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Topic: Reason why you should Buy bitcoin now - page 84. (Read 60262 times)

sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 28, 2016, 09:50:37 PM
...

I have always been an advocate of steady buying, at approximately equal dollar amounts (and its very close cousin: dollar cost averaging).  I bought a small amount (in BTC) just this week.

So even if BTC price keeps going up, you would buy LESS BTC for about the same $ as last time.  Price goes down, you would be more BTC.  Slow but steady buying also means that you ARE buying, and that you will not lose out big-time (nor, of course, would you have made massive profits by buying at the bottom).  But, NO ONE can adequately predict the future, so slow but steady buying of Bitcoin (as an investment/speculation) makes sense to me.
I like what you are doing, you do it slowly but with consistency you will be able to accumulate a bigger amount of bitcoin. Price fall back may happen soon but who cares, bitcoin is strong and it will rise back easily.
hero member
Activity: 2590
Merit: 644
December 28, 2016, 09:47:39 PM
with some effort I could buy 2 BTC right now but I don't know if I should do it with these prices. A lot of people seems to be on the same situation

It's almost 1000$ today. It could be 2000$ tomorrow. It could fall back to 300$. We never really know what will happen in a few days.
It's for sure a quite risky investment. I guess you just shouldn't invest what you can't lose.

On my side : I'm ready to invest more and more in the coming month. I'm quite sure in the long-run it will be worth more than today.

Exactly, bitcoin is unpredictable, because it can grow anytime and it can drop back anytime too, so it is somehow risky to invest in it no matter how fast it is growing at the moment, but as mentioned, in the long run we believe it will always get higher than what it is right now.
In terms of price it doesn't matter how high it is or how it is because if you are a long term investor or trader then you don't care about the price now because you will hold your shares or bitcoins for a long time like 3 years or more. So the risk of getting loss from your investment is very low and it chance of getting good profit is still very high since you are doing long term even you bought bitcoin now.
legendary
Activity: 2940
Merit: 1865
December 28, 2016, 09:28:32 PM
...

I have always been an advocate of steady buying, at approximately equal dollar amounts (and its very close cousin: dollar cost averaging).  I bought a small amount (in BTC) just this week.

So even if BTC price keeps going up, you would buy LESS BTC for about the same $ as last time.  Price goes down, you would be more BTC.  Slow but steady buying also means that you ARE buying, and that you will not lose out big-time (nor, of course, would you have made massive profits by buying at the bottom).  But, NO ONE can adequately predict the future, so slow but steady buying of Bitcoin (as an investment/speculation) makes sense to me.

hero member
Activity: 882
Merit: 506
December 28, 2016, 08:54:26 PM
with some effort I could buy 2 BTC right now but I don't know if I should do it with these prices. A lot of people seems to be on the same situation

It's almost 1000$ today. It could be 2000$ tomorrow. It could fall back to 300$. We never really know what will happen in a few days.
It's for sure a quite risky investment. I guess you just shouldn't invest what you can't lose.

On my side : I'm ready to invest more and more in the coming month. I'm quite sure in the long-run it will be worth more than today.

Exactly, bitcoin is unpredictable, because it can grow anytime and it can drop back anytime too, so it is somehow risky to invest in it no matter how fast it is growing at the moment, but as mentioned, in the long run we believe it will always get higher than what it is right now.

but now there is a sense to buy Bitcoin for long-term investment. Those who want to get rich quick, even better invest in something else

Bitcoin is indeed a volatile instrument for an investment. But I think it is still worth it to invest in to generally aim for a profit. It seems it will still be rising till $1,000 and if it does probably a lot of people would sell their bitcoins and wait till the price would correct. Then after correcting around $800 to $900, it will bounce back to $1,000 or even higher.
full member
Activity: 210
Merit: 100
December 28, 2016, 01:11:49 PM
with some effort I could buy 2 BTC right now but I don't know if I should do it with these prices. A lot of people seems to be on the same situation

It's almost 1000$ today. It could be 2000$ tomorrow. It could fall back to 300$. We never really know what will happen in a few days.
It's for sure a quite risky investment. I guess you just shouldn't invest what you can't lose.

