Post
Topic
Board Speculation
Re: Bitcoin price stabilizes?
by
zeaderza
on 09/08/2018, 09:37:27 UTC
If it is true the bitcoin price is stable it will be very good for bitcoin traders and bitcoin mining because with the stable bitcoin price we will get a decent enough income but if the price of bitcoin decline then we will get a small income therefore the price of this bitcoin must be stable .
Yes I agree with you, if bitcoin will stable it will not anymore be risky. I think it can be possible if users and the economy is also stable then bitcoin will follows. But for me, it is much better if bitcoin is stable because the users will encourage others to join and it will have a big possibility that they will accept the offer.
Although bitcoin price is too much restricted to increase, but I think that we are even not observing any decrease in bitcoin price, which means that bitcoin is trading in a very much stable condition. I think that after 10th August the price will once again start increasing.

the price of bitcoin is quite stable right now. but we can actually still profit from a short-term trading with little increase in target profit. I am playing around 2.8% - 3% target profit right now and is doing good.
It will become stable when we control our wrong decisions of buying in high market and selling in low market which contributes to make the market price unstable. Now if we think wisely to make right decisions then that will benefit us as well as the stable market price.

It is the great achievement of Bitcoin to be on the stage even its lowest price is many times higher than the second valuable currency.