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Author Topic: Are you buying bitcoins? Why?  (Read 307749 times)
bamboylee
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May 15, 2016, 02:41:17 PM
 #1781

I do not buy bitcoin directly. I mine altcoins and sell them for bitcoin. By doing that, I can earn more bitcoin.
that is good, you are earning bitcoins without spending tok much. It is a good idea to mine alt coins instead of bitcoins itself. It is easier to mine alt coins because they are new and the difficulty is still low.
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May 15, 2016, 02:47:43 PM
 #1782

I do not buy bitcoin directly. I mine altcoins and sell them for bitcoin. By doing that, I can earn more bitcoin.
that is good, you are earning bitcoins without spending tok much. It is a good idea to mine alt coins instead of bitcoins itself. It is easier to mine alt coins because they are new and the difficulty is still low.

Mining alt coins is better than to directly mine bitcoin. And you will able to convert it to bitcoins directly and you don't have to buy bitcoins. But still we need to consider those people that are not able to trade.

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May 15, 2016, 02:58:53 PM
 #1783

I do not buy bitcoin directly. I mine altcoins and sell them for bitcoin. By doing that, I can earn more bitcoin.
that is good, you are earning bitcoins without spending tok much. It is a good idea to mine alt coins instead of bitcoins itself. It is easier to mine alt coins because they are new and the difficulty is still low.

Mining alt coins is better than to directly mine bitcoin. And you will able to convert it to bitcoins directly and you don't have to buy bitcoins. But still we need to consider those people that are not able to trade.

I think mining bitcoin is not worth anymore since the cost of electricity are bigger than profit as my friend experience this.
So I'm usually spend 10% of my salary to purchase bitcoin because I trust bitcoin will gain it's value
torrentheaven
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May 15, 2016, 03:29:45 PM
 #1784

I do not buy bitcoin directly. I mine altcoins and sell them for bitcoin. By doing that, I can earn more bitcoin.
that is good, you are earning bitcoins without spending tok much. It is a good idea to mine alt coins instead of bitcoins itself. It is easier to mine alt coins because they are new and the difficulty is still low.

Mining alt coins is better than to directly mine bitcoin. And you will able to convert it to bitcoins directly and you don't have to buy bitcoins. But still we need to consider those people that are not able to trade.

I think mining bitcoin is not worth anymore since the cost of electricity are bigger than profit as my friend experience this.
So I'm usually spend 10% of my salary to purchase bitcoin because I trust bitcoin will gain it's value

Exactly mining is no more profitable nowadays, its better to to buy and hold for the future or invest some part of it in trading which will grow your coins over a period of time.
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May 15, 2016, 04:10:41 PM
 #1785

I do not buy bitcoin directly. I mine altcoins and sell them for bitcoin. By doing that, I can earn more bitcoin.
that is good, you are earning bitcoins without spending tok much. It is a good idea to mine alt coins instead of bitcoins itself. It is easier to mine alt coins because they are new and the difficulty is still low.

Mining alt coins is better than to directly mine bitcoin. And you will able to convert it to bitcoins directly and you don't have to buy bitcoins. But still we need to consider those people that are not able to trade.

I think mining bitcoin is not worth anymore since the cost of electricity are bigger than profit as my friend experience this.
So I'm usually spend 10% of my salary to purchase bitcoin because I trust bitcoin will gain it's value

Exactly mining is no more profitable nowadays, its better to to buy and hold for the future or invest some part of it in trading which will grow your coins over a period of time.

to this time there is no safe way other than simply buying and holding. but trading may be very beneficial if you are good in it.

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May 15, 2016, 04:15:56 PM
 #1786

I would be buying Bitcoin if I had some additional money from my paycheck to spend on it, but I currently don't have enough to think about investing for a little while yet.

I would be investing because we're on the edge of a large upswing with the value because of the halving of the supply coming up, and also the fact that it is a relatively sound investment when you compare it to other forms of investment.
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May 15, 2016, 04:17:10 PM
 #1787

I do not buy bitcoin directly. I mine altcoins and sell them for bitcoin. By doing that, I can earn more bitcoin.
that is good, you are earning bitcoins without spending tok much. It is a good idea to mine alt coins instead of bitcoins itself. It is easier to mine alt coins because they are new and the difficulty is still low.

Mining alt coins is better than to directly mine bitcoin. And you will able to convert it to bitcoins directly and you don't have to buy bitcoins. But still we need to consider those people that are not able to trade.

