Bitcoin Forum

We've entered the "Buy zone" but do not rush, we will have plenty of time to buy unless there is a sudden dip, which can be countered by a sudden pump.
Other than that, this correction isn't over yet. Just like we have plenty of time to sell near the top, we will have plenty of time to buy near the bottom.

So take your time, and enjoy the down days, just as much as you enjoy the positive days. It is all trading and learning, we are here to look for opportunities and profit all the way.

Today's lessons, this correction lessons are going to be very useful for our future trades. This will definitely make us stronger, and the entire cryptocurrency market as well.

Next bull run we go to 1.5 Trillions. That's my new aim.

Thank you for your support.

Namaste.

I dont know what to say to be sure. But my investment decreasing slowly everyday, yeah there nothing i can do with the bitcoin or another coin price but only hold and buy more coin is what i can do for now.

If you look at the way this dip evolved in the last 4 years you can see that it migrated from the beginning of march toward the beginnig of february, last year beying somewere around 17 of feb. If the trend is kept this year the pump should start somewere 5-10 febr so my opinion is that this is the moment to buy. Delaying it increases the risk of loosing the chance to buy at a discount price and miss a good entry point. But what crypto traiding has tought me is that nothig can be predicted in this kind of trading and surprises are very often.

When this crypto stuff will finaly become stable? Such a long correction is also looking like a preparation for another crazy race like we've had on the previous year. Anyway  no major news are expected in that moment so it is possible to see a coutle thousand growth now, not another moon run. Yep, it is not the safest idea to buy during this unconfidence.

I honestly think that the crypto market becoming stable would also mean the centralisation of the market as well. So long as everyone is allowed to create their own crypto currencies and enter the game as they wish the market will fluctuate. I don't know if it is a good thing or bad.

One can buy at this zone easily especially newbies who wanted to get into the game. This is the best time. But going all in is definately a bad idea because if the market dropped further more people would panic and lose the invested amount. Instead they can buy the dip again after 30 - 40% drop just to achieve break even in case.

Good thoughts.  Crypto is wild, don't rest too long or you might lose out :)

I agree on taking your time. I've seen to many bear markets, where I've bough only to have prices go down more. Anymore, I wait an extra few days to see if the prices continue to drop before I buy. ETH is around 1K right now, but a TA I read this morning has it at $750ish in a couple of days. I'm going to wait and see if that works out.

ignore your loss, if you still have money then wait when the price of your portofolio coin goes up 1% then you all-in, your loss will be covered by the profit.

Namaste dost.
I think what you say is true "cool advice", I support your words, and this really can made my head cooler. But still my emotions came out when I saw the bitcoin price of only $ 11,091,40 'Buy Zone', it seemed my greedy nature 'appeared', and wanted to buy 'bitcoin' as much as possible.


Good luck!

Slow phase is good for beginners.

But for me as an experienced trader, Im not that type of person that will wait for more dips after reaching their so called correction based on my own analyzation. Altcoins price analyzations must not be based purely on chart readings so in other words, ups and down can happened even as we speak.

If a person understand that the risks the moment they buy a coin then they can enter at any price rate and challenge that risks.

Right now it's quite a good time to buy bitcoin and some altcoyins. The other day the price of bitcoin fell to about $ 10,500, I did not see this course for a long time and it was very good for buying. Of course, you can not rush, but the crypto currency is still quite unpredictable. Bitcoin can suddenly suddenly go up without any reason, and do not return to such a course. Therefore, I believe that it is better to use this low rate now, it is unlikely that bitcoin will fall below $ 10,500. After such a lengthy adjustment, he has only one way - up.

To be honest, I don't see the "buy zone" anywhere on the charts, bitcoin and altcoins are currently going up meaning that the drop has finally stopped, at least for now. We've had plenty of chances to buy over the last week when the entire market was a sea of red. But i'm not saying that we shouldn't buy, but it might be a little too late if you're looking to maximize your profits.

Now we'll have to wait and see if this recovery is either a dead cat bounce or the beginning of the next bull trend.

But this kind of opportunity comes like once in 3 months or so. So it's really hard to pass this kind of opening being given  to us by the market. Because the next correction price will become so high that it could be $20K, the price that we all have been waiting for. Are there casual investors willing to pop $20K for a bitcoin? I don't know.

But I like the attitude though, I might not have the chance to buy bitcoin in the next correction. But I will remain bullish about it and take this sweet time to buy and accumulate as much as I can before the door closes.

1.5T you say? How about 2T to end the year? Let's see how it goes.

You are already seeing the dump in the market so if you wait again for long time. You may see the value of bitcoin and altcoins for high in some weeks. Banning and marketcap circulation reduction are the reasons for the recent dumps I think.
If you or newbie anyone can buy the cryptos as much they can and you will be able to get the decent profit the amount you invested in the some weeks. From last night every crypto currency completely dumped in the market so what is the reasons buddy. Explain it me and that newbie.

For the people who bought at a higher price that todays,
the trick is to hold at a time of market shrinkage and buy more,
this will lower your average cost price.
Hold, keep calm, be patient and think of the future  ;D
There is definitely uncertainty and maybe the values will drop more but i recon they are going to be a lot higher medium term.

got rekt last week because i re-entered the game a bit too early. I was to eager to enter and made a mistake. Entered ripple a week too early. Well you win some and you lose some i guess. Will be more careful next time. Now i would wait till middle february to reenter.

