Bounty manager - plz update the stakes for twitter id rajkiran214 , only likes are counted whereas retweets are mentioned as zero. Plz update them and have them cross checked again.
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May be that may be the reason for bringing back in buyers more and more. I also see many buyers will start coming back after all the holidays and the volumes will also start rising gradually. If i i had funds , definitely i would have entered the market in the present scenario and made some profits if the coin went up. But i m advising my friend and colleagues to do the same and earn some extra money for the funds lying idle.
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I will surely say i usually wait for this type of major correction which BTC is showing now . Huge pullback and we do not know much more also can be expected. But this is the rite time to get in for good longs and time to reap some profits. If i had some funds, i would definitely would do that , but still i can watch happily BTC dropping like hell and feel the virtual happiness. All the best.
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I told this many times, no crypto currency has got a single trend always , it will be up down up down. We have to just wait for the pair to come into our trend , that happens only due to say volatality, or volume or any news in the market. Rest nothing is eminent , change occurs as and when . We have to just wait for the trend what we wish to be in. I always wait for major corrections to happen before going long any pair.
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We never know whats going on with BTC growth as in the last few days i see major corrections happening. We also dont know the percent of correction going to happen.I would take some buy position wherever the drop down percent is huge and take a call accordingly.The main thing is when to buy and when to exit , thats the main call we have to make. Rest is invest what u afford to lose.
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I see even now many people buy btc and less importance is given to gold nowadays. Still I also see a set of people who are still interested in gold considering a valuable metal and asset as well. Bitcoin growth is damn high compared to gold and gold moves steadily considering the dollar growth as both are inter linked. I will buy less btc and more gold as in my country gold is regulated, that's the only reason.
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Markets move up and down, that's the trend. There is no steady trend for any financial instrument. If it moves up, there will be a major correction as well correlation factors . Btc is in a steady uptrend and would allow other buyers as well to enter in the market, that's the reason a major correction being done. I m not worried about the trend, I m just worried about the percent of correction it makes. Thats what matters me as buy positions would pile up.
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BTC will remain the top crypto till the regulatory authorities ban it or the volume starts decreasing , whatever happens. I see it will never be in the bottom list as long as buyers are there in the market.Moreover, there is less mini also happening as the supply was less and the same are being circulated , thats make it even more expensive. I would wait for major correction atleast 20-25% to take any buy positions.
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