Analyst: Bitcoin below $ 10,000 is a gift!

[jostorres]

Even at this stage we can't really know what would be gift and what would be alarm bells. I know people think that just because we have bitcoin at under 10 thousand there is a way to go back up but that could also mean going even further down if its a bear run. There is no difference between going under 10 and than going back up versus going back under 10 than going under 9 even 8 which means we have no idea which one is going on at that moment until its too late.

Hence, we can't really blame people for not buying under 10, last time if we did it we could had a bit of profits and this "gift" idea would have been true but remember days when going under 10 was just the road where we went down as far as 6 thousand and than 3 thousand, it could have been like that too.

[barota]

bitcoin rise a lot every years , and i think now it is the time for prices crash hard
bitcoin price can crash to price of mtgox When the service stops

[Wilhelm]

bitcoin rise a lot every years , and i think now it is the time for prices crash hard
bitcoin price can crash to price of mtgox When the service stops

Which service?

[Twinkledoe]

Price suggest that we buy considering how much it was and that have up tread. Still more then 50% of population into crypto this price is expensive as mentioned here. So then they will probably ask what to do. Most know that price will go up and some will make risk, example go to bank take loan invest in bitcoin return the loan and have profit. Maybe good idea but risky what if price goes below even more.

Investing in crypto is really a high risk decision. If you are a newbie in crypto, you should not invest just because your colleagues are also doing it, the chance of losing your money is high in that way. You should learn first the basics of crypto especially bitcoin. And if you are already confident with your decisions, then maybe you can invest it with your own decision in place and not relying to anyone else. You can't blame someone with your decisions, right?

[SquallLeonhart]

Price suggest that we buy considering how much it was and that have up tread. Still more then 50% of population into crypto this price is expensive as mentioned here. So then they will probably ask what to do. Most know that price will go up and some will make risk, example go to bank take loan invest in bitcoin return the loan and have profit. Maybe good idea but risky what if price goes below even more.

As much as the $10k price was a gift because there is going to be one time in future that this price will never be seen again, just like we can never see between $1 to $2000 in the life of bitcoin again, but that would not warrant that we go take loan for cryptocurrency investment, it is highly risky and you might have lose all before you even get to see the increase.

If bitcoin price dos not rise the time you give your creditors to pay them back, you will surely have to pay them back, which means that you have to sell whatever is left and the collateral you must have dropped to pay them off, the best way to our money into cryptocurrency is to save up for it and put whatever amount that will not affect you too much or amount you can afford to lose.

[MFahad]

bitcoin rise a lot every years , and i think now it is the time for prices crash hard
bitcoin price can crash to price of mtgox When the service stops

Which service stops ?
I think you do not have much knowledge of bitcoins.  Bitcoin might fall 1000$-2000$ due to any dump but in a long run it will be hard to get the bitcoins under 10,000$. These days you will find  it impossible to buy bitcoin at one thousand dollar and after a year you cannot even think of buying it under 10K.

[maxreish]

I will not disagree about that bitcoin enthusiast who happens to say that below $10,000 is a good buy. Last week it touched down at $9,300 and I buy btc at that price. Doin' some short term trades and the current price of bitcoin is at $10,600 now, it already reached my target profit. Since there will be another dump, we can still buy below $10,000 and enjoy some short trades.

[btc78]

Price suggest that we buy considering how much it was and that have up tread.

This depends  on how you wanna deal in crypto because we have our own desire why we are here,while some of us are here for daily or short term profit,some are willing to make a holding so its the choice that will make you decide to buy even on high,or just focus on buy low sell high

Still more then 50% of population into crypto this price is expensive as mentioned here.

What?sorry but I’m loss here.

So then they will probably ask what to do.

Who’s gonna ask for whom?i guess there’s nothing like that happens here

Most know that price will go up and some will make riskexample go to bank take loan invest in bitcoin return the loan and have profit. Maybe good idea but risky what if price goes below even more.

Lol is that a joke?you will risk a loan to invest for something you have no assurance?if you are around crypto for years you’ll find how many people here cried because of this wrong decision

[Jating]

I will not disagree about that bitcoin enthusiast who happens to say that below $10,000 is a good buy. Last week it touched down at $9,300 and I buy btc at that price. Doin' some short term trades and the current price of bitcoin is at $10,600 now, it already reached my target profit. Since there will be another dump, we can still buy below $10,000 and enjoy some short trades.

I see the price is going down so fast today, ~$10k could be hit again if the trend continues. No doubt that this will give us another golden opportunity to buy and accumulate as I believed we are still in the accumulation phase.

So let's continue to see if the market dumps in the next 24 hours. Although others may say that 5 digit has a lot of support, but a few weeks back it was slice like a knife. It might happen again so we need to be very fast scooping more bitcoins again.

[pieppiep]

But the problem, many people don't realize about that, and they want to see the price going to lower again so they can start to buy. We cannot always get what we want, and if you can see bitcoin price can get down too deep, then you need to buy, don't wait for another lower price because you might miss that. In this situation, you can split your money become two parts, one is to buy for the lower price than the current price, and secondly, you can place it on the lowest price just in case the bitcoin price will get dump so hard. I think that will help you to get bitcoin at the lowest price but if the price increase after the price you bought then you don't have to worry because there will be another lower price in the future. Bitcoin will be up and down, so prepare your money to buy bitcoin.

[RealMalatesta]

As long as there is no bear run all prices we have right now looks amazingly good to buy.

