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Author Topic: BTC drop an opportunity to buy  (Read 530 times)
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January 27, 2021, 12:45:52 PM
 #1

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.









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January 27, 2021, 01:20:53 PM
 #2

I don't think that the price drop of the bitcoin is kind of good opportunity for now to buy because if we will see the price of it, absolutely it is high although it drops for some 2% but still when we are seeing the price is still pricey. If you will buy and sell it just like a short-term investment then probably I can say that it is slightly good but ehen we are talking about long term investment then we already know that it isn't good enough.



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January 27, 2021, 01:46:28 PM
 #3

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.

What will happen if that change in SEC doesn't prove to be in favor of crypto? More better opportunity to buy btc much lower? And swing traders are already taking advantage of how btc is reacting as this is their best time to gain something with quick trades on a daily basis.
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January 27, 2021, 01:46:40 PM
 #4

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

Anyone who mines Bitcoin in a serious way (mining farms) has to pay their bills, primarily for electricity, but also for the repair and purchase of new devices, taxes and everything else. The miners don't have too much space here, they have to constantly sell to cover those costs - but that's certainly not the reason why the price is only around $30 000+, because with 900 BTC per day, which is the maximum, only 27 000 BTC is mined every month. The market is in much higher demand, although this may not be the case at the moment - but the institutional players have calmed down just a bit, they may be waiting for a better price.

Nothing will change radically in the SEC, people change, but the views of that commission remain more or less the same - they work according to the rules of the profession, not according to their personal views.

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January 27, 2021, 01:57:28 PM
 #5

At the moment there is a good opportunity as BTC dropped too much again to its all-time high but I would consider this as a correction of the BTC so one should consider this as a good opportunity to buy BTC again and Let's see the change in SEC will be good or not we will come to know.

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January 27, 2021, 01:57:49 PM
 #6

Well if we are talking about short term investment then buying bitcoin is good because it drops by 2% but if we are talking about a long term investment then I think it is still not yet good to buy because of the price of the bitcoin maybe we should still wait for some time to see that it drops below $30000 and take that opportunity to buy more bitcoin for a good investment.

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January 27, 2021, 02:05:25 PM
 #7

The market is in much higher demand, although this may not be the case at the moment

From what I've read yesterday between the lines (but unfortunately I don't remember exactly where), there are Options that will expiring these days and usually then the price may get affected by big scale speculation.
So I could say that at least previous week and this one are "unnatural". Let's see afterwards if the high demand will become visible again or not and only then we should get to conclusions.

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January 27, 2021, 02:07:22 PM
 #8

If your horizon is the long term, almost any time is a good time to buy. It was clear that if we got to $100k this year, it wasn't going to be in a straight line. We will get there and pass them but there will be pullbacks that some might take advantage of to buy. Not me. I just hold and I sell little when the price goes up a lot.

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January 27, 2021, 02:14:36 PM
 #9

The question is, to what point will you invest? Will you wait for a lower market price or invest at this moment already? The market price is still high even if it falls in $30k market price mark, which will not be be surprising to know that some investors will still not be confident to invest and rather, would choose to wait for more. It is a battle between investor's market analysis. The price could go upward in a sudden and likewise with a continuous downfall. It is just hard to determine, which will seem to be a guessing game. Personally, I'll choose to be patient for now and wait for that sign I am seeking, before engaging with investing into this technology. And I guess it is still too early.



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January 27, 2021, 02:16:56 PM
 #10

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
Not really that much of fan with fundamentals but this might be the reason for this kind of correction.We've be playing around 33k price point and now we are almost dropping below 30k.

Miners are selling of their bags? So you do particularly talk about this news: https://www.coindesk.com/bitcoin-falls-miners-sell-institutions-yellen
Actually this dip or correction is really a good point for you to buy or accumulate but we cant deny that we are really on  that hesitation side of things
yet we cant determine if this price decline would go even more lower.

R


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January 27, 2021, 02:19:41 PM
 #11

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

Anyone who mines Bitcoin in a serious way (mining farms) has to pay their bills, primarily for electricity, but also for the repair and purchase of new devices, taxes and everything else. The miners don't have too much space here, they have to constantly sell to cover those costs - but that's certainly not the reason why the price is only around $30 000+, because with 900 BTC per day, which is the maximum, only 27 000 BTC is mined every month. The market is in much higher demand, although this may not be the case at the moment - but the institutional players have calmed down just a bit, they may be waiting for a better price.

Nothing will change radically in the SEC, people change, but the views of that commission remain more or less the same - they work according to the rules of the profession, not according to their personal views.

Even though we dont like regulation, institutional investors will like it because it gives
them clarity and also that there wont be any punishment or penalties.

Regarding the 900 supply of Bitcoin daily, I have heard that some miners are selling
direct to investors like Square for example but I cannot confirm that.
Just a heads up that the full supply may not even enter the market daily.

R


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January 27, 2021, 02:22:16 PM
 #12

The question is, to what point will you invest? Will you wait for a lower market price or invest at this moment already? The market price is still high even if it falls in $30k market price mark, which will not be be surprising to know that some investors will still not be confident to invest and rather, would choose to wait for more. It is a battle between investor's market analysis. The price could go upward in a sudden and likewise with a continuous downfall. It is just hard to determine, which will seem to be a guessing game. Personally, I'll choose to be patient for now and wait for that sign I am seeking, before engaging with investing into this technology. And I guess it is still too early.

for some users saying that they should have bought btc when it was 30k, so guess what? this is their moment already. or are we hearing the same statement, that they will wait for much lower price.
so yeah, whenever they choose to invest, it is their prerogative to do so. scalping, short-term or long-term investments, it doesnt matter. as long as you are selling much higher than what you bought it, then youre good to go.

