Post
Topic
Board Economics
Re: When do you buy Bitcoin ?
by
romero121
on 27/05/2016, 18:30:21 UTC
Im buying bitcoins when the price goes down and hold it for a couple of months before selling it, cause when bitcoin goes down it will take weeks or months for it to go back  and go up..

This is also what I'm doing for trading, buying of bitcoins when the price is low and going to sell it when the price fluctuates to a higher price,
since I'm expecting for the price increase of bitcoin. I will just hold it today, and going to buy again when I got a profit to it.

now prices have gone up quite high, it certainly would be a decrease before approaching halving. so I will buy when it goes down, even though I had already bought when the price of $440-450.

I don't think it will decrease but instead it will going to stay strong on going its way to higher price as the time of halving comes.
So buy bitcoins today as many as you can.
Because when halving happens surely the time of harvesting your profit will come.

It is not too late to buy the bitcoin. But we should have bought them about a week ago, it was 10% cheaper.

Yeah, I too think that the buying time is over. Now the price has increased quite high and this could help users get good profit if bitcoin has been bought over the past week.