croptodic (OP)
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January 12, 2018, 06:55:55 AM |
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Another excellent buying opportunity for Bitcoin. What is your favourite Crypto ?
I am delighted the seasonal usual drops in Crypto are wiping out some of the so called experts, who are always promoting Alt coins at the expense of Bitcoin. For me i see the price is down over 25% from the recent high point, so i am taking the opportunity to top up my Bitcoin account with another small purchase. I am not buying all i can afford, as it may drop further, and if it is lower again in around a week, i will buy more at an even cheaper price.
I am still confident that BTC will rise in price beyond $50000 in the coming year, and it thrills me to be able to buy a little more at a proven great price. Bitcoin has always fluctuated in price, and after corrections has always reached new highs in price. Please do your own research and formulate your own decisions, as i could be completely wrong. It is up to you to realise that all investing is speculative, and carries risk.
Wishing everyone a great year in Crypto, and i am focusing on Steem and BTC. What coins are your favourites, and what are you buying more of now, while the prices are a bit cheaper?
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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SakinaPrincess
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January 12, 2018, 07:02:21 AM |
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Well I believe buying bitcoin at under 14000$ is a gem, I bought few bitcoins yesterday and if it goes further down I plan buying more.
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Herbert2020
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January 12, 2018, 07:14:51 AM |
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investment is always a risky thing to do. it doesn't matter what you are investing in. unfortunately most people who have been investing in bitcoin don't follow the first rule of investment: "invest what you can afford to lose" and that is why we see the big drops like these happen so often.
this is a good buying opportunity because these panic sellers are almost out. but it is still risky because they are not all out and the FUD is still strong. i like the strategy you chose, buy some now and wait for possible drops. if they happen you still have money to buy and if t hey don't happen you have already invested something at the bottom so you don't regret everything.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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ihaveaquestion
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January 12, 2018, 07:34:22 AM |
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I bought bitcoin yesterday at $12,800 each one of them, i bought just one, but it was a perfect opportunity to make an easy 10% or just a 30% in some time. I am now on a 15% of profit, all this was thanks to the giant FUD about Korean exchanges.
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steadyrice
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January 12, 2018, 09:23:58 AM |
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As long as the price remains below $15K, I think it is a good buying opportunity. Everyone knows that the market is in a lull right now, and the price of bitcoin will probably start to increase once again. As such, if you have the money, now might be a good time to invest.
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Javanewstar
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January 12, 2018, 09:27:14 AM |
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Now the BTC can be a very good buying opportunity, because South Korea false information led to the whole market started to panic, so all people began to panic buy encryption currency is a wise choice.
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adriaymati58
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January 12, 2018, 09:30:16 AM |
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I think it will always pass the maximum value it had, so as long as it is below 20k I think it is a good investment
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The best is yet to come!
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sugihe
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January 12, 2018, 09:30:59 AM |
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Well I believe buying bitcoin at under 14000$ is a gem, I bought few bitcoins yesterday and if it goes further down I plan buying more.
Did you just said that you bought few bitcoin? Waow so i think you are rich person. And also you said that you will buy more if the price down again. Amazing. However it is really good time to buy bitcoin now
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coinycoiny
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January 12, 2018, 09:32:31 AM |
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As long as the price remains below $15K, I think it is a good buying opportunity. Everyone knows that the market is in a lull right now, and the price of bitcoin will probably start to increase once again. As such, if you have the money, now might be a good time to invest.
Price is going to continue down for a long time. Bitcoin is broken. All coins have been in a bubble. Gamble now if you want to loose your money.
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soham
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January 12, 2018, 09:34:33 AM |
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That's true. At the current price bitcoin is looking great as an investment those who are willing to wait for some time. For quick profit seekers it may not be a good idea, but for mid/long term hold, it provides an immense opportunity to make some good amount of profit if bought at this current price. If the scaling issue is taken care by the lightening network implementation, it will again go beyond 20k mark very quickly.
