Topic: BITCOIN fall less than 9K USD! - page 7. (Read 1256 times)

Any conclusions about Bitcoin at this time will not be correct. In my opinion, the Bitcoin rate will fall to $ 6,000 and will rise again after the Chinese New Year ends. We can now see a massive impact on the negative news to the Bitcoin as well as the entire cryptos exchange rate on the market. You should buy more Bitcoin to hold if you have money now.

You can do what I do and buy the drop.

Start with an amount of fiat your comfortable losing just like when you gamble. For the sake of example let’s say $30,000. Then guess what you expect the bottom to be, let’s say btc/usd rate of $10,000.

At a btc/usd of $10k you buy $2k worth.
At a btc/usd of $9k you buy $3k worth.
At a btc/usd of $8k you buy $4k worth.
I’m sure you see where this is going now.

Then you sit on the btc and mess with people on the forum while constantly monitoring the btc/usd rate and the news.

Then you see the climb back up happening. You start selling at $11k.

At a btc/usd of $11k you sell $2k worth of btc.
At a btc/usd of $12k you sell $3k worth of btc.
When you get to 25% of your original btc holdings left then you stop selling and try to guess the top based on the slowdown of the frenzy and sell the rest of your holdings.

Rinse & repeat.

it has average gas = 20 dollars. Let it drowned.

I will wait for the up.
Bitcoin will go up again that's sure.

Keep holding the coins until the price goes up to another all time high, that is what I am doing. No matter how bad it gets.

The best thing for today's moment, I think should sell it and buy it when bitcoin prices touch the 2k dollar price, and wait for the rocket for the bitcoin price to return!

The price right now is getting lower compared to january but i still have high hopes that it will still recover its price.So instead of making the market more bloody,let's just focus on investing and buying cheap coins like bitcoins and altcoins for sure these two will totally grow in time.Bitcoin may have an edge over altcoins but i also see some good potentials on altcoins though.

judging by the many issues that circulate about the ban of bitcoin, it makes me sure that bitcoin will jump later. because the issue was formed by some people who have a lot of money for bitcoin to fall so they can buy more over

Well, I think this is one of the best times to buy more bitcoins. I believe this kind of falling is temporary and will always be. Sooner or later, bitcoin will rise back again. I'm not the one who panic when I see bitcoin's price decreasing but rather I see it as an opportunity to do some smart investment.

Hold still,
Even though the price was as same as the price in January 2017.
I still hold my Bitcoin to in order not to repent at last.

The plan for my current BTC investment is to HODL, as it is still at a much higher price than when I invested. If it dips a bit more, or  back to the price when I invested, I might actually invest a bit more.

BTC will likely fall a little further, but then slowly move up again. I guess by March we are again in the 14k territory. So I am starting to buy now.

this is it guys it was a fun ride, see you on the drive-through window where I will be spending the rest of my life at :/
ps: just kidding BTC will comeback strong.

I think the question really depends on individual circumstances. There is no one-size-fits-all answer.

For example, if you are trading bitcoin, ie. using trading tools of your pereference such as say technical analysis, then you would already be relying on the same methodology to make those decisions. Placing a trade now, or whenever, will depend on when you bought or sold and why. If you sold two days ago in the expectation of buying back within a short time frame when the price fell you will have a different perspective than someone who perhaps bought bitcoin say in the early part of last year looking for a longer term investment return.

As another example, the year-on-year price of bitcoin has seen an increase from $1,100 to $8,980 as we speak. So for that investor, the purchase would represent an increase of 716%. So, not bad! A trader who went short on Monday this week, when bitcoin was $11,740 could cash in now for a 3-day profit of 24%. That's great for three days work!

But now let's look at two alternative scenarios. Our longer-term investor who bought bitcoin at the start of 2017 at $14,200 would be looking at a loss of 37%. That's quite a loss and one that might need a stiff drink or two! Or, look at the trader who, instead of going short three days ago, decided to go long in the belief that we were in a dip which represented a "buying opportunity". Well that trader would have bought at $11,740 and, with the price now at $8,980 (in fact it's now $8,950, having lost $40 since I started writing this paragraph, but we'll ignore that - it's small change in the "world" of bitcoin!) will be nursing a loss of 23%.

The one year investor will have a different choice to make than the one month investor. One is up 716% and the other is down 37%. Does the one year investor cash in their substantial gain? Do they wait in anticipation of the market rising? What about the one month investor? Did they have a stop loss to cut their loss or are they letting it accumulate?

Similar questions arise for the two traders. The one that went long three days ago has lost almost a quarter of their trade value; the one that went short has done the opposite. Are they using their technical analysis to guide them. If so, the trader that went long will be implementing their stop loss strategy (surely overdue?) and the one that went short is likely to continue to hold because the technical indicators are showing downward momentum.

So the question of the OP: what do you do now - do you buy or sell - does not have one answer for everybody. It has a different answer for each and everybody, depending on their own individual circumstances. And remember, nobody knows what's going to happen next in the rollercoaster ride that is the price of bitcoin (and cryptocurrency in general) - but one thing's for sure: you can expect the unexpected.

This is just FUD finalized to tank prices, nothing else. It happened time ago with Russia, now it's India, but there is no news in this news, BTC is not a legal currency anywehere and the fact that a government says that is not a news. Just FUD for speculators.

So many people who are like you are so afraid of whats going to happen, I bet that you are the ones who invested with bitcoin late when the price was already high. For me and for those other people who invested bitcoin when it was just still less than 5k are not worried that's because we invested early for those people who are invested and going negative please just wait until it goes up again. There is no reason to panic sell the price may fall down but soon it will go up. Just have the patience to wait, bitcoin is a long-term investment if you are looking to have a short-term just invest with altcoins not with bitcoin.

What do you mean?

The current level is touching the low 9k. The major real support is at 7-8K, and I think that is the lowest possible Bitcoin could go.Well, finally Bitcoin take a long correction. I bet the next Bitcoin move would be interesting.

The question at this point in time is very relevant, and I think bitcoin could fall even lower, in this situation, altcoins are very progressive and can sooner or later lower the price of bitcoin very much!!!

My opinion holding is the best way to save our money. Because in current scenario many hackers are theft the cryptocurrency so you should hold your money no one guess your investment.
The another reason is lighting network also affects the cryptocurrency value. These two issues are solve in soon so don't panic your investment