Bitcoin Forum

hi, i am a noob. wanted to buy but high prices scared me. now it's down and it scares me too. do you think we expect a comeback soon or even bigger drop?

Nope when you say they are down by 50%, do consider the fact that it is due of BTC fall. All coins are BTC proportional and you are seeing everything red because BTC is red by huge variant. Just change the base currency from "BTC" to "USD" and you will see real market.
Now about market price and suggestion to buy coins. My answer would be 'NO'. It is presently better to buy BTC only. If you buy any other big cap coin, its rise would be less than BTC till New Year. BTC will on another rally as minimum viable point has been reached. Now onwards, it will on run to $18K and possibly $20K by New Year. ;)

im not really good at trading but i think you need to wait a little bounce you get it right, just wait a bit more. Cause you dont want to buy any crypto cause the price is cheap, its can go any cheaper. wait the price grow and buy it. yeah thats my opinion.

Keep buying the top coins you wont be sad after few years this is the main rule. never sell just hodl and take your daily time on daily works.
patience is the key for investments and trading.

I strongly disagree with you. Let's say Bitcoin becomes 50.000% in 2 months. That's a 400% price increse (taking in consideration the current price).
If you would invest in a different coin, an altcoin, you could experience a 1000%-5000% increase.
When Bitcoin reached 19 000$, some altcoins had a 3000% price increase!

Thanks for the advice. 18k by New Year seems very optimistic considersing the fact that it's almost New Year already  ;D

Just buy it, you will never get anything if you are still feeling scared about what already happened in the crypto. Just invest some amounts that you afford to lose. it may become a better option for you. Or you can try to put a little amount and you will be seeing it give you a profit later.

Now we need to look at the behavior of the market and then already buy off coins

Yes, now you can buy - its a deep now. After 1 month bitcoin will cost a 19000 again - you can be sure. So dont be slow and dont miss that moment.

I agree that you are looking at a good buying opportunity if you have cash or Fiat on the sidelines. I think we are in for a rocky 2 to 3 more days then expect btc to go sideways a bit and make its way back up.

it will recover sooner or later. Ripple touched $0,68 just FIFTEN MINUTES AGO.
And now it is $1,02, that was a real dip for ripple, i dont know why the hell i missed that opportunity.

All the altcoins are doing exactly the same right now.

A friend of mine said from his own understanding why Cryptocurrencies are dropping it is because people would choose to dump their investments in order to buy some gifts to their loved ones and I am guilty the fact that I'm thinking of selling my coins in order buy something for my loved ones this Christmas.
I think there's some reasons but I think it's one of them.

When Cryptocurrencies are very low this time, I think it's time to buy more because this time might be the best chance. Investing more is investing for future and Cryptocurrencies are increasing although they're decreasing now.

Yes its time to buy BTC now while the market bleeds i bought a lot of altcoins right now because most of them is 40% off surely it will give me a lot of profits after this bloody bath.

When Bitcoin dropped, average investors will panic and they didn't know that this time is the best time to invest more not only for Bitcoin but also for top Altcoins like Ethereum.

I would wait for few days to see what will happen with crypto will the bulls continue to run or are bears taking over.Risk/reward still isnt good imo i would rather pay few % more then buying it at high prices in case that bitcoin goes under 10k and alt follows,i mean we could even see full retrace now as people forget that we are on the same levels like we were just a month ago

I'll try to give good advice. Never put in more than you can afford to lose. When you buy ask if you really want what you're buying. Do you feel like you're getting a good price or not? If so then trust your decision and don't worry if things drop further because you didn't put in more than you can afford and chances are good the price will come back up, maybe even more than you bought for. The hard part is not selling just because you're "scared" or buying because you're "greedy". Just buy and sell what make sense without emotion. That's hard for most people, but that's why most people are not good traders 8)

Most people worried about Bitcoin's dropping but this this is the time skilled investor and traders because they knew that Bitcoin will pump back more and surpass the highest value that was hit last week that is about $20,000.

Now, I'm thinking about dumping my coins and buy some more Bitcoin. I hope it will drop more as low as $5,000 then I'll push all my resources into Bitcoin.

Yes, probably not a bad time and not a bad idea. but only if planned. remember if you don't plan, you plan to fail.
go as you planned and you will not regret. trust yourself, no one else. -satochi

I think this is a good time to buy some altcoins and bitcoin for holding. Bitcoin will be rise in a few days later again and you will get profit lie that. And you can buy altcoins for long term investment like; ıota, waves and eos. You can search by one by before invest in them. 

