Author

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

hero member
Activity: 2828
Merit: 518
I really think that some members in here doesn't fully understand about crypto. Yes, crypto investment is risky and you have only two options either gaining or losing. You have invested these cause you know it already(risky), aiming for good profit and that's why you should play it will, otherwise you may loss all your money.
sr. member
Activity: 994
Merit: 257
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. 
When ever the market goes down, it gives you the opportunity to enter the coin once again and this is a good time to enter the market, majority of the investors are waiting to see a clear picture when it comes to regulations around the globe and as long as those rumors are crushed and we see a clear path, the entire market will move according to every negative news, be patient and wait for the market to recover and invest when ever you can.

Personally I do not think that this is a matter of investors waiting for the regulations to come I think that they are simply out of money, investors no matter how big their pockets are have a limit to the amount of money that they can invest, and it's likely that many people that have been in the market of cryptocurrencies for quite some time exceeded the amount of money that they are willing to invest for the time being.
hero member
Activity: 1204
Merit: 505
I think this is a good opportunity to buy during such a decline in prices and this will undoubtedly bring good benefits in the future
We have been having a huge decline for months now and I see it as a very good opportunity for those who want to buy in for the longer term. No one is sure where the market is going to be headed in the short term, but we all know at one point or the other, this is a market that would definitely recover and there is no doubt about it. However, buyers at the dips and holders usually do not miss it when the market comes back hitting those ATHs.
hero member
Activity: 1148
Merit: 527
Now is a good time to buy bitcoins. But everyone should understand that the process of increasing the popularity and price of bitcoin can last for several years. If you are ready to forget for several years about the invested money then you definitely need to buy coins now. But if you allow the possibility of selling their coins before you can become a victim of speculators.
Humans these days either are too greedy or extremely impatient. The market cannot keep growing or cannot keep falling and for those who are really knowledgeable about what they are investing in will see this moment as a very sweet one to buy more unless they know how to trade and know what they are looking for before getting into the market as some long term traders always look for those signals.

Moreover, we must accumulate as much as we can now as that is what is important time period for the long position holder to stash more bitcoins for comparatively cheaper prices. From the current levels, we can expect 10x growth in next one or two years itself.
hero member
Activity: 2268
Merit: 789
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.

This actually depends on a lot of factors, mainly:

  • Do you have the capacity to invest money and bear the huge loss in case of a market crash?;
  • You must do your homework before investing by checking news circulating about bitcoin;
  • Before you invest your resources, consider it as money that you are willing to lose to at least mitigate the damage; and
  • If you have the means, then why not? Investing into bitcoin is always a high-risk, high reward system

Though there are other reasons, personally I suggest that you must do your research brfore investing and avoid rushing as this tends to lead to your investment’s downfall.
hero member
Activity: 2660
Merit: 551
risk is present everywhere and it can not be excluded, but bitcoin did not let down those people who invested in it I think and this time it will be the same

Agree. There will almost been risk, the question is are you willing to take it, or just stay at the side and observe before making any move? Last year alone bitcoin grows exponentially and those who have taken the risk gets their reward at the end. Can bitcoin repeat its past performance? Maybe.

So its really up to the person, if he/she wants to be passive and not do invest because they are afraid so be it. But I think most of us here are risk takers because of what bitcoin has given us in the past.
member
Activity: 350
Merit: 10
risk is present everywhere and it can not be excluded, but bitcoin did not let down those people who invested in it I think and this time it will be the same
hero member
Activity: 910
Merit: 501
I am holding a nice amount of cash and planning to buy more ethereum and bitcoin if they drop more and more.
I have time to wait and i hope its going to drop but if not happens thats fine cause i have enough coins
member
Activity: 300
Merit: 10
I think that the current time is suitable for buying bitcoin and many have taken advantage of this
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
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. 
When ever the market goes down, it gives you the opportunity to enter the coin once again and this is a good time to enter the market, majority of the investors are waiting to see a clear picture when it comes to regulations around the globe and as long as those rumors are crushed and we see a clear path, the entire market will move according to every negative news, be patient and wait for the market to recover and invest when ever you can.
sr. member
Activity: 994
Merit: 257
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.
The only reason why I'm not buying as many bitcoins as I can is simply because I lack the money to do so, I have spent almost all my money in the previous year and I cannot afford more bitcoins or altcoins, and I suppose that I'm not the only one that is in the same position that is why the market is no longer growing since there is no new money entering the market for the time being.
full member
Activity: 686
Merit: 146
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.
The possibilities that you are going to lose all your money by bitcoin crashing to nothing are zero, even a crash to 2000 seems very unlikely, you need to understand that the technology of bitcoin is still as strong as it was in the past so there is not a reason for a crash so big to happen, however if you do not trust in bitcoin then it's better for you to not invest in it or you are going to panic when the price goes down again.

