According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
There are a lot of people involved in Bitcoin, but now that Bitcoin prices are down a lot, so many investors are giving up their investments and withdrawing from the market, I think that after the market goes up, there will be more people continue to buy and invest in Bitcoin.
It is not good to sell but if they are well experienced traders and investors it is not good to sell for them at low price, time of selling can never be the time to buy low price is time to buy bitcoin not to sell it, everyone know this the price of bitcoin can never fall forever, it will increase someday but we will have to wait and hold our bitcoin with patience, selling bitcoin can cause lose at this time as it is at the growth and it will increase after small time, all the time bitcoin use to grow panic selling is because of lack of trust which is not good at all, so trust bitcoin and let the market be high to give you benefit for rest of your life.