325 was my "on the fence" price.
I jumped into bitcoin in March this year and it was kissing 400 something when I bought first. I think it was 490 or around there when I bought my first one. I bought a bit more over the next couple months and sold off when it was in the 600s and started dropping...cashed out, bought a sweet laptop and had pocket change left over. I set 300 as the buy back in price when I saw the overall downward trend. I didn't buy down though.
By the time this weekend's Wall happened I decided to make up the difference to one single coin off what I had left after cashing out. Right now it stands at a whopping 1btc and change. I am still a long term sort at heart overall so want some to hold, and other to spend, and other to play with...but truth be told, I'm somewhat still feeling it's going to drop into the 200s and there will be a big panic sell off, which would be when I actually jump back in with a substantial amount and buy as far down as it goes.
I just don't feel comfortable yet saying bitcoin has seen the bottom. It all has this sense of waiting on the other shoe to drop and then the way will become clear. It's just not now because it's sticking at 330s. If it was going up, it'd be into 400s by now without question. It doesn't have enough juice to get there but so far nobody's freaking out and selling off...
I see the bigger picture. I see bitcoin being a true game changer. I see industries overhauling their financial services platforms to incorporate bitcoin or even paying employees with it. I see corporations accommodating it. Bitcoin isn't going anywhere but up barring a mega crisis, but one that happens will impact more than just bitcoin. I fully believe and anticipate bitcoins long term value to be orders of magnitude higher than 300 bucks a pop or even 600. I think it's going UP and we'll play the daily swings and fluctuations, crashes and rallies until that happens.
I'm in for the duration.
I'm definitely buying back in if it hits below 300s into 200s or down...and will go ahead and jump in at 425 because, IMO, if it gets to that, it's on its way up.
I jumped into bitcoin in March this year and it was kissing 400 something when I bought first. I think it was 490 or around there when I bought my first one. I bought a bit more over the next couple months and sold off when it was in the 600s and started dropping...cashed out, bought a sweet laptop and had pocket change left over. I set 300 as the buy back in price when I saw the overall downward trend. I didn't buy down though.
By the time this weekend's Wall happened I decided to make up the difference to one single coin off what I had left after cashing out. Right now it stands at a whopping 1btc and change. I am still a long term sort at heart overall so want some to hold, and other to spend, and other to play with...but truth be told, I'm somewhat still feeling it's going to drop into the 200s and there will be a big panic sell off, which would be when I actually jump back in with a substantial amount and buy as far down as it goes.
I just don't feel comfortable yet saying bitcoin has seen the bottom. It all has this sense of waiting on the other shoe to drop and then the way will become clear. It's just not now because it's sticking at 330s. If it was going up, it'd be into 400s by now without question. It doesn't have enough juice to get there but so far nobody's freaking out and selling off...
I see the bigger picture. I see bitcoin being a true game changer. I see industries overhauling their financial services platforms to incorporate bitcoin or even paying employees with it. I see corporations accommodating it. Bitcoin isn't going anywhere but up barring a mega crisis, but one that happens will impact more than just bitcoin. I fully believe and anticipate bitcoins long term value to be orders of magnitude higher than 300 bucks a pop or even 600. I think it's going UP and we'll play the daily swings and fluctuations, crashes and rallies until that happens.
I'm in for the duration.
I'm definitely buying back in if it hits below 300s into 200s or down...and will go ahead and jump in at 425 because, IMO, if it gets to that, it's on its way up.
You are just like most... Buying at 300 or lower. You guys are just doing this to lower your cost average since you're in too deep! Point is this is what EVERYONE else is doing... How do you expect to make money in a market when you're just another sheep following the herd? Good luck to you all
Try reading what he posted next time. And just for the record, buying in a bear market is going against the herd.
you don't really expect that dude to make sense do you inca? were sheep following the herd cuz we buy when everyones panic selling lol thats rich.
He is just trolling because he is leveraged short and wants the market to go down. We are on opposing sides
Sorry serenities. I haven't met or knowingly discussed bitcoin with a single lady online until know. My bad.
