When to buy more? wait till 6000 or 5500?

[k@suy]

Technical data hints that it can go down to 6000 or 5500 level.
What do you think?

$6000 and $5500🤔 not much difference, if $5500 is going to be the lowest it will drop then I investing at the price rate of $6000 isn’t a bad choice. All that matters is if the price is going to rise or not. Cause when it continues to be able as it is now, Meeehn… then that’s where the real problem is.

I have been seeing a lot negative predictions lately, no one is able to predict whether the price will rise to a very high price or not. Well, we all have to and see with our eyes what’s going to happen by the end of the year. But I do hope that the price will go up.

For me below $6,000 is a good buy. Strong support is in $6000 thats why  prive recovers very fast. Slowly,market is recovering now.Its a sigh of relief seeing it going upwards slowly. Just hoping.

[Soranith]

I'm waiting for a decrease in bitcoine prices for buying altcoins. But if this doesn't happen, then I will buy a little bit of 6800$ and 7800$ all in.

I hope it doesn't go down anytime soon. It's time to rise so better buy now.

No matter how you hope if the market wants to go down it will go down in just a matter of time that is why we need to know how to do technical analysis and fundamental analysis so that we will stop hoping and start learning how to spot the right time to buy or sell. Anyways bitcoin right now recovered from the previous dump but we should not be very confident that the bull has come we need more confirmation before we can really say that.

[lordmick]

Personally I think that now it is not suitable time to but Bitcoin. There is a chance that it will hit $ 7600 - 7800. But then it will crash hardly to $ 3000 may be even lower. Only then personally I will think about buying Bitcoin hard.

[lamadu3]

Technical data hints that it can go down to 6000 or 5500 level.
What do you think?

I think until the end of this year price bitcoin will not stable, and experienced a decrease in a very significant, may be influenced many factors internal and external. According to me if I had a investing in there, try to hold until the beginning of the year.

Traditionally, November and December become the months when the price of the cryptocurrencies start to go up very high. Thus, I am waiting for this time.

[Chachacoin17]

Technical data hints that it can go down to 6000 or 5500 level.
What do you think?

The bull market will occur in the following days. If you will analyze the graphs of the some crytpocurrencies, you wilk find out that it is now recovering after the huge loss.

After that huge loss we will be seeing bitcoin's massive swing in the next few days or even a month, I really care for this and this is worth waiting. When the fall of price happened, there must be a good sensation that must take over after all and hopefully everybody will gracefully enjoy the benefits of their assets. Don't easily be carried out by FUD's, invest while the opportunity is there and never lose hope, just have strong motivations in order to survive until bull market will arise.

[GoodLuck2]

I think that's true because the price will reach such a number, but only time is uncertain. can be faster or can be longer.

Of course price of bitcoin will reach number one, it will rise more and more with time but we will have to work up to our level of patience. No one knows what will happen so I am sure price of bitcoin is going to be high but we will only have to wait till it get high, so buy as much as possible because after few years price of bitcoin will be high enough so that you will not be able to buy it cheaper because of fast progress in bitcoin price.

[4U]

A new low is being created so don't buy anything now and catch the falling life. You can buyer later after a small bounce to make sure you are not catching falling knife. To avoid the bull tap add a stop loss below your buy price.

Yes it is not time to get worry, it is time to have patience, in crypto market rise and fall is quite natural as we all know bitcoin is volatile by nature so I think we should hold our coin if it falls and wait till it get high,  if you have money just buy some bitcoin it is golden chance for you, I have seen many investors regretting for not buying at cheap price, so trust your trading skills and buy more, if price is low it means time to buy more, later on price will be higher than your range so you will be sad.

[KenChanYu]

I think that's true because the price will reach such a number, but only time is uncertain. can be faster or can be longer.

Of course price of bitcoin will reach number one, it will rise more and more with time but we will have to work up to our level of patience. No one knows what will happen so I am sure price of bitcoin is going to be high but we will only have to wait till it get high, so buy as much as possible because after few years price of bitcoin will be high enough so that you will not be able to buy it cheaper because of fast progress in bitcoin price.

Absolutely! We can't tell when the price can exactly rise or fall and up to what level. The best time to buy is when the price is low, then apply holding strategy and sell high. It's not an easy game, because we're dealing a volatile, unpredictable, and uncontrollable market. Moreover, we need to be hopeful and positive that market can recover and huge profit will be gained at the course of time. We have to be aware that this is a normal trend and if we're willing to take the risks, we must also be willing to embrace its nature

[tbterryboy]

Technical data hints that it can go down to 6000 or 5500 level.
What do you think?

