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Topic: Too late to buy? - page 2. (Read 6342 times)

member
Activity: 112
Merit: 10
Mentally ill computer nerd trying to come up.
November 08, 2013, 11:18:26 AM
#51
thanks for the advice guys just bought in 1.5 btc at 328.31 at coinbase while my ticker gadget says its at 357.  they charge me $5 fee but it looks like they are going lose over $45 on this transaction, do you think it will still go through?
hero member
Activity: 504
Merit: 502
November 08, 2013, 10:16:59 AM
#50
in April when btc hit $266 and crashed, those who bought for more than $140 were cursing for months.

I bet there are plenty who would gladly pony up for coins at $266 today.

This thing has not even begun to crawl yet.
hero member
Activity: 561
Merit: 500
November 08, 2013, 09:56:01 AM
#49
Rather than trying to time the market, buy a little each week/month. You'll participate in growth and be able to take advantage of dips.
legendary
Activity: 2576
Merit: 1087
November 08, 2013, 09:47:03 AM
#48
Better to fret about how much to sell, than how much you could have bought Wink
member
Activity: 104
Merit: 10
November 08, 2013, 09:38:42 AM
#47
I put a load into bitcoin in the summer just after the big crash (nothing major in the grand scheme of things). I'd done my research, and still wanna support what is shaping up to be a revolutionary way of thinking about money. At the end of the day, invest in bitcoin if you believe in its potential. If you really believe in it, now is as good a time as any. The only situation in which this is "too late" to buy is the one where all the intelligent people that post in this forum and are actively working on bringing bitcoin to the masses were misguided...but not only that, it will be the situation where the dinosaurs that run the current system manage to surpress it...against all logic, reason and humanity. I think that's worth betting against. Mankind has made its fair share of mess ups, but this is one where i'm personally betting the SUPERIOR technological system will win through! Regardless of all the political bullshit that will doubtless come its way. "Too late to buy" questions will have more relevance in 5-10 years I reckon.
full member
Activity: 153
Merit: 100
November 08, 2013, 09:26:19 AM
#46
I'd rather play the bitcoin game than the stock market game, personally I'm not willing to take part in a rigged economy set up and 'controlled' by central banks and other elite financial institutions who think they own and control the world. The stock market is in for a big crash soon, they are pretty much at their top now and can't be pushed much higher anymore. Bitcoin however hasn't even begun to blossom yet. You can wait for a big correction to buy in, but there is a very good chance that bitcoin will be worth many multiple times of todays value in 2 years from now. Invest what you can miss for at least 2 years, and don't stress over short term charts.

+1

"don't stress over short term charts" - easier said than done! especially this last week!
legendary
Activity: 1246
Merit: 1000
November 08, 2013, 09:12:38 AM
#45
I'd rather play the bitcoin game than the stock market game, personally I'm not willing to take part in a rigged economy set up and 'controlled' by central banks and other elite financial institutions who think they own and control the world. The stock market is in for a big crash soon, they are pretty much at their top now and can't be pushed much higher anymore. Bitcoin however hasn't even begun to blossom yet. You can wait for a big correction to buy in, but there is a very good chance that bitcoin will be worth many multiple times of todays value in 2 years from now. Invest what you can miss for at least 2 years, and don't stress over short term charts.
newbie
Activity: 51
Merit: 0
November 08, 2013, 09:09:03 AM
#44
It is just greed that is driving the price now, not a natural growth. Just wait, have some patience. This is Bitcoin, there are going to be dips and crashes. And if not, there will be better cryptocurrencies in the future that might even make Bitcoin obsolete, plenty of opportunities to come.
newbie
Activity: 9
Merit: 0
November 08, 2013, 09:05:20 AM
#43
It's never too late to buy. At least for now, when prices are rising. But will this always be the truth?
I don't think so. Does bitcoin get stronger with all the money pumped in, or someone just want's us to believe that? What must happen for bitcoin supporters and large hoarders to lose faith? Maybe a sudden drop to 1% of current value, after NSA's supercomputer 51% attack?
legendary
Activity: 1526
Merit: 1002
Bulletproof VPS/VPN/Email @ BadAss.Sx
November 08, 2013, 08:28:29 AM
#42
Backed by the might of the US military? One huge dollar dump from China on the worldmarket and the USA is nothing more worth then a few islands of greece.

