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Author Topic: Anyone waiting for BTC price went down under $7,000?  (Read 243 times)
pitiflin
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March 16, 2018, 08:33:43 PM
 #41

People are very cautious investing in Cryptocoins. I know some people are waiting for BTC price drops under $7,000 for them to invest in BTC. Are you also waiting for this moment?
People who are waiting for the price to drop have this mindset and things don't work according to them, they all aren't Nobuaki Kobayashi. Get over it. Buy if you want or just go away. Really doesn't matter. Because you don't know how to speculate, which would mean that you don't know how to buy and sell at the right time. You don't wish to do your own diligence, so you really don't want to stress yourself for something you'll never figure out.


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greeklogos
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March 16, 2018, 08:41:18 PM
 #42

You are a little bit late with this opinion. All of those people who wished to invest in bitcoin did it on 6k$ price which was just like a month ago. I guess now everybody wait for bitcoin come back on 20k$ At first and then continue it's growth.
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March 18, 2018, 03:03:10 PM
 #43

Bitcoin would never come that much down as everyone expects, it may come down like around $7k but would bounce back double the price within couple of months. The price reduction as you expect has gone in January itself and there is less chance that Bitcoin would come down to $6k and I personally think that is not possible for this year. Best buy would be around $7k I guess.

The BTC price is slowly sliding to $7,000 today. I am watching the price carefully as I do think the price will even go down today.
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March 18, 2018, 05:52:38 PM
 #44

People are very cautious investing in Cryptocoins. I know some people are waiting for BTC price drops under $7,000 for them to invest in BTC. Are you also waiting for this moment?

Of course even major price correction is a perfect time to buy. Right now we are sinking and trading at around $8300. But if my memory serves me right, the last dip we see is around $5.5 - $6K, so its possible that we can go as low as $7K but we need to look at how the resistance at $8K will hold.

If it hold then for sure we are not going to as low $7K, so I would advise you to buy at the current price because for me its already cheap. You don't need to wait till the price goes to your expectation, otherwise if it didn't went your way, you already lose your chance to profit at the end.
Now the price is close to 7000, but I do not know what it is that obsession of some traders  to enter at the absolutely lowest point of bitcoin, right now is a very good moment to enter the market everything is down and you can get almost all the major coins for a huge discount you cannot ask for a better entry point so it doesn't matter if you buy some hundred dollars above the lowest point of the market, the most important thing is that you get in at the right time and this is the right time.
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