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June 23, 2024, 01:59:34 PM *
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61  Economy / Speculation / Re: It is Buy time! on: June 26, 2016, 10:13:01 PM
As far as price goes , it was a nice run , I was in at 570 and out at 750

(I woulda just held had I bought outright , but I was leveraged at 10:1 so I had to have an exit plan)

I want to get back in but dont see any signals for an entry point

However , I believe in bitcoin long-term so I may just keep buying some here and there for my wallets

If BitCoin catches on mainstream and the prices stabilize that would be great for BitCoin long term

But if people want to just pump and dump it , trade it solely for profits or abuse it in any other way it will just die a slow death

Earn , save ,collect your coins and do good things with them
 
BitCoin is very volatile and risky so remember to only buy what you can afford to lose

GL Everyone
62  Economy / Speculation / Re: It is Buy time! on: June 26, 2016, 10:01:17 PM
Its not really buy time because I think if you are buying the bitcoin right now you will even lose profit for sure because of the fact that its just not worth it buying with this high price.

This kinda annoys me due to the ignorance of people not knowing what happens during a halving process, the supply goes down so the demand goes up... You have to know this from basic eco but some dont i guess.

The supply is not whats being halved its the rate at which miners are being rewarded
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