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January 27, 2021, 02:23:30 PM
 #13

the possibilities are more for a good movement in BTC, share your thoughts.
Yes, this drop is a good time to buy in but I can bet that people will still be skeptical to buy now thinking it will collapse more in days to come. 2021 is a bullish year for the crypto industry, and we just began. It's a long way to go. Those who are selling off now with the aim of buying back are likely to regret it like those who sold off as soon as Bitcoin crossed $20k (they thought it would reverse once it crossed its ATH). That was a miscalculation on their path as we can see now.

What will happen if that change in SEC doesn't prove to be in favor of crypto?
The worse that can happen if such happens is that Bitcoin will take a momentary fall but it will quickly rise as soon as it goes down. The 2021 bullish trend will cast Bitcoin in good light no matter what negative news that wants to spring up. We had a lot of negative vibes against Bitcoin in 2017 but that didn't stop it from attaining that height. It's the same thing I expect.

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January 27, 2021, 02:23:37 PM
 #14

This is what am I thinking too theres so much selling pressure which is making the price of BTC drop faster and I think we can get a great buying opportunity on this and short it once it gain its momentum back again
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January 27, 2021, 02:24:27 PM
 #15

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.

As always market is never predictable.
And also if you listen to me then there is no perfect time to buy or sell.
As we know BTC has different and more ATH then current price, so it has still potential to grow(atleast to it’s ATH).
So yes i am also continuously buying BTC.
I have a true faith that BTC will again touch 40k USD soon and i will be able to sell the coin with more profits.
Wishing Best of luck to ourselves.

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January 27, 2021, 02:38:17 PM
 #16

The simple expectation behind whatever we perform is to bring about a profit. But this is not the prosecution with BTC dropping here. Presently it can be bought and sold, but it will be a short time investment. Heretofore the expectation is to make additional profit, it is politely not to buy now.

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January 27, 2021, 02:41:11 PM
 #17

I don't think that the price drop of the bitcoin is kind of good opportunity for now to buy because if we will see the price of it, absolutely it is high although it drops for some 2% but still when we are seeing the price is still pricey. If you will buy and sell it just like a short-term investment then probably I can say that it is slightly good but ehen we are talking about long term investment then we already know that it isn't good enough.
I think in the long term it is a good investment, remember when 1k was too high for some people but not those people could have been millionaires. You might have mixed it up, I think that in short term it will be a bad investment because the profit gap is so small that it wouldn't be worth it. That depends on the country that you are in though, the price at your country's currency value even at this low might be big, I do understand that because the equivalent here is big too so I can see where you are getting at but if you have the money to do a big investment and still have the spare to survive for daily needs then it will be a worth it investment in long term.
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January 27, 2021, 02:54:58 PM
 #18

As of this moment, shorting may actually be a good way to earn some money on the side with the uncertainty on bitcoin lingering on all fronts. The miners selling, coinciding with the traders dumping on exchanges is an opportunity to buy cheap coins and sell them immediately on immediate price changes. As of this moment, anything below $30k is still a good buy if one is planning to hold in the long term, as this run doesn't seem to be stopping any time soon, and the movement remains sideways from here. Also, Biden's planned change on SEC may not actually affect bitcoin that much, considering that Gary Gensler isn't against crypto, but the unlawful and illegal use of the financial instrument. In fact, that might even bring us closer to an actual bitcoin ETF that most people are waiting for for years.

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January 27, 2021, 03:14:53 PM
 #19

I don't think it's too hasty to buy during a downturn like this, which hasn't reached the limit of resistance with certainty. Indeed, for the short term there is still a few percent chance, but even then you have to take a position carefully. quite troublesome calculation.

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January 27, 2021, 03:19:27 PM
 #20

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.

There is no such good time to buy. If you want to hold for a long time then anytime is a good time.
Biden move may out turn also. So you never know what gonna happen, so just buy whenever you have some extra cash.

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January 27, 2021, 03:19:54 PM
 #21

I am not quite sure if it actually is the perfect opportunity to buy, I bought yesterday, along with Ethereum and Litecoin and guess what, all of them fell to a large degree today. Stupid me. The market looks like it is going downhill, you may buy now, but tomorrow it might be at an even lower price that the day before.

It's best to be patient and cautious of any moves we make, I wasn't.

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January 27, 2021, 03:21:27 PM
Merited by NeuroticFish (1)
 #22

From what I've read yesterday between the lines (but unfortunately I don't remember exactly where), there are Options that will expiring these days and usually then the price may get affected by big scale speculation.

According to the news, it is a record $4 billion options that expire in a few days (January 29, January), but even though it is a record, in December it was $2.4 billion, so nothing dramatic happened. On the other hand, if you visit the WO thread, you will find interesting information that something very serious is happening in the stock market, and it is already known that Bitcoin is not immune to the disturbances that occur in that market.

Given that the upward progress at the moment is not realistic, those waiting for some significant correction to happen may get a chance this week - I don't know where more significant resistance is expected, but according to some comments it's $25k.

