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sabbirshm
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August 25, 2016, 04:34:16 PM |
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well, I only buy bitcoin when I need.So, I didn't fixed a routine or else for buy bitcoin.People buy bitcoin when it's price became down and wanted to sold when its price is high. I didn't try this rule till now.I just doing my job as I do, it's just a part time for me.
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marketone
Legendary
 Offline
Activity: 1302
Merit: 1000
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August 25, 2016, 04:36:06 PM |
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I tend to buy when the price is good for me too buy. I don't like to buy too soon because I usually don't like the outcome afterwards.
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co5hike
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August 25, 2016, 04:42:58 PM |
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well, I only buy bitcoin when I need.So, I didn't fixed a routine or else for buy bitcoin.People buy bitcoin when it's price became down and wanted to sold when its price is high. I didn't try this rule till now.I just doing my job as I do, it's just a part time for me.
Most of the users are treating it as an additional income but still you need to be careful in making decision for buying and selling as if you do it at right time then it will give you better profits. |
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agustina2
Legendary
Offline
Activity: 2436
Merit: 1008
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August 25, 2016, 05:08:46 PM |
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I like the idea of buying bitcoin on a monthly basis. It should also be the same amiunt of bitcoin. It is called cost averaging. I usually do it on stocks. But it can also apply to bitcoin if you consider it as an investment. The only thing needed so that it can be successful is consistency.
It's a good practice but what much better if you want to do some buying for regular basis, make up some monthly savings then just push it out whenever you think the price can consider as good buying rate. Bitcoin price for monthly monitoring can really have a great movement so it's much better if you have some spare to take part of your preferred buying rate. And if ever the price decrease after you buy you still have some spare. |
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peta4e
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August 25, 2016, 05:22:58 PM |
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I like the idea of buying bitcoin on a monthly basis. It should also be the same amiunt of bitcoin. It is called cost averaging. I usually do it on stocks. But it can also apply to bitcoin if you consider it as an investment. The only thing needed so that it can be successful is consistency.
It's a good practice but what much better if you want to do some buying for regular basis, make up some monthly savings then just push it out whenever you think the price can consider as good buying rate. Bitcoin price for monthly monitoring can really have a great movement so it's much better if you have some spare to take part of your preferred buying rate. And if ever the price decrease after you buy you still have some spare. Its always good to buy and sell in parts as you never know what will be the price tomorrow, so you always have an opportunity to buy at lower rate and selling it higher rate. |
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crockoo
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August 25, 2016, 05:26:10 PM |
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I like the idea of buying bitcoin on a monthly basis. It should also be the same amiunt of bitcoin. It is called cost averaging. I usually do it on stocks. But it can also apply to bitcoin if you consider it as an investment. The only thing needed so that it can be successful is consistency.
It's a good practice but what much better if you want to do some buying for regular basis, make up some monthly savings then just push it out whenever you think the price can consider as good buying rate. Bitcoin price for monthly monitoring can really have a great movement so it's much better if you have some spare to take part of your preferred buying rate. And if ever the price decrease after you buy you still have some spare. After another price jump to the bottom, you could buy bitcoin and has even now earn an income. True, after breaking bitfinex few were decisive for this case. |
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ironm@n
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August 25, 2016, 05:34:36 PM |
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When I see that the winds are blowing in favor...
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Crazygreek
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August 25, 2016, 05:46:46 PM |
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Im buying bitcoin when price is not so expencive, but anyway, i don't like to buy bitcoins, even a bit for gambling, for me is much better to earn it by myself.
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skysblu
Full Member
Offline
Activity: 219
Merit: 205
_Bitcoin Africa_
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August 25, 2016, 05:47:14 PM |
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I tend to buy when the price is good for me too buy. I don't like to buy too soon because I usually don't like the outcome afterwards.
the same for me, if the price is down then i always buy my bitcoins for making some good profit |
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Shibashi Dogemoto
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August 25, 2016, 05:49:11 PM |
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Im buying bitcoin when price is not so expencive, but anyway, i don't like to buy bitcoins, even a bit for gambling, for me is much better to earn it by myself.
Bitcoin offers us an opportunity to earn it, so I think we should make efforts and give our best try to earn as much as we can as the value of bitcoin will be much higher in future. |
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Foref1982
Member
Offline
Activity: 102
Merit: 10
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August 25, 2016, 08:51:51 PM |
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I know the issue when you don't have the money to invest when BTC's price is low, but you can't only buy bitcoin.
You can earn BTC from doing small tasks or if you live somewhere like Singapore, you can work at companies that pay in BTC.
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potatopower
Sr. Member
Offline
Activity: 296
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 25, 2016, 10:19:05 PM |
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I always buy bitcoin when i don't have many bitcoins left in my wallet, because i always use bitcoin everyday for gambling and trading and i bitcoins when i don't have bitcoins for gambling.
I think you are neither a good trader nor a good gambler, if you would be good in both of them then you actually don't need to buy bitcoins as trading and gambling can grow your coins if you are good in it. hopefully what he meant was to buy bitcoins when the price is going down and sell it when the price is going down. Also, hopefully, he buys bitcoins for gambling and never touches his trading bankroll. if none of my hopes are true, then yes, he/she might be not a good gambler and also not a good trader. Trading requires skills and knowledge and it is not a cup of tea of everyone, you cannot afford to invest blindly in trading as there sure shot chance that you will not earn anything out of it. well yeah of course if you will not know anything about it you wont be able to make money, it is how everything works |
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dragunfly
Full Member
Offline
Activity: 162
Merit: 100
Crypto is love, crypto is life
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August 25, 2016, 11:13:37 PM |
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well, I only buy bitcoin when I need.So, I didn't fixed a routine or else for buy bitcoin.People buy bitcoin when it's price became down and wanted to sold when its price is high. I didn't try this rule till now.I just doing my job as I do, it's just a part time for me.
