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Author Topic: Bitcoin Price Drop: Is this the Best Time to Buy?  (Read 785 times)
maliclaire
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June 12, 2018, 03:04:39 PM
 #21

One of the most significant questions remains what to do next – join the selloff brigade, hodl, or buy more Bitcoins?

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https://cryptomonster.net/news/bitcoin-price-drop-is-this-the-best-time-to-buy-bitcoinist/index.html
i think if the bitcoin price drops this is the time to grab this opportunity to buy bitcoin, so you can buy more, then when the bitcoin price increase it means that this is the time you can sell your bitcoin. Just hold it when you think it is not the right time to sell/ buy some bitcoins.
jcmansah7
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June 12, 2018, 03:08:51 PM
 #22

This sudden drop was quite shocking when everything from the previous days was all green from the major exchange platforms which i observe daily. When the price drops suddenly like how it just did it is a very crucial time to get unto the market and do some trading since most newbies in the cryptocurrency are easily swayed by this and they sometimes think it will never rise again so they are move by the wind of panic sales. They then decide to sell it off as soon as possible before it drops again. This is where you should be smart and purchase them so that you can do the HODL thing until bitcoin moons again. As a cryptopreneur who has gained experience into trading of cryptocurrencies you are very much aware of these ups and downs of cryptocurrency which is due to its volatility and so news like this should not disturb you much but you just hope it rises up soon.

Ootsumasu
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June 12, 2018, 03:14:03 PM
 #23

just as when we invest in general, buying at a downward price is a prey for many investor, because they are eyeing sales at inflated prices and trying to gain high profits.

I think buying at a time when bitcoin prices go down is a very good decision, just how can we be patient until the bitcoin price goes back up.

 Grin Grin
anshum_sharma
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June 12, 2018, 03:27:03 PM
 #24

It’s never too early or too late for investing in bitcoins. This can be dependent on your ability to cope up with things.
Rebdoomer
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June 12, 2018, 03:28:28 PM
 #25

I would wait for the low $200 billion market cap range before buying
tegarp90
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June 12, 2018, 03:29:58 PM
 #26

By 2 PM (EST) on June 11, 2018, Bitcoin had dropped almost $1,000 from its price, trading at $6,700. BTC is now trading at its lowest value since the middle of March 2018. One of the most significant questions remains what to do next – join the selloff brigade, hodl, or buy more Bitcoins?

Details:
https://cryptomonster.net/news/bitcoin-price-drop-is-this-the-best-time-to-buy-bitcoinist/index.html

Some people predict the price will hit 5k after next journey to the moon.
But, some people also said it's a final deep before it's mooning.
For me, i will just go all in right now because i'm sure it's already dip.
Ayaancool
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June 12, 2018, 03:32:54 PM
 #27

By 2 PM (EST) on June 11, 2018, Bitcoin had dropped almost $1,000 from its price, trading at $6,700. BTC is now trading at its lowest value since the middle of March 2018. One of the most significant questions remains what to do next – join the selloff brigade, hodl, or buy more Bitcoins?

Details:
https://cryptomonster.net/news/bitcoin-price-drop-is-this-the-best-time-to-buy-bitcoinist/index.html
It's the best time to make more purchase of bitcoin . It's a great opportunity to all new comers and those who are left their dream of buying bitcoin because of lack of money. So don't be waste time and utilise your opportunity.
normanderecho
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June 12, 2018, 03:33:29 PM
 #28

just as when we invest in general, buying at a downward price is a prey for many investor, because they are eyeing sales at inflated prices and trying to gain high profits.

I think buying at a time when bitcoin prices go down is a very good decision, just how can we be patient until the bitcoin price goes back up.

