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Author Topic: My plan to to invest in bitcoin. Tell me if you would do the same.  (Read 682 times)
bitcoinsrus (OP)
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February 08, 2014, 07:15:42 PM
 #1

Hello.  I recently made many posts and have gathered lots on info from users.  I came to the conclusion that right now is not best to buy because I am not looking to short.  If it does plummet more than 700 or goes back to 800-900, I have no problem with that.  I am not looking for a quick buck.

What I plan to do is read about updates from this forum in the next few weeks and see what the trend is.
Whether it goes to 600 (I would probably go all in) or if it goes to 850 (I will see if its an uptrend from here).

I hear news about monday coming around and mt gox situation so I will not buy until I see the results.

My ultimate plan is to buy in a few weeks and hold for the long run (months-years)

Tell me if you would do the same and how I could improve this idea.
Feel free to say whatever you want, this is the internet and I dont have soft skin

hodl and sodl (just wanted to say this  Cheesy )
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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BittBurger
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February 08, 2014, 07:20:56 PM
 #2

The current $700 is a good price.

A very good price.

I would not try to "get smart" and think you can predict what will happen.

Had so many friends tell me im clueless and they're "waiting for a big crash".

Thats when it was at $250.

They're still waiting.  They never got in.  Now they're screwed.

The days of seeing 700's ever again, are numbered.  I would get in and hold for 5 years.


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bitcoinsrus (OP)
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February 08, 2014, 07:26:12 PM
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The current $700 is a good price.

A very good price.

I would not try to "get smart" and think you can predict what will happen.

Had so many friends tell me im clueless and they're "waiting for a big crash".

Thats when it was at $250.

They're still waiting.  They never got in.  Now they're screwed.

The days of seeing 700's ever again, are numbered.  I would get in and hold for 5 years.



i hear what your saying but I look at it like this.
Its early in this so called crash.  i keep hearing about monday and mt gox
and i wanna see where it leads.

if it means btc goes to 600 (using bitstamp for price) i could get a little more btc
if it goes back up to 800, well i would accept the loss.

for shorting buying now would be best
but i rather hold long so i wanna make sure i go over all scenarios

i am not stupid and i know it wont go anywhere near 300 in this dip, but I just wanna see this small
bump play out.

long term i wanna hold and check back in a few months to a year
(originally I was planning to kncpreorder but forget that holding btc far more valuable then mining now, unless you own a gpu farm or something)
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February 08, 2014, 07:28:07 PM
 #4

Don't listen to the ass talkers here.
https://bitcointalk.org/index.php?topic=453377.0

bitcoinsrus (OP)
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February 08, 2014, 07:33:28 PM
 #5

Don't listen to the ass talkers here.
https://bitcointalk.org/index.php?topic=453377.0

I read that post yesterday lol
I like to listen to everyones perspective and make conclusions from them
I would value your opinion as well (if it were more detailed on the topic at hand)
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February 08, 2014, 07:35:42 PM
 #6

bitcoinsrus,

Stop making so many threads asking for investment advice. It is cluttering this sub-forum.


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bitcoinsrus (OP)
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February 08, 2014, 07:36:43 PM
 #7

bitcoinsrus,

Stop making so many threads asking for investment advice. It is cluttering this sub-forum.

Sorry about this, did not mean to clutter this forum.
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