Post
Topic
Board Bitcoin Discussion
Re: 49 days till the halving, time is flying now
by
harizen
on 26/06/2016, 17:54:53 UTC
The price keeps going volatile as the halving comes closer. People are expecting the price would reach 1000$ at the time of halving, but looking at the price right now, I'm not sure it will reach that value.
But, I might be wrong, because bitcoin price is unpredictable. Let's see what would happen next. Cheesy

You just said it, price keeps on fluctuating and unpredicatable so the bottom line is, we can't based what will going to happen in bitcoin price if we are only looking at the current price.

And because price volatility in bitcoin is active, expect more large margin of price movement in bitcoin price. In here, we must to take closely the price monitoring in order to ride every possible trend.

We need to take an advantage of price volatility to make quick profits, price is not going higher at a moment but soon it will start rising, so buying some coins now is also an good idea.

Exactly applicable for those who doesn't hold for a long term but instead taking a ride every price trend.

Buying coins at the current price isn't a wrong move, at least if we are to based with the expected future price trend. Same scene like this are present last $500 or evern at $400 where these prices are considered high by most of the people community so they hesitate to buy coins back the.