Bitcoin Forum
March 29, 2020, 11:18:47 AM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How much money you're planning to spend on bitcoins?  (Read 955 times)
bitrain
Sr. Member
****
Offline Offline

Activity: 462
Merit: 251


View Profile
June 28, 2011, 01:11:50 AM
 #1

I mean, what is you investment budget (in dollars) for this month/year?
 So what it depends on?

◇◇◇◇◇◇◇◇◇◇◇◇◇◇◇
ICO starts 1st Nov.
◇◇◇◇◇◇◇◇◇◇◇◇◇◇◇
 
████████████████████████ PLAYKEY: DECENTRALIZED CLOUD GAMING PLATFORM ████████████████████████
█████████████ Getting lost in the sea of cryptocurrencies? Choose Playkey token! █████████████
Website | BitcoinTalk | Slack | Twitter | LinkedIn | Medium | Facebook | Reddit | Telegram
 
◇◇◇◇◇◇◇◇◇◇◇◇◇◇◇
ICO starts 1st Nov.
◇◇◇◇◇◇◇◇◇◇◇◇◇◇◇
1585480727
Hero Member
*
Offline Offline

Posts: 1585480727

View Profile Personal Message (Offline)

Ignore
1585480727
Reply with quote  #2

1585480727
Report to moderator
1585480727
Hero Member
*
Offline Offline

Posts: 1585480727

View Profile Personal Message (Offline)

Ignore
1585480727
Reply with quote  #2

1585480727
Report to moderator
AWARD-WINNING
CRYPTO CASINO
ASKGAMBLERS
PLAYERS CHOICE 2019
PROUD
PARTNER OF
1500+
GAMES
2 MIN
CASH-OUTS
24/7
SUPPORT
100s OF
FREE SPINS
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1585480727
Hero Member
*
Offline Offline

Posts: 1585480727

View Profile Personal Message (Offline)

Ignore
1585480727
Reply with quote  #2

1585480727
Report to moderator
gtabmx
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile
June 28, 2011, 01:48:00 AM
 #2

Maybe $250, and up to $500 if things look bright.

-Mike
Nirth
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
June 28, 2011, 02:36:51 AM
 #3

Nothing currently..I wait until something happens and it's cheaper. :p
tvbcof
Legendary
*
Offline Offline

Activity: 3150
Merit: 1079


View Profile
June 28, 2011, 02:43:28 AM
 #4

Couple of percent of my similar investment vehicles.  Really depends on how the legislation (outlawing it) is implemented in the different countries.

Vaxum
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
June 28, 2011, 02:46:56 AM
 #5

I'm spending about 15% of my wage on purchasing bitcoins atm.
cbeast
Donator
Legendary
*
Offline Offline

Activity: 1736
Merit: 1002

Let's talk governance, lipstick, and pigs.


View Profile
June 28, 2011, 02:48:54 AM
 #6

Either too much or not enough is what remains to be seen.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
abednego
Newbie
*
Offline Offline

Activity: 58
Merit: 0



View Profile WWW
June 28, 2011, 02:53:25 AM
 #7

Just a little wisdom... what you're doing now is day trading NOT investing.  Investing is putting money away for years.  Trading is betting (gambling) on prices of something to rise in your favor in a set time.  Just make the distinction and don't play the market with more than you're willing to lose  Grin
mikeo
Full Member
***
Offline Offline

Activity: 190
Merit: 100


Send & Receive Money Instantly With No Hidden Cost


View Profile
June 28, 2011, 02:59:05 AM
 #8

Just a little wisdom... what you're doing now is day trading NOT investing.  Investing is putting money away for years.  Trading is betting (gambling) on prices of something to rise in your favor in a set time.  Just make the distinction and don't play the market with more than you're willing to lose  Grin

As a daytrader for 12 months (until I realized the only one making money at it was my broker, TradeStation) I would agree with you completely. Buying and selling Bitcoin is pure gambling/speculation.

Moxed
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile WWW
June 28, 2011, 03:01:52 AM
 #9

At the moment im farming them, lucky me i had 2x 5850 in my comp just for gaming when a friend show my bitcoin Smiley

Them im trading them and raise !
jprockbelly
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
June 28, 2011, 03:51:43 AM
 #10

Great thread, I think people can get a bit excited about the idea that bitcoin is some new currency that nobody knows about, and that simply getting in early will gurantee a profit of some sort. Investing/trading has all the pitfalls of any other type of currency.

Personally my interest is mining, but it's hard to say what kind of investment i have made. I recently brought a 5850 for AU$169 so I guess you could say that is the amount invested Smiley However it's a bit convoluted because I don't have a dedicated mining rig and I also use the card for gaming. I suppose the extra wattage draw while mining is also part of the "investment".
xasasx
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
June 28, 2011, 10:36:14 AM
 #11

probably just £50 to see how it goes at first.  I am excited by all this though!
david4dev
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile WWW
June 28, 2011, 11:58:58 AM
 #12

I don't see bitcoins as an investment. They are a tool for me to easily pay for things online, particularly with donations.

So far, I've put £30 into Youtipit and I am awaiting more people to post things there that I feel are worthy of donations.

The amount I plan to spend is directly related to what I can buy with or donate to using bitcoins and how much I can afford.
otomo5240
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
June 28, 2011, 01:21:45 PM
 #13

just mining   Roll Eyes
fassadlr
Member
**
Offline Offline

Activity: 90
Merit: 10


View Profile
June 28, 2011, 01:33:37 PM
 #14

I day trade with my mined coins. I bought about 24BTC when it was around 24$/BTC so I've gotta wait it out. Or make up what I've lost via trading and then sell them.
AA666
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
June 28, 2011, 01:48:14 PM
 #15

Currently its about $200, but please don't tell it to my mom.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!