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Author Topic: Good idea to buy bitcoins now?  (Read 20746 times)
Corenin
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June 25, 2016, 08:29:41 AM
 #221

Just bought $20 worth, with the intention of holding.  We just broke $700 on the downside so I'm not betting the farm. 
But that amount is only good if you are holding short term because it will not take you anywhere even if after 10 years.

$20 is indeed not the highest amount, but if he's happy with it then it's perfectly fine. Perhaps that he will buy in several $20 steps as it will add up later.

Buying in small parts is always good, as you always have an opportunity to buy in future when price falls, if you buy full btc and if price falls next day, you will surely regret.
In these days no one should have to regret with these short dumps, we should have to buy more coins, the nature have given us another opportunity to buy some more coins and to prepare for the halving, the price will once again start to increase with a fastest jumps.

I hope what you are saying becomes true, as I am holding my coins since long time to sell at higher value to gain higher profit margins, so lets see whether price goes higher at halving or not.
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June 25, 2016, 04:15:18 PM
 #222

I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving.
what do you guys think? Smiley
Yes, it is perhaps the right time to buy, but if you'd do when the Bitcoin was around 500$, you would have had more profit.
But it's still interesting if you want to wait Halving, to see if the price will increase or decrease.
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June 25, 2016, 04:26:53 PM
 #223

wait and see the current state of prices take place, I think this is the right time to buy bitcoin before the price becomes higher, but there is also the possibility the price will be lower

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June 25, 2016, 04:35:14 PM
 #224

I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving.
what do you guys think? Smiley
Yes, it is perhaps the right time to buy, but if you'd do when the Bitcoin was around 500$, you would have had more profit.
But it's still interesting if you want to wait Halving, to see if the price will increase or decrease.
Bitcoin is highly volatile, investing huge amount in it is really very risky, it can work wonders or it can bite the dust.
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June 25, 2016, 09:59:28 PM
 #225

I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving.
what do you guys think? Smiley
Yes, it is perhaps the right time to buy, but if you'd do when the Bitcoin was around 500$, you would have had more profit.
But it's still interesting if you want to wait Halving, to see if the price will increase or decrease.
Bitcoin is highly volatile, investing huge amount in it is really very risky, it can work wonders or it can bite the dust.

Do not buy bitcoins right now wait until they drop a little bit i know the halving will take the price up but halving will only SLOWLY increase the price while if it doesnt go down then you can buy as it's SLOWLY increasing.

Get a job and provide btc for yourself before and after the halving process, you will be happy.
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June 26, 2016, 02:59:02 AM
 #226

wait and see the current state of prices take place, I think this is the right time to buy bitcoin before the price becomes higher, but there is also the possibility the price will be lower

The odds of the price lowering before the halving are pretty high because a lot of people apparently think that the price is going to go down during the halving process when in reality the price is surely going to go up due to supply and demand

Hope this helps and have a good time buying your bitcoins!
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June 26, 2016, 05:41:18 AM
 #227

wait and see the current state of prices take place, I think this is the right time to buy bitcoin before the price becomes higher, but there is also the possibility the price will be lower

The odds of the price lowering before the halving are pretty high because a lot of people apparently think that the price is going to go down during the halving process when in reality the price is surely going to go up due to supply and demand

Hope this helps and have a good time buying your bitcoins!

Well honestly, anything could happen, I believe that price will go up before halving, and maybe will drop just like last time, maybe not as drastically as it was, but a drop will sure to happen
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June 26, 2016, 10:44:16 AM
 #228

wait and see the current state of prices take place, I think this is the right time to buy bitcoin before the price becomes higher, but there is also the possibility the price will be lower

The odds of the price lowering before the halving are pretty high because a lot of people apparently think that the price is going to go down during the halving process when in reality the price is surely going to go up due to supply and demand

Hope this helps and have a good time buying your bitcoins!

Well honestly, anything could happen, I believe that price will go up before halving, and maybe will drop just like last time, maybe not as drastically as it was, but a drop will sure to happen
Yeah i also believe on that scenario that it will happen because if the price reaches $1k per bitcoin after halving i'm sure that many users will sell their coins to secure their profits but i think having a massive drop is a good one also because we are able to buy bitcoin for a lower or cheap price than before so we can make good profits again Roll Eyes.
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June 26, 2016, 10:56:52 AM
 #229

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.
I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.
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June 26, 2016, 11:00:21 AM
 #230

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.
I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.

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June 26, 2016, 09:41:56 PM
 #231

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.
I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.

It will go higher after the halving, supply and demand laws say it will, THAT IS NOT A GUARANTEE but it is most likely going to go over the top and probably reach about $800 within the first week. Keep your bitcoins, i would buy if you have none.

have fun after the halving you'll make loads of profit!
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June 26, 2016, 09:53:48 PM
 #232

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.
I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.
There are indeed no guarantees when it comes to Bitcoin but the great thing about Bitcoin is that it will gain more and more popularity throughout the years.

