Post
Topic
Board Trading Discussion
Re: Bitcoin – Now at DECISION POINT!! :O
by
Cosbycoin
on 31/05/2019, 10:57:23 UTC
Well, the performance of Bitcoin was actually impressive so far, according to https://coinmarketcap.com/currencies/bitcoin/ it was 8688$ which is very closed to 10, 000$ each bitcoin. I think once it reach that amount, it will hard for the bitcoin holders to accumulate it, because its getting expensive now. So as long as not reaching 10k$ better to buy em now then hold.

Yes, you are right because once the price of Bitcoin is kept increasing it is very hard to accumulate, in the same way, once it crosses the value of $10k then we will see the rally of altcoin which most of the Bitcoins will start pumping the potential altcoins in the market.
Of course you have to act before the crypto train leaves for the Bull Run. There is a kind of group out there which will not invest in Bitcoin and will wait for the high price to make sure that the asset is pretty much in the boom mood but they do not look at their high cost of investment which results in low profits when they invest during the boom at high price.