Will you catch the falling knife? | Bitcointalksearch.org

bozo333

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Quote from: Tyrantt on September 13, 2017, 11:33:34 AM

damn, I was preoccupied with school stuff that I didn't even notice the price going down by almost $1k... wow. Looks like this is the right time for me to invest something. btw what's the deal with the price drop at all? I've been kind of out of the whole bitcoin happening for the past week or so.

It was around 4000$ till last week ends but the bitcoin value suddenly fall down today from the last 12 hours from yesterday. As you said you can invest to buy bitcoins with the low amount now. I am sure bitcoin price will recover back to peak value again in some days.

kafeelniazi

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Quote from: magicmeyk on September 14, 2017, 02:47:54 AM

Quote from: SavvyOli on September 13, 2017, 07:09:48 AM

As you all know, its the sea of red now. Are any of you still ballsy enough to enter at this challenging time?
for me im just waiting for USD 3600 to sell off my house and car and kids to enter.

If your referring the dumps of bitcoin will of course i will catch it. For now, I'm still waiting for more dumps to come. Grin

well it look like someone is in the mode of huge investment Wink

and yeah this dump is nothing less then cheap investment with huge profit.

ropyu1978

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instability that occurred in the past day, making the price of bitcoin free fall. and the funny thing all happened in an instant, just a matter of hours of landslide occurred. bitcoin was destroyed. eventually bitcoin persist and rise again, slowly but surely. this is the bitcoin revolution. without china bitcoin standing still.

tailwate07

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Quote from: Macai on September 13, 2017, 07:17:31 AM

You can catch the falling knife with your proper knowledge. It is not necessarily mean that you can catch the falling knife but it has something to send with us that is facing the falling price of bitcoin but if you have the proper knowledge you can be successful in selling your bitcoin with high profit.

You are right. You can catch a falling knife but you have to be very careful so that it may not hurt you. This decision entirely depends on how good you are at interpreting the things. Of you think you have a proper plan and that you can cash those moments, then you should definitely go for it.

kiddeon123

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In my opinion even though the price of bitcoin is experiencing a great decrease, I can say that it can be a good news for those who want's to try their luck in bitcoin. We don't know what will happen in the future. Bitcoin might also go up 2x as faster when it falls down. Every thing has a risk and you are the only person who can decide if you will take it.

aplistir

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Quote from: Preclus on September 13, 2017, 12:42:07 PM

I also have a question. Let's say you bought 100 million dollars worth of bitcoin and it went up to a value of 1 billion dollars.
Would you sell at that point or hold?

In that case I would sell 300 million worth of bitcoin. That would mean, I have tripled my investment, and still have 700 million worth of bitcoin for waiting its value to rise to the sky.

magicmeyk

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Quote from: SavvyOli on September 13, 2017, 07:09:48 AM

As you all know, its the sea of red now. Are any of you still ballsy enough to enter at this challenging time?
for me im just waiting for USD 3600 to sell off my house and car and kids to enter.

If your referring the dumps of bitcoin will of course i will catch it. For now, I'm still waiting for more dumps to come. Grin

Golftech

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Quote from: ?? on ??

Quote from: SavvyOli on September 13, 2017, 07:09:48 AM

As you all know, its the sea of red now. Are any of you still ballsy enough to enter at this challenging time?
for me im just waiting for USD 3600 to sell off my house and car and kids to enter.

Wait for $1000 before selling everything.

BTC was only $1000 ~8 months ago.
Returning to that does not stretch the imagination.

╥Aztek

well if bitcoin crashed to that value i think its a big question if we will still ready to catch the falling knife or we will wait for more dip before we go
and make a re-enter, as of now its really a hard week for everyone as we cant see the direction after this bad news about bitcoin.

pingrabazar02

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Quote from: jamirrah on September 13, 2017, 01:04:25 PM

Why not? I seee this as an opportunity to buy my favorite coins while they are on dump I guess China ICO ban has something to do with the fall happening but then as they said thats temporary so theres still achance for a pump sooner or later so ill buy as much alts and btc while its falling and wait for the next pump.

