What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Bitcoin needs to be calm when trading. We have to be very careful especially in dump and pump situations.
You do not have to worry if the price of bitcoin drops. Anyway the price will rise again. But it may not rise again when altcoins fall in price. Many people are losing money in altcoins.
yes that is the nature of bitcoin that it s price increase and decrease from time to time. i am hopeful that in future we will never see any downfall in the rice of bitcoin .
As with all investment instruments, bitcoin is also an investment with risks.
Remember that the bitcoin is still an experimental application. There are billions of people who do not hear bitcoin.
Of course, when compared to altcoins, bitcoin is a much stronger investment instrument.
It's even better to know that we are still in the experimental stage because bitcoin has still more room to grow and if you will ride now, you will get the chance to not just double your money but the chance to grow it with a substantial amount. People are already getting into bitcoin and this big investors are seeing the potential of bitcoin, so there is no reason we will also doubt.
Yeah. Many people think Bitcoin is too late to invest. I wish I had entered the bitcoin first time out.
In fact, we are still early to invest. After 5 years, the price of bitcoin can be $ 5,000.
So it is still too early to invest.