Not really. Anything is possible, even for bitcoin to crash. It’s possible for even banks to go bankrupt or for fiat to totally lose it’s value even. Not to spread any fud or negativity, but I just wanted to be practical and realistic. All investors should prepare for the worst and anticipate if a crash occurs. If you invest everything and then shit hits the fan, then you’re in for some trouble.
sr. member
Activity: 434
Merit: 255
Live cams shows pimped with cryptocurrency
Now is a good time to buy bitcoins. But everyone should understand that the process of increasing the popularity and price of bitcoin can last for several years. If you are ready to forget for several years about the invested money then you definitely need to buy coins now. But if you allow the possibility of selling their coins before you can become a victim of speculators.
sr. member
Activity: 504
Merit: 250
I think this is a good opportunity to buy during such a decline in prices and this will undoubtedly bring good benefits in the future
full member
Activity: 1064
Merit: 112
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.
6k is the bottom pal and it will never go dip,  as you see it been 2 days and until now and the price is keep holding.  and maybe it gaining now to climb again back to 8k if i were you buy more now. And make short term if you don't want to risk your money and perhaps it will grow gradually now because it showing green  .
legendary
Activity: 3318
Merit: 1128
I think the same about you, we don't know what can happen to all of us in a few days from now.

some people are expecting to see the price below three thousand dolllars, and my entire ass is scared off to see this thing.. just imagine to see your actual portfolio at 50%

I think it's better to give a little moment of price growth in order to be confident in investing
Many investors and crypto holders are mentally prepared for this. They know that it is not only bitcoin which is facing this hard time, it is the complete crypto market which is suffering so we have no other productive option besides keeping our respective coins in the wallets. Once this hard correction is over, everyone is going to throw a huge ball because of the rewards they will get form bitcoin. Stay positive!
There is not even a single person who is involved with crypto currencies and does not know about the volatile nature of the market. if your coins are at times giving you huge returns, maximum possibility is that you might have to face hard times with them and that is what exactly happening in the market right now. Correction is taking longer than usual but that would be forgotten by everyone once it is over.

Yes indeed, During the month of December if we re visit of posts and the discussions we will be surprised to see whT and all were speculated for a temporary correction which took longer than expected and  yes you are right we all are aware about hyper volatility of crypto world.
As far as my opinion is concerned, I believe that we should simply let market go the way it wants. Let it show the worst possible condition to the world because this is what we can do. We cannot change the market trends or the current market situation just by getting sullen or hyper. This is all going to settle down at the perfect time chosen by nature for it. I am not going to take out my coins till the end of year.
member
Activity: 126
Merit: 59

Well, OP, I think it's safe to say it won't drop another $12,000.  Grin

Maybe it can drop another 70%, but even at $2000, I suspect you would be asking the exact same questions.

So here's an idea: buy into every 10% drop until the end of the year. Or buy every Monday. Just portion out your gambling capital to dollar cost average your way in. Make a plan and stick to it.

If you plan on trading or holding for less than a year, don't even bother. I wouldn't even think about selling until 2021, one year after the next halvening.

Be prepared to lose everything. Easy come, easy go, after all.

But be forewarned: Amateur instabears may be fleeing but institutions are flocking.

That should tell you something about the future.

This is a HOLDers game.

These are all good things and wisdoms, though somewhat trite and hackneyed, but to a novice trader they don't really mean a shit. Words, in general, don't mean a lot unless they represent real life experience, but you can't explain experience in words. It is something which you can only acquire with time making as well as avoiding all kinds of mistakes. And I can't possibly agree that it is a HOLDers game. In speculative markers - where Bitcoin truthfully belongs to - it is a suicidal mission that will leave you with heavy losses and likely no money in the end.
sr. member
Activity: 790
Merit: 261
I think the same about you, we don't know what can happen to all of us in a few days from now.

some people are expecting to see the price below three thousand dolllars, and my entire ass is scared off to see this thing.. just imagine to see your actual portfolio at 50%

I think it's better to give a little moment of price growth in order to be confident in investing
Many investors and crypto holders are mentally prepared for this. They know that it is not only bitcoin which is facing this hard time, it is the complete crypto market which is suffering so we have no other productive option besides keeping our respective coins in the wallets. Once this hard correction is over, everyone is going to throw a huge ball because of the rewards they will get form bitcoin. Stay positive!
There is not even a single person who is involved with crypto currencies and does not know about the volatile nature of the market. if your coins are at times giving you huge returns, maximum possibility is that you might have to face hard times with them and that is what exactly happening in the market right now. Correction is taking longer than usual but that would be forgotten by everyone once it is over.

