Quote from: JimboToronto on December 23, 2017, 01:31:52 PM

Quote from: Smard89 on December 22, 2017, 02:55:37 PM

Ofcourse everybody gets a little anxious with this correction. But let's be honest, we needed a correction in this bullish market in the past two weeks.

Why is it time to buy?
- The weak hands are out and many 'stop-limit' orders have been triggered.
- The earlier corrections also were about 30 to 50% without any big news. Perhaps you remember the 5k was reached and it dropped back to 3k? And last month almost 8k was reached and it pulled back to around 5k?
- I'm pretty sure that the 10k barrier wouldn't be broken.

So if you can get your hands on some btc between 10-11k, I suggest you do it.

It's nice to see a newbie who actually gets it.

Yesterday was indeed an excellent time to buy. It was our deepest dip of the year, barely surpassing the excellent buying opportunities in May and September.

It was a great time to take profits in Bitcoin by selling fiat while it was peaking.

Thanks JimboToronto.

If you look at coinmarketcap it shows yesterday that between 14:00 and 15:00 the lowest point was reached (https://imgur.com/a/PtuVF). At this point on Bitfinex it reached $10700,-. That were some lucky guys that bought in at that price! IMHO that will be a price we will not be seeing again in the near future and perhaps never. I feel pretty confident with buying extra BTC at $11200.

Have a Merry Christmas everyone!!