Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Fivestar4everMVP on March 04, 2024, 10:36:44 PM
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Someone said he has been buying bitcoin from around $19,000, and has being accumulating more and more even while bitcoin is getting more and more expensive, he said he has been buying and will keep buying and buying until the price of bitcoin reaches $1,000,000 (one million dollars), this is when he will stop buying, said at this point, he will sell a small amount of his bitcoin holdings and retire for ever 😂.
So, I got curious and wanted to know if there are some of us here who think along this same line, so I brought this topic up for us to discuss.
At what rate or price will you stop buying bitcoin forever?
Here is my own answer, I will stop buying bitcoin completely when the price reaches $200,000, when bitcoin reaches this price, I will completely no longer buy bitcoin, but will only focus on earning it, like through my signature ad slot, and other bitcoin paying services.
What about you?
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So, I got curious and wanted to know if there are some of us here who think along this same line, so I brought this topic up for us to discuss. At what rate or price will you stop buying bitcoin forever?
I already stopped Bitcoin years ago, actually. And it is because I do not have the money to do so. Now, what if I got the means to do the things that I desire? Then I would continue buying on Bitcoin until it will reach $100K, rest for a while and assess things whether there is a big possibility for BTC to go on for the $150K zone, assess again if things can still get better for the chance to beat the $200K. Some people are really looking forward for Bitcoin to one day be hovering at the $1 million mark the level which can strongly challenge the market cap of gold. Will that happen? For people who think that it will happen, there is no stopping them to continually buy BTC until it will officially bring home the bacon.
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I'm enough buying at 150k , I know that there will be more price coming but before that happened?I will make sure that I have enough or plenty of bitcoin in my pocket already.
because why we need to seek for buying in that high prices when we can buy now while the price is low and keep holding than buying when its 200k.
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I guess the safest answer to this question is, as long as I am capable of buying fractions without worrying or getting affected by the fact that bitcoin has bitcoin more and more expensive. Also, another thing to consider is if whether or not the adoption and interest from the people globally increases, that's one of the major indicator of how the price of bitcoin is supposed to be in the next coming years.
I also think, everyone should always be fine buying bitcoin at any price range, as long as the money they should spend in purchasing is something they can afford to lose or something that is outside of their life and emergency savings.
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Someone said he has been buying bitcoin from around $19,000, and has being accumulating more and more even while bitcoin is getting more and more expensive, he said he has been buying and will keep buying and buying until the price of bitcoin reaches $1,000,000 (one million dollars)
This is the right approach for long-term investors and so do many people, especially those who have a large capital, I read that there are investors who bought bitcoin at the beginning of 17 years at 1-2k and they are not going to sell it, probably this is an exception but it happens.
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I'm enough buying at 150k , I know that there will be more price coming but before that happened?I will make sure that I have enough or plenty of bitcoin in my pocket already.
because why we need to seek for buying in that high prices when we can buy now while the price is low and keep holding than buying when its 200k.
what do you mean, would you buy at $150K?
I don't have the courage to buy bitcoin at that price, I would buy bitcoin at a maximum of $69K or $70K, that was the previous ATH price and has now been exceeded. I think this is too high. I'm just a small investor, I don't dare to take high risks by buying bitcoin at a price higher than the previous ATH.
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I'm enough buying at 150k , I know that there will be more price coming but before that happened?I will make sure that I have enough or plenty of bitcoin in my pocket already.
because why we need to seek for buying in that high prices when we can buy now while the price is low and keep holding than buying when its 200k.
what do you mean, would you buy at $150K?
I don't have the courage to buy bitcoin at that price, I would buy bitcoin at a maximum of $69K or $70K, that was the previous ATH price and has now been exceeded. I think this is too high. I'm just a small investor, I don't dare to take high risks by buying bitcoin at a price higher than the previous ATH.
meaning the highest bitcoin price that I will consider buying is 150k and when the price exceed that then i may stop purchasing(cos like what I said will make sure that I have enough bitcoin to keep hold before that price attain) instead when that time comes I will focus in Altcoin purchasing .
yeah its hard buying at 70k but by chance of having extra funds in the future and bitcoin still lower than 150k then i will add more to my holdings.
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Actually when you are on DCA type of investment, you could buy even when the price is very up and high. This is because the method of buying is not that very demanding and financially stressing.
Personally, I said I'll stop buy when the price hits 50k, but it's more than 50k and yet I'm not giving up because I have seen that the future is brighter.
I don't think that it is wise to stop buying bitcoin at any price. What you do is simply pause till the next bear market and you start the buying cycle again.
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At what rate or price will you stop buying bitcoin forever?
What about you?
I have always encourage the continuous purchase of Bitcoin and others, but as for me, I think I would stop making purchase the very moment i become too busy with other financial related matters. As the world continue to evolve, new ways to make money is also implemented, which i feel will drag most people's attention in the future.
I literally don't care how much Bitcoin becomes, but I would keep my focus in making the necessary purchases for the now.
