I'm just curious cause i thought that btc price would go up at around 4500 value. I traded these days at the 3850-4100 values and now i'm "stuck" in BCC.
Don't expect it, well we can predict it some dips and pumps after the news like the Korean's now are banning ICO's which is similar in chinese news before. Its better to hold your bitcoins and always buy in dip that is simple and a big profit after the price of bitcoin surge a new price.
Yes it is better to hold bitcoin now because sure it will come up again and reach new ath and avoid panic because it is just a normal move in the market were people join the flow of the market based on the news and pump it again as they want.
Really, at this stage, the best thing to do is just to hold most especially for traders who may not really want to get their hands dirty too much or does not have the mind to take the little sharp fluctuations it brings with it. Apparently, soon, there are still some awaiting news, and I am sure some of this news may really help the boost of it back up to where China panic selling brought it down from and even more.
The long and awaiting news has come mate. The minor price dip is over, the price is sharply speaking starting yesterday and today it is climbing to $6200. Really good to return this kind of thread though, and see the thoughts of other during that kind of situation. But we have overcome it somehow. So if someone heed your advise and just hodl, then they are very happy by now seeing the price today. There's no really need to panic in case of a price dip, the market can continue to go on parabolic forever, some point in time we need this healthy price correction leading to a price consolidation and then towards a good price surge.
This price of bitcoin is simply awesome. I don't have words to express the level of my joy and excitement. I guess everyone here will be excited at this level of achievement where the bitcoin price has reached.
Those who didn't hold in past must be upset for the mistake they have made but don't worry mates such things happen in life, like I did it personally in past but you have learn from your mistakes and so did I.