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Author Topic: Now might be a bad time for newbies to buy BTC  (Read 4247 times)
Newbie1022
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September 20, 2014, 05:09:08 PM
 #61

It is not the right time to invest on BTC for newbie. Price of BTC is continuously falling. So I think we need to take some times to invest on BTC.
There is blood in the streets. It's the perfect time to buy.

He's saying that we haven't quite sorted out whether this is a falling knife or we are in the clear. If the former, a newbie might panic and also might not know how to deal with exiting on the right side of a wave. So, yes, it might actually be a very dangerous time for a newbie to buy.
fewcoins
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September 22, 2014, 12:55:10 AM
 #62

Actually this is a dangerous time for anybody to buy!
Gotti III
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October 02, 2014, 02:01:24 PM
 #63

Actually this is a dangerous time for anybody to buy!

"dangerous" maybe the word is risky
inca
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October 02, 2014, 02:08:13 PM
 #64

We are currently near the lowest prices for the year of 2014.

Noone actually knows where this bear market will end. Noone knows the reason for it in actual fact.

If you want to acquire bitcoin as a high risk investment then beginning to acquire a position here is a great entry point with massive upside and some real downside risk also. Bitcoin is always risky. Waiting for an upturn in the price will mitigate some risk but be difficult to time as the price will likely rapidly climb away from the low.

I love that if you are a bitcoin bull and cite the long term bull market with hype cycles you hear the usual 'past performance does not predict the future' from bears. Then the very people criticising you focus on an extremely recent part of the same chart which just happens to slope down to predict further price falls!
ChuckBuck
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October 02, 2014, 02:31:18 PM
 #65

Nobody knows for with any certainty if this is the low or bottom or if we'll sink 100 points tomorrow.

That said, if you're a believer of Bitcoin and the technology behind it, then now is a good time as any to buy. 

Just don't invest what you're not willing to lose.

CharityAuction
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ColdScam
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October 02, 2014, 02:46:44 PM
 #66

And it might be like that for years to come.  In fact, now might be a good time to short BTC.

This is the 1st year in which BTC has gone down.  And a new trend might be setting in.



What the fuck, you said in your last thread that it would be the last warning you post. So why the fuck are you still doing it? Cut the shit no one cares what you think.
DeadCoin
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October 02, 2014, 02:53:03 PM
 #67

And it might be like that for years to come.  In fact, now might be a good time to short BTC.

This is the 1st year in which BTC has gone down.  And a new trend might be setting in.



What the fuck, you said in your last thread that it would be the last warning you post. So why the fuck are you still doing it? Cut the shit no one cares what you think.

This is older topic, check out the date on the post you quoted. Maybe you should have listened, bitcoin is 20% down since then.
Unbelive
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October 03, 2014, 11:43:53 AM
 #68

You were right. Now is much better time then it was a month ago.

fewcoins
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October 04, 2014, 02:45:43 AM
 #69

You were right. Now is much better time then it was a month ago.

Don't worry next month will be cheaper...
Seketsuna
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October 04, 2014, 03:47:52 AM
 #70

You were right. Now is much better time then it was a month ago.

wait for 1-2 weeks and it will go around 360. then you can buy a cheaper coin
fewcoins
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October 04, 2014, 02:44:33 PM
 #71

You were right. Now is much better time then it was a month ago.

wait for 1-2 weeks and it will go around 360. then you can buy a cheaper coin

We are already touching 340? You can buy cheaper coins later, no worries!
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