Buying the Deep (Bitcoin).

[Kasabus]

It was a great opportunity to those customers waiting for the price of bitcoin to drop from $60 before they can buy to hold for future. Now that the price of bitcoin just decreased to $59k ,it will help many buyers to buy more to enable them achieve good profit before the end of the year.
Since bitcoin price is decreasing and ethereum price is decreasing in the market which is attracting their customers to buy because the price will soon increase to $60. Those customers waiting for the price of bitcoin to rise to $68k before they can see their coins to make a suitable profit.

Bitcoin is starting to recover now at its present price at $60,507 so good job for all those who have bought bitcoin when it was below $60k. Once positive updates will eventually come in the market, then we can expect for bitcoin to continue increasing its price. Actually, $59k is not really its dip price, we can still witness lower than that but maybe not this time. However, the price correction might end so soon and bitcoin and those good altcoins will now have more chances to grow their prices even more. That's the good thing about price corrections, they create opportunities for new entries and they can push the price of cryptos into their new ATH.

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[Lucius]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

I wonder why you didn’t take the opportunity a few months ago when the price was even below $30k - 9 BTC would look a lot better from today’s perspective, right? Besides, we wouldn't mind if you put some evidence in support of your story, people don't really believe when someone just pulls out a few hundred thousand $, and he was a bounty hunter yesterday

Merit milking topic.

But the OP says it doesn't care too much about merit, but about knowledge - you must be wrong

As a regular guy on this forum, I care little about merit I will rather work to increase my knowledge and in due time the merit will start coming as rewards for proffering solutions on this forum. I always award merit to merit sources so that they can have more merit to splash on other members.

[Gozie51]

I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

I will congratulate you for having good faith with bitcoin and investing such too. But you are nowhere compared to a whale. You just have little extra money to invest lol and not a whale. You know already people who are whales in bitcoin.

I guess you want to answer a whale but not with such investment in bitcoin maybe if you did that with some altcoins, then you can safely be called as well. I congratulate you though for that and you are probably seeing positive change in your wallet because the price has left your buy point slightly above on $60k.

[sunsilk]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin

It did go down already and looking to recover back to $60k as it's back there now. But, there's still some possibilities that it may go a lil' lower.

I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

Congratulations for buying that. That's a huge investment of your life and you just have to wait for another recovery or ATH for you to make the best out of it. What's your long term plan on it?

[Smitty Werben Man Jensen]

Bitcoin is now at $60k, was below $60 yesterday and dumped up to $58k, but today there seems to be good news from India,
which states they are legalizing crypto in their country, yes, this is a breath of fresh air for cryptocurrencies that had been in the market for a while.
splashed by bad news, hopefully good news will come again, and make the Bitcoin price rise above $70k, honestly I have bought at this Deep price

[STT]

Buy into weakness with longer term targets is a good strat not entirely unexpected we can rise from here.   Its the 50 day average which has unpinned the lows for alot of the pricing this year so its a good chance we can turn this around.   Thats the short term kind of trade, its harder to say how we transform over the rest of this year.  I already said a few times I dont see a new high this year, I'm not that bullish and if that realization were to sink into the market including the hype chasers then it can bring us down some.   My expectation was more like 50k for a bottom price and it would remain fine longer term.
   We had decent volume on the recent bounce, its back to about even is some estimate.  65k for a near term target upside but I do expect further resolution must occur.

[stomachgrowls]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

Good for you but i hope that you wouldnt panic sell if the price do goes down even more deeper which is really likely to happen on this market which you
should really be aware off but basing off with some analysis or simply technical without having no sentiments or news around then it could possibly
able to move on the same way but its not an assurance.

4+ btc isnt something a small amount to consider and it seems you are really serious with this investment.We do always go after on buying the dip
but since this market is unpredictable then this is a task which could really be hard to determine on.

[Botnake]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

Good for you but i hope that you wouldnt panic sell if the price do goes down even more deeper which is really likely to happen on this market which you
should really be aware off but basing off with some analysis or simply technical without having no sentiments or news around then it could possibly
able to move on the same way but its not an assurance.

4+ btc isnt something a small amount to consider and it seems you are really serious with this investment.We do always go after on buying the dip
but since this market is unpredictable then this is a task which could really be hard to determine on.

Your investment is definitely huge so you should be able to know how to deal its risks once bearish market strikes the market or any other price correction that will make the market dump again. As long as you never end up panic selling, then you'll never lose with your investment. I am amaze with your faith in bitcoin, i know it will definitely pays off when btc reaches its new ATH and probably we will be seeing most of the altcoins too very bullish in the market. So just hold and never be carried by your emotions once the market suddenly turn sideways.

