box27
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Activity: 11
Merit: 0
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October 27, 2015, 05:08:08 PM |
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Bitcoin rewards early adopters with cheap coins. I consider you an early adopter when the price per microBTC is < 1 USD.
I'm an idiot for selling my coins, you should almost never sell your coins. Also it's not really a stock, i don't treat other currencies as stock, and i have never in my life experienced such a gain as i've had with bitcoin, the value has gone up 6666,6 %.
For some reason, Bitcoin seems to be sort of stable for a period of time and then tends to go hyperbolic for some reason, i think this will happen again in the near future until it breaks through or slowly goes stable again. The network might even fail for a while because of its popularity. It's slowly sinking in what this specific crypto has to offer.
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jt byte
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October 27, 2015, 05:11:49 PM |
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I think that OP understood if it worth or not.
If somebody invested in bitcoins few weeks before when the price was much lower than now.
Then he probably will earn extra money now if he decided to sell, so i think holding is a good way to make money.
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OccidentalCoin
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Activity: 28
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October 27, 2015, 08:55:31 PM |
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I think that OP understood if it worth or not.
If somebody invested in bitcoins few weeks before when the price was much lower than now.
Then he probably will earn extra money now if he decided to sell, so i think holding is a good way to make money.
Holding bitcoin for more than 3 years will make you money according to short history of bitcoin. There were two price spikes in 2013, we may have only one this year. |
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Decoded
Legendary
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Activity: 1232
Merit: 1029
give me your cryptos
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October 28, 2015, 04:13:40 AM |
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Yes, bitcoin is mostly a currency that was designed to go up.
But if there's a sudden spike (That goes up, not down), stop hodling.
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looking for a signature campaign, dm me for that
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sakira
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October 28, 2015, 04:28:30 AM |
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yes because in the end bitcoin prices will always go up, although there was a decline, but prices stabilized and bitcoin will be back riding, do not have to hold back too long, if you really had enough profit, I recommend immediately sell
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OccidentalCoin
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Activity: 28
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October 28, 2015, 08:10:22 AM |
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The bitcoin goes up and down in short term. It is unpredictable. It will go up in long term (more than 5 years).
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klf
Legendary
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Activity: 1344
Merit: 1000
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October 29, 2015, 02:06:52 AM |
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The bitcoin goes up and down in short term. It is unpredictable. It will go up in long term (more than 5 years).
I think 5 years is quite long time to hold this kind very high volatile product because you see people who has brought bitcoins at 1000 +, don't know still how long they need to wait to reach that price so it is better to watch out your coin prices now and then and if you're already in some lose then it is better sell of and wait for the next good entry instead just buy and wait. |
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Tstar
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Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
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October 29, 2015, 09:03:16 AM |
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I don't know how many people will be able to hold if reach again >500$
Most of us invested a bit in mining and trading and it is more than normal of getting something back.
I'll hold some because I consider my BTC as a savings fund and if we go up, well, I'll see and decide accordingly.
If I can give a small piece of advice to everyone including me: this is the right time to study what to do with our BTC.
It's good to consider every possible scenario and be prepared for it. If one acts because of emotions that will be the end.
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michietn94
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Activity: 1274
Merit: 1001
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October 29, 2015, 09:09:23 AM |
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The today the answer is yes, I can see bitcoin's value is raising and if I'm selling now, ofcourse I already make a profit. But as a great bitcoin holder, I try to keep hold it until the profit really hit my appetite  |
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OccidentalCoin
Newbie
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Activity: 28
Merit: 0
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October 30, 2015, 09:24:22 AM |
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I don't know how many people will be able to hold if reach again >500$
Most of us invested a bit in mining and trading and it is more than normal of getting something back.
I'll hold some because I consider my BTC as a savings fund and if we go up, well, I'll see and decide accordingly.
If I can give a small piece of advice to everyone including me: this is the right time to study what to do with our BTC.
It's good to consider every possible scenario and be prepared for it. If one acts because of emotions that will be the end.
