If you came into a pile of money would you be throwing some in,
Topic: Where are you currently sitting on the Bitcoin risk/reward spectrum? - page 2. (Read 2567 times)
August 26, 2016, 06:12:08 PM
If you came into a pile of money would you be throwing some in,
August 26, 2016, 04:20:49 PM
I do as I always do... Wait for others to run, and then I buy, and when the price goes up again... I sell only enough to make my initial investment and I keep on buying in this way, until I doubled my
profits. This may take 1 year or more ... but I stay with this winning tactic and it keeps on paying off. Most investors do not have this patience and they want to see quick profits... I look at the long
term benefits of this kind of strategy.
profits. This may take 1 year or more ... but I stay with this winning tactic and it keeps on paying off. Most investors do not have this patience and they want to see quick profits... I look at the long
term benefits of this kind of strategy.
August 26, 2016, 02:10:24 PM
All trading assets have risk/reward involved thats why only 10% trader could actually make steady regular profit. And same goes for bitcoin, if we don't make smart move on time, we will be in loss.
August 26, 2016, 01:27:23 PM
So it's more sideways while the alts do their thing.
At this particular moment in time what are your feelings about Bitcoin's potential upside for the nearish future? Say, 6-18 months.
If you came into a pile of money would you be throwing some in, or do you currently feel that there's not enough potential considering the possibility of further stagnation or falls?
At this particular moment in time what are your feelings about Bitcoin's potential upside for the nearish future? Say, 6-18 months.
If you came into a pile of money would you be throwing some in, or do you currently feel that there's not enough potential considering the possibility of further stagnation or falls?
When I see that I can make any profit I sell right away which is not good... but i think any relation from 6 to 18 months could be really different.
who can know if any big company start to accept btc for their payment? think amazon, or ebay and so...
make quickly trade I think is the right answer...
August 26, 2016, 09:30:02 AM
i am a long term bull, but one with a realistic way of thinking. i am not expecting any miracles to happen in the last months of this year and the beginning of next year. as some people might say, it will be a boring time for those chasing volatility. of course from time to time we'll definitely have some action on the markets, but nothing as we have seen before.
August 26, 2016, 08:23:12 AM
So it's more sideways while the alts do their thing.
At this particular moment in time what are your feelings about Bitcoin's potential upside for the nearish future? Say, 6-18 months.
If you came into a pile of money would you be throwing some in, or do you currently feel that there's not enough potential considering the possibility of further stagnation or falls?
At this particular moment in time what are your feelings about Bitcoin's potential upside for the nearish future? Say, 6-18 months.
If you came into a pile of money would you be throwing some in, or do you currently feel that there's not enough potential considering the possibility of further stagnation or falls?
if i want to predict i'd give a higher chance to rise rather than falling lower than this. although anything like another hack is possible in bitcoin.
and in case i find some bag of money from somewhere, i will invest it in bitcoin and buy 70% bitcoin and 30% in a couple of altcoins.
August 26, 2016, 07:17:29 AM
How much money are we talking about coming into here? Say if for example I inherited $100,000 I might put $10,000 into bitcoin. I think 10% of a persons savings being in bitcoin is a good thing.
I think the risk is worth it when bitcoin could quite easily double or treble in value over the next 5-10 years.
I think the risk is worth it when bitcoin could quite easily double or treble in value over the next 5-10 years.
A triple of it's actual value would only be $1725!If that happens in 10 years first I think Bitcion has lost it's pole position and some other coin will be on top. No in 10 years I would like to see a price of around $5000!! I mean ten years from now 2 other halvings will have happened.
Furthermore the world economic forum expects that 10% of global GDP will be stored in Blockchain in 2027.As a measure they used the actual GDP of $80trillion. If we assume Bitcoin would be still around at that time and has progressed as we all hope and might have taken a very conservative 0.1% of that pie, the value of Bitcoin would be ~$4000!
August 26, 2016, 06:28:10 AM
So basically if you were given a pile of money you'd play traditional stocks or forex rather than buy btc then?
More than likely, though I'd prefer to purchase a top of the line shed instead. Enough's been allocated to crypto now.
August 26, 2016, 06:12:42 AM
How much money are we talking about coming into here? Say if for example I inherited $100,000 I might put $10,000 into bitcoin. I think 10% of a persons savings being in bitcoin is a good thing.
I think the risk is worth it when bitcoin could quite easily double or treble in value over the next 5-10 years.
I think the risk is worth it when bitcoin could quite easily double or treble in value over the next 5-10 years.
August 26, 2016, 06:03:41 AM
Boredom already? We've only been stuck in the upper 500s for less than a month. We spent nearly a year in the 200s. Come on people.
August 26, 2016, 12:06:26 AM
My average buy price is around $470 and as long as the price stays above $500, you wouldn't find me complaining about the upswings and plummets here and there. Maybe boredom is starting to creep on some of us with the price just playing in the mid to high $500s. I am not expecting it to be any different in the coming months, but maybe next year will be a different story. The most exciting times of the year come about two months before the halving. It would be good to find out what's going to affect the price movement by 2017.
August 25, 2016, 11:57:03 PM
So it's more sideways while the alts do their thing.
At this particular moment in time what are your feelings about Bitcoin's potential upside for the nearish future? Say, 6-18 months.
