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hanlap
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September 01, 2016, 06:54:40 PM |
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No target, still buying what I can afford to lose. When the time comes, I won't need fiat, I'll just spend from my btc savings. Which btw,I consider my btc a form of savings account, not a standard investment so I don't really plan to be in and out at the markets whim. Just letting what happens happen. I figure if we ever hit $100k USD per BTC I might buy something nice, but I wouldn't use all my holdings.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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eddyubachs
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September 01, 2016, 07:00:30 PM |
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No target, still buying what I can afford to lose. When the time comes, I won't need fiat, I'll just spend from my btc savings. Which btw,I consider my btc a form of savings account, not a standard investment so I don't really plan to be in and out at the markets whim. Just letting what happens happen. I figure if we ever hit $100k USD per BTC I might buy something nice, but I wouldn't use all my holdings.
Its difficult to expect that high price from bitcoin in future, I don't think bitcoin can go over $10k in future and that is also not sure whether it will achieve that price or not. |
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Japinat
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September 01, 2016, 10:29:58 PM |
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No target, still buying what I can afford to lose. When the time comes, I won't need fiat, I'll just spend from my btc savings. Which btw,I consider my btc a form of savings account, not a standard investment so I don't really plan to be in and out at the markets whim. Just letting what happens happen. I figure if we ever hit $100k USD per BTC I might buy something nice, but I wouldn't use all my holdings.
Its difficult to expect that high price from bitcoin in future, I don't think bitcoin can go over $10k in future and that is also not sure whether it will achieve that price or not. Of course it can go that big amount but the question is all about the right time because I do not see it will happen the soonest, we hardly even see the amount of $1,000 again. |
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uname
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September 01, 2016, 10:47:59 PM |
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No target, still buying what I can afford to lose. When the time comes, I won't need fiat, I'll just spend from my btc savings. Which btw,I consider my btc a form of savings account, not a standard investment so I don't really plan to be in and out at the markets whim. Just letting what happens happen. I figure if we ever hit $100k USD per BTC I might buy something nice, but I wouldn't use all my holdings.
Its difficult to expect that high price from bitcoin in future, I don't think bitcoin can go over $10k in future and that is also not sure whether it will achieve that price or not. Of course it can go that big amount but the question is all about the right time because I do not see it will happen the soonest, we hardly even see the amount of $1,000 again. yeah I think if you wait for the price of $ 1,000. maybe you will find that prices in some years to come. because I think it would be very difficult to reach that price. better to sell at the right price |
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Doamader
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September 02, 2016, 01:33:58 AM |
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No target, still buying what I can afford to lose. When the time comes, I won't need fiat, I'll just spend from my btc savings. Which btw,I consider my btc a form of savings account, not a standard investment so I don't really plan to be in and out at the markets whim. Just letting what happens happen. I figure if we ever hit $100k USD per BTC I might buy something nice, but I wouldn't use all my holdings.
Its difficult to expect that high price from bitcoin in future, I don't think bitcoin can go over $10k in future and that is also not sure whether it will achieve that price or not. Of course it can go that big amount but the question is all about the right time because I do not see it will happen the soonest, we hardly even see the amount of $1,000 again. yeah I think if you wait for the price of $ 1,000. maybe you will find that prices in some years to come. because I think it would be very difficult to reach that price. better to sell at the right price Well considering the results from the last halving, is quite a sure that bitcoin will reach 1000 dollars on the next halving, that is predicted to be reached at 2020, soo lets say bitcoin will get a small ammount all years till achieve those. The question is if you able to save bitcoin for the next years and close your eyes to the several opportunities to double and invest your bitcoins, you may get those value if nothing bad happens to bitcoin. |
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mirakal
Legendary
 Offline
Activity: 3122
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
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September 02, 2016, 07:49:25 AM |
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No target, still buying what I can afford to lose. When the time comes, I won't need fiat, I'll just spend from my btc savings. Which btw,I consider my btc a form of savings account, not a standard investment so I don't really plan to be in and out at the markets whim. Just letting what happens happen. I figure if we ever hit $100k USD per BTC I might buy something nice, but I wouldn't use all my holdings.
Its difficult to expect that high price from bitcoin in future, I don't think bitcoin can go over $10k in future and that is also not sure whether it will achieve that price or not. Of course it can go that big amount but the question is all about the right time because I do not see it will happen the soonest, we hardly even see the amount of $1,000 again. yeah I think if you wait for the price of $ 1,000. maybe you will find that prices in some years to come. because I think it would be very difficult to reach that price. better to sell at the right price Well considering the results from the last halving, is quite a sure that bitcoin will reach 1000 dollars on the next halving, that is predicted to be reached at 2020, soo lets say bitcoin will get a small ammount all years till achieve those. The question is if you able to save bitcoin for the next years and close your eyes to the several opportunities to double and invest your bitcoins, you may get those value if nothing bad happens to bitcoin. You do not need to put all your money for long term investment because there are opportunities anytime so you need to take that opportunity. To be effective in investing you have to divide your investment into short term and long term. |
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angryswamp
Sr. Member
Offline
Activity: 268
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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September 02, 2016, 04:26:56 PM |
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No target, still buying what I can afford to lose. When the time comes, I won't need fiat, I'll just spend from my btc savings. Which btw,I consider my btc a form of savings account, not a standard investment so I don't really plan to be in and out at the markets whim. Just letting what happens happen. I figure if we ever hit $100k USD per BTC I might buy something nice, but I wouldn't use all my holdings.
