Bitcoin ON SALE, buy it now and HODL !

raven7886

legendary

Activity: 1512

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Quote from: timerland on February 08, 2018, 02:57:09 AM

I really doubt that Chinese new year will have that big of an impact on the bitcoin's price.

But I think that you're right about the price rebound. It's going strong now and I can pretty much only see this current trend going even higher once all the bad news is flushed out of the system and people are confident in buying bitcoin again.

Potentially, this pump will take bitcoin back up to $10k+.

No point selling now because a) you're probably going to take a loss by doing so and b) bitcoin is most likely going to get way higher after this.

Chinese may not have impact, but the huge volume that was pumped into bitcoin few days back should have at least given some people a clue that the bulls are beginning to get back into the market. We do not need a soothsayer to tell us sometimes when to get in and when to get out.

We have had a huge dip enough and anyone who is not buying now and waiting for lower, instead of at least buying some at this point, is as greedy as someone who bought at the top.

Smart moneys will be thinking of a sweet time to get in right now. The risk takers obviously would have gotten in as well as the true believers who are taking the good opportunities. However, those who are bearish on bitcoin are always the one who usually come back crying about how they missed the chance of their life. Anyone who cannot see this as a chance now is definitely not even supposed to be here.

omonuyak

sr. member

Activity: 882

Merit: 269

It is very hard to buy now because those that buy around $16,000 $15,000 and even $10,000 are counting their losses as it seeing no hope of recovery for them because some of them don't know how this market work but just take it as buying and selling high. Now provide the best opportunities for one to buy bitcoin at a cheaper price in 2018 as bitcoin may not get low to this level again.

eann014

hero member

Activity: 1078

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Quote from: nlcars on February 05, 2018, 07:52:54 AM

as everybody can see now Bitcoin is in decline mode but this is my own opinion and I am not telling it to the bears but only to the bulls who has sharpened there horns, it is now the time to buy !

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced
Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

What can you tell about it?

I don't think so, last Christmas and last New year bitcoin price goes down after hitting ATH's. It doesn't increase after the New year, it gets more lower. Now that the Chinese New Year is near I don't think that bitcoin will go up again after that day. It is still depend on us and to those who appreciate bitcoin today not because of the holidays, that is not proven now.

HabBear

hero member

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Merit: 638

Quote from: nlcars on February 05, 2018, 07:52:54 AM

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now. BTC was in 80 days never been so low priced. Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

Wow, this is a very entertaining premise! It's believable, given the demographic of Bitcoins hodlers....Bitcoin is "the coin of the people!"

Regardless of the reason, every mainstream coin is on sale. There's been no significant news to drive down the price of everything, just profit taking and a run down from the sheep (it's typical). Things are on sale indeed, if you have cash on the sidelines consider this a buying opportunity!

AjithBtc

sr. member

Activity: 1666

Merit: 276

Vave.com - Crypto Casino

As Op described we're getting close to the days of Chinese New year. In this regard we can expect large volume bitcoin and other altcoins getting circulated all around for trading as well on different other purchases from marketplaces accepting bitcoin as well other cryptocurrencies.

Kevin77

legendary

Activity: 1652

Merit: 1057

Quote from: amirshaf on February 05, 2018, 09:06:13 AM

You can wait btc at 5k then you can buy and hodl

A lot of people have waited like this in the past, and they ended up missing a good chance of their life. What is the difference between $6000 and $5000 ? What if you never get to see the $5000, so you will miss a good chance because of a thousand bucks ?

My point is, when you are in dips like this, learn how to buy in margins, when the correction is over and you are pretty sure we are in an uptrend, and then you can now decide to add more in that case.

Obviously, this is like the period of shopping. At times like this, it is always good to shop for new coins and wait for the bulls to take over the market because that will be happening very soon. We are still not sure where the trend is going, but like you said, the China new year will soon be over, they may be looking to buy in quickly so as to be a part of the long positions, and with what is going on with the charts, I will say buy, buy more and keep buying!

A.H.Rassel

sr. member

Activity: 560

Merit: 251

I think panic selling ongoing now. Now time to buy bitcoin, buy and hold as much you can because I think it's a great opportunity to buying bitcoin for us.

trickyriky

sr. member

Activity: 882

Merit: 251

Quote from: amirshaf on February 05, 2018, 09:06:13 AM

You can wait btc at 5k then you can buy and hodl

Too late already. We had to be quicker and buy Bitcoin when it was around 6 thousand. Now it is late to regret. Just buy for the existing price and wait till it grows.

aencarnaci

sr. member

Activity: 448

Merit: 281

Quote from: antosionta on February 05, 2018, 08:12:12 AM

i agree with you friend. if bitcoin fall, we have a chance to buy at the low price.

You will be able to get bitcoins. And they will be fruitful for you in near future. Bitcoin rates will be going low as there is a start of a new Chinese year and from all over the world Chinese will take part to celebrate their traditional event. So, they will definitely go for selling of bitcoins. And there will be the opportunity for you as well as the people who want to get bitcoins in less rates and earn profit by selling them at higher rates later.

haroldtee

sr. member

Activity: 644

Merit: 299

Quote from: sommii on February 05, 2018, 07:59:05 AM

Buy it now, HODL and sell it in few months when it will reach $1k. Or wait until it's worth 0$.

You are really mean bro! Is this suppose to give anyone hope? Most especially the newbies? We have heard a lot about this from people like you before, so I am not surprised.

