Post
Topic
Board Speculation (Altcoins)
Re: BCH price
by
FeArZ
on 11/03/2018, 03:55:49 UTC
why BCH price down fast after break many numbers Huh

why it rise again after back to 800$ Huh

It is just part of a common trend, something pumps too quick and inevitably crashes back down afterwards, try not to think of it in terms of crashing from 2.5k to 1k and instead consider it was only 400 usd a matter of days ago.
That is the correct way to look at it but at the same time all of those that bought when the price was that high are never going to see it that way since now they are going to need to sell for a terrible price or hold and wait when the miners will want to pump the coin once again.
That is the correct way to deal with look at it yet meanwhile those that acquired when the cost was that high are never going to see it that way since now they should offer at a frightful cost or hold and hold up when the excavators should draw the coin eventually.