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Getmon
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January 24, 2020, 04:12:26 AM
 #41

Have you not gotten the best of Bitcoin when it was much cheaper weeks ago? Well, I think we can still grab the price right now as an opportunity to buy it a bit cheap but I think there is also the possibility that we are going down lower. $8,500 was a strong support and now we are losing hold of it.

Yess I bought at 7k!  Grin

I knew this past rally was a joke, so I tried to sell at the top, which is very difficult. And now I'm increasing my holdings by buying the dip and taking advantage of whales.

People that do this fuck the plans of whales & I love that.

I hope more people can identify there behavour & fuck them. So they can respect the market & get the fuck away. BTC price would be much healthier if it wasn't for them.

That's great! You must have already made a good profit when you sold at a price that almost got $9,000 broken.

Well, the whales are already there and they will likely not get out. So instead of fighting against them, just ride them. It is of no point fighting against them when they got the power. I hate them but I need to earn in their presence. I love swings due to these whales moving.

MEGA

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January 24, 2020, 04:14:44 AM
 #42

Your buying order from those prices are good and it seems the you have accumulated since yesterday. If you bought from $8.3k then you have a tiny profit now which you can play again until a dip comes again.

You have an interesting call for the market, I think I'll follow it starting now.

I sold:

- BTC at 8,66k & 8,6k.
- 40% of my BAT altcoin holdings at the top.

Im now buying the dip. It looks like there is a strong support at 8,35k. The only way I see the price droping significantly from here is if a whale dumps which I don't think it will happen.

Bought

- BTC at 8.5k,8.4k,8.33k.

I'm going to keep buying as it goes down. If it doesn't, then I'm just keeping some cash in reserve (USDT)
Yup, $8300 looks the support that we have right here now.

Do you have a way to monitor if there's a whale that starts dumping his btcs?



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January 24, 2020, 04:40:51 AM
 #43

Bitcoin has had a correction from $ 9000 to $ 8250 now, and I also think this is a good price for us to start buying. I personally bought bitcoins from $ 7,500 so I was fine with this price, when the halving started in May I believed the price would reach at least $ 13000 and that was when we could sell and make a profit. This is the last chance for investors to buy Bitcoin at the current price, in the future I am sure the price will not return to the current level.

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January 24, 2020, 05:01:57 AM
 #44

You are lucky for buying at a lower price.
Yes, this might be the good start of hoarding.
Maybe next week it gain another $500. I am thankful for having a chance to buy though.

Someone really bought at your 7.9k offer? I might try that later on. I really hate waiting for too long and that is why I cannot buy it for a cheaper price.
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January 24, 2020, 05:07:30 AM
 #45

of course the best time to buy bitcoin is when bitcoin goes down. few days bitcoin has decreased and I predict maybe bitcoin will go down again to the price of $ 8k. maybe this chinese new year moment is affecting the price of bitcoin to go down. but if fear of the value of bitcoin goes up soon then buying now is the right decision. and I think the value of bitcoin is quite low at $ 8.3k when compared to $ 9k.

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January 24, 2020, 05:21:40 AM
 #46

of course the best time to buy bitcoin is when bitcoin goes down. few days bitcoin has decreased and I predict maybe bitcoin will go down again to the price of $ 8k. maybe this chinese new year moment is affecting the price of bitcoin to go down. but if fear of the value of bitcoin goes up soon then buying now is the right decision. and I think the value of bitcoin is quite low at $ 8.3k when compared to $ 9k.
I's always good to invest in bitcoin as long as we have the budget some where to discipline that they make it a habbit to invest weekly of monthly. Some says they still able to gain profit by doing it . There is a thread that discuss it how they do it in 2019  

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January 24, 2020, 05:53:01 AM
 #47

of course the best time to buy bitcoin is when bitcoin goes down. few days bitcoin has decreased and I predict maybe bitcoin will go down again to the price of $ 8k. maybe this chinese new year moment is affecting the price of bitcoin to go down. but if fear of the value of bitcoin goes up soon then buying now is the right decision. and I think the value of bitcoin is quite low at $ 8.3k when compared to $ 9k.
I's always good to invest in bitcoin as long as we have the budget some where to discipline that they make it a habbit to invest weekly of monthly. Some says they still able to gain profit by doing it . There is a thread that discuss it how they do it in 2019  

We should always manage to grab the Bitcoin whenever the price decreases because Bitcoin has a higher probability to increase its price easily. Keeping safe funds is always important in cryptocurrency because I have already the benefits of the fund and managing them when the price of Bitcoin drops.

