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Author Topic: When do you buy Bitcoin ?  (Read 201227 times)
SquallLeonhart
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September 24, 2016, 10:08:43 AM
 #2701

i usually buy bitcoins when the price sharply goes increases day per day . and there is sure chamce to increase at the next day . because with the increase in active rate of bitcoin price there is a lot of chamce to get profit than in buying at stable price .

Yes and its a good investment to make if you can hold them for long term, as it is predicted that price will be higher in future which can give us good profits.
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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September 24, 2016, 10:35:49 AM
 #2702

Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin

I don't have that much money that's why I did not buy bitcoin yet but given the chance, I would buy bitcoin monthly and then hold some like just storing it on my wallet and the other half I would use if for trading. If I can accumulate that much bitcoin just by trading then I don't need to buy anymore. I will just roll over my profit and then when I have enough capital then that's the time I would cash out some profit.

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September 24, 2016, 11:31:09 AM
 #2703

I will buy when the price of bitcoin is low at the moment because of the relatively high price. And better buy when low because when the price spikes have income immediately. Really better to buy at a low price than buy now do not know what might happen suddenly dropped deficit immediately
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September 24, 2016, 12:07:11 PM
 #2704

I will buy when the price of bitcoin is low at the moment because of the relatively high price. And better buy when low because when the price spikes have income immediately. Really better to buy at a low price than buy now do not know what might happen suddenly dropped deficit immediately

when you are waiting too long for the price to go down to such a level where you are happily buying at, you risk seeing the price go up instead of down. that's why you should buy yourself some coins at current levels with like 10-15% of your money. you can then keep the rest of your money for when the price goes down. if the price doesn't happen to go down, then you at least have some coins to benefit from when the price goes only up.
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September 24, 2016, 12:18:12 PM
 #2705

I will buy when the price of bitcoin is low at the moment because of the relatively high price. And better buy when low because when the price spikes have income immediately. Really better to buy at a low price than buy now do not know what might happen suddenly dropped deficit immediately

If you look at long-term investing to bitcoin, then the best time to start buying regularly is now - you really don't care whether the price of bitcoin goes up or down, you just buy regularly according to your established schedule of buying the coins. If you are otherwise investing to bitcoin in a short-time manner, then waiting for the price to go low can be quite tricky and may take time.
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September 24, 2016, 12:28:44 PM
 #2706

I will buy when the price of bitcoin is low at the moment because of the relatively high price. And better buy when low because when the price spikes have income immediately. Really better to buy at a low price than buy now do not know what might happen suddenly dropped deficit immediately

If you look at long-term investing to bitcoin, then the best time to start buying regularly is now - you really don't care whether the price of bitcoin goes up or down, you just buy regularly according to your established schedule of buying the coins. If you are otherwise investing to bitcoin in a short-time manner, then waiting for the price to go low can be quite tricky and may take time.

Bitcoin is best as an long term investment and if you have patience to hold them longer then you can buy them at current price as its still good and affordable price to buy bitcoins.
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September 25, 2016, 01:31:28 PM
 #2707

I don't usually buy bitcoin, but when I do the price drops after the purchase.
Don't know why this most of the time happens, even though I try to buy when the price gets dumped.
Well for me if the price of bitcoin is reduce by 30% should i buy because i know the price will increase back like this bitfinex happen that the price is reduce below 600 value and the price stay at 500+ level i buy some bitcoin that i can afford after few weeks we seen the price is rise again back until 600 value.. i sell some bitcoins to sure that i already made a profit.. and yesterday the price of bitcoin is below 600 value so i bought bitcoins again and now we are seeing that the price is increase again back to 600 value.

When bitcoin price is 30% reduced then it means that bitcoin price has crashed so I wouldn't buy at that time because the line on the graph is going down.
And the price can go even deeper, but after the price gets stabilized then that's the time where we should buy.
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September 25, 2016, 01:34:44 PM
 #2708

I don't usually buy bitcoin, but when I do the price drops after the purchase.
Don't know why this most of the time happens, even though I try to buy when the price gets dumped.
Well for me if the price of bitcoin is reduce by 30% should i buy because i know the price will increase back like this bitfinex happen that the price is reduce below 600 value and the price stay at 500+ level i buy some bitcoin that i can afford after few weeks we seen the price is rise again back until 600 value.. i sell some bitcoins to sure that i already made a profit.. and yesterday the price of bitcoin is below 600 value so i bought bitcoins again and now we are seeing that the price is increase again back to 600 value.

When bitcoin price is 30% reduced then it means that bitcoin price has crashed so I wouldn't buy at that time because the line on the graph is going down.
And the price can go even deeper, but after the price gets stabilized then that's the time where we should buy.

Yeah if price starts going down then its better to wait and keep a watch on price movement and once it starts to go higher slowly then that would be the best time to buy bitcoins.
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September 25, 2016, 02:00:06 PM
 #2709

Actully im buying bitcoin when the price is low or cheap then im gonna save it for long term and waiting for the bitcoin to incease the price then sell it again or convert it into fiat and waiting again to become cheap of bitcoin and sometimes i trade my bitcoin into other alt coins to grow .

