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Author Topic: Is now a good time to buy and store Bitcoin?  (Read 6462 times)
upsidedown75
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May 10, 2016, 12:06:29 PM
 #61

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
I have stored all my money in bitcoin and I know that it is not just the saving but it is also a very good investment as the price increases faster, if you want to invest your money now then it is still early and before the time pass from you I will suggest you to invest all your money you will get a bigger profit after a few months.
fearlesscat10
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May 10, 2016, 01:22:31 PM
 #62

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
I have stored all my money in bitcoin and I know that it is not just the saving but it is also a very good investment as the price increases faster, if you want to invest your money now then it is still early and before the time pass from you I will suggest you to invest all your money you will get a bigger profit after a few months.

Well, technically, the earlier you buy and invest - the better. I don't think you should invest ALL your money in it though. Is that 4-5 BTC disposable money? If it's your kid's college fund or something important, I think you should just budget a small amount into BTC first.


Ulloa
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May 10, 2016, 01:52:37 PM
 #63

Yes it will be quite nice if you are making an investment in Bitcoin and that is because you can see that the halving is coming slowly and it will be also more worth indeed so that is nice.
And you better can store them now indeed because people with already Bitcoin are already waiting for a price increase.
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May 10, 2016, 01:54:13 PM
 #64

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
I have stored all my money in bitcoin and I know that it is not just the saving but it is also a very good investment as the price increases faster, if you want to invest your money now then it is still early and before the time pass from you I will suggest you to invest all your money you will get a bigger profit after a few months.

Well, technically, the earlier you buy and invest - the better. I don't think you should invest ALL your money in it though. Is that 4-5 BTC disposable money? If it's your kid's college fund or something important, I think you should just budget a small amount into BTC first.



Yeah its worst to invest your all money in single product, especially in bitcoin, as bitcoin is still treated as an risky investment as no one is sure about the future of bitcoin.
Altynbekova
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May 10, 2016, 01:59:04 PM
 #65

Yes its very good to buy and store them now because the fact is that the bitcoin has such a good future a head this year.
I think we can all make profit at the end of this year.
Altcoinsupporter
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May 10, 2016, 03:02:43 PM
 #66

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
This is no the best time to buy Bitcoins, we have already past that time but it is not a bad time to buy. If you can afford the price it is always good to invest in Bitcoin.
I am sure that you are going to earn your money back when the times come to sell.
umaOuma
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May 10, 2016, 03:11:20 PM
 #67

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
This is no the best time to buy Bitcoins, we have already past that time but it is not a bad time to buy. If you can afford the price it is always good to invest in Bitcoin.
I am sure that you are going to earn your money back when the times come to sell.

I think the price is good to buy some coins now, price is not too high at a moment and you can expect good returns by selling at the time of halving when price would be higher.
crossabdd
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May 10, 2016, 03:55:07 PM
 #68

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
This is no the best time to buy Bitcoins, we have already past that time but it is not a bad time to buy. If you can afford the price it is always good to invest in Bitcoin.
I am sure that you are going to earn your money back when the times come to sell.

I think the price is good to buy some coins now, price is not too high at a moment and you can expect good returns by selling at the time of halving when price would be higher.

yeah as long as price is below $500 it is a good time to buy. but if you want a lower price, just wait. it's likely the price could still go down, because halving still long enough.
mirana12345
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May 10, 2016, 04:04:31 PM
 #69

Its interesting to see that very large majority of the people agree that this time period before the halving and price going wild is almost a certain win for investors.
I also agree with that notion, but im also confident that there will be attempts of manipulation on the price with a lot of both FUD and hype. Either way, bitcoin is a relatively safe buy.
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May 10, 2016, 04:16:54 PM
 #70

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
This is no the best time to buy Bitcoins, we have already past that time but it is not a bad time to buy. If you can afford the price it is always good to invest in Bitcoin.
I am sure that you are going to earn your money back when the times come to sell.

I think the price is good to buy some coins now, price is not too high at a moment and you can expect good returns by selling at the time of halving when price would be higher.

yeah as long as price is below $500 it is a good time to buy. but if you want a lower price, just wait. it's likely the price could still go down, because halving still long enough.
I think its better to buy right now because there's a possibility that the price of bitcoin will continues increase and it will no longer decreases..
and this is the sure way i think than waiting for nothing..

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fkvidar
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May 10, 2016, 04:45:19 PM
 #71

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
This is no the best time to buy Bitcoins, we have already past that time but it is not a bad time to buy. If you can afford the price it is always good to invest in Bitcoin.
I am sure that you are going to earn your money back when the times come to sell.

I think the price is good to buy some coins now, price is not too high at a moment and you can expect good returns by selling at the time of halving when price would be higher.

yeah as long as price is below $500 it is a good time to buy. but if you want a lower price, just wait. it's likely the price could still go down, because halving still long enough.
I think its better to buy right now because there's a possibility that the price of bitcoin will continues increase and it will no longer decreases..
and this is the sure way i think than waiting for nothing..

