Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out. It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value. Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
It's so early to say so. It's just a quarter past the ATH period. People feel so because price is always falling during this quarter. Time is longer when you're impatient. Some people think it will take at least a year for bitcoin to recover its price. So, be patient man.
I think that bitcoin is currently in the adjustment period where you can observe that the fluctuation is normal this time and by the time there is an increase, it has not yet surpass the $8K mark. However, I believe bitcoin will continue to last for many years and would further increase the price value in the coming years to come. This year could probably a start of a relevant increase in the last quarter of the year just like what happened in the last year where it almost reached at $20K USD mark. So, let us wait for the time being for the expected growth to happen within the coming months.
Nothing will happen to Bitcoin, and will be in the future trading market. After ICO launching in 2008 Bitcoin survive until today, yes, Bitcoin experience ups and down on the price value, it recovered, stabilized, with good fundamentals, with growing investors coming in, and a lot more just waiting for the right timing before they put in their investment, buying and selling on Bitcoin are very much active. It does show that this now the trend on trading market and will be here for the long period of time, it all depends on the volume of investment in the market. Relax and monitor your investment on Bitcoin.