Jr.robert (OP)
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Activity: 205
Merit: 0
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December 21, 2017, 07:17:14 AM |
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Hey Guys.....
According to the Cryptocurrency News Site (Coindesk):
Bitcoin's price has fallen 15 percent from its recent all-time high, dropping by more than $1,800 since the start of the day.
So, Anyone suggests me this is Right time for Investment or Not?
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Pursuer
Legendary
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Activity: 1638
Merit: 1163
Where is my ring of blades...
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December 21, 2017, 08:35:51 AM |
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in other words bitcoin price has gone up 100% in the past months and still has not gone back to even near the price where it was back in exactly 1 month ago on 21 November 2017. the price then was $8200 and not it is worth more than $16,000 Anyone suggests me this is Right time for Investment or Not?
I would wait a little longer but still watch the price closely. make your decisions about where and how to buy now and do the verifications and even deposit money. the watching is because it may drop more. but also it is because it may end soon and start rising up, in both cases it is best to watch out. |
Only Bitcoin
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TheQuin
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December 21, 2017, 08:52:02 AM |
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Bitcoin's price has fallen 15 percent from its recent all-time high, dropping by more than $1,800 since the start of the day.
So, Anyone suggests me this is Right time for Investment or Not?
That's a question that really you can only answer yourself as only you know what risk tolerance you have. Understand that investing in Bitcoin can give excellent rewards but as with all investments the level of reward is proportional to the level of risk. If you decide that you do want to invest then buying a dip like this is a good place to start. My advice would be not to go all in but just buy with a small part of your investment capital now. That way if the price falls further then you can keep making small purchases all the way down and get a good average entry price. If on the other hand the price resumes going up from here then you will not have missed out entirely and can still wait for the next dip. |
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eann014
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December 21, 2017, 09:31:49 AM |
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Hey Guys.....
According to the Cryptocurrency News Site (Coindesk):
Bitcoin's price has fallen 15 percent from its recent all-time high, dropping by more than $1,800 since the start of the day.
So, Anyone suggests me this is Right time for Investment or Not?
That's true, it really drops today but that is also an advantage to those who wants to invest more and I think you should but now some of your money into bitcoin. For me bitcoin will hit again the last ATH's. So let's take advantage of this price dropping. |
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Lieldoryn
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December 21, 2017, 10:15:01 AM |
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15% is a little. Bitcoin experienced a greater fall. It's only temporary. I don't see any reason to panic. At such moments traders buy coins. Can do also you. I always enjoy looking at these falls. It is a signal that bitcoin is set to break new high. I am sure that next week we will see another high. If the Christmas holidays will not reduce activity in the market.
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Weawant
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December 21, 2017, 10:19:20 AM |
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Hey Guys.....
According to the Cryptocurrency News Site (Coindesk):
Bitcoin's price has fallen 15 percent from its recent all-time high, dropping by more than $1,800 since the start of the day.
So, Anyone suggests me this is Right time for Investment or Not?
That's true, it really drops today but that is also an advantage to those who wants to invest more and I think you should but now some of your money into bitcoin. For me bitcoin will hit again the last ATH's. So let's take advantage of this price dropping. We cannot expect that bitcoins would pump always since there are certain flaws cames from the people who holds it and I'm not surprise for this dump happens since this could attract more buyers. So as you said let's take this opportunity to gain more BTC since I think we can see more upcoming pumps due to fork hypes coming on these days, and we will be sorry if we will be afraid and dump our coins immediately. |
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ragnar0k
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December 21, 2017, 10:22:01 AM |
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I think at this level lots of old hodlers are going to happily retire and new people struggle to fork out money for one btc given the cost. I guess we can stay here for a while, but that is just me
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Denker
Legendary
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Activity: 1442
Merit: 1014
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December 21, 2017, 11:02:12 AM |
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Hey Guys.....
According to the Cryptocurrency News Site (Coindesk):
Bitcoin's price has fallen 15 percent from its recent all-time high, dropping by more than $1,800 since the start of the day.
So, Anyone suggests me this is Right time for Investment or Not?
Don't ask such questions! You have to decide yourself if you want to buy and when you want to buy. Do your own research. There is lots of information out there to educate yourself, and it's all for free. You just have to do it. People here always have a bias. Some are bullish, others are bearish. And this all because of personal reasons and interests. Of course you can discuss and get different opinions which may help you to get some other point of view to look at certain things and situations. But please never ask when to buy or when to sell. You manage your money, your risk and therefore make the decisions by yourself. At least you should! That's my 2 satoshis. |
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AT101ET
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December 21, 2017, 12:24:25 PM |
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That's normal. Bitcoin can just as easily increase by the same amount or even double that in the same amount of time. Cryptos are very volatile. They can skyrocket and plunge. These are the risks involved with trading crypto. Never invest more than you can afford to lose. That's the basic investing rule in life...  |
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CuDoCuDau
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Activity: 82
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December 21, 2017, 02:20:20 PM |
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Hey Guys.....
