Good or bad plan?

[o48o]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

Coronavirus seem to affect every market right now, even though it's unrelated and shouldn't affect bitcoin at all. Nobody knows if this is the new bottom or not bit i would prefer keeping the price lower then this for a while. Just to give it more boost when the time comes.

[trauchot]

Who knows, it's hard to say why manipulators began to dump the entire cryptocurrency market so abruptly, but I'm sure the coronavirus is somehow connected with this, too, but I think that soon Bitcoin will again reach 10k$, so we must just wait now.

[bitcoin-shark]

I don't think that the decrease in the value of bitcoin is due to the corona virus or whale transactions but I believe that it is only a correction of the market, however the true trend of the  bitcoin value for this year we will have it in my opinion only after the halving of May...

[adzino]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

Lol, this is so hilarious. You guys have to always link current prevailing problems with the drop or rise of bitcoin. How exactly do you guys think this corona virus is causing the price of bitcoin to drop? I remember reading thread few days ago saying that the price of bitcoin was increasing because of corona virus. And now, when it started to drop, all of a sudden people are now blaming corona virus? Isn't there a chance that whales have made enough profit during this run and now wants to take some profit?

[cytpoway121]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

Well, truth is it could be either good or plan.
But buying bitcoin now depends on your intentions.

are you buying to trade in few days at a higher price ?
Or you are buying to hodl for few weeks / months etc

Whichever way, do your own research and remember to trade at your own discretion

[livingfree]

Nobody knows if we're at the actual bottom. It could be the bottom but there could be a bottom of a bottom.

But honestly speaking, $8800 is a certain price to buy right now and it's a perfect position to buy if you are wanting to buy it. No relation about the coronavirus and why is it that I'm seeing topics that are relating the two things.

[kawetsriyanto]

Are we at the bitcoin bottom already?

I think that the BTC is not at the bottom right now. There are still other moments that are lower than this now. But yeah, BTC price is falling and decreasing currently in line with the news of coronavirus spreading in Italy. I don't know whether it is truly affecting or not. But some people precisely consider the use of digital money my be increasing because of this spreading virus. So, what exactly happens?

[minairia3]

Nobody knows if we're at the actual bottom. It could be the bottom but there could be a bottom of a bottom.

Already happening, last night was down and today it also down more. Looking for bottom really hard to sync in. The major downfall probably could be related to stock market and seems to affect the price of btc. Of course investors are pulling out and we can assume that some also pulling out on their btc asset due to major sells and panicking.

[xvids]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

We couldn't tell if this would be the bottom of it we are already at $8.6K as of now,
I hope that it is already the bottom of it the market is dropping down big time because of this.
I don't think that the coronavirus has anything to do with it but maybe the recent hacks are to be blame, If I am not mistaken only a few days ago a Whale got hacked and it was pretty big amount of crypto I think it is somehow connected to this price drop.

[bhabygrim]

If it is for the long run then OP I think now would be a good time to buy some while the Bitcoin price is being dump.
I don't know if this is the deepest price that it could get right now but for me I think it is already at it's limit if the price continue to drop then maybe we could see it at $7.8K-8K.
But for the long term investment I could say that it is already at a good price.

[davinchi]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

If you’re holding only Ethereum, then I would say that is probably a bad idea. You shouldn’t be holding Ethereum without holding Bitcoin. I am not saying because of what happened , but because of what’s going to happen in the future. There is going to be a Halving of Bitcoin and you know for sure that have been a catalyst for bull runs. Same thing might also be repeating this year and we might likely see an increase in the price of bitcoin you will be missing out on that if you don’t have Bitcoin.

As for your Ethereum, don’t be too fast to sell them and convert to Bitcoin, there are still possibilities that the price of Ethereum will go back up. The price has recovered a bit from its fall in the last twenty four hours.

[nicolas1979]

Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again?

Why you connect corona virus with crypto any way, both are different and can make people confuse. No one know where is the top/ bottom and why can pump/ dump, we only have prediction. I think you need to see your strategy and evaluate again. I'm not blame people for ask but depend on what should also on your post, this time I only see pessimist and confuse. Use technical method with indicator to read market, after that make plan with safety tools, execute and accept the result.

