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Old 05-02-2018, 17:07   #31
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Re: Bitcoin

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Originally Posted by SnoopZ View Post
Not really a problem you can still buy using a debit card or like i do use a sepa transfer.

Who buys with a credit card anyway? lol
You'd be surprised. Why ban it if no-one were using it?
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Old 05-02-2018, 17:21   #32
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Re: Bitcoin

There was some article a few months back saying a third of new investors to Bitcoin were using credit cards. As to if that was just with Coinbase or a particular country, I cannot remember.

Using credit cards for money or money related stuff usually has extra charges too, so not the best way of doing it.

Some people remortgaged their home to get some equity to put in to Bitcoin. Goes way beyond the general rule of only investing what you can afford to lose.

This current dip is harsh but those in to crypto's early in 2017 or earlier are still a huge percent ahead than they were. Just lost some of those gains in the last month.
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Old 05-02-2018, 18:52   #33
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Re: Bitcoin

Trying to guess when the dips are going to be is hard, i got it wrong and lost out, but i expect it to go up and i will be making a profit in 6 months time.

Just need to consider buying more while the prices are low, especially on the cheap ones like Ripple which cost 0.72 euros today.
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Old 05-02-2018, 19:05   #34
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Re: Bitcoin

Buying low doesn't always work without considering background and future forecasts. Even then it's a minefield.

The credit card companies banning purchases will affect the price in the future as it depresses speculation buying.
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Old 05-02-2018, 21:35   #35
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Re: Bitcoin

Remember dips are only dips if they later recover.
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Old 05-02-2018, 21:43   #36
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Re: Bitcoin

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Remember dips are only dips if they later recover.

Absolutely.
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Old 05-02-2018, 23:36   #37
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Re: Bitcoin

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Originally Posted by Damien View Post
Remember dips are only dips if they later recover.
If
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Old 06-02-2018, 12:13   #38
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Re: Bitcoin

Just said it because there is a lot of 'buy the dip!' around at the moment but people were saying that when it was at 10k......
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Old 06-02-2018, 15:01   #39
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Re: Bitcoin

i thought buy the dip was when you got a bag of doritos.
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