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Topic: Bitcoin still a buy despite recent losses - page 4. (Read 626 times)

newbie
Activity: 114
Merit: 0
Its easy to get discourage with the current prices for bitcoins and altcoins. Its not one that will make one happe as prices are falling. But at the same time for any one who wishes to invest, this is a good time to do that cos the prices will still rie over time. So no hopes should be lost
full member
Activity: 392
Merit: 100
platform for everyday business
according to the news at CNBC here is why:
the coin has seen better days. After surging last December to around $19,500, bitcoin has declined more than 50 percent since the start of the year. On Thursday, amid increased regulatory scrutiny in the cryptocurrency space, the coin fell yet again — this time below $8,000, where bitcoin had hovered for several weeks. Late Friday, bitcoin changed hands around $7,400.

Regardless, Bogart(a partner at blockchain capital) said it's still a buy. In fact, he said it's the only coin traders should be buying as the coin becomes more mainstream.

Many of the other forms of cryptocurrency, Bogart said, are "over-promising and under-delivering. Meanwhile you have a few that are kind of excelling at their use cases. Bitcoin being one of them." Bogart recommended selling coins like Cardano, TRON, IOTA and NEO.

"A lot of those tokens are overvalued," Bogart said. "They could be go up significantly, but they also have significant headwind." Alternatives like ethereum, ripple, bitcoin cash and EOS, however, he described as "neutral" — and he told investors to hold for now.

what are your insights why does bitcoin still a buy in spite of all the losses?

despite of all losses bitcoin still a buy  in the market because,in terms of price  value  and popularazation bitcoin is still the best and rank no 1 coin in crypto market  otherwise even due bitcoin value is still going down,the others coins also affected and all will turn to red zone and i thinks that they carried away  because of loosening of bitcoin price , therefore i conclude  that bitcoin is mainstream of all coins in the cryptocurrency because if its dump all carried over and if its pump all crypto coins  will become profitable.
full member
Activity: 392
Merit: 103
www.daxico.com
according to the news at CNBC here is why:
the coin has seen better days. After surging last December to around $19,500, bitcoin has declined more than 50 percent since the start of the year. On Thursday, amid increased regulatory scrutiny in the cryptocurrency space, the coin fell yet again — this time below $8,000, where bitcoin had hovered for several weeks. Late Friday, bitcoin changed hands around $7,400.

Regardless, Bogart(a partner at blockchain capital) said it's still a buy. In fact, he said it's the only coin traders should be buying as the coin becomes more mainstream.

Many of the other forms of cryptocurrency, Bogart said, are "over-promising and under-delivering. Meanwhile you have a few that are kind of excelling at their use cases. Bitcoin being one of them." Bogart recommended selling coins like Cardano, TRON, IOTA and NEO.

"A lot of those tokens are overvalued," Bogart said. "They could be go up significantly, but they also have significant headwind." Alternatives like ethereum, ripple, bitcoin cash and EOS, however, he described as "neutral" — and he told investors to hold for now.