Yes indeed, During the month of December if we re visit of posts and the discussions we will be surprised to see whT and all were speculated for a temporary correction which took longer than expected and  yes you are right we all are aware about hyper volatility of crypto world.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
I think the same about you, we don't know what can happen to all of us in a few days from now.

some people are expecting to see the price below three thousand dolllars, and my entire ass is scared off to see this thing.. just imagine to see your actual portfolio at 50%

I think it's better to give a little moment of price growth in order to be confident in investing
Many investors and crypto holders are mentally prepared for this. They know that it is not only bitcoin which is facing this hard time, it is the complete crypto market which is suffering so we have no other productive option besides keeping our respective coins in the wallets. Once this hard correction is over, everyone is going to throw a huge ball because of the rewards they will get form bitcoin. Stay positive!
There is not even a single person who is involved with crypto currencies and does not know about the volatile nature of the market. if your coins are at times giving you huge returns, maximum possibility is that you might have to face hard times with them and that is what exactly happening in the market right now. Correction is taking longer than usual but that would be forgotten by everyone once it is over.
member
Activity: 329
Merit: 10
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 all takes courage to move you have to be brave to pass the risks that exist to be able to get more profit never to be afraid to fight risks that's all you need to be brave in stepping and taking decisions that you think are right.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
If you are planning to get into cryptocurrency investment, you must at first be a risk taker for cryptocurrencies are volatile in its price where you can buy it at a very low price today, and it will go down further the following day. Or at best, will start to skyrocket the next day.

If you are really planning to go into crypto investment, it must be long term though. Well, for me that's how I'm going to do. The December madness is over, we should look at the bright side, this is the perfect opportunity to get in while bitcoin is still cheap. And just waited it out till the next massive bull run that will take the price further.

So its gonna be a win win situation for you if you are on it for the long haul. Less stress on your part as you don't need to peak at the price very often, and if we can replicate what we can seen in December 2017 then your investment will grow overtime.

full member
Activity: 448
Merit: 100
DOMINIUM - Decentralised property platform
If you are planning to get into cryptocurrency investment, you must at first be a risk taker for cryptocurrencies are volatile in its price where you can buy it at a very low price today, and it will go down further the following day. Or at best, will start to skyrocket the next day.
sr. member
Activity: 406
Merit: 551
I am a banana.

Well, OP, I think it's safe to say it won't drop another $12,000.  Grin

Maybe it can drop another 70%, but even at $2000, I suspect you would be asking the exact same questions.

So here's an idea: buy into every 10% drop until the end of the year. Or buy every Monday. Just portion out your gambling capital to dollar cost average your way in. Make a plan and stick to it.

If you plan on trading or holding for less than a year, don't even bother. I wouldn't even think about selling until 2021, one year after the next halvening.

Be prepared to lose everything. Easy come, easy go, after all.

But be forewarned: Amateur instabears may be fleeing but institutions are flocking.

That should tell you something about the future.

This is a HOLDers game.

sr. member
Activity: 434
Merit: 251
when prices decline I think this is a good sign to start buying, because if the price grows we will get a solid profit, but the risk of failure is always present
hero member
Activity: 644
Merit: 500
I think the same about you, we don't know what can happen to all of us in a few days from now.

some people are expecting to see the price below three thousand dolllars, and my entire ass is scared off to see this thing.. just imagine to see your actual portfolio at 50%

I think it's better to give a little moment of price growth in order to be confident in investing
Many investors and crypto holders are mentally prepared for this. They know that it is not only bitcoin which is facing this hard time, it is the complete crypto market which is suffering so we have no other productive option besides keeping our respective coins in the wallets. Once this hard correction is over, everyone is going to throw a huge ball because of the rewards they will get form bitcoin. Stay positive!
hero member
Activity: 1750
Merit: 904
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.
I think it is actually a good period to buy BTC, at least that's what I want to believe. I actually bought some a few days ago, when the price was at $7.400. Theoretically, I'm at a loss now and waiting for a price recovery. If you can't afford to take a loss if something happens, just invest a smaller amount. I do hope a recovery happens soon, not really fond of checking the price every so often and feeling anxious about my investment.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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.

Like you said it's risky so what you need here is "guts" to move forward.

No one knows the exact and accurate answer to your questions and never it will. You will just know if your decision is good until you see the result so be ready and enter at any price level and see how it will goes. If your purpose is to just HODL then you have only one actions to be done and that is to hold.

