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Author Topic: Time to buy the dip  (Read 253 times)
maydna
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December 18, 2017, 02:43:40 AM
 #21

I think this is the time for the correction price for bitcoin because after reach the highest price, bitcoin is always making the correction before it is rise again. I see red candle on every exchange and I wonder until how much the price will go down but I still have faith after this moment, bitcoin will increase higher than before. and now, the price down to $18,020 and the candle is still in red sign.
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magneto
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December 18, 2017, 02:57:35 AM
 #22

Classic retracement from first attempt to break $20,000. We already saw this before in other round numbers, happens sometime. Dip followed with nonsensical CME shorts FUD will be followed by a new ATH in a couple of days. Buy the dip or cry later, be warned.
Same sort of thing with with bitcoin when it was about to hit $10k. People got worried on the first attempt seeing that it didnt' go past $10k probably as a result of either market manipulation with people shorting bitcoin en masse or just profit takers who don't believe in bitcoin climbing much higher.

Exact same scenario. Look at the charts and compare. And what happened with bitcoin after it hit $10k on the second attempt? $10k -> $13k back to $11k and then to $17k and now we are close to $20k.

Same situation here. We could be staring at price close to $30k after $20k is broken the second or even third time around.
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December 18, 2017, 04:49:20 AM
 #23

Classic retracement from first attempt to break $20,000. We already saw this before in other round numbers, happens sometime. Dip followed with nonsensical CME shorts FUD will be followed by a new ATH in a couple of days. Buy the dip or cry later, be warned.
The dip is most likely going to happen on new year's Eve or maybe a couple of days earlier. Until then there's firm and strong support. The support is backed by thousands with millions of dollars in their hands. But again buying during the dip would be profitable because it's bitcoin and no one would like to let down a wonderful opportunity.


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TemplarKnightFrank
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December 18, 2017, 04:51:20 AM
 #24

This is totally crazy, it is not even a dip, I was hoping for at least 16k, but it barely touched 18k and again going up.  Undecided
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December 18, 2017, 05:05:56 AM
 #25

It’s 18700$ per bitcoin and I don’t consider this on dip.. It basically means to me that dip is always be a decrease but with a -3000$,, at this price 15000$-16000$ is what the best time to invest.. But if you have the right strategy and money to buy at this high price then that’s a better choice because basically everyday is still a good day to invest as it is still continuously increasing..

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mafostedu
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December 18, 2017, 05:18:18 AM
 #26

It went down and it touched less than $18,1k but i do not think that it will go down more than that.

In fact the price is already on $19k right now, so maybe that theory of buying in a new dip is over right now.
Stoy making false speculations because a lot of newbies are probably thinking that there is going to be a dip or maybe a crash, you a re just creating fud in here.
RyNinDaCleM
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December 18, 2017, 05:30:28 AM
 #27

It went down and it touched less than $18,1k but i do not think that it will go down more than that.

In fact the price is already on $19k right now, so maybe that theory of buying in a new dip is over right now.
Stoy making false speculations because a lot of newbies are probably thinking that there is going to be a dip or maybe a crash, you a re just creating fud in here.


OP is telling people to buy when the price is going down. How is that FUD??
It dipped almost 10% in absolute terms. I would call that a dip. Not that OP said anything about selling, but if you sold 10BTC near the top, you would have an extra Bitcoin at the bottom. I wouldn't bitch about an 18k profit, plus it's up almost $1000 right now. How is that FUD? You nutters throw that phrase around too much. Just stop already

orions.belt19
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December 18, 2017, 05:32:34 AM
 #28

There is nothing "classic" about the way that bitcoin behaves and trying to analyse it like that is a dangerous game. It has been on a long upward trend for a while now, so it could be a retracement or it could be the start of a much deeper plunge. Lots of people still seem interested in it however, so it may be a minor blip.

Most people believe that the bitcoin price has a lot more potential than the price that it is now, so it would most likely still go up even with the dip that we experienced. The interest is still there for most bitcoin hodlers despite the numerous FUDs and increased hype over bitcoin. It's simply a correction since the price has been going up for quite some time already at such a high rate. Also, this price drop is a great opportunity for the others to buy again with the expectation for a price rise right after.
pereira4 (OP)
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December 20, 2017, 05:55:48 PM
 #29

Called it, let it dip and buy it. Bitcoin Cash attack and the natural correction are creating a good opportunity to buy at a discount. Keep buying even if we go to $12,000. Bitcoin will not wait for you when it starts going up again. Beware of the massive amount of FUD in the field. Everything is going according to plan. BCH is done, Lightning Network is coming, all websites in the world will use it, Steam will be back with Bitcoin, buy the dip, last time to buy cheap coins.
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