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Author Topic: is anyone going real long with bitcoin  (Read 1777 times)
topper26 (OP)
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April 28, 2016, 12:45:39 PM
 #1

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
ingenuity
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April 28, 2016, 01:22:51 PM
 #2

Buy now as early as possible, Cause bitcoin price now is low, Then sell it after halving. That was only my opinion Cheesy
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April 28, 2016, 01:40:41 PM
 #3

I'm in the process of continuously buying and holding for 70+ days because of the halving.
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April 28, 2016, 02:03:55 PM
 #4

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
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April 28, 2016, 03:18:29 PM
 #5

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

No, Price is not low at the moment. Its already crossed 470$ and going up. There was a time when it was around 385$, near the start of the year.That  was the best time to buy it. You can still buy it now as price will keep on rising till halving
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April 28, 2016, 03:43:53 PM
 #6

depending on the situation. for now I might buy while bitcoin prices below $450.
but generally I prefer to make a quick trade and make a profit every day.
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April 28, 2016, 04:02:27 PM
 #7

I don't think anyone would just go "buying bitcoin a little each week no matter what the price is at". People tend to analyse first whether it would be worth to go long with bitcoins or not. But with the current trends, it is believed that it is worth investing in bitcoins alone as it nears to become a currency accepted by the world.
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May 07, 2016, 08:44:23 PM
 #8

I mine the altcoins and sell them for bitcoin. So I have a constant flow of bitcoin coming my way. I also spend some to buy graphics cards.

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May 07, 2016, 08:53:39 PM
 #9

Ok so what do you guys think is going to happen after the halvening if everyone dumps their bitcoin onto the market?   I will be watching from the sidelines in a lawn chair, smoking a cigar.

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May 07, 2016, 08:58:29 PM
 #10

I buy everymonth $100 worth of Bitcoin since the price was around $220-$250. I will continue doing this untill the price reaches $500 and then I will most likely stop doing so as I then have more than enough coins.
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May 07, 2016, 09:02:34 PM
 #11

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

Depends what you want to with it.Keep holding or do the short term trades.Personally,I use bitcoins for daily services ,not really interested in using it as an investment.

If you have a good amount of coins in stock,you can invest in something good or might just lend out on daily interests basis.Don't wait for halving as someone people suggest here,the results are unpredictable for now.

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May 07, 2016, 09:07:05 PM
 #12

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

Well I do not buy bitcoin continually ie each week because i do not need so often to buy, but i do trade on regular basis when i think it worth trading, also besides this i also consider bitcoin as an investment asset so i expect the price to be higher that it is now by the end of this year or a year from now.
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May 07, 2016, 09:26:24 PM
 #13

Of course I still will try to acquire gradually more bitcoins, although I would prefer to wait for a price below $400 to exchange dollars for bitcoins, but I hope this current bullish trend is not irreversible!
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May 07, 2016, 11:55:59 PM
 #14

I am very long on bitcoin. I will continue to buy and accumulate while the price is under $1000. Maybe I will sell some after the fourth or fifth or sixth halving. Maybe.
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May 08, 2016, 03:37:24 AM
 #15

yeah, i am somewhat doing the same thing. i mostly have bought what i could invest last year when the price was low at $220 and mostly the day it went down to $180-$190 and since then i have bought some in the dips and when some temporary drama is causing newbies to panic sell, i am there to buy.

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May 08, 2016, 03:57:40 AM
 #16

I am very long on bitcoin. I will continue to buy and accumulate while the price is under $1000. Maybe I will sell some after the fourth or fifth or sixth halving. Maybe.

I am also going long with bitcoins. Although i buy at low and spend at high but i will be staying with this currency as i believe it has great potential to be the world greatest currency ever.
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May 08, 2016, 05:03:31 AM
 #17

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

Yeah, I put a little of each paycheck into it. A fixed dollar amount, so the amount of coin I get is variable. Is that what you mean?
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May 08, 2016, 05:27:08 AM
 #18

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

No, Price is not low at the moment. Its already crossed 470$ and going up. There was a time when it was around 385$, near the start of the year.That  was the best time to buy it. You can still buy it now as price will keep on rising till halving

Its still concidered low though the fact that bitcoin was once 1200$. I'm not sure if during halving the price of bitcoin will reach $1200 but I think the price will significantly go high. Everyone is speculating this already, that is why they are buying too.









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May 08, 2016, 05:54:14 AM
 #19

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 am long on Bitcoin and will be long for at least a good number of months. Cheesy
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May 08, 2016, 07:25:18 PM
 #20

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 am long on Bitcoin and will be long for at least a good number of months. Cheesy
Then that's not LONG at all. A good number of months isn't considered long, except if you meant that going long is around at least 60 months. Going long means investing in bitcoin for a REALLY long time e.g. 10 years. Although that's not really long. In fact, that's actually normal length for investments.
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