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Author Topic: What are you ready to buy/sell for bitcoins now?  (Read 514 times)
Husires
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June 14, 2022, 06:24:12 PM
 #21

Most digital bitcoin purchases came from:

  • Direct Payment: Most online sites do not accept Bitcoin payments, but some sites do.
  • Gift Cards: Payment is made with Bitcoin and a gift card is shipped with it in most electronic markets.
  • Visa and MasterCard cards: After identity verification, you will be given a card to use in most stores.
  • Third Party Payment: With Escrow, you can pay a third party to make the payment for you.
  • Transferring bitcoins to cash: A last resort may be to convert them into cash or a digital balance that you can spend.

Why don't people use Bitcoin for their daily lives? Simply because it is a long-term investment.

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June 14, 2022, 07:48:06 PM
 #22

The Cryptocurrency market is experience bear market, over the weekend bitcoin price has dropped from $30,000 to $22,000 base on today current market price, and is a good time to buy more bitcoin, for a future profits returns. 
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June 14, 2022, 08:49:39 PM
 #23

I think its best time to take entry in bitcoin or wait some days before market will be bull or bear its totally depand on some newa after 2 days and in my opinion bitcoin will not break its support and market will be near very soon or will take some time like 1or 2 months and I'm shore if  someone take entry at this time that person will be very happy after some times.
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June 14, 2022, 11:10:39 PM
 #24

Bitcoin is currently in a very volatile phase showing a drastic drop in its price. I will not throw away my bitcoins right now but will buy some at the current price or lower. I've bought some bitcoins at the current price and I'm still waiting for another low price to achieve my target price. But people who are not prepared for this situation must have sold their bitcoins at a loss but if they can buy bitcoins at a low price, then it is hard to recover their losses.

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June 15, 2022, 10:30:52 AM
 #25

Bitcoin could fall even lower. If bitcoin claims to be a currency, then there must be a demand for it in times of decline and rise. Buying a house or a car with bitcoins is an asset exchange. The exchange of assets can take place at the contractual rate of bitcoin, and not at the instant. The situation is different with inexpensive goods in online commerce.
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June 15, 2022, 11:14:25 AM
 #26

I never sell bitcoin when it's 50% or more down from its ATH. Usually when it's in a correction between 50 and 100% of ATH I prefer to wait and see it unfold. If it bounces back and continues to go up like in 2021 I go back to slowly exchanging it for goods, but when it goes below 50% of ATH, like when it dipped to 6k in 2018 or to 30k this year, I stop waiting and begin to accumulate. I've been doing it for the last 8 years and I see no reason to stop now.

I don't have much to sell because I usually don't hold things that I don't use. If there's something laying around at home I sell it online or throw it away. I have a car that I bought last year for my bitcoin profits and it would be a great bargain to sell it for BTC because its price went up due to inflation and I'd get much more bitcoins for it that I had to sell to get it, but I'm using it daily. Same with my house, my computer, things like that.

This is something you guys can learn from me. Always make sure you have much more cash saved up than you think you'll need. I sold some bitcoins at 50-65k range and I thought this is going to be enough to rebuy when the bear market comes and cover all my expenses, but the inflation and gas prices make me think that I might not have enough.

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June 15, 2022, 02:49:36 PM
 #27

when the market is experiencing a decline like this I think my btc is better I save without buying goods/services with btc only save for now
and even to buy, I still think how many times because hard times are very real inflation has an impact on my finances, so I save my fiat , for my life today tomorrow and so on until this inflation ends

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June 16, 2022, 04:05:25 AM
 #28

For now, i use bitcoin to purchase some digital stuff online. Maybe because i live in a country where cryptocurrencies are not yet legalized.
However, i may not use it to buy expensive things unless i cash it out for a certain period of time before decide to buy.
some countries don't exchange bitcoin with anything, unless you changed bitcoin and after changing it to fuat currency and you can use it to buy what you wanted to buy without delay, before you see a country who you went directly to supermarket to purchase or buy your needs and you are allowed to pay bills with cryptocurrency, i don't think it's many as expected for the world, many countries people who are using bitcoin is not coming out officially
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June 20, 2022, 07:39:27 PM
 #29

I would sell almost everything that I could just to accumulate more this time.
I believe that it would bounce back before halving so I like to get more this time before it starts to move up again.
indeed this is the right time to keep trying to collect as much as we can because this is an opportunity that may be hard to come by again. Usually what happens is that after the halving there will be an increase again, if you say that before the halving, of course it can be better because the time will be long enough for the best price to be.

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June 20, 2022, 08:21:05 PM
 #30

A good currency/asset, even in times of instability, retains its purchasing power. Now is the time for a challenge on how to negotiate a price for a product / service in bitcoins if the value of bitcoin, converted into fiat, falls. What is the best way to negotiate the sale/purchase of goods/services in bitcoins now?
your statement is not quite understood. If you are emphasising directly to bitcoin price just focus on the price and if you want to analyze the price through selling of cryptocurrency and services. And also the methods of it depreciates in the market then you make it known to us.

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June 20, 2022, 08:32:52 PM
 #31

indeed this is the right time to keep trying to collect as much as we can because this is an opportunity that may be hard to come by again. Usually what happens is that after the halving there will be an increase again, if you say that before the halving, of course it can be better because the time will be long enough for the best price to be.
That's the 4 year cycle and we all know about it. When this bear market has came then it's where the capitulation is about to get started. While the others have been crying that the market is about to die. Here we are, planning how much we're going to spend just to collect more.
And that's the right thing to do but, I don't think that selling your other assets for it is a good idea. As long as you've decided to do it, that's your conscience but the better idea is when you've got so much spare and that will be the ones to be used for buying.

