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Topic: Bitcoin correction is healthy! - page 3. (Read 525 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 13, 2018, 05:22:21 PM
#71
Maybe it's good time to buy bitcoin...just a good price to buy, can make good profit, when it goes up.

Any price below $6800 is good entry point.
I think it's no longer worth worrying, especially given the fact that many investors invested in Bitcoin in late 2017. To date, this is a really bleeding wound for investment. Therefore, the current state of affairs in the crypto-currency market gives a very good chance for investment.
I really do not understand those that are trying to time the market right now, the price is barely above 6200 while in theory you can get a better point of entry if you are going to hold for the long term a few hundred dollars are not going to make any difference at all and you never know when the market may partially recover and grow to 8000 or 9000 and you will forever lose the chance to buy at 6000.
hero member
Activity: 1932
Merit: 504
July 12, 2018, 06:55:59 PM
#70
I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!
this is time for bitcoin price to up again, i think some big investor already bought in the dip, let's just wait they pump the coins and we can have chance to get profit in high price too. even not big investor we still can get profit from that
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
July 12, 2018, 05:49:40 PM
#69
Yeah, bitcoin price correction is actually very healthy for the bitcoin market. Like, think about the price last year. The price almost sky rocketed to $20,000 USD. This was an abnormal price rise. And then price ended up correcting at around $8,000 USD. But compare the current price with the price before it when high. We are still on the green side. The pace at which the price rose and the pace at which the price corrected is actually very low. Correction helps us to get rid of weak hands too.
newbie
Activity: 68
Merit: 0
July 12, 2018, 05:35:54 PM
#68
I too hope for a bullish market,it is long over due
newbie
Activity: 70
Merit: 0
July 12, 2018, 05:34:53 PM
#67
I agree with you. I have already got used to the fact that bitcoin, then falls, then rises. He needs a good height, but where can he get it. No investors, no new injections. We need very strong and good news that will affect investors. Actually it is good but we are impatient about that.
legendary
Activity: 3122
Merit: 1140
July 12, 2018, 05:27:01 PM
#66
I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!
Not just totally depressing on ourselves only but in all or most people in the market as of today. Correction would always take place on any alcoins in the market specially to the main coin like bitcoin. We do see its ATH and reaching out that price point in a short period of time is somehow considered to be a bubble or being hyped and now we do decrease for almost 75% down to that price. Can we considered it as a healthy correction? I dont think so.
member
Activity: 630
Merit: 14
July 12, 2018, 05:23:21 PM
#65
Maybe it's good time to buy bitcoin...just a good price to buy, can make good profit, when it goes up.

Any price below $6800 is good entry point.
I think it's no longer worth worrying, especially given the fact that many investors invested in Bitcoin in late 2017. To date, this is a really bleeding wound for investment. Therefore, the current state of affairs in the crypto-currency market gives a very good chance for investment.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
July 12, 2018, 05:10:15 PM
#64
Maybe it's good time to buy bitcoin...just a good price to buy, can make good profit, when it goes up.
As long as the price is down, it's a good time to buy bitcoin. You have to get a good entry point before buying and to those who have bought during the time when it's quite high, you can still keep on buying before the price starts to reverse and goes crazy pumping.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 12, 2018, 05:00:54 PM
#63
Bitcoin is now oversold after it has been bearish for months. Since the oversold is over, it is now turn for bull run and it is going to make bitcoins price high.
Things are not so simple, yes bitcoin has been oversold for a long time but even if that is the case we need a spark, something that makes people believe again that the price can recover soon and I do not see that happening soon, so you only have two options, to trade in the meantime or to use your cash to take an early position in bitcoin and hold until the price recovers.
newbie
Activity: 66
Merit: 0
July 11, 2018, 08:45:50 PM
#62
Maybe it's good time to buy bitcoin...just a good price to buy, can make good profit, when it goes up.

Any price below $6800 is good entry point.
full member
Activity: 462
Merit: 100
July 11, 2018, 08:12:52 PM
#61
Maybe it's good time to buy bitcoin...just a good price to buy, can make good profit, when it goes up.
newbie
Activity: 126
Merit: 0
July 11, 2018, 03:03:59 PM
#60
Bitcoin is now oversold after it has been bearish for months. Since the oversold is over, it is now turn for bull run and it is going to make bitcoins price high.
sr. member
Activity: 784
Merit: 250
Vave.com - Crypto Casino
July 11, 2018, 02:51:50 PM
#59
bitcoin is currently in a down position. but not to worry about this incident. because the bitcoin price fluctuations are dominantly influenced by opinion news. so it happens panic sell.
newbie
Activity: 94
Merit: 0
July 11, 2018, 02:48:12 PM
#58
The previous bull run was crazy and the correction was bound to of happened.
newbie
Activity: 210
Merit: 0
July 11, 2018, 02:46:12 PM
#57
bitcoin is 6 months in trend down. hopefully this is just a healthy correction I believe soon bitcoin will soon recover the price

I think these past months are enough to correct the Bitcoin and it would be appreciated if we saw new trends on the graph while the line is running up and up,
jr. member
Activity: 250
Merit: 2
July 11, 2018, 02:40:52 PM
#56
What also make me think it's healthy is that it'll help us understand better how the market works. A time shall cime that almost everyone will become fed up and we'll now know that this is the new status of crypto and I think a rise shall come from there. It will also help eradicate some "unnecessary" coins. By the way sorey to anyone who ahs lost funds (we shall surely get back our moey +interests some day to come).
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
July 11, 2018, 01:15:36 PM
#55
I think you are right. Most market will act likes a Sinx shape. Bitcoin has touched the top in 2017 and now it must reduce to the bottom. you should not be worried and lets buy and hold coins now.


What is the correction you are expecting on bitcoin mate. I see the investors are really supporting the value to grow more in the market. Please refer the good market value analyzing site and invest the coin you like. If you feel the coin value is cheap on the concern potential coin.
Please invest your money to the avoid the price fall and correction in the crypto market.
I have around 4 bitcoins in my blockchain wallet. I expect that to reach 10k USD or even more.
member
Activity: 154
Merit: 10
July 11, 2018, 01:03:54 PM
#54
I think you are right. Most market will act likes a Sinx shape. Bitcoin has touched the top in 2017 and now it must reduce to the bottom. you should not be worried and lets buy and hold coins now.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 11, 2018, 12:19:44 PM
#53
I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!
These small corrections are nothing like what we saw some months ago so I am not worried, you are right when you say that a bull market is slowly forming but I think it is going to take several years before it manifest itself, that is what happened the last time there was a crash as big as this one and I really think the same thing is going to happen again.
member
Activity: 280
Merit: 15
July 11, 2018, 10:24:59 AM
#52
Market is consolidating the prices as of now the market is recovering once we have bull run we can see at a stretch price growth there on words no looking back for dump again
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