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Author Topic: Will Bitcoin fall again soon?  (Read 2574 times)
cybersofts
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December 04, 2017, 03:40:53 PM
 #61

I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?
Great work.
Patience is the key to good trading profit.
Better be sharp, drops are fast to recover because many wanted to buy at a low cost. So in every dump, it's eaten up by users fast.
Analyze the charts very well. Keep on waiting to sell at high and buy when it seems to be already starting to recover.
Sometimes it's hard to be accurate.
Well, whenever there is a bitcoin price boom most of the times market correction follow along.
But if you look at the recent bitcoin price growth chart you will see the corrections are no longer harming the bitcoin value a lot.
In all the recent corrections that we saw this year 2017 - After the correction, bitcoin value recovers in no time normally within 2-3 weeks tops.
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December 04, 2017, 03:42:28 PM
 #62

I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?

I had read on a thread posted yesterday that there would be a correction that would took place on blockchain soon and it might pull bitcoin price to drop but no worries as always it would still recover and make another leap.
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December 04, 2017, 03:45:12 PM
 #63

bitcoin falls in the future can become a reality and will happen, but bitcoin can fall normally due to issue issues that could cause panic sell and make bitcoin prices go down very much.

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December 04, 2017, 03:52:19 PM
 #64

I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?

Bitcoin is still rising , growing , we don't know where it will decrease , we just predicted somehow. Bitcoin worth or the value itself right know is almost 11k dollars , so probably it may , fall , but it may rise up. Still Bitcoin is a decentrelized coin , the ups and downs of bitcoin. We all have different perspective and , different prediction I think , but who knows what will be , who knows what's next , bitcoin surprising us.
That is why I believe that bitcoin is not going to fall again as what others are thinking, the price will go down but won't decreased  to 10% or more, do not worry because bitcoin is still increasing in demand so it won't dump high and if it will happen it will not take long.
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December 04, 2017, 03:53:57 PM
 #65

of course it will fall. but you dont know if it will fall from 11k to 7k, or if it will climb to 20k and fall to 15k.... either way you are better off just buying those coins now, and start accumulating!!
stop trading as you will loose eventually. Holding is the best way to gain profits
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December 04, 2017, 04:05:23 PM
 #66

Bitcoin will not fall again because it will continue to rise up and sooner than later we can see a higher price in bitcoin and i think that the fall or price dump for bitcoin will not happen this month because i think that the price is focused on pumping to attract more people in the next year to get into bitcoin.
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December 04, 2017, 04:08:34 PM
 #67

At the moment bitcoin is really overpriced and it was gaining huge percentage in price during over 2 weeks. It will fall quiet soon i guess there would be some price correction between mid and end of December. The price will fall down approx to 9000$ Smiley

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December 04, 2017, 04:08:45 PM
 #68

I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?
No one really knows but its possible since we do know prices are really unpredictable on bitcoin and regarding on the point you did sell it is somehow early because price did rise up pass 11.5k usd and now it is playing within the range of 11k up.As of writing its price is on 11,340 on preev which is still high and as a trader it would really be risky to buy bitcoin on this heights and would rather wait for a small decrease on its price. Going below 9k range is possible but who knows.Lets just wait for that opportunity to buyback cheaper coins.
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December 04, 2017, 05:04:14 PM
 #69

I don't think that's will be possible happened. Just aware Bitcoins it our future, if you would to sell your bitcoins now just reconsidering about that.

If it does not really need better kept, because of growing price year btc will be higher and will be more profitable, but will also be detrimental if it does not do an analysis on a regular basis, because it is an analysis which done regularly can give us data to see updated news price btc
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December 04, 2017, 05:06:40 PM
 #70

I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?

It is pretty high these days and it is staying right now at $11,000. It is high so the only possible movement of the price is down but I doubt it will be reaching way back to $9,000, maybe at $10,000 but not gonna touch back again $9,000.

For me it is better to wait for some good movements before deciding to buy again. This is the last month of the year and most of the good prices and ATHs happened in the last month of the year. Better be patient mate.

