Topic: Is this right time to re-enter into Bitcoin? - page 11. (Read 912 times)

maybe you should wait for another dip, i think btc is heading to $7100k this coming days.. and maybe you could made nice profit there if you wait for another dip again.. that's what i thought

 you must wait for more dip before entering again. 'cause it seems the market still on bearish which is not a good idea to jump, so start to accumulate more now while the growth rate still in bad situation. Then buy to gain more profits if you noticed its starting to climb gradually.  But i suggest to always monitor the market to avoid such issue 'cause the market always fluctuate and very unpredictable so must monitor always to prevent losing money and especially to get the right timing to buy and sell.

This is a major pullback. Much like what happened after btc hit $700, and fell back to $200. That lasted almost 2 years. I'd expect btc to stay in a trade zone for quite awhile.

If in buying, definitely its a good come back but in terms of selling it, definitely not. I don't see any reason to do panic selling today, this will only be the chance to those who want to enter or re-enter the market so grab the opportunity until its there.

we should wait till weekend. the market is too crazy now. people are so panic. they panic buy and sell. if we join and buy bitcoin this time. totaly risk

I see the decrease will still happen, be patient a little bit to buy, i still leering for 2 nor 3 days ahead. Btc still keep trying its best but few times failed.

As someone who has traded for a very long time, and seen almost everything.. one thing I'd like to stress to you is you will never catch the absolute bottom or top of anything, and worrying about the min-max of these structures will get you more in trouble than it will help.  Worrying about catching it at the right time, after all, is emotional and should be avoided at all costs while trading.

80% of trading is just buying generally at the right time, and having enough patience to wait for the bottom to be found and reversal if you miss a bit...

With that said though I do think 7100-7200 is a safe entry if it reaches and set a stop loss at 6800 in case we break out of this symmetrical triangle.


Or buy some now, and save more for later. even if you miss some of the BTC bottom, you can dump it into simultaneous dumping alts (dumping at a much faster rate), and sell on the correction from the oversell panic and make up the difference that way (as long as you don't get greedy and only take a few percents,  this should be safe.  I do think Asymmetrical structures in a bear market tend to break to the south side though, so you may want to buy at 7100, then swing trade to top of triangle to sell , then rebuy on the breakout, or stay out of the market til bottom of symmetrical triangle is retested.   Be safe out there.. but in combination.. don't worry or panic over a few hundred dollars.  

I guess it will not touch the 6000 price it's too deep.
this is just the impact of an issue and this situation will not last long. but if you have the courage to buy altcoin and profit from trading.

Hopefully it will already reach that point.The current price today is a perfect time to buy potential coins in their cheapest price and hold them after because for sure btc price will soon to increase in just a matter of days.Just keep your patience so you will gain a good profit in time.

I think that you can buy bitcoin at this moment, the market is fluctuating continuously and it is hard to guess, bitcoin price is in short cycle in short term so in order to continue to increase strongly, the bitcoin price must Take this cycle off. According to my analysis, the bitcoin price will fall to $ 7400 then it will immediately adjust and recover very much to the $ 10000 mark.

Not really. If you look at the status of Gox coins, the last transaction was on the 10th of May, so he sold a day later (sharp spike on the 11th), after which the prices have stabilized and on the 22nd and 23rd we had another huge dump, this time from panicked holders who were cutting losses scared of another dump by the trustee, but that did not come.
Is it temporary? I'd say it's not, the pattern will repeat once we get closer to 10k again. He has plenty more coins to sell and will keep crashing the price until he sells it all. This could take another 6 months. https://www.cryptoground.com/mtgox-cold-wallet-monitor/

If you believe this coin you can invest know or if you know this go down in future you should wait for the dip. But bitcoin is always promising platform so we can invest anytime in Bitcoin because next month this will going to moon. So wait for the continuous dip as soon as possible you can invest  this coin.

Why 5k? Because a retracement line passes somewhere along that point? We have defended 6k twice already and there are no negative news that would trigger a panic sell. If a low volume bleeding continues you can be sure that we'll bounce back of 6000 USD again. Only another huge selloff like the one from the Gox trustee could break the support and he said that he isn't going to sell low like that and is going to wait for ~10k.

I believe that you can buy bitcoin right now, you can see that the price is going up continuously and bitcoin prices are constantly decreasing, according to my analysis, bitcoin price could drop sharply and hit the mark. $ 7600 today. So you can wait until that time to buy bitcoin, bitcoin price after touching the $ 7600 level will be able to recover very strong and may reach the $ 10000 level.

That’s true but you can still wait for more days and expect a little more dump up to $7k level. Also buying today with butcoin is already a good decision since the price will go high in the coming months. This is just a temporary dump so better to grab this opportunity before its too late.

That depends, but it may be is, depending on your personal situation. If you feel that you can swallow and carry the current price point as a price for investment, then go for it. But, the only consideration I would suggest is if the movement and trend supports so. I mean, check how it's value is decreasing. You have to ask, (1) Has it been happening for a couple of weeks, thus making it not a temporary movement?; (2) Is your money enough to get you a substantial amount so that you can do business with more freedom?; and finally, (3) Do you actually have enough money? If all the answers are yes, then it may be the best time.

The sudden sharp fall of bitcoin is due to the mtgox bitcoin wallet now been sold. It is temporal and very soon the price will keep going up. Is best to buy now

Wait for 5k then buy

You know when a true low has arrived when everyone is too dejected or bored to buy it. That certainly isn't the case at the moment. There's no shortage of confidence still. The bubble has popped but I see little to no proper gloom. It's possible we may already have reached the low but that seems a bit too neat to me.

And why does it need to be all at once? Buy a bit at a set time every week or month and you may end up better off in the long run. It's a risk too but at least it's been spread.

Yes, the best time of buying bitcoin has come again. Maybe this the last time when you can buy bitcoin at low price. After this, bitcoin may rise to sky high. So, grab now before late.