Post
Topic
Board Speculation
Re: What will become of Bitcoin if the price keeps falling?
by
upsidedown75
on 09/10/2018, 09:16:13 UTC
If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.
The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   
The price cannot keep on falling forever because the market do not remains down forever. There can be recovery in the market as well. If the demand rises, the price will also rise and there is already a bit of rising trend in it. Now, price is 6540 US dollar which is still low and it is stable between 6k and 7k US dollar which enables you to get it on low price and no one knows nothing about future so you just make a position by investing here.