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Author Topic: Are you buying bitcoins? Why?  (Read 307701 times)
Harlot
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September 21, 2016, 10:32:14 AM
 #3821

I am buying about $5 in bitcoin a week for a long term investment.  There is no way I can afford much more at this time, but it works out for me to buy in small amounts while I can and before the cost in fees makes it not worth it!!

You are doing some kind of DCA( Dollar Cost Averaging), which I don't think is good for Bitcoin. DCA is good for long term investment and BTC had reached its recents peaks. Also not timing your conversion of fiat to btc can really hurt you price wise. That's why many people now don't hold btc what they rather do is day trading. If I were you ill wait first before buying Bitcoin.
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Schuyler
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September 21, 2016, 10:43:33 AM
 #3822

I am being tempted to buy now that the price is slightly below $600 again. I'll closely monitor the next few days and see if it can go down further. The last few days have been slightly leaning towards the price going down rather than going up.
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September 21, 2016, 10:49:56 AM
 #3823

I am being tempted to buy now that the price is slightly below $600 again. I'll closely monitor the next few days and see if it can go down further. The last few days have been slightly leaning towards the price going down rather than going up.
I think it is better to dont buy if you are not a long term trader. the price right now is below 600 value according preev price..
Maybe the price will decrease more soon.. so keep wait before you do a move..
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September 21, 2016, 11:39:43 AM
 #3824

I am being tempted to buy now that the price is slightly below $600 again. I'll closely monitor the next few days and see if it can go down further. The last few days have been slightly leaning towards the price going down rather than going up.

I don't want to suggest you a right thing because it's your decision after all. Also there's no right thing.

If you have some extra ammos it's not mistake to buy some. It's better to face the risk than to face regrets.

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coynedterm
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September 21, 2016, 11:52:11 AM
 #3825

Share with us what's your main reason for buying bitcoins?
today in the morning i found the price of ntc has been fall about 12$  then suddently i called my trader friend . and buy a $50 of amount btc to get profit after price increase . but i think now price is again stable at $600/btc .

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Jasad
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September 21, 2016, 12:11:28 PM
 #3826

I am being tempted to buy now that the price is slightly below $600 again. I'll closely monitor the next few days and see if it can go down further. The last few days have been slightly leaning towards the price going down rather than going up.
I think it is better to dont buy if you are not a long term trader. the price right now is below 600 value according preev price..
Maybe the price will decrease more soon.. so keep wait before you do a move..
the current down price are a sign of a bounce back for me ,
even if there will be bitcoin price  keep decreasing ,
i think buing bitcoin anytime will never be a disadvantage ,
the price always increasing despite have to go down deep first.
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September 21, 2016, 02:07:48 PM
 #3827

Share with us what's your main reason for buying bitcoins?
today in the morning i found the price of ntc has been fall about 12$  then suddently i called my trader friend . and buy a $50 of amount btc to get profit after price increase . but i think now price is again stable at $600/btc .
I could not understand what strategy you are following to buy bitcoin by having considering other index. It is really nice to have that you shared your way of buying. But, unlike you I do not bother about the price of bitcoin to buy it, I mean to say I do keep on buying bitcoin at whatever the price is and only requirement is I'm having some excess money.
Sandroxa
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September 21, 2016, 02:10:26 PM
 #3828

Share with us what's your main reason for buying bitcoins?

Most of the bitcoins I have are made from selling stuff and offering services , I buy little bit though .
I personally believe that bitcoin is something revolutionary and original , and also believe that it will be successful on the future even if the governments and banks will stay or at least try to stay on the way .
I am never buying bitcoins and do you know why because look at the price man the price of the bitcoin is not for people who love to buy only making profit if you already have some.
coinoclock
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September 21, 2016, 02:52:24 PM
 #3829

Share with us what's your main reason for buying bitcoins?

Most of the bitcoins I have are made from selling stuff and offering services , I buy little bit though .
I personally believe that bitcoin is something revolutionary and original , and also believe that it will be successful on the future even if the governments and banks will stay or at least try to stay on the way .
I am never buying bitcoins and do you know why because look at the price man the price of the bitcoin is not for people who love to buy only making profit if you already have some.
what? why not buy it if we think it will go further up? you can make a profit if you buy now and sell later, when the price go further up. and if you are so sure that it will go down, then why not short btc and make a nice profit?
agustina2
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September 21, 2016, 06:22:44 PM
 #3830

Share with us what's your main reason for buying bitcoins?
today in the morning i found the price of ntc has been fall about 12$  then suddently i called my trader friend . and buy a $50 of amount btc to get profit after price increase . but i think now price is again stable at $600/btc .
I could not understand what strategy you are following to buy bitcoin by having considering other index. It is really nice to have that you shared your way of buying. But, unlike you I do not bother about the price of bitcoin to buy it, I mean to say I do keep on buying bitcoin at whatever the price is and only requirement is I'm having some excess money.

