Topic: Buy more Bitcoin (Read 731 times)

Sometimes in bullish races they do it on purpose to hunt down some of the stops, normally when they enter positions they tend to go down precipitously, sometimes it is better to wait for a small correction to take a position, at least that is what I have learned in my short experience.

Buying in a bull run is risky mate, i believe in bitcoin but it is really risky if we buy it on a very high price,  i think we need to wait until such time that the price will fall down and buy some more bitcoin and hold it for good. Because we all know that cypto is always high on volatility and anytime price may increase and decrease so we need to still be more careful even i we are still in a bull run stage  we need to control our emotion to avoid some posible loss.

institutions always buy bitcoin when the price is corrected, like grayscale and institutional coinbase also buy it,
this really triggers a strong bull trend, a famous person like Elon musk also really likes crypto,
Because he will make crypto fly to Mars! 2021 is a golden year for cryptocurrencies, don't waste it. BUY more and more mate!

Different people have it's own position, some may take the long ride while others are opportunist and take it in the short term position,

whatever you take if there's profits then it's good even it's just small, profits still profits, growing your investment is very important

be aware that risk is there and learn how to anticipate.

People need to be smart but they also need to be aware of their own capabilities, many think they can become the next big trader and they are just deceiving themselves, the best strategy for those that cannot trade or are unwilling to put the effort necessary to reach their goal is to become long term investors and buy bitcoin whenever they can, and if they happen to see an important dip then they need to buy all the bitcoin that they can while it is at such a low price so they can get the best possible profits in the future.

Basically it is all about support and resistance levels; which means if it drops to 30k thats acceptable because the price is still above the support level and we do not have to worry about crashing, because 30k is still far away from the crash prices. However if it goes down under 27k that means the price could very well drop and that is why people are scared of even bigger drops, they just do not know what we can do if the price drops under the support since it would mean the price could fall down even more than you would expect.

We are not going to see the price go under 27k that easily, but if it does that it means seeing 20k is not that far off, at 30k we know that support is at 27k+ so the price can be at most 27k+ and that is fine drop for us since it is not too much, only a 10% drop and that is fine, but if it goes down under 27k that means we could drop around 50% as well and that is why it is scarier.

Same thing that is going on with the stock market craze is actually here as well. The problem is not that people are panic selling or people are believing the FUD, it is all about the short sellers trying to drop the price so that they could profit. Unfortunately sometimes they get what they want, price drops as little as they can and that makes them a lot of profit and after they got their profit they let it be and when they do not create chaos and just let it be whatever it wants, price goes back up obviously because everyone else wants bitcoin to go up.

This means we are talking about a situation where bitcoin will be going up if there was no people trying to force it down. This is why I still believe the upside will be great, we are going to see 40k+ again, all we need is to win the fight against the shorters of the market not leaving us alone.

I'm happy that big companies like BlackRock is investing into Bitcoin too but it seems like it doesn't have any effect in the price of Bitcoin since it has been posted on twitter.

You wondering? No idea though but just wait for Bitcoin to reach this price because I'm pretty sure that it will happen. Just be patient and wait for it to happen. Maybe if Paypal will allow their users to buy, sell and transfer crypto in their platform then that can be a catalyst towards the price of Bitcoin going into $50,000. We don't know but this price will be touched soon .

When we talk about the convenient moment of buying bitcoin, we should not forget such a factor as the availability of free money. You must agree that at the moment when the price reaches a convenient 30 thousand, not everyone will be able to buy bitcoin, since not everyone will have the money for this. Therefore, all these strategies are actually individual and some actions that are illogical from the outside are quite understandable when we know the circumstances in which the investor makes a decision.

I don't understand it. You say that $30k is acceptable then when it dropped more, it will high for them? no need for any reference. As long as it goes down to the price of $30k, they take it whether it will stay, pump or drop more.
People who took some on $30k, they're already in profit as bitcoin surged to $38k, if they've sold at that price but still it's calmed down to $34k.

It is not really depending on what bitcoin is doing, it is about what you want it to do. If bitcoin goes down right now, you could still profit later when it goes back up, everybody who has been in crypto can guarantee you that it will be 40k+ one day again, maybe in a week, maybe a month, maybe a year, or maybe few years but it will 100% be back over 40k for sure there is no doubt about that, so buying bitcoin right now is a good choice if you can wait until it does that.

