Market's on minimum, time to buy?

[iTradeBit]

On Wednesday (November 14, 2018), Brian Kelly, founder and CEO of digital asset investment firm BKCM LLC, explained yesterday's "crypto market crisis" that led to double-digit percentage losses for most basic crypto-conversions, including Bitcoin, which dropped to $ 5,569, its the lowest price in a year.
But Brian Kelly suggests not to worry, saying that in his fund they used the moment to purchase. Do you agree with him?

[TheGodson]

No, that was a mistake. I think it will go much much lower. Bitcoin is at the beginning of the end. The end is near. Time to panic and sell sell sell. Everything!

It really is going to hell. Everyone can see it, but doesn't want to admit it and blame it on imaginary whales.

[stompix]

Bitcoin, which dropped to $ 5,569, its the lowest price in a year.

Well, the price I'm looking at right now is 5,514 on average with coinbase and bitfinex (which deal in usd not usdt)  showing $5,415 and $5,416....so his minimum is no longer a minimum.


Funny how a part suddenly says they are buying, the others are hodling yet the price is going down showing that in reality...people are selling.
We need to get past the bshit drama and the hashrate war and we will see greener pastures ahead 

[mk4]

But Brian Kelly suggests not to worry, saying that in his fund they used the moment to purchase. Do you agree with him?

Tell you what. Don't listen to these so called crypto "experts". No one knows for sure what the bottom is, and no one knows when exactly is the perfect time to buy. Even Mike Novogratz, the CEO of Galaxy Digital, said that the bottom was the previous $5,800-$5,900 low. Guess what happened to the prices today? These experts really predicted it right huh?

If you think bitcoin will be successful long term, then it doesn't matter at what prices you buy your bitcoin right now. Unless you're just trying to make short term money, then it's pretty much a gamble.

[Snowmylife]

great... and i literally bought 1 hour before the price crashed, now im down 15% in value

[oppasong]

we don't need to worry about the price of bitcoin continuing to fall to touch $ 5,569 because surely after this goes, bitcoin will go back up because it's already at the end of the year as said Brian Kelly

[Coyster]

great... and i literally bought 1 hour before the price crashed, now im down 15% in value

Many people are down with about 80%,think of users who bought during the 20k dollars time,and are still holding up,expecting a rise, it takes a really strong mind to survive in this network..
As always it'll always be right to hold on, as it'll be foolish selling lower than you bought,except you're in real life financial crisis

[Muzika]

First things first, you really dont know what is the base price of the coin you cant say that the todays price is the floor price, second if the market is at its floor price you should consider the time because for sure when the market drops to the floor the market will really took time to recover.

[happy weblancer]

great... and i literally bought 1 hour before the price crashed, now im down 15% in value

Many people are down with about 80%,think of users who bought during the 20k dollars time,and are still holding up,expecting a rise, it takes a really strong mind to survive in this network..
As always it'll always be right to hold on, as it'll be foolish selling lower than you bought,except you're in real life financial crisis

Now isn't exactly the time to dump. You can buy if the money is still there. It's even better to buy altcoins, because when Bitcoin starts to grow, they can grow even more. If you don't know what to do, do nothing - a Chinese proverb.

[crossabdd]

I agree with that. because every dump happens to crypto. it is an opportunity to buy and take profit. it's just that, at the moment Bitcoin is like being in conflict with BCH. although the opportunity to buy is good. but stable waiting is better. because I think there will still be a dump again.

[bravehearth0319]

First things first, you really dont know what is the base price of the coin you cant say that the todays price is the floor price, second if the market is at its floor price you should consider the time because for sure when the market drops to the floor the market will really took time to recover.

Though we're not if bitcoin already hits the bottom, what he just want to say is that you take advantage of the sharp decline. You can buy bitcoin now or maybe you can still wait and see what will happen in the coming days. Now, bitcoin is good for long-term investment. Majority of us here in cryptocurrency believe that bitcoin is highly capable of recovering.

[Gozie51]

They say rich people use their time to think and rethink about opportunity that is staring at them. Bitcoin drop is an opportunity to make more money. So investing at the right time is the best thing to do because price will recover again.

[giantrobot]

On Wednesday (November 14, 2018), Brian Kelly, founder and CEO of digital asset investment firm BKCM LLC, explained yesterday's "crypto market crisis" that led to double-digit percentage losses for most basic crypto-conversions, including Bitcoin, which dropped to $ 5,569, its the lowest price in a year.
But Brian Kelly suggests not to worry, saying that in his fund they used the moment to purchase. Do you agree with him?

This is a rather chaotic time. Yesterday, I visited forums and social networks about Bitcoin falling to $ 5800. At times we need to stay calm and watch the market often, otherwise you will suffer damage.

[treatWy]

The crypto market will gonna rise again no matter what will come against it, crypto can overcome all the unnecessary things. Well, we know that the market is volatile so possible that tomorrow it will hit the pick. Time will come of bitcoin recovery. Don't lose your hope.

[clonely]

On Wednesday (November 14, 2018), Brian Kelly, founder and CEO of digital asset investment firm BKCM LLC, explained yesterday's "crypto market crisis" that led to double-digit percentage losses for most basic crypto-conversions, including Bitcoin, which dropped to $ 5,569, its the lowest price in a year.
But Brian Kelly suggests not to worry, saying that in his fund they used the moment to purchase. Do you agree with him?

Obviously it's hard to say anything in such situations. Under normal conditions, we can see hard exits. But it is very important what will do Bitcoin!

[liuqi]

The crypto market will gonna rise again no matter what will come against it, crypto can overcome all the unnecessary things. Well, we know that the market is volatile so possible that tomorrow it will hit the pick. Time will come of bitcoin recovery. Don't lose your hope.

I am also expecting some positive vibes in crypto market so bull run is start soon in crypto and we are all ready to accept any situation in this platform. I think few peoples only understand the market situation so we never loose the hope in crypto and good investors are buy more Altcoin and Bitcoin in yesterday market.

[santiPOGI]

Just bought more ETH and BTC today.
I know that the fall is due to BCH fork.
Therefore, BTC price and ETH will be normal again or will rise soon.
After the fork i am expecting a good profit! but will still hold.

[randythered]

I'm holding off on buying any more coins, also I'm holding off on selling. There seem to be a combination of events, China miners being switched off and bitcoin cash hash wars that could be contributing by way of decreased hash rate in bitcoin. I'm going to wait and see what happens in the next few days and go from there. If you watch the exchanges there are consistently big sell orders being placed that must be coming from somewhere.

[Reid]

No, that was a mistake. I think it will go much much lower. Bitcoin is at the beginning of the end. The end is near. Time to panic and sell sell sell. Everything!

It really is going to hell. Everyone can see it, but doesn't want to admit it and blame it on imaginary whales.

Yeah right. When it falls it is the end. When it goes up it is silent.  

Why even go to a bitcoin forum just to say things like this? Ain't that just a waste of time? Or you just here to advertise that signature and personal message that you have?

Bitcoin is dust before please remember that.
Oh and all coins are going down. Nothing can escape this fall. All of the coins will dragged with it once bitcoin falls. That I am sure about.

[BUK2016]

The market is on the minimum at the time of this post which indicate that more sellers are trooping into the market to sell fast whereby creating more panic and also contributing to the current dwindling price of cryptocurrency. Though it might go down farther than this but the general community of cryptocurrency must HODL to fight back, else the whales win.