Knabu
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Activity: 56
Merit: 1
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September 07, 2018, 02:17:26 PM |
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First of all, you should do your own analysis and trust on it. If someone here says "buy" and you do it, you're gonna blame that person for your losing trade.
That said, the general consensus amongst people seems to be that BTC has a pretty significant support at 5800usd range, which i do agree. Buying in that range has worked out relatively well for the past couple times.
That said also, there's no guarantee that 5800 will hold forever, if any of these major dumps happen at that zone, there needs to be an absurd amount of buy-orders to keep the price in that range.
Time will tell.
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rudox
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September 07, 2018, 02:48:24 PM |
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Buying dip and hold is a trading strategy for ages and when it is well timed it normally yields profits. The issues we are having is that most people are already holding positions that are on red already as result of continues sliding of the price in the market. So the only people who may eventually gain are those that still have money they can afford to lose are the ones buying the dip and wait. The bearish market is really killing.
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matchi2011
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Merit: 267
Buy $BGL before it's too late!
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September 07, 2018, 02:55:02 PM |
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Buying dip and hold is a trading strategy for ages and when it is well timed it normally yields profits. The issues we are having is that most people are already holding positions that are on red already as result of continues sliding of the price in the market. So the only people who may eventually gain are those that still have money they can afford to lose are the ones buying the dip and wait. The bearish market is really killing.
I agree, those who have large investment capital and can buy still when another dip happen are the gainers inside this market, we can't predict how far or how long the bearish will continue and people who tend to hold are really frustrated with how things are happening, they just continue holding and wait till the bull show back again, with spare money people who can still buy more coins and keep doing it from time to time will gain bigger or can hold on and play with the situations. |
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Hiimgosu
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Activity: 38
Merit: 11
Free Crypto in Stake.com Telegram t.me/StakeCasino
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September 07, 2018, 03:05:59 PM |
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Try to buy at this dip. No, bitcoin is not 10% down. It is way beyond that. From 20k to 7k imagine that? I hope that you'll find a good trade now. Buying at this dip and sell it at the ath might give you a breakthrough.
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shashikamal
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Activity: 197
Merit: 10
dApps Development Automation Platform
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September 07, 2018, 03:23:19 PM |
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With the facts around BTC will dip more & better to wait for more dip. Most important fact is the power of holding for long term. If has the capacity to hold for pretty long time you are benefited always. Meantime it's the time to collect some good ALTS as they are in dip too. It is advisable to Buy in dip always & not to panic with market conditions if it dips more. Your capacity to hold more makes higher amount of profit. Mostly 2019 will be a good year for Crypto Space & most of investors will be benefited by then. It is important not to act quickly for market conditions as no one knows when the market recovers or dip.
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developer101dev
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September 07, 2018, 06:05:23 PM |
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So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
I prefer buying this dip right now because the market price is very low and you can actually invest a huge amount in order to earn more profit when the market starts to pump up again. |
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KGBx
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September 07, 2018, 09:53:46 PM |
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I'd not recommend to buy a lot during this dip because this may be even not a dip and even worse things may happen with crypto market actually.
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Kebokantahu
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September 07, 2018, 11:45:14 PM |
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for this, I cannot recommend that investing should wait for trend up to invest, because we sometimes have to take big risks to get big profits too. it's okay to invest but we must be able to manage our economy too. my advice if you want to invest you have to divide your money wisely because if you invest all your money and prices don't start to improve. this can cause us to get huge losses for our economy.
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pylot_trade
Copper Member
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Activity: 16
Merit: 4
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September 08, 2018, 12:09:04 AM |
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According to our internal trading algorithm, it's currently not the right time yet to buy Bitcoin for USD. There are a lot of other opportunities for Altcoins to be traded though.
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Kita Kita
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September 08, 2018, 10:40:45 AM |
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I'd not recommend to buy a lot during this dip because this may be even not a dip and even worse things may happen with crypto market actually.
