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drachman
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December 03, 2019, 03:08:22 AM |
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I think buying bitcoin to hold for the long term, now is the best option to buy at $6500- $7000, because at that price I think the last limit before the price of bitcoin rises even higher. and I see that at the price there is strong support that is difficult to penetrate.
Without a doubt there is a very strong support at 7000 and as soon as the price went below that level the market reacted almost immediately and recovered, but despite all of this the outlook of the market is still very negative, the recovery only lasted a few days and since then we have had three consecutive negative days and it is fair to ask ourselves if that strong support is going to hold if the bears try to break it once again during the next days. |
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StephenieDuong
Sr. Member
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Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
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December 13, 2019, 01:27:18 AM |
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I think you should start buying bitcoin for long tẻm with 50% your balance. Bitcoin price still stay on 7000$ support and this seem a strong support for long term, but in crypto anything can happen so you must leave 50% balance incase 7000$ support broken.  |
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TitanGEL
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December 13, 2019, 02:29:34 AM
Last edit: December 13, 2019, 07:01:53 AM by TitanGEL |
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You should not rely to others opinion, if you want to acquire bitcoin tell your self what kind of a trader or investor are you? Are you the one who like short term trader or long term trader? If you can identify it then you can know what kind of strategies that you should use? Are you the one who using counter trend strategies or the one who following the trend? There are a lot of opportunities in the market and you can find these if you know what kind of a trader you are. If you are a swing trader then simple buy on support and sell it in resistance.
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Webberson
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December 13, 2019, 04:27:35 AM |
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Considering the fact that you intend having a long term investment, i will suggest that you buy, knowing that whenever there is a drift in price, it will eventually go back up. Also, considering the fact that the market is currently at a support range, i think you should buy.
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DevilSlayer
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December 13, 2019, 05:48:53 AM |
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You should not rely to others opinion, if you want to acquire bitcoin tell your self what kind of a trader or investor are you? Are you the one who like short term trader or long term trader? If you can identify it then you can know what kind of strategies that you should use? Are you the one whonusing counter trend strategies or the one who following the trend? There are a lot of opportunities in the market and you can find these if you know what kind of a trader you are. If you are a swing trader then simple buy on support and sell it in resistance.
It is true, you should know if you are a position trader or a passive trader. There are a lot trading setups and it really depends on who you are. In my opinion, even the price of bitcoin is still cheap; it is still not the best time to buy because the market is still downtrend and there is a possibility that it will form more lower higs and lower lows that will make the price of bitcoin to go cheaper. |
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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December 13, 2019, 06:01:39 AM |
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Considering the fact that you intend having a long term investment, i will suggest that you buy, knowing that whenever there is a drift in price, it will eventually go back up. Also, considering the fact that the market is currently at a support range, i think you should buy.
Long term investors can easily decide to keep buying the coins since they know that the chance of rise is possible if you can patiently wait. There's no exact position since there's a lots of market movements what you need is to have a good knowledge from doing your research and keep being updated so you'll be able to understand all the risk and all the potentials that you can get from your investment. |
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ice098
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December 13, 2019, 07:20:36 AM |
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You should not rely to others opinion, if you want to acquire bitcoin tell your self what kind of a trader or investor are you? Are you the one who like short term trader or long term trader? If you can identify it then you can know what kind of strategies that you should use? Are you the one who using counter trend strategies or the one who following the trend? There are a lot of opportunities in the market and you can find these if you know what kind of a trader you are. If you are a swing trader then simple buy on support and sell it in resistance.
Yeah, do not depend on others opinion. Buy now if you want we can say that it is good to buy now, $7200 is the current price of bitcoin better to buy now, and buy some alts too! Because I think bitcoin will go and be high on 2020 just wait for it. Try to do some arbitraging too it could be helpful. |
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Nawrod
Jr. Member
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Activity: 135
Merit: 1
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December 13, 2019, 08:28:27 AM |
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Yeah, do not depend on others opinion. Buy now if you want we can say that it is good to buy now, $7200 is the current price of bitcoin better to buy now, and buy some alts too! Because I think bitcoin will go and be high on 2020 just wait for it. Try to do some arbitraging too it could be helpful.
Yup, if Botcoin's price is high, other cryptocurrencies are also profitable. It is said that this moment is great if you want to buy Bitcoin. Check also this article about buying Bitcoin when its price is low: https://buycoinnow.com/blog/buy-bitcoin-when-the-price-is-low |
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riskyron
Newbie
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Activity: 48
Merit: 0
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December 13, 2019, 08:45:44 AM |
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Bitcoin is a long-term profit so just keep calm and HODL  |
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riso2015
Sr. Member
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Activity: 1246
Merit: 254
Trphy.io
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December 13, 2019, 08:53:41 AM |
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Yeah, do not depend on others opinion. Buy now if you want we can say that it is good to buy now, $7200 is the current price of bitcoin better to buy now, and buy some alts too! Because I think bitcoin will go and be high on 2020 just wait for it. Try to do some arbitraging too it could be helpful.