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January 24, 2020, 09:03:16 AM
 #48

Someone really bought at your 7.9k offer? I might try that later on. I really hate waiting for too long and that is why I cannot buy it for a cheaper price.

What do you mean? If someone took his $7.9k offer for Bitcoin? Why not? The price right now is beyond $8k.

Crypto is a waiting game whether you are about to buy or about to sell. We are always waiting for the top price to be able to sell high and waiting for the bottom price to be able to buy low.

MEGA

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January 24, 2020, 09:22:54 AM
 #49

And now the price is $ 8,382 to buy and sell at $ 9100 and I think this will return to the price that bitcoin will touch.
This is a correction for me to think about and analyze where bitcoin will move to buy now or we have to wait first.

Is there any strong reason to sell at 9,1K? Or it is just because you have seen Bitcoin touched 9,1K before went back down to 8,3K?

Because, it couldn't happen again if Bitcoin price starts to go up (from the current price)

At this point, maybe most are still considering 9K as the resistance. Unless the chart will say otherwise, I think 9K is a good target if you are trading. But if you are in for the long haul, that should be set higher because the market sentiment for this year is very positive.
It is a waiting game and the point of seeling depends on the investor himself. If the price have already met your satisfaction, then selling is not a problem but if you are wanting a bigger market value, that would also be just fine. Some people are just selling earlier compared to most of the holders because they do not want to risk holding for a long period of time given how volatile the market is, and they might lose profit as well from holding for too long.
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January 24, 2020, 09:37:37 AM
 #50

I would buy it if it touched just under $ 7800, would the price be able to push it cheaper than that price, if that didn't happen worry about another sudden and shocking increase for everyone, we see no big push below $ 8,000, just waiting for a few days ahead whether the push for correction is going down stronger than before

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January 24, 2020, 09:44:47 AM
 #51

chances are, the price of bitcoin will drop to reach $ 7,900 to $ 7600, it is an opportunity before the price of bitcoin rises due to halving. I think, many people are predicting bitcoin will rise before or after halving, so if you're one who believes, this is really the right time. Unfortunately, I have focused my funds on bitcoin and ethereum for a long time, so I will not take the opportunity now. if you are an investor, you surely know that this will be a good opportunity.

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January 24, 2020, 11:13:53 AM
 #52

chances are, the price of bitcoin will drop to reach $ 7,900 to $ 7600, it is an opportunity before the price of bitcoin rises due to halving. I think, many people are predicting bitcoin will rise before or after halving, so if you're one who believes, this is really the right time. Unfortunately, I have focused my funds on bitcoin and ethereum for a long time, so I will not take the opportunity now. if you are an investor, you surely know that this will be a good opportunity.
The price of the bitcoin is recently breakdown and for me it is a bad sign because it only means that the buyers are overwhelmed by the sellers. We should be aware that if there is a breakdown, the previous support will become resistance. If there is a new resistance that formed, the price will have a hard time surpassing that area because of the high selling pressure. I hope that this breakout is onlt flase breakout and I hope that the price will only bounce with it.
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January 24, 2020, 11:16:13 AM
 #53

I's always good to invest in bitcoin as long as we have the budget some where to discipline that they make it a habbit to invest weekly of monthly. Some says they still able to gain profit by doing it . There is a thread that discuss it how they do it in 2019  

I think you are referring to dollar cost averaging plans? They generally do work out pretty well, but what people should keep in mind is that the moment of entering is important, and how frequently you buy. People tend to only show you the bullish narrative of dollar cost averaging, but it could also work against you if you buy the market down during a longer term down trend.

Instead of blindly buying in, make sure you know just enough about technical analysis so that you know where the potentially best possible entry points are. Buying every single dip is an easy way to burn through your capital and end up stressed, simply because you see the price go down further but have no more funds left to buy Bitcoin with. That really sucks hard.

Also, most successful dollar cost average stories pop up when the price has been going up for a good while. Currently most people are desperately waiting for the price to reverse trend and see their dollar cost average plan pay off.
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January 24, 2020, 11:25:39 AM
 #54


Do you have a way to monitor if there's a whale that starts dumping his btcs?