However if you are not capable of waiting, if you are thinking about taking out a loan to get bitcoin or if you are thinking about putting the money you need into bitcoin that sort of stuff, basically if you have a reason to sell quickly that means you may not be capable of buying right now and that is understandable. Long story short how you want to invest matters more than when you want to invest.

Just calm down and don't expect too much while bitcoin price is in the middle of corrections. We need to be specific on the latest price outbreak and still we're at the bottom phase of $30k to $40k, which isn't easy to fulfill right now. More often FUDS is currently trying to break the great situation, but still bitcoin stayed strong and unbreakable this year. Positive news remains resilient and let's stay straight forward in order that we can ignore every chances of possible negativity.

Don't be a FOMO when good news arrives about Bitcoin, still when buying Bitcoin we must always be careful. Do the analysis correctly, so we can
determine the right time when to buy Bitcoin. If we look at the price of Bitcoin today which is slowly rising, it is possible that the Bitcoin price will
continue to rise. So if there are plans to buy Bitcoin now it's actually a little late, because in my opinion the best time to buy Bitcoin when
the price of Bitcoin is $ 30k. But if you do buy Bitcoin for the long term, very good buy at current prices. Because in the next 5 years Bitcoin will
potentially go up to a price of $ 300k in my opinion.

The bottom is truly undefined the only thing we need to do right now is to buy when we see some good position to enter and sell when we are seeing a opportunity to take the profit in quick scheme, but if you are aiming to hold for long term well maybe people well get a hard time to locate their best position since market is so unpredictable and we don't know if the time we buy is good since market may possibly dump or not.

when will the bottom happen in bitcoin again? Isn't the current price already at the bottom? I admit buying bitcoin at the present price is too risky, but we will see a pump in bitcoin again after the breakout at $ 35k. yes even though it looks quite difficult, whales will have their own strategy and pump easily, buy more before it's too late.

I think now it has become a reasonable price and indeed bitcoin is still undergoing correction but I believe it will recover faster if only waiting for more basics then I think this is difficult, so panic is what makes it difficult for us to buy at a fair price they will not calm down even though we are aware what to do we are already at the top so think this is already buying more.
Remember, don't panic too much with any news, we take a positive session, see lots of fast movements today.

I think the quote below will be a clear reason why bitcoin price is not affected by the news about blackrock so that bitcoin doesn't reach $ 50K. There is no guarantee that their statement will materialize in the future or not. But if that happen, then I think they will explore bitcoin derivative or other asset as their investment scheme.



Referency: https://cointelegraph.com/news/blackrock-s-new-sec-filings-list-bitcoin-derivatives-as-possible-investment

Buy more Bitcoin at a reasonable price and since we are in the past days, I think you have to wait for the bottom again before you buy big time, just do cost averaging for now and when the time comes, you buy in bulk. Anyway, Bitcoin will always recover despite of many corrections, so stop panicking.

I think this is just a breather.

The price will eventually go up, we just need time. The price rose so quickly to $40K and I don't think that it will just go straight to $50K knowing that there are a lot of people that took advantage of the price to sell some of their holdings. If the price go lower, I think more and more people will go in making the price reach at more than $60K.

same question has in mind here , or maybe this is how Whales and manipulators proving how stronger they are ?

we have already touched the 42 and almost 43,000$ but drops down and now staying on this level , what seems to be the problem now.
How many times that Bitcoin dell from this level just this month ? the first is under 28,00 and now 29,000 but the good thing is always coming back at the 30,000 level and this stable position is what we need as assurance .

No, it is. But we already saw the bitcoin price drops to $29k, so we need to be careful to analyze because bitcoin price can go to any lower price. It will be a good time to buy bitcoin at the lowest price and hold it, but unfortunately, we can not always buy at that price because we do not know when the price will go to that lowest price.

Buying on $30k will be acceptable, but if the price is down for more, $30k will be a high price for them to buy, and they can buy back bitcoin again if they want. Otherwise, they can only wait for a while and hope the price will bounce up more than $30k. But for me, it will be better if we can buy back bitcoin at any lowest price, so we will have a chance to make a profit when the price can increase back.

