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Topic: Are we gonna see Bitcoin fall back a bit for those who wish to invest? (Read 534 times)

full member
Activity: 266
Merit: 222
Deb Rah Von Doom
I have to cancel them all if I want to get into a trade at the current price. Then place them all again before I go to sleep. Maybe I could just leave the little 10 and 100 orders on there though.
full member
Activity: 287
Merit: 101
To be safe I never go to sleep without orders at 8000. 5500, 3000, 100, and 10 (in case of exchange liquidation). You can just set orders and not have to worry about watching the market 24/7

Do you have to reset them every day? And what exchange are you using? Sounds like a good idea!
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
To be safe I never go to sleep without orders at 8000. 5500, 3000, 100, and 10 (in case of exchange liquidation). You can just set orders and not have to worry about watching the market 24/7
legendary
Activity: 3472
Merit: 10611
the price has fallen now, so we are in a dip after a rise (a correction if you like) but it may not be the last of it. i am afraid this rise was not so healthy as the rise up to $8000 or even to $10,000. i am still expecting a drop below $10k. but here is what i would do if i were you:

right now price is stable around $15k. wait and let it be there but watch the market.
if price went up and broke the resistance then buy but if you did that you should be careful not to fall for bull traps.
if the price went down then my expectation was correct and i would place orders below $10k because i am greedy. in this case you should again be careful not to buy on the way down but buy at the bottom and at the same time not to be too greedy and wait for a long time and miss the chance to buy.
hero member
Activity: 1666
Merit: 753
Bitcoin's current price is: $18.275.40 USD
that is off the charts!
Are we gonna experience a slight fallback to ~$12K or will this steady rise last long?
thanks for posting

We're experiencing the pullback right now as we speak.

I doubt it'll last as long as some people think it will, though. I think at absolute worst scenarios it's going to hit what you said, $12k. However support is actually quite strong at the $13-14k marks so i don't think that it's necessarily even going to happen before another pump just takes this thing to $18k+ again and potentially create new all time highs just like the last pump.

But just as others said, it's unpredictable as hell in a bubble. You never know, honestly.
sr. member
Activity: 742
Merit: 253
Of course there will be a time bitcoin price is going to fall back, it is impossible for everybody to just buying without selling, but I suggest dont keep on waiting the price to go down, take action, buy and hold, for sure you will get profit in a long term, you will missed your chance if you keep on waiting for the price to become lower
currently bitcoin is very unpredictable. buy and hold is the best way to get a long-term profit, although today the bitcoin price has hit a fantastic price, but it will still go up. along with the depletion of inventories already in the mine
hero member
Activity: 2240
Merit: 848
I agree with you mate, that is what really happened during the last few hours.

And a lot of people were saying, oh no, it is going to drop below $10000 for sure, they all were wrong with that.

$12k could happen, but perhaps the correction we saw from $17k back to around $15k was already a large enough correction to push us over to the next rally.

It is not going to drop, and if it falls, then it will be just a dip of no more than $3000 or so, so dont be afraid people.

If you have just entered the market, then you should know that after a rally, there is a dip, and after that dip, there is a big rally again, and this proccess is a whole cycle that has been repeating since february, so dont be scared of it.

I think that once that it touches $20,500 it will fall to $18,000 or less.



Yes exactly.

OP, there's not gonna be some big crash that happens so people can get in super cheap, because everyone wants to get in cheap, and cheap right now is like $13k-$14k. It was cheap in the middle of the night sometime last night. My dog woke me up and I saw the price dropping down under $14k. If you wanted to buy in cheap that was probably your best bet. There might be another drop a little bit lower but it isn't gonna go much lower than that and if it does it's not gonna last longer than minutes or hours.

Buying at $15k-$16k levels should be good right now, maybe leave a little spare money in case it does drop back down temporarily to $12k-$14k.
hero member
Activity: 840
Merit: 501
Of course there will be a time bitcoin price is going to fall back, it is impossible for everybody to just buying without selling, but I suggest dont keep on waiting the price to go down, take action, buy and hold, for sure you will get profit in a long term, you will missed your chance if you keep on waiting for the price to become lower
hero member
Activity: 849
Merit: 507
I agree with you mate, that is what really happened during the last few hours.

