Post
Topic
Board Trading Discussion
Re: Getting ready to buy!
by
jostorres
on 24/07/2019, 19:55:23 UTC
What do you guys think? Bitcoin at 9400$ right know

I am not sure whether you used the opportunity to accumulate coins or not. If you went ahead with your plans, then I should say that you will end up in green in the long term. Right now, the exchange rate is hovering between 9.5K and 10.5K. And this might be our last chance to purchase BTC below the 10K level. After the block reward halving, it is going to rise much higher.
Are you tactically advising that we don’t expect any bull run this year again, because the halving is slated for next year I think, and there is still enough months left in this year to gain more momentum, if bitcoin can actually break $15k barrier soon, maybe within the next 2 months I think it is possible that the bull run start this year.

You are right though, I think after this correction, this may be the last time any investor will see the price of bitcoin drop below $10k till further notice, maybe when the bear takes over the market again, after bitcoin sets another new all-time high. If bitcoin can set another all-time high like $30k to $35k, then I think that $10k may even be the lowest bitcoin will ever drop to again for life, maybe that will be the new all-time low.