Post
Topic
Board Speculation
Re: Why Bitcoin Price Going Down?
by
Budugbass
on 05/06/2018, 12:06:12 UTC

If you buy it at 20000$ for sure its a  big upset on you side because you loss more that 50% of your capital.

Can you  Make an Advice When I should Buy Bitcoin?

And how much money should I invest on it?



Of course, everybody will be disappointed when looking at losses that exceed 50% of funds used, the last time when bitcoin prices have reached $10,000 and it didn't last long even within a week.
The last time I read an article from Pantera Capital, dropped bitcoin price since the beginning of 2018 was caused by taxation that forced sell a lot of bitcoin to meet the tax requirements. And They also explain that in 12 months bitcoin prices will be back at $20,000.

My suggestion is better to invest your money 50% of current price and wait within 12 months hopefully the article gives accurate news.