As of today predictions are going true as bitcoin falls below 6000 and it might be hard for those who bought bitcoin and other cryptos in highs because bitcoin may take really long to recover again

Well the prices have rather risen up again to $6100 today and this little rise is good enough to motivate the investors and the new guys who want to invest in the Bitcoin and are waiting for the low possible price to invest. Having said that, I would say it is the right time to invest your money in Bitcoin and earn the chance to own some good numbers at a low cost.

[KingdomHearts]

Technical data hints that it can go down to 6000 or 5500 level.
What do you think?

Do you still think that the price of bitcoin is going to fall to $5500? Lol I don’t believe so. $6000 might be a limit from what I’m seeing. Through out the beginning of this year the price of bitcoin has always been stopping at $6000 and has never dropped below that rate.

Remember that earlier this year there was a time the price dropped at $6000 dot and many started predicting below 6000 with claims that it will even reach $2000, but rather it started going up. Same thing has happened now, from $6100 it has gone back to $6200. So you better invest now.

[valentine401]

Technical data hints that it can go down to 6000 or 5500 level.
What do you think?

In my own opinion, investing right now is a good idea because the market price is already down to $10k dollars and just wait for the market price to go back at $20k dollars again before selling your coins.

[LavernB]

Technical data hints that it can go down to 6000 or 5500 level.
What do you think?

In my own opinion, investing right now is a good idea because the market price is already down to $10k dollars and just wait for the market price to go back at $20k dollars again before selling your coins.

We would all want that but it's currently only at 6.5k. But it'll get there as the market seems to be stabilizing.

[TontomHit]

It was definitely a good idea to wait until Bitcoin fell to 6000$. This might be the time to not get too greedy, in the hope it goes even lower, and buy some now.

[Adrin]

In a couple of months ago, I use technical data for analysis but technical data is not a perfect analysis it is a broken the market prediction so I think you can buy at this moment because of Bitcoin not down in future. If you analyze Bitcoin price history you can see the details and when the Bitcoin price was $600 to $20, 000. A couple of months ago the Bitcoin hit around $20,000 so Bitcoin again must touch around $20,000. If you want to prepare to buy Bitcoin so don't let to buy at this time because it is the best time to buy Bitcoin.

[andrei56]

Technical data hints that it can go down to 6000 or 5500 level.
What do you think?

That depends on only one factor, are you willing to wait for the day when bitcoin reaches 5500? Bitcoin was close to that price some days ago but I do not think it touched it and the reason is there is a very strong resistance point at 6000, so unless you are completely determined to get the best possible price for your bitcoin I think it is a good idea to buy right now especially if you are going to hold for the long term.

[gorodi]

I agree it is a good idea to start buying now. Considering the uncertainty however, may be effective to diversificate the buying, for more price levels. So buying only 25% of planned investment now for example, and see what the market doing, before investing the rest.

Right. Do not pay attention to the so-called green days. Now, when the market is not as strong as it was before, it is better to invest your money in Bitcoin and altcoins. However, you will have to be very patient.

[kulitmanggis]

it seems like I will buy more when bitcoin prices have already reached $ 5500 price because the price when it comes down to as cheaply it will be very potential to do the reflection and back up.

[mr-sk]

You all actually had a chance to buy at $5600 if i am not wrong during the last few weeks, and it was a very good opportunity to be honest

[juragane]

to buy more you can buy when the price is $ 5500 and I suggest you to open a buy order at that price because I'm sure there will be more waves when the bitcoin price will fall again, just wait for it to happen.

[miningguru]

I agree it is a good idea to start buying now. Considering the uncertainty however, may be effective to diversificate the buying, for more price levels. So buying only 25% of planned investment now for example, and see what the market doing, before investing the rest.

Right. Do not pay attention to the so-called green days. Now, when the market is not as strong as it was before, it is better to invest your money in Bitcoin and altcoins. However, you will have to be very patient.

Patience is the main key in cryptos because there is a huge fall in price but don't get panic about the situation. Of course, we have chances to move up and down but we have to buy the coins when there is a huge dip in the market. It is always good to buy when the price is in downfall mode.