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10 Good reasons to buy bitcoin now

Discussion in 'CryptoCurrency' started by Textsurfer, Jun 10, 2016.

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  1. Textsurfer

    Textsurfer Newbie

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    Guys what is your opinion on this Article: https:[email protected]/10-good-reasons-to-buy-bitcoin-now-9c5438893df9#.irqywpcyo?
    P.S I'm not affiliated with this website, some guy shared it on facebook.
     
    Last edited: Jun 10, 2016
  2. REAL EMAIL ID

    REAL EMAIL ID Jr. VIP Jr. VIP

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    Yeah, it is raising bitcoin value now from last 20 days. If you bought last month, then it will give you more $$$. One of my friends withdraws amount, and I told him to do not sell it.
     
  3. mirrorer

    mirrorer Jr. VIP Jr. VIP

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    Only idiots buy when price is rising.
     
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  4. REAL EMAIL ID

    REAL EMAIL ID Jr. VIP Jr. VIP

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  5. REAL EMAIL ID

    REAL EMAIL ID Jr. VIP Jr. VIP

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    Yes, you are right but what about when is it rising more?
     
  6. mirrorer

    mirrorer Jr. VIP Jr. VIP

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    Eventually the sell off will begin,sooner or later.They may give it a last push,a huge rise,making everyone want to get in because they thing it will go higher but that's when they (the smart money) begin to sell to the average joe (dump) money.
    It happens all the time,in every asset & commodity.

    Gold.
    See the last pus from 1600 to 1900 ? it goes straight up,that's smart money in action tricking the average joe to get into it so they can fill their positions and begin sellig.
    [​IMG]

    Chinas stock index:
    Same story again.
    [​IMG]

    Bitcoin
    Can you notice anything anything ??
    yeap,exactly the same happened.Last push,straight up. Dump money begin to buy,smart money sell to them & take profit.
    [​IMG]

    It happens everywhere,in every market.That's how the market works.What you read about buy this,sell that it is bullshit all the time.After all,if those guys were good at trading,they wouldn't sit there writing & telling you what to buy but be in a trip to bor bora maybe...

    In few words. The average joe is not a trader & investor. 95% of trader & investors lose money. Only few win,win big.It's a tough business.You make money buying/selling money & assets.

    Regarding your question when to buy: Only when you know what you're doing and how market works.
    Else,stay out.
     
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  7. jamescolwell

    jamescolwell Junior Member

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    thanks for information
     
  8. Boomba

    Boomba Regular Member

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    Mirrorer got it right. Never buy BTC when it's climbing because the price will correct eventually. People that have invested in BTC always hype it up to raise the price higher so they can make more of a profit when they sell theirs. Meanwhile making you feel like you're missing out if you don't buy in. (Recognize dat marketing tactic?)
     
  9. zionbar

    zionbar Jr. VIP Jr. VIP

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    It all depends on how long you're buying for guys... dont mislead people.

    If you're going to buy bitcoins and sell them in a week its a whole different story than buying and holding for a few years...
     
  10. Boomba

    Boomba Regular Member

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    You're implying they will be worth more in a few years which is speculation. No one has said anything misleading.
     
  11. goodperson

    goodperson Elite Member

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    I will buy bitcoins to invest. Hope it will go higher.
     
  12. s14blackhat

    s14blackhat Registered Member

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    Buy ETH,DAO with Bitcoin. It's pretty good to invest. Decentralized currency.
     
  13. soulcollector

    soulcollector Senior Member

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    Why the FUCK would I buy when its already climbing up higher? I always start low to sell high, not the opposite.
     
  14. abhi007

    abhi007 Jr. VIP Jr. VIP

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    Same case with me :)
     
  15. REAL EMAIL ID

    REAL EMAIL ID Jr. VIP Jr. VIP

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    Well, I buy last Friday at $580 and today I sell at $675 total profit $95 in 3 days with no work.
     
  16. mirrorer

    mirrorer Jr. VIP Jr. VIP

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    Why did you bought ? If your answer is because I believe it will go up,then it's pure gambling. You may get lucky 2-3 times but eventually you will lose
     
  17. Dioni

    Dioni Jr. VIP Jr. VIP

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    I actually made a good amount of money with bitcoin trading on forex, I bought at 586.50 now its at 661.50. Also gold is going to hit 1300 in longterm.
    Screenshot_1.png
     
  18. REAL EMAIL ID

    REAL EMAIL ID Jr. VIP Jr. VIP

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  19. REAL EMAIL ID

    REAL EMAIL ID Jr. VIP Jr. VIP

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    Soon it will cross $700.
     
  20. CazuaL

    CazuaL Elite Member

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    No, you don't. Investing in Bitcoin is pure guess work. It's incredibly unstable & the price is changing every minute.