BTC drop an opportunity to buy

[Stedsm]

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.

[tippytoes]

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.

[yohananaomi]

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.

[Twentyonepaylots]

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.

[CarnagexD]

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.

[Yamifoud]

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.

[Bagshlvp]

I don't have it now. I also want to buy some when the price drops.

[kiki8899]

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.

[cocoladygaga]

Someone told me that Bitcoin will probably drop to around US$25,000, and maybe I will buy some at that time.

[Keila Faith Villanueva]

Buy when it drops and buy all promising coins when it drops. What are you waiting? These coins can certainly bring us money.

[OcTradism]

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.

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.

[maydna]

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.

[Reatim]

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.

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.

[LogitechMouse]

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

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 .

[Kocret02]

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

[Phanditha Echevarria]

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...

[dupee419]

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.

[bennypagulayan]

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.

[kentrolla]

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.

[mezzaluna]

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.