Quote from: Soots on August 16, 2018, 12:24:08 PM

Quote from: Caladonian on August 15, 2018, 03:47:37 AM

Quote from: Bonsaiav on August 14, 2018, 07:31:02 PM

We don't know bitcoin will go where continue to decline or go back up. Perhaps the decline that occurred this time was the last decline, and after that, there will be a resurgence of bitcoin that the price will continue to increase to a significant level.

Depending to new holders that will buy those cheap coins around the market, if they will keep it on hold and patiently waiting for the rise then we will see good movement after some time, but if those new holders are still same with those early panic holders, then we really need to wait for some years in order to see the bounce up and reached another height.

That's merely possible to wait for bitcoin price to hit that profitable value in the next years to come. Panic holders was the number one reasons why this happened that market was behaving fluctuating trends of price. Bouncing price can be a struggle for all of us, so keep calm and don't ever listen to negative thoughts from other frustrated people, because it will drain your perseverance.

Well that's because all these new investors thought that investing would give them quick sure profit. A big mistake in any kind of investment. One should consider the risks that entail investing in a very volatile market so they'll know what to expect.