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thecodebear
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May 10, 2018, 01:59:49 PM |
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Prices are low but I don't think that right now is the lowest that we're going to see. We saw that BTC went down to $6k or so, and even though the support is quite strong there, there is every possibility that that support can be broken if there were further adjustments downwards in price. And especially when bitcoin is currently in a pretty bullish state with a lot of people buying up during the rally due to fear of missing out, I would probably cut my buys for now and wait for the correction to happen. Looking at the long term, bitcoin is still in its early stages, and I think that this price is still going to be favorable in the long run. So by all means, if you have the money to invest, do invest or buy into bitcoin now. However, I'm just saying that with $10k being a psychological barrier, I'm not sure if $9k+ is the best opportunity to buy when we're probably on the brink of a correction which will present many buying opportunities. I would say this is very unlikely. We've already had two corrections back to around 9000 after getting close to $10k. Both times the price has held strong, first at 8800 and the past few days at 9000. The only thing I see breaking that support downwards is if Mt.Gox goes and drops a few hundred million dollars worth of Bitcoin on the market at once again, which will happen at some point I'm sure but it'll probably not happen in the very near term as Bitcoin should move past $10k very soon since the market knows it isn't moving below 9000 now with support being too strong. Right now low 9000s looks like it could very well be the lowest buy-in price we'll ever get from here on out. |
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Kim Ji Won
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May 10, 2018, 04:07:57 PM |
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IMO, engagement or adaptation is one thing that we should be having right now to get the price pumping again but as he said in his article that they saw a 2.2% on new users creating a bitcoin wallet to purchase last month, it may be one of the reasons why the price of bitcoin is struggling to get out of $10,000 mark. But if we could make the price grow on our own resulting into good news being spread all around the media, it would entice new users again to the crypto world.
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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May 10, 2018, 05:23:32 PM |
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If the author and the one who argues against the article is a human, not an angel you are obliged not to believe. They are just like us and you, you and us can give speculation and prediction to someone else and no one is to blame because the content of our argument depends on the person who reads. There will always be people who say 'no one can accurately predict the price of bitcoin or altcoin', You ever heard that word? So for you, I will not insist on not give credence to other people's talk. But you need to learn from history, bitcoin and altcoin price history are very dear for you to leave and just watch it. Read and learn more pertaining to history and decide what will you choose, do not take too long time to thinking about matter that have not happened yet. |
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Mister1k
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May 10, 2018, 06:09:54 PM |
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IMO, engagement or adaptation is one thing that we should be having right now to get the price pumping again but as he said in his article that they saw a 2.2% on new users creating a bitcoin wallet to purchase last month, it may be one of the reasons why the price of bitcoin is struggling to get out of $10,000 mark. But if we could make the price grow on our own resulting into good news being spread all around the media, it would entice new users again to the crypto world.
Still shit whales giving troubles to bitcoin and other cryptos in the market. Whenver I think to invest my fiat cash on crypto currencies. I just wait for little dump and then invest on it. I have thought like bitcoin will rule the world and then we can find the one BTC rate as 100k in 10 years. To see it as long time investment, BTC is really worth option to invest our money. If we worry and panic investors, we will loose the profit for sure. Don't give damn to news or article being published on online. |
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vit05
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May 10, 2018, 06:26:19 PM |
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We still need some good news so a fresh rise can be continuous. At the moment no one has any idea how much a BTC should be worth. They're all waiting.
Perhaps good news could be that a small, poor country decides to adopt the BTC as a currency to hold their reserves in an experiment. With something like this, the value would explode and if successful it would be unimaginable how much each BTC could be worth.
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komrobert
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May 10, 2018, 07:29:56 PM |
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People that choosing "a good time to buy" will buy something on the high prices, true story. You don't need to wait the best time to buy. Just buy and let your money work.
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Idrisu
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May 10, 2018, 08:27:17 PM |
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As a trading and I have some investment experience for about 10 years now I think now is the best time for one to invest into cryptocurrencies as I future most of this coins you will not be able to afford to buy them again. I best price to buy any assets is low price and the right time to sell them are when the price is very high and since the price is low now I think if one buy any coin now is not a bad decision. |
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Febo
Legendary
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Activity: 2730
Merit: 1288
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May 10, 2018, 08:56:10 PM |
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So, what do you guys think? Is really not a good to buy?
well i am not a future teller but i know a lot about the past! for example last year when price was $800-$900 and struggling to break the $1k resistance people were saying it is not a good time to buy and they were calling bitcoin a "bubble". then when price went to $1200 the "bubble talk" became even bigger and everyone was encouraging others not to buy. then price started shooting up to $2k and above... not saying the same is going to happen here but remember that listening to others has never been fruitful when it comes to bitcoin. I was missing bearish talks at that time. I basically sensed first bearish talks when Bitcoin reached $16k. Do you guys agree that now is not a good time to buy ?
I think Bitcoin is good to buy under $7k and sell when over $11k at this point of time. |
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Happiest
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Activity: 206
Merit: 22
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May 10, 2018, 09:08:34 PM |
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OP, if you trust the source and the expert who makes these claims, then good for you. Because some sources might have made claims that didn't work at the end. From the way, the bitcoin price is and is moving, something keeps telling me that the price won't go down again. So, I suggest you should buy if you want to buy because it might be dipping. But let's keep monitoring it.