Take the risks or regret later? It's up to you.
member
Activity: 196
Merit: 10
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.
The possibilities that you are going to lose all your money by bitcoin crashing to nothing are zero, even a crash to 2000 seems very unlikely, you need to understand that the technology of bitcoin is still as strong as it was in the past so there is not a reason for a crash so big to happen, however if you do not trust in bitcoin then it's better for you to not invest in it or you are going to panic when the price goes down again.
hero member
Activity: 3080
Merit: 603
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.   
If you are partly doubting on this move then you just have to invest what you afford to lose. When bitcoin hit $19,000 I never imagined that it will go back again to $6,000 but we did see it. Test yourself, learn the charts so that you are comfortable with what you are doing. Remember that it is your money, others may try to encourage you that this is the best time to buy and I'm one of it but the decision will still depend on how you are sure with what you are doing.

We shouldnt doubt on bitcoin because bitcoin dont ever failed us. we already experienced this phase over and over again but we should always see a good results and we do always earn more than what we loose.

I suggest keep on buying as long as you have an urge to buy and as long as you have a money to buy a bitcoin. youll never know , bitcoin wont ever reach this low on the future. this maybe your last chance to purchase bitcoin on a cheap price, so stop wating time and act fast now.
Try to tell this to those people who bought bitcoin last December and January and let's see on how they are going to react that bitcoin didn't failed us. And oh I can remember the OP, he's been posting everything about bitcoin the pessimists way. This just came to my mind that he's been here in Speculation board that are giving this negativity to the rest of the holders.

Right. And at this point, i think many are just watching out and staying away from all of this at the moment. Most of the people that bought in last dec and january have probably sold their btcs with huge losses already. Personally i'd also prefer to wait out this besr market and buying little by little. I think many of us here who've been here for more than a year or two knows already that btc is for the long term
Not really staying away but they are planning to push it and starts to think that they have to release their bitcoins due to this. And I don't think that most of them sold their bitcoins anyway, there are people who bought during $19,000 ---> $11,000 and now they are really waiting for the right moment to sell.

Theres no rule you have to buy december and not use it until april.  They could buy december and use it the same month.       
Lucky they are if they are able to sell during the ATH's.
STT
legendary
Activity: 4102
Merit: 1454
Try to tell this to those people who bought bitcoin last December and January and let's see on how they are going to react that bitcoin didn't failed us. And oh I can remember the OP, he's been posting everything about bitcoin the pessimists way. This just came to my mind that he's been here in Speculation board that are giving this negativity to the rest of the holders.

Theres no rule you have to buy december and not use it until april.  They could buy december and use it the same month.        Reason why a price is slow to rise is previous holders selling at that price when it recovers.  Takes some time to get through that queue of people waiting I think.

Recent bottom was a good reversal but right now we are back to a trend that it must climb over.    So more confidence comes when the price is above and confirms this price as support.   Its still a kind of ceiling right now hence hesistation in pricing.
This is a long term trend so alot of buyers/sellers around here


hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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.   
If you are partly doubting on this move then you just have to invest what you afford to lose. When bitcoin hit $19,000 I never imagined that it will go back again to $6,000 but we did see it. Test yourself, learn the charts so that you are comfortable with what you are doing. Remember that it is your money, others may try to encourage you that this is the best time to buy and I'm one of it but the decision will still depend on how you are sure with what you are doing.

We shouldnt doubt on bitcoin because bitcoin dont ever failed us. we already experienced this phase over and over again but we should always see a good results and we do always earn more than what we loose.

I suggest keep on buying as long as you have an urge to buy and as long as you have a money to buy a bitcoin. youll never know , bitcoin wont ever reach this low on the future. this maybe your last chance to purchase bitcoin on a cheap price, so stop wating time and act fast now.
Try to tell this to those people who bought bitcoin last December and January and let's see on how they are going to react that bitcoin didn't failed us. And oh I can remember the OP, he's been posting everything about bitcoin the pessimists way. This just came to my mind that he's been here in Speculation board that are giving this negativity to the rest of the holders.

Right. And at this point, i think many are just watching out and staying away from all of this at the moment. Most of the people that bought in last dec and january have probably sold their btcs with huge losses already. Personally i'd also prefer to wait out this besr market and buying little by little. I think many of us here who've been here for more than a year or two knows already that btc is for the long term
hero member
Activity: 3080
Merit: 603
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.   
If you are partly doubting on this move then you just have to invest what you afford to lose. When bitcoin hit $19,000 I never imagined that it will go back again to $6,000 but we did see it. Test yourself, learn the charts so that you are comfortable with what you are doing. Remember that it is your money, others may try to encourage you that this is the best time to buy and I'm one of it but the decision will still depend on how you are sure with what you are doing.

