Topic: Survey: At What Price would you stop investing more money into Bitcoin ??? - page 5. (Read 1219 times)
December 03, 2019, 06:45:51 AM
For me personally it would be below the previous low of 3100 USD. A fall below that level would be extremely unhealthy for Bitcoin as it would break a long term trendline and expose Bitcoin as weak and maybe failing at adoption. 3k would still not scare me enough to exit the market completely but it would sure would be enough for me to stop investing more money. Going down to my biggest entry point at 600-800 USD would make me think of exiting the market completely.
December 03, 2019, 05:22:07 AM
Basically the price of bitcoin will never stops from increasing because its purely based on demand and supply,if people using more and more the prices will increase so as a smart investor you should not stop investing at any price but you also need to learn when to reap profits as investor since price of bitcoin will be bullish and bearish from time to time.
December 03, 2019, 06:26:57 AM
I think I'll keep investing until the price of Bitcoin hit half of my target price for selling. I am to sell at around $30k So I would keep putting a bit of my extra money on Bitcoin until it reaches $15k. From that possibly I will wait until it reaches my target price or sell slowly as the price goes up. Though I will be having a stop loss of course just in case Bitcoin became "worthless".
December 03, 2019, 05:08:18 AM
For now, probably at 5x ATH.
To make it clear, I don't actually buy Bitcoin. Never have. Every satoshi I have is earned. I'm a freelancer, I charge in crypto, and as of 2018 I virtually no longer have any Paypal clients -- which was the old fiat alternative I used.
But what I can't spend in Bitcoin I am forced to liquidate for fiat to pay bills, etc. But I try to save as much as possible -- that's what I guess is my effective buy.
But if BTC goes to 20k again and on the way up, I'd probably be selling progressively more of my BTC earned then. NOT from my holdings but from earnings. Effectively, I'll stop buying once we're at $100k, as that's what I believe the next ATH could be once 20k is broken.
To make it clear, I don't actually buy Bitcoin. Never have. Every satoshi I have is earned. I'm a freelancer, I charge in crypto, and as of 2018 I virtually no longer have any Paypal clients -- which was the old fiat alternative I used.
But what I can't spend in Bitcoin I am forced to liquidate for fiat to pay bills, etc. But I try to save as much as possible -- that's what I guess is my effective buy.
But if BTC goes to 20k again and on the way up, I'd probably be selling progressively more of my BTC earned then. NOT from my holdings but from earnings. Effectively, I'll stop buying once we're at $100k, as that's what I believe the next ATH could be once 20k is broken.
December 03, 2019, 03:17:17 AM
If the price of Bitcoin will go below 3k then it would be a great disaster to this system for sure, because of most of the new investor purchase Bitcoin above this figure so it should not be like this, day by day Bitcoin and cryptocurrency is facing a huge competition because the Blockchain system is getting developed and popular around the world, so it the price of Bitcoin couldn't control then it would be a mass destruction following to my observation, so never think the price of Bitcoin would go below 3k, If it happens then this space would be empty.
December 03, 2019, 03:01:42 AM
I bought my first bitcoins at $345, so that might be my psychological barrier. If it goes lower than that, it would not bounce back up again in my
opinion. (In my mind) I think most Bitcoin mining would collapse at a much higher price, because it would just not be sustainable to continue if you
cannot cover your input cost. (Even after the difficulty dropped as a result) I think someone said the break even price now is $2000 for the miners
to stay in the game.
opinion. (In my mind) I think most Bitcoin mining would collapse at a much higher price, because it would just not be sustainable to continue if you
cannot cover your input cost. (Even after the difficulty dropped as a result) I think someone said the break even price now is $2000 for the miners
to stay in the game.
December 03, 2019, 02:35:21 AM
If it will drop down to a price which isn't tradable anymore. When it reaches the lowest value where it will be hard for us to regain the funds that we have invested, I guess that's the right time for me to stop. However, I have huge faith in Bitcoin and I know that it will never fail us. It may reach a low price but it will never lose its value.
December 03, 2019, 02:29:05 AM
maybe I will stop buying bitcoin when the price of bitcoin is at $ 1000. because in my opinion if bitcoin dumps up to $ 1000. means bitcoin has lost demand. and maybe after falling at the price of $ 1000 bitcoin it can't pump back and eventually it crashes.
but I am optimistic that bitcoin will not fall at the price of $ 1000. I'm sure with the increasing number of companies and countries that adopt the blockchain, bitcoin will continue to grow.
