BITCOIN CORRECTION: PERFECT BUY TIME - page 4.

Silberman

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Quote from: proudhon on February 23, 2021, 04:18:12 PM

Quote from: Murpheus on February 23, 2021, 03:51:21 PM

Since predicting the market is all about probability

Wrong! Predicting the market is about using solid science and proven math calculations with confirmed sources. When you use that method you can clearly see now is a very good time to sell and short at maximum leverage.

Different people use different methods to trade the markets, there are those that like to enter the market when there is a high chance that the market moves in one direction taking into account its previous patterns, obviously not everyone likes to trade like that but if done correctly then that kind of strategy can still give profits, the price right now is siting at 47k which to me seems like a perfect opportunity to buy bitcoin as I have no doubts that we will go above 50k during the next weeks.

Hippocrypto

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Quote from: wheelz1200 on February 25, 2021, 04:42:41 PM

Its always the right time to buy. If you think bitcoin will be higher than it is on a given day at some point in time in which you are willing to wait for than cost average on the way down or on the way up, either way no sense trying to time crytpo markets. Its a losing strategy trying to bounce completely in or out of the market. Buy all the dips

We will have to wait for bearish market and see the dips of bitcoin price which is closer to $30k or lesser. It's not that easy for now because we're still at the top and when someone or more people dump, there's still individuals who wanted to find a good opportunity to buy on that level. So we're not sure yet to see faster dips to be initiated this time, it could take more months to go.

wheelz1200

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Its always the right time to buy. If you think bitcoin will be higher than it is on a given day at some point in time in which you are willing to wait for than cost average on the way down or on the way up, either way no sense trying to time crytpo markets. Its a losing strategy trying to bounce completely in or out of the market. Buy all the dips

serjent05

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Quote from: proudhon on February 23, 2021, 04:18:12 PM

Quote from: Murpheus on February 23, 2021, 03:51:21 PM

Since predicting the market is all about probability

Wrong! Predicting the market is about using solid science and proven math calculations with confirmed sources. .

Sadly this solid science you are talking about also declares a probability of the price trend. So the core purpose of this said process is knowing which trend has a greater probability of appearing.

Quote from: proudhon on February 23, 2021, 04:18:12 PM

When you use that method you can clearly see now is a very good time to sell and short at maximum leverage

No one can clearly see the trend since all those predictions using this so-called solid science and mathematical calculation always have this "if" statement meaning they acknowledge the possible opposite outcome of the calculation nullifying the "clear" state of the prediction. And btw, there are lots of instances where this kind of method is proven wrong by the Bitcoin market.

Murpheus

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Quote from: Poker Player on February 24, 2021, 09:06:32 AM

If you believe the price will get to $1M, probably in the next cycle, it doesn't matter. Buying some bitcoin $1k cheaper or more expensive won't make much of a difference. Just buy and hold. If you wait to get it $1 cheaper you risk waiting while it goes up a lot and you have to buy much later and much more expensively than you expected.

Lmao

10,000dollars can still make huge difference...
Am speaking as a trader... Not a long term investor....
In fact I don't HODL any coin... I seize the swings

Fundamentals Of

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Quote from: michellee on February 25, 2021, 08:43:26 AM

Quote from: Fundamentals Of on February 25, 2021, 07:29:46 AM

Quote from: Jating on February 24, 2021, 07:29:36 AM

Quote from: Fundamentals Of on February 24, 2021, 06:21:11 AM

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

That's right. $60,000 within March is probably going to happen. But it seems that the battle is happening right now at $50,000. If Bitcoin will be able to get away from this hard level, it might very smoothly reach $60,000 in the first half of March. But I don't think Bitcoin has already a very strong grip on $50,000. We are still seeing $49,000 level prices every now and then. Bitcoin's hold on $50,000 is not stable.

The price now breaks the $51k level, so we will have the opportunity to back to the high price while still having a few days until the end of this month. Hopefully, everything can back to $58k before or after next month, giving more chances for bitcoin to still increase. I think the perfect day to buy bitcoin is already coming yesterday when the bitcoin price goes down below $50k, but you can buy bitcoin at the current price. But the perfect time to buy bitcoin is when the bitcoin price is down deeper.

I checked CMC right now and it has indeed broke $51,000. It is already almost $51,500 to be exact. I think this is the beginning of the rebound. The correction recently was deep. Bitcoin fell down to as low as $45,000. With the success of Bitcoin's price to stay away from $50,000, I think we are now ready to go up targeting $60,000 within the next two weeks at least. If things are working normally, $60,000 is really within reach in March. If some whales will dump, then it will not be met this time.

michellee

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Quote from: Fundamentals Of on February 25, 2021, 07:29:46 AM

Quote from: Jating on February 24, 2021, 07:29:36 AM

Quote from: Fundamentals Of on February 24, 2021, 06:21:11 AM

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

That's right. $60,000 within March is probably going to happen. But it seems that the battle is happening right now at $50,000. If Bitcoin will be able to get away from this hard level, it might very smoothly reach $60,000 in the first half of March. But I don't think Bitcoin has already a very strong grip on $50,000. We are still seeing $49,000 level prices every now and then. Bitcoin's hold on $50,000 is not stable.

The price now breaks the $51k level, so we will have the opportunity to back to the high price while still having a few days until the end of this month. Hopefully, everything can back to $58k before or after next month, giving more chances for bitcoin to still increase. I think the perfect day to buy bitcoin is already coming yesterday when the bitcoin price goes down below $50k, but you can buy bitcoin at the current price. But the perfect time to buy bitcoin is when the bitcoin price is down deeper.

