Post
Topic
Board Economics
Re: Is the Market Stabilizing?
by
Phildo
on 25/12/2018, 17:54:59 UTC
What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!)  It can be scary.

Three months already, BTC struggled to maintain its value, which was above 6000 dollars, during which many people said it was a stagnant or stable price. But finally the price of BTC fell too at its lowest point between 3500 dollars and 4000 dollars. For those of us who are just ordinary users with a small amount of funds, we can only surrender and hope that this bitter reality can end soon.
indeed this decline is very drastic from the price of 6k dollars to down 3k dollars making people panic and afraid of losing their profits, but remember not to frantically sell BTC at a low price, I'm sure BTC in 2019 will definitely go to the moon.

I agree with you don’t be panic to sell it at a low price. It will make you lose your profits when the price rise, so still be patient to hold, don’t panic and don’t be afraid because there will be a time when bitcoin rise slowly until the price go high again. It’s only natural that it drops so far, makes people panic and afraid then sell at low price.