Post
Topic
Board Economics
Re: When do you buy Bitcoin ?
by
Hapucerty
on 28/07/2016, 10:12:51 UTC
I have not bought anything yet with bitocin as we use it primarily for investment and savings but I have discussed with my wife at the end of the year we may treat each other to a small gift. I want a tablet and she wants some gold earrings. So we might exchange gifts with bitcoin over the Xmas period. Just an idea f course we see how it goes until then.

Even if you do not spend the bitcoin, and just hold it, you holding will reduce the number in circulation and will increase the price.

I prefer hold the most of the coin and wait for the price rise. But I also spend some to help the adoption.

I think it is good time to buy when the price drops below $600 in the next few days. Money is flowing into Ethereum.

The bitcoin price is not very volatile at the moment. it is difficult for the price drop below $600. you have to be very patient.