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babsalt1975
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May 26, 2017, 08:34:07 AM |
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This is the best time to sell for those who have been holding their bitcoin for a long time. This is the time for them to make a killing because the patience has finally paid off. I only regret why i sold my 10 btc when the price was around $250. I could have been a millionaire as we speak.
I would not advise anyone to buy any bitcoin right because the price seems to be on a strong upward trend. It will be wise to wait a little until goes down-which most unlikely-before you buy.
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NorrisK
Legendary
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Activity: 1946
Merit: 1007
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May 26, 2017, 08:34:36 AM |
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Short term I wouldn't buy at this moment indeed. There is a real possiblity of a bigger correction.
Long term, you are probably safe to buy. The price will be higher than this in the coming years. There is too much going on and too much new capital flowing in at the moment.
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paul gatt
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May 26, 2017, 08:35:44 AM |
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Some says that bitcoins price today is still cheap because they predict that it will reach $10,000.00 or more than that. So buying them now is still a good decision.
Of course, if to compare with 10 000$ - 2000$ don't seem so big anymore. But to me Bitcoin was expansive and in the lest year with 200$ price. So I just don't pay attention on such sayings like "Buy cheap bitcoins now!" Why do we compare $ 10,000 and $ 2,000? That's a big difference, and bitcoin certainly will not be able to reach $ 10,000, at least within the next 3 years, it will not happen. We should look at the fact, bitcoin from $ 1200 and increase fast, to $ 2,800, that's a good thing. |
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Janation
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May 26, 2017, 08:37:06 AM |
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I agree, Buying BTCs at this price isn't working, just wait until it crashes
I think it will be in a matter of now or never, we will never know when or how the price of bitcoin will pump, but we all know that if we hold it for a long time, there will be a profit. I think we must take advantage of these dump, we must take the risk so we can have some profit. And I think this price is okey for me to buy one, though, I don't know if it will still or pump. |
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andyf
Newbie
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Activity: 68
Merit: 0
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May 26, 2017, 08:42:54 AM |
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As NorrisK and others said... If you want to buy and hold, buy now what you can and hold it long-term. On average this is the best strategy. There might be a bigger correction coming, there might be another global recession coming (which could mean people would pump money out of crypto). But crypto is not going to disappear and in long-term the price will most likely go up in tenfolds. Do something else if you want to gamble  . |
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BossMacko
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May 26, 2017, 08:49:12 AM |
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I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive   . If you owning Bitcoins or thousand satoshis, consider yourself lucky! It is still worth it if you buy Bitcoin at its current price just hold it for a long time, another option is patiently waiting for a mass dump then buy all the Bitcoin that you can afford and wait for the price to go back to its current price today or higher price. Whatever option you choose you'll profit anyway. |
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Blackdeath
Sr. Member
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Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
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May 26, 2017, 08:54:16 AM |
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I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky! Buying them and also altcoins now isn't too late as more pump may come as the remaining supply decreases. I don't consider myself as lucky in holding bitcoin as way back before, I see it's future and it's not a matter of luck. |
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ZzV1Finn
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May 26, 2017, 08:54:40 AM |
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I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky! It is still worth it if you buy Bitcoin at its current price just hold it for a long time, another option is patiently waiting for a mass dump then buy all the Bitcoin that you can afford and wait for the price to go back to its current price today or higher price. Whatever option you choose you'll profit anyway. Yes, you can invest in bitcoin at any time and then from the price movement it will depend on how long to place the investment in order to get the optimal profit. |
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WilliamStanton (OP)
Newbie
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Activity: 26
Merit: 0
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May 26, 2017, 08:57:36 AM |
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...
"The Ten Thousand Things rise and fall without cease."
- Lao Tze, approx. 500 BC
IMO there is no doubt that we will get a hard correction in the near future. Note "correction", I believe that as BTC catches on in more of the world the price will continue to has its typical volatility up and down.
I agree with BOTH points I have read above:
1) BTC may have another of its steep declines (60% or more very possible), and it could be very soon
2) In the long-run, BTC price marches ever upwards with the hard bumps along the way
If you buy BTC for over $2000, you need to be psychologically prepared to watch it go to $1000 or even less. Of course, that would probably be a good time to buy at $1000...
Think longer-term if you but BTC at these levels.
Thanks, I am just going to wait for the day it crashes |
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carlfebz2
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May 26, 2017, 09:07:42 AM |
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I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky! Regretting cant really be avoided because we don't really know on the things might happen ahead and I do like btc too and I love to buy but now buying as a whole seems really impossible as of now on its recent price and you are right we are lucky enough even we can buy or accumulate thousands of satoshis as of now and they are already valuable. |
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kelceyott
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May 26, 2017, 09:10:49 AM |
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I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky! Regretting cant really be avoided because we don't really know on the things might happen ahead and I do like btc too and I love to buy but now buying as a whole seems really impossible as of now on its recent price and you are right we are lucky enough even we can buy or accumulate thousands of satoshis as of now and they are already valuable. Sure, if we anticipate what will happen in the future, I believe we will be more difficult, because then everyone will understand and wait, and so bitcoin will not be able to. Developed in the market, and it never grows, bitcoin will not reach high value. |
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WilliamStanton (OP)
Newbie
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Activity: 26
Merit: 0
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May 26, 2017, 09:14:47 AM |
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I agree, Buying BTCs at this price isn't working, just wait until it crashes
I think it will be in a matter of now or never, we will never know when or how the price of bitcoin will pump, but we all know that if we hold it for a long time, there will be a profit. I think we must take advantage of these dump, we must take the risk so we can have some profit. And I think this price is okey for me to buy one, though, I don't know if it will still or pump. I just don't think that now is the right time to purchase, what will happen if buy now at the current price and wake up tomorrow to find out that the price is now $1200 or in the coming week. The price is definitely going to fall, even if it's not now but soon. This is not happening for the first time |
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pinggoki
Sr. Member
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Activity: 1470
Merit: 415
★Bitvest.io★ Play Plinko or Invest!
