Is it foolish to wait for a correction? - page 2.

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: gradient vector on March 28, 2013, 02:37:04 PM

Just wondering.

if your in for the long term yes buy now

would 2 or 4 dollars look good to you now even though 4 = 2x $2

if your in for the short term, you are likely to sell out when/if it drops anyway.

So you can answer you own question

when it gets to 100,000K a coin you will wish you purchased at least 1

S M I L Y

member

Activity: 113

Merit: 10

https://www.chynge.net/

Dollar cost average.

Split money in 1/2.

Buy 1/2 now.
Buy 1/2 after correction.

If it dosent correct then at least you are 1/2 in!

If it corrects you can load up on the cheep coins!

Chalkbot

legendary

Activity: 896

Merit: 1001

Depends on if you're waiting for an upward or downward correction. I think BTC could sustain a price of around $160 at this very moment, but it is trading for considerably less than that. Ultimately we will get there eventually, but if a sudden correction came I wouldn't be too suprised either. If you're talking about waiting for a downward "correction", then it is my opinion that's a riskier move. It could happen, but the window of opportunity to capitalize would be pretty brief in all likelyhood.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Who is the bigger fool? The fool or the fool who follows him?

yokosan

hero member

Activity: 700

Merit: 500

Quote from: gradient vector on March 28, 2013, 02:37:04 PM

Just wondering.

It is the reason rather than the decision itself that would be foolish in the event that you are wrong. So why do you think there will be a correction?

phatsphere

hero member

Activity: 763

Merit: 500

no

gradient vector

newbie

Activity: 42

Merit: 0

Just wondering.

Topic: Is it foolish to wait for a correction? - page 2. (Read 1527 times)