Post
Topic
Board Speculation
Re: What will become of Bitcoin if the price keeps falling?
by
fasdorcas
on 06/09/2018, 09:50:41 UTC
What will become of Bitcoin if the price keeps falling?
Prices went down from the start of this year: https://www.coinranker.net/cryptocurrency/bitcoin


I think it doesn't matter if the price decline continues, the price is indeed fluctuating, the increase will also occur and I don't think panic if this decline continues, even a good situation to buy coins at low prices and start long-term investment to wait until the increase occurs
One thing with the market is that it cannot obviously continue to be in one direction all through without at least changing direction at some point.

Downtrends are normal in a market and if there is even a huge downtrend, as long as the market is still active and useful, there would still be a point in time when the whole dump thing ends up subsiding and the market will consolidate before picking back up again. So, at the short term, if the price keeps falling, it just gets more interesting to pick at a lower price and gain a lot from it in the long run.