Is this right time to re-enter into Bitcoin? - page 10.

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: ritikasimi on May 22, 2018, 04:53:29 PM

I was thinking is this right time to buy some btc or wait for more dip..

How do you expect someone to know when the price will drop? about this: "Is this right time to re-enter Bitcoin?" Do you do day trade or do you want to buy and hold for a long time? You will know what to do depending on your answer.

Quote from: Ararbermas on May 24, 2018, 03:38:28 AM

you must wait for more dip before entering again.

the situation is not good, but I expect the price to recover, so we need be more optimistic and do not twist for the price to fall. because the more we fall, the more panic we will have

eagle10

sr. member

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It is up to you if you are going to buy now, we don't know if it is going to go up tomorrow or will still go down. It is still a good buy the dip because bitcoin came from 8000 and that's already low considering you buy at 6K. So my guess is that it is already a good time to buy now your bitcoin.

The cure

jr. member

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Quote from: ritikasimi on May 22, 2018, 04:53:29 PM

Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment

I think now is the right time to buy bitcoin,you shouldn't wait or expect that it will contnue falling into more dip. How about if it will start now to rise up,grow and grow up more,and never go back down on that dip. Take the opportunity right now,it comes once.

biogesic

jr. member

Activity: 170

Merit: 9

If you are going to sell on a bounce, then good. Else it still has a lot of room to drop. Like to other guy said, you could start scaling in anyway, buy more if it drops lower.

ArkiCrypto

member

Activity: 238

Merit: 33

Since today the price of bitcoin drops yes you can enter whenever you like in this dip but there are some things that may happen after you've bought a bitcoin at this dip

1. After you buy it may increase.
2. After you buy it will continues to decrease.

It's like a gambling wherein you don't know what will happen after you purchase a bitcoin.

But there are some articles about entering bitcoin but this is much more in trading but I think this would help you to enter buying bitcoin at the right time. Here is the link to it (But you can you can do a research on your own too):
https://steemit.com/bitcoin/@thetopiciscool/bitcoin-for-beginners-top-7-chart-patterns-for-epic-entry-point-gains

shanewolff

newbie

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This is a very rare opportunity as I see it. because this may be the last time to buy under 8000$ and now market is already recovering, most alt coins showing Green and BTC is up a little too, if you are going to buy this is the best chance to buy at this value.

jsrenthourse

member

Activity: 238

Merit: 10

Quote from: ritikasimi on May 22, 2018, 04:53:29 PM

Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment

I think that at this time bitcoin prices will probably continue to fall, so you should not buy bitcoin at this moment, the market is constantly fluctuating and difficult to guess, so to be able to trade into The public at this time is very difficult. According to my analysis, bitcoin prices will continue to fall and may reach $ 7100 today, so you need to be very careful when trading.

2@abcdeeply

newbie

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Quote from: damberg on May 24, 2018, 06:49:04 AM

For those who exited Bitcoin positions in December last year, it might be a good pick. Personally, I would take advantage of low Ethereum price which I believe has great upside potential in the mid- and long-term.

Yes. This rebound will be as deep as the previous one in April 2018. The BTC will fall below $ 6,000 and the ETH will fall below $ 400. This is the right time for us to jump into this Crypto market. Be sure to buy in and the price of the altcoin will increase again. Do not be too anxious to ignore the rare opportunity.

Maus0728

legendary

Activity: 1904

Merit: 1563

Yeah? I think this is the right time to enter the bearish market of bitcoinBTC, I have read an article that the reason why bitcoin is in downward trend because a group of people exploited a bug on oKEX where token transfer from account a to b did not result in token being removed from account a. They obtained a large amount of bitcoin and sold it in succession.

jagdeepjd

sr. member

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Quote from: ritikasimi on May 22, 2018, 04:53:29 PM

Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment

Bitcoin has been correcting from last few days today we saw a sharp bounce from 7200$ support I think if you wanna buy you can place bid round support of 7200$ and also 7050-7100$ zone it could go down momentarily to those points as per my analysis.

ASHLIUSZ

hero member

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Quote from: TheDarkRide on May 24, 2018, 10:19:14 AM

Now the price are in the down trend. Wait for a bit and if the price seems to up again slowly, then that is maybe the best time to buy. Just my own experience btw!

