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Topic: When do you buy Bitcoin ? - page 141. (Read 201272 times)

sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
December 18, 2015, 10:55:47 PM
Im buying bitcoin after i get salary of my realjob Smiley
then i hold it , because i believe bitcoin is future of money
sr. member
Activity: 392
Merit: 251
December 18, 2015, 10:54:31 PM
I buy after pretty much every prize drop. It's w
Quite profitable really. I've made more than two bitcoin from buying, holding for a week then selling. I'm actually write proud of myself, as I'm merely a novice at trading. The only other experiences I've had with trading is trading in-game items. xD
sr. member
Activity: 364
Merit: 250
December 18, 2015, 09:13:55 PM
You actually plan out when you're going to buy Bitcoin? I don't think anyone does that. I just buy when the price is low. Who doesn't?
Yeah It all depends on how you see Bitcoin. If you use Bitcoin to make purchases, transfer money or as a daily currency then 'buying Bitcoin' is a little like someone going to Japan wondering if they should 'buy Yen'. Of course you should if you need to use that specific currency.Wink

Yeah the most logic is to buy low and sell high, but I see that people say that is a bad thing for the system. I have heard when you buy high with bitcoin than the value also will go higher en when u sell it when the price is low than the price can go up. I am still confused about this, but is maybe true. So just buy bitcoin a little amount every month.
thats trading bitcoin for profit though, which can be risky without doing enough research and having the economic knowledge to more or less predict how the price will shift in the short term future, not to mention any fees the exchange might charge for trading. investing a bit in bitcoin every month isnt a bad idea though.
legendary
Activity: 1092
Merit: 1000
December 18, 2015, 07:54:59 PM
i have afew bitcoin but i want to buy more ,
i think now it is not good time because of it has high price and i want to wait till 2016 and when come to true time for to buy bitcoin i will buy more

If you want to be in trading business or want to get a best average price of your bitcoin don't look at price instead just buy regularly in small quantity so you will get best average price. Because no one will give a guaranty that bitcoins prices either moving up or down. If you don't buy now and if bitcoin prices never go low prices than you may need to wait for forever and later you may again regret of missing this chance of buying at low prices.
legendary
Activity: 896
Merit: 1000
December 18, 2015, 06:46:10 PM
i have afew bitcoin but i want to buy more ,
i think now it is not good time because of it has high price and i want to wait till 2016 and when come to true time for to buy bitcoin i will buy more

what you say doesn't make much sense. there is no better time to buy bitcoin than now. the closer we are comming to the block halving, the higher the price will be. you are much better off buying your coins this year.
hero member
Activity: 1442
Merit: 629
Vires in Numeris
December 18, 2015, 06:45:37 PM
The best thing to do is just buy 0.05 bitcoins a weak so that later you will make profit at the end when you trade.
Buying bitcoins in a low price is also good, because when it goes higher you can make profit.
Do you take your profit by selling the bitcoin for fiat or for another cryptocurrency? Do you store your bitcoins on the exchange or in separate wallet?
If you want to buy bitcoin when the price is low, what are the main signals when you see that the price won't fall anymore but raise, so it's high time to buy?
newbie
Activity: 11
Merit: 0
December 18, 2015, 05:45:16 PM
i have afew bitcoin but i want to buy more ,
i think now it is not good time because of it has high price and i want to wait till 2016 and when come to true time for to buy bitcoin i will buy more
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
December 18, 2015, 04:59:23 PM
I have no set time when I buy. I buy when I have had a good month at work and after I've paid the bills etc If there is anything left then I buy a little to keep topped up. I was lucky to manage to invest a fair amount when it was cheaper and dabbled with trading and found I wasn't to bad at it and have increased my coin mainly from that.
sr. member
Activity: 476
Merit: 500
Re-Evolution
December 18, 2015, 04:57:15 PM
The technique that I use for buying Bitcoin is what I like to call the crash method.
When Bitcoins price stars dropping rapidly, and everyone is panicking is when I buy Bitcoin.
It's not risky because it is IMPOSSIBLE for Bitcoin to become worthless because of the huge Bitcoin market.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
December 18, 2015, 04:52:23 PM
I buy basically when I have extra money, which is a couple times a month.  Slow accumulation is the way to go for me.  I'm of the belief that no one can time the market, so I don't try to buy at the bottom or sell at the top.  It's never worked for me before in the stock market, so my take is that bitcoin is no different.
sr. member
Activity: 280
Merit: 250
December 18, 2015, 04:36:30 PM
Now is a bad time to buy, if you believe the value will rise, but if you buy bitcoin for a long term, it is a very good oppertunity.
Meaning you buy with perspective, long term more can happen, a lower low, or a higher high.

