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Author Topic: Bitcoin ON SALE, buy it now and HODL !  (Read 389 times)
nlcars (OP)
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February 05, 2018, 12:52:54 PM
Last edit: February 05, 2018, 01:32:34 PM by nlcars
Merited by Zandar (15), TravelMug (1)
 #1

as everybody can see now Bitcoin is in decline mode but this is my own opinion and I am not telling it to the bears but only to the bulls who has sharpened there horns, it is now the time to buy !

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced
Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

What can you tell about it?



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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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February 05, 2018, 12:57:56 PM
 #2

Excuse me, but who will buy if everyone is holding? Or selling?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
Chinese new year caused bitcoin to crash from $20K to $7K? Chinese are holding 65% of all bitcoins and they sold all theirs so they can buy them back after new year? I don't think so.
Now the altcoins wich has enormous potential like Erhereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!
What now, bitcoin is for sale or all altcoins are for sale? Buddy, market crashed. Face the reality.
What can you sell about it?
You wrote it just fine, what can you SELL about it  Grin
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February 05, 2018, 12:59:05 PM
 #3

Buy it now, HODL and sell it in few months when it will reach $1k. Or wait until it's worth 0$.
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February 05, 2018, 12:59:28 PM
 #4

Cool story bro.

A scam will be a scam.
It won't sustain in long run, cause they can't make $ for you at all, they don't have any business model or investment plans to make money grows.
All they did is use other people's $ to pay other users, so those who earned $ is just from other victims... in short a vicious cycle.
People KNEW, but they just dump their $ in hoping for a miracle.

Maybe I have to give another example for people who can't understand.
It's like- Going down to dirty sewers looking for fresh air.
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February 05, 2018, 01:01:15 PM
 #5

as everybody can see now Bitcoin is in decline mode but this is my own opinion and I am not telling it to the bears but only to the bulls who has sharpened there horns, it is now the time to buy !

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced
Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

What can you tell about it?




Like what you are saying here although we have been preaching the same thing over and over again and I doubt that they will learn a thing or do on how to be successful in cryptos. Newbies tend to ride the way when the price is on the top but then panic sells if  they suddenly see it nose diving.

For seasoned traders, this is really the perfect time to get in. Everyone is so cheap that you can buy a lot and accumulated more. Sadly though its been a mental barrier to all of us because of the massive FUD that keeps pulling the price down. My wallet is already full by the way. But for those who are thinking twice, now is really the perfect time to get into the picture.

R


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judemarco1996
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February 05, 2018, 01:05:22 PM
 #6

I agree that it is now the best time to buy bitcoin, but then how can we buy when everyone is holding. I would say be patience wait until somebody will sell their bitcoin then buy it and hold for your own good. Be patience.
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February 05, 2018, 01:10:10 PM
 #7

Now everyone is waiting and watching bitcoin stop falling and everyone waits for it to rise and then buy, but recent news is some negative, and everyone seems to have no confidence in bitcoin, especially those who invest, and they think Bitcoin is over, but remember that as long as Bitcoin exists, we can not easily give up, and I'm looking forward to more Bitcoin news.
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February 05, 2018, 01:10:54 PM
 #8

as everybody can see now Bitcoin is in decline mode but this is my own opinion and I am not telling it to the bears but only to the bulls who has sharpened there horns, it is now the time to buy !

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced
Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

What can you tell about it?



Personally, I think that such prices as now, for bitcoin and other crypto-currencies, may already not exist. This is the most profitable moment to buy and you should not miss this chance. And those who are already experienced in the crypto-currency world know that this spring should be hit by the strongest growth of the entire market.
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February 05, 2018, 01:12:12 PM
 #9

i agree with you friend. if bitcoin fall, we have a chance to buy at the low price.
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February 05, 2018, 01:15:50 PM
 #10

now your chance to buy, then hold for a few months
because, I also do that, I buy some altcoin, and I'm sure in a few months, the price will go up ..
just need to hold a few months only, after that you will auto rich  Grin
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February 05, 2018, 01:16:03 PM
 #11

as everybody can see now Bitcoin is in decline mode but this is my own opinion and I am not telling it to the bears but only to the bulls who has sharpened there horns, it is now the time to buy !

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced
Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

What can you tell about it?



I do think of the same thing. Unlike other people who thinks that this is the end for Bitcoin, I am now more interested to invest on it because the market value is low. Holding will surely be an advantage to earn huge profit in the future. Backdrops are not permanent and is normal for a volatile crypto or investment such as Bitcoin. Invest now and HOLD!

R


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Roukawa
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February 05, 2018, 01:16:33 PM
 #12

as everybody can see now Bitcoin is in decline mode but this is my own opinion and I am not telling it to the bears but only to the bulls who has sharpened there horns, it is now the time to buy !

