Post
Topic
Board Speculation
Re: 2 Bitcoin Pumps and market going up: Beware!
by
ValerieBTC
on 07/06/2018, 11:12:30 UTC
The Japanese sometimes sell BTC Mondays causing 300 USD Bitcoin price drops!
Buying in now is a gamble!

yes buying now is a gamble,  so make sure to buy what amount you can afford to lose to prevent regrets. And always bear in mind to don't jump quick to any false news about the circumstances of the growth rate 'cause nowadays fuds always exist to intimidate. So you must make your own research before making decisions,  and always control your emotions to avoid panicking , or exit immediately if you gained enough profits to ensure your money and profits  is safe .
That should always be the case most times whenever you are investing in a market and you simply do not have much idea about trading. In that case, you are more like taking a bet. Any sane trader will obviously wait for a clear signal before buying in now and the signal presently is to sell and not to buy actually for those who can use the histogram MACD or RSI on the 4 hour chart. I am still hoping for a double bottom though, but nothing is certain yet.
No I don’t think that buying bitcoin is gambling because it is coin business and cryptocurrency investor should be cool and patient. He should realize the volatility of the bitcoin price. Now a day the price is on the way down but it will not last for long. Soon bump will be seen in the price. No need to sell and the best time for buying more and more.