Post
Topic
Board Economics
Re: BTC is a roller coaster
by
btc_angela
on 08/04/2018, 22:48:05 UTC
Bitcoin is like a rollercoaster and it is currently at the top, this should lead most people to conclude that a drop is due before it continues the upward trend overall. When it is swinging hundreds of dollars in a day, taking it as an investment is pretty much gambling like poker.
Yeah my friend bitcoin will consider as a roller coaster which the volatile movement that the value will anytime will goes down and goes up.
Bitcoin has been a rollercoaster ride but it seems that it's now shift to escalator that going down. I'm hoping that the direction will reverse as we are aiming for a better profits.
its reasonable indeed because bitcoin high fluctuation. maybe now is not time for roller coaster to move up, then shouted as powerfull as not to heart attack like ride roller coaster
Bitcoin has a cycle increased its value too much on the market. It became the trading pair for future trading market, the place for those who from Wall Street easily to join in this field. Of course, I know many billionaire want to investing in cryptocurrency, even, they want to control the market as their scenario.

Just by looking at bitcoin's meteoric rise in the last couple of years, most of us should expect that something drastic should happen specially the madness of December last year. Everyone thought that we are going to $100K, sadly the market reverse itself.

So this roller coaster ride will continue. Actually it will be a roller coasting ride because money flows will not be that consistent as well. Some are offloading, while most of us are hoarding. So if you are for the long haul, you wouldn't be surprises at all. And the more you ride it, the more you can gain profit in the future.