Is It Time To Buy Bitcoin? The answer will surprise you

SvonioneFromMangoCoinz

member

Activity: 663

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https://streamies.io/

Quote from: Kygo on August 21, 2018, 02:37:00 PM

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY

Whales use dollars to manipulate, so the main reason is whales. I still keep my thoughts. Whales are market regulators and it is making us miserable. We are in a difficult period and our income is not as high as before. It has overwhelmed us. Hope the market will be pumping soon in the future.

BitHodler

legendary

Activity: 1526

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Quote from: sinkfish on October 30, 2018, 08:50:54 AM

this is a good time to buy. after we been stabilising for the last 2 months. it may bull soon.

The louder people trying to tell you that it is a great time to buy, the lower my overall confidence in the short term market is. You have to accept that being overly bullish isn't going to help any of us.

The mass (doesn't matter in what market) is always the perfect counter indicator, and we have seen that prove itself time on time again. The only thing you can do is accumulate on the way down by dollar cost averaging.

Crypto related YouTubers have been repeating why it's such a great time to buy, and I started to notice that their audience is close to done with their overly bullish sentiment in their videos.

Tether has withdrawn around 800 million USDT in the last couple of months. Regardless of them being actually backed by an equal amount of fiat or not, money has left the market and that is NOT an indicator of growth.

sinkfish

jr. member

Activity: 252

Merit: 1

this is a good time to buy. after we been stabilising for the last 2 months. it may bull soon.

buonty563

jr. member

Activity: 189

Merit: 1

it's very good to buy bitcoin, because everyone has predicted that next year bitcoin will rise to the top, why can everyone say that, because 6 months ago bitcoin was over the wind, it's gone too badly, it's time for bitcoin to rise, let's go together -sama buy bitcoin.

aencarnaci

sr. member

Activity: 448

Merit: 281

Quote from: Kygo on August 21, 2018, 02:37:00 PM

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY

Why the clickbait title tho? Are we starting to get paid for getting our topics read or something now ?
"OIL COMPANIES HATE HIM, FIND OUT WHY" type of stuff shouldn't be here. Thinking that US dollar is not going to be reserve anymore and causing for a steep price fall that would result with bitcoin getting higher is really a good dream to have however it is not as easy as that.

You will have to consider the consequences in all of the markets and when the bear hits all of USA and indirectly all over the world (lets not forget 2008, some banks over leveraged houses in USA and Spain and Greece went bankrupt, USA is THAT strong in economics of the world) and that would probably cause bitcoin to not have that much strong increases neither.

Think about it if you want bitcoin to go up you need people to buy bitcoin and not sell, if there is a crisis would they buy more with the money they don't have or would they sell so they could have some money ?

Siren

sr. member

Activity: 826

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Quote from: Kygo on August 21, 2018, 02:37:00 PM

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY

Bear market is a result of worldwide economy losses and this is not only happening in cryptocurrency but all over the universe

In my own region the economy is really down until now and the inflation rechead almost 7% the largest for the last 30 years.if we will look into the world economic situation now,all is affected so accept what is the value of todays cryptocurrency and remember that not just a pump can give us gain,but this stable market also,theres only need for knowledge and skills together with strategy to profit

nisya

member

Activity: 318

Merit: 10

I like the video, and I agree with the video. Bitcoin still going strong even if we are in $6000-$7000. I think bitcoin is waiting for a good moment to rise back and we can wait for a while because we are sure that bitcoin will retake the higher position. Once this is over, we can see the bull market will come and it will lift bitcoin price to the higher price, and in that time, we can sell bitcoin we have to make a lot of money.

torry28

legendary

Activity: 1680

Merit: 1001

Quote from: manggis97 on October 21, 2018, 05:02:07 AM

Yes from technical analysis, Bitcoin give us strong buy signal because the price stay strong above $6000 since january. And from many aspek of fundamental , Bitcoin has very big potential to going up to more than 10 times. So best tines to buy BTC is now and hold it in a few years.

That's what people thought on last year when bitcoin rosen to $20k, they thought it would be hit $25k then $50k but what happened? Bitcoin dropped to $6k just like today. Don't too optimist it will be 10x times higher than now, even if only back to last year's price, a lot of people already happy

manggis97

member

Activity: 476

Merit: 10

Yes from technical analysis, Bitcoin give us strong buy signal because the price stay strong above $6000 since january. And from many aspek of fundamental , Bitcoin has very big potential to going up to more than 10 times. So best tines to buy BTC is now and hold it in a few years.

leonix007

sr. member

Activity: 1008

Merit: 297

Grow with community

Quote from: pandanaran on September 16, 2018, 02:21:47 AM

Quote from: Kygo on August 21, 2018, 02:37:00 PM

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY

This is new information for me, indeed in 2018 usd is very strong even in my country it is also strengthening, I don't even know if USD can make the cryptocurrency in a bad condition and I think it's because of the issue and some bad news that has caused a decline in demand in the market cryptocurrency.

