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esmkt (OP)
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November 30, 2017, 03:12:54 AM
 #1

New here and cryptos are crazy!!!

Looks like 10K is holding up as resistance after the correction.

Do you think its time to buy?
Or it will still correct to 9600 level.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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November 30, 2017, 04:15:53 AM
 #2

New here and cryptos are crazy!!!

Looks like 10K is holding up as resistance after the correction.

Do you think its time to buy?
Or it will still correct to 9600 level.

Honestly, it looks like it will hold. They say it made a correction, however, it quickly recovered and up to $10K again. And if you would notice all altcoins are getting red now, so I speculate that those who have sold are moving it money to bitcoin because of the CME news this coming December.

I think what's bothering you is the price, its too steep to get it. Just buy in small portion now, and see how the market will react tomorrow. If you see that it has made corrections to $9600 then you still can get it at that price. No wrong time to get bitcoin now.

R


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November 30, 2017, 04:24:03 AM
 #3

In my opinion that correction price is still high. However i think that the lowest price of bitcoin recently.
Time to buy now.
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November 30, 2017, 04:37:26 AM
 #4

New here and cryptos are crazy!!!

Looks like 10K is holding up as resistance after the correction.

Do you think its time to buy?
Or it will still correct to 9600 level.

Few questions though:

>> Do you have the funds to buy bitcoin at this price?
>> What are you plans, long or short term hold?
>> Are you willing to invest what you can afford to lose?

In my opinion, Bitcoin price will have a short term correction. It could happen anytime soon. But can quickly recovered again and go even higher as proven in the past. Bitcoin could reach $20K or more in 2018. If you are a long term holder then I say don't wait for the price to make a correction to enter the market. Just buy today and hold it for at least a year.

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November 30, 2017, 05:24:23 AM
 #5

$10,000 is here to stay. if you weren't sure before, you should be sure now that price took a dive and recovered fast. there is a lot of actions going on these days and also manipulation is at its all time high. but the market also has grown too big which you can no longer expect big drops too often. you can place some low bid orders in $9xxx range but don't expect them to be filled anytime soon. there is no more drop in near future. specially with NASDAQ announcing their support for bitcoin now!

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November 30, 2017, 05:57:25 AM
 #6

$10,000 is here to stay. if you weren't sure before, you should be sure now that price took a dive and recovered fast. there is a lot of actions going on these days and also manipulation is at its all time high. but the market also has grown too big which you can no longer expect big drops too often. you can place some low bid orders in $9xxx range but don't expect them to be filled anytime soon. there is no more drop in near future. specially with NASDAQ announcing their support for bitcoin now!

It was a fast recovery indeed and the price is above $10000 levels still. Though is a minor correction, a lot of investors and trader are just waiting in the wing, and immediately jump while the price is at a "discount". I also tend to believed that $10000 will be somewhat a stable price for quite a time.

Manipulations of who's who from behind are always present but I believed that if institutional investments like NASDAQ and CME goes on-board it can be minimized. If you are willing to go with your hard earned cash at $10000 to get bitcoin then make more decisions now because its a perfect opportunity and don't wait for dips to happened. As what @pooya87 said, $10,000 is here to stay.

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November 30, 2017, 06:09:30 AM
 #7

New here and cryptos are crazy!!!

Looks like 10K is holding up as resistance after the correction.

Do you think its time to buy?
Or it will still correct to 9600 level.

You can't predict the lower price of any coin so if you want to invest in bitcoin then you should start now buying in a small amount and wait for some time to see whether prices will correct or not. If correct then you can accumulate more but prices go high then you already made some profit. Very challenging to time the markets so don't wait for right time to enter markets because you may miss the chance to buy at lower.
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November 30, 2017, 06:48:30 AM
 #8

New here and cryptos are crazy!!!

Looks like 10K is holding up as resistance after the correction.

Do you think its time to buy?
Or it will still correct to 9600 level.

Sure it will hold and won't fall below this point. But as good investor we always think in both ways that is negative side as well positive side of the bitcoin. For me, I have seen big dominance of the bitcoin earlier in the year 2017 but also have seen those noob panic selling events. This has led to disturbed investment and it makes us think whether to invest money or not. At this point bitcoin looks good and I think the market correction was done with full confidence and it did not affect the bitcoin price at all. Now if we are able to see it stable at this rate then I'm sure its not falling below 8K mark for sure. That would huge dip and it could only possible if more than 20-30% of the investors starts selling in mega amounts of bitcoin. Hope the market depth of buy side keeps the dominance and everything stays on the top of it.

 
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November 30, 2017, 06:52:20 AM
 #9

New here and cryptos are crazy!!!

Looks like 10K is holding up as resistance after the correction.

Do you think its time to buy?
Or it will still correct to 9600 level.

Still this is a best time to buy the bitcoins since bitcoin has the more potential to move forward in the future. But if you are fine to wait for some weeks you will find the bitcoin price as 9.5k or some amount around that.
If you are having bitcoin in your wallet means please don't sell it you will be able to make more income with it. If you sell it out after some months instead of selling it now.

