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Author Topic: What price would you stop buying Bitcoin?  (Read 9522 times)
YuginKadoya
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May 21, 2017, 11:33:36 AM
 #181

As high as any bitcoin price I would still trade on bitcoin. Because this has become an important work for me. I live here. And until whenever I will not stop buying and selling bitcoin
For a trader like us, the price of bitcoin is not that big deal because we don't keep bitcoin for at least a year because we trade them regularly and we take advantage of the volatility of the price and that is how we make a living with bitcoin. In my opinion, as long as the market is active, i will not stop buying and selling bitcoin.
I am seeing it from the point of view of a crypto trader, that buying and selling is just a regular habit, but for a normal user, I think the higher the price goes, the less likely he would want to buy, but instead resort to selling his collection or part of it. Obviously, it is hard to say what the peak price of Bitcoin can be, but there are prices that would not be attractive for buying except in a dare situations like paying back debts or loans.

Yup! I agree it is simply not very profitable right now if you would simply buy bitcoin because there are no reliable news if the price would still goes up when the price have reach the heights of $2000 dollar mark value, but there are some that are confident and have gamble already their money that bitcoin would still reach a certain point to the moon maybe?


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May 21, 2017, 11:35:31 AM
 #182

My last purchased of bitcoin i think the price is  around $900-$1000 last month of april the last I bought and my money become doubel now if I sell my bitcoin today because the price of bitcoin around $2000-$2050 and I belive the price will reach $3000 or more after halving so I will hold my bitcoin until end of this year but If I see the bitcoin reach their maximum price I will sell my bitcoin. You can buy bitcoin today even the price is high because I believe bitcoin price will become more higher .

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May 21, 2017, 11:47:23 AM
 #183

I will continue to buy bitcoin whenever I have spare cash... However, I guess I will stop for awhile now to allow the market to stabilize and digest the ATH of $2063!!! Just can imagine that only a few months ago we were talking about breaking the ATH of $1163- an increase of $900 in ATH value in just few months!

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May 21, 2017, 11:54:58 AM
 #184

Right about now usually on an uptrend like this one it is hard to find what the supporting price as obviously there is no common price for. Also we are looking for a minor correction in which it will bounce back. Buying it right now would be a risky trade as you don't know when it will fall back. A margin of safety is always needed in trades as it is your assurance that your capital won't be affected when it falls. Right now people who have bought at a lower price can enjoy profit taking and the others who are left behind have nothing to do but monitor the price.

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May 21, 2017, 12:04:25 PM
 #185

I will continue to buy bitcoin whenever I have spare cash... However, I guess I will stop for awhile now to allow the market to stabilize and digest the ATH of $2063!!! Just can imagine that only a few months ago we were talking about breaking the ATH of $1163- an increase of $900 in ATH value in just few months!
Do you invest all your cash into bitcoin? It's a dangerous business, and there are many risks when we invest in something although it may give us a quick profit margin. A risky boy!

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May 21, 2017, 12:06:03 PM
 #186

I will continue to buy bitcoin whenever I have spare cash... However, I guess I will stop for awhile now to allow the market to stabilize and digest the ATH of $2063!!! Just can imagine that only a few months ago we were talking about breaking the ATH of $1163- an increase of $900 in ATH value in just few months!

This is my game plan for buying bitcoin. As of now, I don't have enough to buy bitcoins and considering the price it's really high for me. But if ever there were some refreshments and there are spare money from my pocket. I'm going to save it and I will buy whether it is few bitcoins or it will not make it up to 1 btc.

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May 21, 2017, 01:17:35 PM
 #187

If possible I don't buy bitcoin unless I exchange it with another altcoin. I don't have fiat available to buy so this is not really a question I can answer. I do want to keep earning it and hopefully grow Bitcoin as a saving fund for the long term. I don't think the price would affect me though if I was buying it regularly. I could continue buying and saving it, like I would gold or other investments.

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May 22, 2017, 01:57:55 AM
 #188

I can't stop buying bitcoin because this is my source of income as housewife I need bitcoin to earn for my children...unless bitcoin is gone...
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May 22, 2017, 02:30:53 AM
 #189

I stop buying when the price is $1000 because Im afraid if I buy bitcoin more than $1000 and Ithe price decrease. But most of my money I invest bitcoin and Im happy as of now because my money become double because when i bought bitcoin$1000 and If i sell it $2000. But I will holduntil the end of 2017 becayse many people said after halving the price will become $3000-$4000 . But we cannot know what is the future of bitcoin they have possible to decrease and they have possible to increase more.