And a lot of people were saying, oh no, it is going to drop below $10000 for sure, they all were wrong with that.

$12k could happen, but perhaps the correction we saw from $17k back to around $15k was already a large enough correction to push us over to the next rally.

It is not going to drop, and if it falls, then it will be just a dip of no more than $3000 or so, so dont be afraid people.

If you have just entered the market, then you should know that after a rally, there is a dip, and after that dip, there is a big rally again, and this proccess is a whole cycle that has been repeating since february, so dont be scared of it.

I think that once that it touches $20,500 it will fall to $18,000 or less.
hero member
Activity: 1526
Merit: 596
Bitcoin's current price is: $18.275.40 USD
that is off the charts!
Are we gonna experience a slight fallback to ~$12K or will this steady rise last long?
thanks for posting

Most probably, we will see some sort of fallback before the next rally.

$12k could happen, but perhaps the correction we saw from $17k back to around $15k was already a large enough correction to push us over to the next rally. I have no idea what exactly is going to happen but if you want to invest in BTC for the long term you might as well start doing it bit by bit with your money now.

Don't always wait because you'll probably miss the bottom. Instead acknowledge that you probably will never time it 100% right and buy 5% every single day until you get up to your goal.
sr. member
Activity: 602
Merit: 250
So do you want to see bitcoin going down because you are sorry for those who didn't invest before? I am sorry  buddy, but that is not going to happen.

Everybody had thousands of times to join bitcoin, on november 12nd, the price felt from 6900 to 5200 in just matter of hours, in just a night, a lot of people had a chance to buy at that rate, but everybody was saying "no, dont do it, it will be crashing soon"

and they always have been saying that it was going to crash.. if they haven't purchased a single bitcoin yet, then dont do it, because they are suddenly going to be the first ones who are going to be scared if the price goes down for a little.

Like those who are creating useless threads everytime that bitcoin goes down by $1000 asking this ; "bitcoin felt by $1000, is it the final crash?"
c15
member
Activity: 204
Merit: 10
Bitcoin's current price is: $18.275.40 USD
that is off the charts!
Are we gonna experience a slight fallback to ~$12K or will this steady rise last long?
thanks for posting

a drop from $18k to $12k is not called a "slight fall back", that is a 33% drop which is the common big crash that bitcoin has after it has some massive rise followed by some FUD campaign causing a crash.

a "slight fall back" is what happened in the past 12 hours. according to BitStamp price went up to $16,667 and then fell down to $14,239 which is a 14.5% drop. if you wanted to invest, you should have done it then and there an enjoyed the recovery and the possible follow up rise.

apart from that, if you want to be absolutely safe then wait until a big drop happens which will show the end of this bull run and then buy in that drop. such drop/crash will last a couple of days at least. but it may be longer too.

Well it really is possible to suffer a dump anytime now because that is how volatility works. Bitcoin's price will not always be this high and it is just a matter of time before bitcoin crashes again. The crash will depend on how the market will do after the next days or months and of course we always talked about possibility when it comes  to cryptos because no one really knows what will happen. 

"Never let your guard down" and be updated with the important news about bitcoin and the other tokens.  This will help in deciding whether to continue to hold or somehow might be a good chance to sell.
What is wisdom brother? As i want to buy one for sure, buy one today or wait "like" one month?
sr. member
Activity: 448
Merit: 250
Bitcoin's current price is: $18.275.40 USD
that is off the charts!
Are we gonna experience a slight fallback to ~$12K or will this steady rise last long?
thanks for posting

a drop from $18k to $12k is not called a "slight fall back", that is a 33% drop which is the common big crash that bitcoin has after it has some massive rise followed by some FUD campaign causing a crash.

a "slight fall back" is what happened in the past 12 hours. according to BitStamp price went up to $16,667 and then fell down to $14,239 which is a 14.5% drop. if you wanted to invest, you should have done it then and there an enjoyed the recovery and the possible follow up rise.

apart from that, if you want to be absolutely safe then wait until a big drop happens which will show the end of this bull run and then buy in that drop. such drop/crash will last a couple of days at least. but it may be longer too.

