Post
Topic
Board Speculation
Re: What if Bitcoin just hold steady for months and months
by
BitcoinPanther
on 25/01/2018, 14:13:03 UTC
Bitcoin isn't moving very much just now.  Up a tiny bit and then down a tiny bit.  Would this be very boring for people.  This might not encourage more people to buy.  I think the only way people buy is if it's going up and down more.  Because then at least they will have half a chance of making a good profit. 

The best thing to do during this time is to hold you bitcoin, since it not profitable to trade it since fluctuation isn't that high to get a good profit.  Though I believe this is the better time to invest on a more volatile market such as altcoins and convert back when Bitcoin shows a sign of being bullish.  Just make sure that you are already in a profit when you convert your altcoin to bitcoin else, you will be at a lost if you decided to convert it back to bitcoin at a lower price.