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Topic: When do you buy Bitcoin ? - page 2. (Read 201246 times)

hero member
Activity: 924
Merit: 1000
October 16, 2016, 11:10:34 AM
I was buying till last week when price was at $600 level but now price has gone higher so not buying at a moment and also not having enough capital at a moment to invest in it.
hero member
Activity: 826
Merit: 1000
October 16, 2016, 10:51:20 AM
I do not even know how to do better today with bitcoin. Is it better to buy or produce. If there will be a sharp drop in the market, it is better to buy coins at a time, and this in the future to make.
I just want to clarify things with your statement, how can you produce a bitcoin? Please give me some light on how is that possible because I really cannot get it now. If you can tell me, maybe I would also do that as there are no risks involve.

Well I guess he is referring the 'buy or produce' as only one meaning or maybe he is referring to mine some of it with the use of mining rigs. There is no risk in bitcoin mining but the electricity consumption bill will kill you, so it is better to buy and just make a calculation of buying and having your own mining rig.

Mining may not be profitable for all so its better to invest that money in buying bitcoins and hold them for future and if you have enough coins then invest a part of it in trading to get regular profits.

Why not both? Cheesy
because investing you are not doing anything it's better to do trading, and i think mining is still profitable until now, if you use lastest antminer.
hero member
Activity: 672
Merit: 503
October 16, 2016, 10:02:49 AM
I do not even know how to do better today with bitcoin. Is it better to buy or produce. If there will be a sharp drop in the market, it is better to buy coins at a time, and this in the future to make.
I just want to clarify things with your statement, how can you produce a bitcoin? Please give me some light on how is that possible because I really cannot get it now. If you can tell me, maybe I would also do that as there are no risks involve.

Well I guess he is referring the 'buy or produce' as only one meaning or maybe he is referring to mine some of it with the use of mining rigs. There is no risk in bitcoin mining but the electricity consumption bill will kill you, so it is better to buy and just make a calculation of buying and having your own mining rig.

Mining may not be profitable for all so its better to invest that money in buying bitcoins and hold them for future and if you have enough coins then invest a part of it in trading to get regular profits.
legendary
Activity: 2422
Merit: 1102
October 16, 2016, 09:39:06 AM
I do not even know how to do better today with bitcoin. Is it better to buy or produce. If there will be a sharp drop in the market, it is better to buy coins at a time, and this in the future to make.

If you can hold it for long term then you can even buy it at the current price as everyone is hoping to see higher price at the end of the year so selling at that time can give us good profits.
The current price is still cheap as it has not surpass yet the all time high price, we are hoping that bitcoin might even reach to $10,000 price so we should consider to buy now, it would be beneficial to us if we hold for a long term since bitcoin is improving now.

Yup price will surely go higher in future and thinking of that I think this is still a good and descent price to buy bitcoins and if you can manage to hold them at least for next 5 years then you will be making good profits from it.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
October 16, 2016, 09:23:21 AM
I do not even know how to do better today with bitcoin. Is it better to buy or produce. If there will be a sharp drop in the market, it is better to buy coins at a time, and this in the future to make.
I just want to clarify things with your statement, how can you produce a bitcoin? Please give me some light on how is that possible because I really cannot get it now. If you can tell me, maybe I would also do that as there are no risks involve.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 16, 2016, 09:21:51 AM
I do not even know how to do better today with bitcoin. Is it better to buy or produce. If there will be a sharp drop in the market, it is better to buy coins at a time, and this in the future to make.

If you can hold it for long term then you can even buy it at the current price as everyone is hoping to see higher price at the end of the year so selling at that time can give us good profits.
The current price is still cheap as it has not surpass yet the all time high price, we are hoping that bitcoin might even reach to $10,000 price so we should consider to buy now, it would be beneficial to us if we hold for a long term since bitcoin is improving now.
hero member
Activity: 798
Merit: 1000
October 16, 2016, 09:02:22 AM
I do not even know how to do better today with bitcoin. Is it better to buy or produce. If there will be a sharp drop in the market, it is better to buy coins at a time, and this in the future to make.

If you can hold it for long term then you can even buy it at the current price as everyone is hoping to see higher price at the end of the year so selling at that time can give us good profits.
sr. member
Activity: 270
Merit: 250
October 16, 2016, 08:53:36 AM
I do not even know how to do better today with bitcoin. Is it better to buy or produce. If there will be a sharp drop in the market, it is better to buy coins at a time, and this in the future to make.
legendary
Activity: 840
Merit: 1000
October 15, 2016, 10:23:44 AM
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

Honestly speaking i just  buy bitcoin only once and  didnt do that again  hence im  just earning it for free anyway thats  why  im not buying anymore.  But in doing trading  i do  only  wait for  such dips  and   try to sell again on a particular high price points which could  really make me  profits.

If you just buy the  bitcoin once and do not sell it. In a few years, it can still worth a lot more than before.
nope not necessarily, I think there are many people who claim this is that holding for a long time will not necessarily provide benefits to you. Here we are given a lesson that you should take advantage of the best possible situation when the price falls to buy and sell when prices are low, long-term investments are not necessarily profitable


You mean to say that sell when prices are high? I think you mistakenly said that sell when prices are low, may be an typo error but I agree that is the best way to treat coins to make short term profits instead of holding them too long.
legendary
Activity: 1372
Merit: 1008
October 15, 2016, 09:46:30 AM
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

Honestly speaking i just  buy bitcoin only once and  didnt do that again  hence im  just earning it for free anyway thats  why  im not buying anymore.  But in doing trading  i do  only  wait for  such dips  and   try to sell again on a particular high price points which could  really make me  profits.