We shouldnt doubt on bitcoin because bitcoin dont ever failed us. we already experienced this phase over and over again but we should always see a good results and we do always earn more than what we loose.

I suggest keep on buying as long as you have an urge to buy and as long as you have a money to buy a bitcoin. youll never know , bitcoin wont ever reach this low on the future. this maybe your last chance to purchase bitcoin on a cheap price, so stop wating time and act fast now.
Try to tell this to those people who bought bitcoin last December and January and let's see on how they are going to react that bitcoin didn't failed us. And oh I can remember the OP, he's been posting everything about bitcoin the pessimists way. This just came to my mind that he's been here in Speculation board that are giving this negativity to the rest of the holders.
full member
Activity: 1750
Merit: 118
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.   
If you are partly doubting on this move then you just have to invest what you afford to lose. When bitcoin hit $19,000 I never imagined that it will go back again to $6,000 but we did see it. Test yourself, learn the charts so that you are comfortable with what you are doing. Remember that it is your money, others may try to encourage you that this is the best time to buy and I'm one of it but the decision will still depend on how you are sure with what you are doing.

We shouldnt doubt on bitcoin because bitcoin dont ever failed us. we already experienced this phase over and over again but we should always see a good results and we do always earn more than what we loose.

I suggest keep on buying as long as you have an urge to buy and as long as you have a money to buy a bitcoin. youll never know , bitcoin wont ever reach this low on the future. this maybe your last chance to purchase bitcoin on a cheap price, so stop wating time and act fast now.
hero member
Activity: 3080
Merit: 603
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.   
If you are partly doubting on this move then you just have to invest what you afford to lose. When bitcoin hit $19,000 I never imagined that it will go back again to $6,000 but we did see it. Test yourself, learn the charts so that you are comfortable with what you are doing. Remember that it is your money, others may try to encourage you that this is the best time to buy and I'm one of it but the decision will still depend on how you are sure with what you are doing.
member
Activity: 378
Merit: 10
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.
No one can predict that this will not hit $6k again but it seems it is now possible to go lower that that as we are now at $6.5k. I'm hoping that the buy supports at $6k is enough as not to go down the price below $6k. I still don't find a valid reason for the corrections as it happens again and again.
full member
Activity: 1386
Merit: 101
ComboLabs
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.


I think every risk is always there and certainly a bigger risk when we want to invest in crypto. of course at this time the price has fallen in, we all know it.
but in my opinion there is no other way just waiting how long the bitcoin will fall and then buy it again
sr. member
Activity: 560
Merit: 250
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.


I think the risk that we can if speculating at the moment is not so great. yes, the price has reached its lowest point. the possibility of a decline will happen in the next few weeks, but I think it will not be so big because it will always tuck the growth even if only a few percent. I think you can buy bitcoin this time
legendary
Activity: 2128
Merit: 1657
BTC might crash to 3k USD, but chances are extremely high it will go on to make new all time highs, which would mean select altcoins will make 100x or above in such a scenario. Risking 50-60 % where the reward is at least 500-1000 % even with a conservative portfolio is an extremely good bet, so you can start buying now.
full member
Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
Only you could make a conclusion whether it is a good opportunity or not, doubt is a normal thing and it's up to you if gou will continue. You're not alone, there are also people who think the same was as you and if you choose to stay safe there's nothing wrong about it,  you can still buy anytime and make profit.
member
Activity: 266
Merit: 12
The first thing you should know is that bitcoin or any other cryptocurrency is not a get rich quick scheme. Sure your profit will come, but it will take a very long time before it will happen. If you are looking to make quick gains now, it will definitely fall you but if you are willing to invest and wait for more years ahead. Then you will surely have your gains. Aside that, there is no easy way to have done it.
legendary
Activity: 1190
Merit: 1024
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.

