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Author Topic: When do you buy Bitcoin ?  (Read 201227 times)
Loimu
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December 11, 2015, 08:32:14 AM
 #81

When I buy bitcoin? Well minimum end of every month. I put some portion of my salary away each and every month to buy more bitcoins.

newcoins1978
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December 11, 2015, 08:54:51 AM
 #82

For some people they buy just little amount weekly or monthly.
The others buy when the price of bitcoins goes low.
Some people just buy, because is fun Tongue
But me I buy when I can and when I have money.
Altynbekova
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December 11, 2015, 09:18:31 AM
 #83

The answer is quite obvious... You buy low and sell high.

A good example would be at the start of the year when BTC prices were around $200. Some people suggest that prices plunge from the holiday season but the current upward trend is proving that wrong.

Yeah I wish I bought bitcoin around 200 dollars, but doesn't matter than much I am really confident that bitcoin will rise in 2016.
So I am just buying some bitcoin to reach my target.
MaritiJames3
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December 11, 2015, 09:36:10 AM
 #84

I buy bitcoins when the price is low, but for now I think I am buying little amounts.
I can't afford that much, but I am happy that bitcoin is increasing.
Hapucerty
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December 11, 2015, 09:58:05 AM
 #85

i think the problem is not when did you buy bitcoin, but when the price is drop.
because usually if the price drops, not forever go down. wait until the price goes up again to sell BTC
I think the main problem is that what price is really high and what price is really low, for example current price it may be considered very low some day.

That is a dilemma we all have. So the best strategy is to buy some every month, no matter the price. In long term, we might make some profit.
jt byte
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December 11, 2015, 10:09:33 AM
 #86

I am buying small amount every month when i get my paycheck, and investing if and what i can when price drops and i feel it is right moment.

Yeah me too when I get my paycheck I make 10% of that to bitcoin. I want to get more than 50BTC in the future so that I can give it to my children. Also with bitcoin can rise and that is why is good to buy some every month.
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December 11, 2015, 10:57:15 AM
 #87

i think the problem is not when did you buy bitcoin, but when the price is drop.
because usually if the price drops, not forever go down. wait until the price goes up again to sell BTC
I think the main problem is that what price is really high and what price is really low, for example current price it may be considered very low some day.

That is a dilemma we all have. So the best strategy is to buy some every month, no matter the price. In long term, we might make some profit.

Yes, I was buying like this as well. For getting moment I have reached the amount that I am willing to invest so I am not buying currently.

But this tactics of buying little amount on every 1st of the month saves you a lot of headache and thinking am I buying while it's too high!
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December 11, 2015, 10:58:46 AM
 #88

I'm a trader. I buy bitcoin when the price going down or sometimes, as prices continue to rise I would buy. I hope I have not left behind the train
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December 11, 2015, 11:08:16 AM
 #89

I'm a trader. I buy bitcoin when the price going down or sometimes, as prices continue to rise I would buy. I hope I have not left behind the train

Even I'm not an active trader of bitcoin, I just follow the same pattern of your buying style. First i gather some money for buying bitcoins, then I wait for right time of lower value of bitcoin comparatively. I do save all my bitcoins for price appreciations.
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December 11, 2015, 11:13:23 AM
 #90

Buy bitcoin low and sell high is the best option. It's best to buy as low as possible but I don't think it will go lower than $350 for now.
Ybalevia
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December 11, 2015, 11:14:36 AM
 #91

I buy bitcoins when the price is low so, buying now is not a good idea for me.
It is to expensive so yeah, I will just try other method to collect.
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December 11, 2015, 11:15:00 AM
 #92

I'm a trader. I buy bitcoin when the price going down or sometimes, as prices continue to rise I would buy. I hope I have not left behind the train

Even I'm not an active trader of bitcoin, I just follow the same pattern of your buying style. First i gather some money for buying bitcoins, then I wait for right time of lower value of bitcoin comparatively. I do save all my bitcoins for price appreciations.

Unlike you, I never wait for a better price. I do buy some bitcoin from my regular salary every month. It's a kind of plan along with my salary budget just like investment. I am having average buying price which is lesser than $300. I'm happy with my plans of buying bitcoins regularly.
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December 11, 2015, 11:17:16 AM
 #93

Im buying when the price is dip. How do you know when the price is dipping? Proper monitoring is a must. If you wont feel theres a dip you can set aside now from buying and do btc earning method for the meantime.

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Ethalir
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December 11, 2015, 12:14:18 PM
 #94

I don't buy, at all.
I would have bought if I could have though. I would buy when there's a dip.
faridkifly
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December 13, 2015, 10:56:59 AM
 #95

For some people they buy just little amount weekly or monthly.
The others buy when the price of bitcoins goes low.
Some people just buy, because is fun Tongue
But me I buy when I can and when I have money.
i agree with you.
for me I dont know when i will buy bitcoin. i will buy bitcoin if i have enough money HAHAHA  Grin
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December 13, 2015, 12:57:18 PM
 #96

I buy usually when there is a sporting event is about to begin and I am out of bitcoins, for example, the big bash league is about to begin and I might buy before that, if not then I'll buy next year before the Aus Open. But that's all the requirement I have, I buy to gamble, mostly sportsbooks and casinos. And as far as buying for investment purpose is concerned I'll buy when I have enough to buy a few and the price is affordable.

 

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zivone
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December 13, 2015, 01:00:51 PM
 #97

I have not tried buying yet but I have plans on buying  for trading depends on the price.
HarryKPeters
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December 13, 2015, 03:07:06 PM
 #98

Buy low and sell high, anything below $1000 is a good time to buy.
I believe bitcoin has that much potential to grow. Especially if you're going to hold for some time.

MaritiJames3
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December 13, 2015, 03:19:32 PM
 #99

The more bitcoin falls the more i buy, this offcourse when i have funds to buy.  Then when the prices climbs I will start selling of in batches of 20%.
With the current climb i have sold 80%, so yeah let's go down a bit so i can buy again Wink
faridkifly
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December 13, 2015, 03:36:02 PM
 #100

Buy low and sell high, anything below $1000 is a good time to buy.
I believe bitcoin has that much potential to grow. Especially if you're going to hold for some time.
what makes you so sure?
because I really want to know whether the factors that make bitcoin prices rise, so i can predict that.
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