Well that's depends on how you look on it. I think it is a good time to buy.
Momentum is going on, not for a few days but since many months now (almost 2). So what we see is a potential of of 500 or even 550.

I feel it buying bitcoin now can be profitable. Offcourse buying lower is more profitable. But in the end profit is profit..
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
December 18, 2015, 03:44:34 PM
Now is a bad time to buy, if you believe the value will rise, but if you buy bitcoin for a long term, it is a very good oppertunity.
Meaning you buy with perspective, long term more can happen, a lower low, or a higher high.
sr. member
Activity: 434
Merit: 250
December 18, 2015, 03:38:58 PM
The best thing to do is just buy 0.05 bitcoins a weak so that later you will make profit at the end when you trade.
Buying bitcoins in a low price is also good, because when it goes higher you can make profit.
legendary
Activity: 1526
Merit: 1001
December 18, 2015, 03:32:18 PM
I do not buy often bitcoin but when i do i try to do when the price is down or when it is increasing rapidly but now the things are changing very fast so better hold and watch.
legendary
Activity: 1302
Merit: 1027
December 18, 2015, 03:27:26 PM
my view is if you are a long term investor then you dont need to see the price, because seeing long term view, i split the purchase into percentage, every month i buy 20% of my revenue what ever the price is, right now my average is $386 and at present the market price is $460 buit still i am not selling because i am a long term investor i am buying for my emergency and its a savings for my family future.
hero member
Activity: 714
Merit: 500
December 18, 2015, 03:15:18 PM
do not have a target to buy bitcoin, but I buy bitcoin when the price falls. because I bought just to play bitcoin trades Smiley

That's pretty interesting I would suggest you to buy Bitcoin during the end of first quarter of 2016 and the end of second quarter because that's the time when you might get bitcoin for lesser price as per the market review from past few years.

I will buy some bitcoin before halving block occurs, probably early in 2016 I will buy. but I buy when the price is suitable to be bought

Me too even I am waiting for the halving and after that the value will come down temporarily so during that time I will buy Bitcoin and between Christmas and new year I will sell my Bitcoin.
legendary
Activity: 3248
Merit: 1070
December 18, 2015, 02:27:54 PM
I myself buy and suggest to buy bitcoin when the price is between $320-$350.

People are saying that won't happen for now so I think you need to wait a long time until that happen.
I am also hoping to get and buy bitcoin, but is just expensive now is so good that is 460 dollars.

bitcoin can not fluctuate in the same range forever, it must progress or dumped and die, there is no other way, this is because of how it was constructed

so in the future do not expect again the same value as today, we will probably never see again these current prices, like we are not seeing anymore sub 100...
hero member
Activity: 778
Merit: 500
December 18, 2015, 10:16:45 AM
I myself buy and suggest to buy bitcoin when the price is between $320-$350.

People are saying that won't happen for now so I think you need to wait a long time until that happen.
I am also hoping to get and buy bitcoin, but is just expensive now is so good that is 460 dollars.
member
Activity: 84
Merit: 10
December 18, 2015, 10:13:49 AM
I myself buy and suggest to buy bitcoin when the price is between $320-$350.
hero member
Activity: 714
Merit: 500
SkyFall
December 18, 2015, 09:56:17 AM
You actually plan out when you're going to buy Bitcoin? I don't think anyone does that. I just buy when the price is low. Who doesn't?
Yeah It all depends on how you see Bitcoin. If you use Bitcoin to make purchases, transfer money or as a daily currency then 'buying Bitcoin' is a little like someone going to Japan wondering if they should 'buy Yen'. Of course you should if you need to use that specific currency.Wink

Yeah the most logic is to buy low and sell high, but I see that people say that is a bad thing for the system. I have heard when you buy high with bitcoin than the value also will go higher en when u sell it when the price is low than the price can go up. I am still confused about this, but is maybe true. So just buy bitcoin a little amount every month.

It's because when people buy in, the demand of bitcoin increases, there are only a certain amount of bitcoins available, they can't be printed out again like fiat. So the only thing that could go up is the value of bitcoin.
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