If that falls within that amount too, I will preferably stop too. I only buy when I have extra unlike before that I really allot budget to buy BTC. If price will be lower $1K or even higher that many FUDS will be coming out that might eliminate investors interest in crypto and go back in forex or stocks. but I am optimistic that bitcoin will not fall at the price of $ 1000. I'm sure with the increasing number of companies and countries that adopt the blockchain, bitcoin will continue to grow.
December 03, 2019, 01:27:56 AM
At what price would you guys stop putting SIGNIFICANT amounts of additional money into purchasing Bitcoin 
I am not talking about small investments that you do not care about losing, but stop investing significant amounts of your financial assets that you can not afford to lose.
I am NOT asking if you believe Bitcoin will go down to these prices !!! I know you guys will say the prices will never get that low, and that you would never sell your bitcoin.. . OK we understand that 😁 BUT, any rational, intelligent investor will have a price point at which they would stop putting significant additional amounts of money into a particular investment. Think it over carefully and give us your best, most honest answer.
I am not talking about small investments that you do not care about losing, but stop investing significant amounts of your financial assets that you can not afford to lose.I am NOT asking if you believe Bitcoin will go down to these prices !!! I know you guys will say the prices will never get that low, and that you would never sell your bitcoin.. . OK we understand that 😁 BUT, any rational, intelligent investor will have a price point at which they would stop putting significant additional amounts of money into a particular investment. Think it over carefully and give us your best, most honest answer.
If you are to ask this subjectively, as long as your goal isn't reached then don't stop investing to bitcoin and cryptocurrency, for example, if you are trying to reach a certain milestone in achieving big investment profit, you should also have big investment. But for me, accumulating a total of 1BTC would already be a success since we all know how hard it is to accumulate because of the great market price of Bitcoin nowadays.
In addition, rationality of an investor doesn't limit him to invest more funds to bitcoin.
December 03, 2019, 12:35:17 AM
maybe I will stop buying bitcoin when the price of bitcoin is at $ 1000. because in my opinion if bitcoin dumps up to $ 1000. means bitcoin has lost demand. and maybe after falling at the price of $ 1000 bitcoin it can't pump back and eventually it crashes.
but I am optimistic that bitcoin will not fall at the price of $ 1000. I'm sure with the increasing number of companies and countries that adopt the blockchain, bitcoin will continue to grow.
but I am optimistic that bitcoin will not fall at the price of $ 1000. I'm sure with the increasing number of companies and countries that adopt the blockchain, bitcoin will continue to grow.
December 03, 2019, 12:14:19 AM
Any price mark above $3000 I would stop investing in bitcoin that is my peak price benchmark I wouldn't agree that the price could fall back to $100 if it does then that is a very good opportunity to buy and accumulates more, because its very obvious the price would pump again thus earning some profits for the hodler due to volatility of the price.
December 02, 2019, 10:44:21 PM
$1000 is the highest point for me to buy bitcoin. I have to make a profit of $1000. Because if I add too much and don't get a profit, then the money won't be able to be played back. If you already get a profit maybe will add a maximum limit little by little.
December 02, 2019, 09:40:50 PM
the lowest is 1000 i guess because that is the midst of my trust i believe.
before bellowing 1000$ is my chance to buy more and more so when it falls i am ready for growth.
we all also believe that whenever bitcoin falls it will surely grow but sometimes it took so very long,like now from the end of 2017 and until now that almost 2 years passed.
before bellowing 1000$ is my chance to buy more and more so when it falls i am ready for growth.
we all also believe that whenever bitcoin falls it will surely grow but sometimes it took so very long,like now from the end of 2017 and until now that almost 2 years passed.
December 02, 2019, 09:30:35 PM
$3000 could be massive crash for bitcoin but it doesn't stopped me to investing bitcoin and i might be will stop to invest if bitcoin price back to $0.01 such as initial price 10 years ago because the situations will totally different and on 2009 people buy bitcoin at $0.01 because most of us doesn't know bitcoin but if someday bitcoin touched to that price again then i'm sure there will be no more bounce back for bitcoin and it will totally worthless so i will stop invest immediatelly
December 02, 2019, 09:20:00 PM
Bitcoin price went down from its ATH down to almost $3000 and it is really a significant markdown. And it still depends if ever the decrease in price is driven by market manipulation or lack of development or demand in bitcoin. Maybe I would stop investing on it once it drops to $100 if this happens. Or maybe I'll buy tons of bitcoin if it will get lower than that as a souvenir. 😆
December 02, 2019, 08:59:23 PM
I stopped buying in 2014.
If I were buying now, of the poll choices $100 would signal that something was seriously screwed up. I could wrap my head around a move to $1000. When you think about it it's really not that far away and all these billions in market cap are entirely fictional anyway. $100 would be proper shitsville.
