Post
Topic
Board Bitcoin Discussion
Re: John McAfee Says “Bitcoin under $9,500. If you are panicking, you are a fool”
by
Twinkledoe
on 01/09/2019, 22:58:42 UTC
What's your take john mcafee's view?

I agree with him in a long-term "hodling" perspective; these dips/drops shouldn't matter if you're long-term bullish in the first place. In the short-mid term trader's perspective though? Maybe, maybe not. Bitcoin can definitely still drop far below $9500, and there might be a lot of buying opportunities at lower prices in my opinion. But at the same time, it's also possible(though unlikely in my opinion) that bitcoin wouldn't drop lower than $9000. In the end, it's all just proper risk control.


Ya that's right so need to stay calm and don't panicking dropingnof price of bitcoin into 9,500$ is opportunity again to buy bitcoin as long term investment.
We do not avoid risk if the panic just always think positive and grab the opportunity to buy  if the price is drop slightly stay patience I believe after the 9,500$ drops bitcoin begin yo uprise and come again the real price.

If you are a long time crypto user and follower, panic is out of your system already. Because you have been in much worst situation and much much lower price level. You will just treat this situation as another opportunity to short trade or accumulate more btc for long-term investment. And so what McAfee said is really true in many ways. You know better as a crypto enthusiast.