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ASHLIUSZ
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January 12, 2018, 09:36:16 AM |
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I think it will always pass the maximum value it had, so as long as it is below 20k I think it is a good investment
Compared to the previous ath, the current price is simply low for the people who have been with plans of making an investment into bitcoin. Soon the price will tend to move forward reaching a new ath and the same is predicted to be above $20000. Hope the same will take place shortly, better is to use the chance and make the buying.
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hasmukh_rawal
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January 12, 2018, 09:37:55 AM |
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I am pretty much sure there will be many people saying that BTC will break further and go more down in price. Whatever the reason may be, after this correction is over BTC will break it's ATH as it had been doing earlier and create another record. People will then say it's a bubble and will burst soon. This is how the Bitcoin works and this is how people make money from it. These are the dips wise people wait for so that they can invest money in the dips and take the profits out in the highs. The other people keep accusing Bitcoin whether it going down or going up. So let us take this opportunity and fill our bags with BTC.
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btcprospecter
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January 12, 2018, 09:43:16 AM |
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Whenever there is a dip it will be a good opportunity to buy bitcoin but we all have to remember that like any investment there is a risk. Bitcoin will always be my number one coins I will be keeping an eye on this year are zencash and Ellaism.
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JMD07
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January 12, 2018, 09:47:58 AM Last edit: January 12, 2018, 11:48:10 AM by JMD07 |
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Honestly the best time to buy bitcoin is now. This could be the best price to buy and in a few days this will going to pump again. Buy now and Hold.
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CryptoClown
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January 12, 2018, 09:55:27 AM |
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Well I believe buying bitcoin at under 14000$ is a gem, I bought few bitcoins yesterday and if it goes further down I plan buying more.
I agree. It's very advantageous especially for newbie to enter BTC below $14k price. If only I have extra funds I'd probably buy some more. I am really hoping though that they'll do something about the fees because in my county, blockchain fees are like worth an investment too.
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12tribes
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January 12, 2018, 10:05:09 AM |
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Investment should never be done without any credible piece of information because of the risks involved. If anyone wants to invest in the bitcoin more it is his choice and may be a good one after all. If, on the other hand, you choose to invest in the alt coins make sure you do your research well. Either way, being in business is for profit and it must be done wisely.
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nikjain422
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January 12, 2018, 10:23:08 AM |
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People who doubts the ability of bitcoin doesn't have the right to invest in it.The correction in prices are normal and with this it allows new investors to draw their attention towards bitcoin.We can't change the mentality of people because some people are always there for criticizing everything.We have to understand what is true and what is not.Everytime bitcoin goes down,it again spike up to create new record and that is how it works and will continue to do so.Low prices means investment will increase and this makes price go higher and after that people will withdraw and again will go down.If the Investment is not proportional to withdrawal it creates negative value which creates prices to drop and that will increase the investment.
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jinksters09
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January 12, 2018, 10:30:24 AM |
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Every time that there is a price decrease or price correction in bitcoin it is always a good time to buy bitcoin because we can never know that maybe today or after an hour or minute it will have a price increase again this would lead an opportunity cost for you not buy during the decrease of bitcoin price because it will an earning that you should have gained during that time.
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G2z_Riya
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January 12, 2018, 10:33:37 AM |
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Honestly the best time to buy bitcoin is now. This could be the best price to buy and in a few days this will going to pump again. But now and Hold.
Agreed, the price is low. This could help common people large sum of bitcoin for the same amount that they have been with plans to invest. Another thing, the profit can be gained in lesser time as the predictions were taking place focusing $20k as the next barrier to be reached.
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talkbitcoin
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January 12, 2018, 10:36:35 AM |
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that is true. the past 20-30 days have been good days for those who have been wishing to get in, to buy bitcoin at a lower price than ATH. and in the same time we have seen enough resistance that proves the buying demand is still there despite all the FUD and the dumping tests that have been performed.
but also true is the fact that altcoins are getting pumped while bitcoin is not yet rising. a good opportunity to use these pumps to increase your money that you want to invest in bitcoin if you are familiar with trading.
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