best investment strategy is always like in real life buy cheap and then sell high now buy with dolar euro gbp or some other currency and then sell after halving to gain some profit
Exactly. I think that the right time is especially now since Bitcoin's price has been heading downwards during the last days. It may be best to buy at these cheap prices to earn huge profits in the long run. Once price recovers between the $720 - $750 it should be enough to make good income. That is why Bitcoin may be the best investment due to its volatility which makes it very profitable. A good strategy would be the following: 1. Buy low 2. Sell high 3. Exchange BTC to fiat pegged cryptos (like Tether, bitUSD etc) to preserve profits. Just my opinion. It is really hard to invest and make a good profit with bitcoins if you do not have a decent capital to start with as the profit will not ensure you a 100% increase of your capital. I suggest if you want a good return you focus on altcoins and participate during the ICO. Try to buy in small parts on regular basis and keep it untouch and save it for really long time, and in future you can expect best returns when price reaches to the moon. I think some people see bitcoins price just limited to 1000$ or 1500$ , but trust me guys bitcoins price in coming 5-10 years may cross even 10,000$ and then you will regret not saving anything. So, that is your best invest to earn and hold bitcoins. I also believe it could happen, but in 5-10 years? I guess that is too early for the price to react that much. We need at least 20 years to make that happen IMO. Relying on the world to catch up and know about bitcoin is a entire different ball game. The question goes to how many people do we need in the world really to get those prices before so we dont have to wait 5-10 years is something we all wont know. The only gauge we have is if events like "brexit" or worlds events that make bitcoin more valuable in their eyes hoping for a word of mouth gets to them.
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The biggest problem with yobit is that they are slow in reply support ticket, and they sometimes willingly do not reply to the member when they try to hide their fault or mistake, like when their wallet i dried and money is not sent to the user then they do not try to inform their member that wait a litle their wallet is dried and they will fill up/pay as soon they get some money.
The only way to resolve this is let them know your business matters. If the majority are getting the same problem with slow response - they will have to fork a pretty penny to increase their support staff and until in the mean time you just use other services that are open to you I guess.
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] Yes, you are also right, nowadays if someone want to quit trade will not be at mistake, because nowadays the more efficient way of earning is to hold our coins and get profit with price increase with each passing hour.
Instead of that you better find an investment field where you will be able place the money and enjoy the dividends on an annual basis. You have to invest for the future to come when you have not constant source of income. You can place the money in real estates projects among other top end money generating projects. The best investment is to start a business, and do not invest in any online scheme, as it wll not profit you and the most chances of tese investments leads to scam, so the better choice is to start your own business if you cannot do any more trade. This right here should be almost everyones focus lol. A business to generate more potential profits, and to overlook every situation at this current time. Then making a bulk purchase when they can with their profits they made from their business.
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Bitcoin price is on the rise, I think we might see $800 by the next week?
I kinda already see it now. I see the price flux happen towards 1 or 2 days left before the actual event, and if it doesnt happen probably on the day of the event. So regardless it`ll hit how we saw high upwards a week ago $790ish.
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It should be doing both lol.
You play both sides to sustain bad prices if it were to be low. But the view of buying low sell high is only logical if a person has the ability have increased purchasing power through their business.
So in really, people should focus on the present lol.
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Bitcoin price rise will occur before halving in my opinion.Miners need to stay profitable.I see a spike to $1500-$2000 by halving then a collapse to $800.A steady rise back to $1500 by end of year. It will hit $4k in 2017.
It is possible for that to happen in 2017 but it is not sure that it is actually really going to happen. It can happen before that or maybe after that next year we are going to see what it is. Most people are thinking its always bullish but fail to see past history how long it takes for serious price movement to hold. It took 6 years for bitcoin from zero to a couple cents then to a $400 valuation until this halving scenario hit.
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No way it will be within 1 year. If we reach this high price, it will be at least 5 years later. Maybe in 2/3 years some very innovative features are added or a big company like facebook or twitter steps in. Then their will be no limit for the price..
5 years? It will not happen, i mean bitcoin will never touch $10,000 but if this happened will many new billionaire no one can predict the future price of bitcoin. when bitcoin price ever $10 become $1000 more, I hope it could happen again from $1000 to $10.000 Do you all really thinks that we wil hit the 10.000 dollar each bitcoin how can that be true i dont think we will hit that ever, If you all think that will happenthan you have to say with year you think we will hit that amount because when i look at the price right now we ar far from the 10.000 each XD It will take long time to reach that price, not possible in next 5 years or may be even higher, bitcoin is really struggling to touch the price of $1k since long time, so we can imagine how long it will take to hit $10k. thats true to be honest, the price is climbing up really slow at the moment but i dont think that it is such a bad thing and that it means that price is not going to the moon at the moment the price is stable but it is soon going to go up because people will buy bitcoins like crazy i think and we will reach 10 thousand dollar price in like a few years or so dont stress on the price, or you`ll turn crazy. its better to just ignore most of these price arguments and focuse when can help you generate profits so you have more ability to buy then wonder the "what if" moment.