On my side : I'm ready to invest more and more in the coming month. I'm quite sure in the long-run it will be worth more than today.

Exactly, bitcoin is unpredictable, because it can grow anytime and it can drop back anytime too, so it is somehow risky to invest in it no matter how fast it is growing at the moment, but as mentioned, in the long run we believe it will always get higher than what it is right now.

but now there is a sense to buy Bitcoin for long-term investment. Those who want to get rich quick, even better invest in something else
sr. member
Activity: 672
Merit: 250
December 28, 2016, 11:26:56 AM
with some effort I could buy 2 BTC right now but I don't know if I should do it with these prices. A lot of people seems to be on the same situation

It's almost 1000$ today. It could be 2000$ tomorrow. It could fall back to 300$. We never really know what will happen in a few days.
It's for sure a quite risky investment. I guess you just shouldn't invest what you can't lose.

On my side : I'm ready to invest more and more in the coming month. I'm quite sure in the long-run it will be worth more than today.

Exactly, bitcoin is unpredictable, because it can grow anytime and it can drop back anytime too, so it is somehow risky to invest in it no matter how fast it is growing at the moment, but as mentioned, in the long run we believe it will always get higher than what it is right now.
sr. member
Activity: 407
Merit: 250
DAG, Built-in Chat and Conditional Payments
December 28, 2016, 11:20:35 AM
I can not predict the future and say that Bitcoin will keep rising in price. But one thing is certain, people who have been patient and who have been holding Bitcoin for the last months and years, have not been disappointed.
Obviously, it's not easy to hold, this requires planning, strategy, discipline... but if efforts are put into the right thing to do, the financial returns can be rewarding.
hero member
Activity: 672
Merit: 500
December 28, 2016, 08:45:38 AM
with some effort I could buy 2 BTC right now but I don't know if I should do it with these prices. A lot of people seems to be on the same situation

It's almost 1000$ today. It could be 2000$ tomorrow. It could fall back to 300$. We never really know what will happen in a few days.
It's for sure a quite risky investment. I guess you just shouldn't invest what you can't lose.

On my side : I'm ready to invest more and more in the coming month. I'm quite sure in the long-run it will be worth more than today.
Actually it is you who do not know that what will happen in the coming few days while all of the other users of bitcoins know that the coming days and coming future is much better and the coin will flourish as it is already adopted by a number of people and now more are adopting so it is nonsense to say that the price of bitcoin will come to lower again.
hero member
Activity: 861
Merit: 1001
December 28, 2016, 08:39:00 AM
with some effort I could buy 2 BTC right now but I don't know if I should do it with these prices. A lot of people seems to be on the same situation

It's almost 1000$ today. It could be 2000$ tomorrow. It could fall back to 300$. We never really know what will happen in a few days.
It's for sure a quite risky investment. I guess you just shouldn't invest what you can't lose.

On my side : I'm ready to invest more and more in the coming month. I'm quite sure in the long-run it will be worth more than today.
sr. member
Activity: 574
Merit: 251
December 28, 2016, 07:08:03 AM
with some effort I could buy 2 BTC right now but I don't know if I should do it with these prices. A lot of people seems to be on the same situation
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
December 28, 2016, 06:49:36 AM
We should buy bitcoin because bitcoin is spreading so fast and people all over the world accepting bitcoin cordially.Again,bitcoin price is increasing incredibly and bitcoin is growing so fast.Bitcoin also giving us many facilities so we should buy bitcoin.
The price of bitcoin is steadily increasing, I think when bitcoin price dropped to $850 then this is time to buy but I don't think bitcoin will dropped to $850 again? haha, let's hope bitcoin price will hit to $1000 next year. ;-D

