Topic: The perfect entry point - do not get weak hands (Read 176 times)
Now that China has spoken, expect the price to drop further and since we are still days away from Chinese Lunar New Year expect the price to continue to drop until maybe around third week of February. there's FUD followed by another FUD and more FUD but I am looking at it on a different way since we are seeing weak hands letting go of their BTC at below their bought price that means BTC will be left with those who only believe in Bitcoin not as a way to earn fast money.
Forbes magazine is asking, "is it time to buy bitcoin":
https://www.forbes.com/sites/katestalter/2018/02/05/is-it-time-to-buy-bitcoin/#3b15618d4da6
It remains to be seen whether they manage to influence members of the public to buy though.
https://www.forbes.com/sites/katestalter/2018/02/05/is-it-time-to-buy-bitcoin/#3b15618d4da6
Quote
Bitcoin is abuzz of late. News of its meteoric rise and periodic crashes is everywhere; and for good reason. The cryptocurrency began 2017 at less than $1,000 and skyrocketed to nearly $19,000 before reversing direction on December 18th.
Bitcoin has fallen more than 40% since then. So, perhaps now is a good time to evaluate its investment merits and consider whether the recent decline represents a buying opportunity.
Bitcoin has fallen more than 40% since then. So, perhaps now is a good time to evaluate its investment merits and consider whether the recent decline represents a buying opportunity.
It remains to be seen whether they manage to influence members of the public to buy though.
Exactly. Buy from the big guys. You are smarter. You know something they do not know: BITCOIN WILL ALWAYS GO UP !!!
Guys,
do not panic sell and keep you funds.
Dont do this mistake.
In times of tremendous stock volatility increases, -60% BTC Price correction and a community & potential investors which have been constantly growing the last months, i can not believe that we will see much lower prices.
Nobody knows if the dipp will end at 6k, 5k, 4k or whatever, but dollar cost averaging this entry point can not be the worst decision.
So increase your holdings, do not get week hands and ... HODL!
do not panic sell and keep you funds.
Dont do this mistake.
In times of tremendous stock volatility increases, -60% BTC Price correction and a community & potential investors which have been constantly growing the last months, i can not believe that we will see much lower prices.
Nobody knows if the dipp will end at 6k, 5k, 4k or whatever, but dollar cost averaging this entry point can not be the worst decision.
So increase your holdings, do not get week hands and ... HODL!
Dollar cost averaging is definitely wise, entering at the current price does seem smart but I would definitely wait at least one more day to see what the SEC have to say and witness how that influences the market. If they have bad news to share then we could see another 20-30% decrease in the price tomorrow.
Guys,
do not panic sell and keep you funds.
Dont do this mistake.
In times of tremendous stock volatility increases, -60% BTC Price correction and a community & potential investors which have been constantly growing the last months, i can not believe that we will see much lower prices.
Nobody knows if the dipp will end at 6k, 5k, 4k or whatever, but dollar cost averaging this entry point can not be the worst decision.
So increase your holdings, do not get week hands and ... HODL!
do not panic sell and keep you funds.
Dont do this mistake.
In times of tremendous stock volatility increases, -60% BTC Price correction and a community & potential investors which have been constantly growing the last months, i can not believe that we will see much lower prices.
Nobody knows if the dipp will end at 6k, 5k, 4k or whatever, but dollar cost averaging this entry point can not be the worst decision.
So increase your holdings, do not get week hands and ... HODL!
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