That moment when you buy 1BTC at $2500 - page 11.

ethereumhunter

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Quote from: FloraMullan on June 14, 2017, 05:34:44 AM

I don't think that Bitcoin is worth buying right now, since you might buy today with a higher price and the price falls the next day. The best thing to do right now is to earn it or chill until the price drops

i think if we have money, its still worth to buy bitcoin especially if the price is getting down like now because we can buy bitcoin with cheap price. but if we don't have money, then we need to used the other source to earn bitcoin so we can sell it if the price is getting up soon. but if we want to buy part by part until it reach 1 bitcoin, then i think we need to waited for a moment and we need to make sure that the price is reach the bottom so we can buy cheap bitcoin although the price is still in more than $1xxx.

South Park

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Quote from: FloraMullan on June 14, 2017, 05:34:44 AM

I don't think that Bitcoin is worth buying right now, since you might buy today with a higher price and the price falls the next day. The best thing to do right now is to earn it or chill until the price drops

Your first point is not a valid reason to not buy bitcoin, if it was, then we should not invest in anything from forex to stocks, however I agree when it comes to the high nature of the current price of bitcoin, at this moment the price of all the currencies seems to high and there does not seem to be any special reason for the price to be that high so I think it is going to decrease in the next months.

FloraMullan

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I don't think that Bitcoin is worth buying right now, since you might buy today with a higher price and the price falls the next day. The best thing to do right now is to earn it or chill until the price drops

lottery248

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then i would consider it as a form of donation, until some days it is a must to sell the bitcoin, such as in case of major drop imminent. there are nothing affected and i might buy more with the potential of increasing.

Raxitto

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The price of bitcoin may have surpassed $ 3,000 for the first time, but that does not mean that the digital asset is leaving its historical volatility behind.
The bitcoin price fell sharply, losing more than $ 300 in a minute, going from $ 2,980 to a daily low of $ 2,650. The decline of more than $ 300 came just a few hours after bitcoin reached a new $ 3,000 historical top in the CoinDesk (BPI) bitcoin price index, which makes a weighted average of prices on major exchanges.
According to analysts, price surrender could announce that bitcoin's value diverged somewhat from its base.

Eternu

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Quote from: milewilda on May 29, 2017, 07:05:09 AM

Quote from: FrankNoland on May 29, 2017, 06:07:01 AM

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?

If you did buy on the price of $2500 then for sure you do feel the emotion of panic selling and that cant really be avoided and you would surely sell off to cut losses when you are a newbie but if you are already experienced and have high hopes on bitcoin for sure you will hold you bitcoin as much as you can and dont decide to cut off loses because bitcoin price do eventually recover up after a sudden dump.

Totally agree with you. Fear and panic is feelings that make people do all kind of bad things. In this case it would be selling bitcoin out of fear that bitcoin price would go down even more, and that he would lose even more money. As far as bitcoin goes, there are chances for losing, but slim ones.

gentlem3n

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if you did hold them for few days you would be having a profit of +$300 per bitcoin which isn't a bad interest for few days of holding.

When this trend started early in May I didn't expect it to be so "bullish", The next aim should be the $3000 value and with the price keeping it level and moving forward, that can happen in june this year.

Restmand

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Quote from: piebeyb on June 11, 2017, 02:13:52 PM

If you buy it at $ 2500 you will get the profit today, bitcoin has touched $ 3000 price, I think you are buying the price on this day is enough profit if later sell it at the price of $ 10000

If only i have a money on that day, it would be enough for me to buy bitcoins and I will surely invest it or stored it in my online wallet and when i needed the money i will withdraw some of it and then i will let some of it too stay and make a profit on my wallet. I have been dreaming and regret that i have no money that time and thats why i didnt buy any from that day.

South Park

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Quote from: FrankNoland on May 29, 2017, 06:07:01 AM

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?

Hold, it is that simple, I understand your point, but this is why before making any investment you need to inform yourself about the nature of it, bitcoin is very volatile compared to your average investment, if you are not ready for it then it is better that you get out of bitcoin, but the truth is that bitcoin will get more valuable with time and that is why I suggest to you to hold.

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Quote from: EXtremeAEX on June 13, 2017, 08:02:02 AM

Quote from: BitcoinzB on June 12, 2017, 06:37:10 AM

Bitcoin is famous for its volatility, nothing new. But many people are predicting the market price to keep growing; we might see many drops in the price, but it will keep going up after that.

Now is the start of a rise after a huge drop. May even break the $3000 price, feeling excited for Bitcoin.

Hopefully Bitcoin works out fine after 2 months and the price remains (or even rise more). I'm not so sure about now, but I will wait till August and monitor the price before getting more Bitcoin

That's the right spirit!