Its a one way or the other

the main goal is to decline btc price

FUDs, USD reserves, government actions you know what it means

What I had in mind is that, this is a period of adoption, BTC couldn't be ignored anymore

some way of a reset, then a stronger btc coming in

pandanaran

full member

Activity: 1048

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Quote from: Kygo on August 21, 2018, 02:37:00 PM

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY

This is new information for me, indeed in 2018 usd is very strong even in my country it is also strengthening, I don't even know if USD can make the cryptocurrency in a bad condition and I think it's because of the issue and some bad news that has caused a decline in demand in the market cryptocurrency.

janggernaut

legendary

Activity: 2366

Merit: 1130

Quote from: billygarrison on September 15, 2018, 08:38:23 PM

yeah now is the right time to buy bitcoin and I think the bear market has finished, it's also big enough the impact of this bear market, don't be afraid to buy bitcoin because I think there will be unexpected surprises in the near future.

The unexpected surprise in near future is when ETF get accepted or not which we will know in the end of this month. If It get accepted, btc will be rise so high, if not, then btc will be fall a lot

Fuhre

full member

Activity: 644

Merit: 107

USD is very strong in recent years and has become an international currency and there are no special effects with the survival of Bitcoin, prices are entirely dependent on supply and demand, prices are falling very far depicting dumps everywhere between big people and big games, we will definitely return to the point of reversal if everyone starts to build trust.

Quote from: billygarrison on September 15, 2018, 08:38:23 PM

yeah now is the right time to buy bitcoin and I think the bear market has finished, it's also big enough the impact of this bear market, don't be afraid to buy bitcoin because I think there will be unexpected surprises in the near future.

Not running smoothly in the program at the moment I think to wait for the next few weeks to be more convincing to the market, not strong enough to make a bigger lump, people who are afraid are now trying to wait for the ETF's decision.

Kokondao

newbie

Activity: 167

Merit: 0

yes indeed I think this is a very appropriate time to buy bitcoin, because we know that the current price of bitcoin is very cheap and will provide a large potential profit in the future.

billygarrison

newbie

Activity: 112

Merit: 0

yeah now is the right time to buy bitcoin and I think the bear market has finished, it's also big enough the impact of this bear market, don't be afraid to buy bitcoin because I think there will be unexpected surprises in the near future.

melfwaz

newbie

Activity: 61

Merit: 0

Quote from: kevoh on September 07, 2018, 12:31:28 PM

Quote from: Kygo on August 21, 2018, 02:37:00 PM

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

There is no way the current bearish market is due to the USD. I find it hard to believe this. On the other hand, people are still making profits out of the bearish market, the recent fall from $7000 dollars to $6460, is an indication of an active market where buying and selling are taking place.

Fall in value does not mean that US dollar is increasing in value or something other happening with it have no affect here on the Bitcoin. The major factor is the supply and demand of Bitcoin which is the real cause for its price increase and decrease. So the current market is running in its low price and we have the opportunity to buy more in numbers will be in benefit.

iASIC

member

Activity: 308

Merit: 10

AMA BCT

Quote from: Kygo on August 21, 2018, 02:37:00 PM

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY

Those are convincing words but I just see it as rumors. In the Crypto market there were so many rumors going on and I never believed that rumor. I just believe in my analytical ability and I think we should buy Bitcoin now and wait for the November pump.

jems

sr. member

Activity: 854

Merit: 250

Quote from: pictsidhe on September 07, 2018, 03:48:50 PM

Everyone's is sharing their own opinion but no one knows the exact reason. Who wants to hold for a long time, they can buy now, but this is not the right time to buy bitcoin for the short time holder. Because the price may decrease again and it can go under 6K USD this month!

That's right because there is never certainty about the next bitcoin price movement, so we have to really round up the choice before deciding to buy or sell. But the one I got from here is that Bitcoin is not controlled by USD.

pictsidhe

member

Activity: 199

Merit: 10

Everyone's is sharing their own opinion but no one knows the exact reason. Who wants to hold for a long time, they can buy now, but this is not the right time to buy bitcoin for the short time holder. Because the price may decrease again and it can go under 6K USD this month!

Baofeng

legendary

Activity: 2576

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Quote from: Sereda_Rostislav on September 07, 2018, 12:15:14 PM

I think it is still dangerous to buy bitcoin. It is very similar to the formation of a bearish flag. Perhaps in the near future we will see a new bottom.

LMAO, What do you mean dangerous?

Here's a good tip, when everyone is selling, then you buy, and when everyone started to buy then you sell. Just the typical law of supply and demand and there's nothing wrong about it. Bitcoin is too powerful and no matter what people says' about, its unstoppable so its better to get in early and buy as many as you can in a bear market. And NO, there's bearish trend has nothing to do with USD.

crairezx20

legendary

Activity: 1638

Merit: 1046

It is normal to see that the price is dropping it is a sign that there are some big whales who holds a large amount of bitcoin and directly sell on the market that we called bearish market.
how many times that Bitcoin attempts to drop below $6? If you notice the graph history of bitcoin it won't stay too long below $6k because there is a strong support in $6k value it might be whales buying bitcoins again just to let the market become stable and wait for another bull market. So, it is normal for bitcoin to fall and rise again just take the opportunity to make a profit everytime the price is fall and wait for the bull market again to make a good profit.

kevoh

full member

Activity: 448

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Quote from: Kygo on August 21, 2018, 02:37:00 PM

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

There is no way the current bearish market is due to the USD. I find it hard to believe this. On the other hand, people are still making profits out of the bearish market, the recent fall from $7000 dollars to $6460, is an indication of an active market where buying and selling are taking place.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Topic title: Is It Time To Buy Bitcoin? The answer will surprise you

What is this? Buzzfeed?

