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Author Topic: I'm Not Buying Bitcoins Any More  (Read 1005 times)
theonewhowaskazu
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November 27, 2013, 05:29:07 PM
 #1

Every single time Bitcoin has gained a digit for the first time, it has lost that digit at least 1 more time in the future.

Now I'm not selling, it has the potential to still increase a lot, you'll probably be able to get a better price. But no more buying 4 me Smiley

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pontiacg5
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November 27, 2013, 05:32:07 PM
 #2

That's dumb. If you agree it has the potential to increase in value a lot than the price you buy in for really doesn't matter. Every time bitcoin has lost value up to this point it has gained it back and then some.


Please DO NOT send me private messages asking for help setting up GPU miners. I will not respond!!!
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November 27, 2013, 05:33:05 PM
 #3

same has been said at 10 and 100 dollar, same will be said at 10000 and 100000 Wink
eindbaas
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umad?


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November 27, 2013, 05:33:28 PM
 #4

Meet you again when btc is 10k Kiss
oOoOo
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November 27, 2013, 05:34:28 PM
 #5

@OP: I fully agree. Let's just hope it doesn't go back to double digits... :/
Nemesis
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November 27, 2013, 05:35:59 PM
 #6

how many times i have to say buy and hold? only spend btc but not cashing out.

Treat bitcoin as saving, you put small amount into it periodically and spend on things you need.

If you just buy btc and hope to sell high as investment, what do you gain? fiat money?  you dont gain wealth by holding fiat money.

Sell your btc, buy a house ----- GOOD

Sell your btc, hold fiat and wish to buy back in low------ BAD. you're just a greedy pig that will get slaughtered.

piramida
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November 27, 2013, 05:44:31 PM
 #7


Sell your btc, buy a house ----- GOOD

Sell your btc, hold fiat and wish to buy back in low------ BAD. you're just a greedy pig that will get slaughtered.

Sell your btc, buy a house ----- you are just a greedy pig with a house Wink

i am satoshi
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November 27, 2013, 05:45:35 PM
 #8

how many times i have to say buy and hold? only spend btc but not cashing out.

Treat bitcoin as saving, you put small amount into it periodically and spend on things you need.

If you just buy btc and hope to sell high as investment, what do you gain? fiat money?  you dont gain wealth by holding fiat money.

Sell your btc, buy a house ----- GOOD

Sell your btc, hold fiat and wish to buy back in low------ BAD. you're just a greedy pig that will get slaughtered.



This is my first time through a major upward movement
I didn't learn about btc till the end of may

And now I have learned my lessons
I will buy in dips and hold forever.... and only use btc to pay off debts.

Though I have made good fiat on my journey a sic scams and fear of crashes have reduced my potential wealth

Wish I would have listened earlier


 
 
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theonewhowaskazu
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November 27, 2013, 05:49:17 PM
 #9

same has been said at 10 and 100 dollar, same will be said at 10000 and 100000 Wink

Yea and they were right. Both. Times.

If you stopped buying when we first went over $100 you could have been the one buying in the $90s for weeks.

Shak
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November 27, 2013, 05:52:26 PM
 #10

same has been said at 10 and 100 dollar, same will be said at 10000 and 100000 Wink

Yea and they were right. Both. Times.

If you stopped buying when we first went over $100 you could have been the one buying in the $90s for weeks.

if "stop buying" is meant as "buy later on the second rise" then yes
theonewhowaskazu
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November 27, 2013, 05:54:11 PM
 #11

same has been said at 10 and 100 dollar, same will be said at 10000 and 100000 Wink

Yea and they were right. Both. Times.

If you stopped buying when we first went over $100 you could have been the one buying in the $90s for weeks.

if "stop buying" is meant as "buy later on the second rise" then yes

That's exactly what I said in the OP.

You never buy the FIRST TIME BTC reaches a new digit. After a crash when it goes below into tripples again, then I'll buy.

trumbadera
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November 27, 2013, 05:54:23 PM
 #12

Every single time Bitcoin has gained a digit for the first time, it has lost that digit at least 1 more time in the future.

Now I'm not selling, it has the potential to still increase a lot, you'll probably be able to get a better price. But no more buying 4 me Smiley


Are you talking about Chinese Yuans, CNY ?
It does not make much sence what are you saying...
Nemesis
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November 27, 2013, 05:55:08 PM
 #13

same has been said at 10 and 100 dollar, same will be said at 10000 and 100000 Wink

Yea and they were right. Both. Times.

If you stopped buying when we first went over $100 you could have been the one buying in the $90s for weeks.

Seem like you have a system of making money. Sell all your BTC now and buy back in 900?

Whats the point of this thread?
GriTBitS
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November 27, 2013, 06:09:00 PM
 #14

buy house with bitcoin, or u will have to sell twice as much because of taxes!!!!!

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