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced
Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

What can you tell about it?

Celebrations really affect the price of the bitcoin but it is not only Chinese people are the reason behind bitcoins dipping down. There are many factors affecting to its volatility.
Buying bitcoin in a low price will make you more profitable and I think it is the opportunity right to take some of it and store within a couple of months so that you have bitcoins when it will rise up.

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February 05, 2018, 01:20:49 PM
 #13

i guess it is time to buy the dip before its too late, before the price sky rocketed
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February 05, 2018, 01:23:05 PM
 #14

Again! I agree that it's time to put 50% discount not only for Bitcoin but for alt-coins too considering the price fall but this is something that was expected after a huge price rally. In fact, such corrections help Bitcoin to stabilize the price and grow in the long run so for me, I am still with HODL but I would recommend doing own research before making any decision.
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February 05, 2018, 01:26:46 PM
 #15

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

i am hodling, .... duh! look at my name.

but i am not buying bitcoin at the moment mainly because i have already done all my purchases so i have some bitcoin already and this month i am keeping the money i usually invest for a little longer. and also it is because there are still a lot of FUD going around so i am in no rush to jump in.
i'll probably start buying next week though Tongue

Holding Bitcoin More Every Day
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February 05, 2018, 01:36:34 PM
 #16

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

i am hodling, .... duh! look at my name.

but i am not buying bitcoin at the moment mainly because i have already done all my purchases so i have some bitcoin already and this month i am keeping the money i usually invest for a little longer. and also it is because there are still a lot of FUD going around so i am in no rush to jump in.
i'll probably start buying next week though Tongue


Yes, you still need to wait or buy parts. The BTC may still fall.
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February 05, 2018, 01:46:30 PM
 #17

i already bought BTC and other coins last few days in the dips. then it is dipping again./ sure we all may have temp lost some money, but really market will go up in some time. sure you can use this red as a buyers market, which is really the smart thing to do
unless you earn over 2 million a year. then the Red is all benefit to you

if you just bought in a few days ago, then really any other minor dip wont make much difference. but then again watch markets, if there is a substantial difference from your last buy to next dip, then if you have the capital for it, buy in and take advantage, as the more coin the better.

as eventually as we all seen in the markets it will go up again. maybe not today,

but later

worldtraveller
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February 05, 2018, 01:49:18 PM
 #18

IMO, Chinese New Year contribute to this dip on top of the fuds recently. I agreed that this is a good time to buy and hold Bitcoin. The price will not stay so low.
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February 05, 2018, 01:57:35 PM
 #19

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced

You think all Chinese people had their money invested in Bitcoins only. And they are fool that they will sell at low price.
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February 05, 2018, 02:03:06 PM
 #20

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

i am hodling, .... duh! look at my name.

but i am not buying bitcoin at the moment mainly because i have already done all my purchases so i have some bitcoin already and this month i am keeping the money i usually invest for a little longer. and also it is because there are still a lot of FUD going around so i am in no rush to jump in.
i'll probably start buying next week though Tongue


Yes, you still need to wait or buy parts. The BTC may still fall.


Yes unfortunately all shorters  (real bitcoins shorting, not CME or CBOE options) in the last month are probably profitable, so it is easier (financially less pressure when you're in the black) to double down and keep the shorting pressure up. I have a feeling bitcoin price will be crushed by this swarm of shorting locusts  beccause they are already very profitable and they can just press and press and pressknowing their bottom line will be in the black. I wonder if this is why 7500 probably is not holding. It looks like price may drop until masses of Joe Averages can really afford to buy in. Maybe under 3k? 2k? Short term looks bleak. Disclaimer: I am just totally an amateur regarding markets, don't want to talk you out of buying now and then watch a sudden turnaround to the upside.
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February 05, 2018, 02:06:13 PM
 #21

You can wait btc at 5k then you can buy and hodl
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February 05, 2018, 02:08:58 PM
 #22

Yes I believe right now is the best to buy bitcoin. The price is low and a lot of newbies are panic selling. I have bought a lot of bitcoin already and I am on the waiting phase. Hope bitcoin price will go up again soon.
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February 05, 2018, 02:13:33 PM
 #23

yes, while low and lower the price of bitcoin you take advantage of purchasing a lot and hold it for years or months because we expect that bitcoin price will rise again in the coming months

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February 05, 2018, 02:28:24 PM
 #24

I doubt the Chinese year is the reason for the low prices of BTC, the big banks and governments are fighting back and there is almost no day where more concerning info is released. Just today it was confirmed that China is banning all foreign exchanges. Someone posted that Chinese hold over 60% of BTC. Not sure if that announcement is fud but as long as these series of bad events are continuing I will refrain from any action.

