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Author Topic: Bitcoins' pullback is over!  (Read 563 times)
Stedsm (OP)
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February 17, 2018, 05:34:19 PM
 #1

After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.

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dinoloverpete
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February 17, 2018, 06:36:18 PM
 #2

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

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February 18, 2018, 06:22:34 AM
 #3

bitcoin "pullback" was over a long time ago when it reached the bottom actually and we became sure of it near $8500.

and as i said back then in the dip, if you wanted to invest you should have done it as soon as it reached the major resistance meaning $10k because it was proof that the recovery is for sure going on. and above $10k is just on the rise.

There is a FOMO brewing...
magneto
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February 18, 2018, 07:43:37 AM
 #4

After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.

Bottom was in January, a lot of people tthought that the price was going to go down even further, but obviously they've been proven wrong. Primary reason apparently is because of government bans, which doesn't really make sense since BTC is independent from governments in the first place.

Anyways, I think that we are ready for this pump to continue. A new wave of people just got educated about the importance of holding through a dip and that means that we'll have a lot more support at the $10k issue.

I'm not sure about it going to $25k by July, though. That's a bold prediction.
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February 18, 2018, 08:10:52 AM
 #5

The pullback was been occured due to the fud calamities caming in and since the crisis has been done it close the mindset of the people to trust the bitcoins state again, that's the reason on why we can see the price almost breaking to 11k$ again but maybe we can see it pump to its uppermost level by this next following months.

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timerland
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February 18, 2018, 08:27:58 AM
 #6

After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.

Best time to invest is if you bought the dip... Though right now is still a decent time to bet on BTC going up long term.

I really do think that markets have matured enough, and that we're probably never going to see BTC under $5k again any time soon.

The pullback was really expected, but the dump got the weak hands going absolutely bananas. People posting about why BTC will go down to $20, even. That kind of thing happens when BTC is crashing, but never happens when BTC is rising up.

Don't trade with your emotions, because after a dump will always be a pullback, and that is now.

Smiley
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February 18, 2018, 09:04:25 AM
 #7

Hold up on this. There is still more to come. This is not a recovery stage for bitcoin. The crash is not yet over and I'd say that the prices would be going up and down till March gets over, the prices shall not go to high but going down is possible. It all suddenly feels like the bitcoin hype is all over now, people are finding bitcoin boring now so lets see what happens next.


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February 18, 2018, 09:40:04 AM
 #8

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

We could not really so sure that the threat of corrections is gone so better if we should not be so confident that this current value rise up is what we have waiting for. There are lot of experts that dip still is in there that by the end of this 1sr Quarter another dip will coming but after that it will rise up again until it will reach ATH of $25K for this year but still i hope that this development that are happening in the world in favor Bitcoin will eliminate the threat.
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February 18, 2018, 10:04:57 AM
 #9

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

We could not really so sure that the threat of corrections is gone so better if we should not be so confident that this current value rise up is what we have waiting for. There are lot of experts that dip still is in there that by the end of this 1sr Quarter another dip will coming but after that it will rise up again until it will reach ATH of $25K for this year but still i hope that this development that are happening in the world in favor Bitcoin will eliminate the threat.

i don't know about these "experts" but a dip doesn't just happen out of nowhere and without any reasons! for example the recent dip from $20k down to $6kish was because of the bubble then because of the fear of the bubble and all the FUD about bans,... but that is over now! it can't go on every day.

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February 18, 2018, 10:09:42 AM
 #10

A tip for newbies: When old bitcoin owners start talking how good time it is to buy bitcoin, then it's definitely not a good time to buy bitcoin. When bitcoiners are in "advertising mode", then you know that bitcoin is in trouble. They feel it, and that's why they feel that they have to push bitcoin more then before. When it truly is a good time, then they are quiet with their recommendations to buy.
Currently, they are probably worried that this 2 week old rise will get properly tested and it might also fail. Use their emotions as indicators for trade and never take their trade recommendations directly.

:
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February 18, 2018, 01:07:57 PM
 #11

bitcoin "pullback" was over a long time ago when it reached the bottom actually and we became sure of it near $8500.

and as i said back then in the dip, if you wanted to invest you should have done it as soon as it reached the major resistance meaning $10k because it was proof that the recovery is for sure going on. and above $10k is just on the rise.
actually made it to $11,000 but now dropping again,as we see the price going $10,500 .this movement wasnt good for investing since the growth is always denied,pullback is in the air still,and tomorrow isnt predictable as for the investor must stay tune
dinoloverpete
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February 19, 2018, 02:15:35 PM
 #12

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

We could not really so sure that the threat of corrections is gone so better if we should not be so confident that this current value rise up is what we have waiting for. There are lot of experts that dip still is in there that by the end of this 1sr Quarter another dip will coming but after that it will rise up again until it will reach ATH of $25K for this year but still i hope that this development that are happening in the world in favor Bitcoin will eliminate the threat.

i don't know about these "experts" but a dip doesn't just happen out of nowhere and without any reasons! for example the recent dip from $20k down to $6kish was because of the bubble then because of the fear of the bubble and all the FUD about bans,... but that is over now! it can't go on every day.

This is true for all major price movements, while it's true that there is a common boom and bust trend, it is not without reason. There are normally major news stories that promote price growth or a price crash. If we have no negative news for a while we won't experience another big dip.

