(edit No 'Then', not now) Buy NOW or miss out! .... LOL?

[Bit_Happy]

Trading is difficult, that is why most people lose money and a small % get BIG profits.
The bottom is probably in, so this is the time when winners buy and hold.
If the above is wrong?
People with deep pockets will have an even better chance to buy; Now is still a great time, since prices will be much higher in the future.

[kitarohotono]

Bought too high?

[fonzie]

[ajareselde]

Trading is difficult, that is why most people lose money and a small % get BIG profits.
The bottom is probably in, so this is the time when winners bagholders buy and hold.
If the above is wrong?
People with deep pockets will have an even better chance to buy; Now is still a great time, since prices will be much higher in the future.

There , ftfy.
When one talks about the future, its hard to tell that one is wrong, but if we limit speculation to 1 year ahead, its much easier to explain why bitcoin price wont grow.
Theres still no reason why 800 000 USD should be invested daily just to cover the newly mined coins, + any other dumps/cashouts there may be.
It is my opinion that the price will continue to fall even lower than 200$ over the next months, its not bottom yet, dont get ur hopes up.

cheers

[Odalv]

Trading is difficult, that is why most people lose money and a small % get BIG profits.
The bottom is probably in, so this is the time when winners bagholders buy and hold.
If the above is wrong?
People with deep pockets will have an even better chance to buy; Now is still a great time, since prices will be much higher in the future.

There , ftfy.
When one talks about the future, its hard to tell that one is wrong, but if we limit speculation to 1 year ahead, its much easier to explain why bitcoin price wont grow.
Theres still no reason why 800 000 USD should be invested daily just to cover the newly mined coins, + any other dumps/cashouts there may be.
It is my opinion that the price will continue to fall even lower than 200$ over the next months, its not bottom yet, dont get ur hopes up.

cheers

What do you mean, how much miners invest into electricity to mine 3600 bitcoins daily  ?  (Network total   359950.674 Thash/s)

[ndnh]

Trading is difficult, that is why most people lose money and a small % get BIG profits.
The bottom is probably in, so this is the time when winners buy and hold.
If the above is wrong?
People with deep pockets will have an even better chance to buy; Now is still a great time, since prices will be much higher in the future.

I agree with this. I am bullish on Bitcoin, very.

I don't think the bearish trend was because of any particular reason. It is because some people with Bitcoins thought it would go down. Now, it can't go down much, can it? I estimate either sideways or up.

[Kupsi]

With record high volume on the largest LocalBitcoins markets the last month, I expect the supply of coins to dry up soon if the price don't increase.

[BittBurger]

The price is being manipulated.

Time to come out of the clouds everybody.

-B-

[1Referee]

If you plan to hold your coins for the long run, then this is a great time to invest.

If you want short term profits, then you need to wish for some mercy from the whales 

[calci]

If you plan to hold your coins for the long run, then this is a great time to invest.

If you want short term profits, then you need to wish for some mercy from the whales 

Its just a 10$ drop from yesterday. How is it a great time to buy for long term ?
Previous drop was to 152.

[pitham1]

If you plan to hold your coins for the long run, then this is a great time to invest.

If you want short term profits, then you need to wish for some mercy from the whales 

Its just a 10$ drop from yesterday. How is it a great time to buy for long term ?
Previous drop was to 152.

OP is probably talking about current levels ($200-$250) and not necessarily yesterday's drop.

[AtheistAKASaneBrain]

It depends on how patient you are. If you buy now, even if it goes down to 90, you still win big time in the long run (10 years time). It depends how much you want to wait and risk for a perfect bottom.

[sherbyspark]

There is nothing as a long term bottom in bitcoin. After we went from 600 to 150, I thought we had learned that.

[BillyBobZorton]

There is nothing as a long term bottom in bitcoin. After we went from 600 to 150, I thought we had learned that.

Yes there is, what seem now as big crashes will look like mere market noise when we do a big zoom out in the all time graphics over 10+ years of BTC existence after 1.0 version.

[ajareselde]

There is nothing as a long term bottom in bitcoin. After we went from 600 to 150, I thought we had learned that.

Bitcoin had no chance to sustain such high value, it was obvious that it will correct hard, but its pretty much safe to invest now, i mean we could go to 100$, making you loose 60% of your investment,
but on longer terms its safe to say the u can make big profit. Its just about how much ure willing to risk to make gains, and can you baghold if we(when we) go under 200$

cheers

[thejaytiesto]

Never risk too much if you have in mind going long term when trying to time a perfect bottom, you may miss a lifetime boat.

[HarmonLi]

There's always the fear of missing out (FOMO) when it comes to small rallyes. Sometimes that fear actually continues to fuel the rallye. But right now we're just below a major resistance that pushes us back again and again, yet the price doesn't want to break down - incredible!

[FUR11]

A very good opportunity to buy now. If you want to get in the game for the long term, it really is a no-brainer, since we very likely go up by quite a lot, I think. But if you are a day-trader, be cautios - we may see some dumps, still!

[Amph]

dunno about buying now, the price seems to way a dump or something, i've already seen this situation

[ajareselde]

A very good opportunity to buy now. If you want to get in the game for the long term, it really is a no-brainer, since we very likely go up by quite a lot, I think. But if you are a day-trader, be cautios - we may see some dumps, still!

if i had an option to upvote your comment i definetly would. it seams really like a no-brainer, short term sell, long term (even considering 1 year long term) straight on buy.
reasons are many for current drop, mainly from lack of trnding in bitcoin, and for longterm,besides obvious halvings and wider use, things like bitcoin foundation is curently doing with promoting bitcoin education worldwide with top pr agency.

cheers