Are you holding your bitcoin for a price increase? - page 66.

KennyR

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Quote from: Mr. Big on April 18, 2016, 03:03:16 AM

Quote from: nostal02 on April 18, 2016, 01:58:23 AM

Ive been looking at how the market is moving right now and i see that the price in growing so i decided just to hold my bitcoin and wait for the price to increase more.

If you have no other use of your coins, and your daily living is not dependent in bitcoin and you have extra savings in fiat, then keeping it in cold storage is a better idea...

Unlike the situation, if you're not depending upon bitcoin then just place it idle into the wallet. You may get a additional profit when the price reaches the halving.

BitsandBites

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Yeah of course this is what most Bitcoin users are doing they invest and buy Bitcoins to save them for some time and then sell them when the price goes up.
The price is now going up so Bitcoins users are now deciding what their next move is going to be.

ricardobs

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Quote from: romero121 on April 14, 2016, 10:50:01 AM

Quote from: umaOuma on April 14, 2016, 07:20:48 AM

Some of them I hold and some I spend when I am in need of any emergency, I know this is not the right time to spend but we earning so that we can spend when we need it.

I too do the same as quoted by above mate. One additional spending I do is the wasting in gambling though I have found myself unlucky in various events.

If you have money for gambling then you should not have to do as you quoted, because it mean that you have already a lot of money or your family have the ability to survive without your help, if they need you then you should not have to risk your money.

Text

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If I could have more bitcoins, yes I'm planning to hold it and trade/sell for the profit.
You can use strategy by trading/selling bitcoins so you better monitor the rate of it.
So now that I'm starting to earn money from signature campaign, I'd rather choose to keep it for future use since halving is coming 3-4 months from now.

arwin100

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Quote from: CryingMidget on April 18, 2016, 03:28:47 AM

Quote from: Mr. Big on April 18, 2016, 03:03:16 AM

Quote from: nostal02 on April 18, 2016, 01:58:23 AM

Ive been looking at how the market is moving right now and i see that the price in growing so i decided just to hold my bitcoin and wait for the price to increase more.

If you have no other use of your coins, and your daily living is not dependent in bitcoin and you have extra savings in fiat, then keeping it in cold storage is a better idea...

Yeah I would agree with that because most of the time, I use to transfer my bitcoin when I get Signature campaign payment. I am just putting bitcoins in my one of the wallet for long term. I would suggest to all to save their bitcoins until halving comes!

Yeah me to it is a excellent idea to store your bitcoin in your wallet that is what im doing right now and preparing for halving because if halving will happen we are happy earners fpr price increase and also im collecting my bitcoin from sig campaign and save it to my wallet and also indo tradings to gather more btc and if the halving time comes well im lucky earner by then.

CryingMidget

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Quote from: Mr. Big on April 18, 2016, 03:03:16 AM

Quote from: nostal02 on April 18, 2016, 01:58:23 AM

Ive been looking at how the market is moving right now and i see that the price in growing so i decided just to hold my bitcoin and wait for the price to increase more.

If you have no other use of your coins, and your daily living is not dependent in bitcoin and you have extra savings in fiat, then keeping it in cold storage is a better idea...

Yeah I would agree with that because most of the time, I use to transfer my bitcoin when I get Signature campaign payment. I am just putting bitcoins in my one of the wallet for long term. I would suggest to all to save their bitcoins until halving comes!

CoinSiteDesigner

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Quote from: Lokfar on April 18, 2016, 03:09:50 AM

I see in the result in voting that there are indeed a lot of people that is waiting for a price increase and that is nice because maybe we can make later more profit in the future.
The only thing that you dont know is that the price will rise in the halving so that is scary but we have just to wait and see.

It's because when you hold the BTC or buy new, the price will go up and up. But when everyone are selling at the same time than buying. That's when the price goes down. That is why I have seen alot of people buying when the price goes down, instead of being afraid. They just buy and sell when the price increases again.

Lokfar

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I see in the result in voting that there are indeed a lot of people that is waiting for a price increase and that is nice because maybe we can make later more profit in the future.
The only thing that you dont know is that the price will rise in the halving so that is scary but we have just to wait and see.

Mr. Big

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Quote from: nostal02 on April 18, 2016, 01:58:23 AM

Ive been looking at how the market is moving right now and i see that the price in growing so i decided just to hold my bitcoin and wait for the price to increase more.