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January 27, 2021, 03:28:18 PM
 #23

Bitcoin is clearly a bubble right now, and when it goes down below 20K, it will still be very expensive. Only last year it was trading at $4k.

I would say this is a good opportunity to sell before it goes down even further.
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January 27, 2021, 03:33:02 PM
 #24

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.

When prices of Bitcoin goes up and down, it is always an opportunity whether you buy or sell coins. Whatever the reason of this drop I believe it will then again skyrocket so don't take any chances. As long as investors keep on pouring some of their investments into Bitcoin like tens or hundreds of thousands of coins there could still be a good movement plus the surge of adoption.



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January 27, 2021, 03:37:21 PM
 #25

I agree with you and i  elieve that this is the golden chance for those who didnt bought when bitcoin was very cheap...for everyone who regret not buying bitcoin i think this is the chance to make some profits but maybe in the long term
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January 27, 2021, 03:48:37 PM
 #26

I prefer to wait for more to see where bitcoin price will move because it is unpredictable, and it is hard to analyze to get more info.
But we can try to buy bitcoin at a small amount to test the market and see what will happen to bitcoin.
If the price still goes down, we need to place another small amount to buy, and maybe you can set your target price to buy, so it will automatically fill when the price still goes down.
If you have a plan to hold bitcoin for the long term, you can buy bitcoin at any low price and you are not worried if the price down because your target price to sell will be in the future.

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January 27, 2021, 03:54:46 PM
 #27

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.
BTC's drop is also good for the long term investors. But if they don't feel holding for long, yeah, they can sell it whenever it pumps again. Just like as I've seen dropping to $29,700 and then, it's back to $30,000. We typically see this move by bitcoin and it's not just the miners that do sell but it's a sign that there's a large sell off that just happened.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
He also halted FinCEN's regulation proposal for crypto wallets.



 

 

 

 

 

 


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January 27, 2021, 04:47:36 PM
 #28

What will happen if that change in SEC doesn't prove to be in favor of crypto?
The worse that can happen if such happens is that Bitcoin will take a momentary fall but it will quickly rise as soon as it goes down. The 2021 bullish trend will cast Bitcoin in good light no matter what negative news that wants to spring up. We had a lot of negative vibes against Bitcoin in 2017 but that didn't stop it from attaining that height. It's the same thing I expect.

We just need one or maybe 2 institutions to get scared with what's going to come and what will be there in their official papers for btc and if that does not help these institutions profit from crypto, they will move their funds elsewhere out of crypto and they will be enough to shake the markets in a few hours just like how btc fell down from 40k to 29k.
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January 27, 2021, 04:59:57 PM
 #29

What will happen if that change in SEC doesn't prove to be in favor of crypto?
The worse that can happen if such happens is that Bitcoin will take a momentary fall but it will quickly rise as soon as it goes down. The 2021 bullish trend will cast Bitcoin in good light no matter what negative news that wants to spring up. We had a lot of negative vibes against Bitcoin in 2017 but that didn't stop it from attaining that height. It's the same thing I expect.

We just need one or maybe 2 institutions to get scared with what's going to come and what will be there in their official papers for btc and if that does not help these institutions profit from crypto, they will move their funds elsewhere out of crypto and they will be enough to shake the markets in a few hours just like how btc fell down from 40k to 29k.

If that happened the market will experienced extreme downfall, as there are weak holders that will ride down to this institutional investors and create more panic along the way.

This current downfall may take some time, as the emotion coming from those who are new to this chain is very prone of losing their investments, if they are not prepared then it's a big loss for them.

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January 27, 2021, 05:08:46 PM
 #30

 I feel like it will be tricky to buy in this periode after the last big bullrun caused by institutions and whales buying and holding now there is a quite big drop in the price but even now the price is really high and even if it will be back to 40k there wont be a big % rise so we need a big amount of investment to gain proper profits plus a risk of a price dump.
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January 27, 2021, 05:10:54 PM
 #31

I don't think it's too hasty to buy during a downturn like this, which hasn't reached the limit of resistance with certainty. Indeed, for the short term there is still a few percent chance, but even then you have to take a position carefully. quite troublesome calculation.

What actually is if the price starts to fall it doesn't mean it will fall gradually the trend doesn't work like that also we have some examples which is happening from the past two weeks. BTC price goes 30k then again it pumps to 35k+ this happened several times.

My calculation is buy at low and sell it for a descent profit that's what I call short-term even 10$ a day is good profit for me, every penny counts Wink










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January 27, 2021, 05:15:38 PM
 #32

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.

I don't know about others but I definitely think it's a good opportunity to buy bitcoin right now. The price had spiked up to $42000 and is now at $30000
Considering the ATH it's a good price for all those who think they missed the opportunity to buy some bitcoin.
I won't recommend going all in but it would be a nice deal to invest a decent amount into bitcoin. If the price decreases more, we will still have some amount to average the price down.
I have bought some at $32000 and I definitely think it will cross the ATH again sooner or later.

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January 27, 2021, 05:24:01 PM
 #33

If that happened the market will experienced extreme downfall, as there are weak holders that will ride down to this institutional investors and create more panic along the way.

This current downfall may take some time, as the emotion coming from those who are new to this chain is very prone of losing their investments, if they are not prepared then it's a big loss for them.

