Quote from: Falconer on Today at 07:00:43 PM

Quote from: m2017 on Today at 11:41:07 AM

Should buy now? I have no idea. The price is falling too fast and therefore there is a chance to wait for a lower price for bitcoin.

The best idea right now is to buy and do a DCA, don't you think that's very useful? It's true looking at the current chart makes for an uncomfortable mood especially since we have a number of assets, but if I have enough capital that I can safely invest then I believe buying is the best advice.

For today I don't see any meaningful price recovery attempt, it's possible to see a decline to lower levels. If the selling pressure is still strong enough this week, the bitcoin price will return to its lowest point. Many people think that this is the best opportunity to buy, but of course worry will prevent some of them from taking action to buy. If someone were to ask me directly about whether it was the right time, then my only question would be whether he or she is ready to take all the risks.

Just buy for every $5,000 dropped or every $2,000 dropped depends on how large your budget to invest for quite log time enough as yeah the free fall might continue in these bearish season , not only in crypto ... every single financial market outside crypto are crashed!

So yeah keep buying if you are a believer or else follow op to make a short position to get what he called 'easy' risky money , nothing wrong though.