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Topic: should i save btc for future? - page 50. (Read 52940 times)

legendary
Activity: 3696
Merit: 2219
💲🏎️💨🚓
December 03, 2015, 11:31:43 AM
Apart from what I said earlier, if you buy just $10 of BTC on a given day of the month into a dedicated wallet you can track the price of BTC over a year and squirrel away some funds as well. 
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
December 03, 2015, 11:18:50 AM
I think so first i use btc fot trade and additional income so i think its wise to save it
legendary
Activity: 1120
Merit: 1001
December 03, 2015, 10:55:51 AM
lot's of people here are lacking common sense. people find longterm holding boring. that's why they are looking for quick bucks. they don't know that the longterm will give them more profit. they have $-$ in their eyes. that's it.

I guess you also know these days new companies gets a lot of bump to their shares in the beginning and dump later
So short term holders make good profit while long term holders lose up to nothing. I am not saying this rule applies to all but this is very common now
Bitcoin is same. Got bumped a lot to $1200 in 2013 i guess and then dumped to around $400 in matter of days
hero member
Activity: 714
Merit: 500
SkyFall
December 03, 2015, 10:45:45 AM
Saving BTC is another form of gambling with bitcoins , in year 2013 some people bought BTC at 990$ and thought that would rise rise and rise but it fall from then and have not reached near to that till now , if they would had sold then at 1000$ they they ould had made some profit but they thought that BTC gonna be high in future.
I am not saying that holding bitcoin is a bad idea but i am saying use your wit and buy/sell them from time to time.

Really bought some bitcoins with that price ($900). Yeah buying some bitcoins and hold it. Is better to just buy when bitcoin is cheap. So that you can't lose so much money.

Hahaha and yeah bitcoins is like gambling, but with this you highly win more money with it than the real gambling Tongue

Bitcoin isn't like gambling. The way people invest in Bitcoin can be considered gambling. It has all to do with the people being fault here, and not Bitcoin. All investments have a certain risk, but if you invest wisely in Bitcoin, then the risk is very minimal, and you'll make a decent profit.

People are stupid if they buy at a peak and think it will go even higher. They are chasing quick not realistic profits. Don't blame Bitcoin for that. Blame the people.

lot's of people here are lacking common sense. people find longterm holding boring. that's why they are looking for quick bucks. they don't know that the longterm will give them more profit. they have $-$ in their eyes. that's it.

Yes because they don't see all the cash in their hands and have 0 patience.

They just wanna make as much profit as soon as possible. Certain things takes patience and time to grow.
legendary
Activity: 896
Merit: 1000
December 03, 2015, 10:41:16 AM
Saving BTC is another form of gambling with bitcoins , in year 2013 some people bought BTC at 990$ and thought that would rise rise and rise but it fall from then and have not reached near to that till now , if they would had sold then at 1000$ they they ould had made some profit but they thought that BTC gonna be high in future.
I am not saying that holding bitcoin is a bad idea but i am saying use your wit and buy/sell them from time to time.

Really bought some bitcoins with that price ($900). Yeah buying some bitcoins and hold it. Is better to just buy when bitcoin is cheap. So that you can't lose so much money.

Hahaha and yeah bitcoins is like gambling, but with this you highly win more money with it than the real gambling Tongue

Bitcoin isn't like gambling. The way people invest in Bitcoin can be considered gambling. It has all to do with the people being fault here, and not Bitcoin. All investments have a certain risk, but if you invest wisely in Bitcoin, then the risk is very minimal, and you'll make a decent profit.

People are stupid if they buy at a peak and think it will go even higher. They are chasing quick not realistic profits. Don't blame Bitcoin for that. Blame the people.

lot's of people here are lacking common sense. people find longterm holding boring. that's why they are looking for quick bucks. they don't know that the longterm will give them more profit. they have $-$ in their eyes. that's it.
sr. member
Activity: 280
Merit: 250
December 03, 2015, 10:27:41 AM
People who simply don't have experience with anything that has to do with trading, and hope to make a quick profit in a very short time, they can be considered gamblers. These are the sort of people who will end up making losses and blame Bitcoin for anything they did wrong.

