Post
Topic
Board Economics
Re: Bitcoin is heading back to $6k
by
Bonsaiav
on 25/04/2019, 21:55:02 UTC
I am really not happy seeing this report, i made the greatest mistakes of my life last night, someone i believed in so much that bitcoin will not climb above $5400 before retracing its step back to $4500 and then speeding up to BULL, i was mislead by him and i sold my coin, only for me to wake up this morning and found out that bitcoin had broken the $5500 resistance

This is why you hodl and don't attempt to day trade.  Its likely that the price will never dip down to what you sold your coins for.  You may end up having FOMO and buy for a much higher price.  If you are serious about making money I wouldn't wait much longer, a lot of institutional investors are dipping their toes in crypto now.

I believe this, gradually they have begun to enter this extreme market since a month ago and this has been predicted since January earlier this year. Indeed, their entry into the crypto market cannot provide big changes as spontaneously, but at least they have shaken the joints of market growth well. Institutional investors are actually people who are already proficient in finance especially in the world of stocks it doesn't seem difficult for them to wrestle in this field because naturally this method's very similar. I hope, institutional investors who have entered this market can bring other investors, and be able to increase the popularity of bitcoin into the top market ranks.