Post
Topic
Board Bitcoin Discussion
Re: 11k plus is the price of Bitcoin Now. my fear is.....
by
CyberKuro
on 04/12/2017, 06:43:16 UTC
Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.

You shouldn't worry about it as correction has occurred and has been passed a few days ago. Bitcoin is likely to reach a higher price instead of fall down again due to "bitcoin futures" will pump the market and you may see the price suddenly spike and reach another ATH. Honestly, nothing to fear if you have invested in bitcoin simply because of the nature of bitcoin (limited supply and high demand) which ensure the price will always grow over time, it has been proven since the first time bitcoin launched to the market.
There are lots of people regret their decisions to sell bitcoin when it reaches $5000 or even $10,000 as bitcoin price recovered within 24 hours. Have you ever seen some people predict bitcoin will reach $100K or even $1 Millon in 2020? So, there is no reason to fear about correction as it's a normal thing in crypto-world, just holding your bitcoin.