Post
Topic
Board Speculation
Re: How low will bitcoin go?
by
BitcoinPanther
on 11/01/2018, 23:38:33 UTC
Anytime bitcoin fails, this kind of threads are occupying the forum. This is interesting, bitcoin is already there as a solid one. Price makes corrections normally, then what is wrong with bitcoin, I can't understand this.

As long as people don't understand this market, and think Bitcoin can become worthless the next day, these things will continue to happen. It just shows how people are straight gambling with their savings, in the hope to ride this market's 'hype' and to gain some growth as well. Funny thing however is that these people chase quick profits, but the only thing they are doing is swallowing quick losses. Their ignorance and incompetence makes them lose out time on time again. It has been like that for years now, and it will continue like this as long as people don't research the market they invest in.

The good thing is.. there are more and more people understanding the market today.  So this will definitely reassure us of Bitcoin of not being worthless.  Bitcoin might go down due to FUD but those who believes in it and understand it will definitely buy and take profit on this opportunity.  Even with researches, people with weak hands will sell their holdings anytime the crash sign appear.