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zodiac3011
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November 12, 2015, 03:29:41 PM
 #21

you will make big profit if the price skyrockets like days before. However if it's not, that's still fine too! small fluctuation in bitcoin's price can give you some small profit. Just watch the market, read the news, with some lucks you surely will make some!
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November 12, 2015, 04:05:49 PM
 #22

yes you can but don't think you can buy $120 worth of bitcoin anywhere

If you can then you're extremely lucky
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November 13, 2015, 09:56:58 PM
 #23

Of course! You can make more than a hundred dollars if you time it right. I made about 80 investing $100 just before the big jump ti $480. I'm happy Cheesy

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FaucetWorld
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November 16, 2015, 03:40:15 PM
 #24

i think that bitcoin price will drop to 250$ before to go up again to 400$ like always go down then the price will go double Tongue but to buy now it is not a bad idea to buy now and wait for the price to reach again 400$ will be soon Wink i think it need 2 month or less

$250 is too low. Can't think of a reason why the price will go that low. If we go below $300 we most likely will stay under $300 for quite a while as sell walls will form and keep it there.

I think $250 is quite possible.. next should jump up to $500 or more Smiley but $300 is good price to buy anyway. Nobody knows when next rocket will start.. Wink

Nothing is impossible, but a lot people have bought their coins above $300. There is no reason for them to sell it for anything lower than that if they are not in panic. If they have weak hands, then yeah, they will sell at a loss.

Yes, ofcourse - if is coming panic everyone can lost control and sell.. but my prediction is based on something else. Time will show what gonna happen Wink But I think that less than $ 300 does not fall and that is a good price to buy BTC. If we fall below $ 300 then we can touch even $ 250.
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November 16, 2015, 04:23:00 PM
 #25

Nobody here can give you a 100% guarantee that the price will go up higher than what you invested today. It is still a experiment and a highly volatile currency. The risk takers

always take a gamble, and sometimes it pays off. We look at the overall statistics of the Bitcoin price, since it started and we make a future projection on where it's going. So far

all indications are that it would be VERY volatile over the short term and more stable over a longer term. {So in short... it's not a get rich scheme, with quick returns}

Good luck... small steps, will get you there eventually.  Roll Eyes

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cellard
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November 16, 2015, 11:37:12 PM
 #26

You want to do day trading... it's very basic, buy cheap, sell high. Of course, this sounds easier than it seems, thats why most people end up screwing up and lossing their money long term. It's better to buy and hold long term. And not panic sell.
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November 16, 2015, 11:42:38 PM
 #27

I don't think buying around $300 is a bad idea, but it depends on how much you are willing to hold. I'm not sure where the price would be in the next upcoming weeks but I can definitely see it close to $400 or more at the end of the year, so yeah, you will get some profit.
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November 17, 2015, 06:12:59 AM
 #28

Emibalca, did you do it? Did you buy the $120 worth of Bitcoin? How much bitcoin were you able to get?

Hang on to it...the one thing most of us here agree in is that you'll be able to make a profit on it in the future.

Cheers!

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November 17, 2015, 06:22:25 AM
 #29

Hello,just wanted to ask:if I buy $120 of bitcoin and sell it can I still make a profit?(not expecting a digantic profit but something leke $5 that way I whole slowly build up a bitcoin.
Yes you can make some profit with but I doubt you'll get it quick, if you'll buy right now, you probably need to hold it for some time just to reach your profit goal. Still there's a chance of losing instead of gaining some profit, bitcoin price is unpredictable , be aware of the risks.

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November 17, 2015, 07:33:46 AM
 #30

Theoretically yes, but you will probably lose money rather than gain it. Stay out of daytrading untill you read some ariticles etc. about it.
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November 17, 2015, 07:40:37 AM
 #31

It is definitely doable but not that easy, your instinct needs to be spot on, you need to have a lot of patience and not get greedy at any point. The way I do it is I just try to always stay on top even if it is only by $1, if you start regretting your own decision because you could've made more money it becomes dangerous. For example if I buy at $300 and sell at $315 but BTC goes up to $400, it doesn't matter because I'm still on top. If I'm holding more dollars than I started out with I'll try as far as possible to not buy less BTC than what I got with my initial investment, except if my instinct tells me the current spike has not yet reached its peak.
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November 17, 2015, 08:06:23 AM
 #32

if we know if you could profit or not we would all buy $120 and predict the result lol
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November 17, 2015, 08:35:47 AM
 #33

Hello,just wanted to ask:if I buy $120 of bitcoin and sell it can I still make a profit?(not expecting a digantic profit but something leke $5 that way I whole slowly build up a bitcoin.

If $120 is not a big money for you I'd suggest you to buy Bitcoin with it right now, you will not lose a lot anyway. But if it is a big amount for you then you might wait till BTC goes a bit under $300 and buy at the time. This might never happen though. At least I think it will not.

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November 17, 2015, 09:31:02 AM
 #34

Hello,just wanted to ask:if I buy $120 of bitcoin and sell it can I still make a profit?(not expecting a digantic profit but something leke $5 that way I whole slowly build up a bitcoin.
Yes you can make little by little with day trading. But when you will be out of your laptop keep all your fiat currency as bitcoin. 

 
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November 17, 2015, 11:51:18 AM
 #35

Anything can happen, either you'll make some money or lose some but you will never lose all. It's hard to predict the market movement but if you think the price is going to go up in near future then go ahead and buy it but do remember if it doesn't you will have to keep hold of it until the price of it is over than your bought price and this is why trading is almost like gambling, you're trying to predict the future.

 

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FaucetWorld
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November 17, 2015, 01:40:36 PM
 #36

Hello,just wanted to ask:if I buy $120 of bitcoin and sell it can I still make a profit?(not expecting a digantic profit but something leke $5 that way I whole slowly build up a bitcoin.

If $120 is not a big money for you I'd suggest you to buy Bitcoin with it right now, you will not lose a lot anyway. But if it is a big amount for you then you might wait till BTC goes a bit under $300 and buy at the time. This might never happen though. At least I think it will not.

heh and this is the problem Wink i am afraid to, that price can go under $300, even as low as $250, but i think $300 is good price to buy Bitcoin. Even under $330 in my opinion is worth of risk.. There are speculations that in next two-three weeks will be next rocket up to $500 or more.. - but this version is to me unlikely, $ 400 imo, is more possible.
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