And besides if people can afford to buy at any rate then that is fine. Just watch what will happen later. Since bitcoin price is unpredictable, we will just landed on two scenarios, to win or to lose.

But of course, buy coins based own analyzations while at the same time, sold it with the same principle.
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September 21, 2016, 07:23:42 PM
 #3831

I do buy some small amount of BTC as much as my budget allows, it's good to get them for free or for doing online services but buying BTC's is a good long-term investment IMO and particularly if you have good trust in the direction of BTC moving up.
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September 21, 2016, 09:32:01 PM
 #3832

Yes, it is one of the  safest cryptocurrency investments that can be  made out there... If you ask me why, stable  network and efficient  transactions are some of the incentives  to invest into it.
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September 21, 2016, 10:23:32 PM
 #3833

Yes, it is one of the  safest cryptocurrency investments that can be  made out there... If you ask me why, stable  network and efficient  transactions are some of the incentives  to invest into it.

and with that we are able to pay to any country it is allowed all over the world so if a person is unable to purchase a product with a payment processor due to limitation then he can buy bitcoins and with that he will be able to get that good and it is easy to transact to any country of the world where internet is present.
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September 22, 2016, 01:39:14 AM
 #3834

I am buying bitcoins because I wanna use this for my future, I will consider this as my retirement and I like to use it in trading at the same time. This is going to be a rough journey but I am willing to risk.

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September 22, 2016, 02:10:04 AM
 #3835

I try to buy some in each  dump, but not very often... I try also to get  something more with the  tasks performed  here in the forum.
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September 22, 2016, 02:17:10 AM
 #3836

I try to buy some in each  dump, but not very often... I try also to get  something more with the  tasks performed  here in the forum.

Just like these days the price of bitcoin falls so I would like to buy bitcoins as it is a good time for buying today. And I will going to use it for holding only.

But most of the time I am buying bitcoins when I don't have enough bitcoins for trading because I have my own wallet for holding.

And it is the main reason why I am buying bitcoins for trading.

Vires in Numeris
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September 22, 2016, 07:53:00 AM
 #3837

Most of my earnings from  bitcoin is not from buying it, but I buy btc when  I see that my coin, that I am monitoring  in trading, is dumping. So that's when I want to  buy, at cheaper price, and that is why I  buy btc from my own pocket.
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September 22, 2016, 07:58:03 AM
 #3838

I try to buy some in each  dump, but not very often... I try also to get  something more with the  tasks performed  here in the forum.

Just like these days the price of bitcoin falls so I would like to buy bitcoins as it is a good time for buying today. And I will going to use it for holding only.

But most of the time I am buying bitcoins when I don't have enough bitcoins for trading because I have my own wallet for holding.

And it is the main reason why I am buying bitcoins for trading.
That's the right thing to do and price is below $600 at a moment so I think this is the best price to buy some coins and wait for the price rise so in future to sell them and grab some good profits.
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September 22, 2016, 08:50:13 AM
 #3839

I try to buy some in each  dump, but not very often... I try also to get  something more with the  tasks performed  here in the forum.

Just like these days the price of bitcoin falls so I would like to buy bitcoins as it is a good time for buying today. And I will going to use it for holding only.

But most of the time I am buying bitcoins when I don't have enough bitcoins for trading because I have my own wallet for holding.

And it is the main reason why I am buying bitcoins for trading.
That's the right thing to do and price is below $600 at a moment so I think this is the best price to buy some coins and wait for the price rise so in future to sell them and grab some good profits.
Definitely, you should not think twice because there is no way the price will continue to fall back, I am seeing a good future for bitcoin and in fact I believe this year bitcoin will have a great progress so do not doubt the success of bitcoin and take the opportunity to ride the success by buying now.
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September 22, 2016, 08:57:14 AM
 #3840

Most of my earnings from  bitcoin is not from buying it, but I buy btc when  I see that my coin, that I am monitoring  in trading, is dumping. So that's when I want to  buy, at cheaper price, and that is why I  buy btc from my own pocket.

It would be hard to buy specially if you know you can earn it.  And I also buy some bitcoin if I need it immediately.  But that was the worst decision that I made.  I was scammed.  All the bitcoin I bought was just been a waste since it did not return any profit.  And buy when it is okay to buy or buy if the price is still low. 
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