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Author Topic: I'm buying, who's coming with me?  (Read 1560 times)
Jorge320 (OP)
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August 20, 2015, 01:38:36 PM
 #1

Continuing to buy will there's inherent value left from the crash, who's still gobbling up BTC?

Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 21, 2015, 06:11:34 AM
 #2

i think the crash isn't ended, i would wait a bit more before taking a decision, there are more cheap coins that are coming that you may think about

there is the possibility of sub 200 this time, the market look very fragile
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August 21, 2015, 08:10:56 AM
 #3

Well in all honesty, nobody knows what a hell will happen. Yes, the market and the community confidence seems very fragile at the moment, but how many times did the things look bleak and then completely opposite has happened.

In the same way, hiw many times we have felt very positive and then the crash came. This is Bitcoin prople, rational seems not to work here! Listen to your gut and hope you got it right.
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August 21, 2015, 09:35:47 AM
 #4

Continuing to buy will there's inherent value left from the crash, who's still gobbling up BTC?



You can start buying now but don't buy all at one shot. Buy some today and  wait for some time to see any big movements then buy again. This will be a safe buy.
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August 21, 2015, 11:38:00 AM
 #5

I am with you, but not now. I would prefer waiting a bit more, I mean at least this week more, so to see the movements in markets and decide more independently.

I think it's not yet over, we might see some more downside happen before something good.

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August 21, 2015, 11:53:03 AM
 #6

Now I am glad that I sold everything a long way ago  Cheesy

But will buy more when price drops even further.

 
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August 21, 2015, 11:58:57 AM
 #7

I have buys set $160-$180 and I am buying small amounts on the dips. Managed to bag some at $215-$220, which will seem expensive if we have a few more crashes because people panicking. I have seen possible ways to double coins during the fork so would hate to imagine what crash is coming. 

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August 21, 2015, 12:09:45 PM
 #8

I have come up with this strategy:


I set aside the money that wont be used otherwise.  From that, I keep half the value in nubits and the other half in bitcoin.    Nubits is pegged to the USD and although I feel rather uncomfortable with pegs in general, it is better than leaving it in a bank.  Now, if the bitcoin price drops, the value in bitcoin will be less than what is in nubits.  So, I buy bitcoins.  However, if the bitcoins go up, I sell bitcoins in order to balance the half/half ratio.

So, for now I am buying.  If it loses value, I will buy again.  But not if it happens in the same week as the last buy or sell.   And, the change has to be significant enough for me to care.  Thank you Gavin!  Even if we start seeing losses on the orders of magnitude I will still buy.  I am only using what I set aside for trading.

I have buys set $160-$180 and I am buying small amounts on the dips. Managed to bag some at $215-$220, which will seem expensive if we have a few more crashes because people panicking. I have seen possible ways to double coins during the fork so would hate to imagine what crash is coming. 

That's great.  Someone always buys lower than I do.

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August 21, 2015, 02:45:35 PM
 #9

I have been scooping up small amounts on the dips but usually trading them for LTC. Interested to see what happens on Monday when it halves.
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August 21, 2015, 06:27:11 PM
 #10

I buy a set amount every time I get a paycheck.  Does not matter where ever the market is otherwise I end up over thinking it and end up not buying at all.  Rather pull the trigger and hope for the best, I'm long on bitcoin anyways. 

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August 21, 2015, 06:40:02 PM
 #11

I buy a set amount every time I get a paycheck.  Does not matter where ever the market is otherwise I end up over thinking it and end up not buying at all.  Rather pull the trigger and hope for the best, I'm long on bitcoin anyways. 

I do exactly the same. It might be a huge buy order but I buy weekly.

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August 22, 2015, 08:49:16 AM
 #12

I buy a set amount every time I get a paycheck.  Does not matter where ever the market is otherwise I end up over thinking it and end up not buying at all.  Rather pull the trigger and hope for the best, I'm long on bitcoin anyways. 

I do exactly the same. It might be a huge buy order but I buy weekly.

Buying regularly in small quantities is always a very good strategy but some times need to watch out the trend and should make profit out of that otherwise when you need it you may not get so much profit.
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September 22, 2015, 08:59:36 PM
 #13

I buy a set amount every time I get a paycheck.  Does not matter where ever the market is otherwise I end up over thinking it and end up not buying at all.  Rather pull the trigger and hope for the best, I'm long on bitcoin anyways. 

I do exactly the same. It might be a huge buy order but I buy weekly.

Buying regularly in small quantities is always a very good strategy but some times need to watch out the trend and should make profit out of that otherwise when you need it you may not get so much profit.

This is like a month old now but meh...

Im not buying to turn a profit, Im buying because I believe in the technology. Im not holding bitcoins until they are XX price and can cash them in, Im holding until I can buy what I want with them directly.

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September 28, 2015, 06:34:48 AM
 #14

Continuing to buy will there's inherent value left from the crash, who's still gobbling up BTC?



What is your price target?  Are you waiting for the halving?  When did you start buying?  I think we could see 275 again before the end of the year, but just as easily see sub-200. 

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September 29, 2015, 06:45:22 PM
 #15

Buying? I am more prone to sell now that it has raised a little. I think it will probably go down to 200 or less...


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September 29, 2015, 06:49:28 PM
 #16

We are all just guessing in this game.  Hopefully the coins go up and up, but it all comes down to a guess and hope, just like the stock market!
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September 29, 2015, 07:04:14 PM
 #17

Buying? I am more prone to sell now that it has raised a little. I think it will probably go down to 200 or less...

That's many people's speculation. It probably will go down a little bit, and then rise up to higher prices.
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September 29, 2015, 07:04:52 PM
 #18

Continuing to buy will there's inherent value left from the crash, who's still gobbling up BTC?


Buy small quantities with individual sellers and negotiate price with them.Prices will go up if more people buy and less sell

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