If you just buy the  bitcoin once and do not sell it. In a few years, it can still worth a lot more than before.
nope not necessarily, I think there are many people who claim this is that holding for a long time will not necessarily provide benefits to you. Here we are given a lesson that you should take advantage of the best possible situation when the price falls to buy and sell when prices are low, long-term investments are not necessarily profitable
legendary
Activity: 2422
Merit: 1102
October 13, 2016, 05:53:16 AM
I try to buy whenever I can. Also depending on what the price is though.
If I think that the price will go down in a couple of days, I will wait a couple of days before buying.


nice strategy, sometimes we waiting more than 1week but the price keep rising everyday, at this case better to buy bitcoin now at any rate Roll Eyes

Yeah at whatever price you buy it will benefit you in long run as price will surely rise in future so even buying at current price is affordable to grab higher profits in future.
I think when you buy bitcoin at any price, it will be the same as gambling. because you will not know if the price goes up or down, you're going to rely on luck to get lucky? because it is very possible if the price will probably go down?

No one can predict whether price will go higher or lower, and I think without listening to others we should follow our gut feeling and try to take decisions based on that.
hero member
Activity: 490
Merit: 500
October 13, 2016, 05:18:11 AM
I try to buy whenever I can. Also depending on what the price is though.
If I think that the price will go down in a couple of days, I will wait a couple of days before buying.


nice strategy, sometimes we waiting more than 1week but the price keep rising everyday, at this case better to buy bitcoin now at any rate Roll Eyes

Yeah at whatever price you buy it will benefit you in long run as price will surely rise in future so even buying at current price is affordable to grab higher profits in future.
I think when you buy bitcoin at any price, it will be the same as gambling. because you will not know if the price goes up or down, you're going to rely on luck to get lucky? because it is very possible if the price will probably go down?
hero member
Activity: 672
Merit: 503
October 13, 2016, 05:12:54 AM
I try to buy whenever I can. Also depending on what the price is though.
If I think that the price will go down in a couple of days, I will wait a couple of days before buying.


nice strategy, sometimes we waiting more than 1week but the price keep rising everyday, at this case better to buy bitcoin now at any rate Roll Eyes

Yeah at whatever price you buy it will benefit you in long run as price will surely rise in future so even buying at current price is affordable to grab higher profits in future.
hero member
Activity: 644
Merit: 509
October 13, 2016, 05:07:29 AM
I try to buy whenever I can. Also depending on what the price is though.
If I think that the price will go down in a couple of days, I will wait a couple of days before buying.


nice strategy, sometimes we waiting more than 1week but the price keep rising everyday, at this case better to buy bitcoin now at any rate Roll Eyes
hero member
Activity: 714
Merit: 500
October 13, 2016, 04:57:48 AM
Honestly, the last time I bought, the price was still at $540. That was about two months ago (maybe even older). My target buy has always been below the $600 range, and since now the price is starting to increase again, I am just holding what I bought several months back and wait until such time that I am ready to sell according to my target.
hero member
Activity: 490
Merit: 500
October 13, 2016, 04:37:29 AM
I try to buy whenever I can. Also depending on what the price is though.
If I think that the price will go down in a couple of days, I will wait a couple of days before buying.

why do not you just buy it when the price drops bitcoin is not that is a very good opportunity and should not be in vain, right? because it will give a huge advantage to you? me, I will immediately buy
hero member
Activity: 840
Merit: 1000
October 13, 2016, 04:33:52 AM
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

Honestly speaking i just  buy bitcoin only once and  didnt do that again  hence im  just earning it for free anyway thats  why  im not buying anymore.  But in doing trading  i do  only  wait for  such dips  and   try to sell again on a particular high price points which could  really make me  profits.

I think that is the best way to deal with your coins, buy low and sell high and try to take advantage from each and every price fluctuations and if you can manage to do that then it will give you good profits.
sr. member
Activity: 322
Merit: 250
October 13, 2016, 04:24:43 AM
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

Honestly speaking i just  buy bitcoin only once and  didnt do that again  hence im  just earning it for free anyway thats  why  im not buying anymore.  But in doing trading  i do  only  wait for  such dips  and   try to sell again on a particular high price points which could  really make me  profits.

If you just buy the  bitcoin once and do not sell it. In a few years, it can still worth a lot more than before.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
October 13, 2016, 03:27:17 AM
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

Honestly speaking i just  buy bitcoin only once and  didnt do that again  hence im  just earning it for free anyway thats  why  im not buying anymore.  But in doing trading  i do  only  wait for  such dips  and   try to sell again on a particular high price points which could  really make me  profits.
legendary
Activity: 1008
Merit: 1000
October 13, 2016, 02:12:27 AM
im buying bitcoin when i thinking the price will be rising again..
for me buying bitcoin is a good method to growing my money
That is a good move for short term investment because we can easily predict the price of bitcoin when it started to rise, that will continue so at the first sign we notice the price is rising, we should automatically buy and just sell when it started to stable again.

I think it is the opposite. We should buy when the price is dipping, so when it starts to rise, we are ready to sell. When you buy when it is rising already, then you will miss some opportunity to buy on the low price.
We can never judge the exact time to buy bitcoins, and there is no assurance that if price is rising then it will rise in future too, as if people start selling their coins then it can make price go down.
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