Topic: Makes any sense to buy now? - page 2. (Read 4618 times)
Buy now or never, its going to shoot up to 1000$ when mtgox..
I have 25 BTC inside Coinbase, just in case if I need to Dump because its High or Low.
Wouldn't that have risks within itself? Not a trading risk; a risk of loss of investment due to technology mishaps? ("hacking")?
When I first started, I think I held all my BTC at coinbase and didn't have any problems. Mainly because I didn't know any different, because I did not have anyone to teach me what to do. As I read and learned more, i spread the coins to different spots, and sent some to BTC-E to trade.
You can tell just by the way he speaks of it, that 25BTC (while still a good amount of money), isn't life altering for him, so he is using as a hedge in case he needs to quickly sell some off.
This all depends on how long you can tie up your funds for. If you don't need the money back for 6months+, or even better 1-3 years, then it is probably a great time to buy. If you are just looking to turn a quick profit, then it is probably better to sit on the sidelines for the next few weeks to see how things develop. Yes, you may end up having to buy in at an even higher price, but I think the likelihood of picking up some coins in the $500s is pretty decent. Short term, I could see it dipping even more, but over the long term, I am confident that the prices will go back up.
I have 25 BTC inside Coinbase, just in case if I need to Dump because its High or Low.
Wouldn't that have risks within itself? Not a trading risk; a risk of loss of investment due to technology mishaps? ("hacking")?
Best time if you have some extra cash. But you would need to wait a bit for price to get higher, because bitcoin is still influencing from Mt. Gox's problems.
I think we are in a bubble. I think there is going to be a huge crash soon (1-2months), with 1BTC = $100
So right now, I'm HODLING, and I'm poised waiting for the Bitcoin Black Monday
So why you don't shotr now and buy back in 2 months?So right now, I'm HODLING, and I'm poised waiting for the Bitcoin Black Monday
If you could afford it, invest a little, don't go crazy.
For those who are PM how im spread . I like cover every possible angel, to prevent major losses. (I sold 90% of my BTC back on early December, and keeper the FIAT)
What I have:
I have 10 BTC in Holding value at current rate around $6.5k USD. This is Plan B, this is to protect me just in case it Goes UP. (if it goes down, I would loose on Plan B)
Then I have,
5 BTC and $6950 USD in FIAT inside my Favorite market BTC-e.
And Finally,
I have 25 BTC inside Coinbase, just in case if I need to Dump because its High or Low.
I think we are in a bubble. I think there is going to be a huge crash soon (1-2months), with 1BTC = $100
So right now, I'm HODLING, and I'm poised waiting for the Bitcoin Black Monday
So why you don't shotr now and buy back in 2 months? So right now, I'm HODLING, and I'm poised waiting for the Bitcoin Black Monday
But that isn't to say that Bitcoin is a bad investment. It can be more considered a risky investment more-or-less.
Risk is often taken as synonymous with volatility, in finance. BTC is certainly volatile. However, a predictably large proportion of that volatility is derived from massive upward moves. For that reason, I deem it a good investment.
I think we are in a bubble. I think there is going to be a huge crash soon (1-2months), with 1BTC = $100 USD.
The media will proclaim that Bitcoin is over.
Then...slowly, the price will begin to drift up...and we'll look back and say "Bitcoin is back!" "Bit coin rises from the ashes!" At this point, the real adoption will begin and Bitcoin will stabilize.
So right now, I'm HODLING, and I'm poised waiting for the Bitcoin Black Monday.
(This is just my gut feeling. NO ONE...I don't care if they're Warren Buffet or Jimmy Buffet knows whether Bitcoin is going to go up, down, sideways or in fucking circles. Least of all people on this forum!)
The media will proclaim that Bitcoin is over.
Then...slowly, the price will begin to drift up...and we'll look back and say "Bitcoin is back!" "Bit coin rises from the ashes!" At this point, the real adoption will begin and Bitcoin will stabilize.
So right now, I'm HODLING, and I'm poised waiting for the Bitcoin Black Monday.
(This is just my gut feeling. NO ONE...I don't care if they're Warren Buffet or Jimmy Buffet knows whether Bitcoin is going to go up, down, sideways or in fucking circles. Least of all people on this forum!)
I agree with your last comment. Bitcoin is a rather unknown investment in it's nature right now. No one does know... Everyone has their own theories but no one will know for sure until the time comes. It isn't like a company with a future plan and set goals which should propose a good investment. Everything is and will be up in the air at least for a little while.
Edit: But that isn't to say that Bitcoin is a bad investment. It can be more considered a risky investment more-or-less.
Around 450-550, Gox to 50$.
Will stay like that for a while, unless we get very very good news.
Will stay like that for a while, unless we get very very good news.
This seems a very good estimate to me. Fundamental value is about 640, but sentiment is very negative. Remember, however, that fundamental value is trending up, doubling roughly every 100 days presently, so the undervaluation is unlikely to persist for very long.
