Post
Topic
Board Speculation
Re: What is your quit point for Bitcoin price?
by
GregH37
on 27/04/2019, 19:35:47 UTC
The price is now sitting at 5k+ usd and 3k or below is not far enough which means there is still a possibility that bitcoins value can fall on the said price but even if the price go down harder i have no choice than to stay because this is where i earn  . i dont invest nor trade but im only a worker i earn bitcoin and i can sell my bitcoin at any price in order to earn a profit  .  and if ever the value drops dramatically , im pretty sure that it can recover again quickly because investors are only waiting for a major dip before they buy in a massive amount  .
Yours is understandable because you are a salary earner and the purpose for which you are being paid is for the work you have done, and you can take you money at any time, but for investors, I don’t think it will be the right time to quit now, we might assume that the market will fall and it will take another turn.

We should not really worry about the fluctuation in price now, since they are not traders, the best quitting time should be when the ATH of BTC has been reached. I believe that the price of BTC may not fall again because at every little dip, there is always a standby bull that will invest and support the market back.