A Saving Plan

[luca1073]

You are doing just the right thing, buying below $10,000 is a good technique because for sure we will again reach that price.
Not only buying should be the focus, you also need to ensure that you have a very precise plan to sell at the right timing, buying and holding alone will not make us successful investing in crypto.

True, see what happened in December 2017 January 2018. We are learning eheh

[idham29]

Regular spending on bitcoin for a longer time period unlike the price difference happening with time is a best saving plan. Here it gives the user with the best in the market and provides with ease on investing as we don't know when is the bull market or the price pumping gonna get initiated.

Using crypto money is the same as a frugal package, because transaction costs are not as big as using banking services and faster. This efficiency is an added value in crypto use, especially for payments between countries.
Then,  the use of crypto is only based on the internet which means it is simpler and not subject to other costs, because something that happens in cyberspace cannot be taxed.

[KennyR]

Everywhere saving is the one that makes the change everywhere. When it is done through cryptocurrency we can get promised return on the savings done regularly. Also, the savings plan is really impressive to buy and hold until the price of bitcoin not exceed $10000. To save is really a hard task, but one who achieve it long term succeeds.

[gabmen]

Regular spending on bitcoin for a longer time period unlike the price difference happening with time is a best saving plan. Here it gives the user with the best in the market and provides with ease on investing as we don't know when is the bull market or the price pumping gonna get initiated.

Using crypto money is the same as a frugal package, because transaction costs are not as big as using banking services and faster. This efficiency is an added value in crypto use, especially for payments between countries.
Then,  the use of crypto is only based on the internet which means it is simpler and not subject to other costs, because something that happens in cyberspace cannot be taxed.

 


Well using it now at this current state could possibly make you lose out in the long run. I'd rather lock up any bitcoins that i have and spend regular money. At this point, i don't see it as a cheaper, more convenient mode of transaction but something that'll give me profit in the long run.

[zee11225]

You have indeed a good plan and I envy your courage into it. Buying bitcoin every time it's below $10,000 is sometimes effective. But not all the times. I mean, when you bought it at $8500 but it goes down eventually to $3,500. Then, it is not a good timing.
Why don't you use some indicators to at least have a guide and knowledge of the price of bitcoin will go bearish or bullish.

This is a good time to buy bitcoin, prices are falling in the range of USD 3,900 so there is a good opportunity for investment, because the prospects are good the price starts to increase so there is a chance of earning profit in the short term.
Bitcoin must provide an opportunity to enjoy profits after a long time in the price range of USD 3,400, and began to be proven. Without certainty it is difficult to expect investors to increase their capital.

[luca1073]

Woke up this morning and my total portfolio in Btc had gone up to 3.10 btc including btc and altcoins. Now it's below 3 BTC due to the usual temporary dumps but this is just the start of a probable Long bullrun that may last a few years. I may be wrong of course. Also this morning I bought 0.01 btc

[Barbut]

Everywhere saving is the one that makes the change everywhere. When it is done through cryptocurrency we can get promised return on the savings done regularly. Also, the savings plan is really impressive to buy and hold until the price of bitcoin not exceed $10000. To save is really a hard task, but one who achieve it long term succeeds.

Saving is a mind killer, its what I think now after so many years of trying to save something. You earn something and you try to spend just a little and to always put something on a side, but that is bad idea, now I think that saving is not good at all. What we should do is to improve all the time, as we are improving to find new ways of earning more. So don`t save, try to earn and to spend and invest in something.

[Daboy_Lyle]

Having a saving plan will make your savings good. Setting a plan will your money to be organized. Sometimes having a large amount of bitcoin causes of not having a savings especially when the price is high because they are expecting that the price will continue to rise but since then bitcoin isn't stable so we need to do something to have or to start saving. Planning helps especially when you are panicking but you settled a plan you'll be relaxing because of that good plan.

[ausbit]

Woke up this morning and my total portfolio in Btc had gone up to 3.10 btc including btc and altcoins. Now it's below 3 BTC due to the usual temporary dumps but this is just the start of a probable Long bullrun that may last a few years. I may be wrong of course. Also this morning I bought 0.01 btc

You are on the right course and the change is expected to happen, has the price increases, there will be a little corrections before going back to that value and testing the next value, so don’t worry, your Bitcoin will get back to the 3.10 and far beyond that, just keep holding.

