Post
Topic
Board Speculation
Re: What will you do with your Bitcoin in 2018? Will it become more valuable?
by
Abiky
on 24/08/2018, 00:33:22 UTC
It always depend on the contentment of the person who hold bitcoin. If its think that price is enough for them so they will sell it. If they think that its worthless to sell in this kind of bitcoin amount at this moment then will hold it. Its always depends how much or needed of a person. And I do not think that you can rich immediately when the price of bitcoin become more valuable.

Exactly. It will depend if the person has met with his/her price target, to either sell or buy more Bitcoins for the long term. People who got in last year when Bitcoin was in its ATH, have lost a lot of money and are waiting for the next surge in BTC's price. However, newcomers into Bitcoin will see this as an opportunity to make a lot of money in the future. Compared with last year's ATH, Bitcoin is much cheaper nowadays which could experience a lot of demand in the upcoming months.

If you compare the price of a Bitcoin against previous years, you'll notice that Bitcoin is still higher than what it was since its very beginnings. Therefore, Bitcoin is set to rise in value over time probably because of the scarcity in supply, and resiliency against hacks or attacks on the network. Just my opinion Smiley