Is this a good opportunity to buy or huge risk to lose money - page 4.

Lucius

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Quote from: imapessimist on March 31, 2018, 04:17:56 AM

I really do think the party will be over soon. For yes some people have made money but how many ordinary people have lost money in this venture. We'll probably never know. Because every dollar gained is somebody else's dollar lost.

When you say "party over" do you think BTC will fall to zero?Although there is always the possibility that the whole thing will collapse one day,even Satoshi Nakamoto say something in that sense :

Quote

I'm sure that in 20 years there will either be very large transaction volume or no volume

But the chances that total collapse happens is maybe 10% more or less,there is too much interest and money invested in this project which began less than 10 years ago.So in next 10 years things will become much clearer,it is up to you to be here and see what will happen.Otherwise there is a very simple solution for you and all those who think like you.Do not invest in anything and you will be risk free/or invest in gold-silver and sleep in peace.

1Referee

legendary

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Quote from: markdario112616 on March 30, 2018, 09:47:49 PM

An experienced trader would take advantage of this opportunity, Given that they are equipped with enough information that they could use in making a decisions. Though huge risk is already part of this industry, and strategies will decide the future of one investor or trader.

There is no information that any trader can use to gain an advantage in this market, unless it concerns insider information, but that only applies to a very small minority. I am not trading in current market, because it's too fear driven at this point, and thus too risky to jump in for me. I rather enjoy buying up some coins to hold for the longer term, because that's more of a useful practice currently. It's great for me overall, because I bought back some coins at levels just over $10,000, and have done it at current levels, which decently lowers the average entry price. It will be interesting to see what the market will do from this point. If we look at one development that kept up consistently thoughout the last months, then it were the constantly lower forming ranges, and I'm not sure yet if we're completely done yet, but if the $6000 base doesn't get breached, we know for sure that we have had the worst.

imapessimist

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I really do think the party will be over soon. For yes some people have made money but how many ordinary people have lost money in this venture. We'll probably never know. Because every dollar gained is somebody else's dollar lost.

hugeblack

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It is dangerous to put your money in something you do not know much about(technical knowledge, believe and market behaves).
Do not be like those idiots who buy/sell for quick profit and then panic in any decline.
If you believe in Bitcoin, just Hold or buy more else leave the market.

History repeats itself Do not miss your chance to buy low

lifengpu

sr. member

Activity: 504

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smart people have already taken advantage of the moment and invested in bitcoin for a reduced price now they are waiting for its growth

timerland

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Quote from: fabiorem on March 30, 2018, 07:00:37 PM

No, its not. Someone, or some group, is shorting it to the ground. Maybe its the Mt.Gox trustee, but whoever it is, this will prompt regulation by governments, at least on the exchange level.

Bitcoin was defeated as a currency. Nobody is going to use it to buy anything, as the merchant who accept it will lose money in a matter of hours, if not minutes. Nobody is going to use it for wages either. If it was only going up, adoption would be open to the masses and the bankers would have to swallow it.

Better to wait until all Mt.Gox coins are dumped, and the price recovers. I would say that if the price is above $10k for a entire month, then its safe to buy. If not, buy only when it reaches three digits.

I think it's safe to say that bitcoin isn't going down to 3 digits. There's going to be a ton of buyers at the low to mid 4 digit range that I doubt we're going to see any prices below $2000 consistently as we try to find a bottom at this bear market.

I wouldn't say that bitcoin was defeated as a currency. It just means that adoption has not ripened.

Also, with or without Mt Gox coins being dumped, would you agree that bitcoin's pump had to come to an end one way or another and enter a bearish phase exactly like what we're experiencing now? There had to be profit takers at some point.

