Post
Topic
Board Speculation
Re: Huge drop happening within 48 hours! (I WAS RIGHT!)
by
DrBitcoin
on 29/08/2019, 10:44:49 UTC
this is the same thing that has been happening over the past 30+ days. price goes to $10k+ range then comes back down to $9k+ range and the goes back up again. the minimum that was reached this time is not yet as big as last two times for you to get excited Wink

Exactly, unbelievable that some behave as if the OP really was right, and that even last night he announced (change title) "I was right", in time BTC is lost only $400 in value. If anyone want to check price in last 3 months, it is very easy to see that we see similar price drops at least 2-3 times. There's nothing weird about that, is is just time of year when market is act like this, and it is very easy to manipulate with price.

I see this drop as only one more attempt to shake weak hands and take more cheap coins from them, only 4 months is left before the end of the year, and if there is any significant upward action, this will happen in the next few months.



Fair enough. But it’s currently $9400 range. 8K could easily happen today.

That said...I am long term holder. So when it goes down heavy, I look at it as a buying opportunity. I don’t trade, because I ALWAYS lose money that way.