Ninjastic
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Board Speculation
Re: Do you feel the rise of BTC anytime soon?
by
aeternus
on 16/07/2018, 02:54:59 UTC
Quote from: Macinto$h on July 11, 2018, 08:35:16 AM
Quote from: aeternus on July 06, 2018, 02:16:07 AM
Quote from: bossloccox on March 28, 2018, 05:42:35 AM
The Bitcoin has the huge price last December 2017 . And the price suddenly changed this year. Many members and especially those active traders have been disappointed with the sudden drop in bitcoin price. That's why people are often comparing the price of bitcoin last year.
We can not predict the price of Bitcoin this year. It's too early to say that the cryptomarkets are not in depths and gradually returns into the light. So i'm still waiting what is the good news happen in this year.
What do you think?
Sorry the price is not going to recover soon, the price of last year was not real it was nothing more than a bubble, people got too excited and began to invest in bitcoin thinking the price will never go down and if you look at all the previous instances in which this happened you will see that a crash followed, we need sustained growth and not bubbles.
Perhaps you are right, but this does not mean that now you do not need to invest in bitcoin. Whales now want to buy a cheap bitcoin and for this they create negative news. No need to panic. This is unreasonable.
Buying right now is a great idea but only if you are willing to invest your money in bitcoin and hold it for a very long time, do not make the mistake of all the people that invested in the last quarter of the previous year, they thought they could get easy profits and instead they got losses, and this was because their timing was terrible and they were not ready to keep holding in the case the market turned against them.