You have quite good amount of holding on BTC to give you a very good profit every time we witness such activities like this from Bitcoin, in which we still have many of these to come within this year and by the end of the year, the major uptrend change is expected to occur, let me predict your own coin, I see it increasing to 6BTC by the end of this year, what will be my commission of this mate?

[perla]

Everywhere saving is the one that makes the change everywhere. When it is done through cryptocurrency we can get promised return on the savings done regularly. Also, the savings plan is really impressive to buy and hold until the price of bitcoin not exceed $10000. To save is really a hard task, but one who achieve it long term succeeds.

Saving is a mind killer, its what I think now after so many years of trying to save something. You earn something and you try to spend just a little and to always put something on a side, but that is bad idea, now I think that saving is not good at all. What we should do is to improve all the time, as we are improving to find new ways of earning more. So don`t save, try to earn and to spend and invest in something.

Maybe it will be more good if people saving and split it again for investing. I mean like we split into 5 place and one of it is investing and saving, so we can manage our assets well and have something to enjoy too.

[wxa7115]

Woke up this morning and my total portfolio in Btc had gone up to 3.10 btc including btc and altcoins. Now it's below 3 BTC due to the usual temporary dumps but this is just the start of a probable Long bullrun that may last a few years. I may be wrong of course. Also this morning I bought 0.01 btc

It is nice to hear that a member that is relatively new is doing well, just remember that the price could go down very abruptly so keep your eyes open and watch the market and what it does because you never know what will happen, this is especially important if you are holding altcoins with very low market caps that could collapse in just a matter of hours so if you see that begins to happen you can sell your coins immediately and retain most of your profits.

Is not easy but no one said that being a trader or an investor was going to be easy but the profits are totally worth it especially in times like this when you can earn a lot of money in just a few hours or days.

[luca1073]

Woke up this morning and my total portfolio in Btc had gone up to 3.10 btc including btc and altcoins. Now it's below 3 BTC due to the usual temporary dumps but this is just the start of a probable Long bullrun that may last a few years. I may be wrong of course. Also this morning I bought 0.01 btc

It is nice to hear that a member that is relatively new is doing well, just remember that the price could go down very abruptly so keep your eyes open and watch the market and what it does because you never know what will happen, this is especially important if you are holding altcoins with very low market caps that could collapse in just a matter of hours so if you see that begins to happen you can sell your coins immediately and retain most of your profits.

Is not easy but no one said that being a trader or an investor was going to be easy but the profits are totally worth it especially in times like this when you can earn a lot of money in just a few hours or days.

Thanks, yes I will definitely keep it in mind. The other day an altcoin pumped big  in Satoshi value and I took 10% of the quantity of that altcoin and exchanged it into btc

[luca1073]

I have decided to buy another 0.01 btc today even if the accumulation period has opened its gates to a bull market. I have said I would buy at least until 10 k and I wanted to keep my promise lol. Maybe I will stop for now and let the big institutions come in next move for me will be to change fractions of some altcoins I have for btc if the an altcoin bull market starts soon. The 0.01 I bought today I did it almost a symbol of my plan. We are still below 10 k after all

[Distinctin]

I have decided to buy another 0.01 btc today even if the accumulation period has opened its gates to a bull market. I have said I would buy at least until 10 k and I wanted to keep my promise lol. Maybe I will stop for now and let the big institutions come in next move for me will be to change fractions of some altcoins I have for btc if the an altcoin bull market starts soon. The 0.01 I bought today I did it almost a symbol of my plan. We are still below 10 k after all

That amount you are buying is low, better invest that in altcoins as they could possibly bring good results on your investment.
You can see the top gainers in the market https://coinmarketcap.com/gainers-losers/ does not include bitcoin, and that is only a 7 days run.

