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Author Topic: Is It Time To Buy Bitcoin? The answer will surprise you  (Read 335 times)
Kygo (OP)
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August 21, 2018, 06:37:00 PM
Last edit: August 21, 2018, 07:47:51 PM by Kygo
 #1

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY

darkangel11
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August 21, 2018, 07:58:45 PM
 #2

What you're talking about is the fundamentals that actually are in great shape and I agree that the bull market is coming. Those who are selling now are mostly aware of it and aren't doing it because "bitcoin is dead" or some other ridiculous statement. They are doing it because either they want to play the market and short, hoping that they can make more money, or they aren't willing to wait for a year or 2 because they need money now. This second reason is a bit dumb because if you decided to invest you should have been aware that it's for the long term. I know that even if this bear market keeps dragging for another year I'll be able to survive without touching my coins.

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yla1974
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August 21, 2018, 08:57:05 PM
 #3

What you're talking about is the fundamentals that actually are in great shape and I agree that the bull market is coming. Those who are selling now are mostly aware of it and aren't doing it because "bitcoin is dead" or some other ridiculous statement. They are doing it because either they want to play the market and short, hoping that they can make more money, or they aren't willing to wait for a year or 2 because they need money now. This second reason is a bit dumb because if you decided to invest you should have been aware that it's for the long term. I know that even if this bear market keeps dragging for another year I'll be able to survive without touching my coins.
You are absolutely right, the market is cyclical, and time in the market is the most valuable asset. At the moment, all attention is focused on the appearance of the next fund. Its decision by the SEC must be published at this address. Who is interested in monitoring, just do it.
https://www.sec.gov/rules/sro/nysearca.htm
cryogencrypto
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September 07, 2018, 01:37:41 PM
 #4

If you feel this is the best way, you can buy bitcoin. Because bear markets are often used by many people to make a profit. But if you are in doubt about the future of bitcoin, then buy it in small quantities, or you don't have to buy it at all.
hubballi
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September 07, 2018, 03:38:25 PM
 #5

What you're talking about is the fundamentals that actually are in great shape and I agree that the bull market is coming. Those who are selling now are mostly aware of it and aren't doing it because "bitcoin is dead" or some other ridiculous statement. They are doing it because either they want to play the market and short, hoping that they can make more money, or they aren't willing to wait for a year or 2 because they need money now. This second reason is a bit dumb because if you decided to invest you should have been aware that it's for the long term. I know that even if this bear market keeps dragging for another year I'll be able to survive without touching my coins.
You are absolutely right, the market is cyclical, and time in the market is the most valuable asset. At the moment, all attention is focused on the appearance of the next fund. Its decision by the SEC must be published at this address. Who is interested in monitoring, just do it.
https://www.sec.gov/rules/sro/nysearca.htm

Every one just making excuse of this bearish market on the name of SEC approval, even last year also it got rejected and market reacted for some days but after that it bounced up and created ATH. So when market to be going up no one knows. Right now traders are in short term mood and not thinking of investing for long term.

Andrew1337
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September 07, 2018, 03:44:35 PM
 #6

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY



This is not true . Bitcoin is not controled by USD . Bitcoin is controlled by big people with a lot of money . So I'd recommend you to stay away till things will come back
okala
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September 07, 2018, 03:45:04 PM
 #7

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY


Many of us will think otherwise and always accuse the whales and last year pump as the reason why bitcoin is falling.  We have been analyzing the market from one view and never look at the effect of USD.  I will said we need to buy now as maybe in 2019 we would see serious pump.
Sereda_Rostislav
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September 07, 2018, 04:15:14 PM
 #8

I think it is still dangerous to buy bitcoin. It is very similar to the formation of a bearish flag. Perhaps in the near future we will see a new bottom.
mk4
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September 07, 2018, 04:23:50 PM
 #9

Topic title: Is It Time To Buy Bitcoin? The answer will surprise you

What is this? Buzzfeed?

We're in a bear market because more bitcoins are being sold than being bought for many various potential reasons like fear and hopelessness because of the dropping price, etc; and that's pretty much it. Typical supply and demand. Even if we do a lot of research there's almost no way of proving what really is the main cause of the price drop anyway.

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kevoh
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September 07, 2018, 04:31:28 PM
 #10

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.


