Post
Topic
Board Speculation
Re: Bitcoin current situation
by
tianok21
on 08/05/2018, 07:55:45 UTC
I think down the price is not a bad thing. This is certainly a good thing because you can buy Bitcoin at a cheap price. Maybe for some people who invest their money when Bitcoin still expensive will be very loss. I think bitcoin will not die because in the future we will need virtual money because it will not be possible we use paper money continuously.

I agree with you that once the value of bitcoin goes down it is the good opportunity to buy bitcoin. But if you buy bitcoin on an expensive price of bitcoin and the value fall don't sell your possession instead keep holding and wait to recover again the value of bitcoin until you earn your expected output. Nowadays the value of bitcoin is constantly increasing and possible the price hit to 10,000 USD before the month of May ends.