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Author Topic: is this bitcoin bubble ever going to burst  (Read 1705 times)
Xcandol
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May 09, 2017, 10:31:45 AM
 #1

Guys I sold out and sold my soul, not sure if I should buy back in now or wait for some consolidation ? Any advice would be appreciated. Is there even going to be correction ?
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May 09, 2017, 10:33:53 AM
 #2

Could be a good bet, but I only sell few bubbles later around 2030 Wink
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May 09, 2017, 10:35:22 AM
 #3

I wish it did! Grin

So i could buy more cheap coins! Now because everyone out there thinks like me, the answer is no. No more free money again. I know this is sad.

Btw, if everybody keeps buying then it also means that it is not a bubble but a healthy growth. Which is way more important. Because bubbles always burst.

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May 09, 2017, 10:36:24 AM
 #4

Guys I sold out and sold my soul, not sure if I should buy back in now or wait for some consolidation ? Any advice would be appreciated. Is there even going to be correction ?

Maybe yes Maybe no.

Honestly this is challenge when investing some money in bitcoin. You must face all the possible risk whatever it is. No one knows the accurate thing to happened in the future.

If you have guts to buy back now, then do it. If on doubt, then don't. It will be your only decision and to avoid blaming others if the wind blows outside.

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Xcandol
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May 09, 2017, 10:40:52 AM
 #5

my balls are large full of juice...and i wont blame anybody...reinvest it is...thanks
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May 09, 2017, 10:55:30 AM
 #6

I'm not buying any right now, got a decent stash of coins I've been HODLING in cold storage for years. If this crashes to anything around $1000 though I'm loading up again.

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May 09, 2017, 11:19:45 AM
 #7

Never go full fiat! But if it freaks you out to buy back in, just buy a small percentage of what you did have to avoid having nothing. It's likely that we'll see a small correction after the US ETF is rejected (again) but no one knows.

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May 09, 2017, 11:43:07 AM
 #8

Guys I sold out and sold my soul, not sure if I should buy back in now or wait for some consolidation ? Any advice would be appreciated. Is there even going to be correction ?

Off course there will be a price correction,but we can`t predict when.
I think that it`s better to wait for a few days before we start buying.
I made the same mistake(sold my soul) Grin.
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May 09, 2017, 01:02:29 PM
 #9

Well i guess it is a long way to go that we will going to see that the price of bitcoins would fall down so drastically .It is quite evident that the price of bitcoins have been hiked due to its adoptation in japan,on the other hand the price of bitcoins would be more if the price of bitcoins is being adopted in 2 or 4 of the developed nations.

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May 09, 2017, 02:21:47 PM
 #10

Guys I sold out and sold my soul, not sure if I should buy back in now or wait for some consolidation ? Any advice would be appreciated. Is there even going to be correction ?

If you sold out, why do you want to buy at these levels? I presume you must have booked profits.
Wait for a correction which will eventually happen. Don't let FOMO consume you.

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May 09, 2017, 02:27:00 PM
 #11

Probably, but when the prices are one or two orders of magnitude higher than the current ones.

As I said previously, Japan itself could rise the price at least by one order of magnitude in a natural growth, they have the money and are tech savy enough to make Bitcoin an ideal investment for them. There are few bitcoiners right now and too many potential investors, so we are nowhere close to a bubble or saturation. Even places with a destroyed economy like Venezuela are adopting Bitcoin in some manner

I would worry more about not losing my Bitcoins than with a future bubble


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May 09, 2017, 02:33:52 PM
 #12

I wish it did! Grin

So i could buy more cheap coins! Now because everyone out there thinks like me, the answer is no. No more free money again. I know this is sad.

Btw, if everybody keeps buying then it also means that it is not a bubble but a healthy growth. Which is way more important. Because bubbles always burst.

Exactly. Don't be fooled by the price. Its a healthy and steadily growth and not a bubble at all. Well the price is driven by exuberant market behavior specially by the Japanese, but the price surge is not sudden, as compare to 2013 bubble. And to the OP, since you sold out already, just wait for the correction to take place before getting a piece of bitcoin again. Although we can predict when the correction will happen. I can also speculate that if there is a correction, it still likely above $1000.

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May 09, 2017, 02:40:08 PM
 #13

I would the safe thing if I were you. I'll buy in half of my money now and the other half, reserved if ever there is a correction later. This way I will not lose my mind if suddenly the price surges or the bubble pops. I'll have them both covered. It may not be the most profitable but the safest way to invest.

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May 09, 2017, 02:40:57 PM
 #14

Guys I sold out and sold my soul, not sure if I should buy back in now or wait for some consolidation ? Any advice would be appreciated. Is there even going to be correction ?
my balls are large full of juice...and i wont blame anybody...reinvest it is...thanks

dude stop gambling. this market is not going to be kind to gamblers at all. you will definitely lose a lot of money if you continue gambling with price instead of making logical decisions for trading.

and stop asking others, we will always tell you what we like to happen not what will happen Wink

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May 09, 2017, 03:02:09 PM
 #15

I think its not a good idea that you sold your bitcoin since the price increase from these days its because in japan that bitcoin was legalized..
That is why the price i think it can be stay longer and more price increase will come these coming days or weeks because of this good news..

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May 09, 2017, 03:10:38 PM
 #16

Guys I sold out and sold my soul, not sure if I should buy back in now or wait for some consolidation ? Any advice would be appreciated. Is there even going to be correction ?
The road to 2000$ is finally here and it will going to happen in just few days. Be ready on it.
You should buy btc right now cause it will defitely going on that price,before its too late.

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May 09, 2017, 03:27:48 PM
 #17

I think its not a good idea that you sold your bitcoin since the price increase from these days its because in japan that bitcoin was legalized..
That is why the price i think it can be stay longer and more price increase will come these coming days or weeks because of this good news..


I agree with you that this boom of bitcoin is healthy and in this boom the main reason is of Japan legalizing it and one more reason is that ETF approval decision of accepting it or not, if the ETF approval is rejected then i think we can see a small correction but not much high so selling right now is not good.

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May 09, 2017, 03:49:17 PM
 #18

a bubble first has to shape up and then pop. you have not yet seen a bubble my friend.
today it seems like a lot of new money came into the market and cause some rising. probably it is partly because of all the dumps in the altcoin market and the fact that traders are leaving that market to come back to bitcoin.


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May 09, 2017, 04:14:24 PM
 #19

Whether or not you think this run is a bubble or not, there will be a correction. Right now though, with $2000 well in sight, FOMO is in full effect. Just have your fiat ready on deck so that when that correction comes, you'll be prepared for the opportunity.
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May 10, 2017, 08:16:56 AM
 #20

I think its not a good idea that you sold your bitcoin since the price increase from these days its because in japan that bitcoin was legalized..
That is why the price i think it can be stay longer and more price increase will come these coming days or weeks because of this good news..


Yes, because of the legalization of its price will only grow and if in the near future it will take in another country, you can be sure of stable growth for several months.
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