Quote from: michellee on September 14, 2017, 03:54:06 AM

Quote from: meelvanchris on September 14, 2017, 02:15:52 AM

Quote from: Gotomoon on September 13, 2017, 11:59:48 PM

There are many speculation about bitcoin price that it will drop so hard. If we will not take the risks in buying at the low price and suddenly it become soaring high. We will feel regret again by not taking the opportunity, so I'd rather hold and wait for the price to high again.

That's better but if you have excess money then you can buy some bitcoins at current price as price is below $4000 and most of the people were waiting for this price so that they can buy at lower price and if you don't want to buy then hold your existing coins and wait for the price to go higher once again.

i see many trader is already buying at $39xx and they are waiting for another down and I think the price will be down again. I think if one bad news is release, many people panic and they do fast selling and this makes bitcoin drop for more. I don't know why they are too easy to be panic but we don't need to follow their step.

Panic happens everywhere.

Because price decrease is considered as bad thing to happened by others, they must learn how to flip the coin back and take this price decrease as an advantage instead. Buy more during the dips and never sell during downtrend. Why in the first place someone will sold their coins at below price they bought it. It's not a wise move although the purpose it to minimize losses. They should realized that bitcoin is long term so just gather coins and forget price decrease. Chances for bitcoin to become zero value is low chance so just face the risks.