There is still a chance that bitcoin will drop $850 but we don't know when it is going to happen. And for those people who are hoping that the price is going to decrease better not to make yourself late because the chance of bitcoins continuous price increase is also there. Possibly that $1,000 marked of bitcoins value can happen.

you are right, I think so that you guys should not be late because as of now it seems possible for the price to get more higher . you still have enough time before the year end because I think bitcoin will hit $1000 at the end of the year and maybe after the 2017 started there's also a possibility that it will be more higher so if you still want to get profit within a few weeks this time is still a good time for you guys .
full member
Activity: 224
Merit: 100
December 28, 2016, 05:01:25 AM
simple answer from me , because for invesment
bitcoin is real invesment..
Yes true, bitcoin is the most profitable investment. Everyone knows, the current investment is slow-moving even fell, bank interest only 7% per year, so people choose emptying their bank account and choose bitcoin.

7% ? isn't it a bit high? may i ask what is the inflation rate in your country.

anyways, if we are only considering bitcoin as an investment then it has been performing pretty good compared to other investments that are available to us. and it is one of the safest ways to store money.

and another big reason for buying bitcoin, is to use bitcoin as a currency which most people overlook. bitcoin is actually a very good currency when you start using it.
Average inflation each months in my country according statistical data about 2.5%. I agree if bitcoin very good investment but in not yet as currency until the government accept it.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
December 28, 2016, 03:12:44 AM
simple answer from me , because for invesment
bitcoin is real invesment..
Yes true, bitcoin is the most profitable investment. Everyone knows, the current investment is slow-moving even fell, bank interest only 7% per year, so people choose emptying their bank account and choose bitcoin.

7% ? isn't it a bit high? may i ask what is the inflation rate in your country.

anyways, if we are only considering bitcoin as an investment then it has been performing pretty good compared to other investments that are available to us. and it is one of the safest ways to store money.

and another big reason for buying bitcoin, is to use bitcoin as a currency which most people overlook. bitcoin is actually a very good currency when you start using it.
full member
Activity: 224
Merit: 100
December 27, 2016, 08:41:37 PM
simple answer from me , because for invesment
bitcoin is real invesment..
Yes true, bitcoin is the most profitable investment. Everyone knows, the current investment is slow-moving even fell, bank interest only 7% per year, so people choose emptying their bank account and choose bitcoin.
hero member
Activity: 756
Merit: 501
December 27, 2016, 08:18:48 PM
I cant advice anyone to enter into bitcoin at the moment, purchasing them directly, due to the fact that there isnt nothing to make bitcoin being traded above 600-800 dollars, besides people does wanna go shopping with their bitcoin, and looks like miners does wanna to grow their profit once again, since they lost 50% rewards and bitcoin were traded at 400 and the halving pushed into 500-600 dollars, now they are making a heavy investement with the hope to see the community supporting their pump.
hero member
Activity: 826
Merit: 502
December 27, 2016, 04:58:26 PM

The main reason now to buy bitcoin is to get a profit and with the recent change of 100 USD within the day this is gorgeous.
Profit was always the reason but soon there will be much more opportunities to spend bitcoins hopefully.
you are right. The main reason to buy bitcoin now is to earn a profit. you may be able to get a profit of $ 20- $ 100 in a few days.
if you buy a lot of bitcoin, imagine, you might get a considerable profit. but, there is always a risk in this case, because the price may fall.


Exactly, there is always a risk on buying bitcoin since we do not know the rising and falling of the value of bitcoin now, but then buying bitcoin now will make you more profitable when the value of it will continue rising.
Buy bitcoin now because we do not know before year ends we have four digits value.


