Post
Topic
Board Trading Discussion
Re: What's happening to Bitcoin?
by
royale143
on 24/01/2018, 20:27:36 UTC
Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

I will still hold my bitcoin because i'm pretty sure that it is just a temporary and it will go up again. It always happen to bitcoin that's why bitcoin is volatile it goes up and down so don't panic sell, wait for the price to increase again.

I agree. I think that those who are always having doubts with what's happening with bitcoin are those that are either new to the market, or have not followed the trends and market changes bitcoin has undergone over the years. Bitcoin, even if it is the most powerful coin around the market, is still susceptible to slumps like this. It actually has always had that trend that it sleeps or stabilizes for a few months, and then, surges at a staggering phase like what happened last November and December when it nearly tripled its value. Thus, you can consider that what's happening now is just a normal market trend and just be patient and hold onto your bitcoins.