There is no way the current bearish market is due to the USD. I find it hard to believe this. On the other hand, people are still making profits out of the bearish market, the recent fall from $7000 dollars to $6460, is an indication of an active market where buying and selling are taking place.
crairezx20
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September 07, 2018, 06:14:03 PM
 #11

It is normal to see that the price is dropping it is a sign that there are some big whales who holds a large amount of bitcoin and directly sell on the market that we called bearish market.
how many times that Bitcoin attempts to drop below $6? If you notice the graph history of bitcoin it won't stay too long below $6k because there is a strong support in $6k value it might be whales buying bitcoins again just to let the market become stable and wait for another bull market. So, it is normal for bitcoin to fall and rise again just take the opportunity to make a profit everytime the price is fall and wait for the bull market again to make a good profit.
Baofeng
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September 07, 2018, 06:35:18 PM
 #12

I think it is still dangerous to buy bitcoin. It is very similar to the formation of a bearish flag. Perhaps in the near future we will see a new bottom.

LMAO, What do you mean dangerous?

Here's a good tip, when everyone is selling, then you buy, and when everyone started to buy then you sell. Just the typical law of supply and demand and there's nothing wrong about it. Bitcoin is too powerful and no matter what people says' about, its unstoppable so its better to get in early and buy as many as you can in a bear market. And NO, there's bearish trend has nothing to do with USD.

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September 07, 2018, 07:48:50 PM
 #13

Everyone's is sharing their own opinion but no one knows the exact reason. Who wants to hold for a long time, they can buy now, but this is not the right time to buy bitcoin for the short time holder. Because the price may decrease again and it can go under 6K USD this month!
jems
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September 08, 2018, 02:13:51 AM
 #14

Everyone's is sharing their own opinion but no one knows the exact reason. Who wants to hold for a long time, they can buy now, but this is not the right time to buy bitcoin for the short time holder. Because the price may decrease again and it can go under 6K USD this month!
That's right because there is never certainty about the next bitcoin price movement, so we have to really round up the choice before deciding to buy or sell. But the one I got from here is that Bitcoin is not controlled by USD.
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September 08, 2018, 02:25:27 AM
 #15

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY


Those are convincing words but I just see it as rumors. In the Crypto market there were so many rumors going on and I never believed that rumor. I just believe in my analytical ability and I think we should buy Bitcoin now and wait for the November pump.
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September 15, 2018, 12:39:38 PM
 #16

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.


There is no way the current bearish market is due to the USD. I find it hard to believe this. On the other hand, people are still making profits out of the bearish market, the recent fall from $7000 dollars to $6460, is an indication of an active market where buying and selling are taking place.
Fall in value does not mean that US dollar is increasing in value or something other happening with it have no affect here on the Bitcoin. The major factor is the supply and demand of Bitcoin which is the real cause for its price increase and decrease. So the current market is running in its low price and we have the opportunity to buy more in numbers will be in benefit.
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September 16, 2018, 12:38:23 AM
 #17

yeah now is the right time to buy bitcoin and I think the bear market has finished, it's also big enough the impact of this bear market, don't be afraid to buy bitcoin because I think there will be unexpected surprises in the near future.
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September 16, 2018, 01:52:22 AM
 #18

yes indeed I think this is a very appropriate time to buy bitcoin, because we know that the current price of bitcoin is very cheap and will provide a large potential profit in the future.
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September 16, 2018, 04:31:06 AM
 #19

USD is very strong in recent years and has become an international currency and there are no special effects with the survival of Bitcoin, prices are entirely dependent on supply and demand, prices are falling very far depicting dumps everywhere between big people and big games, we will definitely return to the point of reversal if everyone starts to build trust.

yeah now is the right time to buy bitcoin and I think the bear market has finished, it's also big enough the impact of this bear market, don't be afraid to buy bitcoin because I think there will be unexpected surprises in the near future.

Not running smoothly in the program at the moment I think to wait for the next few weeks to be more convincing to the market, not strong enough to make a bigger lump, people who are afraid are now trying to wait for the ETF's decision.
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September 16, 2018, 05:37:17 AM
 #20

yeah now is the right time to buy bitcoin and I think the bear market has finished, it's also big enough the impact of this bear market, don't be afraid to buy bitcoin because I think there will be unexpected surprises in the near future.

The unexpected surprise in near future is when ETF get accepted or not which we will know in the end of this month. If It get accepted, btc will be rise so high, if not, then btc will be fall a lot
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