Post
Topic
Board Bitcoin Discussion
Re: What do you think ? Is this an opportunity to get in or get out
by
tiem100
on 20/05/2019, 15:07:11 UTC
Bitcoin has become more popular in the financial world due to its sudden growth but When I see exchanges there is a high percentage of people who are trying to sell there Bitcoins to make temporary gains using current price increase and some fear this is a temporary situation so they use this moment to abandon the market but My personal opinion is they doesn't understand this is a time that any investor should invest more into Bitcoins because after along time BTC has shown us it is not a Bubble or just another financial failure so as investors we should have a clear understanding in order to make this opportunity an advantage
There is nothing wrong in having a trade, there will be people booking profits and people buying all the time, so what do you think is a optimal situation, a situation where people only buy bitcoin  Cheesy , if that is the case we will see the price of bitcoin going high all the time and that is not a realistic situation in any market situation, glad that there is a huge liquidity and nothing else, if there is no liquidity in the market, the entire market will stall. Tongue

If people only buy BTC then there is nobody who is selling. To buy crypto on exchanger someone form the other side has to give sell order.

How that affects the price?

Price would be stable in this case ,as nobody is buying or selling so price is not changing.