If that person has skills in trading, he can use this moment to buy low and sell high, giving him more profit. For people who are buying bitcoin at $29k yesterday, they make a nice profit nice. We need to learn more lessons in trading so that we can analyze better on the price. That will help us find the best time to trade, especially if we want to make a scalping trade. Buy more bitcoin will be recommended, especially if you have more free money that will be ready to buy bitcoin. But if you do not have more money, you can only wait until the price can increase. We will have different goals that we want to make it, and that will be up to you on how you will react based on the market move.

And that means to say that both are strong. 
Isn't it that last time when it dipped, we came to $29k? That was in January 22  & 28. Those were the days that it had showed the support which is $29k and it didn't went lower than that, cmiiw.
Okay, I'm waiting for your word to come true. It's favorable to everybody if it becomes $50k by Feb.

Its is playing between +-30k price and with some small movements of decrease and increasing price which you can eventually make out some scalping if you do like.

It doesnt need for you to rely into those fundamentals or sentiments when you are a trader that do engage with price actively but if you are some sort of trend or swing ones then
you would really need up these kind of things.

Buy more bitcoin? This is basing or very situational because not all would really be having the same target or goal in mind.

Bullish and bearish are very strong, the determination of whether Bitcoin will continue bullish is on the weekly candle,
many analysts predict that bitcoin will be at $ 27k, because $ 27k is the trendline support area so that it can continue its uptrend,
but if bitcoin still holds above 30k in This week, I believe the bulls to $ 40k - $ 50k could happen in February., mark my word!

Buy now then, $30k.

$30k is already an acceptable price for the people waiting for it to go down. It might crash a little bit more but if it does maintain to $30k which what's being done for the past week, it's the support. They can wait if they want to and wish for it to get lower but that seems to be the stable price that it can show.

It's interesting to see even mutual funds entering the cryptospace. The best thing is that now we might have proper analyst reports on bitcoin from some top bankers like JP Morgan or CS regarding the performance and price targets of Bitcoins. Because these mutual funds generally make their trades based on these reports only. I think crypto space is now getting a pretty formalised structure. I am just curious how much money has been invested in total by these institutions. Is there any official number?

Bitcoin's price drop isn't too drastic and likely won't exceed 25K, so you'll need to be a little patient waiting for the right time to buy it.
although currently the price of bitcoin tends to fall slowly but there is still a slight increase then it goes back down, so you have to buy bitcoin at the lowest price below 30k and hold it.

Bitcoin under $29k last few minutes best way if you wanna re investing with bitcoin during have lower price, you lucky getting tonight with bitcoin price down because give us bigger chance to buy bitcoin, I have try to put with open position for long with bitcoin, I hope tomorrow will give me PNL and get much profit from LONG position on the future, still you only watching when seeing bitcoin have under $29k?

With the market situation now, you can prepare to buy back bitcoin because it is currently down. I think you can have a chance to buy back bitcoin at below $30k because the price drops deeper now. But you should analyze more to get the time to buy, and do not forget to set some order buy at many level prices. But there will be no guarantee that the price will still go down because the price can back increase after it reaches the lowest price. I am worried that the bitcoin price will drop too deep this time, but I hope that will not happen.

Not a hundred percent sure on this though because positive feedback was not enough I think. I think it still depends on the whales and large institutions if they are going to push it. Well, I'd say small investors could matter as well but not as big as investors can impact the market. Anyway, it is indeed the right time to buy Bitcoin since we currently on $30k right now besides, I don't think whales are gonna dump right now. This correction will take a while but it will bounce back, I believe.

That's kinda automatic, If an influential individual or institution gives out positive sentiments towards Bitcoin, it's either they supports the technology or most likely they are heavily invested. Those who says negative sentiments most probably isn't invested or Anti Bitcoin, or It could also mean they're looking to buy at a lower price by creating FUD.


Correction, Consolidation, and then another run might trigger a $50,000 Btc price. Just be patient, there's still a lot of good and bullish predictions in cryptospace today.

Of course, it is good to hear news that large institutions have joined the bitcoin world on a daily basis, we still hear daily about the entry of large companies into the bitcoin market, and this is certainly an increasing global recognition of the power and importance of Bitcoin and that it will be the currency of the future.
But on the other hand, there is a fear of turning into something of centralization through the control of these large companies over large quantities of Bitcoin and thus the ability to control and manipulate the Bitcoin market.

