Quote from: BeGoods on July 31, 2016, 02:09:58 PM

Quote from: Schuyler on July 28, 2016, 08:46:25 AM

Quote from: Jmild1 on July 28, 2016, 08:39:07 AM

Quote from: livinglegend on July 26, 2016, 11:13:21 PM

It sounds simple, but it is difficult to perform. The volatility is really unusual.
But the history of bitcoin has shown that, in general, if you hold you win. Cool

Well that sums up all things pretty well, since the history of bitcoin told us that wether there's a big dump on a coin it will still recover and make a new-step on it's way. So whatever the price will be wether down by 10% of it's current price, it will still increase as time goes by.

But we must not always depend on history as a gauge on how things are going to be in the future. There are other things that come into play whenever the price behaves rather wildly. For what it's worth, I am only investing what I am willing to lose.

I think we do not need to see the history a few years ago to predict the price of bitcoin. I think it is a different matter. although in the
previous year after a dump then prices will rise this year will rise in price is not necessarily the same as last year or a few years ago

This is what I said in the past his post. It is not possible to predict the price of Bitcoin. But panic is not necessary for this reason. Bitcoin is not very stable. If he started to fall sharply, this does not mean or anything. Maybe tomorrow, the Bitcoin price can increase dramatically. By this, I compare the people who play with the Bitcoin, with people who play roulette. Wink