All of us are expecting that btc will recover as quickly as it dropped down, but I had been watching the orders the whole day and it seems that the support is continuously being broken by sellers and if the bulls survive this selloff, then only I can believe that btc will recover and get towards a new ATH or 42k will be this year's ATH.
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January 27, 2021, 06:25:15 PM
 #34


If you are afraid to lose part of your cash now may not be the right time for you to buy. You can wait a little before buying. There are chances that bitcoin can still go down before it makes investors smile again. Whatever that makes bitcoin go down will also make it come up and that is the investors. Buy now if you have loose money you will not be scared to part with. If not, wait a lttle.
It's true, bears aren't finished yet and showing that they have more to go. Support lines are slowly breaking up and if they have failed to break the biggest support line, I think that's the signal to buy some bitcoin because there is a chance of a bounce back.
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January 27, 2021, 06:59:27 PM
 #35

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
The movement seems to be too small to me, it is an opportunity of course but if what you are really expecting is an opportunity to get cheap bitcoin this is not the one, this is why I think that for the time being the best strategy is just to hold whatever bitcoin that you have and wait to see what happens, if the price goes up you get more profits and if it goes down more than what we are seeing then you can increase the amount of bitcoin you are holding and make money that way.
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January 27, 2021, 07:02:50 PM
 #36

I don't think it's too hasty to buy during a downturn like this, which hasn't reached the limit of resistance with certainty. Indeed, for the short term there is still a few percent chance, but even then you have to take a position carefully. quite troublesome calculation.

What actually is if the price starts to fall it doesn't mean it will fall gradually the trend doesn't work like that also we have some examples which is happening from the past two weeks. BTC price goes 30k then again it pumps to 35k+ this happened several times.

My calculation is buy at low and sell it for a descent profit that's what I call short-term even 10$ a day is good profit for me, every penny counts Wink

Yeah, it's hard to be a day trader, so really even as low as $10 profit is good.

But for those long term holders, this is another perfect opportunity, at $30k or if it drops a bit, this is a win-win situation. Also, for those average joe who are complaining, this is a great time to enter. No need to buy a full btc, just a small portion will do and then continue to accumulate. We have just started this year, many unexpected things can happen, including another all time high at the end of the year.
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January 27, 2021, 07:05:39 PM
 #37

I would not rely much on that "change in SEC" thing.
Rather, look for how high the demand is and I bet it is still strong if you consider that the price didn't fell that much like 2018.
Somehow it is still holding at a good number and yes that could be a good sign to purchase.
It may look expensive for all of us but there is always the "what if". It sways hard upwards that no one expects.
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January 27, 2021, 07:18:27 PM
 #38

This recent drop was unexpected eventhough we thought there would be fluctuations but from past few days we have seen more drops and less pump, it's a worrying factor because this might be the end of bull run or else one more correction phase and if it's correction phase then it would act as slingshot for investors but investing right now is high risk factor which many won't bother to do apart from institutions.

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January 27, 2021, 08:08:09 PM
 #39

Exactly, Now it is new buying opportunities for those who miss the previous pump. this is the perfect time for buying Bitcoin before we cross 50k or 100k. I think we may touch 20K price zone several times before going to 50k or 100k price. I think we may touch the 20K zone but it will not give you too much time for buying, If we touch 20k price range we will bounce from that point within a short time, so if you want to invest in Bitcoin and hold for a long time now it is the perfect time for you.

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January 27, 2021, 08:29:33 PM
 #40

<snip>
As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
Wtf do you think about this Biden SEC? Positive or negative? We might see another side of what we are all expecting because the president elect has different colors in terms of his actions, hope he find good guideline for the incoming SEC. What we saw earlier today was an opportunity indeed, but many were wanting to see bitcoin price at $25k, maybe they should wait for another.

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January 27, 2021, 08:33:17 PM
 #41

I don't believe it's an opportunity to buy BTC yet because the opportunity was when it was under $15k, now it's all a matter of institutional game being played by big bulls and bears. But yeah, I think BTC has a chance to get dumped back to old levels because we experienced the same during 2017-18 rally and even before whenever BTC broke an ATH and reached a new high.

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January 27, 2021, 08:33:46 PM
 #42

This recent drop was unexpected eventhough we thought there would be fluctuations but from past few days we have seen more drops and less pump, it's a worrying factor because this might be the end of bull run or else one more correction phase and if it's correction phase then it would act as slingshot for investors but investing right now is high risk factor which many won't bother to do apart from institutions.

We can't tell yet this early. January is not even over. But if you are a holder or trader, just keep your eyes open in the trading market. Whatever you are doing with your btc right now depends on your goals, whether short term or for long term. We can't tell if the bull run is already over or not. But for those users waiting for btc to hit this level, then it is good time to buy, right? Unless, you are still waiting for it to go down a lil bit more.
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January 27, 2021, 10:15:42 PM
 #43

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

If you believe that bitcoin will continue to increase this year, then it is clear that when the price is below $ 30K it is an opportunity to buy it and save waiting for the moment that bitcoin peaks. because this opportunity will be hard to come by again.

