Post
Topic
Board Bitcoin Discussion
Re: after only a few days the bitcoin has gone up, but now it's starting to fall aga
by
kryptqnick
on 17/05/2019, 18:39:20 UTC
whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.
I agree. No need to panic, and then it will only be a temporary thing. Bitcoin went up from $6k to $8k too fast, it's natural that this growth is followed by a correction. I think it's actually very good, because such gradual increases and drawbacks lessen the risk of a sudden rapid drop, followed by a long recovery period. Bitcoin is holding at $7k, and if it manages to stay this way for a while, it's already a big step forward.