Quote from: Shenzou on May 24, 2018, 08:43:31 PM

Quote from: finblockchain1 on May 24, 2018, 09:57:42 AM

1. First one was 6th February. (BTC around $5800 and market cap around 280b)
2.Second one was around April first week. (BTC around $6500 andmarket cap around 255b)
3. Third one "now". I think this is another opportunity who missed last two. I think we can see the price around ($6800 to $7100, just my opinion)

Good news that, we are making lower high each of these stages. One day chart shows we do not have much momentum to deep much lower.

You might be true, and you might be wrong, that is the thing with the market you don't know when its gonna change, today it could be 7500$ and tomorrow it could jump to 10k, so you might think it might be right to just wait for the price to go down again but the market could take by surprise and leave you regretting, so the sooner you buy the better for you, because at the end of the road you will always get profit on the long run.

That's why I don't believed in waiting for the price to really bottom before purchasing bitcoin. If you really wanted to join cryptocurrency and be an investor specially in bitcoin then you can buy anything and if a better opportunity presents itself then take advantage of it if not then at least you already has purchased it.

I still remember such incident and I read a lot of members believing that bitcoin can still go bottom, but alas, the next 24 hours was a sudden pump and the price increases by $1K. That was last year and it was a valuable lesson that everyone should really enter the sooner because we really don't know the price and sentiments of the investors. Better to accumulate early if you can.