Everyday is a good time and good opportunity  to buy and sell bitcoin if you really understand and know the bitcoin market.  A good investor or trader do not really need the market value of Bitcoin to increase by a big margin in order to take advantage of the market for profit. The smaller changes are what that matters if you have good plan and strategy as an investor or trader.
it should be, but it is strange that there is an opportunity to buy when the price drops are not done. If as a trader or investor you will no longer see the price but the opportunity, if it is right to buy, you can do it because you can manage and analyze that it is an opportunity to buy and you can also analyze when to sell. but not all are traders and investors with large funds, so it is only natural that when prices fall they compete to buy.

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January 27, 2021, 10:32:01 PM
 #44

A strong resistance still exists durinf this period of time, so buying isn't necessarily the best action as this is not the dip we should be exepcting yet. What I'm currently doing is waiting a much lower value than this instead of riding the wave of people buying the coin because it will just create a price spike which will more people to buy, which could be done in a price point much lower than this to generate greater profits.
I don't believe it's an opportunity to buy BTC yet because the opportunity was when it was under $15k, now it's all a matter of institutional game being played by big bulls and bears. But yeah, I think BTC has a chance to get dumped back to old levels because we experienced the same during 2017-18 rally and even before whenever BTC broke an ATH and reached a new high.
Only now, a greater resistance exists because companies like GreyScale buy bitcoins to pump the price, so we have a very tough contender on that one, although if the whole community tried, I don't see how we can't win against them.
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January 27, 2021, 10:56:26 PM
 #45

This is not a drop I would personally move my self out and by a couple bitcoins back, since there is still some. Resistance on the other end of the spectrum courtesy of companies pumping bitcoin's price, so let miners do their thing, and wait the thing out since there will still be greater opportunities to buy the coin out especially if this resistance is removed.

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January 27, 2021, 11:35:52 PM
 #46

Make a buy if you want but for me, not a good time to start buying, make wait for the price it reaches back below $20k.
We are still at $30k, we are still in bearish season and anytime it will drop makes us lose. I can't lose my memory of last 2017 where most people buying during ATH, they suffered big losses because of too much excitement and being optimistic as well.

It is a need for us to be wise since the market is going down. We need to rush because we saw reds but we have to study first before making a decision to avoid such regrets and disappointment.



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January 28, 2021, 12:58:10 AM
 #47


I don't have it now. I also want to buy some when the price drops.
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January 28, 2021, 01:55:34 AM
 #48

Yes, it is a good community, every times when bitcoin price catch $30000, I bought a lot , I believe it is a good way for long time hold.
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January 28, 2021, 02:13:52 AM
 #49

Someone told me that Bitcoin will probably drop to around US$25,000, and maybe I will buy some at that time.
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January 28, 2021, 02:38:17 AM
 #50

Buy when it drops and buy all promising coins when it drops. What are you waiting? These coins can certainly bring us money.
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January 28, 2021, 02:43:28 AM
 #51

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.
From $42000 range to $29300 is about 30% pull back. Is this what people discussed a lot in past one month? Yesterday, they had such great opportunities to buy up the dip and wait for few hours, days or weeks to enjoy the ride back to the bullish track. They only say they will follow the famous guide from Warren Buffet but they never apply it.

Quote
As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
SEC have policies that are changed under different Presidencies so let's skip them. Bitcoin in history moves up and down with news, with policies and with halvings. The last one is most important as each halving will bring bitcoin to massive media and more adoption occurs after every halving.

Pandemic now has less power on the market so big men are planning to use SEC as their tools to create news.

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January 28, 2021, 04:49:28 AM
 #52

When the price is down to $29k, it will be a good time to buy more bitcoin, but the price is still good to buy. People who can buy bitcoin at that price can sell their bitcoin now because they already make $2k of the profit, but they can still hold and buy more bitcoin at the current price. The price can back to the high price again this week, but the chance for the price not to increase still be there, so you need to analyze more to find the next signals. If you can't get the signals, you don't have to do anything except waiting for a while until you can get the better chance to buy or sell.
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January 28, 2021, 05:13:52 AM
 #53

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.
YOU FEEL BUYING ? but the question is " Have You Bought Yesterday or today?" this is the problem with many Spammers and Bounty Hunters here , completely talking about HOLDING and INVESTING but the truth is they did not even have the Balls to Buy or no really funds but just a complete talking.
Quote
As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
Planning changes in SEC for what sense ? if this is another Hearsay they Please Stay away from it ? we have too much in 2020 and we have a good Start in 2021 so best to keep the right topic and not a BS things.









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January 28, 2021, 09:07:55 AM
 #54

Every drop is always an opportunity to buy as long as you have cash Smiley.

The problem with some investor is that, when the market is going down they are very doubtful and a part of mind is telling to them that it will go down more thus they will wait for more downward movement. Now when its movement changes from down to up, they will feel regret and will say that "If only I bought at that price" or "If only I bought when the market is down".

People are doubtful when the market is down that is why those brave ones to enter and buy when the market is down are the ones who receives the greatest rewards Smiley.

