Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin going to be forever pump and dump?
by
boty
on 21/04/2018, 17:21:23 UTC
All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.

yes you are right the bitcoin price movements can only go up, down and move right, can not move to another, so as a trader should be able to take advantage of such price movement conditions, when the price drops then buy, whereas when the price goes up then it is the right time to sell or to profit.