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Author Topic: Buying More Bitcoins  (Read 4394 times)
AbdTstpr (OP)
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January 06, 2017, 06:10:35 AM
 #1

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?
pooya87
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January 06, 2017, 06:25:00 AM
 #2

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

this is one of those questions that you have to find the answer to yourself.

- with buying bitcoin you have joined the revolutionary currency of the future and you benefit from all the good things this technology is offering you.
- your identity is safe when doing purchases because you don't give your personal information to the merchants.
- bitcoin is a decentralized currency that has no central authority to tell you how to use your money.
- you can have the highest security that anyone can hope for when they store their money.
- transactions are still cheap when you want to transfer money to anyone in any place around the world.
- transactions are extremely fast, you can send money in matter of seconds (not talking about confirmation)
- there are only 21 million coins max and there are billions of people.
- and many more.

now do you think it was a good idea to buy bitcoin?

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January 06, 2017, 06:28:10 AM
 #3

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

Good choice? Maybe Yes Maybe No.

For what is the purpose you did bought? For trading? For usage? If for trading, that will under the cateogry of price volatility which we all don't know as bitcoin price is unpredicatable. Take closely with the price monitoring so that you won't be late for every actions. With the current price like this, expect some surprising situations out of it.

For usage services, then no need reasons why you should use bitcoin in the first place. Smiley

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nydiacaskey01
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January 06, 2017, 06:33:18 AM
 #4

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?
Preev rate now is $975 so if you are going to sell now that means you just loss $25 plus some fees if you buy BTC when it was still at $1,000 but if you have enough patience and can withstand the pressure from different Bitcoin speculators that's says its time to sell or hold then keep it for now and sell when you reached your target. What is your target selling price anyway?
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January 06, 2017, 06:34:50 AM
 #5

What do you mean under 1000$ did you but at 999 or 700 or what amount first specify it. You have done a good job by buying Bitcoins but have you brought it at a good price is subject to discusssion. A) you brought at low price and it increases you will be happy good choice. B) you bought at high price btc crashes, you will regret it is bad choice. So now wait and watch, buying btc is a good thing. Just be patient with it. Hope you shall reap good profits.
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January 06, 2017, 06:41:47 AM
 #6

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

this is one of those questions that you have to find the answer to yourself.

- with buying bitcoin you have joined the revolutionary currency of the future and you benefit from all the good things this technology is offering you.
- your identity is safe when doing purchases because you don't give your personal information to the merchants.
- bitcoin is a decentralized currency that has no central authority to tell you how to use your money.
- you can have the highest security that anyone can hope for when they store their money.
- transactions are still cheap when you want to transfer money to anyone in any place around the world.
- transactions are extremely fast, you can send money in matter of seconds (not talking about confirmation)
- there are only 21 million coins max and there are billions of people.
- and many more.

now do you think it was a good idea to buy bitcoin?

so its only 21 million coins max? thanks for your information man.. is there any source that you can give me? im still learning about this bitcoin, need more information about what and how this bitcoin price depends of
nydiacaskey01
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January 06, 2017, 06:43:57 AM
 #7

so its only 21 million coins max? thanks for your information man.. is there any source that you can give me? im still learning about this bitcoin, need more information about what and how this bitcoin price depends of

Let me help you with that, here's a link about that 21 Million coins created and some FAQs about Bitcoin
https://bitcoin.org/en/faq
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January 06, 2017, 06:49:28 AM
 #8

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

That's the right choice from you. Sure the price of bitcoin rises more by the coming days, also the price won't go beyond the current price. So buying now sure gives profit in a short or with gradual increase surely benefits you.

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Telepo
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January 06, 2017, 06:56:08 AM
 #9

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

You should wait for new bottom line at 850$. Maybe it can be shown in next week. The downtrend is on the way.
Good luck to you.

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January 06, 2017, 06:57:35 AM
 #10

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

this is one of those questions that you have to find the answer to yourself.