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We are down again but for a limited time and that time is now ending , within a few days we will see that the price of bitcoin will go higher much faster as was a few weeks ago. because the halving is only a few day away from us.
yeah i guess there is no time to hope that prices will fall because halving only stay a few more days for sure the price will start to rise sharply. Its not just that, its because also the world events are changing constantly.. And its not for the better too, which adds that much notice towards bitcoin for countries already aware of it..
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I can see more of a price impact on several reasons.
Like the EU situation with brexit, russias proxy war in ukraine, countries that were in similar situations like greece.
These all need a independent money transmitter which bitcoin serves, so depending on the people there who finally know what bitcoin is about it gains that much more in value.
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Each person own 1 Bitcoin and hold on to it for 20+ years.
Bitcoin is the best investment of all time. Owning Bitcoin is better than owning a house.
Sounds pretty long time frame to me especially considering the fact that the age of btc is already only 7 years - and even that has felt like forever. However, holding 1-5 btc should not be impossible, and even larger amounts as long as you are having income from other sources and are not forced to sell at current levels. Its not just that, but the other markets like gold and silver has to be over flowing and being unable to cater to peoples needs. Then people start looking for other options like bitcoin, but if the market cap for gold is close to 5 trillion then bitcoin remains a small billion category.
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Its good to see the obvious choice being there.
But I see it more of a over time thing, then a quick mass of buy orders for btc for their business or daily money transfers.
Just like how the US there is people aware of bitcoin, but its not everyone who knows about it.
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I dont know where you got this information because it is really wrong there is not coming a new drop so the 400 wwe will never go back to that the real price for now is 638 dollar and i think that at the end of this year the price of the bitcoin will be 1000dollar.
I agree with you. The $800 price is sustainable for this year. The $1000 price depends on the block size increase. Price doesnt matter on technicals of it, although it just re-enforces the price if it were to hit or be close to it. The only thing you should look at is how to speculate a # of buy orders that triggers people to buy more after this halving hits.
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i just recently switched back plans that the 4g wont be able to use my iphone5 I have.
Anyone selling their iphone 6, not the plus.
Escrow is a must.
Must be in the states.
Anywhere near the high mid $200 range is ideal, but I`m willing to agree on to a price if its close enough. If I dont get any response, I`ll be locking the thread and just end up buying a ebay giftcard through gyft.
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This is usual since the beginning of bitcoin, once there is a big pump, expect a big dump too.
The important thing to look at, is the correction. Where it will be landed after the big pump? It's more to put concern that the panic selling that will happened after such huge pump.
I think we had the dump already from 780 to 540 and now it is stablizing to 630-650 area from where the odds are higher to go up than down IMO. Obviously it is not guaranteed to rise so there is a probability of 20-30 % to furter go down. It is your job to decide if this probability is high or low. Basically a price recovery which I only see fit beacuse the event hasnt taken place yet. But I can only imagine if the event was already over it would fell harder in my view. Fear is what drives people to sell off naturally so I can see that happen.
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$4k sounds way absurd. when we cant even reach $800 within 10 days for the actual event.
please, put your feet on the ground and look at it realistically that needs to get there.
It needs a ton of buy orders from the other side to reach this point.
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Guys, where is best place to get 1 milion € out from BTC? I need money inside europe! Is kraken better then bitstamp? Or any other better?
We know that we are never going to see the Bitcoin value at one million Dollars because that would mean that the Bitcoin is really rare. I know that some people hope for this to happen but it will not. Its not just a rare situation, its also a impossible one. Or more like the world market has to plunge into the gold market 1st and then if the gold market cant support everyones gold then thats when people start heading towards silver, then bitcoin.
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That sucks.. it seems like they been putting limitations based on the transaction limit they set on their terms.
I have no idea man, since most my coins come from localbitcoins cash ads or cash deposits without the coinbase drama.
Didnt they also screw up recently with charging people twice through people accounts..
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The question you have to ask during this whole halving event, is will there be enough of a demand of buy orders on the other side.
As while these sell off happens and if you dont, it just create panic as well making the price go down to what it was originally.
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Outside from wearing the obvious signature campaigns..
I would get into the service section then see and cater to the people who are looking for certain things done.
Or just figure to sell stuff off ebay like anyone does but put small amounts into bitcoin gradually getting to 1 btc.
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Im going to assume you know chinese? based on the years you go back and have a business there etc.
So if you are aware of the cost of electricity being way cheaper wouldnt you start doing a mining farm? and then evetually buying out a warehouse if you ever grew so big.
Similar to someone whos trying to do in the states.
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