Post
Topic
Board Speculation
Re: BTC sudden price fall?
by
YuginKadoya
on 01/07/2017, 08:30:30 UTC
Hello!

Over the past days BTC has fallen quite a bit, also ETH. Any clue why? Seems to be opportunity to buy more.


Yes it is always wise decision to buy every alts that are in red during bloodbath, if you have bought at the time of your post than you are already in profit.
But this is not that cent percent assured of getting a profit. The reason is that with bitcoin we can trust and buy even when its in bloodbath, but we cannot predict the alts in a similar manner because there are Alta that has gone down continuous and has never retained value. Here too you need to be lucky to get good profit.

Maybe I will agree to this since there are similar situation happened unto it before and there's still a high possibilities that bitcoin will soar since it is not defames yet by any coins around. The expectation of it is at + trustscore eventhough we encountered some negative ratings interms of price but we should consider that segwit is coming and might we can see good price stretch happened if time will come unto it.

If the effect of Segwit to us are a good price stretch then I would leave my bitcoin alone in my wallet, but the risk is still there and you can not take out the fear from all of the people selling bitcoin, and all Cryptocurrency is a liability to change rapidly and unpredictably, especially for the worse. you can never predicted something like that, but you can assure that if bitcoin goes down soon enough it will come back up so be strong and be patient.