Ninjastic
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Re: Is bitcoin halving is real?
by
richardsNY
on 03/06/2016, 01:03:56 UTC
Quote from: dsyahputera on June 03, 2016, 12:34:07 AM
Quote from: richardsNY on June 02, 2016, 10:15:27 PM
Quote from: dothebeats on June 02, 2016, 08:32:30 PM
Quote from: streazight on June 02, 2016, 03:53:16 PM
You should buy now. because is already increased to 500$ and it will grow more .So this is the right time to buy btc if you want to get profit and  halving is 100% real. if u have many BTCs,  then there are more chances for you to get benefit from halving

Not a good advice. Never buy when the price is rising because the risks of getting your money lost is higher compared to when buying on a stagnant price.

Exactly! People should buy when the price is getting dumped to the ground and not when the price is going up. Fact is that a lot people are afraid of buying when the price is going down heavily. They see a rising price as some sort of confirmation that the market is in a healthy phase, and thus will keep rising (according to them).
The problem is, people (including me) do not know when the price of Bitcoin fell to 'ground' which further climbing up the price.

If you keep an eye on the market and the order books for quite some time, then you'll get to see patterns and based on that you can choose whether or not to buy. I bought all my coins at sub $400 prices and some even at sub $300 prices. Look now. I did a fantasic job as I bought at heavy dumps.