Post
Topic
Board Speculation
Re: Dump the news?
by
Bellator
on 24/08/2017, 12:03:46 UTC
It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?

Well, this is just a natural cycle for Bitcoin. In fact, a lot of people are actually wishing that Bitcoin can dip a little so they can get in cheaper. Price corrections are a way for Bitcoin to avoid a big bubble which is not healthy at all. The market can always find anything that can be the reason why the value can go down but we have seen Bitcoin getting resilient all the time. Just hold on to your Bitcoin and you would be fine as the train is moving up.
Right. But you know what if it happens when there's a bit dip, do you think many people will buy? What would happen if it goes cheaper? As I've noticed it's been increasing every now and then so I guess the best thing to do is you trade your bitcoin first before it dumps to a lower value. Normally, we see bitcoin as a circulating moment it's either on top or at the bottom cycle, it's still goes back to its normal track wherein the value rises and the rest will follow. This will still be useful in any modes of value that it has to offer in the market.