Anyway, it has been proven before that COVID and Bitcoin price aren't related at all. I think this is just the way how Bitcoin works or you may blame it to the traders and whales since they were the ones that making the price moves. Correction is just a normal occurrence everytime Bitcoin continuous to pump. Plus, this is also an opportunity if you are a trader, you can buy the dip just like what OP did but I think $59k is just too much to. Imagine when Bitcoin at $15k last year and you buy that time.
Not directly related but the crypto market is affected with what is happening to the world, the good thing is that crypto were having a positive growth when stocks are down, and that is proven during the early stage of covid-19 where the world panics real hard. 
Topic: Buying the Deep (Bitcoin). (Read 469 times)
Bitcoin dipped at $53k, I guess it's a buying opportunity as eventually after this dump, it will again bounce back.
This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
The new covid variant is somehow declared only today that maybe only few traders know it by now . Once there are more issues or number of users been affected the market may experience more dump but definitely can still go back in time. However today’s new affects the market alot and those who are able to buy earlier or in day trading can gain from the situation and now that many are buying in dip they can already consider having a profit. It’s quite risky to decide whether to buy more or to wait a little longer.This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
I'm not sure if the new covid variant (I haven't heard of it), will really affect the market price. I mean we have been in the intra covid environment and this is the new norm already and it seems that people have adjusted.
I think the dip has something to do with other factors, such as FUD or just investors doesn't want to invest right now because the market is very undecided.
Of course there could be investors buying the dip, but it's not enough to push the market to at least $60K.
Anyway, it has been proven before that COVID and Bitcoin price aren't related at all. I think this is just the way how Bitcoin works or you may blame it to the traders and whales since they were the ones that making the price moves. Correction is just a normal occurrence everytime Bitcoin continuous to pump. Plus, this is also an opportunity if you are a trader, you can buy the dip just like what OP did but I think $59k is just too much to. Imagine when Bitcoin at $15k last year and you buy that time.
Bitcoin dipped at $53k, I guess it's a buying opportunity as eventually after this dump, it will again bounce back.
This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
Maybe, and I wish not. If it goes below that price we might see more panic from different small holders of Bitcoin. This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
There is always the idea of riding the dump and just try to buy it back after it finishes the dumping phase which sometimes takes longer than how it pump again.
Mostly, we see gain in short span of time and then it corrects again and I think they will try to take advantage of that if ever another dump takes place.
Just congratulation for your buying the dip though it not the actual but comparatively good. You've come a long way in buying bitcoin. The chances of Bitcoin rising up from here and expected to reach at 65k. Till today no one has faced to loss in bitcoin trading particularly those who are long time holder. I hope you will also get good profit. We have to wait for the next movement.
The next movement will be so unpredictable for now, some people might consider it as bearish but it's a huge opportunity for new comers to take another best entry. Day traders shouldn't miss this great scenario when we can still buy cheap btc compared from the last all time high.
Long term holders still keep their asset at safe haven, and one they're harvest them with amazing joy.
So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.
It's not quite long you bought the bitcoin, but since you purchased the coin, it seems that the price is depreciating instead of accelerating, because right now the price is at fifty four thousand (54k). So the best option is that don't be in a hurry to sell because if you sell now you are at negative side, just allow it to stay and enter next year because the year has already round off and another level of cryptocurrency market will soon emerg. From my perspective it's encouraging to bitcoin and keep but i dont know for others. 
Bitcoin dipped at $53k, I guess it's a buying opportunity as eventually after this dump, it will again bounce back.
This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
The new covid variant is somehow declared only today that maybe only few traders know it by now . Once there are more issues or number of users been affected the market may experience more dump but definitely can still go back in time. However today’s new affects the market alot and those who are able to buy earlier or in day trading can gain from the situation and now that many are buying in dip they can already consider having a profit. It’s quite risky to decide whether to buy more or to wait a little longer.This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
I'm not sure if the new covid variant (I haven't heard of it), will really affect the market price. I mean we have been in the intra covid environment and this is the new norm already and it seems that people have adjusted.
I think the dip has something to do with other factors, such as FUD or just investors doesn't want to invest right now because the market is very undecided.
Of course there could be investors buying the dip, but it's not enough to push the market to at least $60K.
There's no doubt that Bitcoin will rebound again. However, I wouldn't buy anything at the moment. Consider the different support levels for Bitcoin, figure out which one holds, then act accordingly. As of now everyone wants to go shopping on Black Friday.