Off course buying now a lot of coin is very advisable because this is now the perpect time to buy a lot of promising coin with a very affordable price on the market, for sure the market will recover again soon so buy now and just hold. |
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bitgoldpanther1978
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September 08, 2018, 01:54:01 PM |
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The recent sharp fall last September 6 is really a huge hit to cryptocurrency industry. The good thing about this fall, there is another chance for investors to buy the dips. And for the coin holders, be patience and wait until the price is right.
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Rexxxem
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September 09, 2018, 09:32:37 AM |
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Right now it's not the dip already. Check Buy Market Percentages, it's up and can go down. Im not a huge fan of holding a lot of alts rn....
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policeoo
Full Member
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Activity: 420
Merit: 105
“The Future of Security Tokens”
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September 09, 2018, 12:03:32 PM |
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It all depends on your wishes. Are you willing to wait or you are anxious... If you can't wait to buy now. Nobody knows when exactly will prices go up or down. maybe it won't go down far enough. If you are waiting for the lowest price you will never buy it for sure...
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Charloz24
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September 09, 2018, 12:19:25 PM |
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The best time now to contribute in bitcoin or good projects is because the market is falling, but I believe that no more than 1-2 months
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Bella Thorne
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September 09, 2018, 03:38:39 PM |
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The best time now to contribute in bitcoin or good projects is because the market is falling, but I believe that no more than 1-2 months
Buying this dip is the best thing we can do, we should take this as a good oppurtunity to buy a very great coin and wait a very good time to sell it and when the market will be red for long time it is still okay because on the month of november amd december the market will recover. |
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gorodi
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September 09, 2018, 03:55:18 PM |
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Actually, a few days ago I thought it was a good time to buy, but today I was really confused whether the market went down again, no sign of recovery.
to wait for no definite time, because the value of the cryoto currency is unpredictable, but now many predict the value of the crypto currency will rise at the end of this year I will not recommend you to wait. The bearish trend period lasted too long. The time, when the bull run starts is too close. You have to be in a hurry to invest in the cryptos you like. |
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KingdomHearts
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September 12, 2018, 08:48:29 AM |
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Bitcoin market is very unpredictable so what wii happen next we don't know.Therefore I think this is the time to buy bitcoin and hold it. Bitcoin price is very volatile so you will gain I hope.
Irrespective of the volatility in the values of Bitcoin, if we buy this dip-and we the know the prices are reasonably low-we might collect some handsome money when the market rise. A true investor will never sell or stop buying due to a price drop in the market. If we look at all those people who invested when the coins was launched and after that, they all had this same problem of uncertainty as well but ultimately they earned millions. |
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InvestICO2L
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September 13, 2018, 08:32:34 AM |
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Buying at this dip is always good to buy because from January we are seeing the price of Bitcoin, it is not going below 5800$ and there is a huge chance for people if they buy now. Last year people who bought the bitcoin at $1000 level have already made very good amount when not reaches to $19k.
I agree. It is always good to buy on dip because you can maximize you profit once the market recovers. Every dip or price dump is an opportunity to buy depending on the coin.The best way is to set a buy order on your exchange and leave it. Once the market falls down, your order will be automatically filled to your desired price being set up. Always if you have capital, buying at the dip is considered as one of the most suitable idea. Bitcoin is much potential, nevertheless its price is much higher than other coins. Thus when bitcoin market provides us an opportunity to buy, let keep an eye on it. Because when you buy at low price, you definitely reduce the loss in case of leading a wrong direction. The entire market is going up and down back and forth continuously, but I strongly believe that bitcoin will soon have a dramatic increase. From the beginning of this year 2018 till now, bitcoin and some others have a bad fluctuation, I therefore may reach its peak in some next month. |
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Kodok Bencot
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September 13, 2018, 08:44:29 AM |
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I think buying when the market is dip is the right choice, maybe many investors are afraid of investing when it's red, but for me this is the right opportunity to get big profits because I'm optimistic that crypto's future will continue to improve.
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anderson705
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September 13, 2018, 09:10:09 AM |
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I think should be aware of market movement. Also, when you buy, do not buy in one instances. Buy in staggered order in small amount. Example when it dips, buy 25% of your money. If it dips further buy again another 25% depending on your tolerance. Be sure to buy only good coins, a coins that you have been thorough studied and trust.
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