It's time to buy Bitcoin¿? I say definitely yesss. And you?
Yess !!!.
However, I have bought it since three days ago, on that day bitcoin traded around $ 8000, with vigor and optimism i bought it some. Because, I feel the up trend will happen more exactly two days after the New Year celebration China.
Next time, you could have split your funds, just in case, so as to leave room for any possibilities. However, that was still a good time to buy anyway. The market is still fair for now, nothing so much to worry about and nothing to be so happy about, except for the huge volume and not only on bitfinex, but also on bitstamp and some other exchanges. So, for now, we just hope the down trend is over.
You could be right. But I am still afraid of bulltraps and that the price could make one more dive in the 6000K range to form a double bottom. Time will tell I guess, rather soon.
That is the main reason the market is pretty slow right now. A lot of traders and investors are afraid of this, and are hesitant to buy in. Most traders are fund of not taking a huge risk and would rather wait for a clear signal for a change of trend before getting in. Trust me, anything we are all doing now, is just gambling and we are not sure yet, where the market is heading up next.