Post
Topic
Board Speculation
Re: Bitcoin price Increasing today
by
Obito
on 22/07/2017, 13:39:53 UTC
Bitcoin price is  Increasing today very rapidly and quickly. what happened ?
Is there any good news that make people buy again bitcoins.

I think it is the majority of vote for softfork, which make people think there will be no two chains and bitcoin price will go not to 4000$ and above.
Best time to buy cheap now.

Bitcoin fell as fast as it recovered. A lot of people were panic selling when Bitcoin started to drop and now it seems like people are more panic buying than selling. Looks like a lot of people are jumping on the bandwagon once again.

It has been 2 days and the price is still floating around the 2.7K to 2.8K mark, Bitcoin has once again gone through rapid changes within a weeks time and has stabilized at the end. This week was such a rollercoaster.

Bitcoins recovery is so fast and I conclude that I am one of those lucky people who bought for its down price and guess I'm earning good profits with this current rate right now, But one thing I am waiting is those speculated price if this one would really reach for 5k $ at the end of august or maybe on next month around. And I think I will sold the half and just ride the flow for the current buff.
That's good for you. Buying bitcoin while it is in the state of dump is the right thing to do because in that way you could earn a high profit. Unlike me, I suddenly panic so that I sell my bitcoin on the price of $1800 and now I'm regretting on what I have done. However, I learned from that mistake that don't panic to sell, be patient and think wise.