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Author Topic: Another opportunity to buy Bitcoin at Cheap price  (Read 4776 times)
Idrisu
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July 16, 2017, 06:15:17 AM
 #1

Many traders are selling off their Bitcoin because of what will probably happen on August 1. https://coindesk.com market index show Bitcoin trading below $2000 I think this is the best time to buy as the dump is see to be over at the moment. Having been following crytocurrency for quite some time now I see this as another way of dumping bitcoin lower so the professional and skillful traders to buy low and take profit when the price get to $2800. For your information, nothing serious is going to happen August 1.

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July 16, 2017, 06:21:48 AM
 #2

Today is the opportunity to buy a cheap bitcoin and i think the price will drop down a little bitcoin but there are still supporters keep increase the value to be stable in 2k value just look at the fluctuate i saw the price yesterday that the price is below 2k and the price was increase back again in 2k value..
People are just afraid what will happen in august 1 they don't know actually they are doing. well its my bitcoin they can do anything that they can do with their own bitcoin but expect you just lose opportunity to make a good profit this coming august.. after upgrade we will see the good improvement for bitcoin that i think it can increase the price more high.. The price today is actually really cheap..  so i think this is the time to buy bitcoin.

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July 16, 2017, 07:05:13 AM
 #3

Well, the recent decline in the market value of Bitcoin  really provide an avenue for serious investors to venture their capital for sooner or later, the market value of Bitcoin will increase and those who invest will start counting their profit. Although am of the believe that we should apply what I call " wait and see approach " this is because as we get closer to 1st August meeting the market value of Bitcoin will decline as a result of fear of what the outcome of the meeting would be.

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July 16, 2017, 08:11:10 AM
 #4

Today can be the best time to buy Bitcoin but if after buying the value will further go down then it can be leaving a bitter taste in your tongue. Since we can not influence the whole market to stop panicking and stop unloading their Bitcoin to the market, the best thing to do is to wait for some days especially towards August 1.

Come August 1 and nothing serious has occurred, everybody can be on a great buying mode. Maybe two days before August 1 is the best time to buy, that is my opinion only, anyway as I am not an expert on anything.

The cryptocurrency market is one of the most unpredictable beasts there can be most especially at this stage where there is a great apprehension and fear walking on the market.

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July 16, 2017, 08:15:23 AM
 #5

Yet another buying opportunity comes, and yet another one I have to let go! In fact am about to sell a little now as my regular bills come up. August is still two weeks away. We're going to be in for a really wild time till then. And then an even wilder August. 2017's really turning out to be exciting, isn't it?

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July 16, 2017, 08:16:43 AM
 #6

today things are getting very interesting actually in bitcoin market.
many traders always said below $2000 is hard and not going to hold and it is a good opportunity to buy. and today I keep seeing the same thing in topics like this and other comments also.

the interesting part is seeing how it will last below $2000 and how many are actually acting on it and buying BTC at this price.

I am also mostly interested to see how things in the following weeks turn out to be like. when in 5 days the SegWit real signaling starts and we can see if the real >90% support is going to signal or not. and how that will affect price.

... this is history in the making and we are witnessing it first hand. this is not the first time this type of trend happened and it won't be the last one either

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July 16, 2017, 08:22:53 AM
 #7

I was ylthinking about the same point
And I saw this thread.

I would collect fiat first and jump here, it is week end now,... it will take time.
I buy BTC, yes it is cheal.
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July 16, 2017, 08:30:57 AM
 #8

Yes. this is definitely a perfect buying opportunity for most of us. I remember that there are a lot of members that's complaining that bitcoin is too expensive now to buy. Well the price is really tempting so I advise others to get while bitcoin is still "cheap" with its current price. The Segwit2x activation really put a lot of investors worried as we all know. But if you are here for long term investment then its good to buy back bitcoin again. Because I speculate that the price will rise once Segwit2x activation is successful.

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July 16, 2017, 08:50:37 AM
 #9

Yes, This is true. As we can see, Bitcoin's value has dropped quite a bit due to the fact that people are afraid of what August 1 holds in store for us. As a result, people quick sell their bitcoins and are not quite sure of what they are doing. Personally, I am going to invest a bit more into the bitcoin network in the coming days before August 1 as we will surely see prices drop even further. We will probably see bitcoin's price drop to around 1700 USD by the end of July, which is prime time to buy. However, there are also problems with buying bitcoins at this time: If too many people buy, that might cause prices to become unstable and do something bad later on. I guess we will have to wait and see...
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July 16, 2017, 08:52:36 AM
 #10

Yes. this is definitely a perfect buying opportunity for most of us. I remember that there are a lot of members that's complaining that bitcoin is too expensive now to buy. Well the price is really tempting so I advise others to get while bitcoin is still "cheap" with its current price. The Segwit2x activation really put a lot of investors worried as we all know. But if you are here for long term investment then its good to buy back bitcoin again. Because I speculate that the price will rise once Segwit2x activation is successful.

