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Author Topic: Did I buy at good price?  (Read 1700 times)
ibrahim11
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November 02, 2015, 06:19:38 PM
 #1

Hello, I currently have just over 2.5 btc. I bought one of the btc a few months ago at 240USD but s***ty VirWox fees made the price 300USD. I felt a bit down because the price was not going above 300USD until recently. So was it a good investment? So far I have invested 1292usd in bitcoin and have 2.6btc. I am thinking to buy some more now. But is it a good time? The price may go down after silk road's bitcoins are auctioned off.

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November 02, 2015, 06:23:36 PM
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Noone knows... At the end you have to live with your decision, to buy or not to buy.

THeres a similar thread about this question: https://bitcointalk.org/index.php?topic=1231765.msg12859493;topicseen#new
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November 02, 2015, 06:24:09 PM
 #3

You're good  Wink just see how the auction turns out, we may have a sell off, but I think we will be going up through the halving.
as a tip, don't advertise how many btc you have.
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November 02, 2015, 06:25:14 PM
 #4

Hello, I currently have just over 2.5 btc. I bought one of the btc a few months ago at 240USD but s***ty VirWox fees made the price 300USD. I felt a bit down because the price was not going above 300USD until recently. So was it a good investment? So far I have invested 1292usd in bitcoin and have 2.6btc. I am thinking to buy some more now. But is it a good time? The price may go down after silk road's bitcoins are auctioned off.

Well my suggestion is to sell half of the bitcoins at current rate . And save the rest of bitcoins for future no one knows whether the price goes up or comes very down.. You bought at good rate i guess its the time to sell .

I am just a promoter of websites/coins. I do not force you to invest in anything also I do not recommend I am not responsible if you invest in any of it. I am paid for promotions and I only promote it. If you think I am promoting a ponzi scheme please PM me with a solid proof that they are running a ponzi scheme or something else so, I can stop there advertisement/promotion.
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November 02, 2015, 06:25:28 PM
 #5

Hello, I currently have just over 2.5 btc. I bought one of the btc a few months ago at 240USD but s***ty VirWox fees made the price 300USD. I felt a bit down because the price was not going above 300USD until recently. So was it a good investment? So far I have invested 1292usd in bitcoin and have 2.6btc. I am thinking to buy some more now. But is it a good time? The price may go down after silk road's bitcoins are auctioned off.

If you're willing it sit on those coins & HODL them for a few years then buying at 300 USD is a ridiculously low price.

We'll most likely see 450 even as soon as next summer as a result of the halving, have patience.

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November 02, 2015, 06:30:01 PM
 #6

Hello, I currently have just over 2.5 btc. I bought one of the btc a few months ago at 240USD but s***ty VirWox fees made the price 300USD. I felt a bit down because the price was not going above 300USD until recently. So was it a good investment? So far I have invested 1292usd in bitcoin and have 2.6btc. I am thinking to buy some more now. But is it a good time? The price may go down after silk road's bitcoins are auctioned off.

If you're willing it sit on those coins & HODL them for a few years then buying at 300 USD is a ridiculously low price.

We'll most likely see 450 even as soon as next summer week as a result of the halving, have patience.

FYP  Wink
ibrahim11
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November 02, 2015, 06:33:36 PM
 #7

Hello, I currently have just over 2.5 btc. I bought one of the btc a few months ago at 240USD but s***ty VirWox fees made the price 300USD. I felt a bit down because the price was not going above 300USD until recently. So was it a good investment? So far I have invested 1292usd in bitcoin and have 2.6btc. I am thinking to buy some more now. But is it a good time? The price may go down after silk road's bitcoins are auctioned off.

Well my suggestion is to sell half of the bitcoins at current rate . And save the rest of bitcoins for future no one knows whether the price goes up or comes very down.. You bought at good rate i guess its the time to sell .
1 btc was bought at 300USD
0.6 btc was bought at 740USD (0.6 x 740 = 444USD)
1btc was bought at 539USD

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November 02, 2015, 06:35:37 PM
 #8

Hello, I currently have just over 2.5 btc. I bought one of the btc a few months ago at 240USD but s***ty VirWox fees made the price 300USD. I felt a bit down because the price was not going above 300USD until recently. So was it a good investment? So far I have invested 1292usd in bitcoin and have 2.6btc. I am thinking to buy some more now. But is it a good time? The price may go down after silk road's bitcoins are auctioned off.

Well my suggestion is to sell half of the bitcoins at current rate . And save the rest of bitcoins for future no one knows whether the price goes up or comes very down.. You bought at good rate i guess its the time to sell .
1 btc was bought at 300USD
0.6 btc was bought at 740USD (0.6 x 740 = 444USD)
1btc was bought at 539USD

Oh my .... When you bought that 0.6 and 1 btc though? Also you should buy bitcoins from a local seller or from a better exchange where the fees is'nt that much .  Well still i say sell the 300$ (1btc) part and save the 1.6 btc .. And hope for the bitcoin to reach a better price.

I am just a promoter of websites/coins. I do not force you to invest in anything also I do not recommend I am not responsible if you invest in any of it. I am paid for promotions and I only promote it. If you think I am promoting a ponzi scheme please PM me with a solid proof that they are running a ponzi scheme or something else so, I can stop there advertisement/promotion.
ibrahim11
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November 02, 2015, 06:39:14 PM
 #9

Hello, I currently have just over 2.5 btc. I bought one of the btc a few months ago at 240USD but s***ty VirWox fees made the price 300USD. I felt a bit down because the price was not going above 300USD until recently. So was it a good investment? So far I have invested 1292usd in bitcoin and have 2.6btc. I am thinking to buy some more now. But is it a good time? The price may go down after silk road's bitcoins are auctioned off.

