Quote from: disclaimer201 on March 18, 2017, 03:24:51 PM

Quote from: ajeef on March 18, 2017, 03:11:03 PM

Price has dumped today so I will not sell them right now and will buy more bitcoins at this price as it will give me higher amount of coins at lower price and price can rise again and get back to $1200 level in next few days so at that time will sell some of them to get quick profits.

It is too early to buy back until you know where the bottom is. Sorry, price will not go back to 1200 anytime soon. I believe it will take months and we will see prices falling lower and lower every week. Sentiment has changed to a full bear market. Hodl your coins until next year and buy back very low, all will be fine.

People can buy back at current levels without any problems. Fact is that you should stick to buying back with low quantities per time. It will allow you to keep buying lower in case the prices continues to go down. That being said, it's too early to say that we are moving in a bear market right now, because even now the price has gone down we're still sitting at around the $1000 level. You're too early with your judgment.