Author

Topic: I want to Buy or Multiply bitcoins (Read 266 times)

newbie
Activity: 21
Merit: 0
September 14, 2017, 03:32:03 PM
#4
It seems that you guys are in panic or lazy. Roll Eyes
Most people still treat BTC as asset , but it is a currency.

What would you do when USD loses its value? You invest it to something with potential future return (in USD).

So my question where you (not lazy  Cheesy) guys invest your BTC to?
 

full member
Activity: 420
Merit: 136
September 14, 2017, 10:48:03 AM
#3
As the post above said, it depends if you believe in the coin longer term. If you believe then it doesn't matter overly if you invest now at $3500 or wait and maybe invest at $3000, in the long run if btc hits $5k or higher then you will have made a nice profit. If you are looking for shorter time profit then you need to decide more on what you think the outlook is for the coming days or weeks, this is where your decision becomes much more difficult because it is still unclear as to how the situation in China will progress. Personally for the short term I would not be buying btc.
legendary
Activity: 1610
Merit: 1183
September 14, 2017, 10:41:25 AM
#2
Ideas for quick BTC investment?

Bitcoin fluctuation now creates certain momentum for action.

The worst strategy is to hold them and wait that "nothing" happens.
Selling it - is the sign of personal weakness and panic
Buying it - is for those who likes opportunities (perhaps me)
Investing - perhaps is the best strategy now. (it's me  Grin )

What do you think?


Not doing anything is as valid of an option as the next one, this is investing 101.

If you are not sure what's going to happen and you believe in the fundamentals (and in this case, I believe in the fundamentals of Bitcoin regardless of price action, so im holding through the storm).

You risk losing your position hoping that the price will go lower to re-buy cheaper. You can't know where the bottom is. It could be current price or not, who cares if we will be back at $5000+
newbie
Activity: 21
Merit: 0
September 14, 2017, 09:57:22 AM
#1
Ideas for quick BTC investment?

Bitcoin fluctuation now creates certain momentum for action.

The worst strategy is to hold them and wait that "nothing" happens.
Selling it - is the sign of personal weakness and panic
Buying it - is for those who likes opportunities (perhaps me)
Investing - perhaps is the best strategy now. (it's me  Grin )

What do you think?
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