Do you know about any site which shows correltion bitcoin and other altcoins?

Kamal87

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Quote from: SavvyOli on September 13, 2017, 07:09:48 AM

As you all know, its the sea of red now. Are any of you still ballsy enough to enter at this challenging time?
for me im just waiting for USD 3600 to sell off my house and car and kids to enter.

if I think so strongly and good idea for those who want to chase bitcoin, while continuing dumping now. and a good time to buy and stock up some bitcoins and hold them. I'm pretty sure after the dipo will try to recover and get back its value ... it's time to invest bro .... Grin

newsfx24

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Quote from: suvo05 on September 13, 2017, 01:02:42 PM

Just don't catch that knife with emotion just use your mind to catch it . The situation of the market is indicating towards a downfall of price. Lets see how low it fall. We have seen that bitcoin is strong enough to hit back.

Just my opinion. Sometimes waiting for things to happen may result in losing a good opportunity. So setting a target is a good idea.

Maheshkumar_Hrangkhawl

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I don't care much about these. People were saying the same even in 2016, when the prices hit almost $200 per coin. A lot of the users sold their coins as they were convinced that the prices will never recover. But those who had the patience to wait for some time benefited in the end. And I don't think that the situation will evolve any differently this time around.

Mike Mayor

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Bitcoin is pumping now son !! To the moon that's where. Let's leave china behind. You might never get another chance to buy bitcoin at this price. It's never going back under $1000 let's face the facts and not repeat them. Now is the time to buy otherwise we sit and look back to today with regret. People are going to make alot of money. Those who predicted the weak would sell because of the nonesense in China will now buy back and pump the price up in soon so. Profit ! A mo the salary because of one clever move. Thanks China and thank you to, I think for the third time the panic sellers without you I would not have profited.

jamirrah

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Why not? I seee this as an opportunity to buy my favorite coins while they are on dump I guess China ICO ban has something to do with the fall happening but then as they said thats temporary so theres still achance for a pump sooner or later so ill buy as much alts and btc while its falling and wait for the next pump.

suvo05

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Just don't catch that knife with emotion just use your mind to catch it . The situation of the market is indicating towards a downfall of price. Lets see how low it fall. We have seen that bitcoin is strong enough to hit back.

pingrabazar02

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Panic in the market is a good thing for the buyers. Bit coin is not going anywhere. So it will create opportunities for some.

goldade

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Quote from: SavvyOli on September 13, 2017, 07:09:48 AM

As you all know, its the sea of red now. Are any of you still ballsy enough to enter at this challenging time?
for me im just waiting for USD 3600 to sell off my house and car and kids to enter.

I guess you have to wait further than as at the current time, the price is still far from reaching that point and I still believe it won't get to that point before price picks up again. So if you can add about $300 or $400 to it you can quickly buy when that amount can get you one before it goes to the point where you might not be able to afford it.

maman09

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I think we should be careful to respond to what's happening now. there are ico restrictions, and other rumors that trigger the decline in bitcoin prices. this kind of scenario that has been arranged neatly.

I just monitor for now. still very risky to buy bitcoin now.

d5000

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Quote from: SavvyOli on September 13, 2017, 07:09:48 AM

for me im just waiting for USD 3600 to sell off my house and car and kids to enter.

I'm pretty sure you're not telling the truth (selling your kids? WTF? I hope that's only a "joking" way to tell you want to invest some money.). But if you really are serious about that, be careful.

I would only invest at $3600 if I was an experienced trader and could foresee the bounces (maybe knowing which bots are the big whales using and what chart indicators they follow Wink

). Because myself I think the price will fall further - not straight to the bottom as a rock would, but I think we have a good chance to see $3000 again. And at that level, I think the price will take a decision if he wants to continue to be bullish or not.

So at $3000 I maybe would try a "catch" ... carefully observing the market.

Preclus

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I also have a question. Let's say you bought 100 million dollars worth of bitcoin and it went up to a value of 1 billion dollars.

Would you sell at that point or hold?

Topic: Will you catch the falling knife? (Read 1214 times)