Post
Topic
Board Bitcoin Discussion
Re: Who's The Loser Here?
by
LogitechMouse
on 09/12/2018, 10:00:51 UTC
With the situation on ground, I'm  seeing Bitcoin at $3000 before the end of December. http://cryptoinfowatch.com/bitcoin-price-performance-show-november-as-the-worst-month-in-7-years/
Well, that is the scenario that is more likely to happen. We didn't see the "History repeat itself" scenario where price of Bitcoin spiked in the last 3 months of 2017 but we saw the reverse of it.

For me, I think the biggest loser here is those investors who bought at near $20000 and then sold it at a lower price. If you bought at that price and until now you are holding it, you are not losing and there is a chance that you can gain profit. You just need to accumulate more Bitcoin and then average down.