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Topic: Will bitcoin drop hard? I am waiting to buy it. (Read 655 times)

legendary
Activity: 1652
Merit: 1088
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November 09, 2017, 05:16:23 AM
#39
For the moment it looks like $7000 is functioning as a very strong resistence. At some point though, people will take profits. Especially if the bitcoin mempool builds up and fees start to rise again.

Now that we know that bitcoin won't scale, the hunt is on for an alt that will.
member
Activity: 350
Merit: 14
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$


There's a possibility that it will and it maybe during the hardfork. But i think you don't need to wait for its value to fall down hard, you may invest now and still, you will earn huge profit since its market value is exoected to be more expensive after the fork and investing before the fork will be a toal.advantage for huge profit.
sr. member
Activity: 532
Merit: 250
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$



It will probably come at a later time but not now. Right now the price of bitcoin is still soaring because of Segwit2x being postponed for later, but within a few weeks/a month time you'll definitely see some minor and major price adjustments.

Buy when you see these adjustments coming.

You could always stock up right now, it's not a bad price to buy at. Just a tad high. Maybe buy a set amount of BTC every day.
hero member
Activity: 1666
Merit: 753
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$



There will always be a time where bitcoin's demand is smaller than usual.

The time will come, even though right now it seems like that it'll be an eternity since it comes. It's almost scary how fast people's perception changes towards something and how fast they start panicking over the situation.

Have a buy target for yourself, once it hits, buy it straightaway. For now i can see a few more pumps before a dump.
jr. member
Activity: 59
Merit: 10
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$


Many more will fall, you can quietly turn this deal. All the same, you will go into the plus, only now it remains to wait for this fall.
member
Activity: 200
Merit: 13
I think bitcoin is no longer drop anymore, it has risen again due to the cancel of the segwit2x last night, i have never thought bitcoin can reach 7900$ in just a night, so it will be good for you if you buy now or bitcoin will rise more.
hero member
Activity: 2702
Merit: 672
I don't request loans~
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$


That's a practical strategy and obviously, it is a good one. But don't you think that it will be a better idea to keep your Bitcoin and invest more at this moment? its market value is continuously increasing and there's a fork that might make it more expensive so why don't you invest now and hold more bitcoin? waiting is a good idea but the problem is we don't knownwhen will its value will fall.
legendary
Activity: 3332
Merit: 1191
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$



I think it is impossible because bitcoin because the bitcoin demand is too high and bitcoin availability is very limited, it makes the bitcoin price go back up and more expensive.

Impossible and bitcoin shouldn't be put in same sentence. Price fluctuate in a ways that we can't understand always, we can try to sell when price is high and to buy again when price drop, that is shorting. That strategy is not new, many people trying to the same, I experimented few times and rstenof success was 50/50. I sold some of my bitcoins on 6200 dollars and price went up, I expected drop. In long term price will definitely grow, in short term anything can happen with price, bitcoin fluctuations are now more widely then before, price rise and fall hundred of dollars in just hours. Risking can be profitable that is something everybody knows, be aware of that before you start anything.
newbie
Activity: 56
Merit: 0
when you see them cancel the next fork you know its a buy on the dip  Grin
hero member
Activity: 1078
Merit: 501
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$


Try to wait to the next hard fork and wait for the price to drop because I think it will drop in a bit but will increase again fast, so don't let to waste that opportunity to buy. You can also buy today but also buy when there is already a hard fork.
sr. member
Activity: 384
Merit: 250
Yes it will drop hard, the question is when? Let's find out I read some articles that related to BCH  and BTC. They cancelled B2x so panic sellers will sel their btc see what happened yestersday when the price hit around 7,800 and falls dip to 7,000? That just what happened when they manipulated it. Hope alts also will survive for now if bitcoin stay at the price of 7,000usd
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
I have a friend, who said 1200$/BTC was too much for him and he'll wait for a drop to 800.
sr. member
Activity: 1078
Merit: 270
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$



only you who want it to happen. most of people want bitcoin to keep on increasing, pumped and kept on pump. I think it is difficult to determine what will happen next. only experience and luck we can expect.
full member
Activity: 560
Merit: 105
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$



I think it is impossible because bitcoin because the bitcoin demand is too high and bitcoin availability is very limited, it makes the bitcoin price go back up and more expensive.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
You cannot rely on anyone else to make your investment decisions. We buy low and sell high to maximize our profits and to regain our capital investment. < getting back, what you put in first > The longer you hold back, the longer it will take to recover your investment and once you break even, everything after that is basically risk free and pure profits.