We're in a bear market because more bitcoins are being sold than being bought for many various potential reasons like fear and hopelessness because of the dropping price, etc; and that's pretty much it. Typical supply and demand. Even if we do a lot of research there's almost no way of proving what really is the main cause of the price drop anyway.

Sereda_Rostislav

jr. member

Activity: 126

Merit: 1

I think it is still dangerous to buy bitcoin. It is very similar to the formation of a bearish flag. Perhaps in the near future we will see a new bottom.

okala

full member

Activity: 980

Merit: 114

Quote from: Kygo on August 21, 2018, 02:37:00 PM

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY

Many of us will think otherwise and always accuse the whales and last year pump as the reason why bitcoin is falling. We have been analyzing the market from one view and never look at the effect of USD. I will said we need to buy now as maybe in 2019 we would see serious pump.

Andrew1337

sr. member

Activity: 574

Merit: 255

Quote from: Kygo on August 21, 2018, 02:37:00 PM

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY

This is not true . Bitcoin is not controled by USD . Bitcoin is controlled by big people with a lot of money . So I'd recommend you to stay away till things will come back

hubballi

sr. member

Activity: 882

Merit: 297

Quote from: yla1974 on August 21, 2018, 04:57:05 PM

Quote from: darkangel11 on August 21, 2018, 03:58:45 PM

What you're talking about is the fundamentals that actually are in great shape and I agree that the bull market is coming. Those who are selling now are mostly aware of it and aren't doing it because "bitcoin is dead" or some other ridiculous statement. They are doing it because either they want to play the market and short, hoping that they can make more money, or they aren't willing to wait for a year or 2 because they need money now. This second reason is a bit dumb because if you decided to invest you should have been aware that it's for the long term. I know that even if this bear market keeps dragging for another year I'll be able to survive without touching my coins.

You are absolutely right, the market is cyclical, and time in the market is the most valuable asset. At the moment, all attention is focused on the appearance of the next fund. Its decision by the SEC must be published at this address. Who is interested in monitoring, just do it.
https://www.sec.gov/rules/sro/nysearca.htm

Every one just making excuse of this bearish market on the name of SEC approval, even last year also it got rejected and market reacted for some days but after that it bounced up and created ATH. So when market to be going up no one knows. Right now traders are in short term mood and not thinking of investing for long term.

cryogencrypto

newbie

Activity: 29

Merit: 0

If you feel this is the best way, you can buy bitcoin. Because bear markets are often used by many people to make a profit. But if you are in doubt about the future of bitcoin, then buy it in small quantities, or you don't have to buy it at all.

yla1974

sr. member

Activity: 700

Merit: 380

Quote from: darkangel11 on August 21, 2018, 03:58:45 PM

What you're talking about is the fundamentals that actually are in great shape and I agree that the bull market is coming. Those who are selling now are mostly aware of it and aren't doing it because "bitcoin is dead" or some other ridiculous statement. They are doing it because either they want to play the market and short, hoping that they can make more money, or they aren't willing to wait for a year or 2 because they need money now. This second reason is a bit dumb because if you decided to invest you should have been aware that it's for the long term. I know that even if this bear market keeps dragging for another year I'll be able to survive without touching my coins.

You are absolutely right, the market is cyclical, and time in the market is the most valuable asset. At the moment, all attention is focused on the appearance of the next fund. Its decision by the SEC must be published at this address. Who is interested in monitoring, just do it.
https://www.sec.gov/rules/sro/nysearca.htm

darkangel11

legendary

Activity: 2296

Merit: 1335

Don't let others control your BTC -> self custody

What you're talking about is the fundamentals that actually are in great shape and I agree that the bull market is coming. Those who are selling now are mostly aware of it and aren't doing it because "bitcoin is dead" or some other ridiculous statement. They are doing it because either they want to play the market and short, hoping that they can make more money, or they aren't willing to wait for a year or 2 because they need money now. This second reason is a bit dumb because if you decided to invest you should have been aware that it's for the long term. I know that even if this bear market keeps dragging for another year I'll be able to survive without touching my coins.

Kygo

newbie

Activity: 28

Merit: 0

The question on everyone's mind is when does this bear market end? First you have to understand what is actually causing this move and it is not the bitcoin futures market or whales. It is the USD.

The us dollar is still the world's reserve currency it has been strong in 2018. That is about to end soon.

Learn why Bitcoin is really in a bear and when the bull is coming back,

https://youtu.be/ys6vtXbYCBY

Topic: Is It Time To Buy Bitcoin? The answer will surprise you (Read 345 times)