I believe that it's going to be a good time to invest in bitcoin for cheap.
At the moment, a lot of people aren't even interested in bitcoin anymore due to the fact that its prices have basically plummeted from the all time high. Instead of panic selling like the rest of the crowd, I think it's a good time to start dollar cost averaging your buys and getting in at cheaper prices. There is virtually no benefit to panic selling - you're not going to get much in return anyways.
But there is a lot of advantages to buying right now, as we know the price is nearing the bottom, if not already at the bottom. I do expect the bear market to continue for at least a few more months until Q4, though, which means that only accumulate now if you're comfortable with holding for the long run. Don't expect any short term profits.
Topic: bitcoin market price falls down. Threat or treat? - page 3. (Read 471 times)
Obviously, a fall in the price is a threat, since a lot of people are investing their money in it. If the price keeps falling. Then it is better to take out the money as quickly as possible, because harboring such risk will result I the loss of money. It’s better to be updated on the price all the time.
This is a good time to invest in Bitcoin. You can buy the coins at a cheaper rate now. And then, hodl the coins till the rght moment comes when you can trade them.
According to Coinbase, almost $20 billion is waiting to enter crypto space from big financial institutions. They are only waiting until custody solutions make sense. Market is prone to manipulation and institutional money will not enter the market until that threat is gone. Tokyo-based investment bank Nomura announced its new venture, Komainu which is a custody solution that can remove barrier for institutional money entering the market. This can significantly increase the volume which in turn can lead to price appreciation.
We are constantly listening that some big money just waiting to enter in cryptocurrency, same story for years - I hope this price movement is maybe a signal that something is happening in this regard. It make sense that big investors want to invest at a lower price, but even with that extra money volatility of BTC will not disappear, and manipulation is an integral part of the markets.
When I listen to some "experts" and their prediction regarding investment in cryptocurrency, most of them are pretty sure that trillions of $ will be invested in this market, but if you ask them when - hardly anyone gives time frame for that.
Threat or treat, it is both in this moment, for anyone who want to buy more or enter first time in crypto it is treat - for other investors can be threat/for week hands this is catastrophe and death of BTC.
Well, BTC market price again falls down it is not a threat. I hope soon the price will rise up and with in the end of this years I hope the market will be stable.
Market prices right now are emotionally driven, if the fear will continue to feed we can go below 5k considering it a treat for those who want to jump into the market however it will be a threat because investors might be catching falling knives.
I think this threat for those who have already invested in btc and treat for those who are planning to invest in btc. Like other financial tools, price will move up and down anytime. So I don't think that it would be threat or treat for the fluctuation.
Do you mean bitcoin will be destroyed and not worth anymore? I guess it will never happen to bitcoin. This is just a market situation, and indeed the new bad news continues to grow so that makes all the price decline not just bitcoin alone. This week bitcoin prices will again decline, possibly up to $ 5000 price if you see the state of the market, each user will prefer to sell rather than buy. And when the price has touched about $ 5000 everyone will think to re-invest so it will make the price back up.
I came to a point where i am always checking coinmarketcap.com for market price movement that relatively as of this moment it continue to fall down. It came another major fall down on market price. What do you think on the situation right now? Is it a threat that bitcoin will crushed or it is the good time to invest on bitcoin or other cryptocurrency.
I think its treat that will crash it's normal every year we experience the down price of bitcoin. It's time to buy more now because it's cheaper than before so when the price will increase we gain a good profit.
It basically depends. There are some who knows that in the long run the price will go up and waas waiting for a opportunity to invest here. This bearish market is a treat for them. They wil invest now aand wait for the recovery of the market.
Investing right now is even bigger of a gamble than it usually is.
Investing in any market is a gamble, regardless of the sentiment.
While people keep complaining about the price being low and whatnot, miners don't give a fack which likely only means that the price is still profitable for them. It has been like that for months straight, nothing can change that. If the price was low and unprofitable they just wouldn't keep adding gear to the network. Ok, one could say that they are stacking up coins hoping for a recovery that may or may not happen, but that's too speculative and nothing can be bought with that.
I think the bottom is in once the difficulty increases stagnate for months straight, or even turn into a decrease.
Why would this be a threat to Bitcoin? It still works as it should and development is still underway. It has proven time and again that price drops won't crush it. If anything else, it may be a threat to investors.
We're in a bear market so I personally don't think we've bottomed out. I plan to just sit on my ass and HODL. Investing right now is even bigger of a gamble than it usually is.
We're in a bear market so I personally don't think we've bottomed out. I plan to just sit on my ass and HODL. Investing right now is even bigger of a gamble than it usually is.
For me its a treat to the investors who have low amount of capital to invest in. They'll get chance to invest in it and earn a good amount of profit when the price goes up.
I came to a point where i am always checking coinmarketcap.com for market price movement that relatively as of this moment it continue to fall down. It came another major fall down on market price. What do you think on the situation right now? Is it a threat that bitcoin will crushed or it is the good time to invest on bitcoin or other cryptocurrency.
What is the purpose of always checking the market price? Because the more you look at the price the more you panic. The current situation is not a threat, because this will not continue to crash, in fact its a treat for us to have more bitcoin in our wallet. Treat this situation as another buying opportunity, make it well.
the attitude of the people in this forum is different, I think only those who have a weak mentality who thinks the present situation is a threat, while the clever people assume that the present situation is a drug, which can cure after the decline that occurred some the last month, they will take advantage of this situation and buy coins as much money as they have, in order for the results to double.
It is still early to invest in the crypto currency. The fall in prices may continue. I believe that the price of the crypto currency will fall for a few more months. Personally, I now will not buy anything, I will wait, maybe I can buy at a lower price.
very confusing this is the condition where there is a very profitable and there is a disadvantage, fortunately for those new investors who are now down prices and losses for those old investors and huge losses.
Like some of us has said here several times it is a good thing for bitcoin to fight and remain strong in the face of this serious opposition to it progress. Bitcoin is falling towards $5,500 and from there a very strong bullish momentum will be form that is going to push bitcoin above $10000.
This is certainly a threat. The investors are not seeing any growth in bitcoin and hence lost their interest to invest here. And those who are holding their coin for good prices are already depressed by now.
I agree with the opinion! I'm sure that now is the best time to buy bitcoin! such a sale will be no more! This year bitcoin will reach 40,000! and it will happen very soon! This market for the patient, now there was a long correction! but I'm sure that soon it will end! if you look at the graphs for the past years: bitcoin always up, down! but always in the new year it cost more than in the previous one! such a more low price will not, invest with pleasure!
It is still early to invest in the crypto currency. The fall in prices may continue. I believe that the price of the crypto currency will fall for a few more months. Personally, I now will not buy anything, I will wait, maybe I can buy at a lower price.
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