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Author Topic: When do you buy Bitcoin ?  (Read 201227 times)
NandaR
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July 25, 2016, 03:48:22 AM
 #2121

I think in a trusted seller bitcoin
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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July 25, 2016, 04:06:50 AM
 #2122

I think in a trusted seller bitcoin

The title says, 'when do you buy bitcoin?' Not to whom you are going to buy bitcoin. But it is also a thing to consider if you are going to buy bitcoin.
Because make sure that every money you are going to invest with bitcoin is going to be valuable.

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July 25, 2016, 04:14:03 AM
 #2123

Well, I think the best time to buy Bitcoin is when it goes though some deflation. Some of the deflation phases last only for 10 minutes so if you do want to buy low, you have to be consistently monitoring Bitcoin.
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July 25, 2016, 04:23:28 AM
 #2124

Well, I think the best time to buy Bitcoin is when it goes though some deflation. Some of the deflation phases last only for 10 minutes so if you do want to buy low, you have to be consistently monitoring Bitcoin.
Yeah. It should be on the deflation time to buy bitcoin. Well,  whoever  buy bitcoin when the price goes up?  It should be when price goes down. So we can get more profit from it.

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July 25, 2016, 04:32:31 AM
 #2125

Well, I think the best time to buy Bitcoin is when it goes though some deflation. Some of the deflation phases last only for 10 minutes so if you do want to buy low, you have to be consistently monitoring Bitcoin.
Yeah. It should be on the deflation time to buy bitcoin. Well,  whoever  buy bitcoin when the price goes up?  It should be when price goes down. So we can get more profit from it.


I am buying bitcoins when the price is very low but if there is no fluctuation at all. I'm just going to wait for further price increase and I'm just going to depend on the bitcoins that I am holding. And it is really going to be a good thing when you are going to buy at very low price. Because you can use it either for buying anything, holding or trading.



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July 25, 2016, 04:48:00 AM
 #2126

When the price reaches the bottom and then stabilizes without major fluctuations.
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July 25, 2016, 04:52:12 AM
 #2127

Well, I think the best time to buy Bitcoin is when it goes though some deflation. Some of the deflation phases last only for 10 minutes so if you do want to buy low, you have to be consistently monitoring Bitcoin.
Yeah. It should be on the deflation time to buy bitcoin. Well,  whoever  buy bitcoin when the price goes up?  It should be when price goes down. So we can get more profit from it.
But we never know if the price is really low or not and the evaluation should always depend from us to determine if current price are undervalued or not, like the current price if we think that due to the halving the price will increase then I would say that the current price now is low.

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July 25, 2016, 06:58:40 AM
 #2128

I have not bought anything yet with bitocin as we use it primarily for investment and savings but I have discussed with my wife at the end of the year we may treat each other to a small gift. I want a tablet and she wants some gold earrings. So we might exchange gifts with bitcoin over the Xmas period. Just an idea f course we see how it goes until then.


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July 25, 2016, 09:29:17 AM
 #2129

I have not bought anything yet with bitocin as we use it primarily for investment and savings but I have discussed with my wife at the end of the year we may treat each other to a small gift. I want a tablet and she wants some gold earrings. So we might exchange gifts with bitcoin over the Xmas period. Just an idea f course we see how it goes until then.

Even if you do not spend the bitcoin, and just hold it, you holding will reduce the number in circulation and will increase the price.

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July 25, 2016, 02:51:44 PM
 #2130

I have not bought anything yet with bitocin as we use it primarily for investment and savings but I have discussed with my wife at the end of the year we may treat each other to a small gift. I want a tablet and she wants some gold earrings. So we might exchange gifts with bitcoin over the Xmas period. Just an idea f course we see how it goes until then.

Even if you do not spend the bitcoin, and just hold it, you holding will reduce the number in circulation and will increase the price.

I prefer hold the most of the coin and wait for the price rise. But I also spend some to help the adoption.
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July 26, 2016, 01:05:43 PM
 #2131

I have not bought anything yet with bitocin as we use it primarily for investment and savings but I have discussed with my wife at the end of the year we may treat each other to a small gift. I want a tablet and she wants some gold earrings. So we might exchange gifts with bitcoin over the Xmas period. Just an idea f course we see how it goes until then.

Even if you do not spend the bitcoin, and just hold it, you holding will reduce the number in circulation and will increase the price.