This is the perfect time to buy altcoins the price is really cheap. Just make sure to put stop loss to prevent loss. Bitcoin is regulating between 12000-13000 and some alts are recovering now

Welcome to the crypto world man,

This is completely natural. If you try and look at the past charts of all crypto currencies, you will see that this happens over and over again. Which will then make you realize that there really is nothing there to worry about.

But in terms of investing, i suggest you don't rush it. Try to observe more for now and invest in smaller amounts than what you are planning to. Specially now that the infamous great correction is about to happen to bitcoin. After that, my advice is to go all out on investing on the best coins that you think are really promising and have great potential to go bananas when the price of bitcoin climbs up again. And of course, don't forget to invest in bitcoin.

A comeback would seem the more likely outcome but it may take some time, I think really the level we are at right now is a bit more consistent with where we should be, the last month was very crazy in terms of coins shooting up in value and I'm at the moment viewing this as more of a correction than a crash. I'd look at the major alts like ethereum.

Well you should buy when people is afraid and sell when people is greedy. Right now is the perfect opportunity to buy alts because the price is down and it will recover later when the situation become normal again. I also bought some alts a few hours ago and it's already in profit.

IMO, it is a good time to buy BTC and altcoin now since everything is in red. The market will recover and it is the norm. If you are afraid to buy at high or low price, perhaps you can start by buying smaller amount first.

Yes, if you've been waiting to buy then now is the time to get in. Once we recover from this dip, we may never see these lows again - if the market turns green and prices keep going up, the next dip will be from much higher up and so not go as deep.

Do remember though that crypto is very volatile!

Yes ofcourse even the whales and experets on technical analysis that this is the perfect time to buy.

Now the crypto currency market has really fallen in price. According to CoinMarketCap, bitcoin is currently worth $ 13,181. Other coins also fell in price. Such a fall is normal for the crypto currency and therefore it should be used to purchase promising coins. I think that along with the top dozen coins specified in this table, it is necessary to invest in bitcoin, as soon it will again rise in price. Very promising for growth are also Ethereum, ripple, litecoin. Very good growth shows recently bitkoyn cash.

definately this is the very best time to buy... because you wont get alts this cheap and this is just correction time...better to fill bags as much as possible and wait for the market to recover to enjoy your profits

It's not yet time to buy altcoins. The market continues to sink to the bottom. You can buy only if you take coins for long-term storage.

The favorite quote in trading market is BUY LOW SELL HIGH. If all coins are in RED, then I suggest you buy now at a big price and within few days, when a small increase in price will result in a big profit for you.

Few days ago alts gone wild thats why theres some correction plus BTC's regular correction from almost a month of bullish trend,theres nothing to worry about its the perfect time to buy !

I guess this is start of Bitcoin correction before the new year holidays. And it will fall to 10 to 10.5 K. Of Course, this is just a temporary drawdown and Bitcoin will continue to grow, but not so fast.
Now it's the best time to buy alts. If you are afraid to take risks, buy small parts. Then, in the case of further decline, you will be able to buy another.
Choose a strategy for investing and clearly follow it.
Oh, and make sure you make money to buy bitcoin. This might be his last drawdown to this level.

This might be a great moment to buy anything before the price will spike up. This is a healthy correction we were predicting as the market was increasing rapidly in the last days. I recommend to accumulate some good coins as late Christmas sales are right here right now.

No doubt Bitcoin has already harnessed much of its potential and it is no longer possible to get 10-11x profit in a year from it. But I doubt there is any such possibility available for altcoins too. You said 1000-5000%, can you name any coin which could achieve that much rise in next 6 months? None in my view.

Also what I suggested was in accordance to current market and for short time. No one knows what gonna happen in Crypto Market after 2-3 months but for now it is better to keep money in BTC and be safe.

i think this is the time to buy some good coins in my opinion at the strt of new year there is a sharp increase in the prices of crypto world

The price might drop more soon, but won't be going down below $10,000 as far as i believe. You should start investing now. Keep investing and the more the price drops the more you should be investing in lower rate. This will minimize your total loss if you make any.

The soon comeback is inevitable. Bitcoin will start its growth during a month I am sure. All other currencies will follow Bitcoin as we see during its falling. So don’t be afraid and buy coins which you can to afford.

It very depends on WHICH altcoin you chose to buy and when. If it were so easy everybody would be already a millionaire in cryptos.

Don't be scared to buy when its down.  You've heard the saying when everyone is selling you buy and when everyone is buying you sell. No more true words have been spoken.  Best wishes.