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Author Topic: Will there be a small correction in price of BTC? or buy now?  (Read 1345 times)
manav1112 (OP)
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June 12, 2016, 04:06:29 PM
 #1

What is everyone's opinion? Do you think this is a good time for people to put fiat in right now, or should they wait for a price correction - and if a price correction, what would that price be?
dinda22
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June 12, 2016, 04:11:31 PM
 #2

I would still hold. This is still a few weeks approaching halving, so I had a view when it is already close to halving it will be at least $700
Alley
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June 12, 2016, 04:12:21 PM
 #3

Buy now or cry later.  Ive been saying this since $200 and will still say it after $10,000.
--Encrypted--
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June 12, 2016, 04:15:07 PM
Last edit: June 12, 2016, 04:49:05 PM by --Encrypted--
 #4

it's useless asking about it here. when the price jumped to $590 people asked the same thing and the answers they get are always the same: both ayes and nays. but turns out the correction was barely noticable. if you believe that the price is going to increase further then by all means, buy a lot of btc.
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June 12, 2016, 05:18:27 PM
 #5

Better to buy at the current price and hold them tight till end of july and if you see dip better sell it for atleast 10% profit if you buy at this price.

 
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spazzdla
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June 12, 2016, 07:59:12 PM
 #6

620-630, perhaps.  At this point who knows though it's crazy mode time.

https://www.youtube.com/watch?v=0HtyF0jux2Q

party party

If BTC had the same market cap of gold each BTC would be worth ~$550,000, an interesting point to note.
ynef
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June 12, 2016, 08:00:37 PM
 #7

Buying should be a good idea for up until the halving. No idea what happens then...

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angaper
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June 12, 2016, 09:58:45 PM
 #8

I think it is never a good idea to enter the market during volatile times, and this sudden bump is the right time to take a little break and observe and analyze pros and cons of entering the market right now. I think this next week would remain stable at this price,  and it is better to set up a proper plan.
Cyaren
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June 13, 2016, 12:11:33 AM
 #9

What is everyone's opinion? Do you think this is a good time for people to put fiat in right now, or should they wait for a price correction - and if a price correction, what would that price be?

I'm a bit regretful that I didn't buy more earlier on when the price was still cheap. However, I have the feeling that the price is going to adjust itself perhaps a little bit before it goes up again.

So yeah, buy and hold for now in small amounts.
dinda22
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June 13, 2016, 06:59:39 AM
 #10

What is everyone's opinion? Do you think this is a good time for people to put fiat in right now, or should they wait for a price correction - and if a price correction, what would that price be?

I'm a bit regretful that I didn't buy more earlier on when the price was still cheap. However, I have the feeling that the price is going to adjust itself perhaps a little bit before it goes up again.

So yeah, buy and hold for now in small amounts.

I've been preparing for this already long, so now the time to watch and do not buy. because prices are too high, and for me it was a risk, because it could fall at any time. although I'm sure the price will continue to rise until halving occurs.
fearlesscat10
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June 13, 2016, 07:10:43 AM
 #11

What is everyone's opinion? Do you think this is a good time for people to put fiat in right now, or should they wait for a price correction - and if a price correction, what would that price be?

We're in the same boat. I'm really torn about whether I should buy now or wait more.

BitsandBites
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June 13, 2016, 07:17:30 AM
 #12

i dont think there would be a small correction in the price of the bitcoin but that would not be very much and i dont think it is really profitable to buy your bitcoins right nowbecause the value of it is really high now.
hermanhs09
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June 13, 2016, 08:46:57 AM
 #13

What is everyone's opinion? Do you think this is a good time for people to put fiat in right now, or should they wait for a price correction - and if a price correction, what would that price be?

Well, I personally believe that the price of BTC will have to correct itself before it can go up any further, because right now the price is going up like crazy. Sometimes $50 an hour even.

I could be wrong and the bullishness just takes over completely... But unlikely.
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June 13, 2016, 09:24:35 AM
 #14

Right now is a good moment to hold or to sell. Buying is too risky at these prices if you ask me. Chances of a correction are quite realistic as the price has gone up high in a very short time. I think a correction to $650-$620 is quite possible.
HarryKPeters
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June 13, 2016, 09:42:57 AM
 #15

Right now is a good moment to hold or to sell. Buying is too risky at these prices if you ask me. Chances of a correction are quite realistic as the price has gone up high in a very short time. I think a correction to $650-$620 is quite possible.

A correction will come, but i don't see that happening today. Today the hype seems to be proceeding like yesterday... which means more buying.

PacePay
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June 13, 2016, 10:00:57 AM
 #16

from the last two weeks we are nt seeing any small correction in the price, and it is increasing and increasing with no dump, so you are free to buy now.
fearlesscat10
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June 13, 2016, 10:03:16 AM
 #17

Right now is a good moment to hold or to sell. Buying is too risky at these prices if you ask me. Chances of a correction are quite realistic as the price has gone up high in a very short time. I think a correction to $650-$620 is quite possible.

A correction will come, but i don't see that happening today. Today the hype seems to be proceeding like yesterday... which means more buying.

A correction will come... but when? This rally might go on all the way to halving.

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June 13, 2016, 10:12:33 AM
 #18

think about this

we went from 230 to 500, then correction to 430--->lowest point was 37x then again rock solid around 42x-43x

story will repeat itself, now from 4xx to 8xx-9xx then correction to 82x-83x
sana54210
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June 13, 2016, 04:50:28 PM
 #19

What is everyone's opinion? Do you think this is a good time for people to put fiat in right now, or should they wait for a price correction - and if a price correction, what would that price be?

I'm a bit regretful that I didn't buy more earlier on when the price was still cheap. However, I have the feeling that the price is going to adjust itself perhaps a little bit before it goes up again.

So yeah, buy and hold for now in small amounts.
With regards to bitcoins, you can never be regretful as you always get a chance to buy coins and earn profit.

Buying earlier would even mean buying when the price was $1 but honestly speaking, a person who bought it at that rate might have sold it at $2 as who would expect the price to even reach $700 like now. As far buying coins are to be decided, you can choose to buy coins now and trade them asap rather than waiting longer.
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June 13, 2016, 05:07:59 PM
 #20

There is going to be a price correction, but that is no reason to sell.
Even if there is a price correction and you sell, the gains will be limited.
But you take the risk of missing out on the biggest bull run this century.  Grin
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