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May 22, 2017, 02:31:20 AM
 #190

I would continue buying as long as I have some extra money for it, but only small fractions since I am also able to earn. That is what I try to hold and save for the future because I believe that the price increase is not going to stop at these levels we are presently at even though we have reached a very high amount already.


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May 22, 2017, 02:58:19 AM
 #191

I would continue buying as long as I have some extra money for it, but only small fractions since I am also able to earn. That is what I try to hold and save for the future because I believe that the price increase is not going to stop at these levels we are presently at even though we have reached a very high amount already.
This is good, you do not need to invest aggressively, putting a small fraction will let you accumulate a good number of bitcoins in the future and if the trend will continue that will multiply to an amount more than you can imagine. Actually we all have our goal to sell but the moment we see the price skyrocket, it seems like we will feel we will lose the opportunity to make more if we let go of our holdings.

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May 22, 2017, 03:33:35 AM
 #192

I would continue buying as long as I have some extra money for it, but only small fractions since I am also able to earn. That is what I try to hold and save for the future because I believe that the price increase is not going to stop at these levels we are presently at even though we have reached a very high amount already.

i agree, bitcoin is a good investment for all of us, saving and storing bitcoin is quiet good investment for me. if i have many moneys i will buy bitcoins with a large value and i will store it until it reaches my expecting price, i will only stop using bitcoin and buying it, when the time comes that my country will prohibit it and blocks all websites that im earning bitcoin on it.

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Pattart
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May 22, 2017, 04:52:21 AM
 #193

Probably when the bitcoin price has exceeded the reasonable limits. Like $ 10k / btc. Because it will be too expensive and of course transaction fees will also be more expensive. If it happens I will not buy bitcoin

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May 22, 2017, 05:09:22 AM
 #194

Actually Im not buying bitcoin as price now is very expensive. I just earned bitcoin from this forum and bounty.  By doing simple tasks and rules that I join here so far I earn btc well. Also we cant predict bitcoin price but Im saving and hold btc.

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kidmodo
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May 22, 2017, 06:32:15 AM
 #195

Actually Im not buying bitcoin as price now is very expensive. I just earned bitcoin from this forum and bounty.  By doing simple tasks and rules that I join here so far I earn btc well. Also we cant predict bitcoin price but Im saving and hold btc.
Very right choice, I also do that, safe enough for now and I also do not want to take much speculation, just follow bounty and you will earn bitcoin
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May 22, 2017, 07:09:32 AM
 #196

I never spend to buy bitcoin because I keep collecting bitcoin to a lot if I have a lot of possibilities I'll buy bitcoin.

I also have a lot of desire if it is a lot of collected in bitcoin.

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May 22, 2017, 07:58:36 AM
 #197

Actually Im not buying bitcoin as price now is very expensive. I just earned bitcoin from this forum and bounty.  By doing simple tasks and rules that I join here so far I earn btc well. Also we cant predict bitcoin price but Im saving and hold btc.
That is good for you because you are earning bitcoin with the help of forum and that is a very practical way to earn free bitcoin without investing money and just our time. I also do the same and i always put it on a cold storage for long term because i believe that soon bitcoin will have a very great future but if i will have an extra money, i will not stop buying bitcoin.

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May 22, 2017, 10:34:50 AM
 #198

The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying? 

I think Bitcoin still cheap i still buy bitcoin when i have excess money, maybee at the price of $5000 i will stop, not sure though.lol... Good thing is trading alts gives us more bitcoin. Will be buying more when it dip.

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May 22, 2017, 10:46:12 AM
 #199

The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying? 
I don't think that I'm gonna stop buying bitcoins ever, I believe that bitcoin is the future and I want to contribute as much as I can to it.
So that's my way to show my contribution towards bitcoin.

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May 22, 2017, 10:53:51 AM
 #200

Actually Im not buying bitcoin as price now is very expensive. I just earned bitcoin from this forum and bounty.  By doing simple tasks and rules that I join here so far I earn btc well. Also we cant predict bitcoin price but Im saving and hold btc.
That is good for you because you are earning bitcoin with the help of forum and that is a very practical way to earn free bitcoin without investing money and just our time. I also do the same and i always put it on a cold storage for long term because i believe that soon bitcoin will have a very great future but if i will have an extra money, i will not stop buying bitcoin.

Investing money in bitcoin is a good choice but at present the price is too high and everyone will not afford to buy bitcoins at this price and to buy them we need to wait for the price drop as we are at all time high price now and may be in coming days we may see a bit dip in the price so I think that would be the great time to buy bitcoins as if we buy now and price goes down then it will bring loss for us.


 
 
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