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Author Topic: How often do you buy bitcoins at this time?  (Read 3229 times)

Offline doc

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Re: How often do you buy bitcoins at this time?
« Reply #60 on: January 27, 2024, 11:43:46 AM »

Not bad ideas with your income from signature campaign hold it for long term and likely the same way with your accumulate bitcoin in weekly, but seems small fund based on your current active signature campaign and you have looking for other side income and use to purchase bitcoin in weekly or you can buy bitcoin in monthly. Its not problem with how long have to hold bitcoin assets depend with your typical diamond hand or not, for me if not any urgency needed will hold and keep save my bitcoin for long term investment assets.

Yeah, I think it's a good idea.
But bitcoin from signature campaign rewards.
It seems like DCA, to buy bitcoin every week.
If we join signature bounty which weekly payment,  we can gain rewards paid BTC.
I see many members participate in  this campaign.
TBH, I'm buy bitcoin used DCA, So said I often buy bitcoin.

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Re: How often do you buy bitcoins at this time?
« Reply #60 on: January 27, 2024, 11:43:46 AM »

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Re: How often do you buy bitcoins at this time?
« Reply #61 on: January 27, 2024, 02:56:09 PM »
I didn't buy Bitcoin for quit a long time. but I've been trying my best to earn as much as possible from anywhere I can. i think this is the best thing for now. instead of buying bitcoin using your hard earned money it is better to earn Bitcoin and other altcoins.
Since there is so much earning opportunities in crypto world. i don't think if you are a smart person you would need to invest from your own pocket.
yes converting stablecoins into bitcoin is a good way too.
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Offline legend45

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Re: How often do you buy bitcoins at this time?
« Reply #62 on: January 27, 2024, 05:36:14 PM »

I didn't buy Bitcoin for quit a long time. but I've been trying my best to earn as much as possible from anywhere I can. i think this is the best thing for now. instead of buying bitcoin using your hard earned money it is better to earn Bitcoin and other altcoins.
Since there is so much earning opportunities in crypto world. i don't think if you are a smart person you would need to invest from your own pocket.
yes converting stablecoins into bitcoin is a good way too.

Honestly, I don't use my salary to buy bitcoin. 
The crypto proceeds go back to crypto. 
I participated in the bounty from 2015 and I got a lot of coin and token rewards from there, this is what I use to invest in crypto.  Even now, I am an active participant in the bounty signature campaign.
I have gained rewards in bitcoin, I have a plan will hold my BTC until next year..

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Re: How often do you buy bitcoins at this time?
« Reply #63 on: January 27, 2024, 06:22:23 PM »
How often do you buy and how long do you plan to hold bitcoins?
I am always inclined to hold until I exceed my target.  For this it may be held for a few years or may be fulfilled in a few months.  So I would like to say that there is no fixed time allotted for my holding.

Quote
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
Yes DCA always is a good strategy to decrease risk. it can minimize your risk and can bring a good experience in bitcoin for us. so i am always use DCA Method to invest in crypto.

Quote
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
My target is to buy till $50k
and sell after $100k
i believe my target will fulfill in next coming year

Offline pacar_tiri

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Re: How often do you buy bitcoins at this time?
« Reply #64 on: January 27, 2024, 07:01:46 PM »
My target is to buy till $50k
and sell after $100k
i believe my target will fulfill in next coming year
There seems to be something wrong with what you mentioned. Currently, the price of Bitcoin is at $40k; if you buy at $50k, it seems like it's taking too long to wait. Meanwhile, when you have a target to sell Bitcoin at $100k, there is a chance for it to happen, but it doesn't. Does anyone know when that could happen? The most important thing is to collect as many Bitcoins as you can because the total supply of Bitcoins is increasingly limited and it is increasingly difficult to get them.

Offline ZAINmalik75

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Re: How often do you buy bitcoins at this time?
« Reply #65 on: January 27, 2024, 08:34:42 PM »
How often do you buy and how long do you plan to hold bitcoins?
My plans for BTC at the current moment are the same as of the most people, which is to buy them and hold them long enough that I would make 3x to 5x from it. I know making 5x from it is a little bit hard by keeping the current situation in mind but still hoping is good for us. I don't really know what will happen to the BTC price after halving.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
I don't have enough money that I can buy in Lump Sum, so I left no other choice but to do DCA, and DCA is not a bad method to accumulate BTC. Instead I found it the most beneficial method if you are planning to accumulate BTC for a longer period of time.
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
I will invest in BTC until I can and manage my funds, but I might not invest in it till bull run.
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Offline Mr. Magkaisa

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Re: How often do you buy bitcoins at this time?
« Reply #66 on: January 28, 2024, 07:06:39 AM »
How often do you buy and how long do you plan to hold bitcoins?

Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?

How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???

          -   Of course, DCA is important, and many people have used that method in the past few years in this industry field. Even if I use it, the others don't know that they are already doing DCA, but they can accumulate Bitcoin or cryptocurrency.

But in my personal doing here in the crypto business, I am not able to save Bitcoin; instead, another cryptocurrency is prioritized if saved and held until the bull run because I believe that I will get better earnings in the future through altcoins.

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Re: How often do you buy bitcoins at this time?
« Reply #66 on: January 28, 2024, 07:06:39 AM »


Offline bitterguy28

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Re: How often do you buy bitcoins at this time?
« Reply #67 on: January 28, 2024, 11:49:35 AM »
Currently, the value of Bitcoin has increased significantly. In that case if I buy bitcoin now I will hold it for long term investment. I will wait until the bull market comes. The value of Bitcoin will increase even more in the future, which makes it wise to hold Bitcoin. So I also want to hold Bitcoin.
Just few days after your post Bitcoin fall down to 38 k again so better that this is the timing you are waiting to invest more mate?


