RE: Must Watch! IMPORTANT UPDATES: Stocks, Bonds, Gold, Silver, Oil, Crypto. By Gregory Mannarino

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Must Watch! IMPORTANT UPDATES: Stocks, Bonds, Gold, Silver, Oil, Crypto. By Gregory Mannarino

in bitcoin •  8 years ago 

There will eventually be a pullback in bitcoin which is a buying opportunity

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8 years ago by

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      ·  8 years ago 

    I keep hopping that is the case. Was just watching an excel spreadsheet I have where I follow my BTC buying and I wish I was back at the 201$/BTC price where I made my first purchase. If I just knew back then what I know now...

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      ·  8 years ago 

    You and the rest of us !

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      3 votes
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        ·  8 years ago 

      ...I hope so! I've only just taken my first steps into crypto. I only have a fraction of a bit coin to my name at present. Going to be patient and hope that I can buy on dips!

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          ·  8 years ago (edited)

        The thing that you have to keep in mind is that you need to keep BTC in perspective towards other stuff. We know that there is 21mio BTC in existence and there is about 171000tons of gold in existence. If we would compare the pair 1:1 you would get 8,71 kilos of gold for a single bitcoin. What would you do today if someone offered you 8,71 kilos of gold for 1600€? Would you buy some? Do not get me wrong I love gold (I have regular boating incidents ;) ) but I was just trying to make a point.

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          2 votes
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            ·  8 years ago 

          I agree. I don't know if there really is a bad time to buy bitcoin at this point. You buy and hold it for a month or two and you will see a profit. The dips are short because people jump on it so quick when it starts to go down.

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              ·  8 years ago 

            Any idea on when/where this might be? I regret not jumping in around the $880 price that Clif High had previously mentioned.

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                ·  8 years ago 

              I'm just wondering if Cliff's reports are now not feeding on it's own predictions.... I'm under the impression that recently much more people are using his report for trading.

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                  ·  8 years ago 

                self fulfilling prophecy?

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                    ·  8 years ago 

                  The real buying opportunity is common coinage... You can still buy 20 nickels for a dollar... The price hasn't increased since 1792... What a deal... Pocket Change...

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                    1 vote