Market still in the early stages of Collapse, only the Stupid buy this early

[TheLoser]

I think that bitcoin will still fall for a while and who believes in bitcoin can buy it even cheaper , but everyone decides for himself what to do now .

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[coolcoinz]

I think that bitcoin will still fall for a while and who believes in bitcoin can buy it even cheaper , but everyone decides for himself what to do now .

It's good that you think so, the more people get ready for a drop the less chance it will happen. Sounds strange and like it's against the market psychology? Not at all!
When people are hoping for a drop they open short positions, and the majority of coins isn't held by the majority of investors. It's exactly the opposite. 1% of investors hold more than 50% of all coins. It's enough for 1 or 2 rich people to start buying and all the shorts get liquidated and the more shorts the more they'll earn by turning the market around. It's just a matter of time before they make their move.

[kelz1]

Hate to say it buy the advice appears to be quite accurate. The support around 3500 has fallen and the new floor is going to be around 3000. If that gets breached we are in trouble

[shendy]

The market does collapse, buying and selling is an excessive panic. Fear continues to come with every coin dropping, people's steps to panic that is selling and being taken by the investor and finally the person loses.

[mayax]

people who buy bitcoin do so only because they want to turn a quick profit by selling their holdings to a “greater fool” than themselves.

[Zin-Zang]

Hate to say it but the advice appears to be quite accurate. The support around 3500 has fallen and the new floor is going to be around 3000. If that gets breached we are in trouble

At least , you can see it,  

many here are blinded by emotional fanaticism bordering on cult like behavior.

As long as the Chinese Miners are Short Selling all of their coins to just keep the ASICS on , price is headed down.
Miners blew all of their reserves trying to hold the market above $6000 for months, now they have no reserves left except selling everything.

Which shows you where they really place value not in bitcoin itself, but in keeping the ASICS operational, which is becoming harder every day.