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Topic: What price would you stop buying Bitcoin? - page 11. (Read 9880 times)

legendary
Activity: 1442
Merit: 1008
The last time i bought bitcoin was earlier this year when the price about $1100. I don't have the courage to buy bitcoin right now because the price is rather high and it seems to be rising everyday without correction, so i want some correction to happen first before i consider to buy more bitcoin.
just think about when you buy half of bitcoin worth $850 now , in the future when bitcoin price keep increasing and reach up to $17,000 how much value you would get later? it's $8,500 ! you shouldn't think about the current price are so expensive , but think about the potential price growth ! then you might wouldn't feel worry to buy bitcoin anytime!
hero member
Activity: 1330
Merit: 569
The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying? 

At this point, it does not matter the price at which everyone intended to stop buying because at an increase in that price someone is willing to still buy more. Bitcoin today has expanded beyond the reach of individuals and this is gradually going beyond the reach of countries. Its a free market that even if we on this forum agrees not to buy, there are millions of people outside the forum that are willing to mop up those ones we are refusing and the price still remain the same.
sr. member
Activity: 756
Merit: 251
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The last time i bought bitcoin was earlier this year when the price about $1100. I don't have the courage to buy bitcoin right now because the price is rather high and it seems to be rising everyday without correction, so i want some correction to happen first before i consider to buy more bitcoin.
legendary
Activity: 1176
Merit: 1001
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The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying? 
At current price even though pumps are still occurring. I do not have the courage to buy bitcoin at this moment because scare the price will down after I buy bitcoin. if bitcoin prices can survive at current levels for some time I will buy bitcoin again like when bitcoin passes $ 1200.
newbie
Activity: 9
Merit: 0
keep buying when you can  Cool and forget it for 5 years  Cheesy
hero member
Activity: 490
Merit: 501
As I see it, the value of Bitcoin is poised to really go upwards and who knows what level it would stop? The main issue here is what we can afford or the amount of money we can use to buy Bitcoin. Start from there and do not worry so much if it is still rising because that is actually good news. Buy Bitcoin now and be happy later.
full member
Activity: 235
Merit: 100
I think it depend on what you are doing. if you are a trader the price technically doesn't matter. but if you are a HODl then it does as the price can go against you within a short time. But i will rather wait to buy in a dip or retracement somewhere between 900 to 1200 that is if it retrace to that.
hero member
Activity: 1372
Merit: 500
The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying? 

Fiat is just rubbish and more and more people are understanding this each day.  I would be happy to trade that paper crap for something of decent value any day.
hero member
Activity: 1190
Merit: 534
I don't think I will stop buying at any certain stage because I see it as a payment system and if I need to send bitcoins to someone then I would buy it rather than sending from my savings. Yes, I believe that bitcoin will eventually show extraordinary performance down the road but that doesn't mean that I would not buy it. On the other hand, I might increase the volume of the purchase if the price falls.
legendary
Activity: 3080
Merit: 1353
I prefer earning bitcoin instead of buying. Through signature campaigns and through my website I am able to earn good. I only bought bitcoin twice when i first started with bitcoin. From then I prefer earning than buying.

Probably case to case basis. Like you mate, you prefer to earn bitcoin through signature campaign and you don't want buying it. But most of us here, aside from signature campaign earnings, want to buy and invest through it. For me the price of bitcoin is irrelevant, As long as you have the money to buy and saved it, then it will not be a problem. Of course the old statement, "buy low, sell high" still holds true. But if you are waiting for the price to go low, then you will not buy it because the trend now is going up. So if you are really interested on bitcoin as store of value or investment, you will buy it at any market price to hold for future profits.
sr. member
Activity: 652
Merit: 257
I would only stop buying Bitcoin if something catastrophic happened to the security of the blockchain. Aside from some crazy things in the media, probably no price would influence me. By the time this question would be relevant would we even be basing it in dollars?
sr. member
Activity: 490
Merit: 250
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The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying? 

Well, by looking at the price of bitcoin now, it seems keep increase. So, i'm not stop buying bitcoin for now, just buy bitcoin everytime i have money. Because i predict the price of bitcoin can reach $2000 on this year.
hero member
Activity: 826
Merit: 501
Bitcoin price is already so high so i already stop buying bitcoin what i gonna do is hold my bitcoin until the bitcoin price go up to a high price that i want but at this time not the best time to buy bitcoin maybe if the bitcoin price go down rapidly i will buy big volume of it.
legendary
Activity: 3500
Merit: 2246
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The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying? 

Well, frankly speaking 3 months ago I thought $1,500 is the high limit for Bitcoin price this year.  Apparently I was wrong about it. They say the price is rising due to wider adoption of BTC in Japan and I also heard that something similar is happening in Australia. If most people who are buying Bitcoin now are not traders, but long term investors, which is most likely, then the price will continue rising in the future.
hero member
Activity: 2590
Merit: 644
I will stop buying bitcoin if the price reaches at least 3000 USD per bitcoin because if the price reaches that i can expect dump for the price and i will just wait for the price to go down to 2000 USD and i will buy some few bitcoins and sell them for a high price.
sr. member
Activity: 644
Merit: 250
I prefer earning bitcoin instead of buying. Through signature campaigns and through my website I am able to earn good. I only bought bitcoin twice when i first started with bitcoin. From then I prefer earning than buying.
hero member
Activity: 2660
Merit: 551
Mostly depends on your financial status. I buy BTC from the savings every month or two but now I have stopped as the price is too high, waiting for a dump to happen and then will buy all in BTC.

Waiting for prices to come down is not a good way of investment because sometimes you may need to wait for long or forever because prices may not fall back to what your expecting. So it is good to start accumulating prices in small quantities now and then so that you buy price will average out. But as of now, prices are going only one direction and didn't correct for a long time so don't know what is happening.

And don't expect bitcoin price to go down the sub $1000 now. And if you kept waiting for the bitcoin price to go down, then you will miss a lot of opportunity because it may not come down. As what the poster above me said, buy in small amounts or like put 5-10% of your monthly salary to bitcoin and try to accumulate as much as you can.
legendary
Activity: 1848
Merit: 1000
Suppose it depends on their financial situation, myself I will continue to spend an amount of fiat regardless of the price of bitcoin, so if I buy $50 a month that will remain in place.
jr. member
Activity: 59
Merit: 10
The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying?  

   If you are expecting it to continue to rise then why would you not want to buy more? I wouldn't be risking money that you can't afford to lose though
legendary
Activity: 1218
Merit: 1003
I stopped buying a long time ago at 238€. Granted I did buy a few times as the price was falling, at 345€ then 290€, then 238€, but I felt like the price was low and that downside was low.
Now we are at all time highs, I am not saying that the price won't continue to rise from here, but there is a lot of downside.  I mean $1000 is a good price historically, but someone buying today would be sat on a 40% loss at $1000.

I would be tempted to sell at some point, then rebuy should the price fall to increase my number of Bitcoins. The problem there is obviously that I don't know if and when the price will fall, and if it does, who knows where it will settle or how low it will go!

I am a happy holder at the moment.
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