For now, get some popcorn and enjoy the display. I have my USDT ready, if the market turns favorable, I'll get in.
I would say buying right now is not really that terrible idea neither. I am not saying this is the best optimum price you could buy, there could be other places when it falls down that you could buy, all I am saying is that buying right now is not the best but it is not the worst neither. So if anyone wants to really buy bitcoin then they could buy bitcoin and they could wait and even if it falls down a bit more (not guaranteed) you could just wait it out and eventually you will be in profit.For now, get some popcorn and enjoy the display. I have my USDT ready, if the market turns favorable, I'll get in.
Let's be honest 70k is not that far away and we all know that either in a week or in a year it will be 70k+ so buying right now is not a bad idea. I lowered the BTC part of my portfolio because I believe 10x is more possible with other coins now whereas bitcoin making 10x doesn't look that possible for the time being, it will be possible in the long run so I still have a huge part of it on bitcoin but lesser compared to past.
Bitcoin dipped at $53k, I guess it's a buying opportunity as eventually after this dump, it will again bounce back.
This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
The new covid variant is somehow declared only today that maybe only few traders know it by now . Once there are more issues or number of users been affected the market may experience more dump but definitely can still go back in time. However today’s new affects the market alot and those who are able to buy earlier or in day trading can gain from the situation and now that many are buying in dip they can already consider having a profit. It’s quite risky to decide whether to buy more or to wait a little longer. This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
Bitcoin dipped at $53k, I guess it's a buying opportunity as eventually after this dump, it will again bounce back.
This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
There's no doubt that Bitcoin will rebound again. However, I wouldn't buy anything at the moment. Consider the different support levels for Bitcoin, figure out which one holds, then act accordingly. As of now everyone wants to go shopping on Black Friday.This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
For now, get some popcorn and enjoy the display. I have my USDT ready, if the market turns favorable, I'll get in.
Bitcoin dipped at $53k, I guess it's a buying opportunity as eventually after this dump, it will again bounce back.
This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
This could be like a short dump like what we have seen in the past, so I'm taking this opportunity to realize a short-term gain.
I'm not saying I'll make a profit easily as I don't know if it would dump further, but according to my analysis, the price will not go down below $50k.
So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.
Whales are having a fun time this period as the deep get deeper with Bitcoin correcting down to $55k at the moment, it quiet clear that a massive sale is still ongoing and those buyers with big bag are filling it up waiting for the pump to come.The market situation now is unknown since many speculate about it will pump at that timeline and also there are speculation that the bear market is coming and any of that maybe the best thing we need to do is to prepare for something worse and don't let ourselves to get eaten with the hype since its really dangerous to do some bad decision while the market is not going on good sides.
Maybe we can see the real picture on what will happen on it on December.
Buying on the dip is on what we do always aim for but knowing the bottom would be always the toughest challenge for you to seek off
because it couldnt really be known.
It is called speculative market because the movements are way too unpredictable.
So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.
Whales are having a fun time this period as the deep get deeper with Bitcoin correcting down to $55k at the moment, it quiet clear that a massive sale is still ongoing and those buyers with big bag are filling it up waiting for the pump to come.The market situation now is unknown since many speculate about it will pump at that timeline and also there are speculation that the bear market is coming and any of that maybe the best thing we need to do is to prepare for something worse and don't let ourselves to get eaten with the hype since its really dangerous to do some bad decision while the market is not going on good sides.
Maybe we can see the real picture on what will happen on it on December.
So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.
Whales are having a fun time this period as the deep get deeper with Bitcoin correcting down to $55k at the moment, it quiet clear that a massive sale is still ongoing and those buyers with big bag are filling it up waiting for the pump to come.So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.
Since you wish to become a whale, then you have to add some more to finally belong to them (whales). Having 4.5BTC in your control is big enough for normal people, I believe you have the capacity to buy more. But for me, even if I have a lot of Bitcoins, I'd never tried to become a whale and manipulate that market as it never works this time. For it is no use anymore and instead of planning to have that position, it was good to live like a normal investor.
All I can say is that you need to be careful with your keys, holding huge funds is the primary target of hackers. I hope you will not be their target for now...well, congrats.
So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.
Whales are having a fun time this period as the deep get deeper with Bitcoin correcting down to $55k at the moment, it quiet clear that a massive sale is still ongoing and those buyers with big bag are filling it up waiting for the pump to come. 
