Should we wait for a big drop in BTC? - page 11.

minersday

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Quote from: iTradeBit on November 16, 2018, 08:45:08 AM

Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?

It won't, but in that case, i am going to invest a bunch of money on it, i really believe on bitcoin and the way that it works, but it would be a little bit sad for all the people that invested before.

But yes, even buying at this price is highly profitable if the price goes back upwards later.

But who knows? No one.

TheLoser

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More recently, everyone said that Bitcoin has reached its bottom and growth will begin soon. But it turned out the opposite and Bitcoin flew to the bottom. I do not know what the forecast for the price, but I think that Bitcoin may continue to fall.

Nasty23

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Quote from: PeRo on November 16, 2018, 05:10:42 PM

There might be a decline, but I don't fear it. It could be a really good chance for a huge profit. Only few people get it, but these declines are actually good, you just have to be calm and aknowledge that Bitcoin can't just die like the popular belief says, it always comes back stronger than before.

Yes it could be a really good chance because everyone have a chance to bought bitcoin on its lowest price that will surely give us a huge profit in the future, just be patience and hold it because the adoption of bitcoin is still continues that in the future it will bring a lot of investors that makes the price grow and reach new all time high.

gentlemand

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Quote from: Zin-Zang on November 16, 2018, 03:43:43 PM

Quote from: iTradeBit on November 16, 2018, 08:45:08 AM

Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?

Don'y buy in until ~$3000 , but be willing to hold for 4 years or longer as a drop to $1000 is not out of the possibility.

FYI:
Faketoshi says BTC will be dead next year.
*Never Invest more than you can afford to lose.*

Wow. Guess we should all go home. Looks like it's all in the bag.

I would hope that anyone interested in a long term position was cost averaging, not waiting with their wanking finger poised on the buy button for a figure that may never come, or look too high in retrospect.

tabas

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Yes there's a possibility that it can go further under $5,000. I think we hit finally the bottom and there's no need to worry about it.
Had you stocked up on your own? Don't fear if the market continue to decline, fear if you never ride this decline and doubted to buy.

Zeque02

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What is it all about? Is it about waiting for a big drop in bitcoin before investing or buying bitcoin? If that so, that is a good idea because it has a low price. What you need to do is hold until the price will increase to gain high profit.

Conasse

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I wouldn't be surprised to be the bitcoin's value below $5000 and it isn't a bad thing currently. It's what we call the Black Friday. I would better take the opportunity to buy more coins to sell them later in 1 or 2 mmonths for a quick profit. Tongue

PeRo

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There might be a decline, but I don't fear it. It could be a really good chance for a huge profit. Only few people get it, but these declines are actually good, you just have to be calm and aknowledge that Bitcoin can't just die like the popular belief says, it always comes back stronger than before.

hahay

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What do you mean about waiting for a big drop? I don't think there is anything to worry about, I know you buy at a higher price because I also experienced it, I came across bitcoin at the lowest value even now even though the market is falling I can still say it is high value. I personally believe the market will recover someday, so I don't think it needs to be a panic selling.

M4NDELL

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We have already set thresholds for Bitcoin many times and it seemed to us that he would not be able to cross these thresholds. And yet the decline continues, so that 5000 is another threshold that Bitcoin could easily cross. But whatever the reduction, this does not mean that Bitcoin will not grow and will not exceed all our expectations.

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Quote from: iTradeBit on November 16, 2018, 08:45:08 AM

Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?

The recent downturns are like a trap. The market has been falling for too long, and investors continue to believe that holding can make it impossible for whales to earn Bitcoin at cheap rates. So, I think this is a big deal to get Bitcoin at a low price before executing plans to raise prices from a third power.

pixie85

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Quote from: iTradeBit on November 16, 2018, 08:45:08 AM

Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?

Yes it can but 4800 is a very strong support level and many people will set to buy right below 5000 to finalize their trades above this support line. Usually bear markets in Bitcoin end with an 80% correction.
To understand why price won't go to 1000 or 2000 dollars you have to see the market for what it is. It's always an opportunity and traders who sell don't leave and forget about it. They wait for the right moment to buy.

novikov433

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Bitcoin is a financial lever that will help ordinary people make money on a crisis. Bitcoin will not grow up until gold mining companies start to profit from the crisis.

AimHigh

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Bitcoin is now the big drop today because if you compare the maximum value last year from $20,000 and now was fluctuated and meet the lowest value and this is the big drop so that why you need to still waiting of that. We need to wait the bull run not the big drop. Today is the time of buying and holding for the in coming year of bull run so we hope it gonna happen the the big drop.

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Quote from: iTradeBit on November 16, 2018, 08:45:08 AM

Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?

Crypto is now on the world stage and while others choose to leave or dump, remember others are ready to pick up cheap coins...I guess support is there which won't drive the price that low.

And the problem I have with these so called analysts, is they are self proclaimed experts that make assumptions which are never accurate.

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Quote from: iTradeBit on November 16, 2018, 08:45:08 AM

Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?

Don'y buy in until ~$3000 , but be willing to hold for 4 years or longer as a drop to $1000 is not out of the possibility.

FYI:
Faketoshi says BTC will be dead next year.
*Never Invest more than you can afford to lose.*

Dreamace7

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We have just recently seen a huge price drop in bitcoin this just goes to remind us that anything is possible. I can't really predict if bitcoin would drop beyond $5000 I would personally not want that

teejayrichard2

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the truth is no one can accurately predict the price of BTC now or later. It may increase the way it did last year or reduce drastically. you waiting or buying now its your decision to make but i advice you observe the market closely

usekevin

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Quote from: iTradeBit on November 16, 2018, 08:45:08 AM

Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?

It's shows you got fear by the fluctuations in the price of bitcoin. But this is not a permanent one.
You can check the price of bitcoin after 10 days, it will increase more than that of 6000$. Since bitcoin is digital currency,the price reduction is very common. But don't think about the small fluctuations. It always dismotive your interest in cryptocurrency. You can earn huge profits only in cryptocurrency.

mohammedmattar

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Quote from: iTradeBit on November 16, 2018, 08:45:08 AM

Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?

No one has reliable answers or even strong technical analysis
All possibilities are possible
So I advise you to enter on multiple price targets
Good luck.

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