Fundamentals Of

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Quote from: Jating on February 24, 2021, 07:29:36 AM

Quote from: Fundamentals Of on February 24, 2021, 06:21:11 AM

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

That's right. $60,000 within March is probably going to happen. But it seems that the battle is happening right now at $50,000. If Bitcoin will be able to get away from this hard level, it might very smoothly reach $60,000 in the first half of March. But I don't think Bitcoin has already a very strong grip on $50,000. We are still seeing $49,000 level prices every now and then. Bitcoin's hold on $50,000 is not stable.

Furious 7

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Quote from: Jating on February 24, 2021, 07:29:36 AM

Quote from: Fundamentals Of on February 24, 2021, 06:21:11 AM

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

We have to hold a stronger grip now that is the right buy, when the correction occurs there is a little bit of panic and it will not take long if we are sure with a purchase under $45k maybe the profits are in sight just a matter of hours bitcoin has jumped again but now I more confident $50k is still below after entering march we will see how bitcoin will touch $60k and above.

I also actually want to see how bitcoin moves in the second quarter, will it be the rest of the first quarter or indeed the peak is 100k, as many predictions have previously imagined?

thecodebear

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Nice dip to load up more! I don't have much extra money to buy more but I did pick up a little bit more at $45,550 cuz I saw $45k and I was like ok no way I just let this opportunity pass!

Since we literally just got out of a major correction like two weeks before this drop I don't expect this one to last too long. Market just needed to find some support after blasting up $20k in two weeks. Great time to buy for quick returns if you're a trader, or just to accumulate cheap btc to hodl.

LUCKMCFLY

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Trading decisions are sometimes made according to the personality of the trader, many say that it is a good time to buy, according to what little I know, it is bad to buy at highs, but to buy it is better to do it when millionaires do it, and the best way of knowing it is studying the volume, very few read the volume and focus on chart figures.

snipie

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Quote from: Jating on February 24, 2021, 07:29:36 AM

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

$60k in March shouldn't be hard imo. That barrier was almost hit this month. Good news about big tech buying Bitcoin pushed it and ordinary people should join the race too. We still need more adoption to pass this tiny barrier and in a couple of months maybe, the psychological $100k barrier!

Poker Player

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If you believe the price will get to $1M, probably in the next cycle, it doesn't matter. Buying some bitcoin $1k cheaper or more expensive won't make much of a difference. Just buy and hold. If you wait to get it $1 cheaper you risk waiting while it goes up a lot and you have to buy much later and much more expensively than you expected.

Jating

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Quote from: Fundamentals Of on February 24, 2021, 06:21:11 AM

You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Right, the $45k is the best buy for bitcoin, so it was a swing from $57k-$45k which is more than 20% 'healthy correction'. And now that the price seems to stabilised around $50k so that golden opportunity may have gone for good.

$60k will be doable next month, and just like we have seen in January wherein it went as low as $28k but we have a good bounce to $57k. So $60k or even higher could be achieved in March.

Fundamentals Of

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You were right. The price of Bitcoin at this point is already $50,500 but it went as low as $45,200. That's already a $5,000 difference. If anybody believed your signal that anywhere in between $47,000 to $43,000 is buying time and have made actual buying, they have already made a significant profit.

I think the price right now is still falling within the buying range. Bitcoin is still eyeing $60,000 within the first quarter.

Murpheus

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Quote from: Smitty Werben Man Jensen on February 23, 2021, 06:40:15 PM

yes! thats a perfect for buy, but if you want to be safe, then buy at support $ 40k to $ 38k, because that is the strongest support from bitcoin. bitcoin is trading at $ 48K now and will probably retest to $ 52k before the price drops back,
if it is true that March is a bloody month, then an eliot wave will occur.

Thats too big a dump for one time....
At least you said March...
We are still days away....
There's still a chance for a bull run before that happens

Smitty Werben Man Jensen

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yes! thats a perfect for buy, but if you want to be safe, then buy at support $ 40k to $ 38k, because that is the strongest support from bitcoin. bitcoin is trading at $ 48K now and will probably retest to $ 52k before the price drops back,
if it is true that March is a bloody month, then an eliot wave will occur.

Wilhelm

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Quote from: Murpheus on February 23, 2021, 04:35:04 PM

Quote from: Wilhelm on February 23, 2021, 04:28:38 PM

The stock market is a stochastic random walk so it’s non-predictable by definition and proof. If you could predict it you would not be here...

Then you agree with me that its a game of probability then??
Yes...
You don't need to answer...
Look at your Bitcoin/USD charts....
Now tell me which has the higher probability?? BTC making a reversal or continuing in its trend...
Remember the markets has a memory Grin

It is a game of probability so yes I agree.
Bitcoin does have a pattern making it more predictable. The nature of halvings prescribes deflation.

This looks like a correction and I believe we are not at a reversal yet. It’s just BTC changing hands from weak to strong...

Murpheus

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Quote from: Wilhelm on February 23, 2021, 04:28:38 PM

The stock market is a stochastic random walk so it’s non-predictable by definition and proof. If you could predict it you would not be here...

Then you agree with me that its a game of probability then??
Yes...
You don't need to answer...
Look at your Bitcoin/USD charts....
Now tell me which has the higher probability?? BTC making a reversal or continuing in its trend...
Remember the markets has a memory Grin

Wilhelm

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Quote from: proudhon on February 23, 2021, 04:18:12 PM

Quote from: Murpheus on February 23, 2021, 03:51:21 PM

Since predicting the market is all about probability

Wrong! Predicting the market is about using solid science and proven math calculations with confirmed sources. When you use that method you can clearly see now is a very good time to sell and short at maximum leverage.

The stock market is a stochastic random walk so it’s non-predictable by definition and proof. If you could predict it you would not be here...

Topic: BITCOIN CORRECTION: PERFECT BUY TIME - page 4. (Read 642 times)