on October 31, 2015, 12:33:54 AM

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.

And when the price is right everyone would dump their Bitcoins
And then boom, a massive price drops happen Grin

It's natural and it's a part of the cycle. Unless people would realize that they don't need to convert to fiat before they can find bitcoin useful.

Well, they don't need to convert their bitcoin to fiat
There's Bitcoin Debit card already Wink

They can spend their money with bitcoin without need to convert their money to fiat first

dothebeats

legendary

Activity: 3542

Merit: 1352

Quote from: teddy5145 on October 31, 2015, 12:41:31 AM

Quote from: TTMNewsMJ on October 31, 2015, 12:33:54 AM

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.

And when the price is right everyone would dump their Bitcoins
And then boom, a massive price drops happen Grin

It's natural and it's a part of the cycle. Unless people would realize that they don't need to convert to fiat before they can find bitcoin useful.

teddy5145

hero member

Activity: 714

Merit: 528

Quote from: TTMNewsMJ on October 31, 2015, 12:33:54 AM

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.

And when the price is right everyone would dump their Bitcoins
And then boom, a massive price drops happen Grin

TTMNewsMJ

full member

Activity: 126

Merit: 100

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.

cohnhead

hero member

Activity: 840

Merit: 1000

im holding and trying to get more. why....so many reasons...ponder this...

According to the world bank, world remittances are around 583 billion with banks and couriers taking an average 8% in fees. Couple that with the explosive population growth expected in those countries most affected by high remittance fees for low value transfers and you get kind of a perfect storm for something like bitcoin. How much will world remittance grow in the next 10 years? and How much of that will supplanted by btc? not even accounting for population growth....if it supplants only 1%.. it doubles bitcoins current market cap

2pak

member

Activity: 70

Merit: 10

Quote from: davinchi on October 30, 2015, 10:07:53 PM

Quote from: MinerHQ on October 30, 2015, 07:49:46 PM

Quote from: kostya.ash on October 30, 2015, 09:28:45 AM

maybe with hold half for a price increase, i think the end of the year will reach $400 and I will sell it, quite profitable

That is good option, always trade with small quantities what you have then you can get over all better prices when you sell or buy at different levels.

Yes. Buying with all our money at one price is not at all recommended. You must wait for price up or down always, if price go down you can buy again which means you are getting a better average price. This is a general thumb rule of trading. So, it applies to bitcoin trading also.

This is strategy of buying is best for long term investor who what to hold ther bitcoin in a long time.

davinchi

legendary

Activity: 2100

Merit: 1058

Quote from: MinerHQ on October 30, 2015, 07:49:46 PM

Quote from: kostya.ash on October 30, 2015, 09:28:45 AM

maybe with hold half for a price increase, i think the end of the year will reach $400 and I will sell it, quite profitable

That is good option, always trade with small quantities what you have then you can get over all better prices when you sell or buy at different levels.

Yes. Buying with all our money at one price is not at all recommended. You must wait for price up or down always, if price go down you can buy again which means you are getting a better average price. This is a general thumb rule of trading. So, it applies to bitcoin trading also.

yakelbtc

full member

Activity: 140

Merit: 100

0x7ae5adbc7a0429a49b6e6ed4a8a89ffbbae6125f

Quote from: ajun96 on October 30, 2015, 07:17:18 PM

Quote from: yanka50 on October 29, 2015, 09:20:45 AM

Currently I am holding my bitcoins waiting for a better price.

what do you mean about better price, because there are a lot of sense for a better price,

What he mean better price is high price for her that can satisfy with the price of bitcoin.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: kostya.ash on October 30, 2015, 09:28:45 AM

maybe with hold half for a price increase, i think the end of the year will reach $400 and I will sell it, quite profitable

That is good option, always trade with small quantities what you have then you can get over all better prices when you sell or buy at different levels.

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