Quote from: collins3 on August 10, 2018, 10:23:08 PM

Quote from: rose8963 on August 10, 2018, 10:18:40 PM

Quote from: joaopm33 on December 19, 2017, 09:12:42 PM

Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.

At this point I believe you should not buy bitcoin, you can see that bitcoin prices have been dropping sharply over the past few days and are now adjusting at $ 6400. I believe that at this point you should patiently wait because according to my analysis, the bitcoin price will probably drop to $ 5800 in the next few hours, so you should wait until that time to buy Bitcoin. at best price.

I totally think you can buy bitcoin at this time so you can see that the bitcoin price after falling to $ 6200 is now beginning to recover to the $ 6400 level, the market is showing signs of recovery. Apparel of altcoin and market capitalization is also increasing. So, I believe that you can buy bitcoin at this time, divide the capital and buy bitcoin in batches to prevent falling prices.

I think if you buy bitcoin at this time the rate of return is very low and the risk is very high. You can see that the market is in a bear market for a long time so bitcoin prices will probably drop at any moment as the $ 6400 milestone is a very weak support level and I believe it can not stop the bitcoin momentum.