If you have no other use of your coins, and your daily living is not dependent in bitcoin and you have extra savings in fiat, then keeping it in cold storage is a better idea...

CoinSiteDesigner

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Quote from: Facultid on April 17, 2016, 12:44:02 PM

I bought some bitcoin in the last 3 years. I did not sell a single one. I just used a few. I believe the price will rise.

Woah! 3 years ago? at what price?
as far as I know, at that time the price was around $1000. Now it's $430, so are you in profit or loss at this moment?

nostal02

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Ive been looking at how the market is moving right now and i see that the price in growing so i decided just to hold my bitcoin and wait for the price to increase more.

alisafidel58

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Quote from: xIIImaL on April 18, 2016, 01:10:44 AM

Quote from: Enotche on April 18, 2016, 01:04:05 AM

Yes, i wait for price increase.
I invested a portion of my income in Bitcoin. And some won in profit. I invested in the past year, when the rate was about $ 360, and now Bitcoin course already $ 430. Naturally, I made a profit. And I will continue to invest. Especially since soon the event - halving.

I am holding bitcoin for long-term investment. I will sell it when the price increase to gain some profit from trading.

Holding would be great now because the price is increasing rapidly and if we hold more days or months there will come a time that we will gain more profit.

xIIImaL

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Quote from: Enotche on April 18, 2016, 01:04:05 AM

Yes, i wait for price increase.
I invested a portion of my income in Bitcoin. And some won in profit. I invested in the past year, when the rate was about $ 360, and now Bitcoin course already $ 430. Naturally, I made a profit. And I will continue to invest. Especially since soon the event - halving.

I am holding bitcoin for long-term investment. I will sell it when the price increase to gain some profit from trading.

jak1

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Of course mostly people holding bitcoins for increased the price. I believe in that time when halving is coming now mostly people holding their bitcoins for increased the price, i m also waiting for halving because bitcoin's price increased very fast. but use your sense then you get profit because it depend on you how you get profit.

Enotche

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Yes, i wait for price increase.
I invested a portion of my income in Bitcoin. And some won in profit. I invested in the past year, when the rate was about $ 360, and now Bitcoin course already $ 430. Naturally, I made a profit. And I will continue to invest. Especially since soon the event - halving.

lister storm

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Quote from: vero on April 18, 2016, 12:05:52 AM

Quote from: lipshack15 on April 17, 2016, 12:47:57 PM

yes i always do because i believe that the price will continue to up or increase if i reach my estimated price i will sell it

yes you're right, I am sure you are a reliable traders because you have your own target for take a profit and that's important rather than just saying hold or buy as i can.

i cannot agree with the opinion that trading is a better choice right now than just buying vast amounts of bitcoins and holding it because both are pretty good strategies

though in my opinion bitcoin trading might be dangerous sometimes thus it wont allow you to make good money if you make some mistakes or buy at the incorrect time so its better to hold

vero

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Quote from: lipshack15 on April 17, 2016, 12:47:57 PM

yes i always do because i believe that the price will continue to up or increase if i reach my estimated price i will sell it

yes you're right, I am sure you are a reliable traders because you have your own target for take a profit and that's important rather than just saying hold or buy as i can.

goinmerry

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Quote from: Johnny00 on April 17, 2016, 09:37:51 PM

Everyone on this board thinks price will jump In July but a lot of people are going to be disappointed. Price might even drop. Everyone is just holding bitcoin. Are they actually using it to buy and sell goods and services? If we look at bitcoin as a currency then the price shouldn't change much if it's like gold people will flock to it I another recession. Bitcoin is caught in the middle of both these world's.

I am one of the users that buy and sell good for it. I keep it circulating although the price is not moving much I still get some profit from it. So that will be better than nothing.

sirohige

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yesim holding bitcoin for increase price. also i save some bitcoin for future reference hope someday in future my bitcoin worth to buy home Roll Eyes

Johnny00

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Everyone on this board thinks price will jump In July but a lot of people are going to be disappointed. Price might even drop. Everyone is just holding bitcoin. Are they actually using it to buy and sell goods and services? If we look at bitcoin as a currency then the price shouldn't change much if it's like gold people will flock to it I another recession. Bitcoin is caught in the middle of both these world's.

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