Post
Topic
Board Speculation
Re: Bitcoin Price Level by August 1
by
ximply
on 17/07/2017, 08:24:26 UTC
so,now that we are below 2000$ and the price is going down everyday
where are all tothemooners? Smiley
it is going to drop even more,but come 1st of August we never know what happens
my hope it will recover and ,eventually prove all of the experts right-
the ones that had been predicting 10.000+ figures

I'm still very bullish...it's a normal correction fueled a bit by uncertainty and fear...but once BTC passes the 1st august and there is no "end of the world" it will resume it's path and will reach new highs

soon we will know the outcome Wink

Of course, no "end of the world". But what if too much of common investors will be gone for a long time..

investors are playing long term
it is common folks or small holders who are panicking and selling
today we saw a low of 1810$ at one point!
the price has recovered some,but to be losing almost 200$ every day for several days.... anyone could panic
but this is when you have to decide:you either hold and wait or try to sell and short it,or even to stay in LTC or Dash or ETH for the time being
as I had mentioned,I sold and was right,I could have rebought at 1820 ish if I wanted to

No doubt the big investors are here for a long term and they take benefits from it. It seems that the short term or the small investors get panic easy and this is natural because they have small investments and no one will like to let their investment drown.
Those with strong nerves will be the successful ones here. There are many reasons for the bitcoin to recover and show to the people that it is the strongest, we just need to stay calm.

I agree on all things you said. But im on panic right now so no one can blame me. Im on panic to buy more bitcoin as i can for price is going strong right now. I might missed the opportunity. I need to generate more funds so i can invest on bitcoin. Hold it and we will be at $55,000 level soon.