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Author Topic: Did I buy at good price?  (Read 1700 times)
Mickeyb
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November 02, 2015, 09:07:58 PM
 #21

My friend nobody knows this, and no one can tell you anything for sure. We all have our own hunch and we are following it. You should do the same as well.

I believe that Bitcoin will be huge and that its current prices are very low. That's why I am here. You should invest depending on your current financial situation. If you have money on the side that you can live without, then buy. But don't buy short-term. Be ready to hold it at least few years. I would say 3 years at least.
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November 02, 2015, 11:19:24 PM
 #22

My friend nobody knows this, and no one can tell you anything for sure. We all have our own hunch and we are following it. You should do the same as well.

I believe that Bitcoin will be huge and that its current prices are very low. That's why I am here. You should invest depending on your current financial situation. If you have money on the side that you can live without, then buy. But don't buy short-term. Be ready to hold it at least few years. I would say 3 years at least.
I may be getting a big cash injection (1500USD) next august 2016 from my parents for my exam results. I want to invest it in bitcoin but I'm worried that in august 2016 the price could have alresdy skyrocketed due to halvening
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November 02, 2015, 11:24:46 PM
 #23

$60 fee wow that is some nasty exchange, long term you should be alright but don't crazy prices too soon.

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traderbit
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November 02, 2015, 11:25:30 PM
 #24

I may be getting a big cash injection (1500USD) next august 2016 from my parents for my exam results. I want to invest it in bitcoin but I'm worried that in august 2016 the price could have alresdy skyrocketed due to halvening

Probably the price will be increased by August 2016
The halving period will directly affect the price of bitcoin.
I think that you bought at a good exchange rate, maybe you can trade a bit to increase the profit.

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November 02, 2015, 11:38:12 PM
 #25

Prices go up and down. At the moment you have 2.6BTC so you really want the price to be low so you can get some more cheap coins, before profiting from a rise. Luckily for you Bitcoin goes up and down in cycles. We are on an up cycle this may stop today or carry on until BTC reaches the moon, but there will be a down cycle. I always believe best to sell on an up cycle and buy on a down cycle.

Smiley 1KQdUW6gjbJrdWUuLfMvaLzceMVE2dniB9
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November 02, 2015, 11:41:32 PM
 #26


I may be getting a big cash injection (1500USD) next august 2016 from my parents for my exam results. I want to invest it in bitcoin but I'm worried that in august 2016 the price could have alresdy skyrocketed due to halvening

The way it's going you might be able to buy yourself another 2 coins (if you're lucky) Wink

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November 03, 2015, 12:07:40 AM
 #27

Buy. Olny buy. Never ever sell it for another currency. And then one day you will see, that you don't even need to.

Go get a job instead of wasting ur time with scams
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November 03, 2015, 12:12:28 AM
 #28

If you are a short term trader then I wouldn't buy right now. If you plan to hold your coins for a very long time, then yes, current price is a good buy.

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November 03, 2015, 06:21:43 PM
 #29

I managed to buy 0.12 btc yesterday at 365USD but I wanted to buy more but don't have enough money in my bank account yet. The price has now increased to 410USD at time of writing this post. I'm not sure if I should buy at this price or not. I still need to wait for some money to come into my account.
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November 03, 2015, 06:23:59 PM
 #30

I managed to buy 0.12 btc yesterday at 365USD but I wanted to buy more but don't have enough money in my bank account yet. The price has now increased to 410USD at time of writing this post. I'm not sure if I should buy at this price or not. I still need to wait for some money to come into my account.

Hey bro i suggest you to sell 1 btc of yours which you bought at 300$ its a good time to sell and save the rest .. and lets the btc to raise more .
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November 03, 2015, 06:24:05 PM
 #31

at this point i think it's better to wait a bit before buying as the price wen't up significantly already. my guess is it will drop to $370 to go over $400 again later.
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November 03, 2015, 06:28:41 PM
 #32

I managed to buy 0.12 btc yesterday at 365USD but I wanted to buy more but don't have enough money in my bank account yet. The price has now increased to 410USD at time of writing this post. I'm not sure if I should buy at this price or not. I still need to wait for some money to come into my account.

Hey bro i suggest you to sell 1 btc of yours which you bought at 300$ its a good time to sell and save the rest .. and lets the btc to raise more .
No, I want to hold that because price is still rising. Currently there is no indication that the price will crash below 300USD of what I bought it at
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November 03, 2015, 06:29:18 PM
 #33

You might as well sell your BTC for guaranteed profit now rather than risk it.

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November 03, 2015, 06:37:52 PM
 #34

I managed to buy 0.12 btc yesterday at 365USD but I wanted to buy more but don't have enough money in my bank account yet. The price has now increased to 410USD at time of writing this post. I'm not sure if I should buy at this price or not. I still need to wait for some money to come into my account.

Hey bro i suggest you to sell 1 btc of yours which you bought at 300$ its a good time to sell and save the rest .. and lets the btc to raise more .
No, I want to hold that because price is still rising. Currently there is no indication that the price will crash below 300USD of what I bought it at

Well then good luck with your investment .. Maybe next morning you wake up and see the bitcoin below 350$ so just saved half of your investment .
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November 11, 2015, 06:46:15 PM
 #35

Well dude i suggested to you to sell the half of your bitcoins at 400+ now you see the bitcoin is coming down again now the price is 310$ Sad only i hope you sold some .

                   
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November 11, 2015, 07:01:48 PM
 #36

at this point i think it's better to wait a bit before buying as the price wen't up significantly already. my guess is it will drop to $370 to go over $400 again later.
As you said we have to wait for months because due to christmas and new year all countries will go up in currency rate. In the meanwhile you save some more and you can open savings after this peak period. then only it would helpful for you Else its like wasting your own effort and hard earned money.
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November 11, 2015, 07:19:07 PM
 #37

LOL

You're a proverbial bag-holder!!! Enjoy your expensive bitcoins!!!

Just think, your 2.6 bitcoin will be worth $2.6 MILLIONS IN 200 YEARS!!!

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November 11, 2015, 07:26:24 PM
 #38

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.

I think it is not a bad investment at all. You can sell above 300 (which has happened recently) for some profit and even possibly rebuy lower. If you mean "long term" well, it is very likely that BTC gets over that price consistently, but nothing is 100% sure.

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November 11, 2015, 09:19:53 PM
 #39

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.

I think it is not a bad investment at all. You can sell above 300 (which has happened recently) for some profit and even possibly rebuy lower. If you mean "long term" well, it is very likely that BTC gets over that price consistently, but nothing is 100% sure.
Just to note that I bought another 0.29 btc at 392USD about a week ago from localbitcoins. So now I have 3.1 BTC Tongue
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November 11, 2015, 09:27:34 PM
 #40

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.

Honestly 1262 for 2.6 BTC seems to be quite expensive.

Your average price per BTC IS 496 USD, the current price for BTC Is 311 so you have lost 483.4 USD on your purchase.

Even if you need it, I strongly advice you not to sell. There are a lot of things going on, but if after the halving in june BTC will not go to 400-450.. a lot things will changes. Miners will abandon shop etc. So i have a strong feeling 400 USD is possible when the halving occurs.

Here is a nice countdown, so you know when to act Smiley
http://www.bitcoinblockhalf.com/

Good luck mate.
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