Maybe that the price won't increase much this year from the price today but I am quite sure that it will do so next year and the years after that as we progress through the years. Patience is needed.

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June 26, 2016, 10:24:48 PM
 #233

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.
I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.
There are indeed no guarantees when it comes to Bitcoin but the great thing about Bitcoin is that it will gain more and more popularity throughout the years.

Maybe that the price won't increase much this year from the price today but I am quite sure that it will do so next year and the years after that as we progress through the years. Patience is needed.

Majority of people lack patience and last week when it touched to $780 it gave an additional hope to the people that $1k is easily possible now, but price started to go back again, so not sure what will be the price at halving.
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June 28, 2016, 02:35:00 AM
 #234

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.
I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.

It will go higher after the halving, supply and demand laws say it will, THAT IS NOT A GUARANTEE but it is most likely going to go over the top and probably reach about $800 within the first week. Keep your bitcoins, i would buy if you have none.

have fun after the halving you'll make loads of profit!

That's not what the law of supply and demand says. The supply in this case is the number of coins being sold, not the number being produced. A decrease in the rate of new production could equate to a lowering of supply, but they are not necessarily linked. Speculators have already bought so many bitcoins in expectation of profiting from the halving that the market could be flooded with supply at a moment's notice as everyone rushes to lock in their profit, and the price could collapse because of it.

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June 28, 2016, 05:14:37 AM
 #235

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.
I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.
There are indeed no guarantees when it comes to Bitcoin but the great thing about Bitcoin is that it will gain more and more popularity throughout the years.

Maybe that the price won't increase much this year from the price today but I am quite sure that it will do so next year and the years after that as we progress through the years. Patience is needed.

Majority of people lack patience and last week when it touched to $780 it gave an additional hope to the people that $1k is easily possible now, but price started to go back again, so not sure what will be the price at halving.
Yeah many users don't have some patience to just hold their coins and it result for them to sell and affect the price to fall down up to $650 per bitcoin so for me it will take more time for bitcoin to reach $1k price because as you said many people have lack of patience but let see this year if the price will reach up to that Grin.
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June 28, 2016, 09:26:56 AM
 #236

I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving.
what do you guys think? Smiley
Now is a good time to buy Bitcoin because the price has dropped a bit and I think that it is going to rise again after the halving.
So I suggest that you buy now so that you can sell later on in the future to make a profit.


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June 28, 2016, 12:58:58 PM
 #237

Halving time is coming there are alitle time for that because it it is not too late to buy bitcoin especially  tpday  why ? today si bitcoin prise is good to buy for short time for long time because of it is good idea to buy bitcoin now.
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June 28, 2016, 01:17:47 PM
 #238

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.
I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.
There are indeed no guarantees when it comes to Bitcoin but the great thing about Bitcoin is that it will gain more and more popularity throughout the years.

Maybe that the price won't increase much this year from the price today but I am quite sure that it will do so next year and the years after that as we progress through the years. Patience is needed.

Majority of people lack patience and last week when it touched to $780 it gave an additional hope to the people that $1k is easily possible now, but price started to go back again, so not sure what will be the price at halving.
Yeah many users don't have some patience to just hold their coins and it result for them to sell and affect the price to fall down up to $650 per bitcoin so for me it will take more time for bitcoin to reach $1k price because as you said many people have lack of patience but let see this year if the price will reach up to that Grin.
Yes this is true. Some people are inpatient. Bitcoin was at $1000 CAD a weak ago and now it's at $800. I generally use Bitcoin as currency, but i bought $20 worth of bitcoin due to halving t=and the expected price increase. It may or may not be caused by all the hype surrounding halving, but that hyoe is certainly affecting the price.

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June 28, 2016, 01:44:56 PM
 #239

Halving time is coming there are alitle time for that because it it is not too late to buy bitcoin especially  tpday  why ? today si bitcoin prise is good to buy for short time for long time because of it is good idea to buy bitcoin now.


Current price is not too high if you want to invest it for a long term, but if you want to invest for short term and looking to sell at halving then it can be risky as we don't whether price will go higher or lower at halving.
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June 30, 2016, 06:05:40 AM
 #240

Halving time is coming there are alitle time for that because it it is not too late to buy bitcoin especially  tpday  why ? today si bitcoin prise is good to buy for short time for long time because of it is good idea to buy bitcoin now.


Current price is not too high if you want to invest it for a long term, but if you want to invest for short term and looking to sell at halving then it can be risky as we don't whether price will go higher or lower at halving.
Exactly because we already reach the peak of $1,000 before that is possible to hit also even this year, the halving hype will make the price go high again so buy now and ride with the train of success, just believe and invest.

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