I agree with your statement. Some people are looking for the fastest way to make money and try to buy and sell as quickly as possible.
sr. member
Activity: 322
Merit: 250
December 03, 2015, 06:35:23 AM
Saving BTC is another form of gambling with bitcoins , in year 2013 some people bought BTC at 990$ and thought that would rise rise and rise but it fall from then and have not reached near to that till now , if they would had sold then at 1000$ they they ould had made some profit but they thought that BTC gonna be high in future.
I am not saying that holding bitcoin is a bad idea but i am saying use your wit and buy/sell them from time to time.

Really bought some bitcoins with that price ($900). Yeah buying some bitcoins and hold it. Is better to just buy when bitcoin is cheap. So that you can't lose so much money.

Hahaha and yeah bitcoins is like gambling, but with this you highly win more money with it than the real gambling Tongue

Bitcoin isn't like gambling. The way people invest in Bitcoin can be considered gambling. It has all to do with the people being fault here, and not Bitcoin. All investments have a certain risk, but if you invest wisely in Bitcoin, then the risk is very minimal, and you'll make a decent profit.

People are stupid if they buy at a peak and think it will go even higher. They are chasing quick not realistic profits. Don't blame Bitcoin for that. Blame the people.

Bitcoin can be seen as a gamble. It's a chance you take investing into bitcoin just like you're betting on something and taking a chance of winning or losing. Same with bitcoin, you win or you lose.
sr. member
Activity: 476
Merit: 250
December 03, 2015, 06:29:35 AM
Don't save all your bitcoins always be safe, you can't never tell what will happend in the future.

Savee bitcoin if you a goal to do that. If you just waiting for increase than you need  to be patients with it.
hero member
Activity: 714
Merit: 500
SkyFall
December 03, 2015, 05:44:01 AM
It depends. If you want to realize a stable growth profit over a longer period of time, then it's the least risky and most suitable way of investing.

However, if you are willing to take more risk and investing for the very short term and do daytrading, then you must accept that this investment method has way more risk involved. If you have the experience and know how the market works, then you can make a good profit in a matter of weeks.

People who simply don't have experience with anything that has to do with trading, and hope to make a quick profit in a very short time, they can be considered gamblers. These are the sort of people who will end up making losses and blame Bitcoin for anything they did wrong.

Yes exactly and they will say that bitcoin has failed them, when they have failed themselves by making rash decisions.
legendary
Activity: 2170
Merit: 1427
December 03, 2015, 05:39:17 AM
Saving BTC is another form of gambling with bitcoins , in year 2013 some people bought BTC at 990$ and thought that would rise rise and rise but it fall from then and have not reached near to that till now , if they would had sold then at 1000$ they they ould had made some profit but they thought that BTC gonna be high in future.
I am not saying that holding bitcoin is a bad idea but i am saying use your wit and buy/sell them from time to time.

Really bought some bitcoins with that price ($900). Yeah buying some bitcoins and hold it. Is better to just buy when bitcoin is cheap. So that you can't lose so much money.

Hahaha and yeah bitcoins is like gambling, but with this you highly win more money with it than the real gambling Tongue

Bitcoin isn't like gambling. The way people invest in Bitcoin can be considered gambling. It has all to do with the people being fault here, and not Bitcoin. All investments have a certain risk, but if you invest wisely in Bitcoin, then the risk is very minimal, and you'll make a decent profit.

People are stupid if they buy at a peak and think it will go even higher. They are chasing quick not realistic profits. Don't blame Bitcoin for that. Blame the people.

They invest in it because they think they can make a quick profit and are not in it for the long term.

I think bitcoin is only good to invest into if you're going to be in it for a long time and not just for a second.

It depends. If you want to realize a stable growth profit over a longer period of time, then it's the least risky and most suitable way of investing.

However, if you are willing to take more risk and investing for the very short term and do daytrading, then you must accept that this investment method has way more risk involved. If you have the experience and know how the market works, then you can make a good profit in a matter of weeks.

