Post
Topic
Board Speculation
Re: What will you do with your Bitcoin in 2018? Will it become more valuable?
by
Abiky
on 10/08/2018, 00:09:14 UTC
I am also not going to anything with my bitcoin, but to hold it and wait for some more time. I even thinking about to continue holding my bitcoin in 2019 which I can expect will be more better year for bitcoin price like 2017.

With prices on a downfall this year, I'm afraid that many Bitcoiners would simply "hodl" their coins no matter what. It's been a year full of disappointments for many, especially after a long bull market last year. What I've noticed, is that right after Bitcoin futures were brought to investors, prices have started to fall this year. Consequently, uncertainty and regulations imposed by governments around the world, had a negative effect on Bitcoin's price.

Therefore, unless something new and exciting comes to the crypto space that would attract serious investors into it, Bitcoin will continue in a downfall. I'm hoping that with the successful adoption of the Lightning Network, Bitcoin's fees would be reduced to a minimum, and transaction speeds would become instant, to bring back the attention from people in the mainstream world. Only this way, we might be able to see positive results over Bitcoin's price, as well as other altcoins in the market. This could be next year, or a couple of years from now, but the most important thing is that you "hodl" onto your coins until you see a higher price than what you've initially invested. Wink