You are not alone.
That is why the price of BTC is being maintained.
That is why the price of BTC is being maintained.
BWAHAHAHAHAHAHAHA
I never tire of reading the utter horseshit that passes for market analysis on the Bitcoin Speculation forum.
Topic: Today I bought out of greed. (Read 2249 times)
BWAHAHAHAHAHAHAHA
I never tire of reading the utter horseshit that passes for market analysis on the Bitcoin Speculation forum.
At these prices, I feel more comfortable buying than selling. If prices will fall, I will buy more.
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
How many dollars will I spend? Any guesses?
Good reasoning. Waiting for the perfect bottom is a common mistake within boat missers. As long as you aren't putting yourself in debt buying Bitcoin is a guaranteed long term success, objectively speaking.My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
How many dollars will I spend? Any guesses?
there are no guarantees
At these prices, I feel more comfortable buying than selling. If prices will fall, I will buy more.
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
How many dollars will I spend? Any guesses?
Good reasoning. Waiting for the perfect bottom is a common mistake within boat missers. As long as you aren't putting yourself in debt buying Bitcoin is a guaranteed long term success, objectively speaking. My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
How many dollars will I spend? Any guesses?
At these prices, I feel more comfortable buying than selling. If prices will fall, I will buy more.
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
How many dollars will I spend? Any guesses?
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
How many dollars will I spend? Any guesses?
You are not alone.
That is why the price of BTC is being maintained.
let just pray that you dont get burned anyway, price is varying sideways, could be a good time to buy, but it could be worthless few month from now, point is , keep some in fiat , because you dont know what the price will be
hope you have some good reserves.
things might take a while until 250 is broken again for good
things might take a while until 250 is broken again for good
At these prices, I feel more comfortable buying than selling. If prices will fall, I will buy more.
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
At these prices, I feel more comfortable buying than selling. If prices will fall, I will buy more.
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
How many dollars will I spend? Any guesses?
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
How many dollars will I spend? Any guesses?
You are not alone.
That is why the price of BTC is being maintained.
I don't quite understand this strategy.
If you have 25k now, why not just buy 25k of btc now rather than spread over time.
Let's compare this strategy (strategy B) with yours (strategy A) under different scenarios...
Scenario 1: btc rises above 250 next week.
Under A, you only have $1k of btc bought, so only gain a bit.
Under B, you have $25k of btc bought, so gain a lot.
Scenario 2: btc rises above 250 after 6 months.
Under both A and B, you have $25k of btc bought, so gain a lot.
Scenario 3: btc never rises above 250
Under both A and B, you lose money.
So B is better than A.
If you have 25k now, why not just buy 25k of btc now rather than spread over time.
Let's compare this strategy (strategy B) with yours (strategy A) under different scenarios...
Scenario 1: btc rises above 250 next week.
Under A, you only have $1k of btc bought, so only gain a bit.
Under B, you have $25k of btc bought, so gain a lot.
Scenario 2: btc rises above 250 after 6 months.
Under both A and B, you have $25k of btc bought, so gain a lot.
Scenario 3: btc never rises above 250
Under both A and B, you lose money.
So B is better than A.
@Strategy: It's more a statement
another bulltard statement.
why didnt you invest those thousands in 2012?
I don't quite understand this strategy.
If you have 25k now, why not just buy 25k of btc now rather than spread over time.
Let's compare this strategy (strategy B) with yours (strategy A) under different scenarios...
Scenario 1: btc rises above 250 next week.
Under A, you only have $1k of btc bought, so only gain a bit.
Under B, you have $25k of btc bought, so gain a lot.
Scenario 2: btc rises above 250 after 6 months.
Under both A and B, you have $25k of btc bought, so gain a lot.
Scenario 3: btc never rises above 250
Under both A and B, you lose money.
So B is better than A.
If you have 25k now, why not just buy 25k of btc now rather than spread over time.
Let's compare this strategy (strategy B) with yours (strategy A) under different scenarios...
Scenario 1: btc rises above 250 next week.
Under A, you only have $1k of btc bought, so only gain a bit.
Under B, you have $25k of btc bought, so gain a lot.
Scenario 2: btc rises above 250 after 6 months.
Under both A and B, you have $25k of btc bought, so gain a lot.
Scenario 3: btc never rises above 250
Under both A and B, you lose money.
So B is better than A.
If he spreads out his buying over time, he has the potential to lower his average entry point. Suppose the price drops to 150 over the next few weeks. He can then buy cheaper coins with scenario A. The tradeoff is if the price rallies above 250 soon. Then he misses an opportunity, but he still has some coin if the price stays above 250 and rallies from there. IMO now would be an excellent time to start dollar cost averaging below a certain price point such as 250.
Time to start scaling back in.
$1000 weekly means $4000 a month, you're rich, man. Do you still have a postive view on Bitcoin?