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September 25, 2016, 02:02:43 PM
 #2710

I don't usually buy bitcoin, but when I do the price drops after the purchase.
Don't know why this most of the time happens, even though I try to buy when the price gets dumped.
Well for me if the price of bitcoin is reduce by 30% should i buy because i know the price will increase back like this bitfinex happen that the price is reduce below 600 value and the price stay at 500+ level i buy some bitcoin that i can afford after few weeks we seen the price is rise again back until 600 value.. i sell some bitcoins to sure that i already made a profit.. and yesterday the price of bitcoin is below 600 value so i bought bitcoins again and now we are seeing that the price is increase again back to 600 value.

When bitcoin price is 30% reduced then it means that bitcoin price has crashed so I wouldn't buy at that time because the line on the graph is going down.
And the price can go even deeper, but after the price gets stabilized then that's the time where we should buy.

Yeah if price starts going down then its better to wait and keep a watch on price movement and once it starts to go higher slowly then that would be the best time to buy bitcoins.

This is what I have learned from my experience and how most of the traders deal in those situations.
Because I think when the price gets down I'm afraid that the price will go even more lower.
torrentheaven
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September 25, 2016, 02:30:44 PM
 #2711

Actully im buying bitcoin when the price is low or cheap then im gonna save it for long term and waiting for the bitcoin to incease the price then sell it again or convert it into fiat and waiting again to become cheap of bitcoin and sometimes i trade my bitcoin into other alt coins to grow .

Everything will never happen to your expectations here that you will keep on buying low and selling high and follow the process over a period of time as you never know what is going to happen in future.
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September 25, 2016, 02:37:59 PM
 #2712

Actully im buying bitcoin when the price is low or cheap then im gonna save it for long term and waiting for the bitcoin to incease the price then sell it again or convert it into fiat and waiting again to become cheap of bitcoin and sometimes i trade my bitcoin into other alt coins to grow .

Probably one of everyone's reasons for using Bitcoin. It's a little bit sad that we're using Bitcoin just as a trading or gambling currency. We should spread the word to many more people and try to make it popular worldwide. This also increased our price.
fkvidar
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September 25, 2016, 02:57:04 PM
 #2713

Actully im buying bitcoin when the price is low or cheap then im gonna save it for long term and waiting for the bitcoin to incease the price then sell it again or convert it into fiat and waiting again to become cheap of bitcoin and sometimes i trade my bitcoin into other alt coins to grow .

Probably one of everyone's reasons for using Bitcoin. It's a little bit sad that we're using Bitcoin just as a trading or gambling currency. We should spread the word to many more people and try to make it popular worldwide. This also increased our price.

That's true that many people are buying it only to gamble with that, so people who are not using bitcoins feels that bitcoin is used only for illegal activities and  that created negative impact on the minds of people.
pocarime32
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September 25, 2016, 03:03:50 PM
 #2714

iam buy bitcoin, if bitcoin is low price
or after bug dump after long down chart in price
iam buy bitcoin and sell again is price high

Yes, this. I also buy some bitcoins when the price going down and i predict the price of bitcoin will not going down again, so i buy bitcoin on that time. So when the price of bitcoin increase, i sell my coins and repeat.
Icathia
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September 25, 2016, 04:06:00 PM
 #2715

For me the only place to buy bitcoin is when we got a dip. If the price or value is high, I prefer to use my own bitcoins from my hardware wallet. But when the price goes down again I make sure to buy at least an equal amount of bitcoins, to keep my stash the same.
eddyubachs
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September 25, 2016, 04:09:00 PM
 #2716

iam buy bitcoin, if bitcoin is low price
or after bug dump after long down chart in price
iam buy bitcoin and sell again is price high

Yes, this. I also buy some bitcoins when the price going down and i predict the price of bitcoin will not going down again, so i buy bitcoin on that time. So when the price of bitcoin increase, i sell my coins and repeat.

That's a right strategy to follow but the only issue is that we don't know whether it will go even lower from that point or it will rise after that but if we feel that price is low then we should buy some coins.
Cah Bagos
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September 25, 2016, 04:47:18 PM
 #2717

When I have enough money &  see a good price
SquallLeonhart
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September 25, 2016, 04:53:18 PM
 #2718

I haven't bought them since long time as I am holding descent amount of coins and making regular profits from trading, so only sell them when I need money and never prefer to buy them even if price goes lower.
tracktorr
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September 26, 2016, 04:41:40 AM
 #2719

I haven't bought them since long time as I am holding descent amount of coins and making regular profits from trading, so only sell them when I need money and never prefer to buy them even if price goes lower.
That if bitcoin produce constantly increasing their number, and then do not worry. But the fly in the fall may make sense, but the risk is terrible, because there is no extra money.
Caladonian
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September 26, 2016, 04:47:05 AM
 #2720

When I have enough money &  see a good price

This is when I am buying bitcoins too when I am seeing the price is acceptable and very low that I afford to buy then I will going to buy but there are times that even though the price is good but I don't have money in my pocket for buying so I feel sad about it that I am just bypassing the opportunity of buying bitcoins that time.
timing really is the best for us to gain profits from bitcoin industry if you place your buy orders in a low price in got fulfilled then expect for the rebounds and sure profits its up to you whether to do short term trade or hold for long for much bigger profits.
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