Post
Topic
Board Economics
Re: panic selling
by
lister storm
on 09/09/2016, 00:05:00 UTC
Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

I think so too. The bitcon Price is recovering from the $500 lows 2 weeks ago. As Long as Bitcoins remain above $500 we are good. No Point in Panic selling right now. Better to hold your coins and wait for higher Prices again.

For sure  bitcoins price would recover from the hacking issue even though  bitcoin suffer from price drop but its not time to panic sell instead we must  see this as an opportunity to buy more coins because we would definitely  gain profit in the future when bitcoins price is starting to rise up again for sure.
you are right, it always recovers no matter long in my opinion it is impossible for the price to go only down and never up