Quote from: BitHodler on December 03, 2018, 11:06:41 PM

Quote from: magneto on December 03, 2018, 08:08:31 PM

With prices this low, I don't think that there is much further to go in terms of dips until the bottom is found. And even though the recovery might still be far away at this point, I believe that accumulating right now if you're a long term investor is worth it.

Recovery is quite a relative term. Recovery to what, insanely overpriced levels? Current prices are a fantastic entry point, but we're going to go up in a slower but more sustainable way.

If we happen to break through the $10k mark then it could be seen as a new all time high. It won't hold directly because every round level will trigger traders to secure profits, but eventually we're above $10k again, and for good.

People who continue to dollar cost average their entry points will eventually come close to catching the bottom, and that's exactly what I am doing. This doesn't require any TA or other nonsense. Everyone can do it.

We should really handle this thing on this way but most people do really like to see those prices to shoot up on faster pace rather than on considering to see
a slow or gradual increase which same as yours I do prefer on having this way rather than in the past.If we can sustain on gradual then we can expect it do have much stronger support way than before.