the same for me, i dont put too much money into it because i need a lot of money for a living so i just simply cannot do that |
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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August 26, 2016, 05:55:23 AM |
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well, I only buy bitcoin when I need.So, I didn't fixed a routine or else for buy bitcoin.People buy bitcoin when it's price became down and wanted to sold when its price is high. I didn't try this rule till now.I just doing my job as I do, it's just a part time for me.
the same for me, i dont put too much money into it because i need a lot of money for a living so i just simply cannot do that Well, you just did a good decision, investing in bitcoin is a big gamble with a higher risk but also rewarding. However, there is no assurance that we will succeed with our investment, so it is just right that we should prioritize our needs instead of investing. |
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traderbit
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August 26, 2016, 06:18:54 AM |
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I tend to buy when the price is good for me too buy. I don't like to buy too soon because I usually don't like the outcome afterwards.
Every one wants and try to buy bitcoin for the cheaper price. right now bitcoin price is not cheap but it is still cheaper then before, if you tend to buy bitcoin for a good price I think this is the right time to buy. there is no prediction about bitcoin. the price mey get lowered but the increase chance is higher then decrease, |
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ontrackk
Sr. Member
Offline
Activity: 336
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 26, 2016, 02:10:47 PM |
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I always buy bitcoin when i don't have many bitcoins left in my wallet, because i always use bitcoin everyday for gambling and trading and i bitcoins when i don't have bitcoins for gambling.
I think you are neither a good trader nor a good gambler, if you would be good in both of them then you actually don't need to buy bitcoins as trading and gambling can grow your coins if you are good in it. hopefully what he meant was to buy bitcoins when the price is going down and sell it when the price is going down. Also, hopefully, he buys bitcoins for gambling and never touches his trading bankroll. if none of my hopes are true, then yes, he/she might be not a good gambler and also not a good trader. Trading requires skills and knowledge and it is not a cup of tea of everyone, you cannot afford to invest blindly in trading as there sure shot chance that you will not earn anything out of it. you are right, you need to spend a lot of time learning about the cryptos and deciding which one is going to grow up a lot next, it is really hard |
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agustina2
Legendary
Offline
Activity: 2436
Merit: 1008
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August 26, 2016, 02:17:15 PM |
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I tend to buy when the price is good for me too buy. I don't like to buy too soon because I usually don't like the outcome afterwards.
Every one wants and try to buy bitcoin for the cheaper price. right now bitcoin price is not cheap but it is still cheaper then before, if you tend to buy bitcoin for a good price I think this is the right time to buy. there is no prediction about bitcoin. the price mey get lowered but the increase chance is higher then decrease, Honestly we can't really determined whether the current is cheap or considered as high price to buy bitcoins. As long as the current trend is concerned, we can fully analyze if that price can be considered to take some another accumulations of coins. More importantly is your guts of facing the risk after you did some buying moves. So if you feel it and you think your analyzations has strong basis then just go on with your decision. |
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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August 26, 2016, 02:31:37 PM |
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I tend to buy when the price is good for me too buy. I don't like to buy too soon because I usually don't like the outcome afterwards.
Every one wants and try to buy bitcoin for the cheaper price. right now bitcoin price is not cheap but it is still cheaper then before, if you tend to buy bitcoin for a good price I think this is the right time to buy. there is no prediction about bitcoin. the price mey get lowered but the increase chance is higher then decrease, Honestly we can't really determined whether the current is cheap or considered as high price to buy bitcoins. As long as the current trend is concerned, we can fully analyze if that price can be considered to take some another accumulations of coins. More importantly is your guts of facing the risk after you did some buying moves. So if you feel it and you think your analyzations has strong basis then just go on with your decision. The determination of the price whether it is high or low depends on the individual mindset, if one believes that the price will be better than today's price then we will look at the current price as cheap price, most people who can easily determine if the price is cheap are those focusing for investing in the long term. |
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BeGoods
Legendary
Offline
Activity: 1372
Merit: 1008
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August 26, 2016, 10:46:04 PM |
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the halving priced in before the actual halving event thats why the price doubled during the past months, there was no other reason for it to grow
It was just a related scene but the real factors why price increase after halving is due to different reasons but not halving as the main one. It was just think of the others since they are expecting a price increase speculation during the halving days so somehow others ride the train. I do not think that you want to reverse the action with respect to the bitcoin. The fact that everyone expects price growth, and even those who do not have even a bitcoin. I think regardless of whether they buy or not when the price falls. and sell when prices are high. everyone will expect something that will be beneficial to them. I think that's what many people do. they will expect a high price when they have a lot of bitcoin in their wallets? |
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Zooplus
Legendary
Offline
Activity: 1106
Merit: 1000
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August 27, 2016, 01:09:49 AM |
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the halving priced in before the actual halving event thats why the price doubled during the past months, there was no other reason for it to grow
It was just a related scene but the real factors why price increase after halving is due to different reasons but not halving as the main one. It was just think of the others since they are expecting a price increase speculation during the halving days so somehow others ride the train. I do not think that you want to reverse the action with respect to the bitcoin. The fact that everyone expects price growth, and even those who do not have even a bitcoin. I think regardless of whether they buy or not when the price falls. and sell when prices are high. everyone will expect something that will be beneficial to them. I think that's what many people do. they will expect a high price when they have a lot of bitcoin in their wallets? Obviously that is the answer, we expect a good price after we bought bitcoin at a low price because that is the only way we can earn and make money. We are hoping for our investment to grow so we can achieved our goal in investing which is to be profitable even in a short period of time. |
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