[justdimin]

Bitcoin is starting to recover now at its present price at $60,507 so good job for all those who have bought bitcoin when it was below $60k. Once positive updates will eventually come in the market, then we can expect for bitcoin to continue increasing its price. Actually, $59k is not really its dip price, we can still witness lower than that but maybe not this time. However, the price correction might end so soon and bitcoin and those good altcoins will now have more chances to grow their prices even more. That's the good thing about price corrections, they create opportunities for new entries and they can push the price of cryptos into their new ATH.

It is not easy to realize when the dip happens for many people. I know a lot of people who have been involved in the crypto world for a long time and yet they still have some problems realizing when it is the dip or if it could go down even further. I just talked with a friend of mine either yesterday or day before and he is a guy who got into crypto with ten grand or something like that, maybe two, and now he is a millionaire so he doesn't really need to work at all.

However, even with that much great trading ability that dude ended up becoming doubtful about the recent recovery and he believed that we may drop as low as 50k and didn't want to buy. So, it is really not that easy to predict when it will stop.

[adaseb]

Yes when you say 4.5 BTC it doesn’t sound like much until you take out a calculator and it turns out over $250,000 which is a house in some area. Yes obviously not a whale holding 1000BTC but it’s still lots of money.

My advice get a hardware wallet and don’t tell anyone about your crypto, even on bitcointalk. You can become a target. Also if you leave on exchanges then don’t use SMS 2fa. It’s very easy to get yourself sim swapped attacked and someone can get into your exchange account and withdraw everything.

[Oasisman]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

I don't know, maybe someone will tell me that I'm too skeptical as in the other thread, but you say you have been a long period of time to buy at that price? Lol

2-3 weeks ago you could have bought at that price too. And if we think that we are at almost ATH and most of the year the price has been cheaper than $59K, I don't know if while it was cheaper you were waiting for the price to go up to buy more expensive.

He's actually waiting for that specific price before he buy lol.
What on earth is a whale doing wasting his time to participate on bounty campaigns?
I don't know what the OP wants to point out, he hasn't able to buy at a lower price when he's talking about "long period" time of waiting. Well, that's something really "deep" lol.
Anyway, I congratulate the OP if what he said is true. Acquiring 1 Btc is hard and he managed to buy 4.5.

[Lucius]

Yes when you say 4.5 BTC it doesn’t sound like much until you take out a calculator and it turns out over $250,000 which is a house in some area.

Are you familiar with this thread What can 1 Bitcoin buy in your country? For 4.5 BTC you can not only buy a house in some countries, but you will have enough money left to buy a good car, start a business and put something aside. I live in the EU, and the average worker who has a salary of less than 1000 EUR would have to work for 20+ years to save that amount, even though the minimum wage is half that, so that deadline would be even twice as long.

[Yaunfitda]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

I don't know, maybe someone will tell me that I'm too skeptical as in the other thread, but you say you have been a long period of time to buy at that price? Lol

2-3 weeks ago you could have bought at that price too. And if we think that we are at almost ATH and most of the year the price has been cheaper than $59K, I don't know if while it was cheaper you were waiting for the price to go up to buy more expensive.

He's actually waiting for that specific price before he buy lol.
What on earth is a whale doing wasting his time to participate on bounty campaigns?
I don't know what the OP wants to point out, he hasn't able to buy at a lower price when he's talking about "long period" time of waiting. Well, that's something really "deep" lol.
Anyway, I congratulate the OP if what he said is true. Acquiring 1 Btc is hard and he managed to buy 4.5.

And probably this is the 2nd best time to buy bitcoin because it falls to $58k?

Just like you and me, doing bounty for years and saving enough altcoins to convert to bitcoin.

I think that's what most of us did here, bounty is just a stepping stone, and if you know how to save all your hardwork through the years then you will be rewarded in the end. And that's what maybe the OP did here in this community. In any case, another perfect opportunity to buy at the current dip.

[perfect999]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

For exactly people like you, to provide opportunity for buying more with confident, bitcoin market is always getting discounted prices.

People are always wondering why 50% of total bitcoin supply was mined within first halving. In my opinion this was how bitcoin economics has created whales and those whales are manipulating market up and down for their own benefits but that will give room for new people to buy bitcoins at discounted prices.