I prefer hold the most of the coin and wait for the price rise. But I also spend some to help the adoption.

I think it is good time to buy when the price drops below $600 in the next few days. Money is flowing into Ethereum.

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goinmerry
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July 26, 2016, 01:59:29 PM
 #2132

I have not bought anything yet with bitocin as we use it primarily for investment and savings but I have discussed with my wife at the end of the year we may treat each other to a small gift. I want a tablet and she wants some gold earrings. So we might exchange gifts with bitcoin over the Xmas period. Just an idea f course we see how it goes until then.

That is cool. Now you will be using it for good. That is how bitcoin can provide us with different needs. Surprises could be better but gifts are great. Hey! can I have one too?  Grin
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July 28, 2016, 10:12:51 AM
 #2133

I have not bought anything yet with bitocin as we use it primarily for investment and savings but I have discussed with my wife at the end of the year we may treat each other to a small gift. I want a tablet and she wants some gold earrings. So we might exchange gifts with bitcoin over the Xmas period. Just an idea f course we see how it goes until then.

Even if you do not spend the bitcoin, and just hold it, you holding will reduce the number in circulation and will increase the price.

I prefer hold the most of the coin and wait for the price rise. But I also spend some to help the adoption.

I think it is good time to buy when the price drops below $600 in the next few days. Money is flowing into Ethereum.

The bitcoin price is not very volatile at the moment. it is difficult for the price drop below $600. you have to be very patient.
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July 28, 2016, 10:15:07 AM
 #2134

When the price reaches the bottom and then stabilizes without major fluctuations.
the same for me, i always buy my bitcoins if i see the price growing and i then sell it when the price is up and starts falling at a fast pace

 
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July 28, 2016, 02:38:58 PM
 #2135

Well, I think the best time to buy Bitcoin is when it goes though some deflation. Some of the deflation phases last only for 10 minutes so if you do want to buy low, you have to be consistently monitoring Bitcoin.
Yeah. It should be on the deflation time to buy bitcoin. Well,  whoever  buy bitcoin when the price goes up?  It should be when price goes down. So we can get more profit from it.


I am buying bitcoins when the price is very low but if there is no fluctuation at all. I'm just going to wait for further price increase and I'm just going to depend on the bitcoins that I am holding. And it is really going to be a good thing when you are going to buy at very low price. Because you can use it either for buying anything, holding or trading.

If we buy now and expect to increase in a day or 2, we will really be disappointed because big fluctuations to btc nowadays are very seldom. Holding bitcoin for a longer period of time is for me a good strategy - unless you really need it exchanged. With this, if you there will be significant increase to the btc price, then you are in the best position to sell it.
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July 28, 2016, 02:42:46 PM
 #2136

 I usually buy bitcoin when the price is low or down and then sell it at higher price It is pretty much the easiest way to earn bitcoin, but dont forget to allocate your bitcoin for long term investment, 1 bitcoin is enough for ten years later
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July 28, 2016, 02:45:54 PM
 #2137

There is no fixed time for me. I buy on dips, when the dust settles.
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July 28, 2016, 03:46:51 PM
 #2138

I usually buy bitcoin when the price is low or down and then sell it at higher price It is pretty much the easiest way to earn bitcoin, but dont forget to allocate your bitcoin for long term investment, 1 bitcoin is enough for ten years later
I think we cannot buy bitcoins this year if we will wait until the price will fall back. The current price seem so stable and I believe in the succeeding months we are going to benefit from the effect of halving,  and the price will increase in substantial amount.

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July 28, 2016, 04:00:34 PM
 #2139

There is no fixed time for me. I buy on dips, when the dust settles.
Yeah but you can buy bitcoin at the cheap only when before blockhalf so now it's complicated to predict if buying now will give you a profit or not.
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July 28, 2016, 05:54:04 PM
 #2140

I usually buy bitcoin when the price is low or down and then sell it at higher price It is pretty much the easiest way to earn bitcoin, but dont forget to allocate your bitcoin for long term investment, 1 bitcoin is enough for ten years later
I think we cannot buy bitcoins this year if we will wait until the price will fall back. The current price seem so stable and I believe in the succeeding months we are going to benefit from the effect of halving,  and the price will increase in substantial amount.
but i think it is not good to wait for the price to fell down, it will only be the waste of time. i do not think that the price will even come down to 500$. so it is still good time to buy bitcoin at the present time because we will never see bitcoin trading in present price.
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