Post
Topic
Board Economics
Re: $1100 to $750 is significant
by
sportis
on 11/01/2017, 20:29:27 UTC
In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

Yes, Just only 9 days , Bitcoin has decrease nearly 400$. It's really not normal. we only know that China will give out some rules to control bitcoin and They don't want foreign currency to go out of china. That's it.

There are bad and good days in exchanges trading. Bitcoin is a currency and not only an asset as many people see it. Now many people are in panic and cry that is a crash and are the same people few days ago screaming "sky rocket", "to the moon" "$2000 in the end of the month" and so on. I strongly believe that even now bitcoin is a safe haven. Markets were expecting a major correction. The way I see it, if anyone has fiat money to afford and bought at $900, $1000 or higher this is a chance to buy more bitcoins in order to trade off with the loss.