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January 28, 2021, 09:18:43 AM
 #55

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
when the price of btc but btc has a high price the right step is to buy for the short term. because in my opinion if in the long term it is too risky if bitcoin has decreased drastically like in 2019-2020. so the best course is short term

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January 28, 2021, 09:26:16 AM
 #56

I don't think that the price drop of the bitcoin is kind of good opportunity for now to buy because if we will see the price of it, absolutely it is high although it drops for some 2% but still when we are seeing the price is still pricey. If you will buy and sell it just like a short-term investment then probably I can say that it is slightly good but ehen we are talking about long term investment then we already know that it isn't good enough.
I gonna wait coz it will get lower price later, I believe it will. It's promising, but this can be a trap set by the institutions or governments to seduce these holders to sell...
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January 28, 2021, 03:21:41 PM
 #57

The price is unlikely to get a boost even if Biden does something, the price looks like it's about to have a bearish season, I don't think buying right now is actually a good idea since the price is still high and instead of calling it an opportunity it's honestly more of waste of money, I'd suggest waiting a little more, a few more weeks or a month before we see the price at its lowest this year, well at least for now.
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January 28, 2021, 04:08:42 PM
 #58

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
Not really, Biden will put candidates to deal and change payrolls, and coordinate the rules with the crypto world.  It is still important to take steps to revive the economy and start post-covid 19 regime when the vaccine is ready.  The recent move shows that stockbrokers have taken over bitcoin's land, giving bitcoin a big advantage in moving.  It will not be late this year, confidently grasp the time to buy, as bears will continue to run.

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January 28, 2021, 04:32:59 PM
 #59

The price is unlikely to get a boost even if Biden does something, the price looks like it's about to have a bearish season, I don't think buying right now is actually a good idea since the price is still high and instead of calling it an opportunity it's honestly more of waste of money, I'd suggest waiting a little more, a few more weeks or a month before we see the price at its lowest this year, well at least for now.

Actually the idea is to buy for those who are planning for short-term profit, while creating this thread the price of BTC was 29.5k and now it's nearing 32k so 2.5k profit approximately isn't this good enough?

Every drop is an opportunity to buy and I guess this probably works most of the times because the price doesn't drop drastically, we need to think and plan before making each and every profit.










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January 28, 2021, 04:39:02 PM
 #60

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.

This is another opportunity for all those who has fear on missing out to buy at a value lower than its peak and they should keep watch because it still might go lower. Another thing that we should watch is Alternate Cryptocurrencies because they also tend to decrease in value as Bitcoin passes.

Biden changing his SEC Commissioner is within the physical world only and no news have been saying that the SEC has taken interest to Cryptocurrencies so as long as we have proper access to everything in this industry, we should take advantage of it.

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January 28, 2021, 04:44:33 PM
 #61

Regardless of the drop, I don't think we can already consider it as a good time to buy. It is still high though but still the decision is still yours to make. If you are confident the price will soon pump again and maybe even higher, you can already start buying which in case the price really increased afterwards, it is indeed worth the shot. Some will play safe while some will take risk but all you need to consider is observing the price change in the market so that you can assess if there's an incoming pump or dump in the near future.
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January 28, 2021, 04:46:45 PM
 #62

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.

I think this is time to correction of BTC market that happening. Actually i am too much happy about this market that BTC not going down below 31k$ and up to 36k$. I think this is good market scenario for all so that investors can easily make decision for investment that may be in BTC or any other altcoin. But where BTC will hit at last it does not know anybody. So give your step very carefully at this point.
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January 28, 2021, 04:57:46 PM
 #63

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
a pretty good strategy, of course, to buy bitcoin when the price moves down and sell it in the short term, but in my opinion, when the market experiences price movements quickly, it is certainly very risky if we think about short-term profits, and when we don't immediately sell when the price moves up, we can get caught in it when we only want to think about short term gains, and I think about short term gains, it's better if we can trade in altcoins of course don't need a lot of capital.

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January 28, 2021, 05:27:45 PM
 #64


every dip is an opportunity when you know the price will be coming up again.

somehow the dip is enough to say it had dip low. i wouldn't wait for its price to dip lower than how much it currently is. but i think its a good time already to at least spend to buy some BTC. yesterday while it dip to $29,000 was good price. BTC market is a lot healthy than the defi tokens that are not backing down which is a bit dangerous.









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January 29, 2021, 01:24:01 AM
 #65

In my opinon, everyday is a good day for buying bitcoin.

Because im very confident with the future price of bitcoin can reach more than 100k.

Since 2017 when i got bonus money from my daily job, i'll always use that money for buying btc or eth.
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January 29, 2021, 02:27:50 AM
 #66

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
The price of the bitcoin is always changing by that analysing and waiting is the best key to become successful traders or investors. The price of bitcoin in the present is high and when times it becomes low it is the opportunity to buy and wait for arise of it price.
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January 29, 2021, 10:11:42 AM
 #67

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
The price of the bitcoin is always changing by that analysing and waiting is the best key to become successful traders or investors. The price of bitcoin in the present is high and when times it becomes low it is the opportunity to buy and wait for arise of it price.


MERHABA ben bitcoin satmak istiyorum acemiyim düşük miktarda satış yapıcam piyasa limit ve stop hangisini kullanarak satmam gerekir komisyonlar farklı oluyor
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January 29, 2021, 11:02:47 AM
 #68

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.

Indeed it was an opportunity and the price has grown up since then. Now we are trying to break the $40k mark again and since the price is still at the top by this time, we are close to the point where we won't see another $20k mark. Because after this time, the price will continue to rise no matter what happens. In case you don't know, there are lots of good news nowadays pertaining to cryptocurrencies especially bitcoins and that's all we need if we seek to see the price crossing the strong $40k mark by next month.