What you are telling is true but if the Segwit2x is failed then they will do hardfork next which will split the bitcoins and then which bitcoin network is stable that will capture the market , so that is why the users are afraid of it and their is also good chances of the Bitcoin price going down if that happens.
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July 16, 2017, 02:34:26 PM
 #11

I dont think now is the best time to buy because the price of bitcoin will go more down and touch $1500-$1600 and that will  be a good time to buy.
Traders make their profit at any circumstances. The price of bitcoin will obviously go up after the fork and till then the price will keep on decreasing .
So wait a week or 10 days and then buy as much btc as you can and then hold it for a longer period to earn great profit from it. i sold my btc today at $2000 and will surely buy them back when they reach $1500 .














 

 

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July 16, 2017, 02:57:02 PM
 #12

The usual price of BTC would still be way lower than this.  It's been mental since it passed $1000.

If you look at the chart (go to the 1 year chart), you can see that it goes off the rails as of December 2016 basically.  After that it's just a series of unnecessary rallies and merchant adoption hasn't backed them up IMO.  We can all say "they're recognising BTC!" but in every bull market we say the same thing, and in reality these things happen more gradually.

We haven't seen the real blood yet.  If there's a proper bear market, the bottom could go under $1000.  If we're still in a bull market after SegWit activation, we could retest the ATH for sure, but I'd rather we didn't.  These price movements just aren't healthy.

Glad to see ETH finally getting its comeuppance though.

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July 16, 2017, 03:20:31 PM
 #13

This is indeed an another opportunity to buy cheaper bitcoins but for now seeing on the current price i do really feel that it would go more lower and we are already seeing it. Its still gradually decreasing as of now and im waiting for the right time for its bottom price wait until it rebound back but for sure this thing will be only after August 1 event.



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July 16, 2017, 03:26:28 PM
 #14

bitcoin movement price always be interesting to followed because sometimes there is unpredictable results for the price itself and maybe there is a possibility after august 1 the price of bitcoin will be so high and for those who takes this opportunity with buy bitcoin at cheap price i can't imagine the profit would they get so although this is very risky but indeed it does cross in my mind to buy with the current price

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July 16, 2017, 03:33:22 PM
 #15

bitcoin movement price always be interesting to followed because sometimes there is unpredictable results for the price itself and maybe there is a possibility after august 1 the price of bitcoin will be so high and for those who takes this opportunity with buy bitcoin at cheap price i can't imagine the profit would they get so although this is very risky but indeed it does cross in my mind to buy with the current price
I love this behavior of Bitcoin. Right now the Bitcoin market so much violates and past few hours quickly downwards. In the case, people will be buying more Bitcoin though risky. Hardly believe it will overcome.

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July 16, 2017, 05:05:45 PM
 #16

Bitcoin has fell below $1900 and though it will still pull back we most start buying so that we would not be part of those that will be cry "I could have bought bitcoin in July 2017 when the price was below 2000 dollars”. The right time to buy is now and we most not loss this opportunity.


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July 16, 2017, 05:19:28 PM
 #17

The one who have placed buy orders below $2000 can easily get upto 50% profit in short term while the one who got panic with news about possible hardfork on august will regret for selling their coins cheap.  Grin

Price might recover quicker than the rate at which it had dumped within next few days near the date of segwit activation.

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July 16, 2017, 05:45:43 PM
 #18

I couldn't sold my bitcoins when price was over 2700$ but I don't have any regrets about that because now I can buy more bitcoins at cheap rate with all fiats I have in my hand.  Wink

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July 16, 2017, 06:13:58 PM
 #19

I couldn't sold my bitcoins when price was over 2700$ but I don't have any regrets about that because now I can buy more bitcoins at cheap rate with all fiats I have in my hand.  Wink
Good for you that you are not having any regrets,you could have earned a healthy profit if you could sell at $2700 and buy back everything below $2000 Tongue ,if you could collect more coins then it is well and good as the future is really good if everything settles down.

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July 16, 2017, 06:51:53 PM
 #20

I dont think now is the best time to buy because the price of bitcoin will go more down and touch $1500-$1600 and that will  be a good time to buy.
Traders make their profit at any circumstances. The price of bitcoin will obviously go up after the fork and till then the price will keep on decreasing .
So wait a week or 10 days and then buy as much btc as you can and then hold it for a longer period to earn great profit from it. i sold my btc today at $2000 and will surely buy them back when they reach $1500 .
You got a strong point there! There are still some days left to August 1st and FUD is still much in the air, suggestng further bearish pressure cannot be ruled out. Nevertheless Bitcoin have thrown up good enough weight and $2000 can rightly be said to be a psychological level where we can start to see some support reaction. In the light of that, position sizing would be a perfect approach here, buying only after every $250 or so further drop in price.
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