Quote from: wedatin on May 09, 2017, 10:34:41 AM

Quote from: Ferris419 on May 09, 2017, 01:55:40 AM

Quote from: Wind_FURY on May 09, 2017, 01:14:00 AM

Quote from: 1Referee on May 08, 2017, 08:39:38 AM

Quote from: adroitful_one on May 08, 2017, 05:15:35 AM

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.

That is right. The altcoin price is dropping at the moment. It means the money is flowing back to bitcoin. The price will rise further.

Oh goody the altcoin bubble is popping. Man was it ever inflated lately. Everything you look at was +30-150% a day. Nothing in the world can sustain that for very long, especially not shitcoins with no real world use.