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I'm enough buying at 150k , I know that there will be more price coming but before that happened?I will make sure that I have enough or plenty of bitcoin in my pocket already.
because why we need to seek for buying in that high prices when we can buy now while the price is low and keep holding than buying when its 200k.
$150k price is still Very low to say you stop buying bitcoin and that could be a potential limit set up formypu as an investor reason being that, life is dinamnic and the investment environment will keep changing and for that we may have more purchasing power at that time compared to now, and at.rhen you should always have it at the back of your mind that bitcoin can never become too expensive or there be a time when you put a stop at you buying trend.
So for me there is nothing like when bitcoin becomes too much or at the level when I change my bitcoin, I am not waiting for an all time high price to sell my bitcoin neither I am I also willing to let of my purchasing ability as time goes on.
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What level of investment a Bitcoin investor wants to reach depends entirely on the mindset of the investor. There are some people who are satisfied with little while there are many who try their best to fullfill their big dreams. I didn't hold Bitcoin in 2017 which was a big mistake of my life but now I don't want to repeat that mistake. I need to continue collecting bitcoins in the long term to reach my expected level. But it will be difficult for me to collect bitcoin when the price of bitcoin is more than $200k dollars. In the long term I will definitely try to grow my Bitcoin portfolio by doing DCA. But it will totally depend on the time. Although the price of Bitcoin has risen significantly at present, it is still a good time for holders.
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If you ask me this question, I don't know how should I answer this one. LOL. I don't remember buying Bitcoin. I guess, I bought some Bitcoin a couple of years ago for some payment purposes. But I never bought Bitcoin to hold it for a long time. All my Bitcoin holdings are earned from the internet.
I am still earning a couple of bucks every weeks and I spend only half of it. I am saving rest of the money and all of them are in Bitcoin. So, I don't think I will ever buy Bitcoin to hold it. I will earn instead.
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I don't know when, it is not something i have thought about. I don't think i'll stop buying or using BTC, i would just continue using BTC and see how it develops in the future, it is hard to predict what will happen many years from now and what the demand for BTC would be, but i would not set a date when i would stop buying BTC, i don't see the need to do that now.
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People who know the potential of Bitcoin will not stop buying Bitcoin and will continue to use Bitcoin. It is impossible to predict the future price of Bitcoin because it is impossible to predict the future. However, as Bitcoin adoption continues to grow around the world and institutional investors enter the Bitcoin market, the price of Bitcoin may reach the target set by the individual. So the demand for Bitcoin will increase a lot in the near future.
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This is quite a dilema. Because the price of Bitcoin has started to increase drastically. However, if you look at the market condition this time which has experienced quite a significant drop, IMO, maybe this won't be too much of a problem if you add more Bitcoin accumulation. However, we also have to be able to manage our own finances well. Because the price of BTC has started to rise and if our target is the peak bullish era, then we have to consider the amount we buy and the possible profits we will get. But on the other hand, it looks like I will tend to buy more altcoins, meaning, the top altcoins will be the first in the market this time.
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Someone said he has been buying bitcoin from around $19,000, and has being accumulating more and more even while bitcoin is getting more and more expensive, he said he has been buying and will keep buying and buying until the price of bitcoin reaches $1,000,000 (one million dollars), this is when he will stop buying, said at this point, he will sell a small amount of his bitcoin holdings and retire for ever 😂.
So, I got curious and wanted to know if there are some of us here who think along this same line, so I brought this topic up for us to discuss.
At what rate or price will you stop buying bitcoin forever?
Here is my own answer, I will stop buying bitcoin completely when the price reaches $200,000, when bitcoin reaches this price, I will completely no longer buy bitcoin, but will only focus on earning it, like through my signature ad slot, and other bitcoin paying services.
What about you?
I will keep on buying Bitcoin on till the price is above $2,000, 000, the important thing to note when purchasing Bitcoin you need a huge capital to make more money. Bitcoin today and raise and still have more value to go , the the best advice is for you to buy and HODL now till it reach an estimated amount.
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At what rate or price will you stop buying bitcoin forever?
Here is my own answer, I will stop buying bitcoin completely when the price reaches $200,000, when bitcoin reaches this price, I will completely no longer buy bitcoin, but will only focus on earning it, like through my signature ad slot, and other bitcoin paying services.
What about you?
Lol, what if there is no signature ads again during the time Bitcoin reaches $200, 000? You probably may not own Bitcoin then, just guessing. Look at Bitcoin price history, it has a price flow with regards to the two types of market that affects the price. So, what am saying is that by the time Bitcoin spikes to $200k due to a Bitcoin halving event and bull market season, by the time the bull market is over, the price will still fall below the $200k and many people will still buy at that time, I am still going to be among the people that will buy more Bitcoin during that time.
To me is more plain bro, as long as Bitcoin's bear and bull market is continuous, I will never stop investing in Bitcoin. I'll buy during bear market and sell during bull market.