Anyways, instead of buying when price is above $10k and calling it safe or buying when price is in 3 digits(which probably will never happen), a more logical thing to do would be buy your way down, split up your capital to buy coins regularly, starting now seeing prices are already decently low.

markdario112616

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An experienced trader would take advantage of this opportunity, Given that they are equipped with enough information that they could use in making a decisions. Though huge risk is already part of this industry, and strategies will decide the future of one investor or trader.

bitcoin31

hero member

Activity: 1834

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We know that every investment that you invest have possible to lose your money. For sure most of us until now are undecided because they did not know what they do if they sell their bitcoin or hold their bitcoin because the price is not stable it will decreasing so other people panic selling. But remember bitcoin is for longterm investment and if you willing to wait maybe you can get more profit.

fabiorem

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No, its not. Someone, or some group, is shorting it to the ground. Maybe its the Mt.Gox trustee, but whoever it is, this will prompt regulation by governments, at least on the exchange level.

Bitcoin was defeated as a currency. Nobody is going to use it to buy anything, as the merchant who accept it will lose money in a matter of hours, if not minutes. Nobody is going to use it for wages either. If it was only going up, adoption would be open to the masses and the bankers would have to swallow it.

Better to wait until all Mt.Gox coins are dumped, and the price recovers. I would say that if the price is above $10k for a entire month, then its safe to buy. If not, buy only when it reaches three digits.

timerland

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Quote from: imapessimist on March 30, 2018, 08:45:07 AM

I am 50/50 on this. Is it a good chance to buy and we won't see 6k again or is it a huge risk and it might crash to 2k or even to nothing. Are people buying now or just watching and waiting. There does seem a big volume of Bitcoin changing hands today compared to the last couple of weeks. Are they buying or selling. Why has it gone down so much at the moment. So many questions and few answers. I think it's looking a very risky business at the moment.

One thing is for sure. It's not going to "nothing". Bitcoin prices is falling alot, that is true. However, it will find a bottom somewhere, maybe at $2k as you said, move sideways for a bit(most likely when most people in the market start saying that there's going to be more dumps coming), then start its first real rally upwards to establish the bullish trend.

This will happen at some stage, but nobody knows when it's going to happen. For now, we're still bearish.

I don't think that it's risky at all to buy in right now if you do have the patience to hold your coins. Instead of a 50/50 chance of making a profit if you're willing to just hold that coin for 2-3 years, I think you'll have a 80/20 chance to be able to pull off some respectable profits. However, if you're looking to trade for a short term profit, that's when the risk start piling up since it's still pretty bearish right now.

The reason why bitcoin is going down doesn't always have to be a definitive answer. One way or another this bear market had to happen before the next bull market, there is no way that bitcoin can sustain its growth from 2017.

creeps

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Quote from: GoldenLad on March 30, 2018, 05:55:38 PM

If you are still doubting. Then please stay away.

Yeah, better not to invest here if you are thinking that way. No one can tell you the exact things that will happen in the future but for me buying great coins today is a good option for you to make bigger money and I know the market will bounce back even if bitcoin hit $1k.

GoldenLad

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If you are still doubting. Then please stay away from bitcoin because its investors like you that will end up creating threads everyday on why the price of bitcoin is falling. I believe every business is a risk and the only thing that makes you engage in a business is if you believe in it and have a working strategy. If you believe in bitcoin then go for it. Do not let anyone FUD distract you.

Slow death

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Quote from: imapessimist on March 30, 2018, 08:45:07 AM

I am 50/50 on this. Is it a good chance to buy and we won't see 6k again or is it a huge risk and it might crash to 2k or even to nothing.

Where the hell did you hear it's going to fall to $2000?

Quote from: imapessimist on March 30, 2018, 08:45:07 AM

Are people buying now or just watching and waiting.

Of course there are people buying, I buy at any price because I invest in the long term

Quote from: imapessimist on March 30, 2018, 08:45:07 AM

I think it's looking a very risky business at the moment.

