chesthing
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January 06, 2014, 03:46:30 PM |
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It all depends on what you think OP.
If you think it will never go below the current price then you buy now.
If you think it will crash below the current price, then u buy when you believe the crash happens.
If you think its only down hill from here, then dont buy at all.
Its all down to you thou.
Unfortunately this is the truth, no one knows what will happen any more than you. Wall street guys and their chart analysis included. All the reading of others' opinions in the end won't make your mind up any faster, the only thing you will come away with is more confusion - so stop wasting time reading. That is except for the news coming out of China, pay very close attention to that. At this point your only 2 choices are suck it up or watch and wait, but you already knew that.
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piramida
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Borsche
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January 06, 2014, 03:48:20 PM |
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I usually invest when BTC crashes and gets down to $500.
Yes, that is the correct way. 500 would change, though, I think we are already past that, so the only question that you need to answer to profit from BTC speculation - is when the "crash" is over.
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i am satoshi
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nastybit
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January 06, 2014, 03:51:10 PM |
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Or you can ignore short term bubbles and crashes and invest long term, maybe for a couple 2/3 of years. Agree with post above, it's all up to you and how much you can lose! good luck :-) I usually invest when BTC crashes and gets down to $500.
Yes, that is the correct way. 500 would change, though, I think we are already past that, so the only question that you need to answer to profit from BTC speculation - is when the "crash" is over. You can't really predict the bottom (Unless you used the empirical rule: bottom is 2*previous_ATH) But I agree with you, maybe $6-700 was an easy entry point
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sgbett
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January 06, 2014, 03:53:32 PM |
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Do not invest in bitcoin.
Convert to them.
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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CaptainBeck
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January 06, 2014, 03:58:33 PM |
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Over all cost doesnt really matter. What you can afford matters. OP you are here because u believe BTC is worth something, so u might aswell invest and hope like the rest of us that u wake up 2moro and its going up.
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TERA
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January 06, 2014, 04:12:15 PM |
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Best time to buy is at the bottom when the shit hits the fan. Nothing beats having your position secured with a 25% profit an hour after you buy.
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nastybit
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January 06, 2014, 04:17:12 PM |
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Best time to buy is at the bottom when the shit hits the fan. Nothing beats having your position secured with a 25% profit an hour after you buy.
And how do you know if you just clean your face and the fan turns around at your direction AGAIN? Aaah it's so easy to talk hindsight :-)
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TERA
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January 06, 2014, 04:19:34 PM |
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Best time to buy is at the bottom when the shit hits the fan. Nothing beats having your position secured with a 25% profit an hour after you buy.
And how do you know if you just clean your face and the fan turns around at your direction AGAIN? Aaah it's so easy to talk hindsight :-) Its been very easy to identify short term bottoms by looking for a certain volume level and aggression of large buy orders / buys on gox and stamp.
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Dafar
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dafar consulting
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January 06, 2014, 04:31:27 PM |
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Best time to buy is at the bottom when the shit hits the fan. Nothing beats having your position secured with a 25% profit an hour after you buy.
And how do you know if you just clean your face and the fan turns around at your direction AGAIN? Aaah it's so easy to talk hindsight :-) Its been very easy to identify short term bottoms by looking for a certain volume level and aggression of large buy orders / buys on gox and stamp. The fan could be very high if the shit is actually real shit against bitcoin... i.e someone figures out a way to crash the network, fatal bug discovered in the protocol that makes everyone switch to a different ALT, someone figuring out how to destroy or create/copy bitcoin without mining
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TERA
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January 06, 2014, 04:45:24 PM |
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Yeah obviously not a fatal protocol related issue that spells the death of bitcoin. I mean the usual FUD and/or bubble pop.
Recently the fud trend has been: X drops out of the market. People think X was the sole source of bitcoin investment and dump all at any price. Replace X with: mtgox, silk road, china, etc.
