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RE: Bitcoin price drops 30% - is now the time to buy more?

in #bitcoin7 years ago

If you take a long term view on Bitcoin, this is a pretty good entry point; however, The chart maintains bearish pressure. Since the downtrend is still intact, I would wait for a bottom before buying more Bitcoin. Prices could continue to fall, and you may be able to get a better price! If you have more cash on the sidelines, I would buy some now, but also buy some if prices fall more. Good luck! :)

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yes i topped up yesterday and will buy more if it makes it too $10000 - best of luck for you too , and be careful following charts , many top investors trade against the basics of technical trades for easy profits on your stop losses