Post
Topic
Board Speculation
Re: $2000 anyone?
by
pinggoki
on 09/05/2017, 04:31:33 UTC
I would wait till price dips down low again and buy back in. You could easilly double your postion in BTC if you did that. But, that's only if it comes back down. Which, I really think it will. That's the best part about volatility

In order to double your postion at the time you buy back, it means that the price will have to go down with like 50%, and exactly that is something I don't see become reality. That's not a correction anymore, but a massive crash. Also, as you stated, the price will need to come down in order to buy back. If you sell too soon, you'll risk falling behind as the price will likely move up further. Buying back isn't as easy as it may seem. If you time it wrong, you'll end up in a big disappointment. In that regard, for the average person it's better to just keep holding.

I agree. The risk in losing some is higher than safely holding them without doing anything. If getting very rich in this is your target then it would be better to buy more Bitcoin if the price goes down.

I think its good time to buy some more bitcoins and hold for next few months as everyone is predicting that price will touch $2000 or above in this year so we can afford to buy them even at the present price to make good profits in the end of the year.
Good idea buying a lot of bitcoin and hold it for a few moths will be a great idea because there's a possibiliy that your money become double or even triple if the price of bitcoin continue to grow. I think within this year the amount of bitcon might be equal to $2000 or more.