Better play safe now than feel sorry later. Personally, I chose not to buy bitcoins either on the dips (for the reasons mentioned, i.e. coming chain split) but I instead buy litecoins with my fiat proceeds which I get from selling Bitcoin when it goes for the new ATH (or just climbs close to 3,000 dollars per coin). As to me, Litecoin seems to be the safest option right now (apart from fiat itself, obviously). If Bitcoin succeeds at trouble-free activation of SegWit, Litecoin will rise together with it, but if Bitcoin chooses to crash (or even die interim), Litecoin has good chances to take its place

EXtremeAEX

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Quote from: BitcoinzB on June 12, 2017, 06:37:10 AM

Bitcoin is famous for its volatility, nothing new. But many people are predicting the market price to keep growing; we might see many drops in the price, but it will keep going up after that.

Now is the start of a rise after a huge drop. May even break the $3000 price, feeling excited for Bitcoin.

Hopefully Bitcoin works out fine after 2 months and the price remains (or even rise more). I'm not so sure about now, but I will wait till August and monitor the price before getting more Bitcoin. :-/

poplolnman

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Quote from: Eternu on June 08, 2017, 03:27:18 AM

Quote from: poplolnman on June 08, 2017, 03:19:43 AM

Quote from: ?? on ??

both risk and opportunity exists. just remember one thing: don't regret on your decision

that's true, when you decide to buy bitcoin in its highest price and to folllow the latest market trends you should use your spare money , not a hot one. to anticipate something like this, you bought it for really expensive but then the price just get drop. be a smart trader/investor. you need a lot of backup funds, so whenever this happened to you , you could simply put it for longer time.

Yes that is truth, if some person make a mistake and buy bitcoin at high price, and not long after price drop, only option they are leaved with is to wait for bitcoin price to go above price they paid. And as we all know, price of bitcoin has been rising a lot, so i guess even if that happens, it is not bit of a problem. I think that price of bitcoin will reach 3000 dollars till end of this month.

it's not a big deal when you hold a lot of money, but when you aren't in that kind position then what would you do? you need to have a well prepared long term plan, otherwise everything could just go wrong instead you have profit you would get a panic selling attack and lost a lot of money, beware.

carriebee

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I experience this also bought bitcoin and suddenly dump the price. When investing it really takes a risks so I decide to Hold it. And, sell when the price is higher to the price you bought it. I beleive btc price will rise again.

ArnoldChippy

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Quote from: BitcoinzB on June 12, 2017, 06:37:10 AM

Quote from: SonnetStar on June 12, 2017, 06:30:56 AM

The people buying later I'm kinda worried about, those of us who got in early are pretty secure but what happens to the people coming afterwards? I believe in the tech so I don't see it happening but it is such a crazy phenomena I don't know how long it can last. Is btc REALLY worth so much money? I don't know. Its hard to fathom the intricacies of human psychology. What we value can change instantly

Bitcoin is famous for its volatility, nothing new. But many people are predicting the market price to keep growing; we might see many drops in the price, but it will keep going up after that.

currently the price of bitcoin is decreased to 2600 and still coming down, so i can say that you are just near to you desire price. and just make your self ready for buying bitcoin at that price. you will see the price trading under 2500 very soon.

BitcoinzB

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Quote from: SonnetStar on June 12, 2017, 06:30:56 AM

The people buying later I'm kinda worried about, those of us who got in early are pretty secure but what happens to the people coming afterwards? I believe in the tech so I don't see it happening but it is such a crazy phenomena I don't know how long it can last. Is btc REALLY worth so much money? I don't know. Its hard to fathom the intricacies of human psychology. What we value can change instantly

Bitcoin is famous for its volatility, nothing new. But many people are predicting the market price to keep growing; we might see many drops in the price, but it will keep going up after that.

SonnetStar

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The people buying later I'm kinda worried about, those of us who got in early are pretty secure but what happens to the people coming afterwards? I believe in the tech so I don't see it happening but it is such a crazy phenomena I don't know how long it can last. Is btc REALLY worth so much money? I don't know. Its hard to fathom the intricacies of human psychology. What we value can change instantly

FrankNoland

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Quote from: piebeyb on June 11, 2017, 02:13:52 PM

If you buy it at $ 2500 you will get the profit today, bitcoin has touched $ 3000 price, I think you are buying the price on this day is enough profit if later sell it at the price of $ 10000

We don't even have the guarantee that its even going to reach that $10000 mark, You''ll never know, it might be $100 instead

Gunawan82

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It's unthinkable to buy bitcoins for 2,500 / $,
Maybe first if the price of 1000 / $ I will buy it for sale now, regret my current feeling when bitcoin prices are high.. Huh

piebeyb

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If you buy it at $ 2500 you will get the profit today, bitcoin has touched $ 3000 price, I think you are buying the price on this day is enough profit if later sell it at the price of $ 10000

Giebaymax

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I will buy it because I believe with the rising bitcoin price that increasingly added day, so it is very suitable for investment.. Cheesy

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