Time for that Long?

[Nonie]

yes the price of $6000 yesterday is very good to buy and for long term investment now the price has started up and reached the last 6,500 I see. I think it's still good to buy because of many predictions that say the price will be $20000-#50000 this year. hopefully it happens

[bitcoinrays]

For now I don't see any signs that we are done already, So maybe we will go even deeper from that, anyway I am persuaded that the things are cyclic and temporary... I'm still holding on.

In this situation, better option would be to hold your coins. Reason is, right now prices are moving up and down and you can’t just test on them which way they would go farther. So instead of risking your coins, better option would be to hold them as long as you can. Soon prices would get up and things would get better. Then you will just sell them at high price and earn money.

[joshy23]

For now I don't see any signs that we are done already, So maybe we will go even deeper from that, anyway I am persuaded that the things are cyclic and temporary... I'm still holding on.

In this situation, better option would be to hold your coins. Reason is, right now prices are moving up and down and you can’t just test on them which way they would go farther. So instead of risking your coins, better option would be to hold them as long as you can. Soon prices would get up and things would get better. Then you will just sell them at high price and earn money.

Hold and buy more, this situation will change a lot after the bull start to show up, we know that the market is still unstable and lots of sway will possibly
to come but with some patients it will still profitable in the long run, investors and traders will keep coming in and out, trend will go favorable to our position and then the cycle will just repeat itself.

[Dudeperfect]

To be honest, I don't think that Bitcoin price will fall any further because there is no practical reason for the price to go down from this point after 65% correction. In fact, I am expecting Bitcoin price to rise in the second half of this year and big whales and institutional investors will join the game again in order to manipulate the situation and earn profit from it.

[Anubisi]

I don't think we should easily guess the bottom of the market. This will make us lose patience (waiting), the market will continue to fall, and any point may become the commanding height!

[Flygonz]

Actually the investment is a long process, in order to obtained a income you should wait too long just to earned it.
Sooner in future you will be grateful from the things you have did when you received the money.

[Tungsten-1]

I don't think we should easily guess the bottom of the market. This will make us lose patience (waiting), the market will continue to fall, and any point may become the commanding height!

It is the volatility of bitcoin which keep the bitcoin moving all the time, if you will buy some bitcoin right now then no one actually know what will be the price of bitcoin after few months so bitcoin is hard to tell the perfect price, it is good to trade for the long term and wait for the market to be high, never think it is easy to tell the time to selling, just keep on learning, buying and holding, keep your eyes on the market, soon you will be experienced to know about the time of selling and buying.

[Btcschool]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

If I’m right, the price rate for Bitcoin today is $6220🤔😕 Hmmm… well, even if you invest now and price goes down to $2000, there is nothing wrong with it cause I’m very sure that before the end of this year the price recover above $10,000. So no loss, no matter how long its going to take, one thing for sure is that the price is going to recover and you will still make profit. This is the right time, there is no need to delay.

I don’t believe in predictions because I spent one year in crypto world and all the predictions I read were false and the facts were something different. Nobody can say exactly what will happen in the future, but it is quite good to hold your coins till the price grow gain atleast for this year because this year is not good so far for bitcoin price.

[Kurokyy]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

In my own opinion, i think that the bottom is $6k dollars because the price is playing around $5k ~ $6k dollars and most of the big whales are just waiting for the market price to drop very hard before hoarding a huge amount.

[r1a2y3m4]

Everyone is longing for bitcoin. Many people I knew, they are just checking by month the price of bitcoin unlike me as a person, I tend to look at the price of bitcoin almost everyday. It's funny to think it that way but that's the truth.

[hachiman13]

IMO, it can still dip to around 5k as the investors confidence are not yet replenished since last year's bull run. The reason for this is that the people who has a tendency to invest in cryptocurrency are leaving the market because of all the FUD.

[kakonhat]

If we go to see the total Bitcoin price then we will see many confuse point at the past time. Just imagine the past where is $20K and where is $6K? So after looking to the past now, I have decided for long. Even it safe than day trading.

[gabmen]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

In my own opinion, i think that the bottom is $6k dollars because the price is playing around $5k ~ $6k dollars and most of the big whales are just waiting for the market price to drop very hard before hoarding a huge amount.

Dude, it went below 6k twice already this year with the bottom settling at around 5.8k. And the whales are likely the reason for this kind of movement. It's likely they're waiting for people to panic, but with the weak hands probably been shaken out already by this time, the bottom would most likely be just around the same figure.

[Nila soru]

IMO, it can still dip to around 5k as the investors confidence are not yet replenished since last year's bull run. The reason for this is that the people who has a tendency to invest in cryptocurrency are leaving the market because of all the FUD.

They are doing the right thing because checking the price everyday will increase your headache and frustration. In my opinion investment in cryptocurrency should be for long time because it is also a business and any business will not give you profit from the very first day. You will have to wait for that but crypto is better than any other business because no work to do.

[MiXxe]

We should not pattern our decisions and activities based on other's. It's right that we try to make them as our  inspiration but we need to be innovative in our own decisions. In this case, by this time around, we are suppose to be waiting because the amount of bitcoin is starting to roll up once again. It actually increased by 10% already. Be ready dudes!

[juragane]

in my opinion it is already natural you wait until the price back up again because if you do not want to wait and can not control your patience then you will only lose your money.

[Gandom_z]

We dipped below 6k on the weekend

[Thanasis]

in my opinion it is already natural you wait until the price back up again because if you do not want to wait and can not control your patience then you will only lose your money.

I feel pity for those kind of people who don't have enough patience to make profits from their investment,they are going in a hurry when they see dump and they also will lose their money for someone who created that trap.Don't invest on bitcoin if you don't have enough patience to watch its prices were falling.

[bizarro]

We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long?

Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500   

I am not a diver to measure where is the bottom, lol. So I'm trying to react properly on each fluctuation of Bitcoin and also not forgetting about alternative cryptocurrencies at that time.

[richardsNY]

Don't invest on bitcoin if you don't have enough patience to watch its prices were falling.

Or use time lock to make sure you won't be able to touch your coins for whatever period of time. It's a great tool for people not trusting themselves to still benefit from Bitcoin's increases. On the other hand, maybe it's better for these people to not invest in Bitcoin at all. It could turn out to be extremely stressful for them seeing a bull run taking place and they can't sell to secure profits. It's not easy being a newbie here with how active this industry is. It's 24/7 non stop action where even a minute counts and could generate you a decent chunk of profit or puts you in the red big time....