A good day to buy hard?

[deisik]

Now that the price slowly but surely approaches $200 mark, many peeps are getting ready to open their purses and shell out big time. Okay, but I have a feeling that the price will crash to 150-160$ just after it touches that number...

Pigs get fat, hogs get slaughtered... Are you really a buy-hard?

[dothebeats]

Whatever the price is, I always allocate a portion of my money every week to buy bitcoins. I'm in it for the long term, and I've been buying every week since last year. Pretty stacked up by now. Always ready to see the numbers go low so I could buy more!

[Gyfts]

I'm waiting for it to get a tad bit lower and will start buying up. At this point, you can't be too sure if it will crash to ~$160. As my own personal benchmark, I'm going to wait till maybe a little below $200 to purchase a few more coins. If it does happen to get even lower lower, I'd still buy some coin, just not as much as I would've spent more funds at a time for BTC than I'd prefer. I try to split up amount of money I invest at different time periods so if there is a more significant drop, I can buy using funds I've saved instead up.

[deisik]

Whatever the price is, I always allocate a portion of my money every week to buy bitcoins. I'm in it for the long term, and I've been buying every week since last year. Pretty stacked up by now. Always ready to see the numbers go low so I could buy more!

Why not just buy a bit here and sell a tad there, thereby increasing your Bitcoin stash step by step (if you don't care for the USD price of your hoard)?

[techgeek]

If the price gets any lower to that price, I have a feeling it`ll drop even further.

And thats much of a scare since the average person isnt tune with the technical aspects of bitcoin split. Or they have concerned questions to ditch the coin of what XT will do for bitcoin.

[harkonnen]

Whatever the price is, I always allocate a portion of my money every week to buy bitcoins. I'm in it for the long term, and I've been buying every week since last year. Pretty stacked up by now. Always ready to see the numbers go low so I could buy more!

Why not not just buy a bit here and sell a tad there, thereby increasing your Bitcoin stash step by step (if you don't care for the USD price of your hoard)?

I try to buy bitcoins monthly. And if price fluctuate, I try to short sell, too.
I just bought 3 bitcoins at $265 before price drop, sigh. I aim for long-term(10-20yrs), but still I just lost $150.

[Mickeyb]

Whatever the price is, I always allocate a portion of my money every week to buy bitcoins. I'm in it for the long term, and I've been buying every week since last year. Pretty stacked up by now. Always ready to see the numbers go low so I could buy more!

Why not not just buy a bit here and sell a tad there, thereby increasing your Bitcoin stash step by step (if you don't care for the USD price of your hoard)?

I try to buy bitcoins monthly. And if price fluctuate, I try to short sell, too.
I just bought 3 bitcoins at $265 before price drop, sigh. I aim for long-term(10-20yrs), but still I just lost $150.

The worst thing is to chase a price all over the place. Especially when we don't have a clue where it will go. Ok, there were some pointers the last few days that the price will go south because of the Xt debate, but generally we really don't know in the Bitcoin land.

The best way is to buy a weekly or monthly amounts on any price like the user above is doing. In this way you are calmer and you don't curse yourself why did you buy too early when the price has just dropped.

[Slark]

Price can go lower than $200 this time. As today we observed crisis on Asian Markets and Shanghai Stock Exchange (Shanghai Composite) dropped 8,49%.
This is the biggest decline since 8 years. Every other markets followed the trend. For bitcoin it will be only natural to do the same. It will be the best time to obtain BTC before halving?

[MinerHQ]

Price can go lower than $200 this time. As today we observed crisis on Asian Markets and Shanghai Stock Exchange (Shanghai Composite) dropped 8,49%.
This is the biggest decline since 8 years. Every other markets followed the trend. For bitcoin it will be only natural to do the same. It will be the best time to obtain BTC before halving?

Yes btc prices looks like going below the 200 mark. So I feel we need to wait for some time before jump in and buy. May around 190 to 180 range we can start buying in small quantity.

[kingscrown]

i bought below 200 and im happy

[mookid]

The dip in bitcoin price is not because the XT drama, it's the China stock downfall and the subsequently black monday that we witnessed today. Some traders in my local bitcoin forum saw this coming and recommended to stay in FIAT.

[OROBTC]

...

For me, I buy Bitcoin when I actually CAN.  I no longer use credit cards nor want my ID (some BTC/ATMs).

That means localbitcoins.com.  Which for me has proven less then ideal, even in the metro area of a city of 2,000,000.

[HarHarHar9965]

Price can go lower than $200 this time. As today we observed crisis on Asian Markets and Shanghai Stock Exchange (Shanghai Composite) dropped 8,49%.
This is the biggest decline since 8 years. Every other markets followed the trend. For bitcoin it will be only natural to do the same. It will be the best time to obtain BTC before halving?

Yes btc prices looks like going below the 200 mark. So I feel we need to wait for some time before jump in and buy. May around 190 to 180 range we can start buying in small quantity.

I don't think I would be following that analogy, and I just spent some money and bought a little btc, because I know what would be right and wrong for my investment. I think it was a very good thing for the price to go down like this, as I got another chance to do heavy investments in projects I simply believe in I don't give a rat's ass about what the price of btc is, I will buy

[deisik]

The dip in bitcoin price is not because the XT drama, it's the China stock downfall and the subsequently black monday that we witnessed today. Some traders in my local bitcoin forum saw this coming and recommended to stay in FIAT.

Massively agree with that. For many it is hard to understand this but the reason behind is pretty simple. When you are highly leveraged (which is common in financial and stock markets), and you lose (due to market crash), you will be desperately searching for cash...

And cash here means anything but Bitcoin

[Possum577]

Now that the price slowly but surely approaches $200 mark, many peeps are getting ready to open their purses and shell out big time. Okay, but I have a feeling that the price will crash to 150-160$ just after it touches that number...

Pigs get fat, hogs get slaughtered... Are you really a buy-hard?

Nah man, bulls make money, bears make money, but pigs get slaughtered!

It did touch $200 and bounced back, maybe if it drops below it there will be some downward pressure, but honestly, I think $200 is the floor. There would need to be some seriously negative news to push things lower.

[ralle14]

not yet though i think it will go down some more imo
like up to 150$ price floor

[deisik]

Now that the price slowly but surely approaches $200 mark, many peeps are getting ready to open their purses and shell out big time. Okay, but I have a feeling that the price will crash to 150-160$ just after it touches that number...

Pigs get fat, hogs get slaughtered... Are you really a buy-hard?

Nah man, bulls make money, bears make money, but pigs get slaughtered!

It did touch $200 and bounced back, maybe if it drops below it there will be some downward pressure, but honestly, I think $200 is the floor. There would need to be some seriously negative news to push things lower.

Lol, some 7 hours ago I was watching how within minutes thousands (sic) of bitcoins had been eaten on the way down at Bitfinex. 211.03, 210.03, 209.03, and then the price finally collapsed to below 200. That was spectacular to see...

The correction is likely a dead cat bounce

[lahm-44]

IF IT REACHES $200  theniam really going to buy a lot of bitcoins..maybe about 10 Bitcoin will be smile in my wallet everyday not on cold storage iwilluse it too..but then also i am not gonna sell any of my penny from that until the price hits $300 again i wont care it takes 1hour or 1 year to reach there but i will wait for it

[n2004al]

Who have money with bags for sure yes. Bitcoin will let not us in mud. Its price will go high again and them who will buy big money will have big earnings. For the savers I don't have predictions to tell. Buy some bitcoin for sure will enjoy them but no money from them. Selling again in the possible high price will not give them to much.

[mattiadeabtc]

i will wait some before buying again, i'm lokking this 200$ support