what are your insights why does bitcoin still a buy in spite of all the losses?
Well it's perdonal opinion and we respect it. but if you are a bitcoin believer like me current price is a good entry price if bitcoin surge to almost 20k$ last december there is no reason why it can't surpass it now considering more and more people are getting interest to invest in bitcoin.
newbie
Activity: 154
Merit: 0
This is obvious. Bitcoin has never lost its popularity despite of the price falls. It is certainly the best crypto and people will certainly grab the chance of buying it as the price is lower now.
member
Activity: 574
Merit: 10
He said so because it is profitable for him to sell Bitcoin. Anyone who bought bitcoin will advise another person to also buy Bitcoin. Psychology.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
Yep! Still a buy. Use the recent setbacks to our advantage. Think of it as a blessing in disguise. It gave us more time to raise more funds to buy more bitcoins before the start of the next bull run.
Indeed, we should still buy instead of panic selling so we can contribute and help bitcoin to rise again despite of the losses. My prediction is that bitcoin will be stable around 7 - 8 k , it will not go down any further because of the support, it is a chance to buy in low price, because it's predicted that bitcoin will bounce back reach the $19 k again.
full member
Activity: 336
Merit: 112
Bitcoin prices have remained stagnant between $7,000 and $8,000 for the last week, not recovering from price highs of $19,500 in mid-December. The almost 50-percent drop in value has some market experts worried that the bitcoin bubble may have burst for good.  But the falling prices were incredibly healthy for the ecosystem. Weak holder shake out for not analyzing that they can still get back their recent loss, They shouldn't panic when coin drops 50 percent.. Understand the volatile nature of digital currency. These things can move 20 percent to 30 percent in a day. Perhaps this is the best time signal to buy more bitcoin.
sr. member
Activity: 546
Merit: 261
Bitcoin is still the most used and popular among people on the internet.We know that even if bitcoin going down,it will rise again,we just have to wait and buy when we got more money.Patience is the key to success,so don't lose hope and wait till you can grab your profit.
jr. member
Activity: 140
Merit: 2
REMIIT.IO
Yep! Still a buy. Use the recent setbacks to our advantage. Think of it as a blessing in disguise. It gave us more time to raise more funds to buy more bitcoins before the start of the next bull run.
newbie
Activity: 252
Merit: 0
Bitcoin still a buy despite recent losses
yes, it is high time for bay the bitcoin because now bitcoin price is very down.but i think it is not for long time.last year bitcoin price is $19k,so i believe that again bitcoin price is up.so i think everybody have to bay bitcoin and deposit exchanger site and you can low prices altcoin.when price is high then sell and get a good profit. 
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I think the strongest motivation for most people to buy bitcoins are that it dropped in value with more than 50%. If it dropped in value and people bought at the low end, then they will make 50% profit, if it goes back to the ATH. We always tell people to "Buy low & Sell high", so I reckon we should stay with that strategy.

Bitcoin adoption is growing slowly day by day and more merchants are accepting Bitcoin than any other Crypto currency out there, so this alone should be the motivation to buy back in at the low end. ^smile^
full member
Activity: 420
Merit: 100
I personally think I'll buy bitcoin when the price goes down like this is the right time to buy after the price rises should you be able to sell it again, so take advantage of the existing situation to make a profit.
newbie
Activity: 238
Merit: 0
Is always a good buy , and I'm very sure that many countries is still going to legalise bitcoin in their respective countries which will cause more demand of bitcoin .
newbie
Activity: 69
Merit: 0
according to the news at CNBC here is why:
the coin has seen better days. After surging last December to around $19,500, bitcoin has declined more than 50 percent since the start of the year. On Thursday, amid increased regulatory scrutiny in the cryptocurrency space, the coin fell yet again — this time below $8,000, where bitcoin had hovered for several weeks. Late Friday, bitcoin changed hands around $7,400.

Regardless, Bogart(a partner at blockchain capital) said it's still a buy. In fact, he said it's the only coin traders should be buying as the coin becomes more mainstream.

Many of the other forms of cryptocurrency, Bogart said, are "over-promising and under-delivering. Meanwhile you have a few that are kind of excelling at their use cases. Bitcoin being one of them." Bogart recommended selling coins like Cardano, TRON, IOTA and NEO.