Buying bitcoin is a big potential for the future I don't doubt it with a price correction now it will certainly be a recovery later, so don't doubt that bitcoin can reach ATH in the future.
Having more bitcoins is a very good thing, honestly my goal is to keep accumulating bitcoins in my wallet until it becomes more and after that I will wait years to store and then issue it, it's going to be crazy how much it will cost. bigger with greater ATH achievement, it could even be a new record again.
Bitcoin the longer you hold the greater its value later.
That is the thing about bitcoin isn't it? I mean it always reaches to a whole new level of ATH in the future and you always know that another ATH is coming around sooner or later. That is what makes me buy whenever there is a dip in the price.Having more bitcoins is a very good thing, honestly my goal is to keep accumulating bitcoins in my wallet until it becomes more and after that I will wait years to store and then issue it, it's going to be crazy how much it will cost. bigger with greater ATH achievement, it could even be a new record again.
Bitcoin the longer you hold the greater its value later.
Some people are traders and they want to buy at the bottom and sell at the peak and keep repeating that forever but I really do not care about where it is right now, as long as it is making a profit in the long run that is all I care about. Eventually people will realize that it is always going to profit in the long run as long as you hold it but it takes time for newbies to realize that fact.
If you wait a bit longer you'll get to buy bitcoins at 1/6th this price, or better!
For what reason is a giant flush out likely, why not just a simple trading down turn. BTC has massive gains and we can pullback a ton also but I want to hear the news or prediction of protocol upset that goes with anything dramatic beyond normal. BTC is very normally trading downwards, if anybody wasnt ready they werent paying attention to what it goes on often. Beyond the norm, I want reasons to accompany the prediction or its empty baseless over extended opinion.
My worst case downside is same thing I said months ago, return to the 50 week price which I find more reliable then the 200 day due to how we are split between 5 day and constant trading in markets.
It is great that you are happy to have bought bitcoin for a good price, however I would recommend to you that you never reveal the amount of bitcoin that you are holding to anyone especially to people you do not know, after all while the majority of the users in the forum are honest people there are also a lot of scammers that want nothing but to get to our coins, so now that you have revealed you have so much bitcoin you could become a target to them.
One may need better financial privacy by never disclosing ownership of the amount in public. I can confirm that people who own a lot of crypto asset including bitcoin always to be the target of scammers and scam attempt in various ways and maybe this has been thought of by others so they really practice privacy security both online and offline. 4.5 bitcoin is currently equivalent to the cost of living for several years in my country, so of course it's a bad thing to reveal to people as it would only put themselve at risk.OP, buying bitcoin when it goes dip is the best option for anyone who knows how the price will recover after that. Price correction can open up opportunities for traders to profit after the market recovers and I've seen it that way many times. If we think that the price correction sometimes reaching 10% is a bad start for bitcoin, then it should never have hit $69K some time ago.
So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.
It is great that you are happy to have bought bitcoin for a good price, however I would recommend to you that you never reveal the amount of bitcoin that you are holding to anyone especially to people you do not know, after all while the majority of the users in the forum are honest people there are also a lot of scammers that want nothing but to get to our coins, so now that you have revealed you have so much bitcoin you could become a target to them. 
But make sure that you are buying those coins who have high potentials to be more valuable in the future. Otherwise, you'll end up wasting your money because those coins never even recover from price drops.
But for OP, congrats on your newly owned bitcoins. It must have been a huge capital to start with, but it will surely pays off when bitcoin recovers and hits another ATH again. Right now, bitcoin continues to drop its price but i know after this, bitcoin will have a higher target of price for its new ATH since price corrections give strong support for its new ATH to achieve.
Buying bitcoin is a big potential for the future I don't doubt it with a price correction now it will certainly be a recovery later, so don't doubt that bitcoin can reach ATH in the future.But for OP, congrats on your newly owned bitcoins. It must have been a huge capital to start with, but it will surely pays off when bitcoin recovers and hits another ATH again. Right now, bitcoin continues to drop its price but i know after this, bitcoin will have a higher target of price for its new ATH since price corrections give strong support for its new ATH to achieve.
Having more bitcoins is a very good thing, honestly my goal is to keep accumulating bitcoins in my wallet until it becomes more and after that I will wait years to store and then issue it, it's going to be crazy how much it will cost. bigger with greater ATH achievement, it could even be a new record again.
Bitcoin the longer you hold the greater its value later.
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