If you cannot handle risk, then you might not like Bitcoin investment. < It is still an experiment, so this is seen as a medium risk investment >   
sr. member
Activity: 434
Merit: 250
Selling bitcoin for profit now and buying after segwit2x fork it’s wise decision bas d on my speculation after fork price will be between 5000$ to 6000$ . If you really looking for long term then just hold and have free b2x which may recover the price drop for short term.
legendary
Activity: 938
Merit: 1001
I beleive bitcoin market may drop to $5000 soon after upcoming fork finishes.
Since a week, it is lurking in price between $6500-$7400 but not rising above quoted price.
If you plan to keep your bitcoins for long term, then it is good time for you to buy now.
newbie
Activity: 26
Merit: 0
I think that it will crash down to 3000$. Yeah, before we have witnessed that when Bitcoin's value goes sky high suddenly crash sown to the ground and when will crash you buy as much as you can and then you should wait for the the next Bitcoin price boost. If you plan to buy this is the right time to invest in Bitcoin.
full member
Activity: 406
Merit: 117
I think bitcoin not drop so hard, because I read a news about the bitcoin hard fork suspended so I believe that the price of it will not drop so hard.  That only my believe but we not always happen to the price of the bitcoins.
sr. member
Activity: 728
Merit: 265
Be aware that it drops so recently and I think if many people believe that bitcoin and you are also believing then why would you hesitate? I think just do what you're instinct want you to do probably you are correct and no one really knows what would be the price this time, tomorrow, next week and more days to come. So if I were you do what you choose goods for your coins.
hero member
Activity: 896
Merit: 521
I was expecting the price to drop to below $7k level and to touch $6.5k with altcoins rallying up. But it seems there is a strong support to Bitcoin at $7k+ level. There are genuine buy walls at $7000-$7100. I believe the price won't be experiencing a massive drop now. But would find it hard to touch $8k which was quite possible within a week if Segwit 2x hasn't been cancelled.

Bitcoin will be able to maintain its price within $6800-$7500 for sometime now.
hero member
Activity: 1834
Merit: 759
No one can really say for sure. It doesn't look like it will drop though, in my opinion. If it would drop, it should have dropped the moment the fork news began to propagate.

It looks like Segwit2x is still happening though, and I have no idea if people are still interested in getting their airdrops now that it's pretty much established that it's just another shitcoin, but if they are, then you will probably see a drop after the fork. That might be the best time to buy if you're planning on selling up.
sr. member
Activity: 546
Merit: 290
I think it is a probably strategy. Generally, Bitcoin price will fall down after hard fork. You can sell now and wait for next hard fork in middle November.
sr. member
Activity: 420
Merit: 256
اللعنة
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$


I don't think bitcoin will drop trememdously in the coming months. With the high demand of bitcoin due to the forking, bitcoin value will likely continuously rise up. If you are planning to buy bitcoin with your pocket money, then I think you should do it now. Also, do not sell your bitcoins now. It is better to hold it for longer time. Bitcoin price might drop for a while, but not in big amount. Maybe, it will drop from $7,200.00 to $7,000. It's not probable that it will drop down to $5,000.00-$6,500.00.

newbie
Activity: 13
Merit: 0
Will bitcoin drop hard? I am waiting to buy it.

 How long have you been waiting?  The best time to buy Bitcoin is now. 