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May 26, 2017, 09:21:00 AM |
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I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky! I think in the end of this month the price could reach $ 4000. So to buy bitcoin is currently the right choice. Nope $4,000 by the end of this month is too much, I think maybe it could hit $3,000 soon but don't think it would happen by the end of this month but who knows maybe it could. No, by the end of the month, it can only reach up to 3000, and in the summer a significant drawdown of the price is possible. You can buy now only for long-term investments. Yeah I think so however buying bitcoins now isn't the right choice because of its quite high value. If you want to buy bitcoins you should wait until its price goes down like yesterday. The luckiest is the person who bought a lot of bitcoin when its price is only 100 $ and hold it for a long time. |
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Dhimas Kanjeng
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May 26, 2017, 09:21:59 AM |
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Yes true and I agree, buy bitcoin never loss, the prices always go up so make us always get profit, I'm sure, the price a month again will reach more than $4000. Buy bitcoin is the best investment.
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bitcoinisbest
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May 26, 2017, 09:25:27 AM |
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Yes true and I agree, buy bitcoin never loss, the prices always go up so make us always get profit, I'm sure, the price a month again will reach more than $4000. Buy bitcoin is the best investment.
Buying when the bitcoin price is at high is not advisable especially when there is no special reason for the price movement. Its more about speculation and making investment at this point is not really a good reason. Chances are that it may crash and your investment may gone down significantly in bitcoin. SO think and invest because you can always buy at lower price once its goes down. |
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szpalata
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May 26, 2017, 10:09:58 AM |
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It's better late than never, I think the prices at this current rate is bound to climb further heights so even if it's too espensive at the moment you are likely to make your ROI in no time so keep faith and invest in Bitcoin and you'll be rewarded at the right time.
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deisik
Legendary
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Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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May 26, 2017, 10:54:54 AM |
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I would not advise anyone to buy any bitcoin right because the price seems to be on a strong upward trend. It will be wise to wait a little until goes down-which most unlikely-before you buy.
In fact, this is an awfully wrong approach If you don't know anything it is better to buy when the price is rising. And it is a long established trading wisdom proved by many generations of successful traders ("trend is your friend"). Purely statistically, if the price is rising, it has more chances to continue rising than revert at this very moment. On the other hand, if you start buying when the price is going down, the price will likely continue plummeting, and you may well end up doing what is otherwise known as "catching falling knives" Think longer-term if you but BTC at these levels.
Thanks, I am just going to wait for the day it crashes It's easy to be wise after the event and in hindsight |
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lighpulsar07
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May 26, 2017, 11:24:13 AM |
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Yes true and I agree, buy bitcoin never loss, the prices always go up so make us always get profit, I'm sure, the price a month again will reach more than $4000. Buy bitcoin is the best investment.
Buying when the bitcoin price is at high is not advisable especially when there is no special reason for the price movement. Its more about speculation and making investment at this point is not really a good reason. Chances are that it may crash and your investment may gone down significantly in bitcoin. SO think and invest because you can always buy at lower price once its goes down. i agree with with you buying bitcoin at the current state is not advisable because anytime soon like what happened today, bitcoin can crash again you will lose your money. it's better to buy bitcoin after the correction the only problem is according to article, 2 things might happen bitcoin can crash to 1750 because of correction or bitcoin could rise after the crash and reach $6000. but the current situation is more likely bitcoin price is recovering. |
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DoublerHunter
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May 26, 2017, 12:45:01 PM |
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Yes true and I agree, buy bitcoin never loss, the prices always go up so make us always get profit, I'm sure, the price a month again will reach more than $4000. Buy bitcoin is the best investment.
Buying when the bitcoin price is at high is not advisable especially when there is no special reason for the price movement. Its more about speculation and making investment at this point is not really a good reason. Chances are that it may crash and your investment may gone down significantly in bitcoin. SO think and invest because you can always buy at lower price once its goes down. i agree with with you buying bitcoin at the current state is not advisable because anytime soon like what happened today, bitcoin can crash again you will lose your money. it's better to buy bitcoin after the correction the only problem is according to article, 2 things might happen bitcoin can crash to 1750 because of correction or bitcoin could rise after the crash and reach $6000. but the current situation is more likely bitcoin price is recovering. I also read that article and i think that we should be on a 50-50 for that article because nothing can be perfect and that article is not that 100% sure to be obey so i think it is better to just buy 50% from your money into bitcoin and keep the another 50% for the buy back at the correction price so you will not be regretting anytime soon. |
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olushakes
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May 26, 2017, 12:49:25 PM |
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I love BTC, I want BTCs, but buying them now, at this price, it won't work..too expensive . If you owning Bitcoins or thousand satoshis, consider yourself lucky! If there is anything that I know of is that I joined into the world of crypto when the price of 1btc was below $1000 and at that time people still believes its too expensive to buy then gradually to what we have now and people won't still buy like you. The point is that whether the price crash today, those who won't buy will not. Just know that no pain no gain. |
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