Post
Topic
Board Speculation
Re: Can Bitcoin Price At $9,400 Is A Good Buying Opportunity ?? Buy Bitcoin Now?
by
Wilhelm
on 02/09/2019, 12:43:30 UTC
$9400 .... AAAAANNNNDDD ITS GONE!   Tongue

While someone is asking a question price is now $9800, and with the beginning of a new week we have a new mini pump which slowly brings us back to magic $10k level. I can only say that all this reminds me on time before some 3-4 years when the general question in the forum was whether to buy Bitcoin for $1000 or price will go down again to $200. We know today that it never happened, and it will probably be the same with $10k 3-4 years from now.

Smart people learn from the past, those who ignore it risk repeating all the bad things they have already done. For some small amounts of Bitcoin it doesn't matter if the price is $9400 or $8400, especially if someone invest in the long run.

Buy at regular intervals would be the best thing to do no matter what happens.
In my case I bought some at $9400 because I felt the tide was turning and chances of going lower would be low.
The CSW situation had me on edge a bit because a big dump could bring the price down quite a bit.
But then again Bitcoin has already seen it's fair share of disaster scenarios and survived.
Bitcoin is like a cockroach that crawls out of an exploded nuclear power plant, dusts off and goes on with life Cool