Quote from: bohr on January 10, 2019, 04:06:34 AM

Quote from: exstasie on December 27, 2018, 11:39:32 PM

Quote from: bohr on December 27, 2018, 02:20:57 AM

There is no need to do anything like that, I understand your desire to buy coins for a cheap price but the market is already very cheap if you cannot afford to buy coins even when the market is this cheap then your problem is not the price of the coins your problem is the low capital that you are holding and you need to work to try to get more of it before it is too late.

Before it's too late? Cheesy

Nobody should be worried about that right now. We've got lots of time to accumulate for the next bubble. The recent crash pushed any possibility of a bull market back by many months. Now the market needs to absorb all the new supply at these levels (supply from bagholders at $6,000+) before a reversal and uptrend will take place. My speculation is that we'll enter a bull market in 2020 and the next parabolic run will occur in 2021.

We have a long time for that to happen that is true but raising capital to invest in the market is not a simple or easy thing, it takes years to raise enough capital if you have many obligations like a mortgage or a family that depends on you, so it is better to begin to save our money with a sense of urgency even if it could take years for the market to recover so we can get as much bitcoin as possible.

Some like to save "in socks", others like to save through long-term investments in real estate or in gold, and others like to risky saving by investing in cryptocurrencies. Everyone decides what he want to do with his savings. I think that the prices of all cryptocurrencies in 2018 have fallen so much that the risk of loss has dropped to a minimum. So if you decide to invest, this is probably the best moment.