I don't know if buying may be the right choice right now the price it is very high at more than 925 dollars so maybe it will be a good idea to wait for a slight price decrease before buying.
I think you are losing the opportunity to earn in the coming days and weeks as in the coming days and weeks the price of bitcoin will increase more higher and will not go back so if any person will buy bitcoin now then he will get a good profit.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 27, 2016, 04:32:57 PM

The main reason now to buy bitcoin is to get a profit and with the recent change of 100 USD within the day this is gorgeous.
Profit was always the reason but soon there will be much more opportunities to spend bitcoins hopefully.
you are right. The main reason to buy bitcoin now is to earn a profit. you may be able to get a profit of $ 20- $ 100 in a few days.
if you buy a lot of bitcoin, imagine, you might get a considerable profit. but, there is always a risk in this case, because the price may fall.


Exactly, there is always a risk on buying bitcoin since we do not know the rising and falling of the value of bitcoin now, but then buying bitcoin now will make you more profitable when the value of it will continue rising.
Buy bitcoin now because we do not know before year ends we have four digits value.


I don't know if buying may be the right choice right now the price it is very high at more than 925 dollars so maybe it will be a good idea to wait for a slight price decrease before buying.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 27, 2016, 07:06:26 AM
We should buy bitcoin because bitcoin is spreading so fast and people all over the world accepting bitcoin cordially.Again,bitcoin price is increasing incredibly and bitcoin is growing so fast.Bitcoin also giving us many facilities so we should buy bitcoin.
The price of bitcoin is steadily increasing, I think when bitcoin price dropped to $850 then this is time to buy but I don't think bitcoin will dropped to $850 again? haha, let's hope bitcoin price will hit to $1000 next year. ;-D
true what you said. yesterday the price had dropped back to $ 850 ~. should last you could buy some bitcoin dude, because currently the price go up to $ 900
I would sell my bitcoin now and wait for prices to go back down and buy back
You are not patient enough man... The increasing is back. Bitcoin price has hit $910 again. It is not very wise to sell Bitcoin at this time because it can easily cross $1000 in early 2017. I am not so panic when I saw Bitcoin prices dropped to $850 because I could see the vision that it will be back again. And I am right Cheesy
We still have 4 days to go to end this year, with the rate that is going on right now, I still believe we will be able to make it to $1,000 by the end of this year.
full member
Activity: 218
Merit: 100
December 27, 2016, 06:54:13 AM
We should buy bitcoin because bitcoin is spreading so fast and people all over the world accepting bitcoin cordially.Again,bitcoin price is increasing incredibly and bitcoin is growing so fast.Bitcoin also giving us many facilities so we should buy bitcoin.
The price of bitcoin is steadily increasing, I think when bitcoin price dropped to $850 then this is time to buy but I don't think bitcoin will dropped to $850 again? haha, let's hope bitcoin price will hit to $1000 next year. ;-D
true what you said. yesterday the price had dropped back to $ 850 ~. should last you could buy some bitcoin dude, because currently the price go up to $ 900
I would sell my bitcoin now and wait for prices to go back down and buy back

I believe in Bitcoin, but its price is now high, so do not think that now you can buy it. I certainly do not want the price to fall, but I think soon it will fall to 100 - 150 dollars
hero member
Activity: 518
Merit: 500
December 27, 2016, 05:06:54 AM
We should buy bitcoin because bitcoin is spreading so fast and people all over the world accepting bitcoin cordially.Again,bitcoin price is increasing incredibly and bitcoin is growing so fast.Bitcoin also giving us many facilities so we should buy bitcoin.
The price of bitcoin is steadily increasing, I think when bitcoin price dropped to $850 then this is time to buy but I don't think bitcoin will dropped to $850 again? haha, let's hope bitcoin price will hit to $1000 next year. ;-D
true what you said. yesterday the price had dropped back to $ 850 ~. should last you could buy some bitcoin dude, because currently the price go up to $ 900
I would sell my bitcoin now and wait for prices to go back down and buy back
You are not patient enough man... The increasing is back. Bitcoin price has hit $910 again. It is not very wise to sell Bitcoin at this time because it can easily cross $1000 in early 2017. I am not so panic when I saw Bitcoin prices dropped to $850 because I could see the vision that it will be back again. And I am right Cheesy
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