Bitcoin still a buy despite recent losses

[crazycatwoman03]

Despite the fact that bitcoint price declined for a reason i still believe bitcoint will be able yo bounce back on track.and this is the right time to buy. bitcoint will grow more stronger as long as many people believe.  best time to invest is now while still low..

Though bitcoin is still on a dump state and is having a hard time recovering which is clearly visible because of small fluctuations, it still gain investors. Dump price is a good starting point for investors so don't be confused and bothered why bitcoin is still popular and is a buy event at this current state. Might as well feel happy for this because it shows how strong bitcoin stands in the market.

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[gabmen]

Despite the fact that bitcoint price declined for a reason i still believe bitcoint will be able yo bounce back on track.and this is the right time to buy. bitcoint will grow more stronger as long as many people believe.  best time to invest is now while still low..

Though bitcoin is still on a dump state and is having a hard time recovering which is clearly visible because of small fluctuations, it still gain investors. Dump price is a good starting point for investors so don't be confused and bothered why bitcoin is still popular and is a buy event at this current state. Might as well feel happy for this because it shows how strong bitcoin stands in the market.

Well look at the bigger picture. Check the charts from 2010 and you'll see that the road btc is taking is not so bad even after plunging more than 50% from it's all time high. And it shows that bitcoin is well on its way upwards, perhaps just not at the pace many people are expecting

[cuprice]

Bitcoin is still the best cryptocurrency even if the price had been slashed by 50% since December 2017. This is the best time to enter the market and buy bitcoin in a cheaper price. Sooner this will create momentum and returns the price to a new all time high that will give us a good profits.

[nightways]

Bitcoin is still the best cryptocurrency even if the price had been slashed by 50% since December 2017. This is the best time to enter the market and buy bitcoin in a cheaper price. Sooner this will create momentum and returns the price to a new all time high that will give us a good profits.

Well, I don’t know that market is when going to increase but definitely I would like to concur with you in this regard that this is the perfect entrance for those who gave up on bitcoin at high rates due to panic selling. Bitcoin is the one which definitely when increases in prices, gives everyone big shocks. I also pondering over grabbing few more bitcoin to make my future secured. I don’t think so bitcoin will remain same.

[MGBloomz]

according to the news at CNBC here is why:
the coin has seen better days. After surging last December to around $19,500, bitcoin has declined more than 50 percent since the start of the year. On Thursday, amid increased regulatory scrutiny in the cryptocurrency space, the coin fell yet again — this time below $8,000, where bitcoin had hovered for several weeks. Late Friday, bitcoin changed hands around $7,400.

Regardless, Bogart(a partner at blockchain capital) said it's still a buy. In fact, he said it's the only coin traders should be buying as the coin becomes more mainstream.

Many of the other forms of cryptocurrency, Bogart said, are "over-promising and under-delivering. Meanwhile you have a few that are kind of excelling at their use cases. Bitcoin being one of them." Bogart recommended selling coins like Cardano, TRON, IOTA and NEO.

"A lot of those tokens are overvalued," Bogart said. "They could be go up significantly, but they also have significant headwind." Alternatives like ethereum, ripple, bitcoin cash and EOS, however, he described as "neutral" — and he told investors to hold for now.

what are your insights why does bitcoin still a buy in spite of all the losses?

I agree on what Bogart said that bitcoin is still a buy and this is the right time to buy more bitcoin while the price is still cheaper, holding this currency will give us more profits in the future as what they predicted that this will be expensive as lambo.

[richardsNY]

I also pondering over grabbing few more bitcoin to make my future secured. I don’t think so bitcoin will remain same.

If you buy Bitcoin with the expectation of 'securing' your future, then it can only end up in a big disappointment. Don't get me wrong, Bitcoin will definitely increase in value throughout the years, but maybe not in the way you think it will help you become financially secured. This market might look calm right now, but if it tanks hard from current levels, you'll definitely regret having bought. Only when you give up on the fiat aspect of Bitcoin you'll be able to make it, but not many people are able to do that. It requires also a high level of understanding of what Bitcoin is and how you think it's going to play an important role in the future....

[goaldigger]

First of all, bitcoin is just on its low price and will soar high agin some time. We find it normal and wait to the right time of selling. Next is that, bitcoin has been a part of the people not only by an investment but also to be used as a real currency for those countries who have developed it.

[Altero]

Despite the fact that bitcoint price declined for a reason i still believe bitcoint will be able yo bounce back on track.and this is the right time to buy. bitcoint will grow more stronger as long as many people believe.  best time to invest is now while still low..

A good thinking and having a positivity for the incoming will be an encouraging acts, even though we don't get a 100% assurance of getting that but it surely there is something we might have(gains). Of what happen to bitcoin price right now seems to be just normal and we can do is to keep on believing.