Also, I will love to ask you one thing about all markets (Forex, Stock etc), that is if you truly understand the way market works though. Have you ever seen a market that has never been in a downtrend outside cryptocurrency? Probably, if you have not seen one before, you should then go take a look at the stock market right now.

At the end, only those who sell out of panic by listening to words that come from people like you are always the ones who end up losing. Institutions will always be in the market, they will play with people's emotions just with the charts alone, this is still an early stage of cryptocurrency, there is FUD everywhere, but I guess all that does not make any meaning to you right? You can decide to buy into bitcoin when it is $0, since that is what you are waiting for. Apparently, only the smart moneys always know when to get in and when to get out anyway, so I have nothing else to tell you.

timerland

hero member

Activity: 1526

Merit: 596

I really doubt that Chinese new year will have that big of an impact on the bitcoin's price.

But I think that you're right about the price rebound. It's going strong now and I can pretty much only see this current trend going even higher once all the bad news is flushed out of the system and people are confident in buying bitcoin again.

Potentially, this pump will take bitcoin back up to $10k+.

No point selling now because a) you're probably going to take a loss by doing so and b) bitcoin is most likely going to get way higher after this.

onebtcforlife

member

Activity: 420

Merit: 10

Quote from: dangwapo311 on February 05, 2018, 09:08:58 AM

Yes I believe right now is the best to buy bitcoin. The price is low and a lot of newbies are panic selling. I have bought a lot of bitcoin already and I am on the waiting phase. Hope bitcoin price will go up again soon.

That is always the right one to do in the present situation because there are many panic people selling their Bitcoin in the market and it is going to be the best option for the people who want to buy some Bitcoins in the market. Hold it as long as possible in order to make a profit on your investment.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: BarrieBarrett on February 07, 2018, 11:42:44 PM

In my opinion, you can start buying bitcoin after the capitalization of the crypto-currency market has fallen to $ 250 billion.

You are looking to the market cap? You can simply check the prices but it doesn't matter when the market cap is low = price is low. There are posts on social media coming from these so called TA "experts" that are boasting their analysis that if bitcoin will reach $10k it will come back again at $6,000. But I'm only laughing at those people and I guess the dip is already done and we are ready to move forward to reach again those 5 digit value of bitcoin up to $20,000.

Bitcotalk

hero member

Activity: 966

Merit: 517

Quote from: judemarco1996 on February 05, 2018, 08:05:22 AM

I agree that it is now the best time to buy bitcoin, but then how can we buy when everyone is holding. I would say be patience wait until somebody will sell their bitcoin then buy it and hold for your own good. Be patience.

Yeah bro you are saying true that it is the best time. You will get opportunity to buy bitcoins when a couple of week will pass. Because Feb 16, 2018. Is the start of a new Chinese year? And to celebrate this new Chinese year, Chinese will go to sell their bitcoin after just a week.

That’s why, by selling off bitcoins you can easily grab the bitcoins. And you will be able to grab bitcoins till your desire. And you will be able to get a large profit easily.

BitcoinCommodor

full member

Activity: 504

Merit: 106

Quote from: nlcars on February 05, 2018, 07:52:54 AM

as everybody can see now Bitcoin is in decline mode but this is my own opinion and I am not telling it to the bears but only to the bulls who has sharpened there horns, it is now the time to buy !

Why ?
16 February is the Chinese new year and because many chinese now need money to spend sell their bitcoin and altcoins for now
BTC was in 80 days never been so low priced
Now the altcoins wich has enormous potential like Ethereum, Litecoin, Ripple, Bitcoin cash, cardano, Stellar etc. all are for sale !!

So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

What can you tell about it?

Yes. Of course it is the time to buy bitcoin. But I suggest you to buy it after a couple of week. Because as you mentioned that there will be starting of a new Chinese year. So, when they (Chinese) are going to sell Bitcoin than the prices of bitcoin will be low and you shall get opportunity to buy bitcoin in cheapest amount. And after that there will be the numerous number of buyers to buy bitcoin so the price will be rise immediately.

BarrieBarrett

newbie

Activity: 32

Merit: 0

In my opinion, you can start buying bitcoin after the capitalization of the crypto-currency market has fallen to $ 250 billion.

nlcars

member

Activity: 140

Merit: 22

When you look at the cart you see simular movements in the history of BTC, yes the value is may be not the same but when you look at the proportions it is almost the simular movemement:

https://bitcoincharts.com/charts/bitstampUSD#rg2920zczsg2013-05-07zeg2013-12-18ztgCzm1g10zm2g25zv

SaShiRaJaVu

hero member

Activity: 1694

Merit: 541

I am also not sure whether the Chinese new year is the sole reason for this price drop,there are different factors that are playing here,the regulation news is the major factor and majority of the investment during the rally are from fund houses and people using their credit cards,so expect profit bookings from people like that .If you are positive enough with how the market goes,good luck with it.

Astrilian

full member

Activity: 350

Merit: 112

Ecosystem for Fundraising DAOs — ICOs 2.0

I doubt the Chinese year is the reason for the low prices of BTC, the big banks and governments are fighting back and there is almost no day where more concerning info is released. Just today it was confirmed that China is banning all foreign exchanges. Someone posted that Chinese hold over 60% of BTC. Not sure if that announcement is fud but as long as these series of bad events are continuing I will refrain from any action.

CAPT.DEADPOOL

full member

Activity: 854

Merit: 102

PHORE

yes, while low and lower the price of bitcoin you take advantage of purchasing a lot and hold it for years or months because we expect that bitcoin price will rise again in the coming months

Topic: Bitcoin ON SALE, buy it now and HODL ! (Read 431 times)