I agree that it is a very risky investment, but if you are a long-term investor then you will make a profit in the future, but in the short term you will have huge losses

FLoving

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Quote from: imapessimist on March 30, 2018, 08:45:07 AM

I am 50/50 on this. Is it a good chance to buy and we won't see 6k again or is it a huge risk and it might crash to 2k or even to nothing. Are people buying now or just watching and waiting. There does seem a big volume of Bitcoin changing hands today compared to the last couple of weeks. Are they buying or selling. Why has it gone down so much at the moment. So many questions and few answers. I think it's looking a very risky business at the moment.

It looks like it is a chance for those who want to buy bitcoin at a lower price. I will suggest you to buy now and to invite your other friends to invest in bitcoin as after that the price is going to increase much faster and if you will not buy now then after that you will regret that why you not bought at that time. Just look at the chart of previous two years and you will see that in the summer the price of bitcoin increases much faster.

Kingofbitcoin12345

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That decision is highly dependent on your strategic attitude toward investing..

First: If you think the future of bitcoin is still worth the risk then why not buy now at 68000$ and when it go back at any price higher then profit is possible..

Second: If you’re doubtful and to risk your money for a coin you don’t trust,, why not run away and wait for signals that your comfortable again..

Those are just an option we can take,, I do take the first and hold than regret not trying..

Canis Majoris

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Quote from: dothebeats on March 30, 2018, 03:41:12 PM

I'm just waiting on the sidelines currently, and with the way how things are going right now, it;s obviously not the best time to buy right now. This isn't like the February crash that had us at $6000. It feels more subtle compared to that crash, which makes me worry about this being a gradual decline over the course of a few weeks. There also seems to be no signs of life from the bulls in the mean time and the overall market sentiment is negative. Strings of negatively-interpreted news also contributed to the gloom we are facing right now. Best thing to do is to don't do anything yet.

That's what I'm thinking myself. We are basically repeating events of 2014, though at a somewhat accelerated playback. Back then, the price also had made a few major rebounds on its way to the bottom. However, I can't fully agree that we shouldn't do anything because volatility is not going away. But volatility is the best friend as well as the worst enemy of a trader, depending on which side of the trade you are on, right or wrong.

samycoin

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Quote from: imapessimist on March 30, 2018, 08:45:07 AM

I am 50/50 on this. Is it a good chance to buy and we won't see 6k again or is it a huge risk and it might crash to 2k or even to nothing. Are people buying now or just watching and waiting. There does seem a big volume of Bitcoin changing hands today compared to the last couple of weeks. Are they buying or selling. Why has it gone down so much at the moment. So many questions and few answers. I think it's looking a very risky business at the moment.

That's true it's risky now to invest because we not know what will happen to the price of bitcoinnits either going up or down. Lot of us always look the market if what will happen if bitcoin will go down under $6000. And i wish that bitcoin will rise up instead of going down.

PuertoLibre

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At the end of year the only thing matters is profit on your portfolio tracker. Never risk money more than you cant afford to lose. This bear market is best time to grow portfolio but this firesale will not last for long time.

Sictalfia

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Quote from: BrewMaster on March 30, 2018, 08:52:38 AM

Quote from: imapessimist on March 30, 2018, 08:45:07 AM

There does seem a big volume of Bitcoin changing hands today compared to the last couple of weeks.

well based on this, you are someone who either makes random guesses or doesn't know how to gather information properly! not that it matters but today and yesterday was two days with biggest volume after a long time!

as for your question you better stay away for the time being since another one of these misinformation and you will be panic selling at a big loss.

I think by the end of the year, there will be more companies adopting the bitcoin. The price could rise as a result. I will buy some now.

dothebeats

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I'm just waiting on the sidelines currently, and with the way how things are going right now, it;s obviously not the best time to buy right now. This isn't like the February crash that had us at $6000. It feels more subtle compared to that crash, which makes me worry about this being a gradual decline over the course of a few weeks. There also seems to be no signs of life from the bulls in the mean time and the overall market sentiment is negative. Strings of negatively-interpreted news also contributed to the gloom we are facing right now. Best thing to do is to don't do anything yet.

Topic: Is this a good opportunity to buy or huge risk to lose money - page 4. (Read 675 times)