Quote from: fullhdpixel on Today at 10:29:54 AM

Quote from: bitgov on January 10, 2022, 05:13:54 PM

Quote from: StreakW on January 09, 2022, 01:07:00 PM

In my opinion, since the last month until the beginning of 2022, the price of bitcoin is still correcting, although in the long term we can see a repeating bullish pattern but if the support in the $49k-52k area is not broken then the possibility of a price decline could reach the level of $40k. Therefore, please be careful when opening positions, it is better to wait for the confirmation of the reversal first.

Also, I believe it is too early to open a position. There is still no signal that the downward trend is over. Any attempts to raise the price end up with further drops. I think a drop below $40k is very likely. At $39k, we'll be thinking what to do.

Cannot really say that its early but we have been in this situation ever since last year where the market is not really doing well. Opening a position and buying some bitcoins is the best thing to do now because that prices will surely recover later on.

Do not waste time waiting for a signal and even if someone gave you a signal, there still a chance that itl fail. You do not want miss this golden opportunity are not you? So, what are you waiting for. Will you wait for 39k before you start acting? Man, that is only a 1k difference from 40k, do not be too stingy besides you can still earn that 1k or even more than that when the bull run returns.

Tough call if you are unsure and you are still waiting for any signal, but if you do believe that, it will bounce back

buying at this stage is a good opportunity. It's all about how you do your research and how you assess the market. Everything
will depend on how you anticipate and project the potential outcomes.

Deal only if you have certain plan and make sure that adjustment can be done if in case things won't go in the direction
that you are waiting, it will help you to extend your patience and not to decide that quick.