Post
Topic
Board Speculation
Re: Do you feel the rise of BTC anytime soon?
by
entrepmind23
on 29/05/2018, 02:30:26 UTC
Yeah, anytime soon because bitcoin has been in a crisis again these days because as usual, bitcoin will rise everytime it falls. It's evidently clear in the graph how bitcoin is so dominant to rise again from being went down to a couple of days or weeks. I also believe that bitcoin will have its better year than before.

Although many people are discouraged with what they are seeing as their portfolio is bloody, this will get better as it always was. Price of bitcoin drop some more and many are expecting a triple bottom which would result then to an uptrend. I can see that many traders are starting to build up their portfolio and starting to buy bitcoin because sooner or later there will be a turn around and you will regret not buying earlier. Market is fearful nowadays that's why its the best time to buy cause coins are cheaper and with the volume decreasing, supply is exhausted and demand or bulls will enter the market soon.

Yes. That is always possible as long as bitcoin remain volatile seeing it in an instant high price has always a chance. Seem with seeing it at high price in just a little moment it could also possible that we can see it at the very lowest dip moment but of course that is a good chance for all investors that wanted to invest more in btc.

The two scenarios are possible so if you start taking a position, protect it by having a stop loss always so that you can avoid being dumped. Some may even try to make the price go lower to shake out other traders who are holding strong and make them sell resulting to more liquidity for those dumpers so that they can buy cheaper and then load up getting ready for the moon.