So the price Should be increasing instead of decreasing so why did it drop to $31,000 USD from a $34,000 USD, well this market news would surely make many people buy Bitcoin now after hearing something like this so they can ride the wave as well, but there are people that may sell their Bitcoin, instead and take a great amount of profit,

But for me buying bitcoin every time I have extra money because we may never know when the price will hit a spike again.

good advice from you...
Bitcoin is predicted to rise higher than now because so far the news circulating is very positive. if someone says buying Bitcoin at the current price is too late then he will continue to say that even when Bitcoin touches $ 100k.

The downtrend now makes a good opportunity for people who want to buy bitcoin, even if they are new in bitcoin. If people or institutions have large money, they can buy bitcoin at any price, but I am sure they will wait for the right time to buy bitcoin. They will use the analyst to analyze the market and find the time to buy, so they do not enter the wrong time to buy bitcoin. I am sure they will try to learn more about bitcoin because they will not invest in something they do not know.

The good news regarding Bitcoin is starting to emerge now, so it's only a matter of time for Bitcoin to hit $ 50k. Now Bitcoin is still at $ 32k to
provide an opportunity for those who want to buy more Bitcoin. I believe the Bitcoin price will pump in the near future and it won't drop below
$ 30k again. Therefore, I am optimistic that Bitcoin holding can provide a large enough profit, so there is no need to panic seeing the Bitcoin
price which has not yet made it past the $ 35k price.

As much as I could I am going to buy more it has been my plan for this year and I would hold them as long as I could.
I believe that Bitcoin could grow continuesly and it would be very expensive in the future since it only have a limited supply.

As some have mentioned, if they announce that likely means they already invested. So you would see big market moves prior to their announcement. It would likely continue to rise on the news as well because they would add some feeling of legitimacy to crypto investments. Let's just wait and see.

Normally good foundation is future, buying more Bitcoin is
a kind of a future investments and is like a life time investments, and it's very obvious that holding a cryptocurrencies long time is the shortest process to make profits via cryptocurrencies and I don't really think anyone can dispute the fact that purchasing cryptocurrencies especially Bitcoin for features purposes is not a welcomed development into crypto industry, ok, using the value of Bitcoin in 2012 and 2018 is not the same, so base on long time holding is what makes the user who purchased in 2012 make huge profit in 2018, it's encouraging to buy and hold within some years .

Interesting news. BlackRock is a substantially powerful organisation known worldwide, nearly 1000 investment funds under its control, nearly 70 offices in 30 countries and an impressive number of clients in mire than 100 countries throughout the world. The fact that they paid a lot of attention to Bitcoin is a good signal in my ooinion. Will it have such a perfect result as their well-known name on the Bitcoin's price we will see in the nearest future))

While this is all good news, I believe that you should not read too much into big companies and not risk the house on a bull run. Most of these companies are basically fund management companies that allott portfolios of their investors for good returns. They don't care if those returns come from stocks, bitcoin, some third world country's fund or treasury bonds. All they care about is returns.

They also don't care about Bitcoin, if you ask me. These are not value investors who will do everything possible to understand and nurture an ecosystem for long term returns. There are few of those entrants till now. The real bull-run will come when major tech investors or banks start seeing the value and start investing. This right now is just 2018 on recap.

That it looks like that there is no ending bullish trend this year because big companies are seeing much potential in crypto and they are coming from time to time. I thought I was seeing bad news but this seems more interesting to see. From this, I'll be expecting another known name will announce their integration to crypto (particularly for Bitcoin). 

Maybe we encourage people to hold their Bitcoin for a while as the price will rise back shortly. Or, maybe we have to buy more before it starts kicking.

I'll just wait for the correction before entering. Still remembering the 2018 vibes that caused bloodshed on the streets.

Analysts from UBS stated that for Bitcoin to become a real currency, two obstacles must be resolved. First, its price must reach close to $213,000. Second, its network capabilities need to be greatly improved.

Never be late to buy bitcoin, the only question is how much money you could pay for it and not influence your daily life

It is always the right time to buy stocks. If the world appears to be ending, it is the right time; if stocks seem to be in a bubble, it is the right time to buy stocks. If the market is mind-numbingly dull, it is still the right time to buy stocks.