[luca1073]

I have decided to buy another 0.01 btc today even if the accumulation period has opened its gates to a bull market. I have said I would buy at least until 10 k and I wanted to keep my promise lol. Maybe I will stop for now and let the big institutions come in next move for me will be to change fractions of some altcoins I have for btc if the an altcoin bull market starts soon. The 0.01 I bought today I did it almost a symbol of my plan. We are still below 10 k after all

That amount you are buying is low, better invest that in altcoins as they could possibly bring good results on your investment.
You can see the top gainers in the market https://coinmarketcap.com/gainers-losers/ does not include bitcoin, and that is only a 7 days run.

thanks for your insight. I'm the OP, I have bought 0.01(or more) day in and day out for weeks or months when the price was lower. I have accumulated  2.04 BTC in BTC and 0.73 BTC in altcoins. at some point i got to 3.36 BTC and exchanged a few more altcoins into btc to get to at least 2 BTC , then altcoins fell and now i have less than 3 BTC but that fluctuates as you know

[fabiorem]

Dollar cost-average is the best plan. In the past I despised it, but during the bear market, I was underwater. Then I decided to apply this strategy, and started buying periodically, because I knew it wouldnt be there forever. Before we reached 6k I was already out of the water, having covered the losses from what I bought in 2018 (before the plunge to 3k). If you buy cost-average, and hold, it will be better than lose your nerves with endless TA. Its too hard to time the bottom or the top, and not worth the headache.

[luca1073]

It seems like Bitcoin will approach soon the 10 k level. I have been buying small amounts all these months and as I said I will keep on holding my coins for the long term. I may exchange  1/3 of my stash in 2021/2022 if it's worth it and let at least  1 BTC or more float on the way up for the next bull run in 2024/2025 if there will be one . If mass adoption will come it won't be probably necessary to exchange anything into fiat anyway. Is there anybody acting on a similar plan like me? I have managed to accumulate around 3 BTC so far of which 2.15 are pure BTC and the other 0.82 btc or so is in altcoins. My idea after 10 k btc is to pause buying Bitcoin and get from every altcoin more btc maybe by exchanging them when they are high in Btc value. We will see

[btc_angela]

It seems like Bitcoin will approach soon the 10 k level. I have been buying small amounts all these months and as I said I will keep on holding my coins for the long term. I may exchange  1/3 of my stash in 2021/2022 if it's worth it and let at least  1 BTC or more float on the way up for the next bull run in 2024/2025 if there will be one . If mass adoption will come it won't be probably necessary to exchange anything into fiat anyway. Is there anybody acting on a similar plan like me? I have managed to accumulate around 3 BTC so far of which 2.15 are pure BTC and the other 0.82 btc or so is in altcoins. My idea after 10 k btc is to pause buying Bitcoin and get from every altcoin more btc maybe by exchanging them when they are high in Btc value. We will see

Let's look at $9K level first, although we are fast approaching it, we don't know what's on the speculators mind, maybe they will dump again when the price reaches $9k. Anyways, it looks like you have a solid plan already. So you just have to follow it to the tee and execute it. Of course everyone here has a plan, to at least accumulate 1 BTC in their lifetime. 

[FanEagle]

My new saving plan involves not just spending less but earning more. We all have jobs that we go to and work and make money which helps us survive and usually covers either barely the living expenses or sometimes it doesn't even cover that but I am lucky that my income covers just about the amount of money I live, sometimes not even that but mostly it covers it.

Now, I am looking into some other stuff like airdrops and bounties and all other methods where you work to earn income from crypto and I will make those income into my savings plan and will not spend them, that way I can just put that extra money aside without withdrawing it at all and instead of spending less (which I can't really do) I would be earning more to put aside some money for the future, usually for emergency stuff.

[Oilacris]

It seems like Bitcoin will approach soon the 10 k level. I have been buying small amounts all these months and as I said I will keep on holding my coins for the long term. I may exchange  1/3 of my stash in 2021/2022 if it's worth it and let at least  1 BTC or more float on the way up for the next bull run in 2024/2025 if there will be one . If mass adoption will come it won't be probably necessary to exchange anything into fiat anyway. Is there anybody acting on a similar plan like me? I have managed to accumulate around 3 BTC so far of which 2.15 are pure BTC and the other 0.82 btc or so is in altcoins. My idea after 10 k btc is to pause buying Bitcoin and get from every altcoin more btc maybe by exchanging them when they are high in Btc value. We will see

Let's look at $9K level first, although we are fast approaching it, we don't know what's on the speculators mind, maybe they will dump again when the price reaches $9k. Anyways, it looks like you have a solid plan already. So you just have to follow it to the tee and execute it. Of course everyone here has a plan, to at least accumulate 1 BTC in their lifetime. 

Accumulating on having 1BTC isn't really that hard but well we do know that not all are capable on doing such thing

due to different financial status and on where we do live.We should really always have that plan B incase our main plan had failed.
Rinse and repeat until you do see that you are already progressing.