I think we are in a bubble. I think there is going to be a huge crash soon (1-2months), with 1BTC = $100 USD.
The media will proclaim that Bitcoin is over.
Then...slowly, the price will begin to drift up...and we'll look back and say "Bitcoin is back!" "Bit coin rises from the ashes!" At this point, the real adoption will begin and Bitcoin will stabilize.
So right now, I'm HODLING, and I'm poised waiting for the Bitcoin Black Monday.
(This is just my gut feeling. NO ONE...I don't care if they're Warren Buffet or Jimmy Buffet knows whether Bitcoin is going to go up, down, sideways or in fucking circles. Least of all people on this forum!)
The media will proclaim that Bitcoin is over.
Then...slowly, the price will begin to drift up...and we'll look back and say "Bitcoin is back!" "Bit coin rises from the ashes!" At this point, the real adoption will begin and Bitcoin will stabilize.
So right now, I'm HODLING, and I'm poised waiting for the Bitcoin Black Monday.
(This is just my gut feeling. NO ONE...I don't care if they're Warren Buffet or Jimmy Buffet knows whether Bitcoin is going to go up, down, sideways or in fucking circles. Least of all people on this forum!)
))Yea I believe it will crash soon, and then return back to a lower mean and then slowly raise.
Unless a whale takes action or there is some huge change in news etc
Unless a whale takes action or there is some huge change in news etc
Yup
At which level do you expect bitcoin to drop to?
Around 450-550, Gox to 50$.
Will stay like that for a while, unless we get very very good news.
It's a great time to buy. The sooner the better IMHO.
Yea I believe it will crash soon, and then return back to a lower mean and then slowly raise.
Unless a whale takes action or there is some huge change in news etc
Unless a whale takes action or there is some huge change in news etc
Yup
At which level do you expect bitcoin to drop to?
Yea I believe it will crash soon, and then return back to a lower mean and then slowly raise.
Unless a whale takes action or there is some huge change in news etc
Unless a whale takes action or there is some huge change in news etc
Yup
Yea I believe it will crash soon, and then return back to a lower mean and then slowly raise.
Unless a whale takes action or there is some huge change in news etc
Unless a whale takes action or there is some huge change in news etc
You shouldn't put any money in bitcoins that you can't afford to lose. Plain and simple. Can't be simpler than that.
If you have extra money outside what you need for your sustenance and have a decent nest egg, sure go ahead. But you need to have a frame of mind that will let you ride the volatility and buy into weakness. Otherwise if you'll just cry mommy on every selloff, do everyone a favor and not buy.
If you have extra money outside what you need for your sustenance and have a decent nest egg, sure go ahead. But you need to have a frame of mind that will let you ride the volatility and buy into weakness. Otherwise if you'll just cry mommy on every selloff, do everyone a favor and not buy.
+1
I wouldn't buy at this moment, Bitcoin has a down trend and it think it might be a Bubble, look at wiki for a bubble pattern. Hopefully I'm wrong.
You shouldn't put any money in bitcoins that you can't afford to lose. Plain and simple. Can't be simpler than that.
If you have extra money outside what you need for your sustenance and have a decent nest egg, sure go ahead. But you need to have a frame of mind that will let you ride the volatility and buy into weakness. Otherwise if you'll just cry mommy on every selloff, do everyone a favor and not buy.
If you have extra money outside what you need for your sustenance and have a decent nest egg, sure go ahead. But you need to have a frame of mind that will let you ride the volatility and buy into weakness. Otherwise if you'll just cry mommy on every selloff, do everyone a favor and not buy.
If you have some extra money buy bitcoins because i think the price will go up, also as a backup i would recommend you to sign up at a site that offers usd/btc for trading with a high leverage and put an order on sell there so if the price goes up you will win with bitcoins you've bought if it goes down you will win with the trade on forex market
if it goes down you will have profit from forex you can close that position cash out and buy more btc as the price will be more down and after that the only way is up in my opinion!
i think it may reach 500$/BTC soon but don't think it will stay more than a few days there as we all wait for mtgox to die and since that is the biggest exchange the price will go down
but the good news is that everyone knows it will gonna die and no one will make new accounts there to risk their money
in the long term STRONG BUY!
short term SELL! (14 days)
and if you watched the exchanges btc-e, bitstamps, localbitcoins, mtgox you already know that mtgox was somehow declaring the BTC value and since it's on his way down a new exchange has to take his place and no one did it yet!
if it goes down you will have profit from forex you can close that position cash out and buy more btc as the price will be more down and after that the only way is up in my opinion!
i think it may reach 500$/BTC soon but don't think it will stay more than a few days there as we all wait for mtgox to die and since that is the biggest exchange the price will go down
but the good news is that everyone knows it will gonna die and no one will make new accounts there to risk their money
in the long term STRONG BUY!
short term SELL! (14 days)
and if you watched the exchanges btc-e, bitstamps, localbitcoins, mtgox you already know that mtgox was somehow declaring the BTC value and since it's on his way down a new exchange has to take his place and no one did it yet!
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