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Author Topic: is anyone going real long with bitcoin  (Read 1777 times)
Oralmat
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May 24, 2016, 10:33:15 AM
 #21

Buy now as early as possible, Cause bitcoin price now is low, Then sell it after halving. That was only my opinion Cheesy

I believe it the time has come that a lot of people are waiting it. because now bitcoin is in hightest price and i think it is good for us, also that halving is coming after 46 days. So wake up and ready to get profit and enjoy your life.
But secondly bitcoin's journey is not finish in this time, it will be continuously live with us, and we always use it and invest it.   
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May 24, 2016, 10:39:55 AM
 #22

I am here since last 2 years and the journey is still on, my journey will end only when bitcoin will die or disappear in future, but I don't think that will ever happen  Grin
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May 24, 2016, 11:02:23 AM
 #23

ie continually buying bitcoin a little each week no matter what the price is at or is everyone just trading bitcoins like a stock for quick gains

I don't buy every week, but I earn every week  Grin
It's more profitable than buying. but if you can't earn it, you can buy it.

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May 24, 2016, 02:14:57 PM
 #24

yes waiting at least 2028, before deciding what to do with my coins, surely i would not dump them, at best i might begin to use them in mass if the price do not increase substantially
I am not going to wait so many years that is just way to long for me. I think that I am going to quit way sooner with Bitcoin because I am just getting fed up with waiting so much.


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Altcoinsupporter
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May 24, 2016, 02:34:49 PM
 #25

There are a lot of people that is waiting for a higher value and that is because it was already stable for a long time but that have to change also so we can sell it with a lot of profit and that is nice.
Of course it will be really hard to know what is going to happen with the Bitcoin but you should also now that it can takes a long time when the value will be higher.
phreaky
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May 24, 2016, 02:59:48 PM
 #26

There are gonna be some people that will go for a long term, I personally will not going for the long term due to this year will most likely be good and profitable.
I also need the money plus I do not have the patient for it.
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May 24, 2016, 07:16:57 PM
 #27

Buying is out of my reach as there are no any active exchangers here where i can buy but i always try to keep holding whatever bitcoin i earn doing some developing task and other task till i really don't need money. I don't like to exchange whatever coin i have.

 
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May 24, 2016, 07:27:18 PM
 #28

There are gonna be some people that will go for a long term, I personally will not going for the long term due to this year will most likely be good and profitable.
I also need the money plus I do not have the patient for it.

Yeah and you need to keep on playing with them on shot term to gain more benefits from it as no one is sure what will be the price of bitcoin in future.
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May 24, 2016, 11:35:06 PM
 #29

I am not buying each week but i have been buying regularly whenever i could afford to spare some cash.

And yeah, i don't really look at the price when i buy them, the price is pretty irrelevant, as it will rise a lot anyway.
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May 31, 2016, 09:25:12 AM
 #30

I bought some bitcoin in 2013, I did not sell when the price was $1200. I did not sell anyting at all.
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May 31, 2016, 02:10:05 PM
 #31

Bitcoin will be the future payment method and there are also now a lot of people that is hoping that the value can be more worth because that would be really nice.
But of course it will be really hard to know what will happen in the future with Bitcoin but the chance is high that it is going to rise.
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June 11, 2016, 02:02:56 PM
 #32

I don't buy bitcoin that often because i'm not rich, but i don't have plan to sell my bitcoin.

I will try my best to buy one bitcoin a year. If I can do this for the next 20 years, I will be very rich later.

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June 11, 2016, 06:25:17 PM
 #33

ie continually buying bitcoin a little each week no matter what the price is at or is everyone just trading bitcoins like a stock for quick gains
It depends on oneself I guess.
It could be profitable to save your BTC in the long run.
I like to save BTC for the future savings, not so bad to choose the right track, and no harm it will cause to you.
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June 11, 2016, 06:36:22 PM
 #34

ie continually buying bitcoin a little each week no matter what the price is at

Yes. I have a separate cold storage just for hodling which I plan not to touch for a long time. At the very least not before the 4th halving
All other crypto are just for quick profit (mainly because there's nothing better at the moment)

                                                                       
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June 11, 2016, 06:39:15 PM
 #35

I buy a specific dollar amount every week.  When price is up, I get less.  When price is down, I get more.  It is called dollar cost averaging and is a very good strategy for establishing a long position.  I've been doing this for a little over a year and my average price for the coins I've bought via this method is $350.

The nice part about bitcoin exchanges is all fees are percentages, so it makes no difference if your weekly amount is $5 or $5000.  I highly recommend picking a small dollar amount you can afford to spend and buying each week.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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June 23, 2016, 11:33:15 AM
 #36

I buy a specific dollar amount every week.  When price is up, I get less.  When price is down, I get more.  It is called dollar cost averaging and is a very good strategy for establishing a long position.  I've been doing this for a little over a year and my average price for the coins I've bought via this method is $350.

The nice part about bitcoin exchanges is all fees are percentages, so it makes no difference if your weekly amount is $5 or $5000.  I highly recommend picking a small dollar amount you can afford to spend and buying each week.

I think it is good idea. When the price is low, like what happens now, you can buy a lot more, 20% more than a week ago.

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