Yes and I think that halving is not too far now and it will show us some good price, so buying now and waiting for price rise at halving would be the choice of majority of users.
Denker
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May 10, 2016, 05:01:39 PM
 #72

Its interesting to see that very large majority of the people agree that this time period before the halving and price going wild is almost a certain win for investors.
I also agree with that notion, but im also confident that there will be attempts of manipulation on the price with a lot of both FUD and hype. Either way, bitcoin is a relatively safe buy.

And maybe because everybody expects the price to rise due to halving, nothing will happen.
Of course I hope this won't be the case but it wouldn't surprise me if we wouldn't see that much gains around the time of the halving or directly after it.
In 2012 there was an significant increase ~ 5 months later.And one big factor might have been Cyprus at that time who knows.
naidray
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May 10, 2016, 08:14:30 PM
 #73

I guess it depends on the level of confidence in the bitcoin, if I was you, I probably would not buy it, but collecting it. we just have to play with patience if you want to profit, if you buy and hold, then only a small profit can you get
No, it is not a sensible suggestion. Those people who buy it have invested the same energy in earning their fiat which you invest in earning bitcoin, but the difference is that you are online and he on offline. Both of you will get the same profit if you hold bitcoin.
gerXhonza
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May 10, 2016, 09:56:53 PM
 #74

I guess it depends on the level of confidence in the bitcoin, if I was you, I probably would not buy it, but collecting it. we just have to play with patience if you want to profit, if you buy and hold, then only a small profit can you get
No, it is not a sensible suggestion. Those people who buy it have invested the same energy in earning their fiat which you invest in earning bitcoin, but the difference is that you are online and he on offline. Both of you will get the same profit if you hold bitcoin.

Yeah, if you buy or you earn will not make any difference, important thing is what number of coins you are holding in your wallet, more coins will take you to earn more profits in future.
mrhelpful
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May 10, 2016, 10:30:51 PM
 #75

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
I have stored all my money in bitcoin and I know that it is not just the saving but it is also a very good investment as the price increases faster, if you want to invest your money now then it is still early and before the time pass from you I will suggest you to invest all your money you will get a bigger profit after a few months.

I hope you stored it in a cold wallet, since thats all your money.

Theres too many people losing their btc through malware or other forms of theft with a huge sum.
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May 10, 2016, 10:45:43 PM
 #76

If you are not in a hurry you may as well try to get the best price for the bitcoin you buy. You could wait for a down day when volume is over 10K on the daily chart at Bitstamp.

If you are going to have a few thousand dollars tied up in bitcoin you really need a hardware wallet like Trezor to store your bitcoin private keys offline safe from theft. 

The Sceptical Chymist
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May 10, 2016, 11:35:48 PM
 #77

Hell yes it's a good time to buy, and I'm not even going monkeyballs over the halving like most other people on this forum are doing.  I think bitcoin has a lot of potential for upward growth and I have exactly zero evidence to support this assertion, so it's worth what you paid for it.  But yeah, I'm buying myself little by little.

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Newcoins2020
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May 10, 2016, 11:39:55 PM
 #78

Hell yes it's a good time to buy, and I'm not even going monkeyballs over the halving like most other people on this forum are doing.  I think bitcoin has a lot of potential for upward growth and I have exactly zero evidence to support this assertion, so it's worth what you paid for it.  But yeah, I'm buying myself little by little.

I myself find the price a little bit too high. Don't ask  me why but i feel the rise we can expect will go to 500, but there is also a chance the price will go to 400 again.
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May 11, 2016, 12:37:28 AM
 #79

Hell yes it's a good time to buy, and I'm not even going monkeyballs over the halving like most other people on this forum are doing.  I think bitcoin has a lot of potential for upward growth and I have exactly zero evidence to support this assertion, so it's worth what you paid for it.  But yeah, I'm buying myself little by little.

I myself find the price a little bit too high. Don't ask  me why but i feel the rise we can expect will go to 500, but there is also a chance the price will go to 400 again.
I think it will go to the amount of 500 dollar very soon this month even maybe, its just a matter of time.
I do not see the price go lower to be honest, the bitcoin is growing day by day and the halving is in our eye sight.
fearlesscat10
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May 11, 2016, 02:31:57 AM
 #80

Hell yes it's a good time to buy, and I'm not even going monkeyballs over the halving like most other people on this forum are doing.  I think bitcoin has a lot of potential for upward growth and I have exactly zero evidence to support this assertion, so it's worth what you paid for it.  But yeah, I'm buying myself little by little.

I myself find the price a little bit too high. Don't ask  me why but i feel the rise we can expect will go to 500, but there is also a chance the price will go to 400 again.
I think it will go to the amount of 500 dollar very soon this month even maybe, its just a matter of time.
I do not see the price go lower to be honest, the bitcoin is growing day by day and the halving is in our eye sight.

But do you think the price will sharply decline again after the halving bubble pops? 2014 was not a good year for bitcoin. It could happen again for 2017.

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