If you came into a pile of money would you be throwing some in, or do you currently feel that there's not enough potential considering the possibility of further stagnation or falls?
At this particular moment in time what are your feelings about Bitcoin's potential upside for the nearish future? Say, 6-18 months.
If you came into a pile of money would you be throwing some in, or do you currently feel that there's not enough potential considering the possibility of further stagnation or falls?
6-18 months is not so near so it is hard to speculate about it in my opinion
but in long term i always expect a rise since there has not yet been a huge sudden rise, it is possible.
and if i came into a pile of money i would definitely invest some in bitcoin but i would buy it slowly at this point.
August 25, 2016, 10:45:44 PM
bitcoin is more stable than going sideways!
so the risk/reward thing is not so clear right now but i am always believing in the reward part and in case i got some money i would invest in bitcoin but i buy in dips.
so the risk/reward thing is not so clear right now but i am always believing in the reward part and in case i got some money i would invest in bitcoin but i buy in dips.
August 25, 2016, 07:58:44 PM
Oh, since you prodded me I'll spill.
At present I wouldn't bother putting any more money in. The rallies have felt relatively uninspired and I'm not seeing much evidence of anything beyond a bog standard trickle of adoption happening.
My policy is wait and see. If some rumblings about scaling and ETF glimpses don't prod some market twitches then I've no real idea what will. Regular stock markets with stuffy old companies are producing far more action on a day by day basis, let alone forex.
Maybe I'm just bored but so are plenty of other people seemingly. Obviously we're way higher than we were a relatively short period of time ago but that's my pathetic monkey brain lacking perspective.
At present I wouldn't bother putting any more money in. The rallies have felt relatively uninspired and I'm not seeing much evidence of anything beyond a bog standard trickle of adoption happening.
My policy is wait and see. If some rumblings about scaling and ETF glimpses don't prod some market twitches then I've no real idea what will. Regular stock markets with stuffy old companies are producing far more action on a day by day basis, let alone forex.
Maybe I'm just bored but so are plenty of other people seemingly. Obviously we're way higher than we were a relatively short period of time ago but that's my pathetic monkey brain lacking perspective.
So basically if you were given a pile of money you'd play traditional stocks or forex rather than buy btc then?
August 25, 2016, 07:10:37 PM
The future seems up, but it will more than likely be "up" past the 6 month mark, for now it'll probably stagnate if the market doesn't get active again once all the traders get back from vacation. As for whether or not I would put money in if I had a pile of it given to me, chances are I would, however it would be once the market starts moving and showing a bit more life. For now there isn't anything really happening and thus it could easily go up or down at the drop of some news.
August 25, 2016, 06:45:07 PM
Oh, since you prodded me I'll spill.
At present I wouldn't bother putting any more money in. The rallies have felt relatively uninspired and I'm not seeing much evidence of anything beyond a bog standard trickle of adoption happening.
My policy is wait and see. If some rumblings about scaling and ETF glimpses don't prod some market twitches then I've no real idea what will. Regular stock markets with stuffy old companies are producing far more action on a day by day basis, let alone forex.
Maybe I'm just bored but so are plenty of other people seemingly. Obviously we're way higher than we were a relatively short period of time ago but that's my pathetic monkey brain lacking perspective.
At present I wouldn't bother putting any more money in. The rallies have felt relatively uninspired and I'm not seeing much evidence of anything beyond a bog standard trickle of adoption happening.
My policy is wait and see. If some rumblings about scaling and ETF glimpses don't prod some market twitches then I've no real idea what will. Regular stock markets with stuffy old companies are producing far more action on a day by day basis, let alone forex.
Maybe I'm just bored but so are plenty of other people seemingly. Obviously we're way higher than we were a relatively short period of time ago but that's my pathetic monkey brain lacking perspective.
August 25, 2016, 06:05:29 PM
So it's more sideways while the alts do their thing.
At this particular moment in time what are your feelings about Bitcoin's potential upside for the nearish future? Say, 6-18 months.
If you came into a pile of money would you be throwing some in, or do you currently feel that there's not enough potential considering the possibility of further stagnation or falls?
At this particular moment in time what are your feelings about Bitcoin's potential upside for the nearish future? Say, 6-18 months.
If you came into a pile of money would you be throwing some in, or do you currently feel that there's not enough potential considering the possibility of further stagnation or falls?
Let's hear your answers to your own questions, you've been around long enough to have an opinion.
August 25, 2016, 05:44:49 PM
I currently am holding none but am in the means to purchase some when I can.
I wish to hold as much as nearly 1 bitcoin by the end of the month.
This is very likely scenario due to my current financial situation will allow me too.
I wish to hold as much as nearly 1 bitcoin by the end of the month.
This is very likely scenario due to my current financial situation will allow me too.
August 25, 2016, 05:41:30 PM
To be honest, at this point my sentiment and feeling towards the current market is neutral. I expect the coming months to be more or less the same as now with a potential breakout to $600-$650 at most for this year. I am not going to look further than this year as I find it a bit pointless since a lot can happen. I am already happy with the number of coins that I have right now, so even with extra money I wouldn't be interested in using it to buy Bitcoin with at these prices.
August 25, 2016, 05:37:39 PM
I will buy more if it drops, actually right now seems quite cheap. Bitcoin is still developing/spreading.
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