Post
Topic
Board Speculation
Re: opinions on downward trend
by
ktabb
on 15/01/2018, 19:02:01 UTC
When bitcoin price is going in a downward trend what's the best way to weather the storm?

get out while you still can?

Buy alt coins?

or just wait it out?


For the majority of bitcoin's history I would have told people "If you believe in it, just hold". For a long term investment you should not be trying to trade your position. That being said, bitcoin's scaling problems have become more and more apparent recently. If you believe in cryptocurrency, I would recommend finding an alt coin that is technically superior to bitcoin. Personally, though, I think this is a huge bubble and buying into crypto right now would be a mistake.