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February 19, 2018, 04:34:17 PM
 #13

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

13 days ago was way better time to buy Bitcoin. You could almost double your investment by now.  That is a huge profit for those that are willing to take a risk. 
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February 19, 2018, 04:36:34 PM
 #14

I think it's the best time to invest in Bitcoins
Still safe for those investors who are not too greedy and already moved on that they haven't bought during the dip $6,000.

I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.
$500 is affordable and for those who haven't got a nice entry for the last time, take this chance of buying some while you can or when they let the chance pass again regret will come.
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February 20, 2018, 01:49:04 PM
 #15

Still safe for those investors who are not too greedy and already moved on that they haven't bought during the dip $6,000.

According to my thoughts, it's the safest investment for those who're not in to make a quick buck, and have the holding power for as long as it takes to reach their targeted levels. It could be days, months or even years. Investing in Bitcoins will prove to be the best thing in future.


Quote
$500 is affordable and for those who haven't got a nice entry for the last time, take this chance of buying some while you can or when they let the chance pass again regret will come.

Well, all I have to say for such type of people - my advice should be taken as a source and not a decision itself. As you hold your stash, you should have the deciding power and if you're going to act like a kid, I believe you should never do investments only. Wink

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February 20, 2018, 02:20:24 PM
 #16

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

13 days ago was way better time to buy Bitcoin. You could almost double your investment by now.  That is a huge profit for those that are willing to take a risk. 

Correct. I'm just discussing it with a friend of mine 2 days ago. We could have made huge profit by today, almost doubled our money. But we didn't. Not that we are afraid to take risk, but we don't have money to invest that time and we don't want to borrow from someone.

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

We could not really so sure that the threat of corrections is gone so better if we should not be so confident that this current value rise up is what we have waiting for. There are lot of experts that dip still is in there that by the end of this 1sr Quarter another dip will coming but after that it will rise up again until it will reach ATH of $25K for this year but still i hope that this development that are happening in the world in favor Bitcoin will eliminate the threat.

The dip and the subsequent dump was long overdue. There are a lot of irrational buyers during the December peak that got burned last month alone. They are not experts, those are people who just created FUD to spread fear among investors. The experts that I have read says the bottom is $6K which we hit and then it never go down below that. Now we see the price has pick up already and maybe a new all-time-high is just on the horizon.

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February 20, 2018, 02:48:03 PM
 #17

Being the long term bitcoin hodler, I was confident bitcoin price will be back and rise again and it is happening right now.I utilised that opportunity to buy more bitcoins Grin I am sure we are now heading to ATH again and also those politicians can't do shit against bitcoin Tongue

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February 20, 2018, 03:25:02 PM
 #18

After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.
Congrulate everybody for this news. After that i only wish you to see green color because when bitcoin turns red, the market is following it. I agree with your ideas and i think we should make more money by taking advantage of the situation.
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February 20, 2018, 05:58:21 PM
 #19

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

13 days ago was way better time to buy Bitcoin. You could almost double your investment by now.  That is a huge profit for those that are willing to take a risk. 

Correct. I'm just discussing it with a friend of mine 2 days ago. We could have made huge profit by today, almost doubled our money. But we didn't. Not that we are afraid to take risk, but we don't have money to invest that time and we don't want to borrow from someone.

Many will have found ourselves in the same position, it's always tough because it was a very good buying opportunity but it's important to have self restraint. For myself I could have invested further savings at that time and right now be very happy but I've always told myself I won't ever use them for crypto. It's easy in hindsight to look back and say 6k was a great buying opportunity but it was not impossible for the price to fall further.

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

We could not really so sure that the threat of corrections is gone so better if we should not be so confident that this current value rise up is what we have waiting for. There are lot of experts that dip still is in there that by the end of this 1sr Quarter another dip will coming but after that it will rise up again until it will reach ATH of $25K for this year but still i hope that this development that are happening in the world in favor Bitcoin will eliminate the threat.

The dip and the subsequent dump was long overdue. There are a lot of irrational buyers during the December peak that got burned last month alone. They are not experts, those are people who just created FUD to spread fear among investors. The experts that I have read says the bottom is $6K which we hit and then it never go down below that. Now we see the price has pick up already and maybe a new all-time-high is just on the horizon.


December was an absolute frenzy, I read many articles saying it was big money coming in from hedge funds and such but I don't fully buy that, I would think they'd be a bit more sensible with their point of entry. It could be that they came in initially and then the less experience guys got wind of this and were the ones who really got burned buying right at the top.

While it's easy to say these guys made a mistake, I hope that they didn't compound their mistake by selling at the bottom. If they hold strong they'll be able to look back in a few years time and say 'while it wasn't the best entry point I'm still significantly up and I'm glad I did it'

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February 20, 2018, 06:14:20 PM
 #20

The year usually starts with bearish market. Previous trends explain the exact same scenario. In addition to that, the ridiculous bullish run of overall crypto market in December was expected to be followed by a bearish market. Many other reasons like heavy manipulation by Wall Street giants, korean FUD and regulations followed by various negative comments added to the dump.

I was analysing the price action, and negative manipulation ended near $6000 because after that the support level was $4500 which could have created a massive FUD leading to massive selling ultimately ruining the market. Whales and manipulators never waned that. Now the bullish cycle has started and is expected to go till june-july.
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