Bitcoin's biggest drop in over 6 months! Should I buy?

Bitcoin's has seen a very big drop today. It is at $7,400, down from 8,250.

The last time it had a big drop from 11,800 to 8,100 I bought some. But it barely increased.

Is this the time to buy more or let it fall further?

10 Comments
 

Well I've read a hugu article on how Bitcoin will reach 8,850 due to the Fibonacci calculations and the 'cross' trend observed.

So if all the analysts were wrong then its a bad sign maybe

 
"Zaho" Well I've read a hugu article on how Bitcoin will reach 8,850 due to the Fibonacci calculations and the 'cross' trend observed.

So if all the analysts were wrong then its a bad sign maybe

“There are two kinds of investors, be they large or small: those who don’t know where the market is headed, and those who don’t know that they don’t know. Then again, there is a third type of investor - the investment professional, who indeed knows that he or she doesn’t know, but whose livelihood depends upon appearing to know.”

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