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Topic: Bitcoin Price Drop: Is this the Best Time to Buy? - page 5. (Read 830 times)

newbie
Activity: 14
Merit: 0
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jr. member
Activity: 122
Merit: 2
The price of crypto coins including Bitcoin has been largely characterized by huge fluctuations that obviously calls for a big concern, it's normal to see fluctuations in the market, but recently it has been very difficult to follow any trading pattern or the usual technical analysis results. Though this time looks very good for a buy, one must also understand that the best way to pull in with profit presently would be by applying patience to hold for a longer time. If you are going to panic and sell off, it's better to stay off the market cos anything is possible in the crypto market
sr. member
Activity: 1148
Merit: 300
I think during the bear market,  it would be highly recommended to every investor in buying alts and btc because of the down  value in price.  Most of the people grab this opportunity in buying since the bear market will also slow down after the adjustment period and then bounce back during it's recovery.
Yes i agree on that this was really a big opportunity and it is really the good time to buy because we are now really dropping and if we are going to buy it today and hold we maybe gain a huge amount of profit in the near future during the price rise. But we really need a big patience on it because we don't know if it will rise ahead or continue to drop.
jr. member
Activity: 322
Merit: 1
I think during the bear market,  it would be highly recommended to every investor in buying alts and btc because of the down  value in price.  Most of the people grab this opportunity in buying since the bear market will also slow down after the adjustment period and then bounce back during it's recovery.
jr. member
Activity: 225
Merit: 1
If you analyze that bitcoin prices will go up for some time ahead then now is the right time for you to buy as much bitcoin as possible. The falling bitcoin price gives you the opportunity to have bitcoin with little capital. You can hold the bitcoin for long hours until unspecified time. I am sure that the market price will not continue to decline. There will be time for all crypto currency prices to rise. It depends on your clever in seeing the market price so as not to lose the opportunity to make the right decision. For now, keep patience!!!
member
Activity: 406
Merit: 13
If you are a hodler you keep holding and increase you asset by buying more taking advantage of the present price in other to make great gain in a short time to come from you little investment. In a time of price fall the smartest set of people make the most out of the situation.
newbie
Activity: 119
Merit: 0
I think know is the best time to buy bitcoin in the market because  the price is getting low.
full member
Activity: 868
Merit: 116
Honestly, due to the current price of Bitcoin in total decline (less than $ 6600), so this certainly the unique time to buy a big amount of this currency, and despite that this crisis lasted in a long period and until now, but it is expected that this issue in the market is temporary and maybe we will see a good development or evolution in the next period (after a few weeks). Furthermore, I saw that many people are pessimistic because of this long period of drop, and unfortunately, some of them sold their money. In fact, I am pretty sure that Bitcoin will rise with a  good value  after some period .
jr. member
Activity: 152
Merit: 1
I totally agree, time is really wonderful and buy at the bottoms is the lot of great specialists and sell on the top! so that people who have not bought yet buy
jr. member
Activity: 209
Merit: 1
Actually it's the best time to buy bitcoin because for couple of few months now, bitcoin price has drop drastically and it have remain like that for a while. It's the best time for real investors to invest in buying bitcoin.   
full member
Activity: 504
Merit: 100
For me its the best time to buy bitcoin in low price and wait until the price boom.and as of now i have small amount of bitcoin and i still HODL i will wait when the price rise again.i dont want to sell it and cut my losses.i still want to hold and wait until its recover.
member
Activity: 251
Merit: 10
Here it becomes a bet I bet on bitcoin I do not think it falls more everyone is in the expectation seeing the graphs doing analysis I do not blame them for being scared has been hard so far this year but in the end we will have our reward you have to be Patient at this time is the most cross I think that in a few hours the market starts to recover as new investors are going to enter the end of June will make a victory for the bitcoin you have to buy and it falls more buy more
jr. member
Activity: 112
Merit: 5
I actually preffer shorting bear markets like these. Hoping for a trend reversal is risky business. Buying the dip is also called "catching a falling knife" for a reason, so be careful!
jr. member
Activity: 354
Merit: 1
making a purchase at a moment like now is a very appropriate step because I think at the beginning of the year the price will start high. this will provide many benefits, but you must be confident in making this decision.
hero member
Activity: 2184
Merit: 531
It is surely the best time to buy Bitcoin since the actual price is the lowest since long months. It may drop down even more, but even with this rate, I think buying is recommended if you are going to hold your BTC for several months or years, because the price will increase in long-term and you can multiply your profits this way.

I agree, although buying during bear market isn't always the best move. You always have to do some research and check if the coin isn't failing somehow. If Bitcoin did not have a growing user base and increasing adoption and was facing some technical problems, being afraid and selling would be explainable. If people are selling only because they see others sel;l it's the best moment to go against the market.
legendary
Activity: 1386
Merit: 1001
It is surely the best time to buy Bitcoin since the actual price is the lowest since long months. It may drop down even more, but even with this rate, I think buying is recommended if you are going to hold your BTC for several months or years, because the price will increase in long-term and you can multiply your profits this way.
sr. member
Activity: 1274
Merit: 259
By 2 PM (EST) on June 11, 2018, Bitcoin had dropped almost $1,000 from its price, trading at $6,700. BTC is now trading at its lowest value since the middle of March 2018. One of the most significant questions remains what to do next – join the selloff brigade, hodl, or buy more Bitcoins?

Details:
https://cryptomonster.net/news/bitcoin-price-drop-is-this-the-best-time-to-buy-bitcoinist/index.html

current conditions as you describe, exactly!
but if it has bitcoin with current price value, it is not wrong. the possibility of bitcoin going up after you buy is also great. but at least you also think about the risk if bitcoin value drops. Good luck to all of us  Wink
newbie
Activity: 27
Merit: 0
I do not think bitcoin will drop further than this,relatively has a lot of resistance around 6 to 6.5k$ Eventually they market will get better and those who bought at good price will be happier for it.
full member
Activity: 179
Merit: 100
This is probably the best and the right time to harvest bitcoins. At the dip, we bought. That's the rule in cryptocurrencies. It's all good while on the dip, it's where we get discounts.
newbie
Activity: 294
Merit: 0

In my opinion, it's the right time, now you have to buy and wait for reasonable prices, but taking into account the risks, you do not need to use all the savings.
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