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xephyr
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January 06, 2014, 05:26:07 PM |
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I want to know when you guys think is the best time to invest in BTC? I usually invest when BTC crashes and gets down to $500. The past 2 times this happened in the past month I've invested $5-10K each time and made alot of profit. I'm thinking are the crashes the best time? And when do you guys think the next crash will happen (So far loving the crash for profit but hating it because , well its a crash). 1 more thing , why do people get scared when the price drops? I mean come on do you think a crypto currency that is going to revolutionize the world will just fricking fall to a dollar and stay there? get real seriously haha.
Sounds like you have a good plan and can manage to trade without becoming emotional about it. Just wait for the next panic sell on heavy volume and pick up more coins at a discount.
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igorr
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January 06, 2014, 06:25:48 PM |
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I think, now is the best time for get out of the game. Bitcoin goes to 10 USD !!!
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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T.Stuart
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January 06, 2014, 06:26:47 PM |
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I think, now is the best time for get out of the game. Bitcoin goes to 10 USD !!!
Trolling!
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igorr
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January 06, 2014, 06:30:19 PM Last edit: January 06, 2014, 06:41:11 PM by igorr |
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Bitcoin Exchange offices do not have real money for all of your Bitcoin !!! 100% They have about 10% cash, and 90% chash not have !!! I personally would not paid a 100USD for 10 million Bitcoin.
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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TERA
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January 06, 2014, 06:50:42 PM |
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Bitcoin Exchange offices do not have real money for all of your Bitcoin !!! 100% They have about 10% cash, and 90% chash not have !!! I personally would not paid a 100USD for 10 million Bitcoin. Well if I was looking to cash out a large amount of coins (say 10,000s), I probably would not use "exchange offices". Id make an offer to SecondMarket, Fortress, or maybe even Loaded. Btc is where it is at now because the primary investors are not on exchanges.
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BitchicksHusband
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January 06, 2014, 06:55:33 PM |
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I told a whole lot of friends that were "waiting" to buy:
1. To buy when the first digit was a 5. They would have nearly doubled their investment in 2 weeks. 2. Once they missed that, to buy immediately. 3. Once they didn't do that, to buy before Christmas. 4. Once they didn't do that, to buy before New Year's Day.
Now they have missed that window.
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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igorr
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January 06, 2014, 07:02:57 PM |
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Bitcoin Exchange offices do not have real money for all of your Bitcoin !!! 100% They have about 10% cash, and 90% chash not have !!! I personally would not paid a 100USD for 10 million Bitcoin. Well if I was looking to cash out a large amount of coins (say 10,000s), I probably would not use "exchange offices". Id make an offer to SecondMarket, Fortress, or maybe even Loaded. Btc is where it is at now because the primary investors are not on exchanges. 10,000 's funny, iIt is so little I told a whole lot of friends that were "waiting" to buy:
1. To buy when the first digit was a 5. They would have nearly doubled their investment in 2 weeks. 2. Once they missed that, to buy immediately. 3. Once they didn't do that, to buy before Christmas. 4. Once they didn't do that, to buy before New Year's Day.
Now they have missed that window.
You forget, 5. lose all
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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Eusebio
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January 07, 2014, 12:26:15 AM Last edit: January 08, 2014, 02:19:24 PM by Eusebio |
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i wonder when another crash will strike
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Dragonkiller
Sr. Member
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Super Smash Bros. Ultimate Available Now!
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January 07, 2014, 12:35:27 AM |
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best time to invest is right now. there is a chance we will have another crash, but then you probably won't buy. it is human nature. right now, you wish it was $500. when $500 comes, sentiment would have changed. at that time you'd have to be very strong minded to buy and not wait for it to go lower when it is dropping.
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empoweoqwj
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January 07, 2014, 05:41:55 AM |
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It all depends on what you think OP.
If you think it will never go below the current price then you buy now.
If you think it will crash below the current price, then u buy when you believe the crash happens.
If you think its only down hill from here, then dont buy at all.
Its all down to you thou.
Don't overcomplicate. History has taught us that BUY NOW works just fine.
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