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Question: Which is the best way to invest in bitcoin
buy bitcoins monthly, buy goods - 4 (11.4%)
buying bulk bitcoin when its cheeps and holding for a very long time - 9 (25.7%)
acumulate, day trade, buy goods - 9 (25.7%)
accumulate, and invest in new and unique bitcoin businesses - 5 (14.3%)
All of the above + 500BTC Minning Invest / and move to a app. where bill is included - 8 (22.9%)
Total Voters: 35

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Author Topic: [Daily Speculation Poll] :: bitcoin stratgy  (Read 892 times)
adamstgBit
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July 07, 2012, 08:04:47 PM
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cypherdoc
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July 07, 2012, 08:08:52 PM
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you left one out:  BUY, BUY, BUY!
Spekulatius
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July 08, 2012, 12:06:56 AM
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None of those dude. How about: active trading more then once a week?
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July 08, 2012, 12:38:42 AM
 #4

None of the above. Systematic buying of a fixed amount government fiat worth of Bitcoin on a weekly or bi-weekly basis's regardless of the Bitcoin price. A monthly frequency for a cost averaging strategy is too long because of the historical volatility of Bitcoin.

Here is my favorite: In honour of Apple banning Bitcoin wallet applications from their app store:
1) Price an iPad
2) Buy half the value of said iPad worth of Bitcoin every two weeks.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
ElectricMucus
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July 08, 2012, 05:02:33 PM
 #5

you left one out:  BUY, BUY, BUY!
lawl

You earned my respect back with that my friend, off my ignore list  Smiley

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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July 08, 2012, 08:24:51 PM
 #6

I guess it depends on the person...?

Bitcoin killer app development would probably be the "best", but how to do that? Tongue
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