If I were buying now, of the poll choices $100 would signal that something was seriously screwed up. I could wrap my head around a move to $1000. When you think about it it's really not that far away and all these billions in market cap are entirely fictional anyway. $100 would be proper shitsville.
This is exactly the type of answer I am looking for... Rational analysis of what is going on with Bitcoin pricing, and the ability to be able recognize when things are not going as everyone thought they would. I hope we get a lot more responses like this with peoples price tolerances 👍👍👍👍
Intelligent and rational people consider the possibility that a " sure thing " might not work out as planned. But of course, there are always those people reject reality and that " believe " until reality punches them in the face 🤣🤣🤣🤣
December 02, 2019, 06:27:26 PM
I stopped buying in 2014.
If I were buying now, of the poll choices $100 would signal that something was seriously screwed up. I could wrap my head around a move to $1000. When you think about it it's really not that far away and all these billions in market cap are entirely fictional anyway. $100 would be proper shitsville.
If I were buying now, of the poll choices $100 would signal that something was seriously screwed up. I could wrap my head around a move to $1000. When you think about it it's really not that far away and all these billions in market cap are entirely fictional anyway. $100 would be proper shitsville.
Agree. Bitcoin going to 100 would mean everybody who joined in 2017 and past that has probably left the space. This would be a sign that the coin is dying and maybe just maybe if it made a double bottom at 100 and started a big rally we could say that it's still alive but most people would trade that like a dead cat bounce at that point.
Anything below the 2016 bear market low would mean a real death of Bitcoin.
December 02, 2019, 03:37:38 PM
At what price would you guys stop putting SIGNIFICANT amounts of additional money into purchasing Bitcoin I am not talking about small investments that you do not care about losing, but stop investing significant amounts of your financial assets that you can not afford to lose.
I am NOT asking if you believe Bitcoin will go down to these prices !!! I know you guys will say the prices will never get that low, and that you would never sell your bitcoin.. . OK we understand that 😁 BUT, any rational, intelligent investor will have a price point at which they would stop putting significant additional amounts of money into a particular investment. Think it over carefully and give us your best, most honest answer.
I am not talking about small investments that you do not care about losing, but stop investing significant amounts of your financial assets that you can not afford to lose.I am NOT asking if you believe Bitcoin will go down to these prices !!! I know you guys will say the prices will never get that low, and that you would never sell your bitcoin.. . OK we understand that 😁 BUT, any rational, intelligent investor will have a price point at which they would stop putting significant additional amounts of money into a particular investment. Think it over carefully and give us your best, most honest answer.
While Bitcoin is promising, it makes sense to buy it at any price. Naturally, this purchasing process should be reasonable so as not to lose money. I think you need to follow the price spikes to understand worth it or actually not.
December 02, 2019, 03:16:56 PM
I wouldn't even wait for $ 1,000 to get there sooner. About $ 3,000 if bitcoin were, anything that could be cashed out of my house would be put into bitcoin.
For $ 100 it would be fine.
For $ 100 it would be fine.
December 02, 2019, 03:05:15 PM
This question assumes I'm still pumping money into bitcoin, which isn't the case to begin with. But if bitcoin dropped to a valuation as low as $1000 or so, I'd know there was trouble and that it might be a good idea to reevaluate my position (which is not large anyway).
Even if bitcoin plummeted to $3000 it would be obvious something is wrong either with bitcoin itself or with sentiment toward it, and that damage might be irreparable. If it got as low as $500 or even lower, there would probably be serious problems in the global economy and it not only might be prudent to stop investing in bitcoin but to start stocking up on food, seeds, land, and other survival items.
I don't think any of that is going to happen, tho. The way I see it, bitcoin could drop as low as $5000 but I doubt it would go past that, as there's a lot of support even above that price and enough people support bitcoin that there would probably be panic buying. And 2020 is going to be a stellar year for bitcoin, mark my words.
Even if bitcoin plummeted to $3000 it would be obvious something is wrong either with bitcoin itself or with sentiment toward it, and that damage might be irreparable. If it got as low as $500 or even lower, there would probably be serious problems in the global economy and it not only might be prudent to stop investing in bitcoin but to start stocking up on food, seeds, land, and other survival items.
I don't think any of that is going to happen, tho. The way I see it, bitcoin could drop as low as $5000 but I doubt it would go past that, as there's a lot of support even above that price and enough people support bitcoin that there would probably be panic buying. And 2020 is going to be a stellar year for bitcoin, mark my words.
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