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Author Topic: Nice dip to buy more cheap BTC  (Read 2428 times)
AtheistAKASaneBrain
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November 03, 2016, 06:56:04 PM
 #1

Thanks china, your dumb policies will make smart people able to stack on more BTC before the unavoidable 1000+ dollars rise. Time to buy.
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November 03, 2016, 07:00:04 PM
 #2

Thanks china, your dumb policies will make smart people able to stack on more BTC before the unavoidable 1000+ dollars rise. Time to buy.

As always, take advantage of every price dip whatever the reason why bitcoin price drops suddenly although you can consider those news or factors circulating around as a reference. Others take profit also to take ride of the price decrease. So now better be ready some ammos to be load up.

It's usual so nothing to be worried about. No way the price will goes up directly to other's desired price target so I don't get others why they are pissed off with the sudden drop.


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AtheistAKASaneBrain
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November 03, 2016, 07:01:30 PM
 #3

It's pretty predictable that governments will try to fight against bitcoin and will try to crush the price, but it will eventually go higher than the sky, specially when governments remove cash.
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November 03, 2016, 07:10:59 PM
 #4

Logged in and already bought few cheap under $700 priced bitcoin, this was nice dip to grab some cheap coins now correction seems already over and we may head to $750 again.  Wink Grin

 
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November 03, 2016, 07:13:06 PM
 #5

Lucky for everyone who bought today, I did last night  Cry
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November 03, 2016, 07:23:32 PM
 #6

Lucky for everyone who bought today, I did last night  Cry

I secured profits up to $735 today, and bought some back at $685, but it's because I am trader. If you just buy your coins with the intention to hold them for the long term, then you should have done your buying far below the current levels. Even though the price has gone down now, it's still quite high to be honest.

I wouldn't be suprised to see it go down more. That's exactly why I haven't bought back everything yet. Don't forget that as long as you don't sell your coins at a loss, you have not lost anything. Just keep holding and try to buy yourself some more coins on the way down in order to lower your average buying price. It's the best solution.
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November 03, 2016, 07:24:57 PM
 #7

When people start talking about cheap coins, you know there's more downside to come  Grin
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November 03, 2016, 07:29:56 PM
 #8

Well let's hope this is just a dip and not a dump.... I would like to check if this was only happening on the Chinese exchanges or if they were

the trigger for other exchanges globally to follow. The rumours of a Chinese Bitcoin Ban started this mini dump, because I cannot see what

other negative news was posted on English forums. It just shows you how much influence they have on the price.  Huh

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AtheistAKASaneBrain
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November 03, 2016, 07:41:12 PM
 #9

Well let's hope this is just a dip and not a dump.... I would like to check if this was only happening on the Chinese exchanges or if they were

the trigger for other exchanges globally to follow. The rumours of a Chinese Bitcoin Ban started this mini dump, because I cannot see what

other negative news was posted on English forums. It just shows you how much influence they have on the price.  Huh

Dumpers will cry eventually, sooner or later the price will recover and the china government will pay by trying to interrupt human evolution. Bitcoin cannot be stopped.
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November 03, 2016, 09:43:56 PM
 #10

$700 for a Bitcoin is reasonable, but might dip by Christmas. You can't eat or play with a Bitcoin (If you're a child)  Cheesy



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November 03, 2016, 10:28:24 PM
 #11

Well the weekly chart was showing extreme overbought signs all over the place. I think on Monday I wrote in another thread how this whole week could be a downward move. Now finally it's happening. Although I must admit, I didn't foresee the Chinese regulations. That has got me worried a little.

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November 04, 2016, 03:32:08 AM
 #12

Thanks china, your dumb policies will make smart people able to stack on more BTC before the unavoidable 1000+ dollars rise. Time to buy.

It is nice moment to buy! This decrease in prices shows how low the price may fall. At this point, we already know that the price gonna be corrected at level of $700, and in the next few days will move up ..

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November 04, 2016, 04:35:17 AM
 #13

Yupe, make use of this nice dip. Not a bad thing that some people creating FUD, it just giving me the opportunity to buy more bitcoins.
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November 04, 2016, 04:54:54 AM
 #14

So what do we think, will it continue to drop or swing back up......

Get out your crystal balls!
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November 04, 2016, 05:01:53 AM
 #15

So what do we think, will it continue to drop or swing back up......

Get out your crystal balls!

well, coin for life baby!.... lets swing back up...
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November 04, 2016, 05:06:19 AM
 #16

Thanks china, your dumb policies will make smart people able to stack on more BTC before the unavoidable 1000+ dollars rise. Time to buy.

nobody ever listens.
right now many have already panicked and many will panic and possibly start dumping or those who don't have won't buy.

then in a couple of days when price is back to $730 and stable they start regretting and next week we will see topics asking why bitcoin price is stuck at $730 and boring Cheesy

this has been the story ever since price was $200

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November 04, 2016, 07:51:35 AM
 #17

Thanks china, your dumb policies will make smart people able to stack on more BTC before the unavoidable 1000+ dollars rise. Time to buy.

nobody ever listens.
right now many have already panicked and many will panic and possibly start dumping or those who don't have won't buy.

then in a couple of days when price is back to $730 and stable they start regretting and next week we will see topics asking why bitcoin price is stuck at $730 and boring Cheesy

this has been the story ever since price was $200

It shows just how quicklyu the community panics as soon as any negative news is heard, The price tanked from this false information in a few hours. It shows weve got a long way to go for mass adoption. It was probably only a few whales or the publisher of the article that dumped a few thousand coins, enough to slightly crash the market by a small amount.

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November 04, 2016, 08:30:30 AM
 #18

I don't think it is a good time to buy BTC now, as China is the biggest market of BTC, so the price might drop even further if china user are dumping hard.
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November 04, 2016, 01:02:12 PM
 #19

I don't think it is a good time to buy BTC now, as China is the biggest market of BTC, so the price might drop even further if china user are dumping hard.

you should have bought before the rise back in the days of cheaper bitcoin price of $600 and not now.

right now you only take risks and try to find the dips to buy in like the latest dip below 700 level and then sell above it to do it again and again as a day trader, if you are not a day trader then there is no need to ask buy and hold!

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November 04, 2016, 01:03:50 PM
 #20

I don't think it is a good time to buy BTC now, as China is the biggest market of BTC, so the price might drop even further if china user are dumping hard.
All the weak hands seem to have already shorted their bitcoins for loss and right now whales are trying to buy all remaining cheap coins slowly before making another wave of price pump. I think current price is good to buy at.
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