I don't quite understand this strategy.
If you have 25k now, why not just buy 25k of btc now rather than spread over time.
Let's compare this strategy (strategy B) with yours (strategy A) under different scenarios...
Scenario 1: btc rises above 250 next week.
Under A, you only have $1k of btc bought, so only gain a bit.
Under B, you have $25k of btc bought, so gain a lot.
Scenario 2: btc rises above 250 after 6 months.
Under both A and B, you have $25k of btc bought, so gain a lot.
Scenario 3: btc never rises above 250
Under both A and B, you lose money.
So B is better than A.
@Strategy: It's more a statement, that I am quite sure the market is at a turning point - dollar bulls are at euphoria stage (but loose faith) - bitcoin bulls are still frightened. This might go on for some days or weeks or even month and I will use this phase for accumulation.If you have 25k now, why not just buy 25k of btc now rather than spread over time.
Let's compare this strategy (strategy B) with yours (strategy A) under different scenarios...
Scenario 1: btc rises above 250 next week.
Under A, you only have $1k of btc bought, so only gain a bit.
Under B, you have $25k of btc bought, so gain a lot.
Scenario 2: btc rises above 250 after 6 months.
Under both A and B, you have $25k of btc bought, so gain a lot.
Scenario 3: btc never rises above 250
Under both A and B, you lose money.
So B is better than A.
At everything else, I think you are right. Still, I am not 100% sure (how can I ever !?
, if the bottom is already in. Therfore I want to keep some ammo. If it goes to $120 in the next weeks, I will go all-in without a doubt. And I haven't said I won't buy at prices higher than $250. I will just not go on buying like crazy, when prcies shoot up to new heights....
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
How many dollars will I spend? Any guesses?
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
How many dollars will I spend? Any guesses?
Only ~$4,000 per month. Thanks, and don't let the haters discourage you.
What's the amount of money do you have in hand to buy the coins? 1000 per weeks sounds progressive
Well, I will rethink my decision after 6 month.
But I am pretty comfortable putting up to 25k into bitcoin at these prices.In case it goes over $250 I will not put significantly more money into my bitcoin holdings. I already aquired a nice stack since 2012.
I don't quite understand this strategy.
If you have 25k now, why not just buy 25k of btc now rather than spread over time.
Let's compare this strategy (strategy B) with yours (strategy A) under different scenarios...
Scenario 1: btc rises above 250 next week.
Under A, you only have $1k of btc bought, so only gain a bit.
Under B, you have $25k of btc bought, so gain a lot.
Scenario 2: btc rises above 250 after 6 months.
Under both A and B, you have $25k of btc bought, so gain a lot.
Scenario 3: btc never rises above 250
Under both A and B, you lose money.
So B is better than A.
If you have 25k now, why not just buy 25k of btc now rather than spread over time.
Let's compare this strategy (strategy B) with yours (strategy A) under different scenarios...
Scenario 1: btc rises above 250 next week.
Under A, you only have $1k of btc bought, so only gain a bit.
Under B, you have $25k of btc bought, so gain a lot.
Scenario 2: btc rises above 250 after 6 months.
Under both A and B, you have $25k of btc bought, so gain a lot.
Scenario 3: btc never rises above 250
Under both A and B, you lose money.
So B is better than A.
while price is low buy then hold and w8 for price jump like all here i hope for major income
good luck
good luck
you're right, it's better to buy at the moment. price is low
one question, did you just use bitcoin cost averaging method? (like dollar cost averaging/DCA)
you bought bitcoin at higher price than now some time ago, and you buy again to reduce bitcoin price average that you hold?
one question, did you just use bitcoin cost averaging method? (like dollar cost averaging/DCA)
you bought bitcoin at higher price than now some time ago, and you buy again to reduce bitcoin price average that you hold?
I bought the majority of my coins at $5.
Edit: Bought although @610, @$450, @$340, $160 -> Reason: Lost alot to Mark Kapeles.
you're right, it's better to buy at the moment. price is low
one question, did you just use bitcoin cost averaging method? (like dollar cost averaging/DCA)
you bought bitcoin at higher price than now some time ago, and you buy again to reduce bitcoin price average that you hold?
one question, did you just use bitcoin cost averaging method? (like dollar cost averaging/DCA)
you bought bitcoin at higher price than now some time ago, and you buy again to reduce bitcoin price average that you hold?
What's the amount of money do you have in hand to buy the coins? 1000 per weeks sounds progressive
Well, I will rethink my decision after 6 month.
But I am pretty comfortable putting up to 25k into bitcoin at these prices.In case it goes over $250 I will not put significantly more money into my bitcoin holdings. I already aquired a nice stack since 2012.
What's the amount of money do you have in hand to buy the coins? 1000 per weeks sounds progressive
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