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Author Topic: Attitude toward daily Bitcoin price  (Read 2803 times)
indiangrad
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October 24, 2014, 11:03:05 AM
 #21

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time. Smiley
When the price is down I see it as an opportunity to invest at a more favorable price.

I guess it is like stock market for now. You say a lot of things with hindsight knowledge. Only once it becomes a bluechip firm in stock market language, can we expect that volatility will reduce. The next step would be becoming currency of the level of a dollar

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October 25, 2014, 10:58:14 AM
 #22

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time. Smiley
When the price is down I see it as an opportunity to invest at a more favorable price.

Yes people's attitude is so tricky.
In my eyes, price low == good news, more new comers will be in, price will be up soon.
price high == good news, my btc is worth more fiat. But hell I won't sell it  Grin
pattu1
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October 26, 2014, 05:05:57 AM
 #23

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time. Smiley
When the price is down I see it as an opportunity to invest at a more favorable price.

The problem is if the price crash to 100, the people screaming they will go all in will suddenly lose their balls to do so.

Forget going all in, if price crashes to $100, quite a few people might exit bitcoins.
Johanna
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October 26, 2014, 11:07:27 AM
 #24

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time. Smiley
When the price is down I see it as an opportunity to invest at a more favorable price.

The problem is if the price crash to 100, the people screaming they will go all in will suddenly lose their balls to do so.

Forget going all in, if price crashes to $100, quite a few people might exit bitcoins.

I will be going in if the price crash to $100

BootstrapCoinDev
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October 26, 2014, 12:17:40 PM
 #25

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time. Smiley
When the price is down I see it as an opportunity to invest at a more favorable price.

The problem is if the price crash to 100, the people screaming they will go all in will suddenly lose their balls to do so.

Forget going all in, if price crashes to $100, quite a few people might exit bitcoins.

I will be going in if the price crash to $100
Let me know in advance, when you planning to do that. Wink I need to liquidate some things, to buy up all those cheap coins. With the situation like it is now with BTC we can only see one thing happening, and that is a climb to $600+ by the end of this year.
Not a bad ROI if this happens.

aronnov
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October 27, 2014, 03:46:48 AM
 #26

clear bitcoin prices are now declining, investing in bitcoin at risk, whether there will be a loss or a profit, all investment was like that, now how do we choose whether the investment is really beneficial for us or not ...  Roll Eyes
BIT-Sharon
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October 27, 2014, 08:21:00 AM
 #27

Yes, it is somehow a speculation. Any speculation is based on the up and down of prices of a product. W
RonPaulBTC
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October 27, 2014, 11:42:15 AM
 #28

You have to remain calm, otherwise it's your problem. You already know you are getting into a very volatile asset.
Unbelive
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October 28, 2014, 12:10:26 PM
 #29

I don't get the following:

People are like: 'I wish I bought Bitcoin when price was lower,' and: 'If it crashes to $100 I will go all-in.'
Then price goes down, those same people cry...

How's your attitude toward the daily bitcoin price?

I have no emotional feelings associated with the price. Also, I buy more bitcoin every other month.
I'm invested because I appreciate bitcoin and I see my investment become valuable at some point in time. Smiley
When the price is down I see it as an opportunity to invest at a more favorable price.

The problem is if the price crash to 100, the people screaming they will go all in will suddenly lose their balls to do so.

Forget going all in, if price crashes to $100, quite a few people might exit bitcoins.

And much more would enter to it. Low price only helps. And helps a lot.

Morecoin Freeman
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October 30, 2014, 06:27:42 AM
 #30

April 2013: Bitcoin price went from $260 per coin to just $45 per coin.
November 2013: Price reached $1200 per coin...

It might feel counter intuitive to invest in today's descending bitcoin market but from a speculative viewpoint it is an opportunity actually. Average Joe will likely not see this.

Ask the stranger he knows who you really are.
abrahamlitcoin
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October 30, 2014, 03:10:04 PM
 #31

April 2013: Bitcoin price went from $260 per coin to just $45 per coin.
November 2013: Price reached $1200 per coin...

It might feel counter intuitive to invest in today's descending bitcoin market but from a speculative viewpoint it is an opportunity actually. Average Joe will likely not see this.

I just wish that rise would happen again anytime soon. Its Christmas time you know.

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