Post
Topic
Board Speculation
Re: These drops are very bad for newbies and new investers!
by
el kaka22
on 12/05/2018, 07:16:53 UTC
Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.
This is not the first time, bitcoin prices dropping out. In the past, we have seen prices fluctuating ups and down very wildly, still it has attracted lots of newbies and new investors. Hence, the current situation also will pass away and no need to give any extra weight for this downfall. Just part of bitcoin price swing.

Moreover, we must understand how bitcoin price levels are working in a rotatory movements. From the current situations we must start. Compared to last day's prices, many financial institutions do see current levels as cheaper hence they start coming-in , this may take bitcoins into peak of last 2 months levels. When bitcoin seems into rally, automatically many individual will come forward to invest with, which will take another new peak. Now, those institutions and whales may find time for profit booking.

Whenever some people start closing their positions, one cycle of movement comes to end which may be the start of new cycle. The question is where will be the end finishing levels, sometimes it may be higher than start of cycle. Again, whale and institutions start pumping along with new investors and who are booking profits may get definite gain but may be in lower percentage. But those who are all holding without minding all these, must be gaining bigger than anyone else with peace of mind more importantly.