Topic: Low BTC price is good for Bitcoins at the moment. - page 33. (Read 30557 times)
It seems to me that many people do not think now that Bitcoin is cheap. It seems to me, BTC has started a very long rally to reach finally the maximum.
Some people are rejoicing when coin falls, but I am not yet so strong to inspect that and believe, so I just panic sell my portfolio in the case.
Amen! Personally, i viee the downfall of prices of crypto currencies as a coin sale in the market. Coins that you can never afford becomes affordable that you can even buy two of more. I beefed up my portfolio when the price was down and now I'm seeing pure profits in my end.
I do not agree with this. I do not agree that BTC low prices are good for Bitcoins at this time. What we need here is how Bitcoin will grow in the Cryptocurrency market. Let's not for the sake of personal gain to think that Bitcoin should be at a low price so that others will not choose Bitcoin as a job. Bitcoin needs to be popular, which will help Bitcoin add value. Bitcoin must be of high value so that people who work and collect Bitcoin will be profitable depending on their level of employment. Please for the sake of the community.
That's is a true, when people see that they can do some money with easily way, they do that. So in crypto we can see the same situation.
Nah, you don't need people who join the rally just because the bitcoin's price is low, they are sepculators and will most likely sell away their coins when they feel that they turned into a good profit, they won't hold their coins for the long run, unlike people who really believes in the techonology.
We should try to attract people who actually uses the bitcoin to buy stuffs over the internet and who are aware of the benefits that using bitcoin provides
We should try to attract people who actually uses the bitcoin to buy stuffs over the internet and who are aware of the benefits that using bitcoin provides
I don't think that's true, when we see a big influx of new users is when the price increases a lot, media writes more about bitcoin, people see price increasing and wants to get in the train, when the price is low the usual players take the opportunity to increase their positions.
The same concept applies to potential users. When an existing player, explains how bitcoin and market really work to a friend (potential user) and that person took interest on investing in bitcoin and waits for a lower price that the existing players will suggest to him.lower price may get the interest of certain people who are waiting, but most people wait too long. they always buy when the price is going up as they see it as a good sign. these people don't have the balls to buy when the price is going down.
These are just people who are riding the hype and investing blindly and pretty soon will spread FUDs about their experience in crypto.
At that point maybe yes, but most of people were attracted by the beginning of 2018 when price was insanely high 
I agree if bitcoin is down the price it is the right time to invest. I've proven the advantage by investing when bitcoin is priced at $ 7000 more or less, and now the bitcoin price is almost touching $ 10,000.
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I think low price of bitcoin can never encourage people especially those newbie because they don't have any idea on how are they going to deal with this situation. So I believe bitcoin awareness among them especially those people who were disoriented about bitcoin was really effective in encouraging them.
You are absolutely right mate, a lot of people who are grabbing the opportunity to buy full bitcoin when the price are low and there is a big opportunity to gain more profit if the price will pump up. Being high volatile of the bitcoin price is one of the characteristic of the bitcoin that you need to understand.
Well i agree that a low price pretty much isn't seen as an opportunity but as a reason to get out. I don't know but this applies to a lot of people. Though it almost certainly shakes off the weaklings which in the long run will strengthen the market.
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
we'll see how the development of bitcoin in the future, whether it will decrease continuously or will experience more altitude. so we do not need to be inferior. Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I think low price of bitcoin can never encourage people especially those newbie because they don't have any idea on how are they going to deal with this situation. So I believe bitcoin awareness among them especially those people who were disoriented about bitcoin was really effective in encouraging them.
You are absolutely right mate, a lot of people who are grabbing the opportunity to buy full bitcoin when the price are low and there is a big opportunity to gain more profit if the price will pump up. Being high volatile of the bitcoin price is one of the characteristic of the bitcoin that you need to understand.
