Topic: What price would you stop buying Bitcoin? - page 5. (Read 9880 times)
I think the price of the bitcoin has been very expensive, but I think prices will keep going up so I'm going to keep buying regardless of the price of the bitcoin, I stopped buying if the price was up to $5000.
I don’t really set a price on Bitcoin because it does not matter what price Bitcoin is at if I wanted to spend Bitcoin immediately. Trying to tie Bitcoin to USD is a bad idea and it kind of goes against what Bitcoin is and the people that are trying to make it seem like Bitcoin can’t be purchased at a high price because it will be really expensive to the average person really didn’t research what Bitcoin actually is. Unless there is a minimum limit that a person much purchase when the price of Bitcoin gets very expensive then there shouldn’t be an issue of people trying to purchase portions of it at a high price.
Never, its a case of risk management. No one has access to a crystal ball however if you ready up on your investment strategies and manage a portfolio you can hedge your bets in order to decrease risk and generate the best possible outcome.
I personally hold shares in around 7 altcoins alongside more so traditional investments and I monitor news reports and buying trends to ensure that I make the best decision possible based on the independant information that I have access to.
No such thing as bad publicity! There is a lot of press about Bitcoin at the moment and this will have a positive outcome, as we have seen over the past few days the price is rising at a rate that some would call alarming, but to me it is not. Bitcoins logistics are setup to leverage a supply and demand economic and that is favourable for many.
I personally hold shares in around 7 altcoins alongside more so traditional investments and I monitor news reports and buying trends to ensure that I make the best decision possible based on the independant information that I have access to.
No such thing as bad publicity! There is a lot of press about Bitcoin at the moment and this will have a positive outcome, as we have seen over the past few days the price is rising at a rate that some would call alarming, but to me it is not. Bitcoins logistics are setup to leverage a supply and demand economic and that is favourable for many.
I stopped buying Bitcoin at the time when the price approached 1200 dollars. I thought it was expensive and soon there would be a collapse. But I was very mistaken. Now I do not know what to do. The price is very high for purchase
but to me i still continue buying bitcoin, as to me bitcoin has still good potential to increase, and i am hopeful that once bitcoin will cross 2000 USD hurdle then it will continue its movement very smoothly and very soon going to cross 3000 USD level.
It will never be stop buying bitcoin..
Everyone is buying and selling bitcoin, and that's the reason price is moving up.
The current price shows the current demand of bitcoin.
I am talking about traders..
Every trader will keep buying and then sale bitcoin for profit.
So the buying will never stop as long as the bitcoin exists.
Except some of the people, who bought bitcoin as their long term investment.
Bought at very low rate, and maybe now they are selling. But those people will never buy at the current price..
They are just praying for the price to dump below $1k maybe, so that they can grab some more and make big profit.
That's the traders whose efforts are moving bitcoin price up & up.
It is also good to mention that bitcoin price may drop anytime or maybe it will hit $3k by this years.. WHO KNOWS!
If it hits $3k, peoples will be able to make good $1.1k profit per bitcoin.... if they buy at current price.
This is just my point of view.
Everyone is buying and selling bitcoin, and that's the reason price is moving up.
The current price shows the current demand of bitcoin.
I am talking about traders..
Every trader will keep buying and then sale bitcoin for profit.
So the buying will never stop as long as the bitcoin exists.
Except some of the people, who bought bitcoin as their long term investment.
Bought at very low rate, and maybe now they are selling. But those people will never buy at the current price..
They are just praying for the price to dump below $1k maybe, so that they can grab some more and make big profit.
That's the traders whose efforts are moving bitcoin price up & up.
It is also good to mention that bitcoin price may drop anytime or maybe it will hit $3k by this years.. WHO KNOWS!
If it hits $3k, peoples will be able to make good $1.1k profit per bitcoin.... if they buy at current price.
This is just my point of view.
People will continue to buy bitcoin even if it goes down to $1. It will never go away. At the very very least it will have value just because of it s history. Thats worse case scenario.