Long term? then you don't have to worry because for sure bitcoin will bring you to top in every 4 years .

but this will happen if you are completely willing to wait for such time and will not fall in wrong decision such shitcoins.

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Re: How often do you buy bitcoins at this time?
« Reply #68 on: January 28, 2024, 01:18:20 PM »
How often do you buy and how long do you plan to hold bitcoins?

Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?

How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???

I'm buying bitcoin use DCA, and I set to buy BTC weekly.
Not much but continously.
Before halving will accumulate Bitcoin in my wallet, and after halving I will add potential altcoins.
it's my plan because I want to face altcoin season after bitcoin halving.
I have bought ethereum, BNB, Ripple , Solana, Polkadot.
And maybe will buy more those coins.
Polygon  matic and LINK , I want to buy both when bitcoin correction happen.


Long term? then you don't have to worry because for sure bitcoin will bring you to top in every 4 years .

but this will happen if you are completely willing to wait for such time and will not fall in wrong decision such shitcoins.

that's true, bitcoin will bring to top every 4 years.
So, dont be panic when drop.
But For now, I think we didnt need along time to hold.
We can hold until next year, we will see bullish season.


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Re: How often do you buy bitcoins at this time?
« Reply #69 on: January 28, 2024, 02:02:59 PM »
Just few days after your post Bitcoin fall down to 38 k again so better that this is the timing you are waiting to invest more mate?
DCA is very effective in these scenarios we won't miss every opportunity especially during the dip.

Long term? then you don't have to worry because for sure bitcoin will bring you to top in every 4 years .

but this will happen if you are completely willing to wait for such time and will not fall in wrong decision such shitcoins.
Yeah I agree. Patience will be our best partner in this long term investment we have. Actually we cannot hodl Bitcoins for long if we don't have stable source of income because we might end up selling all of it for for some reason.

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Re: How often do you buy bitcoins at this time?
« Reply #70 on: January 28, 2024, 02:56:09 PM »
I don't have a pattern for buying Bitcoin, I only buy it when I do have extra money to spend on it, and if I don't have any extra, I don't push myself to purchase it. It really depends on my salary and extra income, but I don't have a plan for selling it unless it is needed for an emergency and I don't have money. Right now I will hold it as long as it reaches my target price, but I won't sell it all. I will still hold some of it for the future.

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Re: How often do you buy bitcoins at this time?
« Reply #71 on: January 28, 2024, 04:51:33 PM »
I don't have a pattern for buying Bitcoin, I only buy it when I do have extra money to spend on it, and if I don't have any extra, I don't push myself to purchase it. It really depends on my salary and extra income, but I don't have a plan for selling it unless it is needed for an emergency and I don't have money. Right now I will hold it as long as it reaches my target price, but I won't sell it all. I will still hold some of it for the future.
It's a good thing to buy if you have extra money which is the same as DCA. Buying or using DCA to accumulate more Bitcoin is a good investment strategy until the bull run comes. Many people, including myself, use this strategy, but the difference is that I make it a priority to invest in Bitcoin, rather than only doing so if I have extra money. I ignore adding money to my investment in the meantime and focus solely on investing. This way, I can increase the quantity of my investment while we are still in the accumulation stage.
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Re: How often do you buy bitcoins at this time?
« Reply #72 on: January 28, 2024, 05:01:13 PM »
It's a good thing to buy if you have extra money which is the same as DCA. Buying or using DCA to accumulate more Bitcoin is a good investment strategy until the bull run comes.
DCA, Dollar Cost Averaging, is applicable for bear market and bull market. If you only think DCA is good for bear market, it is wrong because in a bull market, you can do DCA and get profit. The key with DCA is you have to schedule your income, expense and available capital for investment through DCA as well as time length of your investment. You must hold your coins long enough to see DCA helps your investment portfolio grows in value and profit.

https://hodl.camp/

Applying DCA with time length of your investment like 5 years is good to get profit and exclude risk of loss.

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Re: How often do you buy bitcoins at this time?
« Reply #73 on: January 28, 2024, 06:40:38 PM »
My target is to buy till $50k
and sell after $100k
i believe my target will fulfill in next coming year
Exactly your planing is good. I am also buying Bitcoin and i also buy Bitcoin till April thats means till Bitcoin halving. After halving i will stop buying Bitcoin. And then i will hold it for next bull session i think within 2025 we will saw real bull session. And i then i will sell my Bitcoin which i am Holding.
I Think within 2025 Bitcoin price Will hit minimum $100k. And i want to hold till that. Because i am buying Bitcoin from $21k. If i sell it price at $100k i will get minimum 3x profit average.

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Re: How often do you buy bitcoins at this time?
« Reply #74 on: January 29, 2024, 12:58:21 PM »
I didn't buy Bitcoin for quit a long time. but I've been trying my best to earn as much as possible from anywhere I can. i think this is the best thing for now. instead of buying bitcoin using your hard earned money it is better to earn Bitcoin and other altcoins. Since there is so much earning opportunities in crypto world. i don't think if you are a smart person you would need to invest from your own pocket. yes converting stablecoins into bitcoin is a good way too.
If it's like a supplemental income, fine. But if it's the main one and the income is small. What is there to live for? I agree that there are a lot of opportunities. But without investing personal funds, it's going to be difficult. Or if I invest my personal funds, am I not a smart person? What about asset diversification?

P.S. In my understanding, you need a financial cushion for life to start with. For the first year at least, but more is better. And after that, you can try investing in bitcoins and the rest of the cryptocurrency. This is something that everyone must decide - for their own favorable future.  8)
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