Post
Topic
Board Speculation
Re: What if Bitcoin just hold steady for months and months
by
Slow death
on 25/01/2018, 17:10:02 UTC
Bitcoin isn't moving very much just now.

The price has fallen a lot and in January it tends not to go up much, I think this is due to the fact that people use fiat money to pay taxes, there is the Chinese new year and the issue of the regulation that it has in South Korea and in many countries. you will not see many people investing in bitcoin until the situation calms down, see this:

Nasdaq Undecided About Launching Own Bitcoin Futures, ‘Still Evaluating’ Feasibility

They are probably undecided because of regulatory issues.


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. 

you are evaluating the price daily, evaluate the price monthly or for months and see that even if you evaluate the daily price you will notice that you always have a profit of more than $500. if you want to do day trade, then invest a lot of money so that you will get a lot of profit