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Author Topic: Is now a good time to buy ?  (Read 2684 times)
shotsoffxx
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February 15, 2014, 05:39:29 AM
 #1

I'm new to this, I won't pretend to know everything. But my question is do you think the price will be going back up to the $1000's area anytime soon? If it does, do you think it will drop more before it does so? I know this is all just speculation, and nobody knows for sure. But I'd like to hear what you all have to say. Also, any good altcoins to buy in right now? Looks like doge has seen better days lol.
Thanks.
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texasaggie
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February 15, 2014, 07:16:19 AM
 #2

Try mining using multipool; they tell you the best currencies to be mining at the moment.

https://www.multipool.us/index.php
nanobtc
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February 15, 2014, 07:30:40 AM
 #3

Buy now. Don't risk enough that you have to eat dog food for a year, however, if it does not go right back up to $1000. It's not a get-rich-quick plan.

Unwanted BTC? Dispose of them safely here: 
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danbit
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February 15, 2014, 10:39:03 AM
 #4

Think of it in percentage profit/loss terms, rather than in $ terms.  The $ price is not so important, you make money on changes in price.

Trade frequently, buy low, sell high.

Just sell as soon as you see a worthwhile profit.

If you make some profit on most of your trades, then you are doing fine.

There's a big difference between daily highs and lows right now, and that's where the opportunity to make (or lose) money is.
Opsamk
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February 15, 2014, 02:52:44 PM
 #5

Price has stablized, people still have faith and it looks like we'll be slingshotting above $1k soon.

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bitcoindirect
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February 15, 2014, 08:02:05 PM
 #6

You say it's shooting to $1000, and I know it's actually been said to get to $1200 when the new miners are out and then higher and to the moon!  But where are the charts that people have created or made that show the dips and potential raises in pricing?

I know I have seen it before, but do they have some recent ones?  Thanks!

cdog
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February 15, 2014, 11:45:31 PM
 #7

yes

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February 15, 2014, 11:58:31 PM
 #8

It's always a good time to buy Wink

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tminer
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February 16, 2014, 11:36:12 AM
 #9

i wish
btc reach 10k by the end of the year

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slipy
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February 16, 2014, 12:14:41 PM
 #10

i wish
btc reach 10k by the end of the year
+1 on that.

BUY BUY BUY BUY
zemario
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February 16, 2014, 12:28:29 PM
 #11

Not so long ago, 4 months maybe. I remember a guy posting something like

"200, 130, 300, whatever, these are still great deals."

Say you would have bought at 300 which is almost 250% of 130. Looking back now, would you say it was a bad investment?

I bought a few coins recently at 800, honestly, the current price doesn't bother me a bit. There are only so many bitcoins. Adoption requires increase of value, there's no way around it. And bitcon is still tiny.
Now I am a bitcoin enthusiast, I  think it is a good investment and understand the risk.

No one can tell your the future, ultimately you have to go with your gut at some point.

The compulsory advice, only spend an amount of money that you're ok to loose.
Mix in in some fear and greed and it is a matter of time until you loose money.
TrailingComet
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February 16, 2014, 12:30:25 PM
 #12

Not a bad time to buy actually

Revolution
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February 16, 2014, 02:05:39 PM
 #13

i wish
btc reach 10k by the end of the year

And why would it do that? What could possibly happen in the economy for that to happen.

bitcoindirect
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February 16, 2014, 07:45:20 PM
 #14

i wish
btc reach 10k by the end of the year

And why would it do that? What could possibly happen in the economy for that to happen.

Supply and Demand.  It's what other currencies don't have except gold, silver, oil etc....All other currencies are based on the amount printed to deal with inflation.  Commodities only have so much in the world, but we don't know how much.  It's based upon the supply and demand and how much was 'mined' that day.

In terms of Bitcoins, same rules apply as gold except....we can measure how much is found and how many are left.  Making it measurable for supply and demand.  The reason the price would jump is because as the new technologies for the new miners come out, less coins will be available to mine.

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knightcoin
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February 16, 2014, 07:57:05 PM
 #15

I think it is a good time to buy .. and hodl even more 


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Don007
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February 16, 2014, 07:59:05 PM
 #16

I did buy since the price is about $600 now (on Bitstamp). If you watch the history of the BTC, it allways increases after it was about the $600 Wink.

I still have faith in BTC. We'll survive for sure, and I expect the $1000 in a few weeks.

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gemini22
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February 17, 2014, 12:12:16 AM
 #17

Yes, now is a good price to buy BTC.
knightcoin
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February 17, 2014, 12:27:00 AM
 #18

even because @ 25.28 PH/s network ... you not going to spend less than $2000 in hardware Wink

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shotsoffxx
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February 17, 2014, 02:21:03 AM
 #19

Hey guys thanks for all your replies. I bought an amount I'm willing to lose at $625/btc. The minute it goes back up to even the 800's I'm selling. Like you said, sell as soon as you see a worthwhile profit. I'm only gonna hold if there's some solid evidence I should do so.

Thanks for the advice!
Chemistry1988
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February 17, 2014, 02:38:16 AM
 #20

Hey guys thanks for all your replies. I bought an amount I'm willing to lose at $625/btc. The minute it goes back up to even the 800's I'm selling. Like you said, sell as soon as you see a worthwhile profit. I'm only gonna hold if there's some solid evidence I should do so.

Thanks for the advice!

Good luck  Smiley
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