According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
The good thing to do is to hold it on since it is having its low value because sooner it will rise up because there will be investors that going to buy coins and take chance with this and buy a lot of coins in low price then it will pop up again rise again. This is what is happening in this industry true investors waits for drop down and causes the price hike.
We should settle our mind too in that way. That is why rich become more richer and poor remains poor. We do not need to panic selling. Things will be good in time.
Bitcoin will back down due to the news aboyt investors like korea they get back their invest, and pushes some altcoins. I think thats the ine reason why bitcoi. Will gow down again. Bitcoin will hard to recover.