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Ultegra134
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May 10, 2018, 09:32:27 PM |
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I did buy some BTC a few days ago, around when the article was published. The market was in the reds, having a decent drop which looked like a good opportunity to buy. However, the next day it crashed even more, having my BTC worth less than before. None of the last price movements were able to recover the loss, thus, I'm waiting for a price spike or something. |
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mace15
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May 10, 2018, 11:26:04 PM |
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People that choosing "a good time to buy" will buy something on the high prices, true story. You don't need to wait the best time to buy. Just buy and let your money work.
When people accept the fact that price is volatile they will invest and buy bitcoin. If willing to take the risks why not buy, many people had it's own predictions and for that we don't know yet truly the time when is the next time to increase. So I prefer to buy than saying sorry by late investing. |
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Kim Ji Won
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May 11, 2018, 02:59:43 PM |
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-snip-
Still shit whales giving troubles to bitcoin and other cryptos in the market. Whenver I think to invest my fiat cash on crypto currencies. I just wait for little dump and then invest on it. I have thought like bitcoin will rule the world and then we can find the one BTC rate as 100k in 10 years. To see it as long time investment, BTC is really worth option to invest our money. If we worry and panic investors, we will loose the profit for sure. Don't give damn to news or article being published on online. Well, we can't do anything about that. There is a reason why they are called whales tho and unfortunately for us, the only thing we could do is to be patient as much as possible and hold out to our cryptos while they go manipulate the price in the market. Seeing the price dumping right now, you should invest again in bitcoin just as how you said it.  |
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budz0425
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May 11, 2018, 07:49:22 PM |
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-snip-
Still shit whales giving troubles to bitcoin and other cryptos in the market. Whenver I think to invest my fiat cash on crypto currencies. I just wait for little dump and then invest on it. I have thought like bitcoin will rule the world and then we can find the one BTC rate as 100k in 10 years. To see it as long time investment, BTC is really worth option to invest our money. If we worry and panic investors, we will loose the profit for sure. Don't give damn to news or article being published on online. Well, we can't do anything about that. There is a reason why they are called whales tho and unfortunately for us, the only thing we could do is to be patient as much as possible and hold out to our cryptos while they go manipulate the price in the market. Seeing the price dumping right now, you should invest again in bitcoin just as how you said it. We are not obliged to invest here, so it is up to us if we are going to invest or to believe to experts, it would still depend on us what we are going to choose, but for me one thing should we keep in our mind and that is to have at least bitcoin even for a bit. |
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r32godzilla
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May 12, 2018, 05:07:12 AM |
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It's really a good time for those who planned to buy bitcoins as its price has fallen down from the range of 9,000 dollars to 8,000 dollars.But its really a bad time for those who bought bitcoins at the range of 9,000 dollars last week,may be temporarily.
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el kaka22
Legendary
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Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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May 12, 2018, 05:51:05 AM |
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It sounds as another FUD attract in the name of analysts, just to get another good prices levels to enter in. To stop the in-flow of new investors and make the existing investors to come out for later buy back, these are all their ways of tricks for cheaper prices to buy more for the same amount of their capital. In my suggestion, never listen to anyone. If you have extra funds and if you believe into the futures of bitcoin then this must be a very good time to buy more bitcoin for long term holding. It's really a good time for those who planned to buy bitcoins as its price has fallen down from the range of 9,000 dollars to 8,000 dollars.
Most of us was expecting that the prices to break $10k levels in this week, but we are experiencing downfall due to strong resistance levels around $10k. Current levels must be utilized as buying points because at anytime in next week, we are going to see $10,500+ levels. |
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devormity
Jr. Member
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Activity: 83
Merit: 3
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May 12, 2018, 06:34:40 AM |
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Yes it is true for now is not the right time to buy, because it is still at risk for more deeply, indeed in all things investment and trade is very risky but minimize the loss because I am so confident with the graph of the current decline it will last longer still has something to do with Mt.Gox with some outside news. |
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inooll00
Member
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Activity: 165
Merit: 12
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May 12, 2018, 07:38:16 AM |
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The decisions of each trader are in your hands. Of course studying price charts is the best. Bad news may affect, but not if traders have their own reasons and views to buy.
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CryptoGuro1
Jr. Member
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Activity: 252
Merit: 1
“The Protocol for the Audience Economy”
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May 12, 2018, 07:45:36 AM |
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Personally I think we are going much lower, Obviouslywe will bounce up and down until we get there and there is the opportunity to make gains on the way down.
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HiringYou
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May 12, 2018, 12:05:41 PM |
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According to me no time is good or bad to buy bitcoin.If you can afford you should buy.Mostly the best strategy which is suggested by many investors is to buy coin when the market value is low and sell when the market value is high.But i will say if your pocket allows then you should buy bitcoin and hold it in your wallet untill you get double then the amount at which you have purchased.There are many people who take loan in order to buy bitcoin which is not good because we are not sure that bitcoin will definately rise in coming days.It may take some months or years for bitcoin to rise.So try to buy only if you have money with you.
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hamdun
Newbie
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Activity: 144
Merit: 0
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May 12, 2018, 12:23:29 PM |
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This is the best time to buy bitcoin, because the bitcoin value for now is not too high and still within reach. Bitcoin in the future will be better than it is now, and it will be a good profit. |
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