The more people who believe in Bitcoin the better.  Because that means the more the price will go up. 

There is no best time to buy except if you can see into the future. 

Do people think we are now in a time of real uncertainty over what the price is going to do next.  It seems to defy all logic.  I thought it would go down a few days ago but it didn't.  And now it has gone down today.  Will it go further down from here around 8.1k now at this time or will it go up again over the next few days.  This must be putting people off investing.  Or are people just optimistic. 

I agree that bitcoin is behaving in such a way now that charts and analysis won't help.  It's like tossing a coin.  If tossed a coin 10,000 times and did an analysis and record then it wouldn't help predict what the next toss would be.  I'm not surprised people are scared to venture in because will the price rise from around 8.2k which it is now or will it go down from here.  Nobody knows.  I'd say it could go up but not by much and not over 10k before it falls again.  I think something could be learned from charting highs and lows but that would be more long term. 

It will rise again but perhaps never above the high at 20k.  But for the moment it is up down up down.  Which is suiting the day traders very well. 

Nobody knows what is going to happen.  So I'd think it wouldn't be very wise to invest a great deal of your savings in Bitcoin at this very moment in time.  It's just too uncertain for people who value their money and don't want to end up losing it.

I would think I should have sold out at 11k plus.  So next time I won't hold on and on for a big price but will sell some when price looks good for the last month.  And I would not panic sell now and I would be patient. 

Holding is OK sometimes for part of your investment in Bitcoin.  But to continue to hold all your coins and hold through all the rises and drops is a bit mad I think.  Other people are just making money out of you.  While you lose out.  

I still don't get why people would buy at that high price it was a couple of weeks or so ago.  11.5K I think.  And why didn't they sell at least some of the coins at that price as the chances are it would go down from there rather than go up again.  I would wait now and try and buy lower than 8.7 which it is now at this present moment.  And if I miss the boat well too bad.  There will be another one along eventually. 

It's not impossible but I wouldn't say there were signs it was going to drop hugely.  I did think it might a couple of weeks ago go right down to 4K again but instead it went up.   Even for experts it's unpredictable I think at the moment.  The best way to think is that it is unpredictable just now so you have to take that into account when buying or selling. 

I don't know why people listen to all this fud.  They need to watch the price and wait till every number is red and then buy.  Say now the price is around 9K so it wouldn't be a huge mistake to buy at this but I would wait for a lower price because it might go either way at the present time.  But it would be crazy to wait till say 11.5 and then think oh I must buy.  No if you were going to buy you should have bought at 9 or even 8.5.

No it won't.  It will be lucky if it reaches 15k by the end of the year.  I am not feeling positive looking at the drop in prices always below 10k now nearly every day. 

I think around 8k.  I can't see it reaching 12K any time soon.  Maybe in a couple of months but it will be only for a short time.  The high prices seem to be of very short duration these days. 

Somebody said to me how can Bitcoin be decentralized when only a handful of people control the market and hold the largest percent of the coins.  It's the very opposite of decentralized.  I'm not investing anything till things are more clear about what's going on.

Bitcoin does seem to go down on a Sunday night.  We'll have to wait and see if it does that again.  It's going up now at this minute.  I think it will drop again back to under 8.5k tonight.  But as usual it's anybody's guess. 

I was thinking. (Bad sign!)    Say those whales instead of working together to manipulate the price they got greedy and started to work against each other.  All trying to make the most money.  Could this crash the market in a huge way eventually.

I did think the 11.5k price was very high for the present time.  Even the charts say todays price is high for the last month.  So does this mean people should wait till price goes lowest for this month before buying.  If price goes all red then buy I'd say.    And hope it doesn't go down any more. 

Even when something is scarce there could come a time when nobody will want it.  This can sometimes be seen in the antique or collectibles trade.  An item is scarce but when people lose interest and no longer what it then the price drops.  If everybody wants these items then price usually rises if there is a limited supply.

Part of the reason it always drops every time it seems to be going up is the day traders who take their profit when price rises and buy in again when price drops a bit.  Then other folk panic when they see the price going down and sell their Bitcoin so they don't lose too much money.  I think as long as the day traders are around it will affect the long term growth. 

Whether or not Bitcoin will ever reach 20k again is anybody's guess.  But I think all the holders need to think again because there are too many day traders taking profit all the time for any growth to be sustained.  If money keeps coming out how is the price to go up.