Well it really is possible to suffer a dump anytime now because that is how volatility works. Bitcoin's price will not always be this high and it is just a matter of time before bitcoin crashes again. The crash will depend on how the market will do after the next days or months and of course we always talked about possibility when it comes  to cryptos because no one really knows what will happen. 

"Never let your guard down" and be updated with the important news about bitcoin and the other tokens.  This will help in deciding whether to continue to hold or somehow might be a good chance to sell.
full member
Activity: 476
Merit: 105
The rollback will sure happen, but the question is - when? On December, BTC is jumping near the mark of 16K, and there is always a chance that is call fall suddenly.
newbie
Activity: 56
Merit: 0
I think Bitcoin price absolutely will increase. There is no other option.
Bitcoin price increased % 484.45 in 6 months. EVEN GOD CAN NOT STOP BITCOIN Wink
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
Bitcoin's current price is: $18.275.40 USD
that is off the charts!
Are we gonna experience a slight fallback to ~$12K or will this steady rise last long?
thanks for posting

a drop from $18k to $12k is not called a "slight fall back", that is a 33% drop which is the common big crash that bitcoin has after it has some massive rise followed by some FUD campaign causing a crash.

a "slight fall back" is what happened in the past 12 hours. according to BitStamp price went up to $16,667 and then fell down to $14,239 which is a 14.5% drop. if you wanted to invest, you should have done it then and there an enjoyed the recovery and the possible follow up rise.

apart from that, if you want to be absolutely safe then wait until a big drop happens which will show the end of this bull run and then buy in that drop. such drop/crash will last a couple of days at least. but it may be longer too.
hero member
Activity: 2870
Merit: 594
Bitcoin's current price is: $18.275.40 USD
that is off the charts!
Are we gonna experience a slight fallback to ~$12K or will this steady rise last long?
thanks for posting

Short term, of course a fall back will happen, its just the question on when, or even how can someone take it when they all buy at the top price. LOL. Its almost $18K looking at coinmarketcap, the price is really going up and its scary, at least to me. Can't really fathom that idea that we are going to break $20K this year because of all the bitcoin future contracts madness. It's really the main driver now. Dec 10 and Dec 18 are another milestones for bitcoin. So expect the price to continue around this date and maybe we will see if this is sustainable or not.

Just to answer the OP, I don't see any fall back up until Dec. 18. But if this bitcoin future contracts turns out to be not good to our ecosystem, I'm then expecting a slight fall back to ~$10K, but if investors keeps on buying because they don't want to miss out (FOMO), then we might hit more than $20K at the end of the year. So just continue to Hold, its the best and logical choice we have.
c15
member
Activity: 204
Merit: 10
Bitcoin's current price is: $18.275.40 USD
that is off the charts!
Are we gonna experience a slight fallback to ~$12K or will this steady rise last long?
thanks for posting


No i dont think that there will be a fallback later this season or even the next year to come, the price of bitcoin will continue to rise as new big companies in the US are coming to bitcoin and this means more investor for bitcoin the more its price rises.
i share the same belief
full member
Activity: 182
Merit: 100
Bitcoin's current price is: $18.275.40 USD
that is off the charts!
Are we gonna experience a slight fallback to ~$12K or will this steady rise last long?
thanks for posting


No i dont think that there will be a fallback later this season or even the next year to come, the price of bitcoin will continue to rise as new big companies in the US are coming to bitcoin and this means more investor for bitcoin the more its price rises.
sr. member
Activity: 1274
Merit: 263
not quite sure about what will happen in the next few days/weeks because right now we're running like a crazy,
let see how far it will go until the date of the listing that will happen at Dec 18 later,
if we get listed in there and the price keep moving upward i believe there will another run that will last for a month or two.
but if the price goes down when we get listed in there i believe there will be a correction that will happen in the next few weeks until we hear the exact date about the news that will happen in Q1 2018 next year.
if we're moving downward i believe the price will be fall to around $7000 more or less and slowly moving upward.
it has a possibility to reach $5000 or even lower than that if we're lucky enough when the down begin but it will only last for a few minutes absolutely.
i do not recommend to buy it right now because it's ridiculously high,
of course it does not matter if you're buying it for holding(holding it for more than 5 years),but if you want to do the shortrun or midrun i do not recommend to buy it right now.
wait for the correction that will happen in the next few days later(more likely correction will happen).
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