Bitcoin Price Drop: Is this the Best Time to Buy?

[metro.software]

If you have free money for sure!

[Xiawei9]

I don't think so and wait.

[Singwala]

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

My suggestion is to buy that because it is our chance now. But first of all, the reason for the fall and what is happening in the world of crypto currency is why it has fallen. Through this we will have an idea if it's the right time to buy a bitcoin.

And of course you have an idea.

[dedens212]

Yes it is. Now the market is in the red zone. Almost all the coins are down. Buy now Bitcoin. Hold hold at least until the end of the year. At that time I was sure the price of Bitcoin had soared high. Then sell Bitcoin and you will definitely get a big profit.

[carol15171821]

No one know it the price of bitcoin going down contineusly and  time to buy to hodl. No one can predict it actually.

[Dyiyooo]

It is the best time to buy, you don't know when bitcoin will rise again.

[GoldenLad]

Yes, I think this is the best time to buy. Whenever there is dip or a drop in the price of cryptocurrency especially bitcoin, investors should endeavor to buy then. Most investors makes the mistake of buying when the price is pumping because they believe that increase in price motivates them, this is just a major mistakes. During the pump, investors sells or keeps on holding and not starting buying.

[shkwarka333]

I think that we will not see a lower price, which means that this is the opportunity to buy bitcoins. I try to think logically and looking at the analogy with the past years, I think that this mark is the lowest.

[gabmen]

I think that we will not see a lower price, which means that this is the opportunity to buy bitcoins. I try to think logically and looking at the analogy with the past years, I think that this mark is the lowest.

Lol. People always say that. Back in january they said that 15k would be the lowest we could go. Then they said that we won't go below 10k. Then 9k. People expecting to hit specific figures are more often disappointed by btc's movements. If you're planning on buying, set up your expectations and adjust to price movements buy buying sparingly

[Mia Wallace]

Normally whenever the  price of bitcoin is dropping  the market will be under the pressure of the bearish movement this time will be a better one for  buying..Usually a market expert will generally consider the support and resistance level of the bitcoin prior to buying it.This is the general concept when it comes to trading in common.The originators intention to provide a common powerful currency to the global community for spending.to their daily requirements

[septyadf1]

When market goes down that is the golden Time to purchase it.. Then wait until market goes up.. Keep patience it's extremely important.. Keep monitoring at every little moment you never no when u get high profit.. Bitcoin market is really amazing..

[semarm3sem]

The basic trading strategy is to buy at a lower price and sell at a higher price. If a price rebound is to be expected, then perhaps, the current dip is a good opportunity to buy BTC. In the end, it all depends on risk tolerance and belief in the long-term viability of Bitcoin as an asset.

[O9NpJ9ld1opS]

Yes, it indeed is a good time to buy comparing the ATH of $20k. It's down around 70% compared to the ATH. If you are aiming for a long term, it's really a good time to buy. But overall the market looks weak. The volume is dying. I m  expecting more correction soon. Bitcoin looks pretty much exhausted, the media interest is also all time low. But who knows what is going is going to happen.

[talkbitcoin]

I think that we will not see a lower price, which means that this is the opportunity to buy bitcoins. I try to think logically and looking at the analogy with the past years, I think that this mark is the lowest.

Lol. People always say that. Back in january they said that 15k would be the lowest we could go. Then they said that we won't go below 10k. Then 9k. People expecting to hit specific figures are more often disappointed by btc's movements. If you're planning on buying, set up your expectations and adjust to price movements buy buying sparingly

you never buy bitcoin according to how low it is compared to its ATH that would be silly!
you always  buy bitcoin based on the fact that it can go up. in other words based on its potential. so saying it was $19k and now it is $X so it can go up is wrong. instead you should say it is currently $X and it has a lot of potential. bitcoin adoption is increasing so its price will go up even though temporarily it has gone down.

[btcluisdiki]

Yes, it is the best time to buy btc at this current situation knowing that it is cheaper this time. Moreover, bitcoin is still a great potential crypto coin and a promising coin that most people believe in. Trust is what matters here, if you don't have it then back off, but if you still have the confidence and the trust, let's continue supporting btc for it will significantly make a history in the coming months.

[Nhor1011]

      If you know very well what is bitcoin and why it was created then you should believe that every time is a good time to buy bitcoin and invest. No matter what the situation of the market bitcoin will continue to rise and become more valuable because bitcoin has a great potential as digital investment and it is the strongest coin in digital world.

[PeRo]

Well I think it could go even lower but I wouldn't risk it because it could get higer any time. It is a pretty good time to buy, beacuse the price will probably get to about 10.000$ in this year, if not even higher than that. It depends how long you want to hold, the price could go to a new ATH.

[kasurnya]

Low price is the right time to buy, probably will not last long. You could lose the opportunity to buy when the price is low, and when the price goes up again, I'm sure you will be very disappointed to miss this opportunity and not make a wise decision.

[titan20]

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

With such a decline, in my opinion, it is best to buy more Bitcoins if you have such an opportunity. But in any case you do not have to sell.

[damort]

Depending on many source I found, just like this one: https://btcmanager.com/can-bitcoins-decline-in-value-affect-the-stock-market/
"While the declining value of Bitcoin may not have a direct impact on the stock market, there are concerns that the decline in Bitcoin’s value will continue."
It will be better to wait BTC goes down more and then buy it. It is on the verge of going down of a "sin" diagram, it will go up soon.