Do you guys think there will be a drop in price in waves?
Nope!! Buy now foo!! Or yer gonna miss it!!
I know what you are saying... but i want it to go down to 3 dollars again... thats my problem...
Btw did you get enough waves total where you no longer need to get anymore waves?
I think you should accept the fact that it may never go down to $3 again if the bull run continues (Unless something majorly bad happens with waves, in which case, waves might not be a prudent investment anymore). I see many people holding off on buying hoping that they will get a chance to buy when the price goes down to a ridiculously cheap amount (or during-crash/pre-recovery prices). They usually miss out on buying entirely because the prices of good coins keep increasing when the market is in recovery mode and usually NEVER go back to those low prices again. This is what is happening now with the crypto currency market with all good coins (and in some cases hyped shit coins) rising to near ATH or crossing ATH.
Look at the case of NEO, last month the price was hovering around $6 and when it started to rise, people waited for it to drop back to $6-7 range before buying and before even they knew it, the price doubled and tripled and all those people end up buying at higher prices due to FOMO. If they had truly believed in the potential of NEO, they could have bought it at $8-$10 and still have made money in the long term in the worst case scenario.
If you want to buy it at $3, just think what could cause Waves to plummet to $3 from $5 (> 40% drop). Does it not have a good product/road map? Is it hyped to get to $5? Do you think there would be no buyers/whales who would want to buy it until it drops to $3? Are most of the long-term holders going to sell it now with just x2 profit when they can make x3-x5 profit? None of these are valid reasons, so you shouldn't expect it to go to $3. That is unless of-course, something major like Aug 1st/Segwit/BCC kinda unexpected drama comes out. If that happens, then the entire crypto market would go down not just Waves and you would have plenty of opportunities to buy any good crypto currency.
Most people here believe that $10 is a good realistic price by the year end (could be more, but that seems a conservative number). Based on that number, I would think that now is a good time to buy. If you want to talk in BTC, I think the current price of 0.0015 BTC is still a decent entry (It hit 0.0017 couple of days back and corrected just a bit). If it helps, I bought my first batch at 0.0011-0.0012 and bought an equal number of waves just an hour ago at 0.00152-0.00153.
Cheers!
Okay so you are saying that its not good if waves drops because if it does, then its not a good investment. That makes a lot of sense. So you think that waves won't go back to 3 dollars right? The thing is this. If i have enough money to buy the total amount of waves i want and not have to look at the price to buy again, i would. My issue is im low on funds and because of that, i cannot get enough waves that i want total. Thus say someone has just 100 waves. But they want a total of 1000 waves etc. And say once they have 1000 waves, that is enough and they just want to see that money grow. But they dont have enough funds and let say they could just get another 200 waves. But if the price drops to when it was earlier, they could get 400 waves etc. The thing is i should have gotten a lot of waves when it was in the 3 dollar price a while back but i did not. Now it has increased which is good in the sense that i have some waves... but not enough waves.
Well the thing is i dont want to get waves at this price when say not that long later, it drops to 3... where i could have got double the amount of waves etc. But it just seems waves price keep going higher and higher. I know that NEO price went up a lot etc. Thus i dont think buying NEO at the current price is worth it. Of course the risk of waiting for waves price to drop is if it keeps going very high. If you think about it, a coin that is under 10 dollars is pretty cheap. But the issue is if you want to buy ALOT of it... then its expensive. So still trying to figure out what i should do on this.