Just imagine what will happen if there are no people to manipulate the bitcoin market and bitcoin is suddenly getting into million dollar price levels and only very people are holding 1 full bitcoin. Really annoying. So, everything happens in this bitcoin ecosystem for a reason and we should respect that and should look for making use of that for our own benefits and I am glad that you are already doing that.

[ice18]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

Good entry point, I don't think we will see the price going down below $59k now.

So it was really a good opportunity for you and for others as well. Some of us might not have the money to buy that kind of bitcoin, but we can buy at our own phase and that's what important.

And yeah, feeling good to be some whales and having that kind of amount in your wallet.

Price down today to almost $55k so he did buy too early and currently he lost approximately $15k if he bought at $59k. I hope OP remain calm and not shaking right now but I suggest to just hold and try to DCA. BTC price is way too volatile in this bull market if you are weak hand and dont know how to control your emotions you may lose huge amount of money, whales are too good shaking weak hands be very careful with your actions. Eventually after this dip strong hands always win, Goodluck OP.       

[doomloop]

Price down today to almost $55k so he did buy too early and currently he lost approximately $15k if he bought at $59k. I hope OP remain calm and not shaking right now but I suggest to just hold and try to DCA.

Yeah, buying right now will get them a better buying average prices as bitcoin market started trading below $57k levels. If they have funds still available then in my opinion also buying right now is recommended because I guess market may not fall further from the current levels and we may get back to recovery which may last until we have a new ATH.

BTC price is way too volatile in this bull market if you are weak hand and dont know how to control your emotions you may lose huge amount of money, whales are too good shaking weak hands be very careful with your actions. 

This is the reason I never suggest anyone to get into bitcoin for short term benefits. We must buy at dips but only with long term plans. In long term, we may easily get $100k to $180k levels in next 3 to 5 months. It is highly expected we may have bullish trend till second quarter of next year.

[BuNga_cute]

Price down today to almost $55k so he did buy too early and currently he lost approximately $15k if he bought at $59k. I hope OP remain calm and not shaking right now but I suggest to just hold and try to DCA.

Yeah, buying right now will get them a better buying average prices as bitcoin market started trading below $57k levels. If they have funds still available then in my opinion also buying right now is recommended because I guess market may not fall further from the current levels and we may get back to recovery which may last until we have a new ATH.

BTC price is way too volatile in this bull market if you are weak hand and dont know how to control your emotions you may lose huge amount of money, whales are too good shaking weak hands be very careful with your actions. 

This is the reason I never suggest anyone to get into bitcoin for short term benefits. We must buy at dips but only with long term plans. In long term, we may easily get $100k to $180k levels in next 3 to 5 months. It is highly expected we may have bullish trend till second quarter of next year.

It is very difficult to predict how much Bitcoin will fall, therefore I suggest buying Bitcoin at the current price of around 20% -30% of the capital
we have. So when the Bitcoin price goes down we still have the capital to buy Bitcoin again at a cheaper price. That way we can make a big profit
if the Bitcoin price recovers and rises again above $60k. My prediction is that Bitcoin probably won't drop below $50k, so as you predict Bitcoin
won't drop too far from its current price. I am optimistic that next week some big investors will start to enter the market again, after successfully
taking profit. So don't really worry if we buy Bitcoin too expensive, because Bitcoin will always create new ATH. As long as we can be patient,
we should be able to make a profit from Bitcoin.

[StreakW]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

You make good use of the opportunity. When the price of Bitcoin is down, this is an opportunity to buy now. After buying, then saved. This price decline is still considered a natural thing and will not last long. Early next year the price of bitcoin will rise again or break through the ATH level as in a few weeks ago.

[LogitechMouse]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

As long as you are happy with your investment then that is what is important .

4.5 Bitcoins is a huge investment but to think that it has being invested into Bitcoin, you can get a huge profit long term. I'm thinking though that you bought Bitcoins at a high price (at least for me) and you might want to buy at a lower price. I just hope that you still have enough money to use if you want to buy more Bitcoins at a lower price. Ohh I forgot you consider yourself as a "Bitcoin Whale" so you will still have money to use . Anyway, congratulations to your investment .

[STT]

Its been capped by the 2 day average recently.   If we stay above 57k area every day till next week then it can turn around and break this ceiling and the weekly average for a proper recovery of its recent losses.   For the moment caution is advisable as its make a false break out of the ATH then reversed which is bearish enough but then being under 59k confirms we have further work to revise prices.   
   I'm not bullish this year but eventually when its ironed out the bumps we can progress, I assume current action is required work to do.