Post
Topic
Board Speculation
Re: What to do next with bitcoin?
by
rickadone
on 03/07/2018, 19:19:29 UTC

The market is quite stable with a bitcoin price of about $ 6400, after dropping to the lowest level of about $ 5900 last week but soon back to strength. This suggests that $ 6000 is still a strong support level for bitcoin. Some documents show that holders of more copper bitcoins are continuing to buy more, not sold on the market. Should we buy more bitcoins at this time?
Don't be too much in a haste to jump into conclusion yet. The bear trend is not over until it is over and as far as I am concerned, we are still in a bear trend, so further drop may be possible. The thing with the market is that you obviously can just be buying bit by bit now if you are going long with the knowledge that further drops could still come and in that case, you will be able to take advantage of the deep dips as well. For now, nothing is certain but buying for long position is one thing no one should be missing.