whoohoo what a dump, now great opportunity to get back in

[bamboylee]

As expected, it have risen so fast so it is just right that it will fall back. How low will it get is the question. But I think it is safe to o buy in this level, and if gets lower, then buy again. We know how much it can get high so we know how much we can expect from our investment.

[tiggytomb]

For the past week I was getting used to waking up and seeing the price a couple of hundred higher, bit of a surprise when I saw it had dropped so much this morning and all the alts as well.

Some would say his is now the time to stock up on coins before the traffic lights turn to green.

[stomachgrowls]

1800-1900$ is pretty possible in current moment. Just for one night bitcoin lost 400$ in it's price. I expect the drop can be even lower, like to 1500$. In this time all this slow transactions annoy me the most. I could cash out my coins yesterday, but my coins is still "awaiting deposit". I loose money in a short word.

What a unlucky transfer you had there mate. Slow confirmation of transactions is really a hassle thing when we do make buy and sell on bitcoin if we are really focusing up on its price movement. Sorry for your loss and its really part on the risk on engaging to bitcoin and also blame that slow confirmation if it push on the right time maybe you didnt lose some money as of now. This is the best or keeping an eye to the possible lowest low of the price of bitcoin before we decide to buy up again.

[hubballi]

What a massive dump on Bitcoin and altcoin, now is the opportunity to load up on bitcoin and altcoin, get ready for a new wave

1 think rebuying btc at about 1800-1900 usd

you think it will go lower?

who ever were waiting for low to come to rebuy this is good opportunity but then also i think only 25% will buy balance will wait for more down and then regret after it goes up.

[CyberKuro]

Just buy already and get done with it. If you are here for the long term then who cares if it goes lower. If you keep waiting for the perfect price you'll miss the boat. Look at the idiots that were waiting for $30 after the $1200 crash. They didn't buy and missed the $2700 rally.

Bitcoin always recover after correction, just like what we've been seeing all the time.
Every dip is a good chance to buy more cheaper bitcoin as holding for long term will give us many profits.
Because, we can't predict lowest price of bitcoin and it set at $1900-$2000 right now, maybe $1900 is the bottom line before it goes up again.

[cpfreeplz]

and altcoin, get ready for a new wave

Altcoins are purchased by morons. Morons that are trying to get more bitcoins. If bitcoins drop, so do altcoins because these morons are really bad at math and everything is based on bitcoin prices. If you look at how many bitcoins it takes to purchase a monero let's say, you'll notice the change is within a normal range. This is because they are all too derpy to understand that they should actually be worth more because bitcoins dropped. But they aren't. Why? Because this isn't there true value, it's just FOMO. Sell your alts, get back into btc and stay put.

[iamTom123]

It can get lower depending on the market movements but I am hoping it can stabilized along that level as it can be more acceptable for all. Now, indeed, it is time to buy your favorite coins as the price is much lower than days ago. My problem is just having no funds hehe. There is indeed an amazing growth ahead for Bitcoin and even the many altcoins we got in the many markets and exchanges.

[CanErik]

Hi;

I think this suffer not end yet, next dump might can be start tonight, as it is happened before. So, watch out.

Kind regards

[Dimelord]

What a massive dump on Bitcoin and altcoin, now is the opportunity to load up on bitcoin and altcoin, get ready for a new wave

1 think rebuying btc at about 1800-1900 usd

you think it will go lower?

I am betting on $700 to $850 range, before even thinking about a buy in.
Crypto seems to be following a stock strategy

https://en.wikipedia.org/wiki/Sell_in_May

Sell in May and go away is an investment strategy for stocks based on a theory (sometimes known as the Halloween indicator) that the period from November to April inclusive has significantly stronger stock market growth on average than the other months.

╥AztekPhoenix

Every one has the right to dream and i hope that your dream would never come to reality.So just wake up.

[BitcoinPanther]

For the past week I was getting used to waking up and seeing the price a couple of hundred higher, bit of a surprise when I saw it had dropped so much this morning and all the alts as well.

Some would say his is now the time to stock up on coins before the traffic lights turn to green.

I agree it is the best time to buy back since the price is quite stable at this point.  Probably it will go up again next week.  There is no reason for BTC to go down except if there are some whales cashing out.  Transaction confirmation was the problem for a long time, I doubt that would be the reason, besides there is coming good news for BTC, and the scaling solution is coming this year.

[Takuul]

Currently, it's on the level and range of ~2200 or so, I doubt a subsequent crash is imminent at this time, if the demand continue there is even probability of hitting $2500 or so soon, after that I can't even guess, it can continue rising as from the $1000 or fall like the previous rise.

[abubakrrali]

Buying bitcoins anytime soon is both risky and might be profitable, the trend seems so stressed to the degree... seeing it at $2000 for a while though IMO.

[tiggycomb]

I got on it a little while ago and made few bucks from a subsequent rise to 2200 USD, I am mostly surprised by the fact the price in exchanges is a little different "even more than before".

[pinkflower]

Just buy already and get done with it. If you are here for the long term then who cares if it goes lower. If you keep waiting for the perfect price you'll miss the boat. Look at the idiots that were waiting for $30 after the $1200 crash. They didn't buy and missed the $2700 rally.

Thats easier said than done. Im confident that a lot of BTC holders would give in and sell their coins, or maybe some of them if the wait becomes too long and unbearable. Especially if you see the other coins are moving without you.

[boyptc]

I don't think it will go lower, possibly the new floor price after $1,500 is now at $1,800. And if you want to get in again just buy now but look at the changes of the difference of all exchanges because I noticed that most of them have big gap with buy and sell. Don't miss it out for sure in the upcoming months will see new ATH.

No matter it goes below 1800 o 1500 or maybe even 1200$, this is an opportunity for you to buy cheap again and keep them save as it will surely rise back and those who collect it at low price would be the real lucky ones. Those who have missed the train this time, now is the time to grab it and enjoy the next ride of bitcoin.

No it will not going down at $1,200 instead of seeing the price to go down. I can say that it's very possible to see the price of bitcoin get back again. But of course for those low buyers, buy now while it is still not yet on $3k.

[sharedav]

I hate to associate the dump with down time of a lot of exchanges. There a lot of buy order cancels during the bounce back. It's a hit on the confident but in no doubt bullish days are ahead of us.

[Ayiranorea]

The price is expected to go as low as $1400, but the corrective factor gaining support makes the price to gain resistance and move towards the retaining of the lost price. As OP stated many feel it to be the best time to buy back for profiting, but in reality rather than buying most users have sold their bitcoin holding on panicking.

[Ludwish]

I hate to associate the dump with down time of a lot of exchanges. There a lot of buy order cancels during the bounce back. It's a hit on the confident but in no doubt bullish days are ahead of us.

Coinbase said it has 40,000 new customers every day. They will push up the price later.

[Gilboa]

I wouldn't be surprised to see it drop further.

Who's up for another 3 year bear market?

[error08]

What a massive dump on Bitcoin and altcoin, now is the opportunity to load up on bitcoin and altcoin, get ready for a new wave

1 think rebuying btc at about 1800-1900 usd

you think it will go lower?

Bitcoin recover faster than what we thought, and it dip around $1800  if I'm not mistaken.
Until today the price still hold on $2000  although it goes up and down quickly due to daily traders buy and sell to get profits.
I don't know whether bitcoin will go down any further but we expect it should increase again because new adopters and some companies has accepted bitcoin such as in Japan and South Korean recently.