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February 05, 2018, 10:48:18 PM
 #25

I am also not sure whether the Chinese new year is the sole reason for this price drop,there are different factors that are playing here,the regulation news is the major factor and majority of the investment during the rally are from fund houses and people using their credit cards,so expect profit bookings from people like that .If you are positive enough with how the market goes,good luck with it.
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February 06, 2018, 01:08:03 PM
 #26

When you look at the cart you see simular movements in the history of BTC, yes the value is may be not the same but when you look at the proportions it is almost the simular movemement:


https://bitcoincharts.com/charts/bitstampUSD#rg2920zczsg2013-05-07zeg2013-12-18ztgCzm1g10zm2g25zv

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February 08, 2018, 04:42:44 AM
 #27

In my opinion, you can start buying bitcoin  after the capitalization of the crypto-currency market has fallen to $ 250 billion.
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February 08, 2018, 06:17:22 AM
 #28

as everybody can see now Bitcoin is in decline mode but this is my own opinion and I am not telling it to the bears but only to the bulls who has sharpened there horns, it is now the time to buy !

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced
Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

What can you tell about it?



Yes. Of course it is the time to buy bitcoin. But I suggest you to buy it after a couple of week. Because as you mentioned that there will be starting of a new Chinese year. So, when they (Chinese) are going to sell Bitcoin than the prices of bitcoin will be low and you shall get opportunity to buy bitcoin in cheapest amount. And after that there will be the numerous number of buyers to buy bitcoin so the price will be rise immediately.
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February 08, 2018, 07:37:40 AM
 #29

I agree that it is now the best time to buy bitcoin, but then how can we buy when everyone is holding. I would say be patience wait until somebody will sell their bitcoin then buy it and hold for your own good. Be patience.
Yeah bro you are saying true that it is the best time. You will get opportunity to buy bitcoins when a couple of week will pass. Because Feb 16, 2018. Is the start of a new Chinese year? And to celebrate this new Chinese year, Chinese will go to sell their bitcoin after just a week.

That’s why, by selling off bitcoins you can easily grab the bitcoins. And you will be able to grab bitcoins till your desire. And you will be able to get a large profit easily.
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February 08, 2018, 07:46:15 AM
 #30

In my opinion, you can start buying bitcoin  after the capitalization of the crypto-currency market has fallen to $ 250 billion.
You are looking to the market cap? You can simply check the prices but it doesn't matter when the market cap is low = price is low. There are posts on social media coming from these so called TA "experts" that are boasting their analysis that if bitcoin will reach $10k it will come back again at $6,000. But I'm only laughing at those people and I guess the dip is already done and we are ready to move forward to reach again those 5 digit value of bitcoin up to $20,000.



 

 

 

 

 

 


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onebtcforlife
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February 08, 2018, 07:52:24 AM
 #31

Yes I believe right now is the best to buy bitcoin. The price is low and a lot of newbies are panic selling. I have bought a lot of bitcoin already and I am on the waiting phase. Hope bitcoin price will go up again soon.

That is always the right one to do in the present situation because there are many panic people selling their Bitcoin in the market and it is going to be the best option for the people who want to buy some Bitcoins in the market. Hold it as long as possible in order to make a profit on your investment.
timerland
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February 08, 2018, 07:57:09 AM
 #32

I really doubt that Chinese new year will have that big of an impact on the bitcoin's price.

But I think that you're right about the price rebound. It's going strong now and I can pretty much only see this current trend going even higher once all the bad news is flushed out of the system and people are confident in buying bitcoin again.

Potentially, this pump will take bitcoin back up to $10k+.

No point selling now because a) you're probably going to take a loss by doing so and b) bitcoin is most likely going to get way higher after this.

Smiley
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February 08, 2018, 08:08:36 AM
 #33

Buy it now, HODL and sell it in few months when it will reach $1k. Or wait until it's worth 0$.
Embarrassed You are really mean bro! Is this suppose to give anyone hope? Most especially the newbies? We have heard a lot about this from people like you before, so I am not surprised.

Also, I will love to ask you one thing about all markets (Forex, Stock etc), that is if you truly understand the way market works though. Have you ever seen a market that has never been in a downtrend outside cryptocurrency? Probably, if you have not seen one before, you should then go take a look at the stock market right now.