Ya! I Agree with xhomerx10 this is a Good Time to Buy Bitcoin. I Think the Dropdown is not possible between the end of this month. So Invest It.
sr. member
Activity: 533
Merit: 250
Sugars.zone | DatingFi - Earn for Posting
Segwit 2x was canceled Cheesy That's probably coins will drops, since those who keep money just interested for coins from segwit. If you would to buy bitcoins, just put your order book now, porbably you'll hit them price. and there you go start to keep your money in bitcoins.
full member
Activity: 602
Merit: 105
I dont think btc s price decrease below 7000 usd, if you are planning to hold it for a year or sth else you can buy it anytime from market. It seems that btc price will never stop increasing:) (kidding)
legendary
Activity: 1148
Merit: 1048
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$



no one will legitimately be able to call this with all the uncertainty concerning the fork. I can say with general confidence that alt markets will get the panic capital; bitcoin is the safe haven, but where do you go when the safe haven is no longer safe? expect the cryptos tied to dollar valuations, like nushares, nubits, and tether, to uptick past their static USD denomination (more so true with the NU assets). and expect the primary alt, ETH, to absorb the majority of the bitcoin capital flight because its popular, very well supported, and the underlying asset on ERC20 tokens.
sr. member
Activity: 924
Merit: 255
It doesn't seems will drop hard, although that will get drop.. it will not drop below $7000 for these moments and so on I guess. I think it will be more likely continues tend moving toward higher again. And it seems that if this moments decide to buying it, anyway it can still provide a high chance to get high profit and I also still believe that will be.
member
Activity: 126
Merit: 10
Buy bitcoin now the price just goes down for a while. Then price will rise again until hard fork, after that sure bitcoin price will fall, but who knows? Good luck!
full member
Activity: 336
Merit: 100
Maybe yes if there are larger country will prohibit or banning bitcoin due to its applications contrary to their beliefs and government laws. For me we can't stop the influx of its popularity since it already established solid foundation to cryptocurrency  business.
full member
Activity: 196
Merit: 122
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$


That was good to sell your bitcoin at the higher value but i do not think they will back at that value, incoming hard fork helps to increase it value and i am pretty sure that after the fork the value of bitcoin will increase more like happen in past forks.
Me i am keeping my bitcoin to make huge income also to get free coin fork.
member
Activity: 169
Merit: 10
My best advice I can give people right now is hold what you got and if you are not inn yet be carefull as at this point I don't think anyone really knows what will happend.

Some says calling off 2x will improve btc some say people have invested into btc to get free 2x and since that's not happening money will move out of btc to alts. I honestly don't know what to believe so I'm just saying HODL.
legendary
Activity: 3472
Merit: 10611
in case you missed it, price already dropped while you were not looking. and when you wait for the drop you have buy something when it happens not continue to wait for more drop each time a drop happens!
price went up to $7880 to have this drop and it went as low as $7080 and that was your chance to buy in the dip be fore it recovers back to the current price of $7300+

can it drop more? yes, it is possible but the question should be how possible is it. the chances aren't that good.
hero member
Activity: 784
Merit: 1000
I personally think it will drop to below 5,000 dollars per coin.  I think this is what we are seeing when it sky rocketed the first time and then crashed hard(or over corrected perhaps). Once it does that I think you should buy as much as you can and wait for the next big increase and then hopefully profit!
full member
Activity: 167
Merit: 100
If you plan to hold it for 6 months or more, just buy it at market price. If you are looking to trade short term then you can wait, but be warned that BTC does exactly what everyone expects time and again.
member
Activity: 118
Merit: 10
Will bitcoin drop hard? I am waiting to buy it.

 How long have you been waiting?  The best time to buy Bitcoin is now. 


many peoples said it will drop to 6000$.
legendary
Activity: 3808
Merit: 7912
Will bitcoin drop hard? I am waiting to buy it.

 How long have you been waiting?  The best time to buy Bitcoin is now. 
member
Activity: 118
Merit: 10
Will bitcoin drop hard? I am waiting to buy it.

I am thinking sell now 7280$  and buy back at 6700- 6900$. How do think about this strategy?

many peoples believe it will drop hard to 6500$-7000$

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