It is not a "gift" since you literally risk your money and we don't know how much of it you can get back. However at the same time there are not many things that guarantees this much freedom in trading and profiting in the world, all other things that worth something unfortunately risks a lot more and even bitcoin sometimes has a lot of risks so saying that under 10k is a gift kind of tries to imply that it is better option than many other profitable business out there.

I still don't know how much we can trust this instinct because there is no guarantee that bitcoin won't go down but all things points to a better price than under 10k anytime we fall under it.

[darewaller]

I will not disagree about that bitcoin enthusiast who happens to say that below $10,000 is a good buy. Last week it touched down at $9,300 and I buy btc at that price. Doin' some short term trades and the current price of bitcoin is at $10,600 now, it already reached my target profit. Since there will be another dump, we can still buy below $10,000 and enjoy some short trades.

These are the dips that makes a trader a trader, without those dips all these traders that you see always smiling to the bank will not be doing so, so it is really in did to many of us, as you have bought that price now, imagine that you sell now and the price still drops back to that $9300 repeatedly like 4 times, do you know how much you would have been counting as profit already?

And that is not only of benefit to short term trader, but also long term trader, because the cheaper they buy, the more their chances to count more profit grows, although not every cryptocurrency dip that we see is a blessing, but this one of bitcoin has been nothing but a gift to many traders. Yes, we all made some mistake to have bought at peak then because we fell for these manipulators, but now that the market is balanced, we just need to move forward and play along with it.

[Ararbermas]

What do you think, will there be any further increase in Bitcoin?  

we don't know what will happen before the end of 2019 mate. .but for me as long it keep holding on that stage probably there's a possibility it will increase more but once it decrease below again.for sure that is a another sign of declined and it will constantly decreasing in my opinion because of panic selling.  Btw we cant tell more on this moment.. Much better to wait for more results to see what is the next move of growth rate.

[Rustamm]

Any Bitcoin price drop is an additional opportunity for investors to purchase more BTC coins. Therefore, I believe that the fall in prices can be called a positive moment for some members of the community. I always take the opportunity to buy more BTC when its price drops.

[freedomgo]

Agree with this, and I think a lot of investors are agreeing that below that range is a gift because at $10,000 bitcoin is so stable.
I've seen some dump lately below $10,000 but we are back again, we almost hit $11,000 this month but we failed to break the resistance but good thing is that we are still at $10,00 now.

Back then when BTC was still at sub $3K, $10K was already an impossible dream for some people, but here we are now, if we cannot make a new ATH this year, we should be happy with the progress of BTC in terms of recovery.

[lixer]

Any Bitcoin price drop is an additional opportunity for investors to purchase more BTC coins. Therefore, I believe that the fall in prices can be called a positive moment for some members of the community. I always take the opportunity to buy more BTC when its price drops.

I think the opportunity of dip of bitcoin is more beneficial to trader, because they are the ones that is buying at low and selling at high, and that is why trader are praying for fluctuations a lot. I am not a trader per say, but I have made much money within this range of bitcoin, and it has really been of blessing to me, with that fluctuation, I have actually been able to pay my rent because I made at least $1000 twice this year with that dip and rise, while my Long-term investment is still there waiting for the bull run of bitcoin to come, and when that one comes, it would a lot much bigger than all I have been making in trading, but that one is still next year, but before then , we take advantage of this $10000 range gift till further notice.

[barota]

if it is gift at this prices ... why it cant rise?
stop creat topic and stop advice people to buy bitcoin at expensive prices
bitcoin should drop again and again

[TravelMug]

As long as there is no bear run all prices we have right now looks amazingly good to buy.

But that can't happen right? The market is very volatile and there could be price correction along the way.

It is not a "gift" since you literally risk your money and we don't know how much of it you can get back. However at the same time there are not many things that guarantees this much freedom in trading and profiting in the world, all other things that worth something unfortunately risks a lot more and even bitcoin sometimes has a lot of risks so saying that under 10k is a gift kind of tries to imply that it is better option than many other profitable business out there.

I still don't know how much we can trust this instinct because there is no guarantee that bitcoin won't go down but all things points to a better price than under 10k anytime we fall under it.

Maybe 'gift' is a loosely and wrong term being used. It should be 'cheap' (in a perspective of a long term hold). How many days prior to the block halving? less than 300 day? then if you are a long term investors, this price at this level should be a good entry point in you have seen what the two previous block halving had brought to the price.

[lightningmelo]

Any Bitcoin price drop is an additional opportunity for investors to purchase more BTC coins. Therefore, I believe that the fall in prices can be called a positive moment for some members of the community. I always take the opportunity to buy more BTC when its price drops.

This kind of mentality is what will enable us to establish a solid price floor, as we seem to have done at around the $10k mark. We've been trading sideways in this range for a while, high 4 figures is not something we should be scared of.

[shield132]

if it is gift at this prices ... why it cant rise?
stop creat topic and stop advice people to buy bitcoin at expensive prices
bitcoin should drop again and again

And who says it has go rise immediately after gou buy coin? Have you heard about hold? Which may take months to see desired bitcoin price? Currently is good moment to buy, price is low, the best moment this year was to buy when it was 3-4k, now is still a good chance. Why is it good chance? Because we reached from 3k to 13k, have some fall and are around stable 10k, the chances that price will go down is low compared to possibility that price will rise. That's because we had a lot of falls and people want rise.