Investing in bitcoins is always a risky business but the returns on the investments are also limitless. If you believe in bitcoins and all this digital stuff then this is the best time to enter and buy in. But if you are not sure about it, its better to stay away else you will be crying if BTC falls below 5K or so. The real community of bitcoins know that this Rise and Fall of bitcoin is not an unusual thing.
hero member
Activity: 980
Merit: 507
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.
There's more selling than buying I can tell you that. Either people are "watching" /panicking or they are selling. There's buying happening obviously but it's the same people over and over again who are buying and selling, helping to manipulate the market prices.
  I think it's looking a very risky business at the moment.
It has always been risky. It's an investment after all at first and then a currency.
hero member
Activity: 849
Merit: 507
It will go up, but it will take some time, we all know how this shit works, and how to make profit out from it. So if you want my advice, wait a week, and buy.. And then wait until it makes a x2, and repeat the process again.,
Bitcoin prices are falling. If you are a newbie to Bitcoin then do not buy it now because you do not know how it will change. Sometimes you lose money. And those who have invested so far have large capital should buy to reserve profits when bitcoin up.

full member
Activity: 759
Merit: 105
I think it's better to give a little moment of price growth in order to be confident in investing
Nothing could have gone too low as of the moment that's why everyday is a good opportunity to buy as long as the price never exceeded at your desired ATH price. Chances are good since bitcoin was getting too low and i wish i could buy more at this current price but i'm low at funds at the moment.
STT
legendary
Activity: 4102
Merit: 1454
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.

Nobody can tell you what to do .   The problem is your personal context for trading is seperate to mine, the risk and allocation of what resource you might have is going to vary.

However yes I think here is a point where the price is not in freefall but at long term regular support.  Nobody in the world knows for sure but theres certainly a case stands for greater odds in this area for going long then previously at prices.
Also action today recently has been bullish in a failed test or break of support, again just my guess and what I've read.
hero member
Activity: 882
Merit: 517
cloverdex.io
I think the same about you, we don't know what can happen to all of us in a few days from now.

some people are expecting to see the price below three thousand dolllars, and my entire ass is scared off to see this thing.. just imagine to see your actual portfolio at 50%

I think it's better to give a little moment of price growth in order to be confident in investing

Never worry of loosing money when you are investing in a crypto coin. You should be aware that fluctuation are normal and its crypto's nature. Hence, just invest and do not turn back after investing. Its the matter of patience. You just need to wait for a while until the coin you have invested gets more value than the value you bought at. I am sure it will certainly raise even if you invest in a coin which is really struggling to come in the market.
member
Activity: 527
Merit: 10
Join Ixinium
I think the same about you, we don't know what can happen to all of us in a few days from now.

some people are expecting to see the price below three thousand dolllars, and my entire ass is scared off to see this thing.. just imagine to see your actual portfolio at 50%

I think it's better to give a little moment of price growth in order to be confident in investing
full member
Activity: 434
Merit: 103
I think it's better to give a little moment of price growth in order to be confident in investing


I think that the growth will not soon be. That the market has sagged is not surprising, since before that there was a lot of growth. This correction and it can be very long.
member
Activity: 300
Merit: 10
I think it's better to give a little moment of price growth in order to be confident in investing
member
Activity: 126
Merit: 59
We may not have the things that we want to be real and quick but that doesn't mean that things will really be negative already, yest it may true that the price of bitcoin is dropping now as well as some altcoins but that does not mean that bitcoin is not worth investing at.

Well, that actually depends on the purpose and timeframe of your investing endeavor. For instance, some people invest exclusively for short term only. Obviously, such investments don't make much sense with the falling markets unless you are looking for an arbitrage opportunity or for shorting. There's still a lot of room to fall further, and as a trading wisdom says, do not catch falling knives. I think this adage is fully applicable to Bitcoin today.
sr. member
Activity: 574
Merit: 256
This huge drop in the price has brought the people in a huge dilemma.Now they are not sure that whether to invest in Bitcoin or not because no rise has been seen in the price from quite a long time. People are now confused about whether they should take this drop as an opportunity to invest more or not.Definitely a risk factor has been added in their thinking. But I am still a Bitcoin believer.I am conventional about it's potential of recuperating from all these drops and rising to new heights.So I have already taken this drop as an opportunity to invest in it more.My advice for all of you will be that you should also start investing in it .It will be risk worth taken.
newbie
Activity: 111
Merit: 0
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.
Yes possibly but i will risk to buy bitcoin now that it is a bit low in the market because i'm pretty sure it will rise very soon., when that happens a sure gain will be achieved!
hero member
Activity: 896
Merit: 500
Bitcoin prices are falling. If you are a newbie to Bitcoin then do not buy it now because you do not know how it will change. Sometimes you lose money. And those who have invested so far have large capital should buy to reserve profits when bitcoin up.
sr. member
Activity: 700
Merit: 257


I'm afraid that at some stage it may not happen already. Today is not like it was 4 years ago when there was only Bitcoin and nothing else - well, this is not quite true but you get the point. What I'm trying to say is that there might be a point of no return after which no comeback is possible. Obviously, I refer to Bitcoin here as it should be abundantly clear that crypto is not going to die in the foreseeable future.

