Post
Topic
Board Bitcoin Discussion
Re: is bitcoin over?
by
Misskim
on 12/02/2018, 10:13:14 UTC
Hi,

STOP PANICKING!

Everythnig is ok. Yes, prices go down and yes, it has been quite a while. BUT, there is nothing to worry about for the moment. Bitcoin has always gone through ups and downs and I am quite persuaded that price will recover and by the end of the year, reach new all-time peaks.

If you rely on this investment for your everyday life, or any real-life investment, I can understand that such situation is worrying. But bitcoin should not be used as a short-time trading tool. It is an investment over the long term!

I couldn't agree more, it seems those short to medium term investors are the moment affected and are whining every minute on the forum but if your prior motive was to keep bitcoin for the long term then i guess nothing has changed and you will rather cease this opportunity to buy more now and add up to your already existing chunk so that you can sell for profit in the future.
Agree with you that price of bitcoin will be more than this but it will happen in future, I know price will be high, as it has bright future for all of us, right now bitcoin has low price but it does not mean we will not invest or it is over, it will rise again but it needs patience and time to invest in bitcoin, now I know most of people have bought bitcoin at 8k or 6k but it is still good because in future bitcoin is going to become very famous.