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January 29, 2021, 11:17:54 AM
 #69

This more fits to the daily trading people that wanted to buy the dip and sell it to the highest bid possible in the market. Still, other people can also buy as for longer hold and as long-term investment will surely have a great benefits in the end.

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January 29, 2021, 11:57:40 AM
 #70

Some will rather spend time winning about the drop instead of taking advantage of it, the next time btc price go ballistic they will open a thread here asking if this is right time to buy when they hard the opportunity all along in front of them and they refuse to utilize it,
some people prefer to buy when the price is high, it is in their nature Grin

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January 29, 2021, 12:07:45 PM
 #71

This more fits to the daily trading people that wanted to buy the dip and sell it to the highest bid possible in the market. Still, other people can also buy as for longer hold and as long-term investment will surely have a great benefits in the end.

The dip always give opportunity to all to buy it. If you are short term or long term you can always exit when you achieve your target. So, it is beneficial for anybody who always believe in it and at times ready to take some risk and hold it too. Bitcoin is going to have a new high in 2021 and this type of rise like today happened moving 10% almost so quickly, this volatility helps you make some money.

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January 29, 2021, 01:01:21 PM
 #72

Whenever there is drop in the price there'll be increased buying or selling. During the previous bull market when the price dropped people considered it an opportunity and made continuous buying, but the market didn't move as predicted. This time the drop in the price is bullish after the drop. Users who believed and took risk has got the benefit out of it.

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January 29, 2021, 01:34:49 PM
 #73

I don't feel that the price drop of the bitcoin is somewhat acceptable chance, until further notice, to purchase since, supposing that we will see its cost, totally it is high despite the fact that it drops for some 2% yet when we are seeing the cost is as yet expensive. In the event that you will purchase and sell it simply like a momentary venture then presumably I can say that it is somewhat acceptable yet then we are discussing long haul speculation then we definitely realize that it isn't sufficient.

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January 29, 2021, 01:47:11 PM
 #74

Whenever there is drop in the price there'll be increased buying or selling. During the previous bull market when the price dropped people considered it an opportunity and made continuous buying, but the market didn't move as predicted. This time the drop in the price is bullish after the drop. Users who believed and took risk has got the benefit out of it.
Because the common instinct of the people is to buy at low and they are taking the opportunity in every drop they saw. They are right maybe but I don't if they are able to manage their investment if the market will fall more. Might lead them to sell it immediately at a losing stake. 

We don't need to rush, we need to be more cautious enough and analyze the market first before buying. The correction will be inevitable, yet to happen all the time. If we fall into our foolish minds, being greedy and buy more because of seeing small declines, that also be a reason that gives us losses.

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January 29, 2021, 02:23:56 PM
 #75

Some will rather spend time winning about the drop instead of taking advantage of it, the next time btc price go ballistic they will open a thread here asking if this is right time to buy when they hard the opportunity all along in front of them and they refuse to utilize it,
some people prefer to buy when the price is high, it is in their nature Grin

Exactly made people always consider hype and jump to buy when the price goes down no one is willing to buy because of fear, Now I feel Elon Musk has become the king of hype as he has tweeted bitcoin which is more than enough for those who jump to buy BTC blindly now.

We can't change the blindfolded minds like you said that's the nature of them bitter truth Grin









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January 29, 2021, 02:39:30 PM
 #76

Looking back, it was a great moment to buy, but who could have known that there will be a big pump today, right when Bitcoin had a bearish cross. Most people were hoping that 30k would defend and it somewhat did. It really looked like 30k broke to the downside but Bitcoin often does the unexpected. I believe we had a huge futures liquidation on the way to 30k and they all bought back today. Wall Street is manipulating the price again, but hey, it's going up Roll Eyes I won't say I'm unhappy.

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January 29, 2021, 05:03:42 PM
 #77

Despite the massive pump we have seen recently bitcoin price is pretty stable so far. The correction hasn't been enough to drive bitcoin to a bearish market yet, what is very good and shows bitcoin is stronger than ever. I believe it's due to the fact instutional investors are more present in crypto universe right now, quite the opposite of years ago.
If holders are able to control themselves and not become greedy bitcoin is going to become very rare to be found for sale very soon, what will boost the price to even higher levels, benefiting everyone who is immersed in crypto currency already, but at same time it will prejudice potential new investors willing to join the market for the first time.

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January 29, 2021, 05:14:20 PM
 #78

I think we've had the bull run already and the correction the price of bitcoin is experiencing now is only necessary for another likely bull run which makes 'now' a good time to buy.
I'm sure swing traders are already making the most of the market right now because of the correction but I think if you're not a swing trader, you should buy some coins now and hodl until bitcoin bounces back up.
I also think the changes Biden is making in the SEC will be of an advantage to the crypto space.

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January 29, 2021, 05:23:49 PM
 #79

Some will rather spend time winning about the drop instead of taking advantage of it, the next time btc price go ballistic they will open a thread here asking if this is right time to buy when they hard the opportunity all along in front of them and they refuse to utilize it,
some people prefer to buy when the price is high, it is in their nature Grin

Exactly made people always consider hype and jump to buy when the price goes down no one is willing to buy because of fear, Now I feel Elon Musk has become the king of hype as he has tweeted bitcoin which is more than enough for those who jump to buy BTC blindly now.

We can't change the blindfolded minds like you said that's the nature of them bitter truth Grin

Influencial people creates hype that's the nature of this market, preferring to buy when pump is ongoing hoping to ride with trend
forgetting that risk is more higher.