Apart from that, we shouldn't completely discard the possibility of a whale going crazy dumping his stash of coins on the market and driving prices to double or even single digits as a result.
We may not have the things that we want to be real and quick but that doesn't mean that things will really be negative already, yest it may true that the price of bitcoin is dropping now as well as some altcoins but that does not mean that bitcoin is not worth investing at.
member
Activity: 126
Merit: 59
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'm afraid that at some stage it may not happen already. Today is not like it was 4 years ago when there was only Bitcoin and nothing else - well, this is not quite true but you get the point. What I'm trying to say is that there might be a point of no return after which no comeback is possible. Obviously, I refer to Bitcoin here as it should be abundantly clear that crypto is not going to die in the foreseeable future.

Apart from that, we shouldn't completely discard the possibility of a whale going crazy dumping his stash of coins on the market and driving prices to double or even single digits as a result.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Because people started using it more as an investment asset rather than a currency.
Wow, been a great investment since December. Sure, people who bought more than a year ago still have huge profits, but they will be underwater soon too. Just watch.



why people like you are going out when the dip is happening?and hiding when the growth starting?i wonder whats your intentions by doing such things.can you do us a favor?if you dont wanna help to make the bitcoiners feeling boosted,just please stop this kind of posting?youre not helping in this situation .

If your mind to invest in Bitcoin is up to 50 percent and 50 percent then i will encourage you to invest like 50 percent of your capital as i believe that you will not regret it in time to come because the market value of Bitcoin will soon start appreciating.
How soon mate?do you have some idea for how long we must wait?if not stop giving false hope its not helping
sr. member
Activity: 1400
Merit: 347
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.


It was defeated for this moment. Bitcoin lost a battle, not the war. Its a speculative asset right now, but it can become a currency in the future if the market matures.

I'm planning to buy more when it reaches around $2k, which would be a 90% drop from previous ATH. But I can't discard three digits as a possibility, because the volume of Mt.Gox coins is big and can eclipse the market if dumped agressively. But like any eclipse, it will be short-lived.
sr. member
Activity: 714
Merit: 250
If i were you just invest on what you can afford to lose only prices is volatile and it is hard to decide to buy. We dont know really of how much could going to low. Some able to buy at this rate a good chance even risks is big and hold for long term
full member
Activity: 1470
Merit: 148
If your mind to invest in Bitcoin is up to 50 percent and 50 percent then i will encourage you to invest like 50 percent of your capital as i believe that you will not regret it in time to come because the market value of Bitcoin will soon start appreciating.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
just buy a small amount and you wouldn't be really taking much of a risk!

lets review what we know:
- bitcoin is the best thing you can invest in for long term.
- it has a lot of potential because it is the only decentralized money that has ever worked and existed.
- it has a limited supply
- we are currently in a dip and even if the dip were to continue more, you are still buying in the dip and that's what matters.

so invest what you can afford to lose and be happy that you got on board!
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
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.


legendary
Activity: 2170
Merit: 1427
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.
jr. member
Activity: 266
Merit: 1
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. 
legendary
Activity: 2702
Merit: 4002
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. Smiley
History repeats itself Do not miss your chance to buy low
sr. member
Activity: 504
Merit: 250
smart people have already taken advantage of the moment and invested in bitcoin for a reduced price now they are waiting for its growth
hero member
Activity: 1526
Merit: 596
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.
full member
Activity: 816
Merit: 133
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.
hero member
Activity: 1834
Merit: 523
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.
sr. member
Activity: 1400
Merit: 347
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.
hero member
Activity: 1526
Merit: 596
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.
full member
Activity: 742
Merit: 144
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.
member
Activity: 266
Merit: 12
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.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
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?

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

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
hero member
Activity: 1022
Merit: 521
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.
full member
Activity: 462
Merit: 102
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..
member
Activity: 126
Merit: 59
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.
full member
Activity: 812
Merit: 100
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.
legendary
Activity: 1890
Merit: 1003
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.
newbie
Activity: 40
Merit: 0
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.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
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.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Why does it always have to be so resolutely binary? Selling all or buying all may both be hideous moves right now. Either sit back and watch, or dollar cost average. The trend you wish for will come around eventually.
sr. member
Activity: 630
Merit: 272
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.

I don't know whether it worth buying now, and I think no one knows that for certain, but if there is a big trading volume it means that some people are selling while other people are buying in massive amounts. It is impossible for any asset to be only sold or bought. There is always a buyer and a seller in a trade. However, if the price goes down, it means there are not enough buyers at the current price, and to process the outstanding supply, the price needs to go down.

