Bitcoin still a buy despite recent losses

[Xising]

I still believe that bitcoin is still a buy. The price now is good to enter buy and soon there will be a reversal once the regulations hovering now melt down. So whoever has fund to invest bitcoin is it.

I agree because of the fact that it's just how this market works. If you would give up after actually spending time in it, especially if you have been in it for a while now, then everything would be a waste. No one devotes time and invests in something only to break out of it at the moment of loss. If a person is really serious with venturing in this market, he or she must embrace equally the risks as well as the positive things that come with it.

[1715463288]

1715463288

[1715463288]

1715463288

[1715463288]

1715463288

[1715463288]

1715463288

[Shingaling]

Yes bitcoin still a buy regardless with the low price or losses,it is a perfect timing to buy when the price decrease and hold it until you will gain profit.

[MonaLeeTracy]

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?

The bitcoin still buys because it has a strict reason, because the bitcoin is spinning, so if the bitcoin stops then the user will stop too. if the bitcoin also stops then bitcoin has been considered dead.

[alfonso94]

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?

Its the trust of bitcoin that make them buy.. bitcoin gain the trust of its owner and investors because we believe that it has a bright future.. not now not tommorrow but in the future it will goes up to its maximum..

[TrufieldICO]

I would definitely buy. Bitcoin is trading at bargain prices and to this provides a good entry point to invest

[Thirdspace]

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

what losses? price?
when bitcoin price is dropping, there are always 2 opposite views on it
one views it as a potential loss in investment, starts feeling anxious and even panic selling
the other views it as an opportunity to buy cheap bitcoin,
adds more BTC into current portfolio or starts initial investment (for new investor)
which side are you on?

[ladydark]

It's mainly because of bitcoin's previous successful performance and the profits it has delivered to its holders.Bitcoin has seen lots of price fluctuations earlier and it has not disappointed its investors except newbies who sell in panic.

[Xenrise]

We're at the buy zone right now. And I think that it is still a good buy despite of losing so many money in this. Look what yoda is telling us about, higher high means 10k usd bitcoin. Buy more and goodluck.

[AlexAtom]

losses in bitcoin is not a new things for me. Every year there are always losses. but you know that bitcoin value always increasing from year to year.
so, if you think for the long time, you will keep buying bitcoin despite it recent losses.

[Pauloma8672]

Absolutely it is a coin worth investing on because of its tendency to soar higher and increase sporadically as time goes on. So it is good to still buy bitcoin

[droptableguy2]

Bitcoins has brought a revolutionary change in the financial service industry so there are chances for the bitcoins to be in the one world currency which can be used and accepted all around the globe which makes the payments and transactions so easy, in the early stages bitcoins was used as a crypto currency or digital currency but now most of the people see this as a good investment commodity as the price of bitcoins keeps on increasing it always has a huge leap in the market making it a good investment commodity. The Investors normally look for the prices to get down to buy bitcoins so when the prices go up the investors will be able to earn good profits from the bitcoins technology.

Everyone knows what you're saying, but in reality there are some who dare risk money to buy risky coins and no commitment to collapse. But they still buy, they take risks, it is a good thing that BTC has brought to many people, they are really an ideal market to invest without depending on any side.

[jcemos9bt]

Bitcoin is always raining, reasons why so many people are buying now is just an opportunity to quickly buy i think in every market that is how things goes, they know one day and very soon Bitcoin price will increase.

[Duogembrot]

yes you are right when i get a loss from bitcoin i usually still buy bitcoin by exploiting the price when bitcoin price becomes very easy in buy as much as you can after the ride can sell again.

[batang_bitcoin]

Bogard has the same sentiment as mine, coins like TRX are overpromising their holders through partnerships and now with their mainnet launching.

Bitcoin on a cheaper price is actually a buy and it's the main attraction in the crypto market so there's not a question anymore. You've seen it reached it's all time high and now it's quite cheaper so why you will not consider it as a buy right?

[coinnumber]

Giving up is never an option it's better to buy so that the price will keep going and encouraging I think this is the time to buy it most so that the recent losses can be covered and turned to gain or profit when the price bum in future I believe Bitcoin is the highest and best digital crypto currency in the world for sure those who loss before will smile in the nearest future just hold and be patient.

[Hirameki]

I don't like all these people telling others to buy bitcoin now. it is not doing anybody any good.
I believe that we are not at the bottom yet and price may fall more and when you keep telling newbies to buy we may end up seeing another big wave of panic sellers who mess everything up again.
just let the market find its bottom and things to calm down with the whales and  their hungry bellies and then jump back in again. it will happen soon and you need to be vigilant when it happens but there is a good chance that going in too soon is not going to end that well.

True, let those people decide for themselves. Buying bitcoin is risky unless you have something to do with it other than for investment purposes.

Its easy to get discourage with the current prices for bitcoins and altcoins. Its not one that will make one happe as prices are falling. But at the same time for any one who wishes to invest, this is a good time to do that cos the prices will still rie over time. So no hopes should be lost

People who are in the industry for several years should think the fluctuation as normal. I suspect its still a price correction for last year's pump.

[TheKeyLongThumbI]

It's still a cheap sale for anyone who are smart enough to take the opportunity. Bitcoin is not doing bad after all. It's slowly increasing and having a massive support under $7k. I really feel another big explosion on prices will happen again.

[poldanmig]

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 think everyone and investors have the right to vote for themselves with what they would invest if I think bitcoin is still the best coin until now take advantage of investment opportunities with bitcoin

[doraegun]

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?

Simply because now is the big chances and affordable price to buy. this is only the time for investor to buy volume of Bitcoin for the Future by making a long term investment for the big profit after several years. that's only my perception why many people are still buying  BTC despite of all decreases of Price.

[rabia_laskor]

BTC is the father of crypto world and people know about btc and people also wants to invest here if you know the market policy then is the best time for invest also other people also investing money whereas the price of btc is low but I will tell they are smarter that’s why they are buying this coin to earn huge profit.