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Author Topic: 65$ - should I buy now?  (Read 1853 times)
BitMay
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March 20, 2013, 08:50:58 PM
 #1

It may fall back to ~50$ but it also can rise to 70$ or above. What should I do? Buy or wait?
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the joint
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March 20, 2013, 08:51:59 PM
 #2

It may fall back to ~50$ but it also can rise to 70$ or above. What should I do? Buy or wait?

Let me check my crystal ball and I'll get back to you.

BTCBUDDY1
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March 20, 2013, 08:54:44 PM
 #3

BUY BUY BUY, be in it for the long haul, if you look at any chart, the current trend channels suggest a period of appreciation, and all the people saying we are ina  bubble like silver and gold and real estate, are nottaking into account that bitcoin is a method ofpatyment, a protocol,a  currency, etc. so it cannot be predicted in the same manner as said other things can.

I'm back.
hashcode
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March 20, 2013, 08:58:22 PM
 #4

If you're looking for a serious investment, you need to dollar-cost average and just make a regular weekly/monthly purchase of the same amount.

If you're just trying to speculate and make a quick buck, you need to make your own guess on where the value is going to go from here.

I bought $100 at around $23 and ended up using/losing all of it. I bought $100 more at around $31 and have been sitting on it since. Now at around $62 I've recouped ALL my bitcoin investment. It's really just luck and how much you're willing to invest.

Best advice is the same as gambling: Don't put in any more money than you can afford to lose.

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BitMay
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March 20, 2013, 09:06:30 PM
 #5

If you're looking for a serious investment, you need to dollar-cost average and just make a regular weekly/monthly purchase of the same amount.

If you're just trying to speculate and make a quick buck, you need to make your own guess on where the value is going to go from here.

I bought $100 at around $23 and ended up using/losing all of it. I bought $100 more at around $31 and have been sitting on it since. Now at around $62 I've recouped ALL my bitcoin investment. It's really just luck and how much you're willing to invest.

Best advice is the same as gambling: Don't put in any more money than you can afford to lose.

-hashcode

Thank you for advice.
Akka
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March 20, 2013, 09:07:04 PM
 #6

Have you heard about levelling (I'm not sure if that's the correct word, not a native English speaker).

When you build up a portfolio for a long term investment. For Example: Stacks for your retirement.

You don't buy them all at once to escape fluctuation.

When you buy the same amount at 60, 70 and at 80. Even if the price drops back to 72 you have still made profit.

Or if you buy now at 60 the price drops you buy again at 50 and 40, you could sell at 52 again for a provit.

So buy now if you want, but don't putt all you have in it.

All previous versions of currency will no longer be supported as of this update
Canaanite
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March 20, 2013, 09:08:09 PM
 #7

It may fall back to ~50$ but it also can rise to 70$ or above. What should I do? Buy or wait?

Nobody knows the answer, and if people knew, It would have adjusted to it right away
If you plan to become a long time investor, you can always buy in tranches. buy some today, some the next week and some the week after.
that way you minimize your exposure to the price right now
caiaphas
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March 20, 2013, 09:27:20 PM
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Have you heard about levelling (I'm not sure if that's the correct word, not a native English speaker).

I think the English term for this is 'Dollar cost averaging'. 
jwzguy
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March 20, 2013, 09:30:16 PM
 #9

Nah, wait till it's $100.
carborundum
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March 20, 2013, 09:34:06 PM
 #10

It may fall back to ~50$ but it also can rise to 70$ or above. What should I do? Buy or wait?

Let me check my crystal ball and I'll get back to you.

Yeah, with hindsight, my life would have been completely different... Piles of cash and kudos and a few hot wives and concubines looking after a few dozen kids
koobie
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March 20, 2013, 09:55:02 PM
 #11

Nah, wait till it's $100.


Or until its $10
jimg613
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March 20, 2013, 10:11:22 PM
 #12

I do have a feeling that you should buy now what happens when they reach $100 you going to be happy i told you to buy now they will go up almost certain more than ever people are joining and investing in this form of currency!!!





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carborundum
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March 20, 2013, 10:33:34 PM
 #13

Nah, wait till it's $100.

Hey whats someone with your credit posting in the newbie ghetto for?
instaBoost
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March 20, 2013, 10:38:01 PM
 #14

siri just told me you should sell lol...  Cheesy

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jwzguy
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March 20, 2013, 10:42:53 PM
 #15

Nah, wait till it's $100.

Hey whats someone with your credit posting in the newbie ghetto for?
I have credit?  Wink

Newbies need love too.
koobie
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March 20, 2013, 10:56:16 PM
 #16

It'll be too high when they start talking about it on CNBC.  That's your sell signal.
jimg613
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March 20, 2013, 10:57:59 PM
 #17

i havent heard anything on MSNBC BITCOINS is going to go up
alexhaj
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March 20, 2013, 11:06:09 PM
 #18

Best bet is as mentioned to do the dollar cost averaging and buy slowly over time.
trollu666
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March 20, 2013, 11:14:45 PM
 #19

If I were you, i won't buy it.

Just wait a few day and watch buble get break.

The value of BTC is HIGHLY overrated.

Free Bitcoins! (http://free1bitcoins.com)
Jillybean
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March 20, 2013, 11:18:01 PM
 #20

If I were you, i won't buy it.

Just wait a few day and watch buble get break.

The value of BTC is HIGHLY overrated.

Nice username.
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