 Grin Grin





For me theres no best time to buy because we know the price bitcoin in the future will goes up and theres a big chance to reach the original price of bitcoin so if you planning to buy always good to buy but you see the price of bitcoin now is dropping its good also to buy so buy and hold im sure you can get a profit.

jademaxsuy
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June 12, 2018, 03:36:22 PM
 #29

Yes indeed but if i were you maybe you should always check the crypto market price because probably we do not know how much crypo market price will continue to fall down or drop. It could be troublesome if you are going to invest specifically on bitcoin at 6,7K and then it will fall to 3k USD. So better check market price now and then buy later if the market price drop has stop to fall.
leviathon
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June 12, 2018, 06:17:09 PM
 #30

If you have to ask this question than either you don't trust in the Bitcoin project or aren't yet sure if you are ready to enter into the Bitcoin markets. What you should be doing is daily cost averaging and not worry about the price if you are into Bitcoin for the long term. But if you are in for the short term than you are going to get burnt as Bitcoin isn't a get rich quick scheme and most of the times the price is too volatile for someone to make a entry.
longwintershere
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June 12, 2018, 06:29:20 PM
 #31

If you have to ask this question than either you don't trust in the Bitcoin project or aren't yet sure if you are ready to enter into the Bitcoin markets. What you should be doing is daily cost averaging and not worry about the price if you are into Bitcoin for the long term. But if you are in for the short term than you are going to get burnt as Bitcoin isn't a get rich quick scheme and most of the times the price is too volatile for someone to make a entry.

good point, it's important to create a community of people that actually care about the technology instead of these people who just shout scam and ask if the price will double in 3 hours

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Gabah56
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June 12, 2018, 06:35:16 PM
 #32

if I think now is a good time to buy bitcoin gan. even now i have accumulated capital and i will use to buy bitcoin and altcoin. because now the bitcoin prices are down again so now i will use to buy bitcoin and I will not sell my bitcoin unless it has gained considerable profit in my opinion. and I do not care even though it takes a long time months

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Bairbe
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June 12, 2018, 06:53:43 PM
 #33

The other day was an important anniversary. On the website 99bitcoins came out the 300th obituary of bitcoin. In case anyone missed it, the guys got behind and began to count the reports of experts and major media about the fact that bitcoin the end. They started in 2010, when it cost $ 0.23. Then Underground Economist buried bitcoin with the wording"it is afloat, just because it is new". Now the new product is already 9 years old, and its rate even in difficult times exceeds 7 thousand dollars.

The anniversary obituary wrote to Forbes. Of course, there is found a new argument, saying that governments will bother to tolerate the energy consumption, and the farm will close down. I won't pretend to be smarter than the experts Forbes, it isn't. But this statement is too categorical: not all countries are against the huge amounts that are paid for the electricity of the farm. Some even think how to put on a brave thing heat, which they produce.

What am I doing? Think about it-bitcoin was buried 300 times, starting with the rate of $ 0.23, and he continues to climb out of the grave. Burying will and further. So before you sell, remember how many crises have already been, and as a result, sorry for those who listened to public opinion. And look at the 99bitcoins-it's useful.
nguli
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June 12, 2018, 07:11:44 PM
 #34

yes you are right now the price of bitcoin plummeted and it seems now is the right time to buy bitcoin and some other coins because I see a lot of coins that have decreased prices.
CryptoRaymond
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June 12, 2018, 08:59:50 PM
 #35

I believe that you can invest in crypto at anytime. You just need to be technical and strategic to make the final call. You can make Profit by investing at any time. But since the Price is declining, I think, you can invest now.
Markettoken
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June 17, 2018, 06:20:39 AM
 #36

at the time of this down price do not hurry to sell let not too much loss. and for those who want to buy the right time right now
Akramfxd
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June 17, 2018, 06:29:26 AM
 #37

Maybe yse it is the right time to invest BTC . after we can earn some money.
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June 17, 2018, 06:38:44 AM
 #38

I think with bitcoin prices continue to fall we should resist not to sell bitcoin because the price will certainly rise even though it takes a long time
Thanasis
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June 17, 2018, 06:44:38 AM
 #39

Yes,it is the best time to buy bitcoins but we never know that price will fall more or recover soon so there is no bet time will come and make the current time best for you by doing the right things and also don't be too greedy pick the coin at the current price and hope that the price will increase in long term.

ShankarWarang
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June 17, 2018, 06:45:03 AM
 #40

Buy more at dip and HODL!
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