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Author Topic: Back to $6000 in 3... 2... 1...  (Read 342 times)
bummm
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May 29, 2018, 06:32:01 PM
 #61

Lol this is too funny, I was led to believe we were going to see $11000 in the coming days.

I am so happy to have sold some yesterday, my spidey sense was tingling. Now, lets see if I can buy them back at a bargain price. Why do I make so much more money in a tanking market? Probably because I dont buy when its going up.

Anywayz, buy low, sell high, alwayz works for me. Noobs lose money because they do the exact opposite. Lolz!
I do not know if we are going to see such a low price maybe we are going to see 8000 or even 7000 but I do not think we're going to see 6000 again, however you are right when you say that there are many newbie traders that make a big mistake of buying when the price is very high and then selling when its low and they do that because they do not have any experience in trading and then they panic when they see the volatility of the market.

I do not believe that it will happen. probably, the bottom is 6.5 thousand but I am not expecting that Bitcoin will have another Great Fall. I hope for the better.

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May 29, 2018, 11:19:54 PM
 #62

We have seen many times bitcoin price raising to 11,000 dollars and falling back to 6,000 dollars making it as the bottom price for bitcoin over the last few months.So it would not be a surprise and just a day to day scene.It would once again be a great opportunity for investors to buy cheaper bitcoins.

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May 29, 2018, 11:47:49 PM
 #63

This is how the market reacts most of the time, even in the past the price always test the resistance level and support level quite often and the market will continue like that for a long time before a major rally and that is what is going to happen here, i would ride the market and if the trend reverses i would sell off and get back later and that is going on for some time now.

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May 30, 2018, 03:27:22 AM
 #64

Exactly noobs doing the opposite in terms of buying and selling btc. Price hardly to rise to what people expected to hit this year. This market full of swing prices but the most thing to do is let's react towards on the benefits that we can have.

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May 30, 2018, 04:17:04 AM
 #65

Good news to us because the price increasw again at $7500 compared to the price last day ago which is $7000 and when the bitcoin touch down that price they have big possibility to down at $6000 but because of the investor bitcoin increasing again and everyone will buy more and keep it so the price will pump again and you will gain more profit.

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