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Author Topic: Will bitcoin rise or fall? CONFUSED  (Read 4217 times)
hassanabid (OP)
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July 16, 2017, 05:26:46 PM
 #1

today i sold my bitcoins because the bitcoin is droping day by day,, dont know when it will rise again, i want to know what is the good time to buy bitcoin??
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dquancey
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July 16, 2017, 05:29:02 PM
 #2

Learn to read the markets. It takes time but once you manage to understand whats going on, you can understand better.

You won't get it right 100% of the time, but at least you can look at potential support/resistance and turning points.

In my opinion, it'll likely go further down. But I'm no expert  Wink
hassanabid (OP)
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July 16, 2017, 05:36:52 PM
 #3

Learn to read the markets. It takes time but once you manage to understand whats going on, you can understand better.

You won't get it right 100% of the time, but at least you can look at potential support/resistance and turning points.

In my opinion, it'll likely go further down. But I'm no expert  Wink

yes but the main problem is that the stories are telling the bitcoin may also crash  here see the the article

https://bitcoinmagazine.com/articles/bitcoin-beginners-guide-surviving-bip-148-uasf/

This make me so confuse should we go to deposit btc or not
arpon11
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July 16, 2017, 05:39:29 PM
 #4

There is a strong support level at $2900 andif that support level is broken then expect it to fell to below $1500 before rebance again. You should also familiarise your self with what is about to happen on August 1 which is creating great confused to traders and investors alike. This is the best time to buying cheap again.
hassanabid (OP)
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July 16, 2017, 05:42:48 PM
 #5

There is a strong support level at $2900 andif that support level is broken then expect it to fell to below $1500 before rebance again. You should also familiarise your self with what is about to happen on August 1 which is creating great confused to traders and investors alike. This is the best time to buying cheap again.

and what if it crashes to zero?
dissident
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July 16, 2017, 05:43:36 PM
 #6

Don't panic sell during dips.. wait for the bounce. I admit it takes balls of steel and experience to do this. In any case you'll be fine, BTC is headed down to the $1500 range.
The End Is Neigh
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July 16, 2017, 05:44:13 PM
 #7

2 days ago you should have sold if you weren't in for the long haul. If you wait too long you'll be buying back at 2500-3000.
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July 16, 2017, 05:44:31 PM
 #8

today i sold my bitcoins because the bitcoin is droping day by day,, dont know when it will rise again, i want to know what is the good time to buy bitcoin??

Hard to predict the price of bitcoin. The price fluctuates very often. Specially with the current situation. I can't blame you for selling your bitcoin because the price is sinking. You haven't been here for the long time but if you look at the price of bitcoin, a crash would result in a price increased in the future. The good time to buy bitcoin is when the price is low, I advise you to buy if you have money to like $1500. But I don't know if bitcoin can reach that price though.









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maku
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July 16, 2017, 05:45:27 PM
 #9

Some potential reasons behind Bitcoin current low price:

1. We have many people who are not comfortable in holding bitcoin because of August 1st due date.
2. Overall uncertainty about Bitcoin road map and debate how future updates can influence bitcoin.
3. Because bitcoin growth and acceptance we had a high number of new users joining the hype train, these people might dump their coins at first sign of uncertain future.
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July 16, 2017, 05:45:48 PM
 #10

You shouldn't have sold your bitcoins. Just to get them safe by keeping private keys offline. I would recommend reading this guide regarding to your concerns: https://bitcointalk.org/index.php?topic=2012799.0
However, price falls and rises are really confusing.
hassanabid (OP)
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July 16, 2017, 05:46:39 PM
 #11

2 days ago you should have sold if you weren't in for the long haul. If you wait too long you'll be buying back at 2500-3000.

it took time for me to understand the predictions for bitocoins , i had loss 25$ due to btc drop
hassanabid (OP)
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July 16, 2017, 05:49:23 PM
 #12

Some potential reasons behind Bitcoin current low price:

1. We have many people who are not comfortable in holding bitcoin because of August 1st due date.
2. Overall uncertainty about Bitcoin road map and debate how future updates can influence bitcoin.
3. Because bitcoin growth and acceptance we had a high number of new users joining the hype train, these people might dump their coins at first sign of uncertain future.

 thanks for you r opinion  Smiley this really help me to understand the situation right now
joebrook
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July 16, 2017, 05:53:20 PM
 #13

2 days ago you should have sold if you weren't in for the long haul. If you wait too long you'll be buying back at 2500-3000.

it took time for me to understand the predictions for bitocoins , i had loss 25$ due to btc drop
Its causing losses everywhere especially those who bought bitcoins during April and May, they are taking lots of losses with the deep plunge thats happening now, it will rise up but the big question is when will it be.

 
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hassanabid (OP)
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July 16, 2017, 06:11:00 PM
 #14

2 days ago you should have sold if you weren't in for the long haul. If you wait too long you'll be buying back at 2500-3000.

it took time for me to understand the predictions for bitocoins , i had loss 25$ due to btc drop
Its causing losses everywhere especially those who bought bitcoins during April and May, they are taking lots of losses with the deep plunge thats happening now, it will rise up but the big question is when will it be.
yes its the main thing, i have seen some aticles it seems that it will come to $1500 and then bounce back up
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July 16, 2017, 06:32:54 PM
 #15

Bitcoin prices will definitely be soaring. At this point there is hardly any going back for BTC and other crypto currencies. Almost daily more and more countries and companies and announcing that they are moving to accept bitcoin. This will push the price up because as the demand increases the price will go up. There are also emerging technologies that are driving this increase. I have discussed the Future of Bitcoin on my blog where I cover those technologies and more of why BTC will rise
hassanabid (OP)
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July 16, 2017, 06:42:13 PM
 #16

Bitcoin prices will definitely be soaring. At this point there is hardly any going back for BTC and other crypto currencies. Almost daily more and more countries and companies and announcing that they are moving to accept bitcoin. This will push the price up because as the demand increases the price will go up. There are also emerging technologies that are driving this increase. I have discussed the Future of Bitcoin on my blog where I cover those technologies and more of why BTC will rise

yes now companies in bulk are accepting bitcoins.
hope so it will rise soon
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July 16, 2017, 06:45:58 PM
 #17

The only guarantee is that BTC prices will fluctuate. Anyone claiming to know otherwise is a fool.

And my other favorite cliché: Be greedy when others are fearful, and fearful when others are greedy.

hassanabid (OP)
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July 16, 2017, 06:50:24 PM
 #18

The only guarantee is that BTC prices will fluctuate. Anyone claiming to know otherwise is a fool.

And my other favorite cliché: Be greedy when others are fearful, and fearful when others are greedy.

yes i totally agree with you man
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July 16, 2017, 06:56:25 PM
 #19

I think we have to reach the Complacency fase first, but who knows.
hassanabid (OP)
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July 16, 2017, 06:59:48 PM
 #20

I think we have to reach the Complacency fase first, but who knows.

yes who knows !!
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