That's really a lot of money, I really do think Bitcoin is now being distinguished by big investors and companies your advice about buying Bitcoin is right, we should have Bitcoins as much as possible now it's just a matter of time before the price goes up again.

Sounds like a whisper of the devil, but you're right that this is a good opportunity to buy more because in the next few weeks, bitcoin might fly.

Hoping that bitcoin can reach $50k before summer so that our sacrifice and dealing with risks will become worth it and profitable for us.

But still we need to be mindful and wise about the decision and actions that we are going to do in the near future.

Many people are excited but at the same time cautious in buying Bitcoins, but I do agree that this is the right time to buy Bitcoins right now as the correction already ended and it will be a few more years maybe before we can see good highs up to $50,000 to $60,000. I think there are many people convinced right now to buy but are also worried that the price might still go down so they still at this waiting game until they are sure to invest.

Bitcoin is indeed a good investment project, but I think we should pay attention to current affairs and be optimistic about the timing

More institutional investors attention means more growth for Bitcoin which of course will result to more people focusing on Bitcoin and the crypto space. The most important is that, the more all these organisations invests and/or pays attention on Bitcoin, it continue creating and improving on that impression that Bitcoin is the coin best and the coin of the future. This is really a very wonderful news, and those who are still in doubt of Bitcoin or those who doesn't have any regards for Bitcoin will continue being dumbfounded because everything is going more faster than they can comprehend. Lastly, it is good to own some Bitcoin because all these Institutional investors means there is a brighter future ahead for the crypto space.

At least BlackRock's move can be used as a strong signal about how bullish big companies are about Bitcoin. This also reflects BlackRock's success in convincing their investors that Bitcoin deserves to be maximized to get a good profit

Buy more bitcoins at the right time

Don't be too impatient waiting for bitcoin reaching $50,000. The surge that it had given to us from the end of 2020 up to the first weeks of this month, those were already good sign that we're in the bull run.

How many is that a lot to you? you're doing it correctly while others still think that it's expensive or it's doubtful to buy.

So many big firms decide to join the cryptocurrency world since bitcoin has a great performance recently. They have to admit that bitcoin is one of the most wonderful design of human to make the world better. This will attract more companies to take a look at the cryptocurrency and invest some of their money for this insane race

I guess sharks and big institutions still accumulate bitcoin and $31000 is a reasonable price for them to make the market as stable. What are you guys waiting for ?

The price hike will happen anytime soon. I think a lot of people are still panic selling so the market will take some time to stabilize and then show improvement.

I don't have much fiat but I hold a considerable amount to profit big time when this thing happens. The prices will go up like the thief of the night, many would be expecting that it is a slow growth but they will be proven wrong when the time comes. Haven't heard of this company but it seems that they are a big investment manager which means that they might be a temporary investor albeit a big one but who knows, investment companies tend to not let go of their clients even though the clients wants to pull out.

Because Bitcoin futures aren't Bitcoins.I mean duh.
Buying BTC futures is just betting money on the future BTC price,without buying actual Bitcoins.
BlackRock is a massive institutional investor,probably the biggest in the world,so this news is great(unless it's fake news).
Unfortunately BlackRock isn't as popular as PayPal and most of the financially ignorant newbies don't know anything about this company,but I hope that BlackRock will take the lead over the bullish Bitcoin market and buy real Bitcoins in the near future.

It will in due time. It is just a matter of time before we will see that in reality. For sure a lot of investors who are waiting for the perfect entry price are now starting to gather as many Bitcoins as they can have. This is the moment a lot are waiting for.

I guess this correction will be followed by a more aggressive price rally that will finally shatter $50,000. It may happen well within the first half of this year.

Not to mention that another batch of stimulus is coming. A nice portion of that will probably be going into Bitcoin.

From what I notice I think Bitcoin is currently at dip and I think this is the right time to Buy more bitcoin before the price pump again I will advise everyone to buy as much as possible, Bitcoin can also change your life this year.

for the $ 50k bitcoin price issue it still seems possible, but it requires the support of many parties and also takes the right time, the drastic increase in bitcoin seems to have taken months or years to be realized. so if only relying on large investors will not be able to make bitcoin prices exceed the limit, there must be support from the public and good market movement

With bitcoin price has fallen a bit now and available at 32k price so it is a good time to invest some of them before again it can take off and cross 40k . Time to buy some at this price and will keep some just in case if its falls further so will accumulate form that price too.

