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Author Topic: Should I stop Buying BTC?  (Read 17810 times)
Tmnt581 (OP)
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September 14, 2017, 08:27:39 PM
 #21

That's good advice. Thanks aardvark15.
Cloud27
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September 14, 2017, 08:31:07 PM
 #22

In trading the best day to sell is on Friday and the best day to buy is on Monday. The old traders called it the Monday Effect. I need to wait on Monday to prove the validity of this theory or it does not apply in the current crypto currency dip.
ahmad21
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September 14, 2017, 08:32:51 PM
 #23

I really wont say you to stop buying BTC instead just hold a little see if its not falling anymore and then buy it. This is once in a life time oppurnutity to buy bitcoins at such a cheap price. This currency as we all know is surely going to hit charts in long term. Dont be afraid of losing small amounts of money. Just see if the price stabilizes and then buy immediately.
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September 14, 2017, 08:34:42 PM
 #24

i wanna buy at $3000  Cool

or lower ?
susila_bai
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September 14, 2017, 08:36:03 PM
 #25

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?

I think you think about starting to buy. Drops like this are opportunities to get Bitcoins at a cheaper price. I wouldn't have bought Bitcoins at $5000 or even $4000. I won't buy any now unless the price drops below $3000 but you could consider starting to buy now if you have the money available to invest.

Always buy on a drop and ad the bottom if you can but we don't know where that will be yet. If you start buying now, you're at least getting Bitcoins at about a 35% drop from the peak so you're getting a bit of a discount on the price.

Only buy if you think the price will recover of course. You can always buy some now and wait for the price to drop more and buy more later if it does.

What you said is correct only buy if you have faith in bitcoin and can wait for some time. China is pouring all bad news it can to drop the price and i think that it is finding the support and we can see the price moving upwards.
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September 14, 2017, 08:40:06 PM
 #26

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?
No one can tell when exactly bitcoin will start gathering momentum for the next upward movement. In recent time bicoin has surfer a significant lose from $4,800 down to $3, 800 all as a result of ICO ban in China. It will not be too bad if buy at this time. But don't invest all your capital, but some thing you can part with.
This is just not about the ICO ban in China. Regulatory bodies in China are trying to ban exchanges. BTCC is going to stop its exchange service after 30th. Chinese investors are now trying to exit and secure their funds.

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September 14, 2017, 08:46:01 PM
 #27

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?

For now yes you can stop buying it because market is reacting in a negative way after the Exchange in China have started to shutdown. This would be a signal that other countries may soon follow it and thus the prices are going to slash in a big way in coming time.


I actually don't think a lot of countries will follow China's footsteps. China is pretty isolated from the world in terms of markets -- I think their goal is to be the number one nation in terms of wealth and power. They want to keep people trading within their country and they want tax money. Bitcoin avoids this for the most part which is why I think China is cracking down so heavily on crypto.

This area is up for grabs! PM me if you're interested.
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September 14, 2017, 08:48:00 PM
 #28

I think it is another sell panic. In a week or two, everything will stabilize. Don't panic and hold your BTC
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September 14, 2017, 08:51:50 PM
 #29

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?
No one is going to sell you bitcoin at its current value, we all want to earn some so it is not rare to have to pay 1% to 5% above spot price, at the moment bitcoin is going down in price but while some are panicking and selling their stash you need to hold and if possible to buy even more bitcoin.
ynatopak14
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September 14, 2017, 08:52:03 PM
 #30

i JUST bought some bitcoin a while ago like less than an hour Smiley did you see the value of bitcoin was at 3230 USD?? well that was the time to buy in for some good return .. as you see in just 24 hours the bitcoin reduces by 700 USD in pirce and that was painful for those who have tons of bitcoin but as i did i was able to sell my bitcoin for cash when it was at 4900 and now i decided to buy some again at 3230 i hope i had the right decision though it is at 2400 now .. so NEVER STOP buying BITCOIN just SELL AT HIGH and BUY at LOW Smiley
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September 14, 2017, 08:57:22 PM
 #31

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?

Stick with the normal idea of buying and selling based on your analyzation. Market is unpredictable who knows that recovery will happened soon.

Current price can considered as good starting point by the traders. Never it was goes down below $3,000. Don't wait for more dip before entering because sometimes it doesn't happened.
bitbollo
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September 14, 2017, 09:10:02 PM
 #32

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?

Normally people pay around 7% - 10% more then kraken.eu EVEN btc price have a negative o positive trend.
This because if you buy outside an exchange you have even an advantage.
Fast cashout, "no limits" and so one... Buy Pay 5K right now sound a bit crazy.

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vickycoin05
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September 14, 2017, 09:11:41 PM
 #33

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?

For now yes you can stop buying it because market is reacting in a negative way after the Exchange in China have started to shutdown. This would be a signal that other countries may soon follow it and thus the prices are going to slash in a big way in coming time.


I don't agree, this time is good to buy bitcoin while market price drops because in the future if price will pump again you can't have the opportunity to buy because it more expensive.
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September 14, 2017, 09:58:56 PM
 #34

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?

Normally people pay around 7% - 10% more then kraken.eu EVEN btc price have a negative o positive trend.
This because if you buy outside an exchange you have even an advantage.
Fast cashout, "no limits" and so one... Buy Pay 5K right now sound a bit crazy.


Soon the price may sharply resume and we will regret that we did not have time to buy bitcoin at a cheap price. Now it is hard to believe, but soon it will happen

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September 14, 2017, 10:28:05 PM
 #35

No you should not stop buying bitcoins look at its rate right now its so freaking low,it dropped almost 600$ in just 24 hrs so this will be a good spot for buyign and hoarding bitcoin supply Smiley.

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September 14, 2017, 10:38:17 PM
 #36

No, I think it is still good time to buy Bitcoin despite the last price's decreasing. The price will increase again shortly and the long term holders have another good opportunity to make some profit.
Nowadays its the time to buy more bitcoins while the price still cheaper , because surely the price will pump again and maybe it will be above the 5000$ level.
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September 14, 2017, 10:42:24 PM
 #37

Buy in slowly on the dips and do some research to see where support points might be.  There's been a lot of talk lately of the $3,000 price level (and we're almost there already).  There's likely going to be some strong support around it.  If it breaches $3,000 in a serious way (i.e., not a false breakdown), then look for other major places that the price has reversed in the past.  I'm also guessing that there will be huge support at the trend line on the log graph of price vs. time, as the community has been watching that for years.  I think that's somewhere in the $1500-$2000 range right now, but someone please correct me if I'm wrong.
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September 14, 2017, 10:49:26 PM
 #38

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?

It is best to buy bitcoin lower than market value.  It is insane to buy it higher since you can buy more if you use an exchange, unless your money is compromised.  Anyway, I hope it is not and you are just an avid supporter of Bitcoin.  But I would agree that you should start buying Bitcoin at market value price and can even buy it a bit lower if you play smart Smiley



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September 14, 2017, 10:53:03 PM
 #39

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?

You should keep on buying, we may never the price of bitcoin again at $3,200 and after this dip. Bitcoin is about to increase quickly again when the we see the charts on green. And if you are paying $5,000 per bitcoin then you've got more bitcoin now when you buy currently at the price of bitcoin today. Don't be skeptic with buying at dip, it's always recommended.

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September 14, 2017, 10:53:40 PM
 #40

Keep buying.  Hell, keep buying at $5000 if you want; it's your money.

I don't get people like OP, for numerous reasons. How people
can be so dumb is baffling. In general it's probably a good time
to buy....but only at market price.
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