Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.
Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
I believe this is not yet the time I still predicting it will be more cheap next month since this year the market will not go up like last year. Well we dont know what will be next but look at the market.
it hard for cryptocurrency down anymore, its hard to happen if there is no negative news in market.and we hope this condition would not happen any more or investors will take all of their money.
Well, in a way, most of the altcoins and the crypto space at large have really bottomed out and the chance of seeing a lot of them making a move upward is pretty much there at the moment. The truth remains that no one can know exactly if we could still see more drop or not, but however things turn out, is going to be known in time.
Nonetheless, I believe anyone that would love to go long and have some level of patience, right now is actually the time to be getting into the projects they would love to get into. The chances of growth are there and I am pretty sure we will get to see more move as the case may be.