I stopped buying Bitcoin at the time when the price approached 1200 dollars. I thought it was expensive and soon there would be a collapse. But I was very mistaken. Now I do not know what to do. The price is very high for purchase
How do you know when it reaches its peak. We all want to know.
When the dogs on the streets starting barking "Buy BTC".
Its a clear sign of saturation.
I would only stop buying it if it reach its peak, I mean the most higher price that we could never imagine, because if we are still going to buy when that time comes, we couldn't have any profits at all in the long run, we might just lose the capital that we have used on buying it. So we have to be wise on buying bitcoin, and avoid making naive decisions that you might regret on the end.
How do you know when it reaches its peak. We all want to know.
If we look at rising bitcoin prices, we have a view of bitcoin's advancement itself as an investment in the future, although sometimes we have to analyze feedback from price movements that are afraid of falling, it seems necessary consideration to buy Bitcoin in Time due to fear of falling prices
That is why we need to fill ourselves with new so that we will have a more broader idea about Bitcoin whether it is rising to a higher heights or is it falling down like an avalanche. For example, we know this year the price of Bitcoin to reach $2000 is certain especially countries started accepting Bitcoin thus the users and demand increases. Also you tend to sell your Bitcoin when it reach $2000 because as they say Bitcoin price would undergo correction thus it will adjust the price as to what it should be that means the price would go down then you will buy Bitcoin in its cheapest price.
With the current price now, I don't think I'll ever buy again, I officially stopped, unless it crashes. I would prefer mining at the moment
I think a Good Investor will never Stop Buying It .
As the price wont be stable We cant say anything about The Price .
Its always better to study the market .
As the price wont be stable We cant say anything about The Price .
Its always better to study the market .
If we look at rising bitcoin prices, we have a view of bitcoin's advancement itself as an investment in the future, although sometimes we have to analyze feedback from price movements that are afraid of falling, it seems necessary consideration to buy Bitcoin in Time due to fear of falling prices
I won't. I'm a high school student and every time I get spare cash, I head down to the BTC atm and top up my wallet. I even use my lunch money! Next stop is 10k... buy now or cry later!
If you are confident of the long term trend and the potential for higher prices in the future, cost averaging might be a good strategy. Buying regularly at certain prices will still give a good amount of gains if done correctly. This new all time high will merely be another price that's cheap to buy at if you look at it years from now.
I would only stop buying it if it reach its peak, I mean the most higher price that we could never imagine, because if we are still going to buy when that time comes, we couldn't have any profits at all in the long run, we might just lose the capital that we have used on buying it. So we have to be wise on buying bitcoin, and avoid making naive decisions that you might regret on the end.
Buy on the sound of cannons, sell when the violins are playing... I would not buy right now, with all that fuss. I think the price will fall before a new high, so I'm waiting.
Bitcoins are fairly similar to stocks in a way so I am not quite sure if there is a maximum price at which people would stop buying them. As the price of bitcoins continues to skyrocket (I believe its value reaches 1900 USD today), investors will be more likely to buy in as they would like to see the value of their assets increase. What would stop people from buying bitcoins however is if people were to start selling their bitcoins at a faster rate than it is being purchased, leading to a downward spiral in which more and more people continue to sell while the value continues to drop. That is essentially what took place during the Great Depression quite a few years ago. Let's hope that doesn't happen anytime soon! Though despite the cyclical nature of a stock crash, bitcoin has proved itself unwavering and has survived many 'deaths' over the years. Perhaps the root cause would be the stalwart believers in the decentralized currency, supposing that a lower price would simply be a positive opportunity. Basically if they price would start to plummet, bitcoin holders would start to sell off all their bitcoins. Then, when the price has reached its low, they buy back their bitcoins for a much lower price.
as of now i wont stop buying bitcoins because we all know that the price keeps pumping in the near future, though the price right now is high it would be more higher in the more future. We cant predict it but we are sure that the price now will be more double in the future. Well if the bitcoin will die and that is the time i will not buy anymore bitcoin .
Ifthe price was flat for like a year everybody would stop buy including me. At that point it would just be money which is not a bad thing.
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