According to the Cryptocurrency News Site (Coindesk):
Bitcoin's price has fallen 15 percent from its recent all-time high, dropping by more than $1,800 since the start of the day.
So, Anyone suggests me this is Right time for Investment or Not?
I don't think too you |
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Cusdonard
Member
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Activity: 89
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December 21, 2017, 02:33:01 PM |
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Yeah that is true, but I think it is soon to pump since prices have been pretty low and that is cheap coins right there for the possibility that prices could pump back to $20,000 and more. Again, bitcoins always try to beat every expectation of everybody, and $20,000 seems like something it can again beat. I see right now, while writing this, bitcoins are pumping again. So maybe this is the time to catch that ride!
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Don Pedro Dinero
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Merit: 1537
The first decentralized crypto betting platform
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December 21, 2017, 02:36:38 PM |
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Hey Guys.....
According to the Cryptocurrency News Site (Coindesk):
Bitcoin's price has fallen 15 percent from its recent all-time high, dropping by more than $1,800 since the start of the day.
So, Anyone suggests me this is Right time for Investment or Not?
I suggest you educate yourself a lot about investing in general. No asset keeps going up without dips, which are usually good opportunities to buy, but first you have to know the asset you are buying and why are you buying it, as well as having a general strategy of investing. Never buy an asset because someone on a forum tells you to. |
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AK47-
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December 21, 2017, 02:41:46 PM |
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Hey Guys.....
According to the Cryptocurrency News Site (Coindesk):
Bitcoin's price has fallen 15 percent from its recent all-time high, dropping by more than $1,800 since the start of the day.
So, Anyone suggests me this is Right time for Investment or Not?
If you were looking for the entry in Bitcoin, you won't get a better price. A decent correction happened and BTC is stable again at $16k-$17k range. From here onward, a bullish ride will take place and might go till $25k. As much as I have analysed, big traders are making entries by buying BTC more ATM. If you are interested in investing in BTC. You better go for it. |
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ha_ham_bk
Member
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Activity: 127
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December 21, 2017, 03:19:48 PM |
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Hey Guys.....
According to the Cryptocurrency News Site (Coindesk):
Bitcoin's price has fallen 15 percent from its recent all-time high, dropping by more than $1,800 since the start of the day.
So, Anyone suggests me this is Right time for Investment or Not?
I don't think too you, I think bitcoin price will increase $50000 |
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CuDoCuDau
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December 21, 2017, 03:20:34 PM |
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I don't think you too
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talks_cheep
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Merit: 1000
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December 21, 2017, 03:32:46 PM |
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A new down market is forming, we're about to enter into a protracted down market similar to 2014-2015, it might turn into a much longer down market. Bottom might be $2000.
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UnDerDoG81
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December 21, 2017, 04:30:31 PM |
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A new down market is forming, we're about to enter into a protracted down market similar to 2014-2015, it might turn into a much longer down market. Bottom might be $2000.
Sure, single digits coming soon... |
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mafostedu
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December 21, 2017, 05:39:15 PM |
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Yes this is very preocupant, the price was more than $17,500 when i went to sleep yesterday, and now it is below $15,400 i dont know what is really happening, but this is worrying me a lot.
I dont know, but just let see what happens, anyway, i dont think that it wil last for much time, it will recover sooner or later.
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emoji00
Member
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December 21, 2017, 05:45:34 PM |
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Hey Guys.....
According to the Cryptocurrency News Site (Coindesk):
Bitcoin's price has fallen 15 percent from its recent all-time high, dropping by more than $1,800 since the start of the day.
So, Anyone suggests me this is Right time for Investment or Not?
Well a 15% down after the long run up is not unexpected. I still think that BTC is not the best investment out there. |
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Samarkand
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December 21, 2017, 06:02:48 PM |
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I think at this level lots of old hodlers are going to happily retire and new people struggle to fork out money for one btc given the cost. I guess we can stay here for a while, but that is just me
What if I told you that you can buy a fraction of a Bitcoin irrespective of the price for a full Bitcoin? I know that many newbies don´t know this and psychology plays a big role, too. This is also one of the reasons why newbies buy Litecoin on Coinbase... "Oh 1 Bitcoin is at 15500 $, while I can get 6 Litecoins for my 2000 $ deposit". |
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