- with buying bitcoin you have joined the revolutionary currency of the future and you benefit from all the good things this technology is offering you.
- your identity is safe when doing purchases because you don't give your personal information to the merchants.
- bitcoin is a decentralized currency that has no central authority to tell you how to use your money.
- you can have the highest security that anyone can hope for when they store their money.
- transactions are still cheap when you want to transfer money to anyone in any place around the world.
- transactions are extremely fast, you can send money in matter of seconds (not talking about confirmation)
- there are only 21 million coins max and there are billions of people.
- and many more.

now do you think it was a good idea to buy bitcoin?

so its only 21 million coins max? thanks for your information man.. is there any source that you can give me? im still learning about this bitcoin, need more information about what and how this bitcoin price depends of

much less than that because there are many coins that are lost, there was an estimate about 3M coins that are lost

the value will surely rise in the future with the enxt halving, keep holding until than it's the best thing you cna do
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January 06, 2017, 07:03:56 AM
 #11

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

That is good job, Guy. I did it like you. Hope we have right decision and get more profits .
Buying some bitcoins in this time is quite risky but I like it.
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January 06, 2017, 07:05:28 AM
 #12

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

i think its a good choice for you and if you can tell us in how much price you bought then we can give more advice or suggestion because for now, the price is reduce but i am sure that the price will be up again, its only a matter of time will give the answer.

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January 06, 2017, 07:24:03 AM
 #13

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?


What is your purpose?
Trading?
Maybe yes because sooner it will rise again ..

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January 06, 2017, 07:29:35 AM
 #14

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

Hi...though I can say is a good idea..cause the increase goes high yours too multiply and that's for future gain....but the other side of it is that when the rate of  bitcoin decreases it affect your Bitcoin...play wise
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January 06, 2017, 07:39:12 AM
 #15

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

this is one of those questions that you have to find the answer to yourself.

- with buying bitcoin you have joined the revolutionary currency of the future and you benefit from all the good things this technology is offering you.
- your identity is safe when doing purchases because you don't give your personal information to the merchants.
- bitcoin is a decentralized currency that has no central authority to tell you how to use your money.
- you can have the highest security that anyone can hope for when they store their money.
- transactions are still cheap when you want to transfer money to anyone in any place around the world.
- transactions are extremely fast, you can send money in matter of seconds (not talking about confirmation)
- there are only 21 million coins max and there are billions of people.
- and many more.

now do you think it was a good idea to buy bitcoin?

so its only 21 million coins max? thanks for your information man.. is there any source that you can give me? im still learning about this bitcoin, need more information about what and how this bitcoin price depends of

much less than that because there are many coins that are lost, there was an estimate about 3M coins that are lost

the value will surely rise in the future with the enxt halving, keep holding until than it's the best thing you cna do

I agree that holding bitcoin is the best option to have profit because it will sure increase price in the next couple of years so no matter what is the current price you buy it, It is always a good decision because you can guarantee to have profit if you just store it and never convert even though the price drops. Bitcoin halving is an assurance thta a price inflation can occur in the future because the supply of bitcoin is only limited.
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January 06, 2017, 07:48:51 AM
 #16

Better to buy bitcoins when its price is cheaper than the rates today. The price still too high even though it experienced a sharp drop a day ago.
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January 06, 2017, 08:16:49 AM
 #17

It is a quite good choice since the prices will keep fluctuating around this amount. In the end of June, we expect Bitcoin prices will increase up to $2000 and if you can hold until that time, you can earn some profit from it. The prices are cheap right now so buy it before it is too late.

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January 06, 2017, 08:20:49 AM
 #18

Hi,

I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?

Believe on yourself, you actually did a good choice by buying below $1,000. Don't worry about it because the price will increase again before the Chinese New year.

Chinese bitcoin users will buy again many bitcoins in belief to their culture that it can make their whole year prosperous.

Just don't regret that you did that.

Vires in Numeris
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January 06, 2017, 08:25:41 AM
 #19

Even though you bought Bitcoin @ 1000$ and now it is in 960$+ it is still ok don't be sad and do not sell it because of the low price. Just wait for a little longer then Bitcoin will surely pass 1000$ and will just play over 1000$ not 1000$ below. It is not risky if you are just going to hold Bitcoin because when the price become lower many people will buy again then the more people who buy Bitcoin then the price will go up also.
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January 06, 2017, 08:32:24 AM
 #20

You never know if it was a good choice to buy at a specific time.

Bitcoin does seem to be in a good spot though. The correction was badly needed as it rose way to fast.

Just don't panick when the price starts dropping another 100 or so. It is very difficult to pick the bottom to enter.
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