At the end, only those who sell out of panic by listening to words that come from people like you are always the ones who end up losing. Institutions will always be in the market, they will play with people's emotions just with the charts alone, this is still an early stage of cryptocurrency, there is FUD everywhere, but I guess all that does not make any meaning to you right? You can decide to buy into bitcoin when it is $0, since that is what you are waiting for. Apparently, only the smart moneys always know when to get in and when to get out anyway, so I have nothing else to tell you.
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February 08, 2018, 08:10:34 AM
 #34

i agree with you friend. if bitcoin fall, we have a chance to buy at the low price.
You will be able to get bitcoins. And they will be fruitful for you in near future. Bitcoin rates will be going low as there is a start of a new Chinese year and from all over the world Chinese will take part to celebrate their traditional event. So, they will definitely go for selling of bitcoins. And there will be the opportunity for you as well as the people who want to get bitcoins in less rates and earn profit by selling them at higher rates later.
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February 08, 2018, 04:30:02 PM
 #35

You can wait btc at 5k then you can buy and hodl

Too late already. We had to be quicker and buy Bitcoin when it was around 6 thousand. Now it is late to regret. Just buy for the existing price and wait till it grows.
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February 08, 2018, 05:43:36 PM
 #36

I think panic selling ongoing now. Now time to buy bitcoin, buy and hold as much you can because I think it's a great opportunity to buying bitcoin for us.
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February 09, 2018, 06:12:44 AM
 #37

You can wait btc at 5k then you can buy and hodl
A lot of people have waited like this in the past, and they ended up missing a good chance of their life. What is the difference between $6000 and $5000 ? What if you never get to see the $5000, so you will miss a good chance because of a thousand bucks ?

My point is, when you are in dips like this, learn how to buy in margins, when the correction is over and you are pretty sure we are in an uptrend, and then you can now decide to add more in that case.

Obviously, this is like the period of shopping. At times like this, it is always good to shop for new coins and wait for the bulls to take over the market because that will be happening very soon. We are still not sure where the trend is going, but like you said, the China new year will soon be over, they may be looking to buy in quickly so as to be a part of the long positions, and with what is going on with the charts, I will say buy, buy more and keep buying!
AjithBtc
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February 09, 2018, 06:22:47 AM
 #38

As Op described we're getting close to the days of Chinese New year. In this regard we can expect large volume bitcoin and other altcoins getting circulated all around for trading as well on different other purchases from marketplaces accepting bitcoin as well other cryptocurrencies.

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February 09, 2018, 06:33:48 AM
 #39

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now. BTC was in 80 days never been so low priced. Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

Wow, this is a very entertaining premise! It's believable, given the demographic of Bitcoins hodlers....Bitcoin is "the coin of the people!"

Regardless of the reason, every mainstream coin is on sale. There's been no significant news to drive down the price of everything, just profit taking and a run down from the sheep (it's typical). Things are on sale indeed, if you have cash on the sidelines consider this a buying opportunity!
eann014
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February 09, 2018, 06:49:47 AM
 #40

as everybody can see now Bitcoin is in decline mode but this is my own opinion and I am not telling it to the bears but only to the bulls who has sharpened there horns, it is now the time to buy !

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced
Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

What can you tell about it?



I don't think so, last Christmas and last New year bitcoin price goes down after hitting ATH's. It doesn't increase after the New year, it gets more lower. Now that the Chinese New Year is near I don't think that bitcoin will go up again after that day. It is still depend on us and to those who appreciate bitcoin today not because of the holidays, that is not proven now.
omonuyak
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February 09, 2018, 07:59:47 AM
 #41

It is very hard to buy now because those that buy around  $16,000 $15,000 and even $10,000 are counting their losses as it seeing no hope of recovery for them because some of them don't know how this market work but just take it as buying and selling high. Now provide the best opportunities for one to buy bitcoin at a cheaper price in 2018 as bitcoin may not get low to this level again.
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February 09, 2018, 05:06:46 PM
 #42

I really doubt that Chinese new year will have that big of an impact on the bitcoin's price.

But I think that you're right about the price rebound. It's going strong now and I can pretty much only see this current trend going even higher once all the bad news is flushed out of the system and people are confident in buying bitcoin again.

Potentially, this pump will take bitcoin back up to $10k+.

No point selling now because a) you're probably going to take a loss by doing so and b) bitcoin is most likely going to get way higher after this.
Chinese may not have impact, but the huge volume that was pumped into bitcoin few days back should have at least given some people a clue that the bulls are beginning to get back into the market. We do not need a soothsayer to tell us sometimes when to get in and when to get out.

We have had a huge dip enough and anyone who is not buying now and waiting for lower, instead of at least buying some at this point, is as greedy as someone who bought at the top.

Smart moneys will be thinking of a sweet time to get in right now. The risk takers obviously would have gotten in as well as the true believers who are taking the good opportunities. However, those who are bearish on bitcoin are always the one who usually come back crying about how they missed the chance of their life. Anyone who cannot see this as a chance now is definitely not even supposed to be here.
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