"A lot of those tokens are overvalued," Bogart said. "They could be go up significantly, but they also have significant headwind." Alternatives like ethereum, ripple, bitcoin cash and EOS, however, he described as "neutral" — and he told investors to hold for now.

what are your insights why does bitcoin still a buy in spite of all the losses?
there is still hope of bitcoin reaching $ 8400, so with a price below $ 7000 it would be a great time to buy.
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
Many people still buy bitcoin especially in the recent decrease because this is actually a good opportunity to invest due to the low price and it can benefit until it increases again in the future this is why many people are still investing. Good investors see all opportunity as a positive investment and if you are really eager you can earn a lot from it.  Wink
jr. member
Activity: 175
Merit: 1
Yes, it is always demanding to the investor. Actually the best time that a smart investors wanted to buy is if in the downfall season which can they buy much more of it because they can buy it in much lower value so in the near future it's much be benefited to them. In sometimes be in loss is a part of investment but not in all times. It is good to have a better strategy so our investment will be successful.
copper member
Activity: 322
Merit: 0
It is because investors still believes that bitcoin will reach again its peaked price last year december which is $19500. It is just the best time to buy bitcoin while it is still low because people or investors wants to earn and have profits before the end of the year. They think that it will pump again before the end of 2018.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
according to the news at CNBC here is why:
the coin has seen better days. After surging last December to around $19,500, bitcoin has declined more than 50 percent since the start of the year. On Thursday, amid increased regulatory scrutiny in the cryptocurrency space, the coin fell yet again — this time below $8,000, where bitcoin had hovered for several weeks. Late Friday, bitcoin changed hands around $7,400.

Regardless, Bogart(a partner at blockchain capital) said it's still a buy. In fact, he said it's the only coin traders should be buying as the coin becomes more mainstream.

Many of the other forms of cryptocurrency, Bogart said, are "over-promising and under-delivering. Meanwhile you have a few that are kind of excelling at their use cases. Bitcoin being one of them." Bogart recommended selling coins like Cardano, TRON, IOTA and NEO.

"A lot of those tokens are overvalued," Bogart said. "They could be go up significantly, but they also have significant headwind." Alternatives like ethereum, ripple, bitcoin cash and EOS, however, he described as "neutral" — and he told investors to hold for now.

what are your insights why does bitcoin still a buy in spite of all the losses?
keep buying I think investors still have a high interest in confidence and trust in the bitcoin investment it is worthwhile
Struggle and downfall are part of long run success so bitcin is in the moment of experiencing it. Its struggle is not the thing to look up rather a motivation to stand with it. It's a good investment for the coming years so be still with it. Keep in touchit with bitcoin because sooner or later it will rise again.
sr. member
Activity: 812
Merit: 250
according to the news at CNBC here is why:
the coin has seen better days. After surging last December to around $19,500, bitcoin has declined more than 50 percent since the start of the year. On Thursday, amid increased regulatory scrutiny in the cryptocurrency space, the coin fell yet again — this time below $8,000, where bitcoin had hovered for several weeks. Late Friday, bitcoin changed hands around $7,400.

Regardless, Bogart(a partner at blockchain capital) said it's still a buy. In fact, he said it's the only coin traders should be buying as the coin becomes more mainstream.

Many of the other forms of cryptocurrency, Bogart said, are "over-promising and under-delivering. Meanwhile you have a few that are kind of excelling at their use cases. Bitcoin being one of them." Bogart recommended selling coins like Cardano, TRON, IOTA and NEO.

"A lot of those tokens are overvalued," Bogart said. "They could be go up significantly, but they also have significant headwind." Alternatives like ethereum, ripple, bitcoin cash and EOS, however, he described as "neutral" — and he told investors to hold for now.

what are your insights why does bitcoin still a buy in spite of all the losses?
keep buying I think investors still have a high interest in confidence and trust in the bitcoin investment it is worthwhile
We have to admit that bitcoin is still a good investment for a long run. As a matter of fact it is capable of bouncing back from its losses. Be confident that bitcoin is still valuable in the coming years because it's still popular to many. Its uses will grow and involvement of bitcoin to larger industries is coming soon.
jr. member
Activity: 175
Merit: 1
W12 – Blockchain protocol
I believe that bitcoin is not dead, and will not die soon. As long as they believe in it, and therefore invest, buy. Everything's going to be OK. This is my forecast for the near future.
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