Well my suggestion is to sell half of the bitcoins at current rate . And save the rest of bitcoins for future no one knows whether the price goes up or comes very down.. You bought at good rate i guess its the time to sell .
1 btc was bought at 300USD
0.6 btc was bought at 740USD (0.6 x 740 = 444USD)
1btc was bought at 539USD

Oh my .... When you bought that 0.6 and 1 btc though? Also you should buy bitcoins from a local seller or from a better exchange where the fees is'nt that much .  Well still i say sell the 300$ (1btc) part and save the 1.6 btc .. And hope for the bitcoin to reach a better price.
I bought 0.6btc from MtGox before if went bankrupt. I'm happy that I didn't loose any money there. And I bought 1 btc at 740 USD about more than a year ago, probably 2 years ago.

I'm thinking to buy some more now. Should I?

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November 02, 2015, 06:42:18 PM
 #10

Hello, I currently have just over 2.5 btc. I bought one of the btc a few months ago at 240USD but s***ty VirWox fees made the price 300USD. I felt a bit down because the price was not going above 300USD until recently. So was it a good investment? So far I have invested 1292usd in bitcoin and have 2.6btc. I am thinking to buy some more now. But is it a good time? The price may go down after silk road's bitcoins are auctioned off.

Well my suggestion is to sell half of the bitcoins at current rate . And save the rest of bitcoins for future no one knows whether the price goes up or comes very down.. You bought at good rate i guess its the time to sell .
1 btc was bought at 300USD
0.6 btc was bought at 740USD (0.6 x 740 = 444USD)
1btc was bought at 539USD

Oh my .... When you bought that 0.6 and 1 btc though? Also you should buy bitcoins from a local seller or from a better exchange where the fees is'nt that much .  Well still i say sell the 300$ (1btc) part and save the 1.6 btc .. And hope for the bitcoin to reach a better price.
I bought 0.6btc from MtGox before if went bankrupt. I'm happy that I didn't loose any money there. And I bought 1 btc at 740 USD about more than a year ago.

I'm thinking to buy some more now. Should I?

Well , Its a hard choice to buy at this rate if you have some extra money then just buy 1 or a half of bitcoin and save it . Again hope for the bitcoin to reach 400 or 500$

I am just a promoter of websites/coins. I do not force you to invest in anything also I do not recommend I am not responsible if you invest in any of it. I am paid for promotions and I only promote it. If you think I am promoting a ponzi scheme please PM me with a solid proof that they are running a ponzi scheme or something else so, I can stop there advertisement/promotion.
Kanapka
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November 02, 2015, 06:59:42 PM
 #11

Yes

From 300 to 350 you made 17% of profit really quickly

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November 02, 2015, 07:01:49 PM
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I think its better to wait and watch what happens after the silk road bitcoins are auctioned off.
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November 02, 2015, 07:06:22 PM
 #13

I think its better to wait and watch what happens after the silk road bitcoins are auctioned off.

i think the people or group will hold the coins till after the block halving. at least, that's what i would do. selling them right now isn't a good idea unless they buy the coins well below market price, which is highly unlikely.
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November 02, 2015, 07:12:58 PM
 #14

It all depends on when you sell.

Somebody who bought at $600 and sold at $1000 bought at a good price.

Somebody who bought at $300 and sold at $250 did not.

Your story hasn't been written yet.
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November 02, 2015, 07:17:58 PM
 #15

Your last buy was good considering the current price, but you are at loss right now.

Your mean buy price is  516.8. You need to be patient or take some risks if you want recover your loss, without being affected by emotions

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November 02, 2015, 07:20:14 PM
 #16

Hello, I currently have just over 2.5 btc. I bought one of the btc a few months ago at 240USD but s***ty VirWox fees made the price 300USD. I felt a bit down because the price was not going above 300USD until recently. So was it a good investment? So far I have invested 1292usd in bitcoin and have 2.6btc. I am thinking to buy some more now. But is it a good time? The price may go down after silk road's bitcoins are auctioned off.

That's the dilemma everyone is having who wants to buy now.Fact is you will never be sure when it is a good entry point.The course might fall a bit and you will be pissed that you've invested too early.
The price might keep rising and you will be pissed that you haven't accumulated more.
The good thing is you're already on the bandwagon. So don't worry too much and whatever decision you will make, live with after that.
If you're in for the longterm I believe it doesn't matter.
Now it's up to you buddy.Good luck! Wink

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November 02, 2015, 07:28:39 PM
 #17

It depends if you are a long term investor or a short term investor. If your gameplan is buy and hold for 5+ years then yes, it's a safe deal. If you are here to make quick bucks, then the rich of screwing ups is always higher. If I was a daytrader or something more of a short investor, I would hold for the entire november month to see where this is going. Fortunately I don't really care since I go very long term and im not worried about downtrends.

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November 02, 2015, 07:53:58 PM
 #18

bitcoin should be seen as a long investment, if you're one of those that are waiting for 10k or more, then 300 and 350 are tiny number in comparison

everything under your last target it's a good buy opportunity
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November 02, 2015, 08:39:56 PM
 #19

You should buy more bitcoin. The 200-400$ area is like the 5-15$ area long time ago. Soon, we will never see these zones again, never ever.

Bitcoin + Monero = Freedom
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November 02, 2015, 08:50:17 PM
 #20

Well since the fee for only 1 bitcoin is 60 usd,
Then it is very high, better buying altcoins or bitcoin from localbitcoins.
I think that it was a good investment and you can sell now higher or hold to sell even more high.
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