Instead of buying whenever the market is dumping, fear is more when the market is falling thinking that it will breakout and completely
doomed their entire investment. Very wrong impression to this golden opportunities.

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Chuky92
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January 29, 2021, 06:18:01 PM
 #80

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.

I am of the opinion that anytime can be a good time to buy depending on the investor and the funds, that is, institutional investors just buy when they want to without bothering about the price, and which is one of the reason why Bitcoin grew so much, on the other hand, depending on the type of funds and assuming a non institutional investor, he can decide to buy when the price must have dropped to a  certain amount, which is most feasible.
Nevertheless, I agree with you, with the price drop of Bitcoin, offers a good opportunity to buy more and sell as at when due, but however it is also good to take into account the nature of this space, that is, a news might further bring down the price, therefore one need to be prepared in all ways.

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January 30, 2021, 11:34:46 AM
 #81

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
The fall in the price of bitcoin to $ 30,000 can hardly be regarded as a good opportunity to buy it in the current situation. Bitcoin will inevitably fall in value and lower. We see that its price volatility is very high right now. Price fluctuations happen very quickly. It is better to wait a while and look at its further price movements.

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January 30, 2021, 12:00:33 PM
 #82

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
The fall in the price of bitcoin to $ 30,000 can hardly be regarded as a good opportunity to buy it in the current situation. Bitcoin will inevitably fall in value and lower. We see that its price volatility is very high right now. Price fluctuations happen very quickly. It is better to wait a while and look at its further price movements.
The correction will always be on the way, if we got this drop and buy during that time, you are making a return right now as the price moves back high again. That to say that every drop is an opportunity but you are facing the high-risk as well for it has a chance that it continues to drop. The good thing is that many institutional investors are helping the market not to drop as they are increasing the demand.

I don't think that Biden will be opposing crypto, that is why crypto holders are so much hopeful of his support. If that happening, expects to continue the bullish season this year or the years coming.

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January 30, 2021, 12:16:27 PM
 #83

opportunity for the short term, at least hope bitcoin can go back up to $ 40k. at least you can get a profit of $ 7000 if you can buy 1 bitcoin. This is a good opportunity, but must be prepared also with risks because all does not guarantee, including the political situation in America and also the world economy.

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January 30, 2021, 01:02:06 PM
 #84

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.

I don't think that current drop is an opportunity to buy.The price is still high. It is not yet time for me to buy and hold.That's too far from the price drop last year.
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January 30, 2021, 02:11:17 PM
 #85

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
The prices have now once again pumped due to investment in Bitcoin due to Musk updating his twiiter bio with #bitcoin and they are standing at $38k at current which means they have grown 14% in last few hours.You should have invested at the dip when prices were fluctuating below $30k and you have gain profit.But if you are planning to invest at this time you should wait for some time as after few days crypto rules and regulations policy will be disclosed by Indian government in their annual budget which will impact the prices in the market as they are working on their own CDBC by RBI and use of blockchain technology rather than promoting these cryptocoins.But we need to wait for the actual results and you can invest according to that.But there is one saying that anytime is best if you are planning to invest in Bitcoin because it will rise inspite of no support from central authorities because it was build to overrun their centeral system of payments by Sathoshi so sont worry about prices if you are long term holder just go with the flow.

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January 30, 2021, 02:31:44 PM
 #86

As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.

As biden is planning for a change in SEC I hope this could boost the market in upcoming days and the possibilities are more for a good movement in BTC, share your thoughts.
We see that Bitcoin price was hit 40k. The price is relatively low when you compared to 40k. Now Bitcoin price is 34k, This does not mean that the price of Bitcoin has dropped. Bitcoin prices are still very high.  Bitcoin was hit 20k in 2017, then the price of Bitcoin dropped to 5k.  From this we can say that the price of Bitcoin may go down further because the price of Bitcoin is still much higher.  Although Bitcoin has potential, I would recommend buying Bitcoin. I think that It will cross 50k at the end of this year.
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January 30, 2021, 03:06:20 PM
 #87

I don't think that current drop is an opportunity to buy.The price is still high. It is not yet time for me to buy and hold.That's too far from the price drop last year.
It's still the 1st month of the year, anything could happen same like in 2017-2018 era where this such event also occurred. 2 days ago, the price was in 30k range and suddenly today rises up back to $34k, maybe it will stay longer in 30k - 35k price range for quite some time.

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January 30, 2021, 03:44:33 PM
 #88

There is sustained and growing interest in the likes of Bitcoin from both retail and institutional investors. They are now increasingly handling the assets as they would any other asset in the portfolio –for example, sometimes profit-taking, sometimes reinvesting, using the volatility to their advantage, and using these alternatives to help with all-important diversification.
These mainstream, normalised investor strategies demonstrate that cryptocurrencies must come into the regulatory tent and be held to the same standards as the rest of the financial system. Volatility in the crypto market, as in all financial markets, is not necessarily a bad thing for investors and can be capitalised for their long-term financial gain. Harnessed effectively, it can be a very powerful strategy.
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January 30, 2021, 05:42:25 PM
 #89

I don't believe it's an opportunity to buy BTC yet
Bitcoin will probably drop to around US$10,000
maybe I will buy some at that time.
 Smiley
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