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Topic: When do you buy Bitcoin ? - page 150. (Read 201246 times)

legendary
Activity: 1442
Merit: 1016
November 29, 2015, 07:46:32 AM
#17
As there so many different types of people out there, the way when, how and how much bitcoins they buy is also very different.
The more money someone had which he can afford to lose the more often he might buy Bitcoin.
Others who have to safe a certain amount of fiat before they can invest will buy much less often of course.The same goes for the amount they can invest.
Furthermore it depends how much risk someone will take. Risk takers buy and trade way more often than conservative participants.
And of course everybody wants to buy when price is "low".And there lots of subjective opinions what "low" is.
legendary
Activity: 3248
Merit: 1070
November 29, 2015, 07:37:04 AM
#16
not buying at the moment, but earning it directly, which is much better imho

but usually when i see a long stagnation, like it was with the 230 mark
legendary
Activity: 2170
Merit: 1427
November 29, 2015, 07:29:53 AM
#15
I only buy Bitcoin when it is getting dumped to the ground, that's when I do buy low and sell high. Other than that, I buy Bitcoin when there are large enough price swings to profit from, but that's purely for day trading purposes.
hero member
Activity: 583
Merit: 503
November 29, 2015, 07:16:51 AM
#14
When the value has stabilized after a (huge) spike; gotta avoid the beartraps. Also, when the prices is very steadily and slowly going upwards. If it rockets upwards, then a correction or something like that is close and investing tends to be unwise, especially when trading on short and mid-term.
sr. member
Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
November 29, 2015, 07:07:33 AM
#13
I usually sell a few things on ebay each month and when I do I just use paypal and pay a little premium and pick up btc. I figure even if btc dies one day its not like I cashed out my 401k and sunk it into bitcoin. Just little investments here and there and it actually adds up nicely.
legendary
Activity: 1232
Merit: 1030
give me your cryptos
November 29, 2015, 06:10:04 AM
#12
When I see a fall, I do my research. I usually do it for a day, to make sure that Bitcoin isn't going to continue that down-trend. A few times I have missed that huge rise, a few times I stayed out and didn't lose alot of my money, and a few times I've done pretty well, if I do say so myself. It depends on how safe you want to be. The less safe, the more lucrative. But it's a double-edged blade. Think carefully.
legendary
Activity: 994
Merit: 1000
November 29, 2015, 05:00:11 AM
#11
I am only doing trading for small profit with my bitcoin neither buying nor selling. From here it will cost me around +30% more to buy bitcoin with my local currency, so i can't convert my fiat into bitcoin.
staff
Activity: 3500
Merit: 6152
November 29, 2015, 04:41:00 AM
#10
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin

I usually sell stuff to get bitcoins and in case the buyer don't accept or don't have Bitcoin as payment method then I accept Paypal and then I buy Bitcoin using Paypal , so It's basically monthly/whenever I have the money  ... once I have decent stuff to sell (mostly digital) .
legendary
Activity: 1232
Merit: 1000
November 29, 2015, 04:32:13 AM
#9
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin

no timetable for buy bitcoin , I buy bitcoin only when the price falls after a few days stable Smiley
legendary
Activity: 1134
Merit: 1000
November 29, 2015, 02:42:42 AM
#8
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin

The price of bitcoin is the most unpredictable thing in this world.Because of its primary characteristics no one can tell what will happen with except rare cases (such may be halvings). It is decentralized (so no one can take care of it to help in achieving the staying in a given level) and is yet child (and is such is "capricious" and do what want; if old and mature will be more restrained and cannot go so fast up and down without any kind of rule). Having those in mind the only thing that can be made (at least that is what I do) is to buy every day on every various period little quantity of it. In this way you will not "feel" the costs and will have always more an more.
hero member
Activity: 812
Merit: 1000
November 29, 2015, 12:13:47 AM
#7
I use to buy a little every month when the price was low, right now it looks as if it might go down a bit further so currently I am not buying but if and when the price goes down I have the funds ready to get in.
member
Activity: 84
Merit: 10
Large scale, green crypto mining ICO
November 28, 2015, 11:45:35 PM
#6
I always do when the price falls, its good to hold some btc ,one day you might be insanely rich guy. Many people buy bitcoins to keep their wealth anonymous.
legendary
Activity: 896
Merit: 1000
November 28, 2015, 11:23:50 PM
#5
i buy it when it falls and i also buy bitcoin with a fixed amount of fiat each month to send to my wallet to hold for a long time. as long as the price stays below a certain price level i will continue to do it.
sr. member
Activity: 364
Merit: 250
November 28, 2015, 10:12:34 PM
#4
i rarely buy btc. last time i bought btc was when the prices were stable at around 230 ish. i think ill buy again if they go under 300.
legendary
Activity: 1736
Merit: 1023
November 28, 2015, 10:04:46 PM
#3
I don't have any regular schedule or anything. Usually would only buy when value seems low enough that it wouldn't dip after I purchased.

Although, lately I haven't been buying any. A regular schedule would likely be the best bet. Maybe allocate a certain percentage of each paycheck or something so it is a slow, steady trickle.
member
Activity: 112
Merit: 10
November 28, 2015, 07:37:58 PM
#2
Im accumulating fiat until I see a good price
hero member
Activity: 1092
Merit: 520
November 28, 2015, 06:23:03 PM
#1
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin
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