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June 20, 2022, 09:06:45 PM
 #32

Right now the cryptomarket is in its decline market. So anything done in exchange for bitcoin will get you increased value in bitcoin. In my country the cryptocurrency acceptance is quite low and the taxation over the same is high. This makes people to handle cryptocurrency usage in a secret manner. For now I don't have the access to buy/sell anything for bitcoin. Hope this will change in the coming years.
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June 20, 2022, 09:34:06 PM
 #33

Right now the cryptomarket is in its decline market. So anything done in exchange for bitcoin will get you increased value in bitcoin. In my country the cryptocurrency acceptance is quite low and the taxation over the same is high. This makes people to handle cryptocurrency usage in a secret manner. For now I don't have the access to buy/sell anything for bitcoin. Hope this will change in the coming years.

I wonder how your government officials implement taxation laws towards crypto usage. So if you can transact with crypto without the knowledge of your government, why not?  Tongue Because if you are just dealing with small amounts, it is not worth submitting it for taxation purposes.

Right now, as much as possible, I want to accumulate btc, because it may be another trying period for the market. But I do believe that btc will bounce back in the very near future. There were so many ups and downs that we have survived already, and this is just another one of them.
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June 20, 2022, 10:01:58 PM
 #34

I would sell almost everything that I could just to accumulate more this time.
I believe that it would bounce back before halving so I like to get more this time before it starts to move up again.
indeed this is the right time to keep trying to collect as much as we can because this is an opportunity that may be hard to come by again. Usually what happens is that after the halving there will be an increase again, if you say that before the halving, of course it can be better because the time will be long enough for the best price to be.
"Invest only the amount that we can afford to lose" and we have to always remember this. Not in the thing that Bitcoin cheap, cryptos are in dip we have to buy them, we should stick to our limitations as the risk is too high in an uncontrollable investment like this. I couldn't assume but of course, recovery will come next to this bear season but the question is - can we wait for that moment to come after buying now? It is a need for us to question this in ourselves as to know that we can't assure when otherwise this will happen to us - buying low, selling low.

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June 21, 2022, 07:26:59 AM
 #35

I'm selling everything for Bitcoin.

Basically, there's no object in my life that wouldn't be traded for Bitcoin at the right price.  I'm ready to live that Jedi life over here.

Your donator status in the forum says it all. You are one of the early adopters and you are still keeping the support for bitcoin. Keep it up.

On my own, am doing the little I can do to save up the little I can in bitcoin. My problem is that I hardly can save enough.
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June 21, 2022, 10:18:56 AM
 #36

I don't think I will really have any problem purchasing anything with Bitcoin regardless of the worth of the Item, goos/service even though I have not really used Bitcoin to purchase too much stuff. This is because, I will still pay for whatever I need, and using Bitcoin wouldn't make any difference cos I might ever just sell that for fiat anyways but when the option for paying with Bitcoin is available, I still could do that and the amount isn't an issue regardless the amount of Bitcoin is Available.
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June 21, 2022, 09:25:51 PM
 #37

I'm selling everything for Bitcoin.

Basically, there's no object in my life that wouldn't be traded for Bitcoin at the right price.  I'm ready to live that Jedi life over here.
Your donator status in the forum says it all. You are one of the early adopters and you are still keeping the support for bitcoin. Keep it up.

On my own, am doing the little I can do to save up the little I can in bitcoin. My problem is that I hardly can save enough.
Yeah people who got in very early definitely did make a lot more in bitcoins and having a bigger trust in the system is easier when you made that much money. I will take it one step further, people like me who have been in crypto for as long as those people have been, but didn't made that much money, end up trusting it even more because we have seen what happens when we do not, if we did then we could have been pretty rich and we didn't and didn't become rich.

Now, I am on your level as well, even after being here more than most people, I still save little by little every month, and then hoping that it would give me a good return in the long run.

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June 22, 2022, 01:50:26 AM
 #38

I would never sell my other crypto assets just to buy bitcoin because I am already down because of the bear market and selling them would be suicide too. Its better to buy bitcoin from fresh money hence its the best buy too and with that we know that it can recover soon enough more than we expected gonna happen.

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June 22, 2022, 02:27:50 AM
 #39

Both, I am ready to Buy and I am ready to sell depend on market situation and condition , though i have plenty of funds for long term yet there are some amount that I am using for trading and short term so it depends on how i felt the market on the same occasion .

But nowadays? all I wanted is to Buy more because of the dumping era that will last for some time for sure because of so many crisis happening worldwide.

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June 22, 2022, 04:50:21 PM
 #40

Bitcoin may still be in a volatile market for a long time. How are you ready to dispose of your assets now? Would you like to buy and sell your assets/products/services for bitcoins? How are you ready to negotiate a price to make the deal go through?
Let's discuss assets, goods and services which price is more than $200 net. Inexpensive goods have already been discussed on this forum. For now, we will not take into account the fact that the use of crypto may be prohibited in one country or another. Let's find how we are ready to negotiate, and what tools we do need in order the buyer could find the seller.
I sold a lot of my cryptos for Bitcoin (not FTM and ICP though) and if I had a house, I would sell it too.
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