People who simply don't have experience with anything that has to do with trading, and hope to make a quick profit in a very short time, they can be considered gamblers. These are the sort of people who will end up making losses and blame Bitcoin for anything they did wrong.
sr. member
Activity: 280
Merit: 250
December 03, 2015, 05:25:39 AM
Saving BTC is another form of gambling with bitcoins , in year 2013 some people bought BTC at 990$ and thought that would rise rise and rise but it fall from then and have not reached near to that till now , if they would had sold then at 1000$ they they ould had made some profit but they thought that BTC gonna be high in future.
I am not saying that holding bitcoin is a bad idea but i am saying use your wit and buy/sell them from time to time.

Really bought some bitcoins with that price ($900). Yeah buying some bitcoins and hold it. Is better to just buy when bitcoin is cheap. So that you can't lose so much money.

Hahaha and yeah bitcoins is like gambling, but with this you highly win more money with it than the real gambling Tongue

Bitcoin isn't like gambling. The way people invest in Bitcoin can be considered gambling. It has all to do with the people being fault here, and not Bitcoin. All investments have a certain risk, but if you invest wisely in Bitcoin, then the risk is very minimal, and you'll make a decent profit.

People are stupid if they buy at a peak and think it will go even higher. They are chasing quick not realistic profits. Don't blame Bitcoin for that. Blame the people.

They invest in it because they think they can make a quick profit and are not in it for the long term.

I think bitcoin is only good to invest into if you're going to be in it for a long time and not just for a second.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
December 03, 2015, 05:14:02 AM
To the OP:
it is a question about whether you believe that Bitcoin technology has the chance to be successful few years from now. There are actually few arguments to be positive about, and some concerns, with the most important being, still limited adoption and speculatively-fuelled bubbles. If you have the clear answer to that question, then the choice is clear. If you are the one who bought about the last ath at $1k+ price and you are asking if still hold or sell at loss, I would say, keep it for one more year, if you may afford that.

I think it's insane to sell even if you bought at 1k back in the day. Once we get at 1K again, we will crush the last ATH and go way higher than we can try to imagine at the moment, because we are conditioned at the recent price swings which has been a very stable price on a range that seems low compared to the ATH. But once the fears of the 1k barrier are broken, selling at 1k will be a loss.
Well, let's first get back to $1k, and then we can analyse the territory beyond that point. For now I don't see the fundamental reasons to go that far, but as we get to the halving event we may start the next leg up. If it based purely on speculation, we may fail to break the ath, however if we get some positive developments to support it, then why not. That is way, my advice was to keep his/her coins for the next year.
legendary
Activity: 2170
Merit: 1427
December 03, 2015, 04:39:57 AM
Saving BTC is another form of gambling with bitcoins , in year 2013 some people bought BTC at 990$ and thought that would rise rise and rise but it fall from then and have not reached near to that till now , if they would had sold then at 1000$ they they ould had made some profit but they thought that BTC gonna be high in future.
I am not saying that holding bitcoin is a bad idea but i am saying use your wit and buy/sell them from time to time.

Really bought some bitcoins with that price ($900). Yeah buying some bitcoins and hold it. Is better to just buy when bitcoin is cheap. So that you can't lose so much money.

Hahaha and yeah bitcoins is like gambling, but with this you highly win more money with it than the real gambling Tongue

Bitcoin isn't like gambling. The way people invest in Bitcoin can be considered gambling. It has all to do with the people being fault here, and not Bitcoin. All investments have a certain risk, but if you invest wisely in Bitcoin, then the risk is very minimal, and you'll make a decent profit.

People are stupid if they buy at a peak and think it will go even higher. They are chasing quick not realistic profits. Don't blame Bitcoin for that. Blame the people.
sr. member
Activity: 406
Merit: 250
December 03, 2015, 03:58:16 AM
Saving BTC is another form of gambling with bitcoins , in year 2013 some people bought BTC at 990$ and thought that would rise rise and rise but it fall from then and have not reached near to that till now , if they would had sold then at 1000$ they they ould had made some profit but they thought that BTC gonna be high in future.
I am not saying that holding bitcoin is a bad idea but i am saying use your wit and buy/sell them from time to time.

Really bought some bitcoins with that price ($900). Yeah buying some bitcoins and hold it. Is better to just buy when bitcoin is cheap. So that you can't lose so much money.

