today June 22, 2018, the price of bitcoin again collapses dragging all the other cryptocurrencies, again we are in red, until when it will keep falling?
In my own opinion, I think the drop of price will be long, because it will have a domino effect since a lot of people are panic selling. I can say that bitcoin has been volatile this year, so it's really hard to predict when will it go up or go down, and also some people started doubting bitcoin, because most of the spikes are downward.
Agreed, the best option for us now is to hold our funds, while others are enjoying their funds getting lost , We should be thinking of how will we preserve it, wait for its price to back in its stable state including the market itself, patience is need in crypto, panic selling is stupidity , it can cause you loss and giving you nothing to gain but only scraps of your real income.