[Zenixin]

Despite the fact that bitcoint price declined for a reason i still believe bitcoint will be able yo bounce back on track.and this is the right time to buy. bitcoint will grow more stronger as long as many people believe.  best time to invest is now while still low..

A good thinking and having a positivity for the incoming will be an encouraging acts, even though we don't get a 100% assurance of getting that but it surely there is something we might have(gains). Of what happen to bitcoin price right now seems to be just normal and we can do is to keep on believing.

It still worth buying definitely. No matter what the price bitcoin still shows some development and more development in the future that will make bbtc a hit soon again.

[Altcoins enthusiast]

Over 40% of the current bitcoin holders buy they bitcoin above $10,000 and those people may not going to sell below the cost price.  Many people have seeing the current bearish trend as an opportunity to buy bitcoin at cheap price and now provide us with another opportunity to buy bitcoin at cheap price as in some months to come we are going to see another upwards movement.

[Lizzardis]

Many of those who overpaid last year are now eager to buy more, so to balance their virtual losses. It's great buy for current price. 10-12k more than real this year, so even 20% in just half a year is a significant profit for me

[valentine401]

according to the news at CNBC here is why:
the coin has seen better days. After surging last December to around $19,500, bitcoin has declined more than 50 percent since the start of the year. On Thursday, amid increased regulatory scrutiny in the cryptocurrency space, the coin fell yet again — this time below $8,000, where bitcoin had hovered for several weeks. Late Friday, bitcoin changed hands around $7,400.

Regardless, Bogart(a partner at blockchain capital) said it's still a buy. In fact, he said it's the only coin traders should be buying as the coin becomes more mainstream.

Many of the other forms of cryptocurrency, Bogart said, are "over-promising and under-delivering. Meanwhile you have a few that are kind of excelling at their use cases. Bitcoin being one of them." Bogart recommended selling coins like Cardano, TRON, IOTA and NEO.

"A lot of those tokens are overvalued," Bogart said. "They could be go up significantly, but they also have significant headwind." Alternatives like ethereum, ripple, bitcoin cash and EOS, however, he described as "neutral" — and he told investors to hold for now.

what are your insights why does bitcoin still a buy in spite of all the losses?

You will only lose a huge amount of capital if you are not well knowledgeable about how the market works and that is the reason why most of the traders today are losing a huge amount of investment.

[J Gambler]

Bitcoin can still buy at this price rate others always trust bitcoin can it can be relieve and will increase soonest as the others predict i also predict that is why im always holding bitcoin at it worst when the time comes those who hold for long will be blessed and the price will be the best cbecause everything happens for a reason , bitcoin is the nest at all within investing trading and others.

[andrei56]

according to the news at CNBC here is why:
the coin has seen better days. After surging last December to around $19,500, bitcoin has declined more than 50 percent since the start of the year. On Thursday, amid increased regulatory scrutiny in the cryptocurrency space, the coin fell yet again — this time below $8,000, where bitcoin had hovered for several weeks. Late Friday, bitcoin changed hands around $7,400.

Regardless, Bogart(a partner at blockchain capital) said it's still a buy. In fact, he said it's the only coin traders should be buying as the coin becomes more mainstream.

Many of the other forms of cryptocurrency, Bogart said, are "over-promising and under-delivering. Meanwhile you have a few that are kind of excelling at their use cases. Bitcoin being one of them." Bogart recommended selling coins like Cardano, TRON, IOTA and NEO.

"A lot of those tokens are overvalued," Bogart said. "They could be go up significantly, but they also have significant headwind." Alternatives like ethereum, ripple, bitcoin cash and EOS, however, he described as "neutral" — and he told investors to hold for now.

what are your insights why does bitcoin still a buy in spite of all the losses?

Of course you should be buying bitcoin right now, it does not matter what it does if it begins to go up or down or if it remains at its current price, the price we are seeing is very low compared to the all time high, this is similar to what happened when bitcoin crashed after reaching 1200 some years ago and then the price reached a price below 200 that was the moment to hoard bitcoin and even if the price is higher right now this is the moment to hoard bitcoin once again.

[Thirdspace]

following bitcoin price movements in the last few weeks, I wouldn't say losses
price chart shows somewhat stable and upward price trend
I surely hope we will break $8,000 barrier for good now,
but I don't mind another price correction back to $7,000 another chance to buy more bitcoin

[IsabellaSophia]

Obviously bitcoin is still a buy. Currently bitcoin is in the number one position. Whatever ups and downs come to it, it always cover it up.So there is no way to leave bitcoin. Very soon the price will be high and people will be benefited.   

[shulio]

If you have enough patience, every price for Bitcoin is a buy price. Bitcoin will reach higher prices in the coming years.