Post
Topic
Board Bitcoin Discussion
Re: south korea is not banning bitcoin, but why the bitcoin price is still falling?
by
StarLawl
on 04/02/2018, 19:42:32 UTC
Everyone has given good reasoning why the price is still falling. But what KellyCoin say that there is a bounce back expected is also quite true. We are entering into the Lower Lows from the last dip to below 8k - But we are all expecting the lower lows, so people sell. Weak hands are flushed out and those with balls of steel buy in.

Or those expecting it to bounce now, after the lower lows. Im trying not to look at the portfolio, because I know this is temporary and the market, as a whole, will bounce back.

Those selling, those are the ones at risk, as they might be hit by FOMO if they do not enter prior to the bounce, because when Bitcoin goes up, it goes fast.