Bitcoin Forum
April 23, 2024, 12:23:00 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: 65$ - should I buy now?  (Read 2050 times)
BitMay (OP)
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
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?
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
the joint
Legendary
*
Offline Offline

Activity: 1834
Merit: 1020



View Profile
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
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
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
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
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.

-hashcode
BitMay (OP)
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
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
Legendary
*
Online Online

Activity: 1232
Merit: 1001



View Profile
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
Sr. Member
****
Offline Offline

Activity: 246
Merit: 250


View Profile
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
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
March 20, 2013, 09:27:20 PM
 #8

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
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1002



View Profile
March 20, 2013, 09:30:16 PM
 #9

Nah, wait till it's $100.
carborundum
Newbie
*
Offline Offline

Activity: 57
Merit: 0



View Profile
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
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
March 20, 2013, 09:55:02 PM
 #11

Nah, wait till it's $100.


Or until its $10
jimg613
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
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!!!





All donations would be a greatly appreciated im starting from nothing trying to work my way up
197owexZDrYuR58LrGnvnjcn2e4b3EZ44x
carborundum
Newbie
*
Offline Offline

Activity: 57
Merit: 0



View Profile
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
Member
**
Offline Offline

Activity: 84
Merit: 10



View Profile
March 20, 2013, 10:38:01 PM
 #14

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

Donations: 12wqXQuExLnWoWWQy7j35hzBEW91bUz1YS
XRP: rDRho51t4StfNqEWrYKBAteJKyDeo5crZz
jwzguy
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1002



View Profile
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
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
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
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
March 20, 2013, 10:57:59 PM
 #17

i havent heard anything on MSNBC BITCOINS is going to go up
alexhaj
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
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
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
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.
Jillybean
Newbie
*
Offline Offline

Activity: 17
Merit: 0



View Profile
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.
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!