Should we buy now or sell? - page 14.

BlockHazard

newbie

Activity: 49

Merit: 0

Quote from: CryptoKranthi on September 15, 2017, 04:44:52 AM

What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell? And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful

2000 or $ 1000 dollar? wow hell NO.. not like that. maybe 3000 dollars is the best floor to buy. and hold it,

tyuner4

full member

Activity: 322

Merit: 179

I split my money into a few portion and buying every time BTC price drop so that i don't miss the train

Wind_FURY

legendary

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Merit: 1823

OP, if you are unsure on what to do and at what price to buy, just make a very low bid and do not worry about it. Like Sjonnebonbon01 said, $3000 is a psychological barrier. If that breaks, await all the "Bitcoin is dead" threads once again.

But I would not place my bids at $2500 - $2600. I would go lower to $2000 - $2300. The "Chinese Bitcoin Crisis" will not be over in a week. It will take a while until the PBOC has announced what their intentions are.

richardivan

sr. member

Activity: 321

Merit: 251

Quote from: Sjonnebonbon01 on September 15, 2017, 05:11:39 AM

You can start buying, but I don't think the bottom is reached yet. $3.000 dollar is in sight, a psychological barrier and may cause another drop.

I have set up buy orders at $ 2500 and will also buy ETH and LTC with it.

In my opinion it's better to hold your money till 30 Sept, until that day we only need to watch and learn the bitcoin's graphic. Then after 30 Sept it's time to decide buy Bitcoin or buy altcoin

colossus

full member

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Obey me and live or disobey and die.

I think now it is better to wait and watching, not a good time for trade

Sjonnebonbon01

newbie

Activity: 43

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You can start buying, but I don't think the bottom is reached yet. $3.000 dollar is in sight, a psychological barrier and may cause another drop.

I have set up buy orders at $ 2500 and will also buy ETH and LTC with it.

susila_bai

hero member

Activity: 1260

Merit: 524

Quote from: Evansloin on September 15, 2017, 05:00:44 AM

You can buy if you want now, but i would advise you to wait for bitcoin to fall even harder, because you can make more money that way. I think that bitcoin will fall very hard and that one of the altcoins will rise up and take over the place of bitcoin. So you can also invest in some altcoins. Lite coin for an example is the sleeping giant.

What you are telling is true that their may be more price drop in btc but what if it got support at 3000 level and bounce back, so if you are going to invest then buy little now and if their is more sell then buy some more that time which is good buying strategy.

Evansloin

member

Activity: 87

Merit: 10

You can buy if you want now, but i would advise you to wait for bitcoin to fall even harder, because you can make more money that way. I think that bitcoin will fall very hard and that one of the altcoins will rise up and take over the place of bitcoin. So you can also invest in some altcoins. Lite coin for an example is the sleeping giant.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

Quote from: CryptoKranthi on September 15, 2017, 04:44:52 AM

What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell?

i think it is neither. it is best to watch the market only. the direction is not at all clear. there should not be any more drop but yet there it is out of nowhere, whales dumping now since there is no more weak hands left to shake out anymore.

Quote

And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful

under 1000 is just not possible some irreparable damage needed to go that low!
below $2000 is also the same story in my opinion. there is no reason for that either. it is just Chinese regulating their exchanges more! this reason must not have even caused a drop this big.

CryptoKranthi

full member

Activity: 182

Merit: 100

What's actually happening with bitcoin? Market is collapsing hugely.Is this the better time to buy or sell? And will it goes under 2000 or 1000? If so should we buy then? Suggestions would be helpful

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