Actually there is no impossible. Everything might happen in just a blink of an eye. Maybe tomorrow it can go down $10,000 but also there is a possibility that it continues to goes up until $15,000. Everything can happen but of course it is temporary and will soon goes up. Let's hope for the best.

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December 04, 2017, 05:07:32 PM
 #71

I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?

It's over 11k again, I don't think it will be falling.
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December 04, 2017, 05:08:33 PM
 #72

Bitcoin will not fall again because it will continue to rise up and sooner than later we can see a higher price in bitcoin and i think that the fall or price dump for bitcoin will not happen this month because i think that the price is focused on pumping to attract more people in the next year to get into bitcoin.
I'm not sure that's going to happen because a bitcoin price reduction will certainly never happen. Although currently we have seen bitcoin prices are increasing but if there is some negative news then it could be bitcoin prices will decrease. So I do not think too optimistic because it could be the nature that can affect the price of bitcoin. Our current task is to keep trying to use bitcoin every day, because in that way we can make bitcoin growing well.
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December 04, 2017, 05:16:06 PM
 #73

I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?

It won't fall down any time soon. This is actually peak period for the bitcoin and it is actually going to pump itself even further in the next week to come. Im sure about this thing because of two things, one is Christmas coming when people will try to have those emotional attachments for New Years welcoming by investing more money into it. Because they know very well that there is another speculation of BTC = 15,000 USD in the next month end, thats January 2018.

People ain't gonna miss that opportunity for sure. The second reason that makes the bitcoin stronger at this point is its market is being driven by new comers right now. Due to its hyped prices new people has got attracted and they are putting the money like they never did it before So altogether things are pretty positive about the bitcoin here and they will push and push only.

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December 04, 2017, 05:26:42 PM
 #74

I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?

For now I don't think the price will fall,so you just have to buy your bitcoin now if you want otherwise the price of bitcoin will be expensive soon.Everyone predict that bitcoin price will hugely increase in the coming year so you never get chance to buy at low price.So you buy soon as you can.

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December 04, 2017, 05:35:01 PM
 #75

I don't think so...Up& down is happening everyday because it a part of cryptocurrencies criteria...Bitcoin will more rising & rising...there is no falling back..
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December 04, 2017, 05:40:45 PM
 #76

Very true..... I bought most of mine whenit was around $6500.. but Its going higher and higher so I will continue to hold and buy more at slumps I guess.

You are really lucky that you got your bitcoin at that price and a right decision to hold it because bitcoin will surely continue to soar higher and people who sell at the price right now may loose money in the future. Don't expect bitcoin to fall around $7k again, buy more bitcoin instead.

Indeed he was lucky for buying bicoin  in that price.  As of now we cannot assume if bitcoin will fall down.  The only thing that I am sure of is that it will goes up and up until this year ends.  Considering its popularity more and more people are investing with bitcoin which makes its price to increase.
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December 04, 2017, 05:45:01 PM
 #77

I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?

I think it has a big possibility because we all know that bitcoin today rise on its new record of value and yes every time bitcoin record a new set of value it also reach its hardcap and sometimes extremely dump. Based on my experience I tend to invest many here in btc and the experienced the dumping of price and today I able to earn it all again.


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Sweeet123
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December 04, 2017, 05:48:14 PM
 #78

I don't think bitcoin is going to fall any soon, looking at current market dynamics and increasing demand for bitcoins, no way will the rate fall, matter of fact the word is that by the end of 2017, the rate might reach around 15k, so it is still a good time to re-invest in  bitcoins if you have sold, as you might get lucrative returns in the long term
fulmetal08larz
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December 04, 2017, 06:01:02 PM
 #79

Nobody knows for sure when will bitcoin's price fall. Everyone wants to have a piece at a discounted price, we are all waiting for the price to go down which happens only when there are FUDs all over and panic selling. when everyone is fearful, be greedy; when everyone is greedy, be fearful. For long term, the best move is to accumulate more bitcoin and do cost averaging strategy.
Webberson
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December 04, 2017, 06:10:27 PM
 #80

The value of bitcoin seem to be an upward trend, in a zig zag pattern. As to the question whether bitcoin will fall again, it sure will, though may not be drastic. The currency like every other currencies do fluctuate, and the tendency for it to drop is always there.

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