In the world of trading it should be like that, Don't depend on other people's opinions because it can make you doubt.So you must have your own analysis. If we look at the current price of Bitcoin has touched $ 7200 and I think this is the right time to buy Bitcoin. I am sure the price of Bitcoin will rise again to $ 9,000. |
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Karmakid
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December 13, 2019, 11:02:45 AM |
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For me, I will wait for bitcoin to have a confirmation in the trend if it is completely going to be an uptrend or it is just doing sideways. If it is just in sideways then I will not invest in bitcoin because there is a higher risk for me to lose money when that trend changes. I would rather invest and risk my money in a sure uptrend so I can make sure that I will be profiting at the end of the day.
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dewin
Jr. Member
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Activity: 30
Merit: 1
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December 13, 2019, 11:34:23 AM |
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If I were you, I would buy BTC now, I don't think that price will be lower than it is today
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Negotiation
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December 13, 2019, 11:50:48 AM |
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I think now is a good time to buy Bitcoin because the price of Bitcoin is much lower now If we buy Bitcoin and hold it then its price will rise and you can easily earn money Now if the price of Bitcoin is too low once the price goes up then it will not go down so buy Bitcoin now and wait for the price to rise to Believe in yourself Long-term investment in investing is good.
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View ArchiveReport to moderator |
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bitzizzix
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December 13, 2019, 12:41:15 PM |
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Actually every time you have capital it is your chance to buy bitcoin and it will be far more if you buy it when bitcoin prices are low or down like now, and make long-term investments to produce good returns and to avoid panic and worries when bitcoin falls back .
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Orochimarukin
Newbie
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Activity: 22
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December 13, 2019, 01:00:45 PM |
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Playing the waiting game is dangerous, especially in this period when price is consolidating. Prices could easily rally it dump, so it's best to just average into the market instead of going all in at once.
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The-Devil
Jr. Member
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Activity: 42
Merit: 104
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December 13, 2019, 01:37:44 PM |
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I think it will be better to wait a little longer. This is because the price of bitcoin can fall further. I think 1 $ should be bought. Because of the lower price, the more profit you can make in the future. But if you buy now, you will profit. But waiting a little longer would be good. However, there may be losses. Because Bitcoin is a currency that can rise in value at any time and then decrease the value at any time.
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@PrimeNumber7 is an alt account of @Quickseller
Here is the proof: https://bitcointalk.org/index.php?topic=5215097.msg53538429#msg53538429
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cryptoloverlife
Member
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Activity: 278
Merit: 10
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December 13, 2019, 01:41:09 PM |
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Actually every time you have capital it is your chance to buy bitcoin and it will be far more if you buy it when bitcoin prices are low or down like now, and make long-term investments to produce good returns and to avoid panic and worries when bitcoin falls back .
It is always good to have some safe fund aside because we don't when the price of Bitcoin will drop and this will help us to grab bitcoins. Most of the people failed to plan themselves and stuck at a higher price, so it is always good to have patience in this cryptocurrency market it will help us to make good profit in the long term. |
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Williams_Leo
Member
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Activity: 207
Merit: 11
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December 13, 2019, 02:06:36 PM |
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Considering the fact that you intend having a long term investment, i will suggest that you buy, knowing that whenever there is a drift in price, it will eventually go back up. Also, considering the fact that the market is currently at a support range, i think you should buy.
I understand that from an investor perspective outside of this story, we can see the value of bitcoin has dropped quite a lot and recently, the extreme resistance at the current price is relatively large, that means this may be a time to buy but with the mindset without pressure, our thinking is sometimes very subjective, we forget about the probable incidents. That would be very harmful for people who hear our opinions, and for their good, we should let them listen and think from their own perspective. |
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Boov
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December 14, 2019, 01:38:28 AM |
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I think it will be better to wait a little longer. This is because the price of bitcoin can fall further. I think 1 $ should be bought. Because of the lower price, the more profit you can make in the future. But if you buy now, you will profit. But waiting a little longer would be good. However, there may be losses. Because Bitcoin is a currency that can rise in value at any time and then decrease the value at any time.
Wait until bitcoin touches $8000-$9000 it wi definitely happen soon, just buy more coins now ,much better if we will buying coins under $7000 but now is good to buy also, hold now and wait for it to pump again. |
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Btc_1856
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December 14, 2019, 04:44:37 AM |
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Right now it is not a good option for selling because while watching the market, we might see the price of bitcoin may go down to 6500$. Whenever the price of Bitcoin decreases it is very good chances to grab at the value, we need to wait patiently until we see some positive movements in the market.
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