Its difficult to expect that high price from bitcoin in future, I don't think bitcoin can go over $10k in future and that is also not sure whether it will achieve that price or not. Of course it can go that big amount but the question is all about the right time because I do not see it will happen the soonest, we hardly even see the amount of $1,000 again. yeah I think if you wait for the price of $ 1,000. maybe you will find that prices in some years to come. because I think it would be very difficult to reach that price. better to sell at the right price it should come to us way faster in my opinion, i think that we should reach it in like a year or so, next year it will definitely be possible to happen |
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agustina2
Legendary
Offline
Activity: 2436
Merit: 1008
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September 02, 2016, 05:09:40 PM |
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it should come to us way faster in my opinion, i think that we should reach it in like a year or so, next year it will definitely be possible to happen
Faster way will just lead for a price crash thereafter and the range of price decrease will be just the same as the price decrease. The pump must be around $100 so that it's not meant for profit taking. Slow rise is sometimes good before taking such a really large jump to a high price range. |
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Corenin
Legendary
Offline
Activity: 1008
Merit: 1000
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September 02, 2016, 06:24:52 PM |
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it should come to us way faster in my opinion, i think that we should reach it in like a year or so, next year it will definitely be possible to happen
Faster way will just lead for a price crash thereafter and the range of price decrease will be just the same as the price decrease. The pump must be around $100 so that it's not meant for profit taking. Slow rise is sometimes good before taking such a really large jump to a high price range. Yeah slow and steady rise is always better then major pump as after the pump price will surely crash so its better to move on slowly but positively. |
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GamingBro
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September 02, 2016, 06:40:40 PM |
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I am not sure it's good way of earning money, as for me is much better to make money now cause wating is not always profitable.
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Fraxinus
Legendary
Offline
Activity: 1274
Merit: 1000
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September 03, 2016, 06:04:04 AM |
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I agree that you shouldn't sell your btc unless you actually need the money because btc is a long-term inversment and you have to hold for being able to reap the rewards afterwards.
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lakisis
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September 03, 2016, 07:54:55 AM |
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Because now we want to hold it for the future the price rising is now continue and i am sure we will be get a good profit from bitcoin so it is good time save bitcoin because we should never sell our bitcoins.
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Noctis Connor
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September 03, 2016, 08:41:23 AM |
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I am not sure it's good way of earning money, as for me is much better to make money now cause wating is not always profitable.
yeah i am agree with this it is much better if we keep make money for a cause and if we have some dream to buy on internet for me it always that easy to spend than to keep money because you need to work for that money before you will get it and it easy to spend it on internet or in real life money = happines nowadays |
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Gaswuwade
Member
Offline
Activity: 97
Merit: 10
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September 03, 2016, 10:56:22 AM |
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I, Too think bitcoin is more than a get-rich-quick thing, You should hold your bitcoins rather than sell them for a specific incidence, But still if bitcoin goes the mile and is worth a million dollar a piece then it would be quite hard to follow that and not sell at least some of your stock.
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fkvidar
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September 03, 2016, 11:46:39 AM |
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I agree that you shouldn't sell your btc unless you actually need the money because btc is a long-term inversment and you have to hold for being able to reap the rewards afterwards.
Yes its better to hold them for future and only sell when you are satisfied with the price, as everyone is hoping that price will be lot higher in future so we should wait till then. |
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Dr.Osh
Legendary
Offline
Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
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September 03, 2016, 04:25:46 PM |
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This is a fair enough argument but some goods and services you can only pay for via fiat. In fact most goods/services can only be paid for by fiat or credit. Inflation is going to be a thing at all if you are just selling the amount of BTC you need to make a purchase in fiat. I am guessing you mean exchanging for large amounts of fiat that you wouldn't be using in a few days time.
He has a point, we understand about it. Why we should sell the coin if it reach a good price instead of shopping spree using bitcoin at online stores. But I agree that there are things that you can't buy without fiat money, it depend on which country you stay too. Not every country has many stores accepted bitcoin as payment even in the next 10 years. |
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co5hike
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September 03, 2016, 04:34:30 PM |
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This is a fair enough argument but some goods and services you can only pay for via fiat. In fact most goods/services can only be paid for by fiat or credit. Inflation is going to be a thing at all if you are just selling the amount of BTC you need to make a purchase in fiat. I am guessing you mean exchanging for large amounts of fiat that you wouldn't be using in a few days time.
He has a point, we understand about it. Why we should sell the coin if it reach a good price instead of shopping spree using bitcoin at online stores. But I agree that there are things that you can't buy without fiat money, it depend on which country you stay too. Not every country has many stores accepted bitcoin as payment even in the next 10 years. Bitcoin getting accepted everywhere is hard to imagine especially in third world countries, so we need to sell our coins and convert it to fiat to take care of our expenses. |
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23dzmaz
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September 03, 2016, 04:38:52 PM |
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I'm still not understand why we should never sell our bitcoins ever. If i'm not sell my bitcoins, so what am i doing with bitcoin ? I use bitcoin because i can earn money and to earn money i need to sell my bitcoins.
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terman45x
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September 03, 2016, 04:57:50 PM |
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I'm still not understand why we should never sell our bitcoins ever. If i'm not sell my bitcoins, so what am i doing with bitcoin ? I use bitcoin because i can earn money and to earn money i need to sell my bitcoins.
Exactly, bitcoin is an investment, and everyone invest their money in something to get profits from it, so if we never sell our coins then you will never enjoy our profits. |
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CroSany
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September 03, 2016, 05:01:59 PM |
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it's a simple rule. just don't panic. seeing the price go down makes me happy as i can buy more coins at lower price levels. people just have to realize that panic sellers are always losing. at some point when the price is going up and they feel good about buying, they end up buying at higher price levels. it's just stupid. keep holding.
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