Obviously, it works in reverse as well.
It seems to me that ordinary people had never had much importance on the price of bitcoin. A lot of millionaires and billionaires believe in the anonymity and the decentralization of bitcoin and have started to buy the currency. Perhaps they are now leaving the market and this is the reason for such a rapid decline in prices. But everything can resume so I will keep my bitcoins.
newbie
Activity: 7
Merit: 0
I think, near 2-3 years untill 2020 we will see btc for 1k-3k$,Downtrend started just now, and will be so long..
member
Activity: 126
Merit: 59
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.

I don't know whether it worth buying now, and I think no one knows that for certain, but if there is a big trading volume it means that some people are selling while other people are buying in massive amounts. It is impossible for any asset to be only sold or bought. There is always a buyer and a seller in a trade. However, if the price goes down, it means there are not enough buyers at the current price, and to process the outstanding supply, the price needs to go down.

Obviously, it works in reverse as well.
jr. member
Activity: 154
Merit: 8
SODL
Because people started using it more as an investment asset rather than a currency.
Wow, been a great investment since December. Sure, people who bought more than a year ago still have huge profits, but they will be underwater soon too. Just watch.


sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
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 is your perspective because I believe 100 percent it is right time to buy Bitcoin. Because all the cryptocurrency down I accept but some issues are occur in the market it will down. So again this problem is resolve in soon. We should wait for one or two months every problems are slowly decrease in Crypto platform.
member
Activity: 546
Merit: 17
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.
on the basis of it, the general rule of business buying or selling or investment is profit and loss. everything goes back to ourselves, our predictions and our research on cryptocurrency. actually Ball is in your court, I myself do not know if this is the right time or not, obviously many people are talking about now is the right time to buy.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
I'm short at $18.000 and am going to ride this crap to <$2500. It's not too late, you can still short it here and make good money. In fact, chances are it's going even way lower than $2500.
Shorting is a self-fulfilling prophecy: if enough people sell borrowed Bitcoins, the price drops. But by the time they have to buy them back to close their positions, the price starts rising. And the last people to close their short positions will have to buy back at a loss.
The same happens in the opposite direction when the price goes up. I admit I should have sold more there Tongue

To answer OPs question: it's always a good opportunity to buy, and there's always a huge risk to lose money. Just like there's always a huge chance to earn money.
full member
Activity: 1330
Merit: 147
When invested in cryptocurrency is not risky? You buy when the price deep I'm sure I will not say it's a good way or it's not a risky. You will find a risk everytime if you have a bad strategy and you just know invested in cryptocurreny is promissing.

I'm not seem the price goes down to $6000 before since I know the world of crypto especilly bitcoin. I seem now is the deep price, so you have a good choice for buy this time, learn more about analys bitcoin price and you will find profit, I'm sure for that.
member
Activity: 189
Merit: 11
Let's see..  a big Whale sets up to lend out half his coins for people to short...  he makes interest on the lending.  Then he sells his other half to force the price down and send everyone into avalanche mode.... especially with coordination of a few other Whales

Then once he sees his lent out coins get covered he knows it is time to buy back his other half of coins and end up with even more coins and money then before...

This isn't new..  just look at the Gold/Silver market..  the rigging of Libor..  etc

hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
People don't use their brains. I mean, come on, btc failed as a payment system

Because people started using it more as an investment asset rather than a currency.

less and less shops are offering it, transactions are still declining, social media platforms are banning it and quite a few countries banned it already

Read above. What do you mean declining? Fee is basically nothing and transactions don't get stuck. No, social medias are banning ICOs adds, because 90% are scams and if I were to have a huge social network, I'd ban ICO adds as well. Countries like China where basically everything is banned besides breathing?

I'm short at $18.000 and am going to ride this crap to <$2500. It's not too late, you can still short it here and make good money. In fact, chances are it's going even way lower than $2500.

<$2500 based on what?
jr. member
Activity: 154
Merit: 8
SODL
People don't use their brains. I mean, come on, btc failed as a payment system, it doesn't scale, LN is a joke, that will never work, less and less shops are offering it, transactions are still declining, social media platforms are banning it and quite a few countries banned it already and it's doing a HORRIBLE job as a 'store of value'. I mean what's there to like? Why would anyone want to buy this crap? All those idiots here who are long 'because bitcoin always goes up' are getting KILLED.

I'm short at $18.000 and am going to ride this crap to <$2500. It's not too late, you can still short it here and make good money. In fact, chances are it's going even way lower than $2500.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
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.
jr. member
Activity: 266
Merit: 1
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.
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