Attitude toward daily Bitcoin price | Bitcointalksearch.org

abrahamlitcoin

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Quote from: Morecoin Freeman on October 30, 2014, 02:27:42 AM

April 2013: Bitcoin price went from $260 per coin to just $45 per coin.
November 2013: Price reached $1200 per coin...

It might feel counter intuitive to invest in today's descending bitcoin market but from a speculative viewpoint it is an opportunity actually. Average Joe will likely not see this.

I just wish that rise would happen again anytime soon. Its Christmas time you know.

Morecoin Freeman

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Legendary trader

April 2013: Bitcoin price went from $260 per coin to just $45 per coin.
November 2013: Price reached $1200 per coin...

It might feel counter intuitive to invest in today's descending bitcoin market but from a speculative viewpoint it is an opportunity actually. Average Joe will likely not see this.

Unbelive

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Quote from: pattu1 on October 26, 2014, 01:05:57 AM

Quote from: cinder on October 21, 2014, 10:45:52 AM

Quote from: Morecoin Freeman on October 16, 2014, 04:05:53 PM

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time.

When the price is down I see it as an opportunity to invest at a more favorable price.

The problem is if the price crash to 100, the people screaming they will go all in will suddenly lose their balls to do so.

Forget going all in, if price crashes to $100, quite a few people might exit bitcoins.

And much more would enter to it. Low price only helps. And helps a lot.

RonPaulBTC

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You have to remain calm, otherwise it's your problem. You already know you are getting into a very volatile asset.

BIT-Sharon

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Yes, it is somehow a speculation. Any speculation is based on the up and down of prices of a product. W

aronnov

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clear bitcoin prices are now declining, investing in bitcoin at risk, whether there will be a loss or a profit, all investment was like that, now how do we choose whether the investment is really beneficial for us or not ... Roll Eyes

BootstrapCoinDev

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Quote from: Johanna on October 26, 2014, 07:07:27 AM

Quote from: pattu1 on October 26, 2014, 01:05:57 AM

Quote from: cinder on October 21, 2014, 10:45:52 AM

Quote from: Morecoin Freeman on October 16, 2014, 04:05:53 PM

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time.

When the price is down I see it as an opportunity to invest at a more favorable price.

The problem is if the price crash to 100, the people screaming they will go all in will suddenly lose their balls to do so.

Forget going all in, if price crashes to $100, quite a few people might exit bitcoins.

I will be going in if the price crash to $100

Let me know in advance, when you planning to do that. Wink

I need to liquidate some things, to buy up all those cheap coins. With the situation like it is now with BTC we can only see one thing happening, and that is a climb to $600+ by the end of this year.
Not a bad ROI if this happens.

Johanna

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Quote from: pattu1 on October 26, 2014, 01:05:57 AM

Quote from: cinder on October 21, 2014, 10:45:52 AM

Quote from: Morecoin Freeman on October 16, 2014, 04:05:53 PM

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time.

When the price is down I see it as an opportunity to invest at a more favorable price.

The problem is if the price crash to 100, the people screaming they will go all in will suddenly lose their balls to do so.

Forget going all in, if price crashes to $100, quite a few people might exit bitcoins.

I will be going in if the price crash to $100

pattu1

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Quote from: cinder on October 21, 2014, 10:45:52 AM

Quote from: Morecoin Freeman on October 16, 2014, 04:05:53 PM

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time.

When the price is down I see it as an opportunity to invest at a more favorable price.

The problem is if the price crash to 100, the people screaming they will go all in will suddenly lose their balls to do so.

Forget going all in, if price crashes to $100, quite a few people might exit bitcoins.

fa

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Quote from: Morecoin Freeman on October 16, 2014, 04:05:53 PM

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time.

When the price is down I see it as an opportunity to invest at a more favorable price.

Yes people's attitude is so tricky.
In my eyes, price low == good news, more new comers will be in, price will be up soon.
price high == good news, my btc is worth more fiat. But hell I won't sell it Grin

indiangrad

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Quote from: Morecoin Freeman on October 16, 2014, 04:05:53 PM

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time.

When the price is down I see it as an opportunity to invest at a more favorable price.

I guess it is like stock market for now. You say a lot of things with hindsight knowledge. Only once it becomes a bluechip firm in stock market language, can we expect that volatility will reduce. The next step would be becoming currency of the level of a dollar

Sophie.Greek

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using Bitcoin when I need to transfer funds

Lethn

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I treat Bitcoin as a currency, not a form of speculative investment, that's what a lot of people you've pointed out are using Bitcoin for, when things go badly for them they try to blame the currency for their problems, there will definitely be some crazy price swings, but for those who stick around and accumulate instead of selling on every price rise they'll end up with thousands while the speculators who just wanted to cash out in paper will be screwed because of the economic collapse.

The only way I'd cash out on Bitcoin now after seeing it's performance is to buy gold and silver.

cinder

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Quote from: Morecoin Freeman on October 16, 2014, 04:05:53 PM

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time.

When the price is down I see it as an opportunity to invest at a more favorable price.

The problem is if the price crash to 100, the people screaming they will go all in will suddenly lose their balls to do so.

Thylacine

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Well the fiat price is up over 100% from when I bought in, so I'm pretty pleased. Can't get those gains in a managed fund over 12 months ...

Captain Hindsight would have sold at the peak and be rolling in spare cash, but I'm happy with my decision to hold then and now. The USD purchasing power has rebounded as well so I'm not too fussed with the BTC price drops of late. Start testing $100 and I'll be looking at my position maybe. Sad

Either way, the blockchain technology is the big winner here, even if the price tends to $0 we've all still got something out of this experiment which will no doubt be built upon and replicated.

Fioraver

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Gamblica Pre-Sale launch 01.03.2018!

shut down, we are going to death...

CryptoCarmen

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Quote from: leen93 on October 19, 2014, 10:06:46 AM

I'm sure btc price will go up,
I had over 10 btc but lost more than 8 by 2 thefts, I'll just keep them in a cold storage and don't take them out before 2018

you should not offer your valets others so easy. I understand that people are not cautious and lose coins once, but twice is a bit strange to happen.

leen93

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I'm sure btc price will go up,
I had over 10 btc but lost more than 8 by 2 thefts, I'll just keep them in a cold storage and don't take them out before 2018

TrailingComet

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I try to ignore daily px moves as much as possible. I check around 2 to3 times a week so I have a feel for what's going on

pattu1

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Quote from: scarsbergholden on October 17, 2014, 07:31:59 PM

Quote from: spazzdla on October 17, 2014, 10:10:43 AM

I find it hard to believe anyone that holds BTC feels zero joy on a rise and sadness on a drop.

The best investors do not allow emotion to get to them when making investing decisions. IF someone were to have joy (greed) when the price is appreciating and sadness (fear) when the price is falling they have a much greater chance of losing money and/or having a lesser return on their investment

If you are not a good investor, you should outsource it to professionals. Unfortunately, retain investors do not have too many options to that in the bitcoin space.

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