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.
Now or never
At present the market has fallen so its a good chance to grab some coins at better rates. Also we have seen 2017 how quickly the prices have rose and in this year as well it can rise easily and wil provide huge returns in coming years . So better not to miss this opportunity if you had missed the previous rises.
Yeah it is wise to buy more in these days if you have more money to invest in bitcoins. In the next year the price will grow more and more and I guess more than double compare to the current price. Those who are selling their bitcoin will need money and all the savings and investment is to fulfill all your needs in the right time. Those who need money sold their bitcoin and those who want to earn money will buy now.