[joseyphil82]

Bitcoin is down to 8700$ and it's not stopping there, I made a pretty big mistake for buying at 9170$ with the hope that it will surge again and I don't know if this is bottom or not, if coronavirus is affecting Bitcoin then it's a bad news for Bitcoin because the virus is getting out of hand

[Republikcoin.com]

If it is for the long run then OP I think now would be a good time to buy some while the Bitcoin price is being dump.
I don't know if this is the deepest price that it could get right now but for me I think it is already at it's limit if the price continue to drop then maybe we could see it at $7.8K-8K.
But for the long term investment I could say that it is already at a good price.

I do not think that the current price reduction will reach $ 7k. but, this is indeed a good opportunity, even more, so the price is still at the price of $ 8,800. however, this is a chance before prices return to above $ 10,000. I am pretty sure when the price has reached the price of $ 10,000, it will be difficult to go down to the price of $ 9k again.
DWYOR, but I really think that now is the best time to add assets.

[el kaka22]

Are we at the bitcoin bottom already? Ethereum falls pretty hard today just because Bitcoin hit 9110$, is this just a correction or the coronavirus at play again? I'm thinking about buying back BTC right now

Neither etherum nor bitcoin dropped all that much, market itself is reacting right now and the prices all gone down which means it is not an individual thing from some whale. People are bored of bitcoin not going up so they took their profits, they are just waiting for the next move and want to move accordingly just like you. You can be ahead of them or way behind them depending on what you end up doing but that will be all according to yourself.

If you buy bitcoin here and it continues to drop you will lose a bit of money (it probably won't go down too much) but if you buy and it goes up you will probably make a bit of profit as well (it probably won't go up too much neither). So whatever you do, you will be ahead of the curve but hopefully for the better and not the worse.

[traderethereum]

Bitcoin is down to 8700$ and it's not stopping there, I made a pretty big mistake for buying at 9170$ with the hope that it will surge again and I don't know if this is bottom or not, if coronavirus is affecting Bitcoin then it's a bad news for Bitcoin because the virus is getting out of hand

You can buy more bitcoin if you want. You don't have to sell your bitcoin if the price does not reach your buying price because you will not make any profit. It is better to hold your bitcoin for a while, and you can buy more bitcoin. I don't think coronavirus gives some effect to bitcoin price because that is a health disease, and it's not related to the digital transactions, but I don't know. Be careful if you want to buy more bitcoin because we still in the unpredicted situations which anything can happen later.

[VDraci]

I don't think that this is already the correction, there are reasons why this dump is happening right now and the said reason which is the coronavirus has a huge part of it. Due to this virus that still spreads right now, it also affects the economic status of a certain country.

Coronavirus is no more a certain country issue, it is now in Europe and italy, even hearing rumour it's already in the United States, but I am more sure of Italy than the rest, I don't see how this will not affect Bitcoin when it's already affecting the economy

[Crypto_lion]

The entire world is worried about a possible pandemic breaking out beacuse if the coronavirus situation and so every possible market is losing money as investor are pulling the money out 
Just look at the  NASDAQ and any other exchange . Things will be fine again after the panic is over.

[livingfree]

Nobody knows if we're at the actual bottom. It could be the bottom but there could be a bottom of a bottom.

Already happening, last night was down and today it also down more. Looking for bottom really hard to sync in. The major downfall probably could be related to stock market and seems to affect the price of btc. Of course investors are pulling out and we can assume that some also pulling out on their btc asset due to major sells and panicking.

We can't say that there's relation to it but if there were folks who bought the said bottom.

This is a healthy bottom and it's starting to recover somehow so, don't ever panic if the market was acting like this. A lot still doesn't learn from the past that they don't have to panic, if they do so, they are the one to lose.

[BitcoinPanther]

It is the right to buy Bitcoin since I feel that something good will going to happen after we have done through a lot last January 2020. It is a fact that COVIT-19 somehow affects the World's economy since there are limitations to travel and to export goods. The good thing is that there are some cases of the virus infection that was totally healed. So now, it will not make the Bitcoin and ETH'S price total drop. I feel that it will boost and start it way up again.