Post
Topic
Board Economics
Re: panic selling
by
Mikez
on 19/03/2017, 17:18:05 UTC
I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.
What did you said? Well, it is wrong as bitcoin price hold on $1000 and become base floor for now.
It has started to increase again, even if it drops to $900, I consider it as normal fluctuate that could happen in this situation due to bitcoin disadvantage regarding consensus whether SegWit or BU. Moreover, we need a dip to buy more cheaper bitcoin and give chance for others to ride the bull.

The current dip has given us an opportunity to buy more coins at cheaper rate and people who will sell their coins right now will regret in future when they will see again rise in the price of bitcoins so this is not the time to sell but to buy more bitcoins.