I think mining bitcoin is not worth anymore since the cost of electricity are bigger than profit as my friend experience this.
So I'm usually spend 10% of my salary to purchase bitcoin because I trust bitcoin will gain it's value

Exactly mining is no more profitable nowadays, its better to to buy and hold for the future or invest some part of it in trading which will grow your coins over a period of time.

to this time there is no safe way other than simply buying and holding. but trading may be very beneficial if you are good in it.

Exactly trading allow us to make some good profits in really short time but you need to be very careful as it also involves certain level of risk.

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May 15, 2016, 04:19:39 PM
 #1788

Yes, i'm buying bitcoin because i always need it and use it for gambling and trading with bitcoin and also i can earn bitcoins freely without buying bitcoins.
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May 15, 2016, 06:56:13 PM
 #1789

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

bamboylee
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May 15, 2016, 10:35:27 PM
 #1790

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.
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May 16, 2016, 04:34:30 AM
 #1791

After halving the price will rise, i have already bought some on OXBTC.
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May 16, 2016, 05:15:35 AM
 #1792

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

Just don't about on the halving, many predictions by bitcoin enthusiast that bitcoin will become really profitable for all of us.
Not only you will be disappointed if that not happens, but all of us.

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May 16, 2016, 10:10:21 AM
 #1793

yes, I buy bitcoin bitcoin as an investment vehicle that I think is very interesting

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May 16, 2016, 10:40:31 AM
 #1794

Bitcoin as investment is the main reason why I tend to buy during dips. While prices are rather pointing upwards recently, I'm still hoping there would be price dips here and there, hopefully in the $450 range. Aside from what I earn on signature campaign, I hope this would be enough to give me a few BTC by end of the year.
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May 16, 2016, 12:25:45 PM
 #1795

Bitcoin as investment is the main reason why I tend to buy during dips. While prices are rather pointing upwards recently, I'm still hoping there would be price dips here and there, hopefully in the $450 range. Aside from what I earn on signature campaign, I hope this would be enough to give me a few BTC by end of the year.

Yes taking advantage every price dip is really a great practice on when to execute your buying action. That is my practice too "depends" on the price trend why the price increase or dips.

There's no such thing as target price at least in my own trading strategy to perform both my bullish and bearish activity.

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May 16, 2016, 12:40:56 PM
 #1796

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.

I agree and I am voting for this kind of increase. Slowly but surely. We dont want to see ourselves panicking when a big wave comes. That might also lose the price of the bitcoin when everybody is selling.
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May 16, 2016, 12:44:11 PM
 #1797

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.

I agree and I am voting for this kind of increase. Slowly but surely. We dont want to see ourselves panicking when a big wave comes. That might also lose the price of the bitcoin when everybody is selling.

Yeah and major pump will be followed by major dump, and at that stage majority of people gets panic and sells all their coins, we need to have patience and faith.

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May 16, 2016, 12:48:23 PM
 #1798

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.

I agree and I am voting for this kind of increase. Slowly but surely. We dont want to see ourselves panicking when a big wave comes. That might also lose the price of the bitcoin when everybody is selling.

Yeah and major pump will be followed by major dump, and at that stage majority of people gets panic and sells all their coins, we need to have patience and faith.

This possibility will occur after halving. whereby when people panic buying before halving, and after halving the price increase, then they will make a big dump.

.
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May 16, 2016, 01:04:08 PM
 #1799

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.

I agree and I am voting for this kind of increase. Slowly but surely. We dont want to see ourselves panicking when a big wave comes. That might also lose the price of the bitcoin when everybody is selling.

Almost 3/4 of all BTC has been mined already and will be near 90% until next halving, so the supply will be decreasing drastically over next few years and the demand steadily increasing.
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May 16, 2016, 01:08:33 PM
 #1800

I bought some coins for holding, cause everybody knows, halving is coming. I really want to see how much profit i can get after all. Hope i willnot be frustrated.

You will.not be frustrated, don't worry. Bitcoin price is steadily increasing though not that big increase. It is steadily adding small amounts and growing near 500 each day.

I agree and I am voting for this kind of increase. Slowly but surely. We dont want to see ourselves panicking when a big wave comes. That might also lose the price of the bitcoin when everybody is selling.

Yeah and major pump will be followed by major dump, and at that stage majority of people gets panic and sells all their coins, we need to have patience and faith.

This possibility will occur after halving. whereby when people panic buying before halving, and after halving the price increase, then they will make a big dump.

Yes and anything is possible with bitcoin, no one is assured about the price at the time of halving, it will be a major panic if price falls at the time of halving.
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