Time to buy cheap coins

[oblivi]

China and global whales are shaking weak hands, time to buy while the price starts going up again due FOMO. Good news incoming too to push the next bull cycle soon. Good luck.

[greBit]

I bought few coins today as I felt that price was reasonably good to make some good profits at halving, and hoping that price will even go lower tomorrow, so buy few of them again.

[oblivi]

I bought few coins today as I felt that price was reasonably good to make some good profits at halving, and hoping that price will even go lower tomorrow, so buy few of them again.

Im hoping that the price keeps going down until 30 june, because I will get my salary on my bank account, and im going to spend my entire salary on buying bitcoins. When other people see a problem I see an opportunity.

[doublemore]

Market just created a pretty decent tell of a double bottom around $550 - $560, i would expect to see only higher highers from here until we break $789 on finex.

[Ted E. Bare]

Yes this was just what we needed to continue the pump. See you guys at the new all time high.

[snipie]

Definitely +$600 now in the most of exchanges, it was ~$570 few minutes ago, if the price is pushed heavily enough we will see +$700 by tomorrow

[oblivi]

Definitely +$600 now in the most of exchanges, it was ~$570 few minutes ago, if the price is pushed heavily enough we will see +$700 by tomorrow

Hehe, that was quick. I was expecting whales to start going in hard anytime soon now. Too many good news cooking. The protocol is getting big updates soon and big business are getting involved in bitcoin, I just saw the paypal news and this is huge.

I wasnt able to buy more in time tho, cause my salary is still not paid until end of this month, hope it doesnt rise too quick.

[Alley]

Argggg!  Why didn't I buy more below $600?

[crairezx20]

Yeah its the best time to buy rigt now.. and i think the price will increase again back fast.. from 500 price above now the price is increased according to preev price its 612.0 just now read it again guys. its gradually increasing.. and i think the price of bitcoin sooner will be back even in 650 or much more..

[romero121]

On seeing the continuous increase I spend the amount I had to buy a small portion when the price was around $710. Never expected such a sudden decrease in a short term as its happening right now.

[jamesl22]

On seeing the continuous increase I spend the amount I had to buy a small portion when the price was around $710. Never expected such a sudden decrease in a short term as its happening right now.

yeah it has been a surprising ride, first it crossed $750 in quick time which was surprising and unbelievable and now its declining like crazy which is again surprising.

[sandiman]

we won't see higher high soon guys, trade the bounce, but holding what you bought now could be risky if you are aiming an ath to sell (you could buy cheaper before that happens).

[socks435]

I think better to don't waste yopur time right now becauser the movement of the price of bitcoin right now is fast.. and i think bitcoin still fighting and better to buy bitcoin right now to get more profit soon..

[techgeek]

So heres my take on top of what op has said.

Outside from global markets which promotes more orders in the us based exchanges - its also whats promoting buying behavior within the exchange as well.

Like this https://blog.coinbase.com/2016/06/22/coinbase-adds-support-for-paypal-and-credit-cards/

Coinbase despite people hating them for support reasons etc, are now adding on way easier steps to obtain bitcoin at close to fair value rates which puts everyone on the localbitcoins exchange on check to do the same on buying factors. Selling on the other would be different obviously.

[amacar2]

Better to buy back when price is still under 600$ and even better when price has hit 530$ range today. You could have been already 10%+ up by now.

[infofront]

This is a bounce, as some have said. I think it's likely to dip down below $600 again soon before stabilizing

[gerXhonza]

Better to buy back when price is still under 600$ and even better when price has hit 530$ range today. You could have been already 10%+ up by now.

Yeah bitcoins are available at discounted rate at a moment, so its good price to buy as price may hit the magical price of $1k at halving.

[coinzat]

If someone bought yesterday on the lowest point the price reached $530, he would earn today $100 in each BTC. so If I had funds I would buy more because the price may go up in the next weeks again

[randy8777]

If someone bought yesterday on the lowest point the price reached $530, he would earn today $100 in each BTC. so If I had funds I would buy more because the price may go up in the next weeks again

that's indeed easy money in just 24 hours time. this shows that bitcoin is full of surprises. it's amazing using this volatility in my advantage as trader. where else can you make that much money in such a short time? a lot people were waiting to enter the market at $700 prices, but they didn't buy because they felt it was a bit too high. yesterday was the ideal moment to grab themselves a nice seat in the bitcoin train. chooo chooo!!

[The Sceptical Chymist]

China and global whales are shaking weak hands, time to buy while the price starts going up again due FOMO. Good news incoming too to push the next bull cycle soon. Good luck.

I'm genuinely curious:  What does the first part of your post mean exactly?  China is doing what and whales are doing what, and weak hands are what?  I hear all of those things thrown around a lot here and it seems they're used to explain everything bitcoin does.