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Author Topic: Did we hit the bottom already?  (Read 523 times)
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December 23, 2018, 11:43:22 PM
 #41

I don't think we already got the bottom, there's always chances that it's going to drop below 3000$, but for now the price is already recovery,in this few days the price has been moving slightly to a green zone, hopefully we don't need to hit the bottom and this could trigger the bull run

So we have a 50/50 chance, as always  Grin

I think it is too early to answer the question whether the bottom has been found. I think it is very likely that we are at the beginning of the last wave. I think that now the BTC price will grow to around $6k - $7k and later we will have another panic sell and effect worse than last time. In my opinion it will be bottom, but I have no idea how low the price will fall. It is possible that below $2k, or maybe even $1.5k

 
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December 23, 2018, 11:53:03 PM
 #42

Not sure why it really matters. Lets be honest no one is going to time the bottom perfectly and if you looking to HODL then why wouldn't it matter if BTC goes down a bit more in the short term?

I wouldn't be surprised if we saw a flash crash before going up.
The bottom price might not matter to you but for those that have already set a capital aside to buy when dip, the bottom price is their chance of making huge profit when the crypto market is fully restore. However, you're right about no one can actually predict the correct bottom price of the market but the market is yet to reach the bottom price of this market.

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December 24, 2018, 12:23:18 AM
 #43

Maybe, maybe not. But when the bull is in full swing and the price is swinging past $50k on it's march towards $100k, do you really think you will look back and regret buying at $4k rather than wait for the $2500 bottom?
Or, maybe it will dump to zero WHO. THE. FUCK. KNOWS.  Grin
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December 24, 2018, 03:44:14 AM
 #44

I think it was not the real bottom. Unfortunately, many experts see the bottom at the level of $2k. I do not like it, but unfortunately it often happens that the market rises only after a complete fall. People are still waiting for lower prices to buy cheaper, so it may happen that their wishes come true.

 
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December 24, 2018, 06:35:11 PM
 #45

I think it was not the real bottom. Unfortunately, many experts see the bottom at the level of $2k. I do not like it, but unfortunately it often happens that the market rises only after a complete fall. People are still waiting for lower prices to buy cheaper, so it may happen that their wishes come true.

I got that, however when Bitcoin hit 8k and we are still not at 2k then they might realise that their magical bottom has never occurred?
Nothing can bring down the prices at the moment only major exchange hacks, like Binance hack or ETF refusal. Everything else has been priced in, such as BAKKT delay and ETF delays and so on. No other usual weak fake news/ manipulations would work. Sorry Jp Morgan and Morgan Stanley and Goldman Sachs.
Also soon we are at 200$ ETH price, so the magical bottom lookers option is running out fast.
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December 24, 2018, 11:52:51 PM
 #46

it seems like yesterday has reached the bottom, now the price of bitcoin has started to recover and is starting to stay away from the bottom. I hope the market conditions continue to improve  Undecided

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December 25, 2018, 02:07:57 AM
 #47

it seems like yesterday has reached the bottom, now the price of bitcoin has started to recover and is starting to stay away from the bottom. I hope the market conditions continue to improve  Undecided

I think so, and maybe the market will start to pump again in the last week of 2018 and will go higher in early 2019. This is just my speculation and anything can happen in cryptomarket so if you want to play safe then better to study the market well and invest only on the good coins you believe will grow in the future.
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December 25, 2018, 05:08:51 AM
 #48

I don't want the bottom line would be fall at $3000 below but if this is happen then nothing i can do and i can't avoid it but maybe seems the price will survive at $3000 range at least until end of this month however my biggest fear is when we are entering 2019 bitcoin will reach to new bottom line and i wish it's not gonna happend
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December 25, 2018, 04:00:31 PM
 #49

It appears to be that way. The problem with the word "bottom" in economy is that you will never know if you bottomed out. You will know you did not bottomed out by prices going even lower, if something is 3100 and it goes lower to 2800 than you can say 3100 was not the bottom.

But, looking at 3100 and than not going any lower you will ask was that the bottom and will never know until it goes lower, if it doesn't its just common sense that it won't go any lower, just like we know it won't go lower than 100 dollars for example. I believe 3100 was around the place where we bottomed out but there was a lot of talks of 2800 being the bottom so I was fully expecting that to be honest, I even  sold my coins at 4200 to expect a bottom at 2800 to rebuy but it hasn't seen that.
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December 25, 2018, 10:32:51 PM
 #50



[/quote]
I think so, and maybe the market will start to pump again in the last week of 2018 and will go higher in early 2019. This is just my speculation and anything can happen in cryptomarket so if you want to play safe then better to study the market well and invest only on the good coins you believe will grow in the future.
[/quote]

Indeed. I invest into coins which I believe in. Every project faces quite different challenges but in a way quite similar as well. They are fighting for the trust of the retail investors and especially for the trust of the institutional investors:)
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December 25, 2018, 11:16:48 PM
 #51

Do we really need to hit the bottom? What if we already hit the bottom and keep asking without doing something? Instead of asking just do what you can if you want a good profit. There is nothing you can get from these people, it is only you who can help yourself.

