Re: I believe BTC is going to trend down to $5,000 whats your thoughts
I believe that Bitcoin is in the future only in growth, there is no reason to fall below 5-6 thousand. Those who say that it will cost 2 thousand are not right and then will cry and regret that did not buy 5-6 thousand)
amateurjust because the price will fall doesn't mean that it will not rise again. That is what many ppl who are new here do not understand, they can only understand climbing prices, not falling.
it is like the waves of the oceans, night and day, hot and cold, summer and winter. This is the yin and yang of life. You have to learn how to go with the flow
people like you who only can comprehend climbing price would be terrible farmers. Because you will believe that it will be summer forever, and so you will fail to plan for the winter. This is what you ppl are doing when you assume bitcoin price can only go up
What goes up must come back down, and then up again, and then down, and then up again..... and then down... and then up again...
See what i did there?
If your smart you will understand how this can be used to your advantage
bitcoin will fall to below $2k this year. then next year in 2019 it will reach its bottom price which might evn be sub $1k. In 2020 the block reward will be cut in half and the price will go sideways throughout the whole year. Then in 2021 the price will jump again by at least x10
we have seen this movie before