If it goes to $275, are you going to keep faith or just give up save the little.

[thms]

...save the little left that you invested?

Or are you going to buy more?

[DannyHamilton]

...save the little left that you invested?

Or are you going to buy more?

The more it goes down, the more I buy.

If it goes to $100, I'll buy even more.

If it goes to $10, I'll buy even more.

If it goes to $1, I'll buy even more.

I suppose I could watch all my value evaporate and the whole experiment could fail and disappear, but I'll ride it all the way down to the end.

If it ever gets to the point where I can buy 1,000 BTC per $1, I'll just buy up all the available bitcoins and own it all!

[smoothie]

This would have been better as a poll post.

[TrailingComet]

definitely adding below $300

[kokojie]

...save the little left that you invested?

Or are you going to buy more?

The more it goes down, the more I buy.

If it goes to $100, I'll buy even more.

If it goes to $10, I'll buy even more.

If it goes to $1, I'll buy even more.

I suppose I could watch all my value evaporate and the whole experiment could fail and disappear, but I'll ride it all the way down to the end.

If it ever gets to the point where I can buy 1,000 BTC per $1, I'll just buy up all the available bitcoins and own it all!

That sounded kinda crazy, if you buy it all, then it would have no value, since no one else would be using it.

[wickedgoodtrader]

BTC has to fall a lot further for it to stop falling if that makes any sense. I've been saying this for a long time now. the numbers are pretty easy to calculate.

3600/coins a day mined at current prices = $1.1 mil. which equates to $33/mil/month. That much money needs to flow into BTC JUST TO BREAK EVEN. Miners and electricity are fawking expensive and they dump the coins to pay the bills.

The reward half will help but that's in 80 weeks! And even then 1600 coins will still be coming out for 4 years. So at current prices that would mean Still another $15/mil a month. This is to just cover the new coins. If anybody spends other coins then more money needs to come in to cover those.

It's really not that hard to see why BTC will be on a downtrend for a long time.

[Beliathon]

...save the little left that you invested?

Or are you going to buy more?

The more it goes down, the more I buy.

If it goes to $100, I'll buy even more.

If it goes to $10, I'll buy even more.

If it goes to $1, I'll buy even more.

I suppose I could watch all my value evaporate and the whole experiment could fail and disappear, but I'll ride it all the way down to the end.

If it ever gets to the point where I can buy 1,000 BTC per $1, I'll just buy up all the available bitcoins and own it all!

That sounded kinda crazy, if you buy it all, then it would have no value, since no one else would be using it.

Impossible to buy it all. Most (nearly all) of the btc I control is not available for trade in fiat, and won't be until 2021+, if ever.

[knight22]

As long as the protocol is up and running I'm too buying more when the price drops.

You buy when it drops, not the other way. You need to repress your fear/greed feelings and act with logic. Buy low / sell high.

[Beliathon]

You need to repress your fear/greed feelings and act with logic. Buy low / sell high.

Any and all valuations of btc in trade for fiat scrip are hideously low by definition.

The people of the future will look back on the selling of btc for fiat currency the way we might would look upon trading a $100 bill for a couple of rare seashells.

Note: Seashells were once used as currency.

[caga]

BTC has to fall a lot further for it to stop falling if that makes any sense. I've been saying this for a long time now. the numbers are pretty easy to calculate.

3600/coins a day mined at current prices = $1.1 mil. which equates to $33/mil/month. That much money needs to flow into BTC JUST TO BREAK EVEN. Miners and electricity are fawking expensive and they dump the coins to pay the bills.

The reward half will help but that's in 80 weeks! And even then 1600 coins will still be coming out for 4 years. So at current prices that would mean Still another $15/mil a month. This is to just cover the new coins. If anybody spends other coins then more money needs to come in to cover those.

It's really not that hard to see why BTC will be on a downtrend for a long time.

ACtually I heard that all the way from 600 to 300. Its almost impossible to know where it could fall to.
But anything below 300 is kind of a +EV move to invest.

[romerun]

not a lot on downside, sky is the limit on the upside

[calci]

...save the little left that you invested?

Or are you going to buy more?

I dont own a heck lot of bitcoin, so I am going to keep my faith.
I also think, threads like these demotivate people to buy into bitcoin at the 300 level.

[Fernandez]

I am waiting to buy more. I have been buying whenever it goes close to $300, but this time it looks like it will go lower.
$250 would be a good Christmas present

[Braedo]

Continue to buy! I only put in what I can afford to lose anyway.

[crazy-pilot]

Keep buying, i'm already steadily buying in small amounts.

[jonald_fyookball]

Impossible to buy it all. Most (nearly all) of the btc I control is not available for trade in fiat, and won't be until 2021+, if ever.
 

I recommend holding past 2024, we'll have 3 more block subsidy halvings by then

[bitcoinbelieve]

No one knows what is going to happen to bitcoin price and that's the nature of crypto world. If you look back, this is the normal behavior and this shouldn't be shocking.

[fryarminer]

You need to repress your fear/greed feelings and act with logic. Buy low / sell high.

Any and all valuations of btc in trade for fiat scrip are hideously low by definition.

The people of the future will look back on the selling of btc for fiat currency the way we might would look upon trading a $100 bill for a couple of rare seashells.

Note: Seashells were once used as currency.

Dude. Your post gave impact. I read the second sentence twice because I didn't understand it, then I read the third sentence and it clicked.

[fryarminer]

I may be an idiot, but I'm all in. All my savings and half of my credit debt is all in bitcoin. If this ship sinks I'm as good as dead, but I know this ship ain't sinking.

[UnlikelyStory]

Keep buying.