Agreed, but as the price is low it is good to buy now than waiting. Because till date price of bitcoin has fallen low, and the same has grown high over the days after the same. This time too, the same will happen. Maybe the time period to achieve bigger price might vary depending on the market circulation marking the current scenario best for buying.

TheDarkRide

sr. member

Activity: 476

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Now the price are in the down trend. Wait for a bit and if the price seems to up again slowly, then that is maybe the best time to buy. Just my own experience btw!

Marnihughes82

member

Activity: 363

Merit: 10

I also think this is a good time to buy. But I bought all the money when bitcoin was down $8k. I set the wrong time to buy

shone08

sr. member

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Quote from: taiwww on May 24, 2018, 07:11:04 AM

Quote from: ritikasimi on May 22, 2018, 04:53:29 PM

Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment

Why not? When the crypto currencies are all the way down to almost 40% in total marekt value then why is this not the good time? Off course it is the perfect time to buy the bitcoin and other coins too. You will keep seeing this kind of dumps all the time but being smart is the game here. You buy at this dip then you sell it when it goes little higher. After few days or lets say weeks bitcoin will drop one more time and thus you can literally get more profits by repeating this procedure.
For me this is pure profit making opportunity and one should not let it go. Tongue

If you are long term investor then Yes it is the best time to enter in bitcoin world becausr the price are continue to falling down and it touch the level of $7000+ but I notice in bitcoin chart the price will continue to down and the possible touch are $6k to $7k level.
Hoping in this coming june the price will pump up to see again the green day.

nganhang

brand new

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I think buying bitcoin at 6700 - 7400, and hopefully in July the price is 9000

Hillthy

newbie

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I have watched the market value in the last two days. It seems that the red zone similar to the time of bitcoin fell to a value of $ 6k5 in March. Market situation is in the red zone - suitable for investment right now. At the previous time. When the bitcoin moves down to 6k5, a modulation has created a very strong oscillation which gives rise to a bitcoin rate of > 8k. If it happens as predicted by me. The next bitcoin price will jump to $ 11k

Bezobraznike

sr. member

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★Bitvest.io★ Play Plinko or Invest!

Quote from: taiwww on May 24, 2018, 07:11:04 AM

Quote from: ritikasimi on May 22, 2018, 04:53:29 PM

Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment

Why not? When the crypto currencies are all the way down to almost 40% in total marekt value then why is this not the good time? Off course it is the perfect time to buy the bitcoin and other coins too. You will keep seeing this kind of dumps all the time but being smart is the game here. You buy at this dip then you sell it when it goes little higher. After few days or lets say weeks bitcoin will drop one more time and thus you can literally get more profits by repeating this procedure.
For me this is pure profit making opportunity and one should not let it go. Tongue

Ritkasimi I always point the same thing, it`s great time for buying many coins or tokens
now when prices are low. Market will recover in some point, maybe not so fast like many
wish for.
Who is holder like I am, will buy in any time. I like when I can buy in dips and I always
take opportunity to buy for lower price. We are again on $7500, I prepared my money to buy
at $7k again.
I think this drop is good for those who sold at $9800 week ago, they will soon buy back
Bitcoin and price will grow again. Who can feel where is bottom can make a lot of money from
day trading.

taiwww

sr. member

Activity: 588

Merit: 257

Quote from: ritikasimi on May 22, 2018, 04:53:29 PM

Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment

Why not? When the crypto currencies are all the way down to almost 40% in total marekt value then why is this not the good time? Off course it is the perfect time to buy the bitcoin and other coins too. You will keep seeing this kind of dumps all the time but being smart is the game here. You buy at this dip then you sell it when it goes little higher. After few days or lets say weeks bitcoin will drop one more time and thus you can literally get more profits by repeating this procedure.
For me this is pure profit making opportunity and one should not let it go. Tongue

damberg

full member

Activity: 658

Merit: 108

For those who exited Bitcoin positions in December last year, it might be a good pick. Personally, I would take advantage of low Ethereum price which I believe has great upside potential in the mid- and long-term.

Hemady17

member

Activity: 505

Merit: 35

Quote from: ritikasimi on May 22, 2018, 04:53:29 PM

Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment

Buying BTC during falling is not the correct strategy for entry. Never buy during the downtrend you need to wait until the movement reverse to uptrend. You need to identify the resistance 2 level in order for you to know if the trends already reverse. You need to be very careful in this entry many trader fails to know the correct level of entry.

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