Quote from: mjglqw on December 23, 2017, 04:57:10 AM

Quote from: jdn_ldn on December 23, 2017, 04:49:04 AM

Quote from: HabBear on December 23, 2017, 04:34:36 AM

Setting a limit order to buy at a specific price is a smart idea!

But don't get too hung up on the exact price. It's best to buy in at regular intervals...some will be higher and others will be lower but you'll be averaging that cost. We've seen at keast 12 major corrections this year. Each has been followed by a quick bounce of support and then the momentum building to set a new high.

We've seen the support biunce fir this correction; i'm not sure we'll see momentum buiod toward a new high because it's the end of the year.

So are you saying a support bounce generally signifies the end of a btc correction?

Not necessarily. Sure, a support bounce has been a sign of a traceback in the past, but it doesn't mean that it will happen again and again.

Personally I think 10,000 is a good price to set it. But I would set it slightly higher juuuust to be sure. And yea, the dip might not be over. This is probably just a bulltrap.

Thanks. I changed it to 12.7k. Hopefully the order will get filled in the next week or so.

Basically I'm just looking to buy Profit Trailer for 0.03btc before the end of the month as they're offering a free extra Binance licence until then. I'm not really fussed about making fiat profit off btc etc but rather I'd just like to avoid having to put more fiat into btc to make the purchase.

I suppose I could trade alts against btc but I can't really be bothered to do all that over the holidays. It'd be much easier if btc could just have another quick dip!