I agree with you, because the price of Bitcoin will definitely make a correction after the price had risen very high (making a new ATH price) and after a correction occurs, then the price of Bitcoin will start to rise very high again (bull run), so this is our opportunity to buy more Bitcoin to be used as an investment and wait until the price increases very high again, because I believe the price of Bitcoin will definitely continue to increase and give us a big profit (Bitcoin is gaining popularity and many people have started to investing in Bitcoin, so that makes me believe if the price of Bitcoin will definitely increase very high in the future).

With the down of bitcoin price, I think that can attract more people, especially big investors, to invest in bitcoin because it is the right time to buy bitcoin while the price is down.
But on the other side, some people are panic to sell their bitcoin because the price is down too deep.
But if they can think more instead of panic, they will see that it is not good if they sell fast their bitcoin because the price will increase higher after this moment.
With that news, I think more instances will see and read that news, and they will start to buy bitcoin.

This is really good news for those who love Bitcoin and have invested in Bitcoin.If everyone waits patiently and invests in Bitcoin,then something good can be expected.Because,we all know that the future of Bitcoin is very good.

They never said that they are going to invest in bitcoin, they will be investing in the futures market, with huge players entering the futures market where they do not even hold the coins but the main thing you will see is that they could manipulate the market easily and i wont be surprised even if we will see major corrections every other week when these kind of big players enter the market.

Ok, there seems to be a lot of speculation here about the dips and reises of Bitcoin, but it's interesting to see such major players getting into crypto and how that will affect crypto in general. Let's look at this broader, this might be a great step forward in the long run, right? I mean, could this not attract more funds to crypto, or is it still too volatile for others to participate? And a follow-up question since I am more or less new to this kind of news, has something like this happened before when we had such reises in Bitcoin prices? Because if it's the first then this could be a good presedan.

Please be patient because bitcoin will touch that price soon. Meanwhile, we can enjoy what happens to bitcoin now, and maybe you can buy more bitcoin before the price increase. Once the price increase, you will be too late to buy bitcoin at the current price now and you will regret why you do not buy bitcoin while the price is at a low price.

This is great news, that is a really huge amount of money that he is going to use to invest in bitcoin, it will surely pump the price of bitcoin. This is really a great opportunity to buy right now, we are now seeing a little deep of bitcoin but it is still risky to buy, maybe we should wait for some other time until it goes down to what we have settled for the value but the sure things we may have here is buying bitcoin now will benefit us in the future. It will surely go up once BlackRock uses all those money for bitcoin.

BlackRock is stepping now in Crypto is really good move and I hope this news will definitely boost the price of BTC right now it has dropped again badly, In my opinion BTC is giving opportunity to fill our bags and guys make use of this drop.

These type of news are the key factor for price pump and I believe the price will go up from now so do not hurry and panic sell, have patience and plan accordingly.

Very precise advice and I think this is an opportunity for those who haven't received a surprise last year to also be able to enjoy immediately to buy and hold on to it.
it does feel heavy when you see the price which is clearly quite high, but you can buy the smallest amount you can get or exchange your altcoins into bitcoins with the nominal amount you can if it's heavy for 1 bitcoin at the same time.

Good opportunity to buy the dip right now if you have any spare fiat lying around. It won’t go much lower before we begin the next leg up so buy what you can now.

That's one of the major news today and I think the price will rise again these coming days. you guys better prepare for the good to come. If we have some news like this, it is better to save some money for the right time to invest because the moment the price will rise after this news, I doubt we will see the price this low again. Even the news about the other Altcoin will be a great impact if there will be some people like this that will announce their support to the public.

Yes you're right. Bitcoin just hit $32k. I think this will be the last correction before we go $50

As far as I know, futures have a very low volume. This might be reason.

I was also impressed by this news. Black Rock is  a multi trillionaire fund management company. This is the first step towards a whole new level of institutional adoption of bitcoin.

Blackrock funds are very respectable world wide, and a lot of institutions buy their funds.

BlackRock, the world's largest asset manager with $7.81 trillion under management, seem to have given two of its fund the ability to invest in bitcoin futures.



Still wondering why bitcoin hasn't touched $50k???