Post
Topic
Board Economics
Re: A good day to buy hard?
by
Amph
on 20/09/2015, 07:28:10 UTC
Today is the best day to buy hard really. No one can catch the perfect bottom price. But anybody can make Avg lower price. So,  around 220 to 230 USD is the best price to enter into bitcoin for long term holding.

Let's see if we don't encounter price slippage in this next days. I still believe sub-200 can happen.

but until now, it hasn't happened, i'm not counting random sub 200 on one exchange only, those are heavily manipulated to cause a even more heavy panic dumping

the more the 230 value will hold the market the more you can stay sure that we won't fall to sub 200

This is an obvious delusion. I would rather say that the longer the price stays at some level, the more momentum the underlying asset acquires when it finally begins to move (i.e. the stronger the resulting price movement will be)...

Whether it will go up or down remains to be seen, though

it's not delusional, it's a matter of perspectives and point of view, these are all guesswork...