joaopm33 (OP)
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December 19, 2017, 09:12:42 PM |
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Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
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Noctis Connor
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December 19, 2017, 10:19:39 PM |
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For me aight? I will not buy bitcoins through fiat. And BTW you have fiat or altcoins? If fiat i am recommending that you must buy altcoins then buy btc using altcoins. I get a little profit but atleast i get a profit. And also their is no assurance that you will get profit in a certain altcoin right? then you must choose a profitable altcoin. I'm no pro on trading but in my years of experience im starting to understand how to analyze the coin's potential.
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WalterK
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December 19, 2017, 10:27:09 PM |
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You should always make sure to only invest money you can afford to lose. That said, being a true believer I Bought some BTC today after (during) the correction because I do believe there still is a bright future ahead. Prices have risen very hard recently so it's normal they find a lower point of acceptance. Don't shoot me if I'm wrong!
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ariosky
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December 19, 2017, 10:47:16 PM |
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BTC price now is around $17300. 99.99% chance it will cross $20000 eventually. 80% it will be over $25000 at NYE. 70% $100,000 in the future. Think about it and make your decision.  |
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rockyboy
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December 19, 2017, 11:11:10 PM |
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I guess it is a good time to buy altcoins now. Btc price is down for the mean time let us take this chnace to buy some alts
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thejaytiesto
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December 19, 2017, 11:11:45 PM |
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Well that was a sweet dip if you were on cash. I didn't even flinch I was expecting a $16,000 ish dip. We now rebounded and are back to $17,300 ish. So we did the whole dance again as we've been doing rebounding on this trend line since the $9000 dip. Things are ok as long as we stay around there. If we go below the trendline we may go as low as $12,000.
Im not going to risk my position, just will buy these dips and accumulate as usual, another day in the btc office.
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randythered
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December 19, 2017, 11:14:14 PM |
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I think with the price dropping a little to 16-17k then that's a good price to be buying bitcoin, short term you could be in profit if it can recover to 19k or so and longer term the price can certainly trend upwards throughout 2018 and beyond.
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2Thumbs
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December 19, 2017, 11:15:57 PM |
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I'm speaking as a US citizen, so I would lean towards yes. The dollar has not performed well recently, and there are rumblings of a recession. Would think this would be good for crypto holdings.
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HoaNguyen
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The All-in-One Cryptocurrency Exchange
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December 19, 2017, 11:31:02 PM |
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Yeah. Right now, it's the best time, you'll never have the 2nd chance like this, you should spend your money to buy Bitcoin right now. Bitcoin price is dumped very quickly from more than 19k$ to 17k$ ). I think it's the lowest price that Bitcoin can be dumped to right now so you guys should hurry up before Bitcoin price rise back to its real price ) |
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Anait
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December 19, 2017, 11:39:43 PM |
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I'm speaking as a US citizen, so I would lean towards yes. The dollar has not performed well recently, and there are rumblings of a recession. Would think this would be good for crypto holdings.
Whether it is an US citizen or an user from a third world country or from a growing country. Whatever might be the scenario, the final result is successful profiting, if buying of bitcoin is made unlike the price increase taking place with reference to time scale. |
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albio87
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December 19, 2017, 11:43:38 PM |
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it depends, the right time is always yesterday, i bought at 2k, at the time appeared to hight, and was in the middle of a 40%correction, so if you look in the long run i think it's quite safe, but you should trust in BTC and in case of a drop hold strong
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batang_bitcoin
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December 19, 2017, 11:47:16 PM |
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Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
Don't fear corrections. That makes the bitcoin economy healthier so if you are new to that after buying bitcoin then don't panic just hold it as you had planned already on what you are going to do. Many are saying that bitcoin is a bubble and we can't blame them for saying that, they have their own agenda for saying it. One of it is they want people to be pushed and fear of the "bubble" to burst and will make the price lower and that people/person who said that will just come in and declare that he bought. |
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hritevanz
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December 20, 2017, 01:54:13 AM |
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Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
If you don’t want to buy bitcoins using fiat then don’t because there is some way to earn digital currency and that’s what I am doing. Working in signature campaign will give you a lot of money that can be used in buying bitcoin and it will help you to earn digital currency because these past few days, I got my first payment by posting here on forum and believe me, it is an awesome experience. |
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ImSuparmin
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send and receive money instantly, with no hidden c
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December 20, 2017, 04:10:28 AM |
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when the value of Bitcoin is falling or low, we can rely on that opportunity to buy as much, and when Bitcoin has gone up, it's the right time if we want to sell it, that's where the profits we get.
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vijendra singh
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December 20, 2017, 04:21:09 AM |
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Now a days It is very difficult to predict rates. When I buy rate goes down, when i sell (Sort) rates go up. I am not able to understand whether I should trade or not.
But one thing is for sure buy and hold always gives you gain. I recommend you to buy and hold at any rate.
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SONG GEET
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December 20, 2017, 05:07:57 AM |
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Now a days It is very difficult to predict rates. When I buy rate goes down, when i sell (Sort) rates go up. I am not able to understand whether I should trade or not.
But one thing is for sure buy and hold always gives you gain. I recommend you to buy and hold at any rate.
- Don't buy when price is pumping hard and don't sell out of panic when price will correct like right now. - Yes if you are newbie investor than just buy bitcoin and hold it, I am not sure whether other alts can pump hard in future or not but bitcoin will be above $100k really soon. |
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Marrionbitcoin
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December 20, 2017, 05:30:59 AM |
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Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
Nice to know that you do some research before you invest or add more capital to Bitcoin. In my opinion, trading in Bitcoin entails risks that anyone cannot predict and avoid. All of us are taking a chance to make our lives better so we try so many things that are available and that is Bitcoin. Bitcoin helps many people to earn additional income and some were already rich because of it. You better to invest a Bitcoin today and hold it for long term and you will see how much income you will have in the future. Bitcoin price is still high and I know this will continue until next year 2018. Also, you better to read news so that you will know what will happen in the future and make a plan. You may also seek advices from others with their experiences in Bitcoin. |
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johnrickdalaygon
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December 20, 2017, 05:45:40 AM |
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For me the best time to start buying bitcoins is when the price of the bitcoins is too low  , then hold it until the price will start rising again and wait, watch how is your money increasing. That is my strategy in buying bitcoins and altcoins. |
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traderethereum
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December 20, 2017, 05:49:29 AM |
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I will say yes, now it is the good time to start buying bitcoin as the price is down. if you can analyze then do it before you buy so you can buy at lower price. you can do trade buy and sell in everyday or you can hold for a short time or long time and you can use bitcoin as your investment. if you can buy bitcoin yesterday then you can sell right now to make a profit but if you want to buy right now, then you need to hold your bitcoin until the price increase.
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h0lybyte
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December 20, 2017, 06:20:08 AM |
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For long-term investors, it is never late to buy bitcoin because in future, bitcoin will definitely reach $40,000. I know the sudden drop in bitcoin has made some small investors feel scared but actually there are a lot of unconfirmed transaction on network, once the stucked transactions get on network, we shall see more increase in bitcoin. So, if you are a lomg-term investor, then $16,000 is pretty good rate to buy
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