Most of us are trader, and all of traders wants profit. No more long term holding, people will sell their cryptocurrency if they get chance to gain profit in form of fiat. They will buy those cryptocurrencies again after the price fall.
trading for long time by buying bitcoin at this moment really looks good for us.all cryptocurrency price now on cheap price.i hope when BAKKT trading launched, all crypto price could recovered again.Ok what's with the bakk that can help the crypto to recover?
There's a massive selling that's happening right now due to bitcoin cash fork and likely I don't get it why people are getting clever now and seems they're on bitcoin cash side. Hopefully, bitcoin will get back to its shape.
You just haven't held bitcoin long enough maybe?
It's still at the same value anyone who has owned it more than 13 months had when they bought it... it could go down to the $4k or 2k level and many of us just don't care.
Anyone not in bitcoin for the long haul better not have money in it though.
These low periods wipe out all the shitcoin holders
I have bitcoins since it was 200 dollars, I can wait to drop more before I start to panic. Low periods will wipe out unbelievers and shitcoin holders, that is a sure thing. This year we have many red days, and a lot of panic among new people in crypto. They are desperate, they didn't expect all this to happen, they had other plans, to be millionaires already.
Bitcoin is in great shape if you ask me, this is a good ground for future. Price can't jump up when ever we wish it, give it some time, adoption is not a fast process, many good things are waiting for us and price will grow once again, nothing happen over night with crypto, except with pump and dump shitcoins, gamble with them if you wish fast money.
Honestly hope its another year at this level...maybe even down another 15%.... whoever these traders are that come in and don't see the pumps have to go get a job at some point.
The next wave, 2020 or even 2021, it's going to be the same annoying spike we had in December where people never think "this isn't normal or going to last." Nothing goes up like that without falling. The harder the fall, the more we see who is in this for the right reasons.