Hahaha and yeah bitcoins is like gambling, but with this you highly win more money with it than the real gambling Tongue
hero member
Activity: 546
Merit: 500
December 03, 2015, 12:53:53 AM
Saving BTC is another form of gambling with bitcoins , in year 2013 some people bought BTC at 990$ and thought that would rise rise and rise but it fall from then and have not reached near to that till now , if they would had sold then at 1000$ they they ould had made some profit but they thought that BTC gonna be high in future.
I am not saying that holding bitcoin is a bad idea but i am saying use your wit and buy/sell them from time to time.
legendary
Activity: 1120
Merit: 1001
December 03, 2015, 12:47:47 AM
Saving bitcoins for the future it's the best idea, if you can afford it then do it (at least try to save) and i hope that in the near future the price will be increased much more than it is now.

Or may be he should be prepared to lose all
Holding bitcoin feels like a gambling to me. If price rise you win if falls you lose

Holding bitcoins is good idea but in a proper way. keep looking bitcoin prices at least once a day and related news too
If bump is happening then buy and if dump then sell before its over. And don't get involved in movements at the end. Act fast or be prepared to lose
hero member
Activity: 770
Merit: 509
December 02, 2015, 06:42:43 PM
To the OP:
it is a question about whether you believe that Bitcoin technology has the chance to be successful few years from now. There are actually few arguments to be positive about, and some concerns, with the most important being, still limited adoption and speculatively-fuelled bubbles. If you have the clear answer to that question, then the choice is clear. If you are the one who bought about the last ath at $1k+ price and you are asking if still hold or sell at loss, I would say, keep it for one more year, if you may afford that.

I think it's insane to sell even if you bought at 1k back in the day. Once we get at 1K again, we will crush the last ATH and go way higher than we can try to imagine at the moment, because we are conditioned at the recent price swings which has been a very stable price on a range that seems low compared to the ATH. But once the fears of the 1k barrier are broken, selling at 1k will be a loss.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
December 02, 2015, 03:01:39 PM
To the OP:
it is a question about whether you believe that Bitcoin technology has the chance to be successful few years from now. There are actually few arguments to be positive about, and some concerns, with the most important being, still limited adoption and speculatively-fuelled bubbles. If you have the clear answer to that question, then the choice is clear. If you are the one who bought about the last ath at $1k+ price and you are asking if still hold or sell at loss, I would say, keep it for one more year, if you may afford that.
full member
Activity: 227
Merit: 100
December 02, 2015, 02:55:21 PM
Saving bitcoins for the future it's the best idea, if you can afford it then do it (at least try to save) and i hope that in the near future the price will be increased much more than it is now.

Absoletely not agreed Smiley Blockchaintechnology within banks and companies is a matter of a few years, months even. Once that happens, all the sheeple follow and bitcoin will crash IMO, I hope not, but the little devil on my shoulder keeps shouting that it will Sad

Not necessary. These banks will need a currency to work on their blockchain. The common currency would be bitcoin. They do not need to convert currencies.
legendary
Activity: 1540
Merit: 1003
November 25, 2015, 01:49:01 AM
Saving bitcoins for the future it's the best idea, if you can afford it then do it (at least try to save) and i hope that in the near future the price will be increased much more than it is now.

Absoletely not agreed Smiley Blockchaintechnology within banks and companies is a matter of a few years, months even. Once that happens, all the sheeple follow and bitcoin will crash IMO, I hope not, but the little devil on my shoulder keeps shouting that it will Sad
Nope Dude It will not be like that. Its a future international currency and it ll not drop for banks or anyone, Nowadays many Big MNCs also accepting Bitcoin and they are also trading on that for Dell, Amazon and many more. We have save BTC for future. It would really helpful more than job settlement dude.

Banks or any government will not be able to do anything with bitcoin ecosystem. They have no other choice other than accepting it.
So, it would be wise idea to keep bitcoin for our future. Any government cannot destroy bitcoin or it's growth it's beyond any control.

Why accepting when the fiat money is doing its great job, bitcoin will be as a second currency maybe but even this it's hard to believe for next upcoming years. I also suggest to hold as much as we can afford it.
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