Re: When is the right time to buy bitcoin ?

Today is NOT the right time to buy Bitcoin. As Bitcoin will continue to become bearish. Soon We can see it under $3k. What we can do now is to SELL it.and rebuy it from the bottom.

Quote from: Pchahal on September 15, 2017, 09:31:50 AM

After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?

so far that's the best thing we can do for now. as what he said was right, we already knew that some people would actually panic sell when this news about forks and segwits and lots of issues related will happen.

Panic selling will end if the investors can control their nerves and take decision seriously, panic selling gives loss to investor as well as to the bitcoin because prices get to the down due to panic sellers, newbies are the most of the panic sellers who take serious to the rumors are the victims of the loss and then they start blaming bitcoin but all the wrong things are done by them.

I agree with you but i think it is normal human instinct to sell in panic when you see the price going down and also those people don't actually believe in bitcoin they just want to make money out of it and when they see that it is not doing so well they will sell in panic.

I have nothing to argue about that it is normal instinct to sell in panic, but if you have skills and experience you could have known to wait. You need to simple just have to wait and belive in btc.

You can have more money only if they knew these panic sellers they could have so many more.