They take advantage of FOMO & dump when the price is artificially inflated. If you see the crypto fear & greed index, the market is in fear. So I don't see why a whale would dump at this price.
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January 24, 2020, 11:27:20 AM
 #55

I would buy it if it touched just under $ 7800, would the price be able to push it cheaper than that price, if that didn't happen worry about another sudden and shocking increase for everyone, we see no big push below $ 8,000, just waiting for a few days ahead whether the push for correction is going down stronger than before
Good decision but if you take a closer look on the price it is still good to accumulate today knowing that the btc halving will bring good run of btc price sooner. Lately the price are also slowly going down from $9,000 down to just $8,300. Theres still a good chance to fall below your desired level of purchasing btc.

R


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206 bones (OP)
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January 24, 2020, 11:32:44 AM
 #56

Someone really bought at your 7.9k offer? I might try that later on. I really hate waiting for too long and that is why I cannot buy it for a cheaper price.

I made the buy order but it hasn't been filled yet.

Waiting is difficult, but is crucial.
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January 24, 2020, 11:39:00 AM
 #57

Trading is made up of losses and profits, and nobody lost anything if they didn't sell.

I was being ironic to the OP. Because I already suspected that the price was only rising because of the conflict that involved Iran and USA (most people thought there would be a big war coming and that is why they bought bitcoin), I told my friend to sell it $8800 (and I also sold at $8800). Regarding profits and losses in the trade world, I am of the opinion that most people in the crypto world have more losses than profits. If a person took $100 and buy bitcoin when the price was $9100 it had 0.011 BTC. with a price drop to $8200 even if the person says to himself: "I will not lose anything if I don't sell". The person will be mistaken a lot, because if something happens to that person and that person need $100 and that person sells his 0.011 BTC for the price of $8200 he will have $90 and that could cost him his life.

The problem is that some treat BTC as a money factory, buy it cheap today and sell it for profit tomorrow.

People buy cheap gold and sell it tomorrow for a higher price.

People buy properties for cheap and sell tomorrow for a higher price

with bitcoin would be different? No, the problem is with price manipulation in the case of bitcoin, but that is another matter for another day

What about those who bought for $6500 a month ago and sold for $9100? Someone had to lose for the other to profit, this is a constant that never changes.

Pump and Dump


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January 24, 2020, 11:46:42 AM
 #58

I would buy it if it touched just under $ 7800, would the price be able to push it cheaper than that price, if that didn't happen worry about another sudden and shocking increase for everyone, we see no big push below $ 8,000, just waiting for a few days ahead whether the push for correction is going down stronger than before
Good decision but if you take a closer look on the price it is still good to accumulate today knowing that the btc halving will bring good run of btc price sooner. Lately the price are also slowly going down from $9,000 down to just $8,300. Theres still a good chance to fall below your desired level of purchasing btc.
is this perhaps a fomo of most people because remembering halving left in 100 days. Will Halving 2020 be different from the previous Halving? it looks like halving 2020 is so hype, even if it can touch 10k before halving happens I think it's a big fomo. I hope there is a correction below 8000 if I want to start buying.

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January 24, 2020, 01:22:58 PM
 #59

Yeah now there is a decrease again for the price of bitcoin, it is great to buy it to prepare later after halving, it looks like the current price can be said to be still cheap if later after halving bitcoin will fly high. Maybe after many people have bought bitcoin at current prices, the price of bitcoin will rise again, because of the high demand.

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January 24, 2020, 02:06:27 PM
 #60

Start buying the dip guys. Now is the moment ⏱️ to accumulate for BTC halving. Don't miss this low. I got orders from 8,3k to 7,9k. Going lower than that it will be difficult. But who knows. I still have some cash left in case it goes lower. Be greedy when others are fearful. ⚠️

Maybe you will see that I'm new in this forum, but that doesn't make me a newbie. Read the topic I wrote called "Backbone analogy for BTC current & future price movements" where I predicted that this dip would happen.

And of course this is only my personal view. Make your own responsible choices.
Good luck!  Grin

Analyst also advice people that it is too late for shorting thus it is a good opportunity to buy Bitcoin, they even suggest to wait a bit longer because there is a possibility that Bitcoin will go lower but who know when it will happen.  So I agree accumulate while others are fearful, and besides the upcoming halving seem to be or maybe a good assurance that Bitcoin will go up in price in the coming months.
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