I will just keep on mining. Use some of the mined coins and keep the rest for the long term. The price will rise in the future. |
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bitmarket.net
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October 30, 2015, 10:35:37 AM |
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I don't know how many people will be able to hold if reach again >500$
Most of us invested a bit in mining and trading and it is more than normal of getting something back.
I'll hold some because I consider my BTC as a savings fund and if we go up, well, I'll see and decide accordingly.
If I can give a small piece of advice to everyone including me: this is the right time to study what to do with our BTC.
It's good to consider every possible scenario and be prepared for it. If one acts because of emotions that will be the end.
Tsar, What options do you see for yourself ? |
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Timeline
Legendary
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Activity: 924
Merit: 1000
TokenHouse decentralized cryptocurrency exchange
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November 01, 2015, 02:14:45 PM |
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Yes BTC is imo now a good investment. I don't see it ever going below 200 and there really isn't upper limit.
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Luqman
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November 01, 2015, 04:19:20 PM |
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It can be but it's depending on the market situation..
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lemipawa
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Activity: 1708
Merit: 1003
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November 01, 2015, 04:25:49 PM |
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depends on the trend of exchange rate, if its going up and you buy coins at low rate, yes its profitable, but its not a good idea to hold on to your Bitcoin if you see that trend is going down and you puchased Bitcoin at high price.
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jt byte
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November 01, 2015, 05:25:52 PM |
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I think that OP understood if it worth or not.
If somebody invested in bitcoins few weeks before when the price was much lower than now.
Then he probably will earn extra money now if he decided to sell, so i think holding is a good way to make money.
Holding bitcoin for more than 3 years will make you money according to short history of bitcoin. There were two price spikes in 2013, we may have only one this year. It really depends on the quantity of your bitcoins. If you have a lot then also the profit should be higher. But if you really hope to get a good profit from 1 BTC then that's not good. |
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gentlemand
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Activity: 2590
Merit: 3013
Welt Am Draht
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November 01, 2015, 10:54:00 PM |
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Holding bitcoin for more than 3 years will make you money according to short history of bitcoin. There were two price spikes in 2013, we may have only one this year.
'Short' is the key word here. Nothing's guaranteed and people shouldn't be depending on previous patterns. If it was a 500 year old market then it would be a different matter. It's very different compared to two years ago. Lord knows what it'll look like in five years. Hopefully that's a positive but you never know. |
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razen489
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November 02, 2015, 02:14:06 AM |
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Have 60% holding for long term, which you gamble BTC price to go to infinity
40% to play around and scrap small profits in the short term
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bitmarket.net
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November 02, 2015, 11:42:09 AM |
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Holding bitcoin for more than 3 years will make you money according to short history of bitcoin. There were two price spikes in 2013, we may have only one this year.
'Short' is the key word here. Nothing's guaranteed and people shouldn't be depending on previous patterns. If it was a 500 year old market then it would be a different matter. It's very different compared to two years ago. Lord knows what it'll look like in five years. Hopefully that's a positive but you never know. Gold is looking very different these days comparing to where it was 2 years, ago, too. Bitcoin being so immature currency / asset is only making the uncertainy bigger. |
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dinda22
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Activity: 1232
Merit: 1000
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November 02, 2015, 03:53:47 PM |
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hold long enough bitcoin is a pretty good way to make money. I myself do it long enough around 2-4 months. but yesterday yesterday the price has touched $350 and I was immediately sold.
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GannickusX
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November 02, 2015, 04:46:49 PM |
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hold long enough bitcoin is a pretty good way to make money. I myself do it long enough around 2-4 months. but yesterday yesterday the price has touched $350 and I was immediately sold.
'it's a pretty good way'' Well i would not say it's a pretty good way, it's just like any other investment strategy, it's good if the price goes up and it's bad if the price goes down but knowing how volatile bitcoin is, you know you are going to have a lot of price swings and although some people say you can predict the price in the long term, thats a lie. |
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