Post
Topic
Board Speculation
Re: Bitcoin might be $5000 short term, $1000 longterm if support is broken - Sosnick
by
jseverson
on 15/08/2018, 03:35:01 UTC
There's a long crypto winter ahead of us. No point in buying now for the long term IMO.

?? no point of buying for the long term? you are HIGH or something ? its the only point to buy BTC for the long term.... offcourse every day askink when MOON when this price why that dumb when recover etc is pointless cause nobody does know whats going to happen ,but when youre willing to invest in BTC than buying DIPS and low prices or the thing that you wanna buy if not than maybe its better to look for something else and never look to BTC again ........

Well they did say now, which suggests they expect prices to drop further. Buying the bottom is better than buying the dip, just much harder to execute, so I can understand where they're coming from.

I personally believe we haven't seen the bottom yet, but I do dollar cost averaging anyway so I guess it doesn't matter.