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I think low price of bitcoin can never encourage people especially those newbie because they don't have any idea on how are they going to deal with this situation. So I believe bitcoin awareness among them especially those people who were disoriented about bitcoin was really effective in encouraging them.
lower price may get the interest of certain people who are waiting, but most people wait too long. they always buy when the price is going up as they see it as a good sign. these people don't have the balls to buy when the price is going down.
But as per perfect-investment-plans criteria, you should not buy all at once. It means you should expect prices to go down to buy more at any level. If you are following this, you will never run out of money to buy again when prices are going down.low price of bitcoin if good for us too, we can buy more bitcoin with our money to makes investment, as long we trust in bitcoin will rising up we should buy bitcoin as many as we can when the price is low, we can see that last week the price of bitcoin is lower than now,and right now the price of bitcoin will back to normal price around $10000++
That is the main essence which is trusting in the long term of what you are holding and believing that we aren't even going to have any stall in growth as far as this market is concerned. The thing is that the market will always respond most times the way it is being perceived, so the little fluctuations in between are very normal and some of the things we cannot avoid anyway. Hopefully with this movement, we will get to see the value of bitcoin hitting $10000 in the next few days. 
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I wish i can turn back time and buy lots of coins in this year whe the price is really low,but i dont know cryptocurrency that time..if only theres someone introduced me this i think im more than richer now..wondering how much bitcoin this moment?but today price of bitcoin cannot be afford of simple living personIt is just quite unfortunate we cannot because if we could, we would have cheated the mother nature a whole lot right from the onset and probably we would have even gotten lost in time like some of the movies we usually watch. However, we have this time and for me, it is good enough.
A time will come when some people would wish they accumulated as much as they could in this time that we are presently, and that is how it would keep being.
For bitcoin, not only is its low cost quite good in that more people can buy it because of its low price. Bitcoin at low prices can not prove itself as a financial bubble. However, the lack of growth of bitcoin negatively affects all other crypto currency, because they are for some reason rigidly tied to the corresponding movements of bitcoin. This is still one of the biggest problems of crypto currency. Each type of crypto currency was issued as a closed system, which is able to exist independently. Therefore, the lack of its free market price has a very negative impact on the entire crypto currency.
Lack of growth will never affect other cryptocurrency. There is actually a difference between growth and a huge bull run. I personally would have preferred slow growth for bitcoin which apparently would have come with adoption and some few little corrections.But the type of growth we had last year, usually result to a deep correction like the one we just had but it is normal to get to see things like this once in a while and we really do not need to sweat it. Compared to $20k levels, the current price of bitcoin is low. If OP has meant it then I must agree to him.
Dispute. Many on the contrary, sell their bitcoins because of its low price. Capitalization of cryptocurrency increased exactly with the growth of Bitcoin. Many to visit believe that he will rise again and, as I have already noted above, sell it.
No matter what people want to believe, either negative or positive, it will still affect bitcoin in one way at the end and that is it would keep growing as long as many people keep understanding its usefulness far more than what fiat system would ever offer. Low price though is always good for accumulation and whichever way, those who have always believed in the growth of bitcoin in the long term will always use that means to keep transacting and holding as much as they can, but one thing we can surely not run away from is the bull run once in a while. Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
Yep. Curious people right now can really fully invest into bitcoin because from $15k to $8k is not really bad. It is a bit of a gamble if you will have profit or not but it's worth the try, the lower the price of bitcoin the higher and the more chance of it to go up. It is doubled when it goes up so it's worth the investment. This is an opportunity for bitcoin experts also because this is the time they've been waiting for because this price drop will give them the profit, not in an instance but yeah it's something.
As for my point of view, this is not the time for bitcoin to go up high. Because when bitcoin is high, people are less likely to invest. And market capitalization will not go up to the highest level it can achieve this year.
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
Honestly mate, i did buy btc for a good purpose like other did. As what we all encountered btc is good to buy at this point.
On the contrary, low btc price will not attract new people but the ones who already know how the buy low sell high system works. New investors will be drawn when btc is soaring and would probably make the common mistakes people did last december. For us holderd though who've been used to the market movement, then it's a chance to stock up more btcs
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