And let us play with bitcoin. You do that with your army patches, we with virtual money. Do we condemn you?
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
November 08, 2013, 08:23:15 AM
#41
BTC is too high and volatile, and  it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

Its one thing to advise people to sell BTC. But when you combine this with the advice to buy the stockmarket, this goes down as the worse post of advice I have EVER seen on this forum.

And that says a lot.



I don't recommend people to invest their money in stocks, bitcoin, gold, poker or whatever, but for investors that have a lot of funds available and want to make extra money, the stockmarket is much safer and it's retegulated by the SEC.

Let's be honest, bitcoin is an illusion like the dollar and have potential of reaching zero today or tomorrow, but the U.S. dollar is backed by the might of the US military. It's pump and dump nothing more, nothing less.

For sure, you shouldn't buy any bitcoins.  I am however wondering what you are doing here on the forums if this is your opinion about bitcoin.  Are you perhaps talking your book?
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
November 08, 2013, 08:20:05 AM
#40
BTC is too high and volatile, and  it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

LOLOLOLOLOL

I try not to feed the trolls, but that was so hilarious I just had to laugh.

"Backed by the US military" was pretty funny too.

 Smiley Wink Cheesy Grin Roll Eyes
legendary
Activity: 1002
Merit: 1000
Bitcoin
November 08, 2013, 08:02:35 AM
#39
I buy whaterver I can afford to below 1000 !
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
November 08, 2013, 06:25:21 AM
#38
Let's be honest, bitcoin is an illusion like the dollar and have potential of reaching zero today or tomorrow, but the U.S. dollar is backed by the might of the US military. It's pump and dump nothing more, nothing less.

You know that's not really true. The dollar is going to have an extremely hard time holding it's value if the military has to put a gun in everyones face to force them to use it and not something else, like bartering pumpkins.

The more force you need to use to make someone believe, the less likely they are to actually believe in it.
legendary
Activity: 2156
Merit: 1131
November 08, 2013, 05:58:13 AM
#37
OP, just wait a few hours and enjoy the show. Make the decision to buy or not, and when to buy, after you'll see more.

What are you talking about ?
legendary
Activity: 2170
Merit: 1094
November 08, 2013, 05:38:48 AM
#36
OP, just wait a few hours and enjoy the show. Make the decision to buy or not, and when to buy, after you'll see more.
legendary
Activity: 2156
Merit: 1131
November 08, 2013, 05:31:59 AM
#35
Its one thing to advise people to sell BTC. But when you combine this with the advice to buy the stockmarket, this goes down as the worse post of advice I have EVER seen on this forum.
And that says a lot.
I don't recommend people to invest their money in stocks, bitcoin, gold, poker or whatever, but for investors that have a lot of funds available and want to make extra money, the stockmarket is much safer and it's retegulated by the SEC.
Let's be honest, bitcoin is an illusion like the dollar and have potential of reaching zero today or tomorrow, but the U.S. dollar is backed by the might of the US military. It's pump and dump nothing more, nothing less.

US dollar is only backed by the believe that the planet resources are infinite and the US economy will grow forever and never collapse. This is bullshit.
On the other hand with Bitcoin, you don't have to trust any government, politics or corporation. Bitcoin is just maths, it cannot lie.
newbie
Activity: 6
Merit: 0
November 08, 2013, 05:00:14 AM
#34
Yes its too late, the rise has been way too fast. Have some patience.
hero member
Activity: 854
Merit: 1000
November 08, 2013, 04:58:09 AM
#33
None of the exchanges offer a stop loss, which is why my trader friends laugh at me all the time

How can I get a stop loss going?

Yes they do.
Look at the top right corner of your browser's windows : there is a small red cross there.
Click on it.
Wait a few months.
Profit.

Youre right, if I had followed this after april i'd have 3x the coins.
newbie
Activity: 41
Merit: 0
November 08, 2013, 04:18:07 AM
#32
Bitfinex offers stop, limit, market and fill or kill.

I find it works very well and allows me to speculate on price rises with borrowed funds and leverage without ever holding usd.
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