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December 25, 2018, 11:54:42 PM
 #52

Do we really need to hit the bottom? What if we already hit the bottom and keep asking without doing something?
The market will very likely bottom out at levels people won't be able to prepare themselves from. And yes, it might very well be that we hit the bottom, that's the best thing of a market that's so speculative. People have in mind that $3000 or whatever other level has to be tested first in order to bottom out, while as I said, it very likely won't bottom out at levels people can prepare themselves for.

Tone Vays has become somewhat of an idiot lately. He wants to see entities as Tim Draper to give up on Bitcoin and dump their coins before we can expect a bottom to be in sight, lol.

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December 26, 2018, 12:09:00 AM
 #53

I think it was not the real bottom. Unfortunately, many experts see the bottom at the level of $2k. I do not like it, but unfortunately it often happens that the market rises only after a complete fall. People are still waiting for lower prices to buy cheaper, so it may happen that their wishes come true.
Its really hard to find the bottom because the market is keep on pumping, hopefully we hit it already. We should be prepare for that, so we can also buy more if the price goes to $2k level again. Don’t be scared because if we hit the bottom, expect the market to rise right away, so if you bought more on that level you are so lucky because good profit will come to you.
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December 26, 2018, 05:30:41 PM
 #54

Did we hit the bottom already? What is your bet? I think yes, we did last Sunday when we hit 3130 for Bitcoin, since then we are flying.
What is your next move?
Are we in already in the next bull run?
According to my experience in a bull run, Bitcoin and other big cap coins will increase such as Bitcoin and Ether and at the moment Bitcoin Cash like it or not and a bit later ETC and other similar ones and later the smaller ones such as Yggdrash etc.
Unless there is a sudden drop coming in the following days I doubt we could move any further down.

The market has went up from the bottom we have seen and hit 4200 and whales tried to bring the price down and it didn't worked so we are right now at a place where it costs insanely much to drop the price a lot more so they have to either spend money and drop it considering those costs as a collateral for the future wins they could make from the short futures or they will have to create some type of chaos.

If none of that happens I think our future is bright and we are looking at a crypto market that will move on further higher. For example bitcoin didn't move much today but the altcoins have moved up again, specially ETH moving higher and higher shows amazing things for our future.

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December 26, 2018, 05:32:30 PM
 #55

I think it was not the real bottom. Unfortunately, many experts see the bottom at the level of $2k. I do not like it, but unfortunately it often happens that the market rises only after a complete fall. People are still waiting for lower prices to buy cheaper, so it may happen that their wishes come true.
Its really hard to find the bottom because the market is keep on pumping, hopefully we hit it already. We should be prepare for that, so we can also buy more if the price goes to $2k level again. Don’t be scared because if we hit the bottom, expect the market to rise right away, so if you bought more on that level you are so lucky because good profit will come to you.
No it is not the bottom yet.This cannot happen as the value is very volatile and there is pumping jumping in the market all the time.Anything can happen.But the users won't let this happen.Prices are determined by a number of factors like demand and supply forces,amount of investment done etc.Even after the fall people still have faith and this is the reason why the bottom has not been reached.It is expected that the market will rise the 2019 which is a good sign.
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December 28, 2018, 06:45:09 PM
 #56


Its really hard to find the bottom because the market is keep on pumping, hopefully we hit it already. We should be prepare for that, so we can also buy more if the price goes to $2k level again. Don’t be scared because if we hit the bottom, expect the market to rise right away, so if you bought more on that level you are so lucky because good profit will come to you.
[/quote]No it is not the bottom yet.This cannot happen as the value is very volatile and there is pumping jumping in the market all the time.Anything can happen.But the users won't let this happe[Suspicious link removed]ices are determined by a number of factors like demand and supply forces,amount of investment done etc.Even after the fall people still have faith and this is the reason why the bottom has not been reached.It is expected that the market will rise the 2019 which is a good sign.
[/quote]

So if we rise in 2019 and this is well expected when will we hit our true bottom? In 2020 or what? By 2020 Bitcoin will be 29000 I think.
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