It is a buyers market now and it is certainly unpredictable as to when would be a good time to buy in. However, experienced traders will know that this is a temporary dip so buying at any time in this period will lead to gains. Even if it's not right at the bottom of the dip, profit margin will still be good. So not to worry, happy trading and feel lucky that you can buy at this rare opportunity.

just make your best informed choice, if you lose then at least you wont have any regrets and you will probably learn the most, which is better for your future trades. And that my friend, is progress.

Stay strong

You express yourself in such a way that it is evident that you have a very large control of your emotions ... but not of the market. That's why I'm surprised that you seem to have a very clear picture of what will happen in the coming days in the market, especially when you're supposed to be a "newbie" and therefore you're just taking your first steps in this matter. Therefore there are two possibilities: in fact you have a lot of experience in trading and "@trangocco" is just one of your multiple alts, or actually you are just a pretentious newbie.

I think that it is right time and place to invest your money. There are many altcoins which have good value in market and they have good foundation too. Just buy them and hold them whether their prices are high or low just do your trading wisely and be a good trading.

In my opinion, the correction is almost complete. And I think that you can already buy those coins that you have chosen. The only thing I would do is in a couple of stages, one today, one tomorrow or after tomorrow, and so on until the price starts to go up.

Yea you're right. This kind of correction does happends yearly. Most likely in January to April of the year. Don't worry it's the dip time for cryptocurrencies = good time to invest some fiat on it and hodld for a long time. 1.5 trillion is really Big to be honest. Don't aim too much. Yes, it does have the potencial to ho up tothat marketcap but, still aim for something lower than that. The correction is almost done the prices are starting to stablized than the useual. Wait for the big pumps.

I agree with you about the unfinished correction, but also I don't think that there is not much time to enjoy. Because, the charts started to show that the coins are coming with green percentages again.

This is just another dip mate,
A lot of people are now filling up their bags with more cheap coins, and we all are doing it (only the smart ones lmao)
So do not worry about this, all this storm will end at some point, there is no need to worry right now.

In my opinion, when the market is at the bottom, it's time to enter. After all, the economy is cyclical, so I expect further growth after the fall

I don't think that the all altcoin have fallen(in terms of btc). If you look at the altcoins lots of them are in good position( not at the bottom ). For example look at SiaCoin, Burst, DGB, Ripple those coin have increased more than 100% in price if you compare those price with November last week.

The markets honestly not even falling by much, just maintaining stability. I think we've all gotten so used to seeing green across the board that a net zero movement feels like a bear market to us.

It is something unpredictable. So no matter what prediction you have it can be correct or not. It is nearly impossible to give advice to go in or out with cash from cryptoworld nowadays.

January is an unquiet month for cryptocurrency markets, with a big drop almost every year.
But in the first half of the year, there is a big increase in the cryptocurrency markets, and if so, it could be a good time to invest now. ;D

Definitely I think that it is necessary not to panic and not to hurry up in this area of ​​activity, so I will be frank and say that before you invest your money in bitcoin or in some other crypto currency, think about it 10 times, because when you invest these money, you have to understand that you have already lost them, so it is easier for them.

we have experienced a great decline in the price of everything. those who see these low prices want to buy bitcoin and various altcoins with cash.
they think it is a great time to enter the market.
but these people should pay attention. we can see a big drop again :)

To get a better idea of what type of mentality you're dealing with when dabbling in the altcoin markets
check out:  How self-proclaimed “pump and dump groups” scam thousands of wannabe altcoin investors
https://theoutline.com/post/3074/inside-the-group-chats-where-people-pump-and-dump-cryptocurrency?zd=2 (https://theoutline.com/post/3074/inside-the-group-chats-where-people-pump-and-dump-cryptocurrency?zd=2)

I also believe that the bottom is not yet near. We to watch first the next succeeding days if the reversal of trend was evident. That the only time We are safe to buy the bottom. This time We need to learn the patience of waiting.

It is the running train and you can catch it anywhere it has no end but you have to study lot of thing to catch this train.

I totally agree with you there. These kind of times are great times to buy coins from cheap prices but as you said correction doesn’t seem to be over yet. Be patient and don’t panic sell or buy. We still got time to make better decisions.

Yeah this is not yet over,the total marketcap of all cryptocurrencies are still declining proven that the investors are cashing out their investment bigplayers and finacial institutions are still out.Lets wait for them to comeback and for sure we will get bullruns,BTC price will still go down for a couple of months and getting ready for the bull in the mid year.

Regulation is the nature of the technology and nothing would go higher and higher everytime. Last year around these days, do you remember how much was the bitcoin? It was around $ 900 and now people are getting stressed just because it dropped to $ 11k. Chill out, take a coffee and focus on some kind of another hobby and watch later how it has increased while you are on something. I guarantee that it would put a bigger smile on your face than the time you watch the graph .

Agree. In cryptomarket you don't need to fuss and panic, to throw off all the coins and record a loss if the market went down deep. Then, when the situation will change and the whales will rise in Long, you just won't have time to place an order at a reasonable price and will be forced to buy high, maybe even much higher than the price at which the coins thrown off. Most likely the best time for purchase will be when the price of Bitcoin will be pressed a few below $ 10,000 as some experts say.

Well indeed I agree on your idea. In the market area most of people do think that when the sudden pump or dump occur it would be their best time to jump in and grab the opportunity. But it is not the best way in doing it, the right way is to first observe the trend because there is a possibility that when dip or pump occurs it won't stop in a certain amount. Either it would decrease or increase drastically. If we want security or we don't want to loss big. We don't have to go all out, we wait until we are already certain that it would be the right time.

It is not over,  there is plenty of time to buy and sell as we can see that there is still a slump in market and it is going down ward but still there are chances of pump up of market as often happen.The game is not short and any body can start it at any time, it is said that haste makes waste