Thank you for the straight forward replies

@alani The news are so negative right now. They're scaring away all the newcomers. This is why such a small percent use cryptocurrencies...

@boyptc Gut feel, yeah, I can't rely on mine. I'm not in for a long time. But for example, when NMR reached $100, one guy on discord said "there will be one more hump to $130-150 then it will dump" - It happened! I know, everyone is saying something and it can be only luck or coincidence. But he said he knows how to recognize the P&D, and the pattern applies. Looking for a pattern :\

@socks From what I heard, whales can't manipulate btc so easy. At least not as easy as they're doing with alts. I don't think will get any positive news on btc any time soon^^

Thank you for your reply, cellard:)

I know you can't know for sure, but there are certain techniques through which you can predict with a certain probability, as you mention above. This is what I was afraid of, I can't really digest all these analyses in such a short time and successfully apply them.

I'm not questioning the Bitcoin eligibility, on the contrary, I want to buy more. But I don't know when? Now at $2400? Wait for the 2000 dip? Even at a lower price?

Nobody knows for sure, but I'd like to know, by watching the charts when can I be 51% sure it won't go lower than that, it is already going up, I need to buy. Do you have any tips from your experience with bitcoin?

How can you know it is the last dip? What are the specific signs that a coin is getting back up?

More specific, when can I know that Bitcoin reached its lowest low (for this timeframe) and it will continue its steady growth from there?

Sorry for the noob question, I'm looking for an entry point for a long-term Bitcoin investment. I feel that trying to dig into trading theory right now would be too much for what I need. I'm just looking to maximize my profits in this specific situation.

Any tip would be much appreciated. Thank you

Exchange the btc into what right now? I was thinking about ltc, but idk...

What are your thoughts on it?

Everything looks good, they got some attention lately. Are you invested in them?

https://cofound.it/en/
(available on bittrex and liqui)

If it is long term, at least you can give a few personal opinions, why your picks are viable.

I really believe in SIA's future.

• They have a great technical team.
• Their GitHub repo is active, closing issues fast.
• They're active on reddit, discord, hackernews (not only sia or crypto related, tech stuff).
  

Their product solves a real issue (private cloud storage). Just put it like that. While these hacker attacks intensify, people would want to backup their data without handing it to a big corp. Plus, if any of you claims that storage is not an issue anymore, think about the self-driving cars that are coming - they'll need petabytes of stored data.

Of course, SIA's team won't be able to solve all the upcoming issues by themselves, but they're likely to be bought by a big corp.

Getting on they're cons, well, they lack PR and marketing skills. The product's interface isn't really userfriendly (but it works!). Even their announcements aren't going well. They got some big updates on the product today. They "announced" them in a reddit comment...

A few nice additions: They're not in all the ETH fiasco, they're building they're own ASIC mining chipset (expensive, but at least they're getting there).

I can't say when, but all the data back them up as a good long term investment.