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November 30, 2017, 07:27:41 AM
 #10

Infact, there are speculations from experienced traders that bitcoin will have to mark $15k-$20k but christmas is probable holding it around $10k.
Honestly, its time to buy bitcoin before it start travelling to $15k.
Actually long term traders have no right or wrong time, but this time even a little amount can earn you bigger profit.

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Laland
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November 30, 2017, 07:32:37 AM
 #11

Infact, there are speculations from experienced traders that bitcoin will have to mark $15k-$20k but christmas is probable holding it around $10k.
Honestly, its time to buy bitcoin before it start travelling to $15k.
Actually long term traders have no right or wrong time, but this time even a little amount can earn you bigger profit.

I think their would be at least a price drop during the 3rd week or so. I too am surely that at the end of the yea, it will an all time price hike. Not because it is just Christmas but it is a time where businesses and money bonuses will be received by many traders whohave other job IRL.
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November 30, 2017, 09:57:11 AM
 #12

right now everything is unclear,
why i said that ? because we should see a correction after reaching $11.000 or slowly we should see the decline,
but in reality when the dump happened a few hours ago the price kept tanking and the price stabilize itself around $10.000.
in my opinion $10.000 should be a resistence and we should see the price struggling to break that level.
if we can keep our price around $9000+ until tomorrow or a new month.
we may be can see another upward movement and reaching $12.000 more or less.
but if we can not keep it around that,we may be can see it below $8000 in couple months.
just make sure to get your profit and wait for the best opportunity to get into it,
for me,i do not recommend you to buy it right now,wait a little bit until we're seeing another downward and then buy it.

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November 30, 2017, 10:50:58 AM
 #13

$10,000 is here to stay. if you weren't sure before, you should be sure now that price took a dive and recovered fast. there is a lot of actions going on these days and also manipulation is at its all time high. but the market also has grown too big which you can no longer expect big drops too often. you can place some low bid orders in $9xxx range but don't expect them to be filled anytime soon. there is no more drop in near future. specially with NASDAQ announcing their support for bitcoin now!

yes I think €10,000 is the new base price, it may go lower but
it will only be very short trips but it will rise from the €10,000
price mark.

When the price passed $11,000 the world sat up and took more
notice, positively and negatively depending on who was reporting
it! I heard it on the hourly radio news yesterday and this morning
on the financial currency news as if it has been the norm for years.


R


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November 30, 2017, 11:00:50 AM
 #14

cryptocurrencies prices are unpredictable, just have to take the plunge and start accumulating. average down if it is below your entry price. bitcoin is here to stay no matter what FUD created out there. main stream media is already reporting on it so there is more awareness among the people in general.

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November 30, 2017, 11:05:19 AM
Last edit: November 30, 2017, 11:25:20 AM by p3ppymon
 #15

New here and cryptos are crazy!!!

Looks like 10K is holding up as resistance after the correction.

Do you think its time to buy?
Or it will still correct to 9600 level.

Yesterday there was a massive correction from 11.2k to 8500. Perhaps setting your entry at a price lower than 9600 would be eventually filled. Try to step down your entries with progressive by ins at smaller levels. I am doing it this way at the moment.
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November 30, 2017, 11:28:18 AM
 #16

There should be a correction on these type of high rises. Yesterday, the price went down to $9600/bitcoin and some of us here snagged it while others believed that it would continue to go sub-$9000. That in itself is already a good entry point considering that the price always hovers between $10000-$11000. That's already a $400 guaranteed profit. Right now the price is @ $9800 and if you'd ask me, I'd buy some since it's already a nice entry point.

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November 30, 2017, 11:39:03 AM
 #17

The price has make a retracment to $9600 support level and I am afraid bitcoin may still fall further because of the activities of traders which may be trying to take profits at that level. I think bitcoin may go up to  $15,000 before end of this year and by next month I do believe that bitcoin is going to make big significant progress.
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November 30, 2017, 11:50:53 AM
 #18


I think it is perfect time to buy the bitcoin. Anymore late and you are gone out of the race and will loose the money in first place, well the profits!

Thing is after the correction though resistance is there but it will never stop at one point and looking at the current rate of people who are interested in it I’m sure that it will go only in the upwards direction and thus will make its ways through higher price achievement. Its sure this is not the stop yet bitcoin has to go further and if there are investors like you and me who missed the chance of investing into it earlier but we now know its potential then we must not miss it again and invest and proceed for the next level.


The users are aware that crypto dominance is very high in the world market now. We could expect new merchants, well known brands to accept this currency as way of payment and thus it would be great support for it. :-)
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November 30, 2017, 11:56:18 AM
 #19

That main mistake from newbies. When bitcoin lost 8% from hight it's not dump, we need to wait a big correction like 20-30%
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November 30, 2017, 12:42:50 PM
 #20

I will rather wait for some drop beloe $9k region or even deeper. I have sold mine at above $10k and will only buy back at below $8k. Current price can still be good entry point if you are looking for long term holding.

I have seen people asking same question when price per bitcoin was only around $1k.
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