Quote from: boblets243 on April 27, 2018, 12:45:33 PM

Quote from: totol05 on March 20, 2018, 12:30:26 PM

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?

Bitcoin's price is unpredictable and price fluctuation is inevitable. This is one of the reasons why it is risky investing in Bitcoin. However, sometimes we need to take that risk because of the good prize in the end. So We need to accept the fact that Bitcoin price will go up or go down. If you did have an investment, you just have to analyze the market trend and sometimes trust your instincs when to sell it.

No, this is false to assume the price of Bitcoin go towards increase forever is not true. The reason is very clear due to its nature if fluctuations according to the market demand and the positive image of it. Bitcoin fell down if there is no one out there in market that can buy it and thus Bitcoin can be finished forever we can like this too.

But we know that Bitcoin is never changing up into another material or its establishment will not happen ever. These fluctuations will happen again and again in future until the price become stable.