Should we buy now or sell?

[CryptoKranthi]

What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell? And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful

[talkbitcoin]

What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell?

i think it is neither. it is best to watch the market only. the direction is not at all clear. there should not be any more drop but yet there it is out of nowhere, whales dumping now since there is no more weak hands left to shake out anymore.

And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful

under 1000 is just not possible some irreparable damage needed to go that low!
below $2000 is also the same story in my opinion. there is no reason for that either. it is just Chinese regulating their exchanges more! this reason must not have even caused a drop this big.

[Evansloin]

You can buy if you want now, but i would advise you to wait for bitcoin to fall even harder, because you can make more money that way.  I think that bitcoin will fall very hard and that one of the altcoins will rise up and take over the place of bitcoin. So you can also invest in some altcoins. Lite coin for an example is the sleeping giant.

[susila_bai]

You can buy if you want now, but i would advise you to wait for bitcoin to fall even harder, because you can make more money that way.  I think that bitcoin will fall very hard and that one of the altcoins will rise up and take over the place of bitcoin. So you can also invest in some altcoins. Lite coin for an example is the sleeping giant.

What you are telling is true that their may be more price drop in btc but what if it got support at 3000 level and bounce back, so if you are going to invest then buy little now and if their is more sell then buy some more that time which is good buying strategy.

[Sjonnebonbon01]

You can start buying, but I don't think the bottom is reached yet. $3.000 dollar is in sight, a psychological barrier and may cause another drop.

I have set up buy orders at $ 2500 and will also buy ETH and LTC with it.

[colossus]

I think now it is better to wait and watching, not a good time for trade

[richardivan]

You can start buying, but I don't think the bottom is reached yet. $3.000 dollar is in sight, a psychological barrier and may cause another drop.

I have set up buy orders at $ 2500 and will also buy ETH and LTC with it.

In my opinion it's better to hold your money till 30 Sept, until that day we only need to watch and learn the bitcoin's graphic. Then after 30 Sept it's time to decide buy Bitcoin or buy altcoin

[Wind_FURY]

OP, if you are unsure on what to do and at what price to buy, just make a very low bid and do not worry about it. Like Sjonnebonbon01 said, $3000 is a psychological barrier. If that breaks, await all the "Bitcoin is dead" threads once again.

But I would not place my bids at $2500 - $2600. I would go lower to $2000 - $2300. The "Chinese Bitcoin Crisis" will not be over in a week. It will take a while until the PBOC has announced what their intentions are.

[tyuner4]

I split my money into a few portion and buying every time BTC price drop so that i don't miss the train  

[BlockHazard]

What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell? And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful

2000 or $ 1000 dollar? wow hell NO.. not like that. maybe 3000 dollars is the best floor to buy. and hold it,

[darkistorrik]

I withdrew my when the rate was 3800.
I can tell you one fact that will direct you for sale ... like all skeptics -
September 15 or the other day (the exact date on the move) will be launched the exchange BTC-e on which a huge number of BTC. In this situation - (mass panic), 90% of the owners of BTC on that exchange will withdraw BTC in Fiat. Wait for the drop to 2100-2700 and this is a fact. If anyone can argue against, I will be happy to discuss this.

[pooya87]

You can start buying, but I don't think the bottom is reached yet. $3.000 dollar is in sight, a psychological barrier and may cause another drop.

I have set up buy orders at $ 2500 and will also buy ETH and LTC with it.

in case bitcoin goes down it will take ETH and LTC with it and they will drop even harder than bitcoin did percentage-wise. that has always been the case with these altcoins during bitcoin price drops. and the recover of said altcoins will not be as big enough to be worth the risk and trouble of investing in them unless you are already an altcoin trader.

i also vote for staying on the side with money in had and watching the price. if you buy and it goes lower you will definitely panic.

[Manuj]

What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell? And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful

It will neither go $2000, much less $1000. Better start buying right now. It might go as down as $2700-$3000 and only up to that. Most probably, the bull run right after that will be fast and strong which would finally break $5000. I hope the FUDing will stop.

[StevensonCarl]

You can start buying, but I don't think the bottom is reached yet. $3.000 dollar is in sight, a psychological barrier and may cause another drop.

I have set up buy orders at $ 2500 and will also buy ETH and LTC with it.

I agree. But  i think you should buy other coins because if bitcoin is falling then other bitcoins will rise.

[Sjonnebonbon01]

You can start buying, but I don't think the bottom is reached yet. $3.000 dollar is in sight, a psychological barrier and may cause another drop.

I have set up buy orders at $ 2500 and will also buy ETH and LTC with it.

in case bitcoin goes down it will take ETH and LTC with it and they will drop even harder than bitcoin did percentage-wise. that has always been the case with these altcoins during bitcoin price drops. and the recover of said altcoins will not be as big enough to be worth the risk and trouble of investing in them unless you are already an altcoin trader.

i also vote for staying on the side with money in had and watching the price. if you buy and it goes lower you will definitely panic.

Thank you for your reply. I am in for the looooooooong run and do believe these coins will determine the future so I am just taking my chances with these discounts my first buy-in was to high so I am trying to get the average price of my portfolio down

[nl247]

Selling now is too risky. However, this is the best time to buy although you don't have to buy all at once as you can still be lucky to have some further dips with some cash left to buy at that point.

[aoluain]

What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell? And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful

This is a golden opportunity to buy Bitcoin at a low price
Ok it might go a little lower but it will most certainly rise
and it will be quick and may not come back down to this
level again.

So if you are going to be a long term holder, buy it now
and relax, if you want to eek out the greatest amount of profit
then wait , hope it goes lower and try and buy at that low price.

You will have to be prepared to site at your screen 24 hours
per day every day until you catch the dip!!

DO NOT SELL

[happyme1818]

What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell? And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful

Learn  from the history of Bitcoin and the mistakes  of others . It  is always the right time to buy bitcoin if your goal is long term investment. I bought bitcoin when it was $200 and i thought $2000 is a good time to sell. But I was wrong.

[nicster551]

You can start buying, but I don't think the bottom is reached yet. $3.000 dollar is in sight, a psychological barrier and may cause another drop.

I have set up buy orders at $ 2500 and will also buy ETH and LTC with it.

in case bitcoin goes down it will take ETH and LTC with it and they will drop even harder than bitcoin did percentage-wise. that has always been the case with these altcoins during bitcoin price drops. and the recover of said altcoins will not be as big enough to be worth the risk and trouble of investing in them unless you are already an altcoin trader.

i also vote for staying on the side with money in had and watching the price. if you buy and it goes lower you will definitely panic.

Thank you for your reply. I am in for the looooooooong run and do believe these coins will determine the future so I am just taking my chances with these discounts my first buy-in was to high so I am trying to get the average price of my portfolio down

Yes just believe in the coin that you have been bought but make sure you spend enough time to research the coin project so that you have a good view in the coin in the future that it will give you a good profit.

[grumpygit]

Like I said before I am both happy and a little sad. I am sad because I have lost some of my gains and happy because I was aiming for maybe 3 or 4 bitcoins, looks like I might be able to get several plus now