Post
Topic
Board Speculation
Re: Is the Bitcoin Price going to rise smoothly now or will dip again before 1 Aug?
by
hatshepsut93
on 18/07/2017, 18:09:15 UTC
BTC Prices are steadily going up, from a low of $1858 to $2300+ at the moment. Any insight into whether it will dip again before the big day? With 60% already showing support for Segwit, a soft fork is almost certain. And with this information out in the world, I think the upward trend has begun. What do you guys think?

Anything can happen in short term, and this is why day trading is compared to gambling. Many people are very worried about the current price, which makes them prone to panic and even lose money if they sell lower than they've bought. This is why experienced investors look for the long term opportunities, they hold for years and almost always in profit, so the short term price moves don't bother them as much. So, the best advice for trading is to always stay calm and try to see the bigger picture.